Civic Intelligence

Educational Frontiers Inc DBA Summit School

990 • Fiscal year 2017 • EIN 41-1696582

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 01, 2017

1600 North 8th Avenue EastDuluth, MN 55805

(218) 724-3133

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.29x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

26th percentile

-5.6%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

7th percentile

-24%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-2.3%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$231,050

Down $74,346 (-24%) from 2016

Net Assets

Down

$164,018

Down $42,872 (-21%) from 2016

Liabilities

Down

$67,032

Down $31,474 (-32%) from 2016

Revenue

Down

$761,614

Down $18,079 (-2.3%) from 2016

Expenses

Up

$804,486

Up $40,223 (+5.3%) from 2016

Net Income

Down

-$42,872

Down $58,302 (-378%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $343,766Liabilities 2011: $193,585Net Assets 2011: $150,1812011Assets 2012: $391,589Liabilities 2012: $200,658Net Assets 2012: $190,9312012Assets 2013: $385,735Liabilities 2013: $168,539Net Assets 2013: $217,1962013Assets 2014: $344,385Liabilities 2014: $142,739Net Assets 2014: $201,6462014Assets 2015: $312,102Liabilities 2015: $120,642Net Assets 2015: $191,4602015Assets 2016: $305,396Liabilities 2016: $98,506Net Assets 2016: $206,8902016Assets 2017: $231,050Liabilities 2017: $67,032Net Assets 2017: $164,0182017Assets 2018: $233,058Liabilities 2018: $67,065Net Assets 2018: $165,9932018Assets 2019: $227,402Liabilities 2019: $54,434Net Assets 2019: $172,9682019Assets 2020: $385,784Liabilities 2020: $160,515Net Assets 2020: $225,2692020Assets 2021: $551,224Liabilities 2021: $182,353Net Assets 2021: $368,8712021Assets 2022: $527,208Liabilities 2022: $50,729Net Assets 2022: $476,4792022Assets 2023: $539,419Liabilities 2023: $66,578Net Assets 2023: $472,8412023Assets 2024: $604,619Liabilities 2024: $78,077Net Assets 2024: $526,5422024

Highlighted filing

2017

Assets$231,050
Liabilities$67,032
Net Assets$164,018

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $635,9782011Expenses 2012: $656,5012012Revenue 2013: $720,026Expenses 2013: $693,761Net Income 2013: $26,2652013Revenue 2014: $669,063Expenses 2014: $684,613Net Income 2014: -$15,5502014Revenue 2015: $756,101Expenses 2015: $766,287Net Income 2015: -$10,1862015Revenue 2016: $779,693Expenses 2016: $764,263Net Income 2016: $15,4302016Revenue 2017: $761,614Expenses 2017: $804,486Net Income 2017: -$42,8722017Revenue 2018: $850,277Expenses 2018: $848,302Net Income 2018: $1,9752018Revenue 2019: $870,320Expenses 2019: $863,345Net Income 2019: $6,9752019Revenue 2020: $868,285Expenses 2020: $815,984Net Income 2020: $52,3012020Revenue 2021: $1,033,384Expenses 2021: $889,782Net Income 2021: $143,6022021Revenue 2022: $1,080,219Expenses 2022: $972,611Net Income 2022: $107,6082022Revenue 2023: $1,111,098Expenses 2023: $1,114,736Net Income 2023: -$3,6382023Revenue 2024: $1,212,221Expenses 2024: $1,158,520Net Income 2024: $53,7012024

Highlighted filing

2017

Revenue$761,614
Expenses$804,486
Net Income-$42,872
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 1, 2017
Return Version
2016v3.0
Gross Receipts
$761,614
Mission and Program Overview

Mission

Educational frontiers provides high quality developmentally appropriate early learning experiences to children ages 6 weeks to 6 years.

Provide education to children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$248,162$224,315▼ $23,847
Cash and Non-Interest-Bearing Accounts$38,352$3,003▼ $35,349
Prepaid Expenses and Deferred Charges$2,428$1,969▼ $459
Accounts Receivable$16,454$1,763▼ $14,691
Total Assets$305,396$231,050▼ $74,346
Liabilities
Mortgage Notes Payable Secured by Investment Property$49,878$30,964▼ $18,914
Accounts Payable and Accrued Expenses$37,128$30,568▼ $6,560
Unsecured Notes Loans Payable$11,500$5,500▼ $6,000
Total Liabilities$98,506$67,032▼ $31,474
Net Assets / Fund Balance
Unrestricted Net Assets$206,890$164,018▼ $42,872
Total Net Assets Fund Balance$206,890$164,018▼ $42,872
Total Liabilities and Net Assets / Fund Balance$305,396$231,050▼ $74,346

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$207,365$336,958$544,323
Other Land Buildings$13,598$69,136$82,734
Equipment$3,352$61,856$65,208
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,813
Program Service Revenue
$736,622
Investment Income
$27
Other Revenue
$22,152
All Other Contributions
$2,813
Change in Net Assets
$-42,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,614
Total Revenue per Audited Statements
$761,614
Total Revenue per Form 990
$761,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$589,965
Other Expenses$214,521
Total Fundraising Expense$12,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$430,711$109,040$5,452$545,203
Payroll Taxes$26,891$14,706$420$42,017
Fees for Services Accounting$3,044$27,422-$30,466
Depreciation Depletion$25,424$2,824-$28,248
Other Expenses$15,065$1,972$6,561$15,065
All Other Expenses$9,797$4,562-$14,359
Fees for Services Legal$1,238$11,142-$12,380
Insurance$11,089$1,232-$12,321
Interest-$2,856-$2,856
Office Expenses$976$1,811-$2,787
Other Employee Benefits$1,756$961$28$2,745
Advertising$1,194$133-$1,327
Total Functional Expenses$608,846$183,179$12,461$804,486

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$804,486
Total Expenses per Audited Statements$804,486
Total Expenses per Form 990$804,486
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Fund Ra$21,450$21,450-$21,450
Total Events$21,450$21,450-$21,450
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

It is presented to the governing body at a monthly meeting.

Form 990, Page 6, Part VI, Line 12C

It is the policy of summit school that its relationships and transactions with individuals outside the school and with other business concerns are c onducted at all times on a highly ethical basis. To this end the cold cons ideration must be at the best interest of the school. Employees of summit school may not provide child care for any summit family during the school's regular hours of operations. Employees of summit school shall not solicit parents with information about outside employment venture. They may not post flyers, send emails or information emails to parents about any money making venture.

Form 990, Page 6, Part VI, Line 15A

Discussed at annual review.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Educational Frontiers Inc
EIN
41-1696582
Phone
2187243133
Address
1600 NORTH 8TH AVENUE EAST, DULUTH, MN 55805

Signing Officer

Name
Steve Scrignoli
Title
President
Phone
2187243133
Signed
2017-12-01

Organization Details

Principal Officer
Steve Scrignoli
Formed
1990
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
46

Preparer

Firm
Licari Larsen and Company
Address
130 W SUPERIOR ST STE 712, DULUTH, MN 55802
Preparer
Steven S Licari
Phone
2187222226
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt061856
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065208
IRS990ScheduleD/ExpensesSubtotalAmt0804486
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013598
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069136
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt082734
IRS990ScheduleD/RevenueSubtotalAmt0761614
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0224315
IRS990ScheduleD/TotalExpensesPerForm990Amt0804486
IRS990ScheduleD/TotalRevenuePerForm990Amt0761614
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0761614
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0804486
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ADMISSION IS OPEN TO ALL CHILDREN ON A NONDISCRIMINATORY BASIS WITHOUT REGARD FOR RACE, COLOR, HERITAGE, CREED OR RELIGIOUS BE LIEF.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL FUND RA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021450
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021450
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS PRESENTED TO THE GOVERNING BODY AT A MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS THE POLICY OF SUMMIT SCHOOL THAT ITS RELATIONSHIPS AND TRANSACTIONS WITH INDIVIDUALS OUTSIDE THE SCHOOL AND WITH OTHER BUSINESS CONCERNS ARE C ONDUCTED AT ALL TIMES ON A HIGHLY ETHICAL BASIS. TO THIS END THE COLD CONS IDERATION MUST BE AT THE BEST INTEREST OF THE SCHOOL. EMPLOYEES OF SUMMIT SCHOOL MAY NOT PROVIDE CHILD CARE FOR ANY SUMMIT FAMILY DURING THE SCHOOL'S REGULAR HOURS OF OPERATIONS. EMPLOYEES OF SUMMIT SCHOOL SHALL NOT SOLICIT PARENTS WITH INFORMATION ABOUT OUTSIDE EMPLOYMENT VENTURE. THEY MAY NOT POST FLYERS, SEND EMAILS OR INFORMATION EMAILS TO PARENTS ABOUT ANY MONEY MAKING VENTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AT ANNUAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0305396
IRS990/TotalAssetsEOYAmt0231050
IRS990/TotalAssetsGrp/BOYAmt0305396
IRS990/TotalAssetsGrp/EOYAmt0231050
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02813
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012461
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0183179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0608846
IRS990/TotalFunctionalExpensesGrp/TotalAmt0804486
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt098506
IRS990/TotalLiabilitiesEOYAmt067032
IRS990/TotalLiabilitiesGrp/BOYAmt098506
IRS990/TotalLiabilitiesGrp/EOYAmt067032
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0206890
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0164018
IRS990/TotalProgramServiceExpensesAmt0608846
IRS990/TotalProgramServiceRevenueAmt0736622
IRS990/TotalRevenueGrp/ExclusionAmt027
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0737324
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0761614
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0305396
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0231050
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0206890
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0164018
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt011500
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 NORTH 8TH AVENUE EAST
IRS990/USAddress/CityNm0DULUTH
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055805
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0SUMMITSCHOOLDULUTH.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE SCRIGNOLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02187243133
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATIONAL FRONTIERS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA SUMMIT SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0411696582
ReturnHeader/Filer/PhoneNum02187243133
ReturnHeader/Filer/USAddress/AddressLine1Txt01600 NORTH 8TH AVENUE EAST
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055805
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E74612C03A80587096DC8DF1C345BB3C1DA496A2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E74612C03A80587096DC8DF1C345BB3C1DA496A2
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411806729
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LICARI LARSEN AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0130 W SUPERIOR ST STE 712
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055802
ReturnHeader/PreparerPersonGrp/PhoneNum02187222226
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN S LICARI
ReturnHeader/ReturnTs02018-01-24T06:14:56-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.08$0.53$1.21$1.16$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.47$1.11$1.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.05$0.48$1.08$0.97$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.18$0.37$1.03$0.89$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.16$0.23$0.87$0.82$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.17$0.87$0.86$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.17$0.85$0.85$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$0.76$0.80$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.10$0.21$0.78$0.76$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.12$0.19$0.76$0.77$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.14$0.20$0.67$0.68$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.17$0.22$0.72$0.69$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.20$0.19$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.19$0.15$0.64