Civic Intelligence

Summit Charter School Foundation Inc.

990 • Fiscal year 2013 • EIN 56-2039872

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 12, 2014

Organization ProfileN/A
PO Box 249328717

(828) 743-9630

Siviq Scores

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

Liabilities / Assets

45th percentile

0.22x

Higher debt load relative to assets than 45% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

2.94x

Higher debt load relative to revenue than 96% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Source year 2013

Net Margin

13th percentile

-9.6%

Higher net margin than 13% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

28th percentile

-1.4%

Faster asset growth than 28% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

4th percentile

-45%

Faster revenue growth than 4% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$6,513,034

Down $91,342 (-1.4%) from 2012

Net Assets

Down

$5,105,255

Down $45,825 (-0.9%) from 2012

Liabilities

Down

$1,407,779

Down $45,517 (-3.1%) from 2012

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin13th percentile

Revenue

$479,005

No earlier filing loaded for comparison.

Expenses

Down

$524,830

Down $29,307 (-5.3%) from 2012

Net Income

-$45,825

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $6,901,687Liabilities 2010: $2,401,927Net Assets 2010: $4,499,7602010Assets 2011: $6,769,041Liabilities 2011: $1,588,938Net Assets 2011: $5,180,1032011Assets 2012: $6,604,376Liabilities 2012: $1,453,296Net Assets 2012: $5,151,0802012Assets 2013: $6,513,034Liabilities 2013: $1,407,779Net Assets 2013: $5,105,2552013Assets 2014: $6,628,736Liabilities 2014: $1,431,249Net Assets 2014: $5,197,4872014Assets 2015: $6,483,097Liabilities 2015: $1,329,113Net Assets 2015: $5,153,9842015Assets 2016: $6,418,131Liabilities 2016: $1,274,176Net Assets 2016: $5,143,9552016Assets 2017: $9,377,843Liabilities 2017: $0Net Assets 2017: $9,377,8432017Assets 2018: $10,838,556Liabilities 2018: $0Net Assets 2018: $10,838,5562018Assets 2019: $11,074,301Liabilities 2019: $0Net Assets 2019: $11,074,3012019Assets 2020: $11,158,589Liabilities 2020: $0Net Assets 2020: $11,158,5892020Assets 2021: $10,882,277Liabilities 2021: $1,845Net Assets 2021: $10,880,4322021Assets 2022: $10,743,475Liabilities 2022: $2,399Net Assets 2022: $10,741,0762022Assets 2023: $19,481,904Liabilities 2023: $5,724,489Net Assets 2023: $13,757,4152023Assets 2024: $18,339,201Liabilities 2024: $1,534,570Net Assets 2024: $16,804,6312024

Highlighted filing

2013

Assets$6,513,034
Liabilities$1,407,779
Net Assets$5,105,255
Open 2013 Filing

Operations Trend

Revenue Growth4th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $573,3992010Revenue 2011: $1,606,225Expenses 2011: $569,517Net Income 2011: $1,036,7082011Expenses 2012: $554,1372012Revenue 2013: $479,005Expenses 2013: $524,830Net Income 2013: -$45,8252013Revenue 2014: $719,796Expenses 2014: $617,094Net Income 2014: $102,7022014Revenue 2015: $258,769Expenses 2015: $303,541Net Income 2015: -$44,7722015Revenue 2016: $590,482Expenses 2016: $608,433Net Income 2016: -$17,9512016Revenue 2017: $4,708,984Expenses 2017: $512,003Net Income 2017: $4,196,9812017Revenue 2018: $2,013,340Expenses 2018: $594,495Net Income 2018: $1,418,8452018Revenue 2019: $1,008,044Expenses 2019: $702,438Net Income 2019: $305,6062019Revenue 2020: $703,732Expenses 2020: $609,829Net Income 2020: $93,9032020Revenue 2021: $728,486Expenses 2021: $907,206Net Income 2021: -$178,7202021Revenue 2022: $951,435Expenses 2022: $1,019,212Net Income 2022: -$67,7772022Revenue 2023: $4,145,327Expenses 2023: $1,149,750Net Income 2023: $2,995,5772023Revenue 2024: $4,227,148Expenses 2024: $1,223,574Net Income 2024: $3,003,5742024

Highlighted filing

2013

Revenue$479,005
Expenses$524,830
Net Income-$45,825
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 12, 2014
Return Version
2013v3.1
Gross Receipts
$566,014
Mission and Program Overview

Mission

Support organization-school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,763,192$5,990,241▲ $227,049
Rtn Earn Endowment Incm Other Fnds$4,759,099$4,713,274▼ $45,825
Savings and Temporary Cash Investments$500,000$413,560▼ $86,440
Cap Stk Tr Prin Current Funds$391,981$391,981→ $0
Cash and Non-Interest-Bearing Accounts$311,073$108,642▼ $202,431
Investments Other Securities$14,148--
Total Assets$6,604,376$6,513,034▼ $91,342
Other Assets Total$15,963$591▼ $15,372
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,452,486$1,407,589▼ $44,897
Other Liabilities$810$190▼ $620
Total Liabilities$1,453,296$1,407,779▼ $45,517
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,151,080$5,105,255▼ $45,825
Total Liabilities and Net Assets / Fund Balance$6,604,376$6,513,034▼ $91,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,921,800$1,195,884$6,117,684
Land$987,910-$987,910
Equipment$11,667$226,449$238,116
Other Land Buildings$68,864$84,953$153,817
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Shannon HargrovePresident
Amy CorcellBoard Member
Anne MorganBoard Member
Bonnie FoxworthBoard Member
Harry ThompsonBoard Member
John MarshallBoard Member
Linda QuickBoard Member
Wes StoneBoard Member
Jack TalmadgeDirector
Suzanne BloomSecretary
Pat CarltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$299,832
Program Service Revenue
$0
Investment Income
$1,597
Other Revenue
$177,576
All Other Contributions
$299,832
Change in Net Assets
$-45,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$323,230
Grants and Similar Amounts Paid$201,600
Total Fundraising Expense$51,565
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$201,600--$201,600
Depreciation Depletion$186,843--$186,843
Interest$53,147--$53,147
Fees for Services Legal-$4,160-$4,160
Insurance$3,234--$3,234
Other Expenses-$2,794$1,695$1,695
Office Expenses-$1,320$83$1,403
Advertising--$1,384$1,384
Fees for Services Accounting-$1,200-$1,200
All Other Expenses$452$715-$1,167
Total Functional Expenses$445,276$27,989$51,565$524,830
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
56-1993257-3-$201,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$183,335
Fundraising Direct Expenses$87,009
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$121,265$121,265$47,292$73,973
Event 2$62,070$62,070$3,699$58,371
Total Events$183,335$183,335$87,009$96,326
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ucb Credit Card$190
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“Form 990 is initially drafted by a paid preparer based on the organization's financial data for the year. It is then reviewed by one or more officers and appropriately revised and completed prior to filing.”

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

“Conflicts of interest policy and concerns are reviewed as they arise in our board of directors meetings. All concerns have been resolved.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, etc, available to the public”

Filing and Contact Details

Filer

EIN
56-2039872
Phone
8287439630

Signing Officer

Name
Pat Carlton
Title
Treasurer
Phone
8287439630
Signed
2014-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Carlton
Formed
1997
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
125

Preparer

Preparer
Crystal Z Goldsmith CPA
Phone
8282813161
Raw XML AppendixShowing 400 of 415 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SUPPORT ORGANIZATION-SCHOOL
IRS990/AdvertisingGrp/FundraisingAmt01384
IRS990/AdvertisingGrp/TotalAmt01384
IRS990/AllOtherContributionsAmt0299832
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0715
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0452
IRS990/AllOtherExpensesGrp/TotalAmt01167
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0PAT CARLTON
IRS990/BooksInCareOfDetail/PhoneNum08285066418
IRS990/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 1605
IRS990/BooksInCareOfDetail/USAddress/City0CASHIERS
IRS990/BooksInCareOfDetail/USAddress/State0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode028717
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0391981
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0391981
IRS990/CashNonInterestBearingGrp/BOYAmt0311073
IRS990/CashNonInterestBearingGrp/EOYAmt0108642
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0299832
IRS990/CYGrantsAndSimilarPaidAmt0201600
IRS990/CYInvestmentIncomeAmt01597
IRS990/CYOtherExpensesAmt0323230
IRS990/CYOtherRevenueAmt0177576
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-45825
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0524830
IRS990/CYTotalFundraisingExpenseAmt051565
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0479005
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0186843
IRS990/DepreciationDepletionGrp/TotalAmt0186843
IRS990/Desc0SUPPORT FOR CHARTER SCHOOL. THE ORGANIZATION RAISED MONEY TO PURCHASE THE BUILDING, FURNISHINGS AND EQUIPMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0445276
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01200
IRS990/FeesForServicesAccountingGrp/TotalAmt01200
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04160
IRS990/FeesForServicesLegalGrp/TotalAmt04160
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0SHANNON HARGROVE
IRS990/Form990PartVIISectionAGrp/PersonNm1SUZANNE BLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm2AMY CORCELL
IRS990/Form990PartVIISectionAGrp/PersonNm3JACK TALMADGE
IRS990/Form990PartVIISectionAGrp/PersonNm4BONNIE FOXWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm5PAT CARLTON
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm7ANNE MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm8HARRY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm9LINDA QUICK
IRS990/Form990PartVIISectionAGrp/PersonNm10WES STONE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt087009
IRS990/FundraisingGrossIncomeAmt0183335
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0201600
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0201600
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0201600
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0566014
IRS990/GrossRentsGrp/RealAmt081250
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03234
IRS990/InsuranceGrp/TotalAmt03234
IRS990/InterestGrp/ProgramServicesAmt053147
IRS990/InterestGrp/TotalAmt053147
IRS990/InvestmentIncomeGrp/ExclusionAmt01597
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01597
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt014148
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01507286
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05763192
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05990241
IRS990/LandBldgEquipCostOrOtherBssAmt07497527
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT ORGANIZATION-SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01452486
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01407589
IRS990/NetAssetsOrFundBalancesBOYAmt05151080
IRS990/NetAssetsOrFundBalancesEOYAmt05105255
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt096326
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt096326
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt081250
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt081250
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt08216
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt083
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01320
IRS990/OfficeExpensesGrp/TotalAmt01403
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015963
IRS990/OtherAssetsTotalGrp/EOYAmt0591
IRS990/OtherExpensesGrp/Desc0FUNDRAISING
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2PREPLANNING EXPENSE
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt048403
IRS990/OtherExpensesGrp/FundraisingAmt11695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12794
IRS990/OtherExpensesGrp/TotalAmt048403
IRS990/OtherExpensesGrp/TotalAmt117800
IRS990/OtherExpensesGrp/TotalAmt22794
IRS990/OtherExpensesGrp/TotalAmt31695
IRS990/OtherLiabilitiesGrp/BOYAmt0810
IRS990/OtherLiabilitiesGrp/EOYAmt0190
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAT CARLTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0439851
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0147400
IRS990/PYInvestmentIncomeAmt03063
IRS990/PYOtherExpensesAmt0406737
IRS990/PYOtherRevenueAmt082200
IRS990/PYRevenuesLessExpensesAmt0-29023
IRS990/PYTotalExpensesAmt0554137
IRS990/PYTotalRevenueAmt0525114
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-45825
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt081250
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04759099
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04713274
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0413560
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd0false
IRS990ScheduleA/ContributionControllerInd0false
IRS990ScheduleA/ContributionFamilyInd0false
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0561993257
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0201600
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10SUMMIT CHARTER SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0true
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0201600
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/BuildingsGrp/BookValueAmt04921800
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01195884
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06117684
IRS990ScheduleD/EquipmentGrp/BookValueAmt011667
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0226449
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0238116
IRS990ScheduleD/LandGrp/BookValueAmt0987910
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0987910
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt068864
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt084953
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0153817
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UCB CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05990241
IRS990ScheduleD/TotalLiabilityAmt0190
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt087009
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02700
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09389
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt08328
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017717
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0121265
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt062070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0183335
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0121265
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt062070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0183335
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0TASTE OF PLATEA
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt096326
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt050991
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt047292
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03699
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt015601
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt015601
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0201600
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10SUMMIT CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0561993257
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10PO BOX 2493
IRS990ScheduleI/RecipientTable/USAddress/City0CASHIERS
IRS990ScheduleI/RecipientTable/USAddress/State0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode028717
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS INITIALLY DRAFTED BY A PAID PREPARER BASED ON THE ORGANIZATION'S FINANCIAL DATA FOR THE YEAR. IT IS THEN REVIEWED BY ONE OR MORE OFFICERS AND APPROPRIATELY REVISED AND COMPLETED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST POLICY AND CONCERNS ARE REVIEWED AS THEY ARISE IN OUR BOARD OF DIRECTORS MEETINGS. ALL CONCERNS HAVE BEEN RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, ETC, AVAILABLE TO THE PUBLIC
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 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06604376
IRS990/TotalAssetsEOYAmt06513034
IRS990/TotalAssetsGrp/BOYAmt06604376
IRS990/TotalAssetsGrp/EOYAmt06513034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0299832
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt051565
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027989
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0445276
IRS990/TotalFunctionalExpensesGrp/TotalAmt0524830
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01453296
IRS990/TotalLiabilitiesEOYAmt01407779
IRS990/TotalLiabilitiesGrp/BOYAmt01453296
IRS990/TotalLiabilitiesGrp/EOYAmt01407779
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05151080
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05105255
IRS990/TotalProgramServiceExpensesAmt0445276
IRS990/TotalRevenueGrp/ExclusionAmt097923
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0479005
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06604376
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06513034
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 2493
IRS990/USAddress/City0CASHIERS
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode028717
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAT CARLTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08287439630
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10SUMMIT CHARTER SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0562039872
ReturnHeader/Filer/PhoneNum08287439630
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 2493
ReturnHeader/Filer/USAddress/City0CASHIERS
ReturnHeader/Filer/USAddress/State0NC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,513,034
Liabilities
$1,407,779
Net assets
$5,105,255
Revenue
$479,005
Expenses
$524,830
Net income
-$45,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.3$1.53$16.8$4.23$1.22$3.00
2023Detailed filing. Detailed filing data is available for this year.$19.5$5.72$13.8$4.15$1.15$3.00
2022Detailed filing. Detailed filing data is available for this year.$10.7$0.00$10.7$0.95$1.02$0.07
2021Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$0.73$0.91$0.18
2020Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$0.70$0.61$0.09
2019Detailed filing. Detailed filing data is available for this year.$11.1$0.00$11.1$1.01$0.70$0.31
2018Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$2.01$0.59$1.42
2017Detailed filing. Detailed filing data is available for this year.$9.38$0.00$9.38$4.71$0.51$4.20
2016Detailed filing. Detailed filing data is available for this year.$6.42$1.27$5.14$0.59$0.61$0.02
2015Summary only. Only limited summary data is available for this year.$6.48$1.33$5.15$0.26$0.30$0.04
2014Detailed filing. Detailed filing data is available for this year.$6.63$1.43$5.20$0.72$0.62$0.10
2013Detailed filing. Detailed filing data is available for this year.$6.51$1.41$5.11$0.48$0.52$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$1.45$5.15$0.55
2011Summary only. Only limited summary data is available for this year.$6.77$1.59$5.18$1.61$0.57$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$2.40$4.50$0.57