Civic Intelligence

Summit Charter School Inc.

990 • Fiscal year 2021 • EIN 56-1993257

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

Organization ProfileWWW.SUMMITSCHOOL.ORG

View Organization Page

370 Mitten LnCashiers, NC 28717

(828) 743-5755

Siviq Scores

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

Liabilities / Assets

88th percentile

0.63x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.04x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

41st percentile

7.6%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$246,672

Down $87,452 (-26%) from 2020

Net Assets

Up

$91,093

Up $268,667 (+151%) from 2020

Liabilities

Down

$155,579

Down $356,119 (-70%) from 2020

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin41st percentile

Revenue

Up

$3,513,448

Up $825,663 (+31%) from 2020

Expenses

Up

$3,244,781

Up $293,231 (+9.9%) from 2020

Net Income

Up

$268,667

Up $532,432 (+202%) from 2020

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0-$500KAssets 2011: $152,509Liabilities 2011: $11,108Net Assets 2011: $141,4012011Assets 2012: $116,156Liabilities 2012: $12,697Net Assets 2012: $103,4592012Assets 2013: $149,441Liabilities 2013: $12,046Net Assets 2013: $137,3952013Assets 2014: $80,843Liabilities 2014: $13,691Net Assets 2014: $67,1522014Assets 2015: $101,399Liabilities 2015: $16,285Net Assets 2015: $85,1142015Assets 2016: $76,682Liabilities 2016: $5,678Net Assets 2016: $71,0042016Assets 2017: $82,058Liabilities 2017: $5,403Net Assets 2017: $76,6552017Assets 2018: $175,747Liabilities 2018: $30,208Net Assets 2018: $145,5392018Assets 2019: $154,528Liabilities 2019: $68,337Net Assets 2019: $86,1912019Assets 2020: $334,124Liabilities 2020: $511,698Net Assets 2020: -$177,5742020Assets 2021: $246,672Liabilities 2021: $155,579Net Assets 2021: $91,0932021Assets 2022: $205,607Liabilities 2022: $50,523Net Assets 2022: $155,0842022Assets 2023: $270,184Liabilities 2023: $127,856Net Assets 2023: $142,3282023Assets 2024: $755,677Liabilities 2024: $588,964Net Assets 2024: $166,7132024Assets 2025: $421,707Liabilities 2025: $181,194Net Assets 2025: $240,5132025

Highlighted filing

2021

Assets$246,672
Liabilities$155,579
Net Assets$91,093
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,714,450Expenses 2011: $1,734,877Net Income 2011: -$20,4272011Revenue 2012: $1,810,386Expenses 2012: $1,848,328Net Income 2012: -$37,9422012Revenue 2013: $1,836,864Expenses 2013: $1,802,928Net Income 2013: $33,9362013Revenue 2014: $1,850,691Expenses 2014: $1,920,934Net Income 2014: -$70,2432014Revenue 2015: $1,910,422Expenses 2015: $1,892,460Net Income 2015: $17,9622015Revenue 2016: $1,949,188Expenses 2016: $1,963,298Net Income 2016: -$14,1102016Revenue 2017: $2,285,900Expenses 2017: $2,280,249Net Income 2017: $5,6512017Revenue 2018: $2,452,936Expenses 2018: $2,384,052Net Income 2018: $68,8842018Revenue 2019: $2,718,517Expenses 2019: $2,777,865Net Income 2019: -$59,3482019Revenue 2020: $2,687,785Expenses 2020: $2,951,550Net Income 2020: -$263,7652020Revenue 2021: $3,513,448Expenses 2021: $3,244,781Net Income 2021: $268,6672021Revenue 2022: $3,784,050Expenses 2022: $3,720,059Net Income 2022: $63,9912022Revenue 2023: $4,001,107Expenses 2023: $4,013,863Net Income 2023: -$12,7562023Revenue 2024: $4,243,982Expenses 2024: $4,219,597Net Income 2024: $24,3852024Revenue 2025: $4,600,806Expenses 2025: $4,527,006Net Income 2025: $73,8002025

Highlighted filing

2021

Revenue$3,513,448
Expenses$3,244,781
Net Income$268,667
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.0
Gross Receipts
$3,513,448
Mission and Program Overview

Mission

Operation of a North Carolina public charter school.

Operation of a north carolina public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$129,346$83,282▼ $46,064
Prepaid Expenses and Deferred Charges$24,263$71,227▲ $46,964
Land, Buildings, and Equipment, Net$51,113$55,051▲ $3,938
Accounts Receivable$129,402$37,112▼ $92,290
Total Assets$334,124$246,672▼ $87,452
Liabilities
Unsecured Notes Loans Payable$401,500--
Deferred Revenue$30,311$132,869▲ $102,558
Other Liabilities$68,525--
Accounts Payable and Accrued Expenses$11,362$22,710▲ $11,348
Total Liabilities$511,698$155,579▼ $356,119
Net Assets / Fund Balance
Net Assets With Donor Restrictions$129,296--
Net Assets Without Donor Restrictions$-306,870$91,093▲ $397,963
Total Net Assets Fund Balance$-177,574$91,093▲ $268,667
Total Liabilities and Net Assets / Fund Balance$334,124$246,672▼ $87,452

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,311$128,917$165,228
Leasehold Improvements$18,740$2,626$21,366
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Kurt Pusch Non-votingHead of SchoFT$154,675$154,675
Kurt Pusch Non-votingHead of School-$154,675$154,675
Andrea Chalker Non VotingK-8 PrincipaFT$101,992$101,992
Lauren Bennett Non VotingHs PrincipalFT$73,199$73,199
Marie Smith Non VotingBusiness OffFT$69,382$69,382
Orlando Buck Non VotingMs RepresentFT$48,615$48,615
Jesse Lloyd Non VotingHs RepresentFT$43,726$43,726
Gretchen Kapity Non VotingK-5 RepresenFT$23,908$23,908

Board Members and Trustees

NameTitle
Ann BettyChairman
Betsy HelmsVice Chair
Edward ColeDirector
Elisabeth HoffmanDirector
Robin TannerDirector
Tim BoeveDirector
Travis BoswellDirector
Josh Crawford Non VotingFoundation C
Rob Hunter Non VotingFoundation V
Collins ZimmerSecretary
David BillingsleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,285,967
Program Service Revenue
$2,201,569
Investment Income
$0
Other Revenue
$25,912
All Other Contributions
$418,013
Change in Net Assets
$268,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,513,448
Total Revenue per Audited Statements
$3,513,448
Total Revenue per Form 990
$3,513,448
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,507,487
Other Expenses$737,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,558,165$356,882-$1,915,047
Fees for Services Other$167,730$83,372-$251,102
Other Employee Benefits$176,988$58,007-$234,995
Current Officers, Directors, Trustees, and Key Employees-$153,000-$153,000
Payroll Taxes$115,135$37,813-$152,948
Occupancy$92,361$8,405-$100,766
Information Technology$47,410$19,434-$66,844
Pension Plan Contributions$38,800$12,697-$51,497
Office Expenses$17,562$26,905-$44,467
Insurance-$33,974-$33,974
Conferences and Meetings$4,248$17,106-$21,354
Other Expenses$5,729$10,555-$16,284
All Other Expenses$3,281$11,980-$15,261
Depreciation Depletion$9,259$3,086-$12,345
Fees for Services Accounting-$7,750-$7,750
Advertising-$5,847-$5,847
Fees for Services Legal-$2,850-$2,850
Travel$56$875-$931
Total Functional Expenses$2,394,243$850,538$0$3,244,781

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,244,781
Total Expenses per Audited Statements$3,244,781
Total Expenses per Form 990$3,244,781
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Acadia northstar, llc accounting & business management”

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

“The board chair, head of school, and business officer review and approve the 990 before it is filed. A copy of the 990 is provided to all board members.”

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

“Board members are required to complete a conflict of interest form annually to disclose actual and potential conflicts of interest. The completed forms are reviewed by the executive committee, which attempts to resolve any actual or potential conflicts and, in the absence of resolution, refers the matter to the board of directors.”

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

“The board of directors approves compensation for the top management official (head of school). Compensation is based on comparability data and performance.”

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

“The only directors compensated are also employees of the school. The head of school is responsible for determining compensaton of key employees. Compensation is based on comparibility data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available for viewing by the public at the organization's office upon request. Board meetings are open to the public.”

Filing and Contact Details

Filer

Filer Name
Summit Charter School
EIN
56-1993257
Phone
8287435755
Address
370 MITTEN LN, CASHIERS, NC 28717

Signing Officer

Name
Kurt Pusch Non-voting
Title
Head of School
Phone
8287435755
Signed
2022-05-09

Organization Details

Principal Officer
Ann Betty
Formed
1997
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
59
Volunteers
9

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9FOUNDATION C
IRS990/Form990PartVIISectionAGrp/TitleTxt10FOUNDATION V
IRS990/Form990PartVIISectionAGrp/TitleTxt11HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt12K-8 PRINCIPA
IRS990/Form990PartVIISectionAGrp/TitleTxt13HS PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt14K-5 REPRESEN
IRS990/Form990PartVIISectionAGrp/TitleTxt15HS REPRESENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16MS REPRESENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17BUSINESS OFF
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0494642
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03513448
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt019434
IRS990/InformationTechnologyGrp/ProgramServicesAmt047410
IRS990/InformationTechnologyGrp/TotalAmt066844
IRS990/InsuranceGrp/ManagementAndGeneralAmt033974
IRS990/InsuranceGrp/TotalAmt033974
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0131543
IRS990/LandBldgEquipBasisNetGrp/BOYAmt051113
IRS990/LandBldgEquipBasisNetGrp/EOYAmt055051
IRS990/LandBldgEquipCostOrOtherBssAmt0186594
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-177574
IRS990/NetAssetsOrFundBalancesEOYAmt091093
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-306870
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt091093
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08405
IRS990/OccupancyGrp/ProgramServicesAmt092361
IRS990/OccupancyGrp/TotalAmt0100766
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026905
IRS990/OfficeExpensesGrp/ProgramServicesAmt017562
IRS990/OfficeExpensesGrp/TotalAmt044467
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt058007
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0176988
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0234995
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT PURCHASE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010555
IRS990/OtherExpensesGrp/ProgramServicesAmt090493
IRS990/OtherExpensesGrp/ProgramServicesAmt145573
IRS990/OtherExpensesGrp/ProgramServicesAmt221453
IRS990/OtherExpensesGrp/ProgramServicesAmt35729
IRS990/OtherExpensesGrp/TotalAmt090493
IRS990/OtherExpensesGrp/TotalAmt145573
IRS990/OtherExpensesGrp/TotalAmt221453
IRS990/OtherExpensesGrp/TotalAmt316284
IRS990/OtherLiabilitiesGrp/BOYAmt068525
IRS990/OtherRevenueMiscGrp/Desc0INCIDENTIAL RENTAL INCOME
IRS990/OtherRevenueMiscGrp/Desc1SALES & USE & FUEL TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc2VARIOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011050
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt110796
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24066
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110796
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24066
IRS990/OtherRevenueTotalAmt025912
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0356882
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01558165
IRS990/OtherSalariesAndWagesGrp/TotalAmt01915047
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037813
IRS990/PayrollTaxesGrp/ProgramServicesAmt0115135
IRS990/PayrollTaxesGrp/TotalAmt0152948
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012697
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt038800
IRS990/PensionPlanContributionsGrp/TotalAmt051497
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024263
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071227
IRS990/PrincipalOfficerNm0ANN BETTY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc1COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL PROGRAMS & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01677302
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1495217
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01677302
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1495217
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229050
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0526249
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0616791
IRS990/PYOtherRevenueAmt043961
IRS990/PYProgramServiceRevenueAmt02117575
IRS990/PYRevenuesLessExpensesAmt0-263765
IRS990/PYSalariesCompEmpBnftPaidAmt02334759
IRS990/PYTotalExpensesAmt02951550
IRS990/PYTotalRevenueAmt02687785
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0268667
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0373312
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02201569
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt036311
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128917
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0165228
IRS990ScheduleD/ExpensesSubtotalAmt03244781
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018740
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02626
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt021366
IRS990ScheduleD/RevenueSubtotalAmt03513448
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055051
IRS990ScheduleD/TotalExpensesPerForm990Amt03244781
IRS990ScheduleD/TotalRevenuePerForm990Amt03513448
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03513448
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03244781
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SUMMIT CHARTER IS A PUBLIC SCHOOL, CHARTERED AND FUNDED BY THE STATE OF NORTH CAROLINA. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATORY POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,672
Liabilities
$155,579
Net assets
$91,093
Revenue
$3,513,448
Expenses
$3,244,781
Net income
$268,667
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.42$0.18$0.24$4.60$4.53$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.76$0.59$0.17$4.24$4.22$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.13$0.14$4.00$4.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.05$0.16$3.78$3.72$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.16$0.09$3.51$3.24$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.51$0.18$2.69$2.95$0.26
2019Summary only. Only limited summary data is available for this year.$0.15$0.07$0.09$2.72$2.78$0.06
2018Summary only. Only limited summary data is available for this year.$0.18$0.03$0.15$2.45$2.38$0.07
2017Summary only. Only limited summary data is available for this year.$0.08$0.01$0.08$2.29$2.28$0.01
2016Summary only. Only limited summary data is available for this year.$0.08$0.01$0.07$1.95$1.96$0.01
2015Summary only. Only limited summary data is available for this year.$0.10$0.02$0.09$1.91$1.89$0.02
2014Summary only. Only limited summary data is available for this year.$0.08$0.01$0.07$1.85$1.92$0.07
2013Summary only. Only limited summary data is available for this year.$0.15$0.01$0.14$1.84$1.80$0.03
2012Summary only. Only limited summary data is available for this year.$0.12$0.01$0.10$1.81$1.85$0.04
2011Summary only. Only limited summary data is available for this year.$0.15$0.01$0.14$1.71$1.73$0.02