Civic Intelligence

Summit Academy Community School - Cincinnati

990 • Fiscal year 2015 • EIN 73-1685336

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2016

Organization ProfileSUMMITACADEMIES.COM
2791 Mogadore RoadAkron, OH 44312

(330) 670-8470

Siviq Scores

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

Liabilities / Assets

100th percentile

7.35x

Higher debt load relative to assets than 100% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

1.33x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

89th percentile

$196,283

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

97th percentile

150%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$434,268

Up $260,347 (+150%) from 2014

Net Assets

Down

-$2,759,143

Down $2,759,143 from 2014

Liabilities

Up

$3,193,411

Up $3,019,490 (+1736%) from 2014

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin45th percentile

Revenue

Up

$2,392,793

Up $219,944 (+10%) from 2014

Expenses

Up

$2,363,850

Up $191,001 (+8.8%) from 2014

Net Income

Up

$28,943

Up $28,943 from 2014

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $101,488Liabilities 2010: $101,488Net Assets 2010: $02010Assets 2011: $29,349Liabilities 2011: $29,349Net Assets 2011: $02011Assets 2012: $130,267Liabilities 2012: $130,267Net Assets 2012: $02012Assets 2013: $171,726Liabilities 2013: $171,726Net Assets 2013: $02013Assets 2014: $173,921Liabilities 2014: $173,921Net Assets 2014: $02014Assets 2015: $434,268Liabilities 2015: $3,193,411Net Assets 2015: -$2,759,1432015Assets 2016: $496,179Liabilities 2016: $3,230,934Net Assets 2016: -$2,734,7552016Assets 2017: $996,662Liabilities 2017: $4,098,289Net Assets 2017: -$3,101,6272017Assets 2018: $1,113,981Liabilities 2018: $3,870,297Net Assets 2018: -$2,756,3162018Assets 2019: $1,058,750Liabilities 2019: $3,474,962Net Assets 2019: -$2,416,2122019Assets 2020: $1,003,780Liabilities 2020: $3,314,758Net Assets 2020: -$2,310,9782020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$434,268
Liabilities$3,193,411
Net Assets-$2,759,143
Open 2015 Filing

Operations Trend

Revenue Growth64th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,452,4582010Expenses 2011: $1,418,6942011Expenses 2012: $1,986,7902012Expenses 2013: $2,140,7042013Revenue 2014: $2,172,849Expenses 2014: $2,172,849Net Income 2014: $02014Revenue 2015: $2,392,793Expenses 2015: $2,363,850Net Income 2015: $28,9432015Revenue 2016: $2,131,748Expenses 2016: $2,107,360Net Income 2016: $24,3882016Revenue 2017: $2,146,639Expenses 2017: $2,275,382Net Income 2017: -$128,7432017Revenue 2018: $2,042,486Expenses 2018: $951,727Net Income 2018: $1,090,7592018Revenue 2019: $2,391,884Expenses 2019: $2,051,780Net Income 2019: $340,1042019Revenue 2020: $2,257,211Expenses 2020: $2,151,977Net Income 2020: $105,2342020Revenue 2021: $1,893,240Expenses 2021: $1,893,240Net Income 2021: $02021Revenue 2022: $2,491,553Expenses 2022: $2,491,553Net Income 2022: $02022Revenue 2023: $2,079,037Expenses 2023: $2,079,037Net Income 2023: $02023Revenue 2024: $2,125,152Expenses 2024: $2,125,152Net Income 2024: $02024

Highlighted filing

2015

Revenue$2,392,793
Expenses$2,363,850
Net Income$28,943
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$2,392,793
Mission and Program Overview

Mission

Summit academy schools build hope, success & well-being through advocacy & education for children with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$173,921$235,642▲ $61,721
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-2,759,143▼ $2,759,143
Total Assets$173,921$434,268▲ $260,347
Other Assets Total$0$198,626▲ $198,626
Liabilities
Other Liabilities$0$2,957,769▲ $2,957,769
Accounts Payable and Accrued Expenses$173,921$235,642▲ $61,721
Total Liabilities$173,921$3,193,411▲ $3,019,490
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-2,759,143▼ $2,759,143
Total Liabilities and Net Assets / Fund Balance$173,921$434,268▲ $260,347

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$198,626--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Stephanie AtayaCFOFT$134,082$134,082
Jeffrey AndersonBoard Member-$750$750
Cheryl LeeBoard Member-$625$625
Melissa CutterBoard Member-$625$625
Walter HenryBoard Member-$625$625
Pamela KingBoard Member-$500$500

Board Members and Trustees

NameTitle
Gerald R HorakCEO
Debra SkulChief of Academics
James BosticExec VP
Revenue and Support

Revenue Composition

Contributions and Grants
$2,296,491
Program Service Revenue
$92,999
Investment Income
$0
Other Revenue
$3,303
Change in Net Assets
$28,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,392,793
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,392,793
Total Revenue per Form 990
$2,392,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,363,850
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$2,032,735$330,910-$2,363,645
Other Expenses$205--$205
Total Functional Expenses$2,032,940$330,910$0$2,363,850

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,363,850
Total Expenses per Audited Statements$2,363,850
Total Expenses per Form 990$2,363,850
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$2,500,827
Deferred Inflows of Resources - Pension$456,942
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“In exchange for 100% of all school revenue, summit academy management (sam) is responsible for all costs and most day-to-day decisions associated with operating the school. Such costs and decision areas include, but are not limited to: personnel (all teaching and administrative personnel are employees of sam); insurance; pension and retirement benefits; curriculum materials, textbooks, computers and other equipment, software, and supplies; as well as utilities, janitorial services, legal and financial management services. Sam is also responsible for providing and maintaining the school's educational facility.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11

“The completed form 990 and related schedules are reviewed by the treasurer of summit academy management. After electronic submission to the irs, the treasurer will notify the board members the return will be available upon request.”

Form 990, Part VI, Section B, Line 12C

“Annual completion of conflict of interest form.”

Form 990, Part VI, Section C, Line 19

“The organization will make its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Summit Academy Community School -
EIN
73-1685336
Phone
3306708470
Address
2791 MOGADORE ROAD, AKRON, OH 44312

Signing Officer

Name
John Guyer
Title
CEO
Phone
3306708470
Signed
2016-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Guyer
Formed
2003
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
2

Preparer

Firm
Bruner Cox Llp
Address
388 S MAIN STREET SUITE 403, AKRON, OH 44311
Preparer
Lisa M Hilling
Phone
3303760100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The selection process and the oversight process has not changed from last year.”

FORM 990, PART XI, LINE 8:

“The prior period adjustment is a result of a 2014 financial statement restatement due to the implementation of gasb 68 - accounting and financial reporting for pensions.”

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IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SUMMIT ACADEMY'S NONDISCRIMINATION POLICY APPEARS ON ALL WRITTEN MARKETING AND PROMOTIONAL MATERIALS, AS WELL AS APPEARING AT THE BOTTOM OF THE COMPANY'S WEB-SITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT AWARD SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES BASIC AID FROM THE STATE OF OHIO, AS WELL AS ADDITIONAL ASSISTANCE FOR SPECIAL EDUCATION STUDENTS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0119729
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1117440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2147409
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt032000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt130250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt238625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18502
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt210249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMES BOSTIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DEBRA SKUL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GERALD R HORAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC VP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OF ACADEMICS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0164633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1156192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2196283
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN EXCHANGE FOR 100% OF ALL SCHOOL REVENUE, SUMMIT ACADEMY MANAGEMENT (SAM) IS RESPONSIBLE FOR ALL COSTS AND MOST DAY-TO-DAY DECISIONS ASSOCIATED WITH OPERATING THE SCHOOL. SUCH COSTS AND DECISION AREAS INCLUDE, BUT ARE NOT LIMITED TO: PERSONNEL (ALL TEACHING AND ADMINISTRATIVE PERSONNEL ARE EMPLOYEES OF SAM); INSURANCE; PENSION AND RETIREMENT BENEFITS; CURRICULUM MATERIALS, TEXTBOOKS, COMPUTERS AND OTHER EQUIPMENT, SOFTWARE, AND SUPPLIES; AS WELL AS UTILITIES, JANITORIAL SERVICES, LEGAL AND FINANCIAL MANAGEMENT SERVICES. SAM IS ALSO RESPONSIBLE FOR PROVIDING AND MAINTAINING THE SCHOOL'S EDUCATIONAL FACILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY THE TREASURER OF SUMMIT ACADEMY MANAGEMENT. AFTER ELECTRONIC SUBMISSION TO THE IRS, THE TREASURER WILL NOTIFY THE BOARD MEMBERS THE RETURN WILL BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL COMPLETION OF CONFLICT OF INTEREST FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SELECTION PROCESS AND THE OVERSIGHT PROCESS HAS NOT CHANGED FROM LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PRIOR PERIOD ADJUSTMENT IS A RESULT OF A 2014 FINANCIAL STATEMENT RESTATEMENT DUE TO THE IMPLEMENTATION OF GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 8:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SUMMIT ACADEMY MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341938197
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02791 MOGADORE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AKRON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044312
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02363645
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SUMMIT ACADEMY MANAGEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0173921
IRS990/TotalAssetsEOYAmt0434268
IRS990/TotalAssetsGrp/BOYAmt0173921
IRS990/TotalAssetsGrp/EOYAmt0434268
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02296491
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$434,268
Liabilities
$3,193,411
Net assets
-$2,759,143
Revenue
$2,392,793
Expenses
$2,363,850
Net income
$28,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.13$2.13$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.08$2.08$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.49$2.49$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.89$1.89$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.00$3.31$2.31$2.26$2.15$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.06$3.47$2.42$2.39$2.05$0.34
2018Detailed filing. Detailed filing data is available for this year.$1.11$3.87$2.76$2.04$0.95$1.09
2017Detailed filing. Detailed filing data is available for this year.$1.00$4.10$3.10$2.15$2.28$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.50$3.23$2.73$2.13$2.11$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.43$3.19$2.76$2.39$2.36$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.00$2.17$2.17$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.17$0.00$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.13$0.00$1.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.00$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$0.00$1.45