Civic Intelligence

New Summit Academy

990 • Fiscal year 2024 • EIN 81-2978989

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 25, 2024

Organization Profilewww.newsummitcharter.org
7899 Lexington DriveColorado Springs, CO 80920

(719) 749-4010

Siviq Scores

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

Liabilities / Assets

98th percentile

1.61x

Higher debt load relative to assets than 98% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.28x

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

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

24th percentile

-6.6%

Higher net margin than 24% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$190,729

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

83rd percentile

24%

Faster asset growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.8%

Faster revenue growth than 50% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$6,606,058

Up $1,292,835 (+24%) from 2023

Net Assets

Down

-$4,011,538

Down $549,592 (-16%) from 2023

Liabilities

Up

$10,617,596

Up $1,842,427 (+21%) from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin24th percentile

Revenue

Up

$8,271,163

Up $598,074 (+7.8%) from 2023

Expenses

Up

$8,820,755

Up $566,081 (+6.9%) from 2023

Net Income

Up

-$549,592

Up $31,993 (+5.5%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2016: $100Liabilities 2016: $02016Assets 2017: $2,200Liabilities 2017: $02017Assets 2018: $414,276Liabilities 2018: $286,477Net Assets 2018: $127,7992018Assets 2019: $5,889,060Liabilities 2019: $6,553,695Net Assets 2019: -$664,6352019Assets 2020: $6,946,041Liabilities 2020: $9,214,139Net Assets 2020: -$2,268,0982020Assets 2021: $6,687,305Liabilities 2021: $10,089,466Net Assets 2021: -$3,402,1612021Assets 2022: $5,053,529Liabilities 2022: $7,933,890Net Assets 2022: -$2,880,3612022Assets 2023: $5,313,223Liabilities 2023: $8,775,169Net Assets 2023: -$3,461,9462023Assets 2024: $6,606,058Liabilities 2024: $10,617,596Net Assets 2024: -$4,011,5382024Assets 2025: $6,584,906Liabilities 2025: $10,434,000Net Assets 2025: -$3,849,0942025

Highlighted filing

2024

Assets$6,606,058
Liabilities$10,617,596
Net Assets-$4,011,538
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$10M$5.0M$0-$5.0MRevenue 2016: $100Expenses 2016: $0Net Income 2016: $1002016Revenue 2017: $2,283Expenses 2017: $183Net Income 2017: $2,1002017Revenue 2018: $641,449Expenses 2018: $515,850Net Income 2018: $125,5992018Revenue 2019: $4,743,610Expenses 2019: $5,536,044Net Income 2019: -$792,4342019Revenue 2020: $5,554,980Expenses 2020: $7,158,443Net Income 2020: -$1,603,4632020Revenue 2021: $6,238,934Expenses 2021: $7,130,584Net Income 2021: -$891,6502021Revenue 2022: $6,609,108Expenses 2022: $6,087,308Net Income 2022: $521,8002022Revenue 2023: $7,673,089Expenses 2023: $8,254,674Net Income 2023: -$581,5852023Revenue 2024: $8,271,163Expenses 2024: $8,820,755Net Income 2024: -$549,5922024Revenue 2025: $9,892,952Expenses 2025: $9,397,765Net Income 2025: $495,1872025

Highlighted filing

2024

Revenue$8,271,163
Expenses$8,820,755
Net Income-$549,592
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 25, 2024
Return Version
2023v5.1
Gross Receipts
$8,271,163
Mission and Program Overview

Mission

To build a safe and educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,700,127$3,143,244▲ $443,117
Land, Buildings, and Equipment, Net$168,124$314,919▲ $146,795
Cash and Non-Interest-Bearing Accounts$364,122$189,950▼ $174,172
Pledges and Grants Receivable$33,304$20,486▼ $12,818
Accounts Receivable$2,639$0▼ $2,639
Total Assets$5,313,223$6,606,058▲ $1,292,835
Other Assets Total$2,044,907$2,937,459▲ $892,552
Liabilities
Other Liabilities$8,040,296$9,836,114▲ $1,795,818
Accounts Payable and Accrued Expenses$730,067$781,482▲ $51,415
Mortgage Notes Payable Secured by Investment Property$4,806$0▼ $4,806
Total Liabilities$8,775,169$10,617,596▲ $1,842,427
Net Assets / Fund Balance
Net Assets With Donor Restrictions$230,000$300,000▲ $70,000
Net Assets Without Donor Restrictions$-3,691,946$-4,311,538▼ $619,592
Total Net Assets Fund Balance$-3,461,946$-4,011,538▼ $549,592
Total Liabilities and Net Assets / Fund Balance$5,313,223$6,606,058▲ $1,292,835

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$273,944$45,571$319,515
Equipment$40,975$242,033$283,008
Other Assets Org$108,597--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim McclellandExecutive DirectorFT$147,949$42,780$190,729

Board Members and Trustees

NameTitle
Eric DavisBoard Chair
Benjamin PartridgeDirector at large
Jessica GarciaDirector at large
Michelle RuehlDirector at large
Timmothy CaldwellDirector at large
Revenue and Support

Revenue Composition

Contributions and Grants
$518,809
Program Service Revenue
$7,551,037
Investment Income
$164,354
Other Revenue
$36,963
All Other Contributions
$32,617
Change in Net Assets
$-549,592

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,271,163
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$994,164
Total Revenue per Audited Statements
$9,265,327
Total Revenue per Form 990
$8,271,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,010,237
Other Expenses$2,810,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,544,392$1,090,454-$3,634,846
Pension Plan Contributions$1,173,505$502,931-$1,676,436
Occupancy$992,058$110,229-$1,102,287
Other Employee Benefits$313,991$134,568-$448,559
All Other Expenses$330,475$26,773-$357,248
Current Officers, Directors, Trustees, and Key Employees$137,615$58,978-$196,593
Other Expenses$124,606$13,845-$138,451
Information Technology$100,483$11,165-$111,648
Payroll Taxes$37,662$16,141-$53,803
Fees for Services Other$35,311$3,923-$39,234
Fees for Services Legal-$37,958-$37,958
Depreciation Depletion$21,879$9,377-$31,256
Insurance$17,569$7,530-$25,099
Advertising-$23,647-$23,647
Office Expenses-$5,882-$5,882
Interest$135$58-$193
Total Functional Expenses$6,673,537$2,147,218$0$8,820,755

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,008,324
Expenses per Audited Statements$8,820,755
Total Expenses per Form 990$8,820,755
Expenses Not Reported on Form 990$1,187,569
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liabilities$9,348,669
Deferred Inflows$261,712
Net OPEB Liabilities$225,733
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by the Finance Committee and made avaialble to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed.”

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

“The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 20 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act.”

Filing and Contact Details

Filer

Filer Name
New Summit Academy
EIN
81-2978989
Phone
7197494010
Address
7899 Lexington Drive, Colorado Springs, CO 80920

Signing Officer

Name
Maureen Hilborn
Title
Business Manager
Phone
7197494010
Signed
2024-10-25
Discuss with paid preparer
No

Organization Details

Principal Officer
Maureen Hilborn
Formed
2016
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
121
Volunteers
0

Preparer

Firm
Hoelting & Company Inc
Address
31 East Platte Avenue Suite 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1:

“To build a safe educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits.”

Form 990, Part XII, Line 2C:

“The finance committe oversees audit services and selection of independent auditors. This has not changed from the prior year.”

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Building Corporation Investment Income 71,276. Building Corporation Rental Income 922,888.”

Part XII, Line 2D - Other Adjustments:

“Building Corporation Interest Expense and Debt Ammortization 903,784. Building Corporation Depreciation Expense 283,785.”

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1640444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2495920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06414673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1640444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2495920
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0768969
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt089289
IRS990/PYOtherExpensesAmt02274309
IRS990/PYOtherRevenueAmt080230
IRS990/PYProgramServiceRevenueAmt06734601
IRS990/PYRevenuesLessExpensesAmt0-581585
IRS990/PYSalariesCompEmpBnftPaidAmt05980365
IRS990/PYTotalExpensesAmt08254674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07673089
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-549592
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07588000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02700127
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03143244
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0273944
IRS990ScheduleD/BuildingsGrp/DepreciationAmt045571
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0319515
IRS990ScheduleD/EquipmentGrp/BookValueAmt040975
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0242033
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283008
IRS990ScheduleD/ExpensesNotReportedAmt01187569
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08820755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02828862
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1108597
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred outflows 0 OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt01187569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0261712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19348669
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2225733
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liabilities
IRS990ScheduleD/OtherRevenueAmt0994164
IRS990ScheduleD/RevenueNotReportedAmt0994164
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08271163
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Building Corporation Investment Income 71,276. Building Corporation Rental Income 922,888.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Building Corporation Interest Expense and Debt Ammortization 903,784. Building Corporation Depreciation Expense 283,785.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0314919
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02937459
IRS990ScheduleD/TotalExpensesPerForm990Amt08820755
IRS990ScheduleD/TotalLiabilityAmt09836114
IRS990ScheduleD/TotalRevenuePerForm990Amt08271163
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09265327
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010008324
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 nondiscriminatory policy is publicized in marketing communications and on the School's website to make it known to all parts of the general community it serves.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School receives PPR and grant funding from the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0147949
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt042780
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kim Mcclelland
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190729
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To build a safe educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the Finance Committee and made avaialble to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 20 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The finance committe oversees audit services and selection of independent auditors. This has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0New Summit Academy
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0842667272
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Rental of facilities and equipment
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0New Summit Charter Academy Building Corporation
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt019196229
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0994164
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt07899 Lexington Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Colorado Springs
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd080920
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,606,058
Liabilities
$10,617,596
Net assets
-$4,011,538
Revenue
$8,271,163
Expenses
$8,820,755
Net income
-$549,592
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$10.4$3.85$9.89$9.40$0.50
2024Detailed filing. Detailed filing data is available for this year.$6.61$10.6$4.01$8.27$8.82$0.55
2023Detailed filing. Detailed filing data is available for this year.$5.31$8.78$3.46$7.67$8.25$0.58
2022Detailed filing. Detailed filing data is available for this year.$5.05$7.93$2.88$6.61$6.09$0.52
2021Summary only. Only limited summary data is available for this year.$6.69$10.1$3.40$6.24$7.13$0.89
2020Detailed filing. Detailed filing data is available for this year.$6.95$9.21$2.27$5.55$7.16$1.60
2019Detailed filing. Detailed filing data is available for this year.$5.89$6.55$0.66$4.74$5.54$0.79
2018Summary only. Only limited summary data is available for this year.$0.41$0.29$0.13$0.64$0.52$0.13
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $5M-$10M nonprofits