The Learning Bench Academy

990EZ • Fiscal year 2017 • EIN 45-2612855

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 05, 2017

Organization Profile N/A

PO Box 403Livingston, MT 59047

(406) 823-9155

Siviq Scores

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

6.83x

Higher debt load relative to assets than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.54x

Higher debt load relative to revenue than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-25%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

-49%

Faster asset growth than 9% of similar nonprofits.

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

-40%

Faster revenue growth than 12% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets99th percentile

Assets

Down

$5,463

Down $5,332 (-49%) from 2016

Net Assets

-$31,867

No earlier filing loaded for comparison.

Liabilities

$37,330

Up $11,844 (+46%) from 2016

Revenue And Expenses

Liabilities / Revenue92nd percentile Net Margin14th percentile

Revenue

Down

$69,694

Down $46,410 (-40%) from 2016

Expenses

Down

$86,870

Down $43,925 (-34%) from 2016

Net Income

Down

-$17,176

Down $2,485 (-17%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

Highlighted filing

2017

Assets$5,463

Liabilities$37,330

Net Assets-$31,867

Open 2017 Filing

Operations Trend

Revenue Growth12th percentile

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

Highlighted filing

2017

Revenue$69,694

Expenses$86,870

Net Income-$17,176

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2016 to Jun 30, 2017
Signed: Nov 5, 2017
Return Version: 2016v3.0
Gross Receipts: $69,694

Mission and Program Overview

Mission

SCHOOL

Program Services

Description	Grants	Expenses
SCHOOL	$7,500	$86,870

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Full / Part Time	Base	Other	Total
ROBERT BROWN	Administrator	FT	$13,892	-	$13,892
DAVID SKATTUM	Chairman	-	$0	-	-
CHRIS FLOOK	Director	-	$0	-	-
GUY OLSON	Director	-	$0	-	-
CAROL WITHERS	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Summit Academy Inc
EIN: 45-2612855
Phone: 4068239155
Address: PO BOX 403, LIVINGSTON, MT 59047

Signing Officer

Name: Christanna Flook
Title: Permanent Board Member
Phone: 4068239155
Signed: 2017-11-05
Discuss with paid preparer: Yes

Preparer

Firm: First Choice Accounting Inc
Address: PO BOX 609, LIVINGSTON, MT 59047
Preparer: Michelle a Jolley
Phone: 4062229292

Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“ADVERTISING 30.”

Form 990EZ, Part I, Line 16

“BANK SERVICE CHARGES 47.”

Form 990EZ, Part I, Line 16

“Books & testing materials 2766.”

Form 990EZ, Part I, Line 16

“Computer & internet expenses 160.”

Form 990EZ, Part I, Line 16

“GIFTS 600.”

Form 990EZ, Part I, Line 16

“INSURANCE 1311.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 1747.”

Form 990EZ, Part I, Line 16

“Payroll liability penalties 1848.”

Form 990EZ, Part I, Line 16

“PAYROLL LIABILTIES 5392.”

Form 990EZ, Part I, Line 16

“POSTAGE/SHIPPING 213.”

Form 990EZ, Part I, Line 16

“REIMBURSED TRAVEL 255.”

Form 990EZ, Part I, Line 16

“Secondary online education classes 2520.”

Form 990EZ, Part I, Line 16

“Staff education/training 610.”

Form 990EZ, Part I, Line 16

“STUDENT ACTIVITIES 2302.”

Form 990EZ, Part II, Line 24

“Accounts receivable 9058. 900.”

Form 990EZ, Part II, Line 26

“Past due rent 18000. 20000.”

Form 990EZ, Part II, Line 26

“Accounts payable(p/r liab/bills) 7486. 6649.”

Form 990EZ, Part II, Line 26

“Accounting adjustment to balance books 10681.”

Raw XML Appendix193 raw XML fields

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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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 403
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	LIVINGSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	59047
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	1737
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	4563
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IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	58724
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-17176
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	375
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	10795
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	5463
IRS990EZ/FundraisingGrossIncomeAmt	0	10970
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GamingGrossIncomeAmt	0	0
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	69694
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-14691
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-31867
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-14691
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-31867
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	9354
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	13892
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DAVID SKATTUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CHRIS FLOOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	GUY OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	CAROL WITHERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	ROBERT BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	ADMINISTRATOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	9058
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	900
IRS990EZ/OtherExpensesTotalAmt	0	19801
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SCHOOL
IRS990EZ/ProgramServiceRevenueAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SCHOOL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	7500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	86870
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	57340
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	10970
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	25486
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	37330
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	86870
IRS990EZ/TotalProgramServiceExpensesAmt	0	86870
IRS990EZ/TotalRevenueAmt	0	69694
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/PublicSupportCY170Pct	0	0
IRS990ScheduleA/PublicSupportCY509Pct	0	0
IRS990ScheduleA/PublicSupportTotal170Amt	0	0
IRS990ScheduleA/PublicSupportTotal509Amt	0	0
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ADVERTISING 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	BANK SERVICE CHARGES 47.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	BOOKS & TESTING MATERIALS 2766.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	COMPUTER & INTERNET EXPENSES 160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	GIFTS 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	INSURANCE 1311.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	OFFICE SUPPLIES 1747.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	PAYROLL LIABILITY PENALTIES 1848.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	PAYROLL LIABILTIES 5392.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	POSTAGE/SHIPPING 213.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	REIMBURSED TRAVEL 255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	SECONDARY ONLINE EDUCATION CLASSES 2520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	STAFF EDUCATION/TRAINING 610.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	STUDENT ACTIVITIES 2302.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	ACCOUNTS RECEIVABLE 9058. 900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	PAST DUE RENT 18000. 20000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	16	ACCOUNTS PAYABLE(P/R LIAB/BILLS) 7486. 6649.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	17	ACCOUNTING ADJUSTMENT TO BALANCE BOOKS 10681.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	16	Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	17	Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CHRISTANNA FLOOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PERMANENT BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	4068239155
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SUMMIT ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SUMM
ReturnHeader/Filer/EIN	0	452612855
ReturnHeader/Filer/PhoneNum	0	4068239155
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 403
ReturnHeader/Filer/USAddress/CityNm	0	LIVINGSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MT
ReturnHeader/Filer/USAddress/ZIPCd	0	59047
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	97.121.215.140
ReturnHeader/FilingSecurityInformation/IPDt	0	2017-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PS
ReturnHeader/FilingSecurityInformation/IPTm	0	13:05:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	FIRST CHOICE ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 609
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LIVINGSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	59047
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4062229292
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MICHELLE A JOLLEY
ReturnHeader/ReturnTs	0	2017-11-09T13:05:50-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-07-01
ReturnHeader/TaxPeriodEndDt	0	2017-06-30
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $5,463
Liabilities: $37,330
Net assets: -$31,867
Revenue: $69,694
Expenses: $86,870
Net income: -$17,176

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2018Detailed filing. Detailed filing data is available for this year.	$0.08	$0.37	$0.28	$0.60	$0.57	$0.04
2017Detailed filing. Detailed filing data is available for this year.	$0.05	$0.37	$0.32	$0.70	$0.87	$0.17
2016Summary only. Only limited summary data is available for this year.	$0.11	$0.25		$1.16	$1.31	$0.15
2014Summary only. Only limited summary data is available for this year.	$0.32	$0.32		$1.09	$0.17	$0.92