Civic Intelligence

Summit Academy Inc

990 • Fiscal year 2019 • EIN 76-0845512

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 23, 2020

Organization ProfileWWW.SUMMITACADEMIESMA.COM
15 Jamesbury DriveWorcester, MA 01609

(508) 751-8500

Siviq Scores

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

Liabilities / Assets

99th percentile

2.60x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.36x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

25th percentile

-6.6%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

61st percentile

$85,239

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

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

Asset Growth

93rd percentile

68%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$257,157

Up $104,273 (+68%) from 2018

Net Assets

Down

-$411,369

Down $123,584 (-43%) from 2018

Liabilities

Up

$668,526

Up $227,857 (+52%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin25th percentile

Revenue

Up

$1,864,612

Up $173,945 (+10%) from 2018

Expenses

Up

$1,988,196

Up $161,238 (+8.8%) from 2018

Net Income

Up

-$123,584

Up $12,707 (+9.3%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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 2011: $67,227Liabilities 2011: $178,217Net Assets 2011: -$110,9902011Assets 2012: $36,319Liabilities 2012: $296,664Net Assets 2012: -$260,3452012Assets 2013: $65,266Liabilities 2013: $466,684Net Assets 2013: -$401,4182013Assets 2014: $84,580Liabilities 2014: $445,720Net Assets 2014: -$361,1402014Assets 2015: $209,458Liabilities 2015: $323,508Net Assets 2015: -$114,0502015Assets 2016: $236,927Liabilities 2016: $447,363Net Assets 2016: -$210,4362016Assets 2017: $268,933Liabilities 2017: $420,427Net Assets 2017: -$151,4942017Assets 2018: $152,884Liabilities 2018: $440,669Net Assets 2018: -$287,7852018Assets 2019: $257,157Liabilities 2019: $668,526Net Assets 2019: -$411,3692019Assets 2020: $329,039Liabilities 2020: $829,790Net Assets 2020: -$500,7512020Assets 2021: $435,572Liabilities 2021: $1,138,370Net Assets 2021: -$702,7982021Assets 2022: $383,545Liabilities 2022: $1,963,479Net Assets 2022: -$1,579,9342022Assets 2023: $390,452Liabilities 2023: $2,526,105Net Assets 2023: -$2,135,6532023Assets 2024: $2,483,923Liabilities 2024: $4,390,002Net Assets 2024: -$1,906,0792024

Highlighted filing

2019

Assets$257,157
Liabilities$668,526
Net Assets-$411,369
Open 2019 Filing

Operations Trend

Revenue Growth63rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,019,8042011Revenue 2012: $973,921Expenses 2012: $1,123,276Net Income 2012: -$149,3552012Revenue 2013: $1,226,888Expenses 2013: $1,285,060Net Income 2013: -$58,1722013Revenue 2014: $1,452,725Expenses 2014: $1,379,290Net Income 2014: $73,4352014Revenue 2015: $1,658,554Expenses 2015: $1,411,464Net Income 2015: $247,0902015Revenue 2016: $1,587,225Expenses 2016: $1,523,705Net Income 2016: $63,5202016Revenue 2017: $1,809,153Expenses 2017: $1,750,211Net Income 2017: $58,9422017Revenue 2018: $1,690,667Expenses 2018: $1,826,958Net Income 2018: -$136,2912018Revenue 2019: $1,864,612Expenses 2019: $1,988,196Net Income 2019: -$123,5842019Revenue 2020: $1,536,430Expenses 2020: $1,625,812Net Income 2020: -$89,3822020Revenue 2021: $1,793,488Expenses 2021: $1,998,535Net Income 2021: -$205,0472021Revenue 2022: $2,055,973Expenses 2022: $2,933,109Net Income 2022: -$877,1362022Revenue 2023: $2,531,578Expenses 2023: $3,087,296Net Income 2023: -$555,7182023Revenue 2024: $2,448,162Expenses 2024: $2,609,797Net Income 2024: -$161,6352024

Highlighted filing

2019

Revenue$1,864,612
Expenses$1,988,196
Net Income-$123,584
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 23, 2020
Return Version
2018v3.1
Gross Receipts
$1,864,612
Mission and Program Overview

Mission

To operate a chapter 766 school in massachusetts for children with add, adhd, autism, asbergers and similar disorders.

School for students with autism, adhd and similar disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$0$125,000▲ $125,000
Cash and Non-Interest-Bearing Accounts$66,664$94,241▲ $27,577
Land, Buildings, and Equipment, Net$51,495$37,916▼ $13,579
Accounts Receivable$29,012$0▼ $29,012
Prepaid Expenses and Deferred Charges$5,713$0▼ $5,713
Total Assets$152,884$257,157▲ $104,273
Liabilities
Accounts Payable and Accrued Expenses$192,927$384,303▲ $191,376
Mortgage Notes Payable Secured by Investment Property$133,416$194,618▲ $61,202
Deferred Revenue$114,326$89,605▼ $24,721
Total Liabilities$440,669$668,526▲ $227,857
Net Assets / Fund Balance
Temporarily Rstr Net Assets$25,000$125,000▲ $100,000
Unrestricted Net Assets$-312,785$-536,369▼ $223,584
Total Net Assets Fund Balance$-287,785$-411,369▼ $123,584
Total Liabilities and Net Assets / Fund Balance$152,884$257,157▲ $104,273

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,166$102,028$137,194
Leasehold Improvements$2,750$2,250$5,000
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Daniel DimezzaExecutive DirectorFT$85,239$85,239

Board Members and Trustees

NameTitle
Stephen J RamseyPresident
Joseph RossiDirector
Michael MorganDirector
Terrance InganoDirector
Paula DecostaClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$397,097
Program Service Revenue
$1,463,058
Investment Income
$0
Other Revenue
$4,457
All Other Contributions
$397,097
Change in Net Assets
$-123,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,876,839
Revenue Not Reported on Financial Statements
$-12,227
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-12,227
Total Revenue per Audited Statements
$1,876,839
Total Revenue per Form 990
$1,864,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,210,520
Other Expenses$777,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$977,992$22,993-$1,000,985
Occupancy$188,333--$188,333
Payroll Taxes$74,044$7,050-$81,094
Current Officers, Directors, Trustees, and Key Employees-$70,127-$70,127
Other Employee Benefits$53,244$5,070-$58,314
Office Expenses$35,042$8,696-$43,738
Fees for Services Legal$32,223--$32,223
Fees for Services Management$24,046--$24,046
Fees for Services Accounting-$22,159-$22,159
Fees for Services Other$12,219$7,030-$19,249
Interest$13,621--$13,621
Depreciation Depletion$13,579--$13,579
Insurance$12,247--$12,247
All Other Expenses$7,313--$7,313
Other Expenses$7,175--$7,175
Advertising$5,673--$5,673
Conferences and Meetings$1,244--$1,244
Travel$434$331-$765
Total Functional Expenses$1,844,740$143,456$0$1,988,196

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,000,423
Expenses per Audited Statements$1,988,196
Total Expenses per Form 990$1,988,196
Expenses Not Reported on Form 990$12,227
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephen RamseyPresident of the Board of DirectorsManagement Services for Past YearsNo$10,647
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“A draft copy of the 990 is provided to the board of directors of the organization for review. Upon review and discussion, if there are no changes required, it is voted on to be filed by the accounting firm. If any changes are required, they are made and then filed accordingly.”

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

“The board of directors meet regularly. As part of these meetings, conflicts of interest are discussed to ensure that all ongoings are in the best interest of the school.”

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

“Executive director salary is determined and set by the board of directors based on the average salary of a massachusetts private 766 school.”

Form 990, Part VI, Section C, Line 18

“990 is available on guidestar. The form 1023 and 990's are avaialable upon request at the organization's place of business.”

Form 990, Part VI, Section C, Line 19

“All information is available upon request at the organization's place of business.”

Filing and Contact Details

Filer

Filer Name
Summit Academy Inc
EIN
76-0845512
Phone
5087518500
Address
15 JAMESBURY DRIVE, WORCESTER, MA 01609

Signing Officer

Name
Daniel Dimezza
Title
Executive Director
Phone
5087518500
Signed
2020-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Dimezza
Formed
2006
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
5
Employees
42
Volunteers
0

Preparer

Firm
O'CONNOR MALONEY & CO CPA'S
Address
446 MAIN STREET, WORCESTER, MA 01608-2370
Preparer
Anthony D Rozevicius
Phone
5087576391
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management does not believe the organization's financial statements include any uncertain tax positions. Generally, the organization's tax returns remain subject to examination for a period of three years.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Direct funraising expenses -12,227.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 12,227.”

Raw XML AppendixShowing 400 of 434 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER SCHOOL PROGRAM PROVIDED THE STRUCTURE OF THE SCHOOL PROGRAM DURING THE SUMMER WHILE SCHOOL WAS OUT OF SESSION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014906
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt035903
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039644
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0366506
IRS990/PYOtherRevenueAmt0-5196
IRS990/PYProgramServiceRevenueAmt01656219
IRS990/PYRevenuesLessExpensesAmt0-136291
IRS990/PYSalariesCompEmpBnftPaidAmt01460452
IRS990/PYTotalExpensesAmt01826958
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01690667
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-123584
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01431612
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/EquipmentGrp/BookValueAmt035166
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0102028
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137194
IRS990ScheduleD/ExpensesNotReportedAmt012227
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01988196
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02750
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02250
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherExpensesIncludedAmt012227
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-12227
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-12227
IRS990ScheduleD/RevenueSubtotalAmt01876839
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION'S FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. GENERALLY, THE ORGANIZATION'S TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR A PERIOD OF THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNRAISING EXPENSES -12,227.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 12,227.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt037916
IRS990ScheduleD/TotalExpensesPerForm990Amt01988196
IRS990ScheduleD/TotalRevenuePerForm990Amt01864612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01876839
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02000423
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/ExplanationTxt0THE SCHOOL'S NON-DISCRIMINATORY POLICY IS PART OF ALL PROMOTIONAL MATERIALS GIVEN TO PARENTS, PROSPECTIVE STUDENTS, AND OTHER ITNERESTED PARTIES. IN ADDITION, THE POLICY IS STATED IN MATERIALS GIVEN TO OTHER SCHOOL DISTRICTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES SERVICE FEES FROM VARIOUS COMMUNITIES THROUGHOUT MASSACHUSETTS. THE SERVICE FEES ARE NEGOTIATED THROUGH THE MASSACHUSETTS OPERATIONAL SERVICES DIVISION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STEPHEN RAMSEY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT OF THE BOARD OF DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010647
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES FOR PAST YEARS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. UPON REVIEW AND DISCUSSION, IF THERE ARE NO CHANGES REQUIRED, IT IS VOTED ON TO BE FILED BY THE ACCOUNTING FIRM. IF ANY CHANGES ARE REQUIRED, THEY ARE MADE AND THEN FILED ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MEET REGULARLY. AS PART OF THESE MEETINGS, CONFLICTS OF INTEREST ARE DISCUSSED TO ENSURE THAT ALL ONGOINGS ARE IN THE BEST INTEREST OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR SALARY IS DETERMINED AND SET BY THE BOARD OF DIRECTORS BASED ON THE AVERAGE SALARY OF A MASSACHUSETTS PRIVATE 766 SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS AVAILABLE ON GUIDESTAR. THE FORM 1023 AND 990'S ARE AVAIALABLE UPON REQUEST AT THE ORGANIZATION'S PLACE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S PLACE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt025000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0125000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0152884
IRS990/TotalAssetsEOYAmt0257157
IRS990/TotalAssetsGrp/BOYAmt0152884
IRS990/TotalAssetsGrp/EOYAmt0257157
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0397097
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0143456
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01844740
IRS990/TotalFunctionalExpensesGrp/TotalAmt01988196
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0440669
IRS990/TotalLiabilitiesEOYAmt0668526
IRS990/TotalLiabilitiesGrp/BOYAmt0440669
IRS990/TotalLiabilitiesGrp/EOYAmt0668526
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-287785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-411369
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01844740
IRS990/TotalProgramServiceRevenueAmt01463058
IRS990/TotalReportableCompFromOrgAmt085239
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01467515
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01864612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0152884
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0257157
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0331
IRS990/TravelGrp/ProgramServicesAmt0434
IRS990/TravelGrp/TotalAmt0765
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-312785
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-536369
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt081 BROAD STREET
IRS990/USAddress/CityNm0BARRE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001005
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SUMMITACADEMIESMA.COM
IRS990/WhistleblowerPolicyInd01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$257,157
Liabilities
$668,526
Net assets
-$411,369
Revenue
$1,864,612
Expenses
$1,988,196
Net income
-$123,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$4.39$1.91$2.45$2.61$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$2.53$2.14$2.53$3.09$0.56
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$1.96$1.58$2.06$2.93$0.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$1.14$0.70$1.79$2.00$0.21
2020Summary only. Only limited summary data is available for this year.$0.33$0.83$0.50$1.54$1.63$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.67$0.41$1.86$1.99$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.44$0.29$1.69$1.83$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.42$0.15$1.81$1.75$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.45$0.21$1.59$1.52$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.32$0.11$1.66$1.41$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.45$0.36$1.45$1.38$0.07
2013Summary only. Only limited summary data is available for this year.$0.07$0.47$0.40$1.23$1.29$0.06
2012Summary only. Only limited summary data is available for this year.$0.04$0.30$0.26$0.97$1.12$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.18$0.11$1.02