Civic Intelligence

Summit Ranch Inc

990 • Fiscal year 2012 • EIN 81-0538434

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 28, 2013

Organization ProfileSUMMITPREPSCHOOL.ORG

View Organization Page

1605 Danielson Road59901
Siviq Scores

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

Liabilities / Assets

99th percentile

3.07x

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

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

36th percentile

-0.8%

Faster asset growth than 36% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$10,479,301

Down $79,350 (-0.8%) from 2011

Net Assets

Down

-$21,700,743

Down $649,631 (-3.1%) from 2011

Liabilities

Up

$32,180,044

Up $570,281 (+1.8%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$6,031,516

Down $108,827 (-1.8%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$40M$20M$0-$20M-$40MAssets 2010: $10,631,294Liabilities 2010: $29,119,408Net Assets 2010: -$18,488,1142010Assets 2011: $10,558,651Liabilities 2011: $31,609,763Net Assets 2011: -$21,051,1122011Assets 2012: $10,479,301Liabilities 2012: $32,180,044Net Assets 2012: -$21,700,7432012Assets 2013: $10,593,713Liabilities 2013: $33,236,939Net Assets 2013: -$22,643,2262013Assets 2014: $10,061,933Liabilities 2014: $33,709,303Net Assets 2014: -$23,647,3702014Assets 2015: $9,527,260Liabilities 2015: $33,758,697Net Assets 2015: -$24,231,4372015Assets 2016: $10,165,692Liabilities 2016: $33,502,013Net Assets 2016: -$23,336,3212016Assets 2017: $9,579,218Liabilities 2017: $33,306,007Net Assets 2017: -$23,726,7892017Assets 2018: $9,908,465Liabilities 2018: $32,951,126Net Assets 2018: -$23,042,6612018Assets 2019: $9,764,025Liabilities 2019: $34,188,661Net Assets 2019: -$24,424,6362019Assets 2020: $8,131,497Liabilities 2020: $35,001,901Net Assets 2020: -$26,870,4042020Assets 2021: $18,956Liabilities 2021: $19,848,728Net Assets 2021: -$19,829,7722021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2012

Assets$10,479,301
Liabilities$32,180,044
Net Assets-$21,700,743
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,526,0342010Expenses 2011: $6,140,3432011Expenses 2012: $6,031,5162012Revenue 2013: $5,141,691Expenses 2013: $6,084,174Net Income 2013: -$942,4832013Revenue 2014: $5,239,308Expenses 2014: $6,243,452Net Income 2014: -$1,004,1442014Revenue 2015: $5,888,200Expenses 2015: $6,555,651Net Income 2015: -$667,4512015Revenue 2016: $7,429,549Expenses 2016: $6,534,433Net Income 2016: $895,1162016Revenue 2017: $5,441,236Expenses 2017: $5,831,704Net Income 2017: -$390,4682017Revenue 2018: $6,508,724Expenses 2018: $5,824,596Net Income 2018: $684,1282018Revenue 2019: $4,587,154Expenses 2019: $5,969,129Net Income 2019: -$1,381,9752019Revenue 2020: $860,044Expenses 2020: $3,305,812Net Income 2020: -$2,445,7682020Revenue 2021: $1,486,095Expenses 2021: $481,265Net Income 2021: $1,004,8302021Revenue 2022: $13,396,850Expenses 2022: $7,000Net Income 2022: $13,389,8502022

Highlighted filing

2012

Revenue-
Expenses$6,031,516
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 28, 2013
Return Version
2012v2.1
Gross Receipts
$5,339,137
Mission and Program Overview

Mission

On an educational and therapeutic level, the school strives for excellence with advanced college preparatory academics, along with caring and effective professional therapy.

Filing and Contact Details

Filer

EIN
81-0538434
Raw XML AppendixShowing 400 of 475 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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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE SCHOOL IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS NO TAXABLE BUSINESS INCOME UNRELATED TO ITS EXEMPT ACTIVITIES AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE SCHOOL APPLIES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES FOR RECOGNITION OF UNCERTAINTY IN INCOME TAXES AND PRESCRIBING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. THE SCHOOL IS SUBJECT TO EXAMINATION BY TAXING JURISDICTIONS; FOR THE PREVIOUS THREE TAX YEARS. CURRENTLY, THERE ARE NO EXAMINATIONS IN PROGRESS. THE SCHOOL'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES TO INTEREST EXPENSE AND MISCELLANEOUS EXPENSE, RESPECTIVELY, WHEN APPLICABLE.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2SCHOLARSHIPS AND OTHER DISCOUNTS 337,463. STUDENT STORE EXPENSE 9,203.
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IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
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IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0THE FOUNDATION HAS A LOAN OUTSTANDING TO SUMMIT PREPATORY SCHOOL.
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction1THE FOUNDATION MADE A DONATION TO SUMMIT PREPARATORY SCHOOL.
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10THE MARK D HOSTETTER AND ALEX HABIB FOUNDATION
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine11THE MARK D HOSTETTER AND ALEX HABIB FOUNDATION
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0MARK HOSTETTER & ALEX HABIB ARE BOARD MEMBERS OF SUMMIT PREPARATORY SCHOOL.
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship1MARK HOSTETTER & ALEX HABIB ARE BOARD MEMBERS OF SUMMIT PREPARATORY SCHOOL.
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues10
IRS990ScheduleL/LoanTable/ApprovedByBoard01
IRS990ScheduleL/LoanTable/BalanceDue019915000
IRS990ScheduleL/LoanTable/Default00
IRS990ScheduleL/LoanTable/LoanToOrganization0X
IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine10THE MARK D HOSTETTER AND ALEX HABIB FOUNDATION
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount00
IRS990ScheduleL/LoanTable/PurposeOfLoan0OPERATIONS
IRS990ScheduleL/LoanTable/RelationshipWithOrganization0MARK HOSTETTER & ALEX HABIB ARE BOARD MEMBERS OF SUMMIT PREPARATORY SCHOOL.
IRS990ScheduleL/LoanTable/WrittenAgreement01
IRS990ScheduleL/TotalBalanceDue019915000
IRS990ScheduleO/GeneralExplanation/Explanation0BOARD MEMBER AND FORMER EXECUTIVE DIRECTOR RICK JOHNSON IS MARRIED TO THE ASSOCIATE EXECUTIVE DIRECTOR OF PROGRAM ADMINISTRATION, JAN JOHNSON. MARK HOSTETTER AND ALEXANDER HABIB ARE CO-FOUNDERS OF THE MARK D. HOSTETTER & ALEX HABIB FOUNDATION, WHICH HAS A LOAN OUTSTANDING TO SUMMIT PREPATORY SCHOOL.
IRS990ScheduleO/GeneralExplanation/Explanation1THE EXECUTIVE COMMITTEE REVIEWS ALL DOCUMENTS OF THIS NATURE, INCLUDING THE 990.
IRS990ScheduleO/GeneralExplanation/Explanation2THE EXECUTIVE COMMITTEE IS CHARGED WITH MONITORING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND ENSURING STATEMENTS ARE FILLED OUT ANNUALLY BY BOARD MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation3THERE IS AN INDEPENDENT PERSONNEL SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation4SUMMIT PREPARATORY SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE PROCESS FOR WHICH THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C:
IRS990/ScheduleORequired01
IRS990/School01
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MT
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY09479
IRS990/TemporarilyRestrictedNetAssets/EOY00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101605 DANIELSON RD
IRS990/TheBooksAreInCareOf/AddressUS/City0KALISPELL
IRS990/TheBooksAreInCareOf/AddressUS/State0MT
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode059901
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10KATHY LEGATE
IRS990/TheBooksAreInCareOf/TelephoneNumber04067588100
IRS990/TotalAssets/BOY010558651

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$10,479,301
Liabilities
$32,180,044
Net assets
-$21,700,743
Revenue
-
Expenses
$6,031,516
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$13.4$0.01$13.4
2021Detailed filing. Detailed filing data is available for this year.$0.02$19.8$19.8$1.49$0.48$1.00
2020Detailed filing. Detailed filing data is available for this year.$8.13$35.0$26.9$0.86$3.31$2.45
2019Detailed filing. Detailed filing data is available for this year.$9.76$34.2$24.4$4.59$5.97$1.38
2018Detailed filing. Detailed filing data is available for this year.$9.91$33.0$23.0$6.51$5.82$0.68
2017Detailed filing. Detailed filing data is available for this year.$9.58$33.3$23.7$5.44$5.83$0.39
2016Detailed filing. Detailed filing data is available for this year.$10.2$33.5$23.3$7.43$6.53$0.90
2015Detailed filing. Detailed filing data is available for this year.$9.53$33.8$24.2$5.89$6.56$0.67
2014Detailed filing. Detailed filing data is available for this year.$10.1$33.7$23.6$5.24$6.24$1.00
2013Detailed filing. Detailed filing data is available for this year.$10.6$33.2$22.6$5.14$6.08$0.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$32.2$21.7$6.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$31.6$21.1$6.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$29.1$18.5$5.53