Civic Intelligence

Summit Charter School

990EZ • Fiscal year 2016 • EIN 47-1245811

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

Organization ProfileWWW.SUMMITCHARTERSCHOOL.ORG
3109 50th St EMinneapolis, MN 55417

(651) 294-3508

Siviq Scores

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

Liabilities / Assets

97th percentile

2.13x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets97th percentile

Assets

$13,866

No earlier filing loaded for comparison.

Net Assets

-$15,728

No earlier filing loaded for comparison.

Liabilities

$29,594

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin19th percentile

Revenue

$103,612

No earlier filing loaded for comparison.

Expenses

$119,340

No earlier filing loaded for comparison.

Net Income

-$15,728

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2016: $13,866Liabilities 2016: $29,594Net Assets 2016: -$15,7282016Assets 2017: $491,617Liabilities 2017: $392,844Net Assets 2017: $98,7732017Assets 2018: $1,575,882Liabilities 2018: $1,549,410Net Assets 2018: $26,4722018Assets 2019: $1,726,164Liabilities 2019: $1,512,179Net Assets 2019: $213,9852019Assets 2020: $1,777,916Liabilities 2020: $1,421,591Net Assets 2020: $356,3252020Assets 2021: $2,434,696Liabilities 2021: $1,393,929Net Assets 2021: $1,040,7672021Assets 2022: $3,286,502Liabilities 2022: $2,439,688Net Assets 2022: $846,8142022Assets 2023: $6,394,830Liabilities 2023: $5,867,100Net Assets 2023: $527,7302023Assets 2024: $6,133,713Liabilities 2024: $5,631,049Net Assets 2024: $502,6642024Assets 2025: $6,020,434Liabilities 2025: $5,695,154Net Assets 2025: $325,2802025

Highlighted filing

2016

Assets$13,866
Liabilities$29,594
Net Assets-$15,728
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $103,612Expenses 2016: $119,340Net Income 2016: -$15,7282016Revenue 2017: $1,342,089Expenses 2017: $1,227,588Net Income 2017: $114,5012017Revenue 2018: $1,600,621Expenses 2018: $1,672,922Net Income 2018: -$72,3012018Revenue 2019: $1,522,026Expenses 2019: $1,334,513Net Income 2019: $187,5132019Revenue 2020: $2,047,177Expenses 2020: $1,904,837Net Income 2020: $142,3402020Revenue 2021: $2,805,772Expenses 2021: $2,121,330Net Income 2021: $684,4422021Revenue 2022: $4,803,823Expenses 2022: $4,997,776Net Income 2022: -$193,9532022Revenue 2023: $5,553,190Expenses 2023: $5,620,170Net Income 2023: -$66,9802023Revenue 2024: $6,115,994Expenses 2024: $5,849,725Net Income 2024: $266,2692024Revenue 2025: $6,422,796Expenses 2025: $6,439,541Net Income 2025: -$16,7452025

Highlighted filing

2016

Revenue$103,612
Expenses$119,340
Net Income-$15,728
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$103,612
Mission and Program Overview

Mission

Othe mission of success academy is to prepare students to become excellent questioners, scientific thinkers and responsible citizens.

During the previous year, summit charter school was in its preoperational phase. Staff and contractors are seeking to get the school ready for a successful first school year commending fall 2016.

Program Services

DescriptionGrantsExpenses
DURING THE PREVIOUS YEAR, SUMMIT CHARTER SCHOOL WAS IN ITS PREOPERATIONAL PHASE. STAFF AND CONTRACTORS ARE SEEKING TO GET THE SCHOOL READY FOR A SUCCESSFUL FIRST SCHOOL YEAR COMMENDING FALL 2016.-$5,802
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
LESLEY GUYTONChair-$0--
ALEEM MAHAMMEDVice Chair-$0--
ABUAD RAHIMember-$0--
JAMES ENGLERSecretary-$0--
MERITA HALITIMember-$0--
MAGDY RABEAAExecutive DiFT$0--
Filing and Contact Details

Filer

Filer Name
Summit Charter School
EIN
47-1245811
Address
3109 50TH ST E, MINNEAPOLIS, MN 55417

Signing Officer

Name
Lesley Guyton
Title
Chair
Signed
2016-11-15

Preparer

Firm
Chuck Rinkey Ltd
Address
5775 WAYZATA BLVD STE 990, MINNEAPOLIS, MN 55416-1295
Preparer
Charles Rinkey
Phone
9525461052
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses telephone 83 33 capital outlay 2,290 dues 3,160 grants 13,415 supplies 5,011 7,604 total 31,596”

Form 990-ez, Part II, Line 24

“Grants receivable 0 13,866 total 0 13,866”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 14,594 long term debt 0 15,000”

Form 990-ez, Part III

“During the previous year, summit charter school was in its preoperational phase. Staff and contractors are seeking to get the school ready for a successful first school year commending fall 2016.”

Raw XML Appendix138 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ANTON GROUP
IRS990EZ/BooksInCareOfDetail/PhoneNum06512943508
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055104
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt094909
IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-15728
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06738
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt0103612
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15728
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-15728
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LESLEY GUYTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEEM MAHAMMED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABUAD RAHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES ENGLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MERITA HALITI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MAGDY RABEAA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013866
IRS990EZ/OtherExpensesTotalAmt031596
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DURING THE PREVIOUS YEAR, SUMMIT CHARTER SCHOOL WAS IN ITS PREOPERATIONAL PHASE. STAFF AND CONTRACTORS ARE SEEKING TO GET THE SCHOOL READY FOR A SUCCESSFUL FIRST SCHOOL YEAR COMMENDING FALL 2016.
IRS990EZ/PrintingPublicationsPostageAmt054
IRS990EZ/ProgramServiceRevenueAmt08703
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING THE PREVIOUS YEAR, SUMMIT CHARTER SCHOOL WAS IN ITS PREOPERATIONAL PHASE. STAFF AND CONTRACTORS ARE SEEKING TO GET THE SCHOOL READY FOR A SUCCESSFUL FIRST SCHOOL YEAR COMMENDING FALL 2016.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05802
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt080952
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt029594
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119340
IRS990EZ/TotalProgramServiceExpensesAmt05802
IRS990EZ/TotalRevenueAmt0103612
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SUMMITCHARTERSCHOOL.ORG
IRS990ScheduleA/SchoolInd0X
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/ExplanationTxt0PAMPHLETS DISTRIBUTED TO FAMILIES OF PROSPECTIVE STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TELEPHONE 83 33 CAPITAL OUTLAY 2,290 DUES 3,160 GRANTS 13,415 SUPPLIES 5,011 7,604 TOTAL 31,596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 0 13,866 TOTAL 0 13,866
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 14,594 LONG TERM DEBT 0 15,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING THE PREVIOUS YEAR, SUMMIT CHARTER SCHOOL WAS IN ITS PREOPERATIONAL PHASE. STAFF AND CONTRACTORS ARE SEEKING TO GET THE SCHOOL READY FOR A SUCCESSFUL FIRST SCHOOL YEAR COMMENDING FALL 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LESLEY GUYTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0471245811
ReturnHeader/Filer/USAddress/AddressLine1Txt03109 50TH ST E
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055417
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411799235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHUCK RINKEY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05775 WAYZATA BLVD STE 990
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554161295
ReturnHeader/PreparerPersonGrp/PhoneNum09525461052
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES RINKEY
ReturnHeader/ReturnTs02016-11-30T15:12:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,866
Liabilities
$29,594
Net assets
-$15,728
Revenue
$103,612
Expenses
$119,340
Net income
-$15,728
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.02$5.70$0.33$6.42$6.44$0.02
2024Detailed filing. Detailed filing data is available for this year.$6.13$5.63$0.50$6.12$5.85$0.27
2023Detailed filing. Detailed filing data is available for this year.$6.39$5.87$0.53$5.55$5.62$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.29$2.44$0.85$4.80$5.00$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.43$1.39$1.04$2.81$2.12$0.68
2020Detailed filing. Detailed filing data is available for this year.$1.78$1.42$0.36$2.05$1.90$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.73$1.51$0.21$1.52$1.33$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.58$1.55$0.03$1.60$1.67$0.07
2017Summary only. Only limited summary data is available for this year.$0.49$0.39$0.10$1.34$1.23$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.02$0.10$0.12$0.02