Civic Intelligence

New Century School

990EZ • Fiscal year 2016 • EIN 47-2142901

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

Organization ProfileWWW.NEWSUMMITSCHOOL.ORG
5011 31st Ave SMinneapolis, MN 55417

(651) 410-4109

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.78x

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

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

Liabilities / Revenue

93rd percentile

0.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

97th percentile

$45,688

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 49.4% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • 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 / Assets92nd percentile

Assets

$77,065

No earlier filing loaded for comparison.

Net Assets

$16,825

No earlier filing loaded for comparison.

Liabilities

$60,240

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin75th percentile

Revenue

$92,422

No earlier filing loaded for comparison.

Expenses

$75,597

No earlier filing loaded for comparison.

Net Income

$16,825

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.

$15M$10M$5.0M$0Assets 2016: $77,065Liabilities 2016: $60,240Net Assets 2016: $16,8252016Assets 2017: $343,678Liabilities 2017: $171,623Net Assets 2017: $172,0552017Assets 2018: $2,011,765Liabilities 2018: $1,884,617Net Assets 2018: $127,1482018Assets 2019: $3,161,946Liabilities 2019: $2,492,415Net Assets 2019: $669,5312019Assets 2020: $3,678,223Liabilities 2020: $2,667,535Net Assets 2020: $1,010,6882020Assets 2021: $4,915,885Liabilities 2021: $3,224,959Net Assets 2021: $1,690,9262021Assets 2022: $7,638,576Liabilities 2022: $5,533,255Net Assets 2022: $2,105,3212022Assets 2023: $13,901,199Liabilities 2023: $13,220,954Net Assets 2023: $680,2452023Assets 2024: $13,586,754Liabilities 2024: $13,440,236Net Assets 2024: $146,5182024

Highlighted filing

2016

Assets$77,065
Liabilities$60,240
Net Assets$16,825
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MRevenue 2016: $92,422Expenses 2016: $75,597Net Income 2016: $16,8252016Revenue 2017: $1,774,915Expenses 2017: $1,619,685Net Income 2017: $155,2302017Revenue 2018: $2,733,807Expenses 2018: $2,778,714Net Income 2018: -$44,9072018Revenue 2019: $4,175,301Expenses 2019: $3,788,738Net Income 2019: $386,5632019Revenue 2020: $5,355,542Expenses 2020: $4,710,146Net Income 2020: $645,3962020Revenue 2021: $6,864,275Expenses 2021: $6,184,037Net Income 2021: $680,2382021Revenue 2022: $8,656,913Expenses 2022: $8,242,518Net Income 2022: $414,3952022Revenue 2023: $9,248,814Expenses 2023: $10,658,496Net Income 2023: -$1,409,6822023Revenue 2024: $14,180,478Expenses 2024: $14,173,531Net Income 2024: $6,9472024

Highlighted filing

2016

Revenue$92,422
Expenses$75,597
Net Income$16,825
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
$92,422
Mission and Program Overview

Mission

The school integrates computational thinking and inquiry-based learning as the foundational overarching instructional theme. Students will benefit from a rigorous, well-rounded stem curriculum with a multi-disciplinary instructional approach.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL SERVICES-$4,588
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR DIDO KOTILEExecutive Of-$42,500$3,188$45,688
AHMED ALIBoard Chair-$0--
ELLIE HOLTEVice Chair-$0--
AHMED ANSHURTreasurer-$0--
JACQULINE IRIBARRENDirector-$0--
MOHAMED MURSALDirector-$0--
Filing and Contact Details

Filer

Filer Name
New Summit School
EIN
47-2142901
Phone
6514104109
Address
5011 31ST AVE S, MINNEAPOLIS, MN 55417

Signing Officer

Name
Ahmed Ali
Title
Board Chair
Phone
6514104109
Signed
2016-11-15
Discuss with paid preparer
Yes

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 417 1,077 supplies 3,317 capital outlay 8,895 non-investment depreciation 284 total 13,990”

Form 990-ez, Part II, Line 24

“Grants receivable 0 57,838 0 17,065 less accumulated depreciation 0 284 total 0 74,619”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 60,240”

Form 990-ez, Part III

“The school integrates computational thinking and inquiry-based learning as the foundational overarching instructional theme. Students will benefit from a rigorous, well-rounded stem curriculum with a multi-disciplinary instructional approach.”

Raw XML Appendix142 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TELEPHONE 417 1,077 SUPPLIES 3,317 CAPITAL OUTLAY 8,895 NON-INVESTMENT DEPRECIATION 284 TOTAL 13,990
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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
$77,065
Liabilities
$60,240
Net assets
$16,825
Revenue
$92,422
Expenses
$75,597
Net income
$16,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.6$13.4$0.15$14.2$14.2$0.01
2023Detailed filing. Detailed filing data is available for this year.$13.9$13.2$0.68$9.25$10.7$1.41
2022Detailed filing. Detailed filing data is available for this year.$7.64$5.53$2.11$8.66$8.24$0.41
2021Detailed filing. Detailed filing data is available for this year.$4.92$3.22$1.69$6.86$6.18$0.68
2020Detailed filing. Detailed filing data is available for this year.$3.68$2.67$1.01$5.36$4.71$0.65
2019Detailed filing. Detailed filing data is available for this year.$3.16$2.49$0.67$4.18$3.79$0.39
2018Detailed filing. Detailed filing data is available for this year.$2.01$1.88$0.13$2.73$2.78$0.04
2017Summary only. Only limited summary data is available for this year.$0.34$0.17$0.17$1.77$1.62$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.06$0.02$0.09$0.08$0.02