Civic Intelligence

Central Texas Summit Christian School System Inc.

990 • Fiscal year 2019 • EIN 74-2615140

Aug 01, 2018 to Jul 31, 2019 • Filed on Jul 07, 2020

2121 Cypress Creek RdCedar Park, TX 78613

(512) 250-1369

Siviq Scores

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

Liabilities / Assets

74th percentile

0.33x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.43x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

28th percentile

-4.3%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$141,673

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

23rd percentile

-3.7%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-4.4%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$4,201,730

Down $163,239 (-3.7%) from 2018

Net Assets

Down

$2,810,926

Down $138,950 (-4.7%) from 2018

Liabilities

Down

$1,390,804

Down $24,289 (-1.7%) from 2018

Revenue

Down

$3,228,891

Down $147,078 (-4.4%) from 2018

Expenses

Down

$3,367,841

Down $168,879 (-4.8%) from 2018

Net Income

Up

-$138,950

Up $21,801 (+14%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,535,459Liabilities 2011: $2,547,983Net Assets 2011: $4,987,4762011Assets 2012: $7,272,468Liabilities 2012: $2,556,440Net Assets 2012: $4,716,0282012Assets 2013: $4,941,246Liabilities 2013: $634,267Net Assets 2013: $4,306,9792013Assets 2014: $4,467,792Liabilities 2014: $857,594Net Assets 2014: $3,610,1982014Assets 2015: $4,714,605Liabilities 2015: $1,249,501Net Assets 2015: $3,465,1042015Assets 2016: $4,798,032Liabilities 2016: $1,497,601Net Assets 2016: $3,300,4312016Assets 2017: $4,554,488Liabilities 2017: $1,443,861Net Assets 2017: $3,110,6272017Assets 2018: $4,364,969Liabilities 2018: $1,415,093Net Assets 2018: $2,949,8762018Assets 2019: $4,201,730Liabilities 2019: $1,390,804Net Assets 2019: $2,810,9262019Assets 2020: $4,491,040Liabilities 2020: $1,812,773Net Assets 2020: $2,678,2672020Assets 2021: $4,731,657Liabilities 2021: $1,917,700Net Assets 2021: $2,813,9572021Assets 2022: $4,869,620Liabilities 2022: $1,604,537Net Assets 2022: $3,265,0832022Assets 2023: $4,713,842Liabilities 2023: $1,722,087Net Assets 2023: $2,991,7552023Assets 2024: $4,725,895Liabilities 2024: $1,802,573Net Assets 2024: $2,923,3222024

Highlighted filing

2019

Assets$4,201,730
Liabilities$1,390,804
Net Assets$2,810,926

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,300,982Expenses 2011: $3,588,446Net Income 2011: -$287,4642011Revenue 2012: $3,363,908Expenses 2012: $3,635,356Net Income 2012: -$271,4482012Revenue 2013: $3,336,390Expenses 2013: $3,745,439Net Income 2013: -$409,0492013Revenue 2014: $2,984,000Expenses 2014: $3,680,781Net Income 2014: -$696,7812014Revenue 2015: $3,470,429Expenses 2015: $3,615,523Net Income 2015: -$145,0942015Revenue 2016: $3,879,002Expenses 2016: $4,009,895Net Income 2016: -$130,8932016Revenue 2017: $3,556,366Expenses 2017: $3,746,170Net Income 2017: -$189,8042017Revenue 2018: $3,375,969Expenses 2018: $3,536,720Net Income 2018: -$160,7512018Revenue 2019: $3,228,891Expenses 2019: $3,367,841Net Income 2019: -$138,9502019Revenue 2020: $3,130,736Expenses 2020: $3,257,452Net Income 2020: -$126,7162020Revenue 2021: $3,450,711Expenses 2021: $3,315,021Net Income 2021: $135,6902021Revenue 2022: $4,232,536Expenses 2022: $3,781,410Net Income 2022: $451,1262022Revenue 2023: $3,649,621Expenses 2023: $3,900,991Net Income 2023: -$251,3702023Revenue 2024: $4,119,745Expenses 2024: $4,188,178Net Income 2024: -$68,4332024

Highlighted filing

2019

Revenue$3,228,891
Expenses$3,367,841
Net Income-$138,950
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jul 7, 2020
Return Version
2018v3.2
Gross Receipts
$3,263,260
Mission and Program Overview

Mission

Partners with families by providing quality academics, christian service education, and biblically integrated character development in order to equip students to impact their world.

Provide quality academics & christian service education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,833,511$3,720,095▼ $113,416
Cash and Non-Interest-Bearing Accounts$332,579$403,841▲ $71,262
Savings and Temporary Cash Investments$165,611$50,296▼ $115,315
Accounts Receivable$6,533$16,991▲ $10,458
Prepaid Expenses and Deferred Charges$23,327$7,450▼ $15,877
Inventories for Sale or Use$3,408$3,057▼ $351
Total Assets$4,364,969$4,201,730▼ $163,239
Liabilities
Deferred Revenue$742,671$726,649▼ $16,022
Mortgage Notes Payable Secured by Investment Property$651,657$624,259▼ $27,398
Accounts Payable and Accrued Expenses$20,765$39,896▲ $19,131
Total Liabilities$1,415,093$1,390,804▼ $24,289
Net Assets / Fund Balance
Unrestricted Net Assets$2,946,556$2,808,106▼ $138,450
Temporarily Rstr Net Assets$3,320$2,820▼ $500
Total Net Assets Fund Balance$2,949,876$2,810,926▼ $138,950
Total Liabilities and Net Assets / Fund Balance$4,364,969$4,201,730▼ $163,239

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,108,032$1,605,908$3,713,940
Land$1,517,081-$1,517,081
Other Land Buildings$94,982$1,217,331$1,312,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon DareHeadmaster (aug 18 - Nov 18)FT$126,481$15,192$141,673
Shelley JordanInterim Headmaster (nov 18 - May 19)FT$66,294$8,907$75,201
Deborah GuidryBusiness ManagerFT$69,385$3,600$72,985

Board Members and Trustees

NameTitle
Gary KidwellPresident
Robert PattersonVice President
Daphne ZunigaDirector
Scott MacleodDirector (aug 18 - May 19)
David SchnuckerDirector (aug 18 - Nov 18)
Scott MacleodHeadmaster (june 19 - July 19)
Jerry AndersonSecretary (aug 19 - May 19)
Vance FaulksSecretary (june 19 - July 19)
Revenue and Support

Revenue Composition

Contributions and Grants
$113,751
Program Service Revenue
$3,034,371
Investment Income
$9,498
Other Revenue
$71,271
All Other Contributions
$43,742
Change in Net Assets
$-138,950
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,076,443
Other Expenses$1,004,183
Grants and Similar Amounts Paid$287,215
Total Fundraising Expense$37,283
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,280,797$309,723$23,217$1,613,737
Grants to Domestic Individuals$287,215--$287,215
Current Officers, Directors, Trustees, and Key Employees$203,124$49,090$3,682$255,896
Occupancy$139,527$33,583$2,527$175,637
Depreciation Depletion$119,494$28,761$2,166$150,421
Payroll Taxes$110,366$26,563$2,001$138,930
Office Expenses$68,883$38,126$1,193$108,202
Other Employee Benefits$53,940$12,963$977$67,880
Insurance$38,402$9,243$696$48,341
Information Technology-$45,226-$45,226
Advertising$24,355$5,862$441$30,658
Interest$21,152$5,091$383$26,626
All Other Expenses$15,692$4,231-$19,923
Fees for Services Accounting-$16,180-$16,180
Fees for Services Other$12,694--$12,694
Travel$11,884--$11,884
Other Expenses$17,286$11,841-$11,841
Total Functional Expenses$2,734,075$596,483$37,283$3,367,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,548
Fundraising Gross Income$22,118
Gaming Gross Income$1,641
Gaming Direct Expenses$821
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Eagle Bucks$15,458$15,458$15,220$238
Legacy Banquet$53,126$2,681$1,105$1,576
Total Events$92,127$22,118$33,548$-11,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Amy MacleodFamily Member of Scott Macleod, a Former Director of the OrginizationCompensation Payment for the Performance of ServicesNo$23,367
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has four classes of members: associate, junior board, full board members, and honorary. Associate members are employees and/or any individuals who have agreeed to pay the tuition of one or more students. Jr. Board members are individuals whose application was approved for membership by the board of directors and whose membership is in good standing. Honorary members are elected to membership by distinguishing themselves with meritorious service in the furtherance of the school's ideals. All membership is approved by the board.

Form 990, Part VI, Section A, Line 7A

The board of directors is selected from the junior board members of the school by the board of directors. Election for vacant positions on the board is held annually.

Form 990, Part VI, Section A, Line 7B

Jr. Board members may vote on the final budget and other matters brought up at the semi-annual and special meetings of the school.

Form 990, Part VI, Section B, Line 11B

The tax return was reviewed by the headmaster and business manager with the preparing cpa. The tax return was then sent to the board of directors prior to being filed with the internal revenue service.

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

The policy outlines the proper steps to be taken by a board member wanting to render goods/services for the school to ensure that pricing is fair, and in the best interest of the school. Situations where there might be a conflict are to be submitted to the entire board in writing, reviewed, and voted upon.

Form 990, Part VI, Section B, Line 15A

Compensation of all employees, with the exception of the school headmaster, is modified from time to time by the school headmaster to be consistent with the school's budget. The headmaster's compensation is reveiwed at least annually by the board of directors and set accordingly. Board members of the school are not compensated, although the school may pay reasonable compensation for service rendered.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Central Texas Summit Christian School
EIN
74-2615140
Phone
5122501369
Address
2121 CYPRESS CREEK RD, CEDAR PARK, TX 78613
Doing Business As
Summit Christian Academy

Signing Officer

Name
Gary Kidwell
Title
President
Phone
5122501369
Signed
2020-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Kidwell
Formed
2003
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
69
Volunteers
85

Preparer

Firm
Reynolds & Franke Pc
Address
6850 AUSTIN CENTER BLVD SUITE 100, AUSTIN, TX 78731
Preparer
Ronald H Reynolds
Phone
5122063141
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The most significant tax positions of the academy are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business income tax (ubit). Management has determined that the academy had no activity subject to ubit during the fiscal year ended july 31, 2019. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY (JUNE 19 - JULY 19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY (AUG 19 - MAY 19)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (AUG 18 - NOV 18)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (AUG 18 - MAY 19)
IRS990/Form990PartVIISectionAGrp/TitleTxt7HEADMASTER (AUG 18 - NOV 18)
IRS990/Form990PartVIISectionAGrp/TitleTxt8BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt9INTERIM HEADMASTER (NOV 18 - MAY 19)
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEADMASTER (JUNE 19 - JULY 19)
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IRS990/InformationTechnologyGrp/TotalAmt045226
IRS990/InsuranceGrp/FundraisingAmt0696
IRS990/InsuranceGrp/ManagementAndGeneralAmt09243
IRS990/InsuranceGrp/ProgramServicesAmt038402
IRS990/InsuranceGrp/TotalAmt048341
IRS990/InterestGrp/FundraisingAmt0383
IRS990/InterestGrp/ManagementAndGeneralAmt05091
IRS990/InterestGrp/ProgramServicesAmt021152
IRS990/InterestGrp/TotalAmt026626
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03408
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03057
IRS990/InvestmentIncomeGrp/ExclusionAmt05028
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05028
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02823239
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03833511
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03720095
IRS990/LandBldgEquipCostOrOtherBssAmt06543334
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PARTNERS WITH FAMILIES BY PROVIDING QUALITY ACADEMICS, CHRISTIAN SERVICE EDUCATION, AND BIBLICALLY INTEGRATED CHARACTER DEVELOPMENT IN ORDER TO EQUIP STUDENTS TO IMPACT THEIR WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0651657
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0624259
IRS990/NetAssetsOrFundBalancesBOYAmt02949876
IRS990/NetAssetsOrFundBalancesEOYAmt02810926
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04470
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04470
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-11430
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-11430
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt0820
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0820
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt042296
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036920
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt079216
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02527
IRS990/OccupancyGrp/ManagementAndGeneralAmt033583
IRS990/OccupancyGrp/ProgramServicesAmt0139527
IRS990/OccupancyGrp/TotalAmt0175637
IRS990/OfficeExpensesGrp/FundraisingAmt01193
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038126
IRS990/OfficeExpensesGrp/ProgramServicesAmt068883
IRS990/OfficeExpensesGrp/TotalAmt0108202
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0977
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012963
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053940
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067880
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1CAFETERIA
IRS990/OtherExpensesGrp/Desc2CURRICULUM
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011841
IRS990/OtherExpensesGrp/ProgramServicesAmt0251285
IRS990/OtherExpensesGrp/ProgramServicesAmt177979
IRS990/OtherExpensesGrp/ProgramServicesAmt217286
IRS990/OtherExpensesGrp/TotalAmt0251285
IRS990/OtherExpensesGrp/TotalAmt177979
IRS990/OtherExpensesGrp/TotalAmt217286
IRS990/OtherExpensesGrp/TotalAmt311841
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc2TRANSCRIPT FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01378
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1247
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt220
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01378
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1247
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt220
IRS990/OtherRevenueTotalAmt01645
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023217
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0309723
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01280797
IRS990/OtherSalariesAndWagesGrp/TotalAmt01613737
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02001
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026563
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110366
IRS990/PayrollTaxesGrp/TotalAmt0138930
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023327
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07450
IRS990/PrincipalOfficerNm0GARY KIDWELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CAFETERIA INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02602525
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1278710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2153136
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02602525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1278710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2153136
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0104327
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0268944
IRS990/PYInvestmentIncomeAmt06640
IRS990/PYOtherExpensesAmt01027493
IRS990/PYOtherRevenueAmt068332
IRS990/PYProgramServiceRevenueAmt03196670
IRS990/PYRevenuesLessExpensesAmt0-160751
IRS990/PYSalariesCompEmpBnftPaidAmt02240283
IRS990/PYTotalExpensesAmt03536720
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03375969
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-138950
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt079216
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03073756
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01020
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01020
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0165611
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050296
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02108032
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01605908
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03713940
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01517081
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01517081
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt094982
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01217331
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01312313
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MOST SIGNIFICANT TAX POSITIONS OF THE ACADEMY ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT THE ACADEMY HAD NO ACTIVITY SUBJECT TO UBIT DURING THE FISCAL YEAR ENDED JULY 31, 2019. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03720095
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHES NONDISCRIMINATORY POLICY IN CATALOGUES, BROCHURES, AND OTHER WRITTEN COMMUNICATIONS WITH THE PUBLIC.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SUMMIT CHRISTIAN ACADEMY PARTICIPATED IN AND RECEIVED TITLE II FUNDS FOR THE PROFESSIONAL DEVELOPMENT OF TEACHERS AND STAFF, AND RECEIVED $1,524.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt070009
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt050445
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt019564
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033548
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LEGACY BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0EAGLE BUCKS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.73$1.80$2.92$4.12$4.19$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.71$1.72$2.99$3.65$3.90$0.25
2022Detailed filing. Detailed filing data is available for this year.$4.87$1.60$3.27$4.23$3.78$0.45
2021Detailed filing. Detailed filing data is available for this year.$4.73$1.92$2.81$3.45$3.32$0.14
2020Detailed filing. Detailed filing data is available for this year.$4.49$1.81$2.68$3.13$3.26$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.20$1.39$2.81$3.23$3.37$0.14
2018Detailed filing. Detailed filing data is available for this year.$4.36$1.42$2.95$3.38$3.54$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.55$1.44$3.11$3.56$3.75$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.80$1.50$3.30$3.88$4.01$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.71$1.25$3.47$3.47$3.62$0.15
2014Detailed filing. Detailed filing data is available for this year.$4.47$0.86$3.61$2.98$3.68$0.70
2013Summary only. Only limited summary data is available for this year.$4.94$0.63$4.31$3.34$3.75$0.41
2012Summary only. Only limited summary data is available for this year.$7.27$2.56$4.72$3.36$3.64$0.27
2011Summary only. Only limited summary data is available for this year.$7.54$2.55$4.99$3.30$3.59$0.29