Civic Intelligence

Bozeman Summit School Inc.

990 • Fiscal year 2021 • EIN 84-1413419

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

3001 W Villard AvenueBozeman, MT 59718

(406) 585-3778

Siviq Scores

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

Liabilities / Assets

78th percentile

0.35x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.71x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

71st percentile

28%

Higher net margin than 71% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

50th percentile

$55,784

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

45th percentile

6.9%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

48th percentile

11%

Faster revenue growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,477,064

Up $95,644 (+6.9%) from 2020

Net Assets

Up

$954,087

Up $202,415 (+27%) from 2020

Liabilities

Down

$522,977

Down $106,771 (-17%) from 2020

Revenue

Up

$733,411

Up $71,719 (+11%) from 2020

Expenses

Down

$530,996

Down $66,571 (-11%) from 2020

Net Income

Up

$202,415

Up $138,290 (+216%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,436,994Liabilities 2011: $716,968Net Assets 2011: $720,0252011Assets 2012: $1,373,823Liabilities 2012: $694,139Net Assets 2012: $679,6842012Assets 2013: $1,386,980Liabilities 2013: $683,881Net Assets 2013: $703,0992013Assets 2014: $1,234,824Liabilities 2014: $574,584Net Assets 2014: $660,2402014Assets 2015: $1,191,375Liabilities 2015: $549,906Net Assets 2015: $641,4692015Assets 2016: $1,169,603Liabilities 2016: $563,078Net Assets 2016: $606,5252016Assets 2017: $1,220,871Liabilities 2017: $540,292Net Assets 2017: $680,5792017Assets 2018: $1,195,956Liabilities 2018: $547,124Net Assets 2018: $648,8322018Assets 2019: $1,261,688Liabilities 2019: $574,141Net Assets 2019: $687,5472019Assets 2020: $1,381,420Liabilities 2020: $629,748Net Assets 2020: $751,6722020Assets 2021: $1,477,064Liabilities 2021: $522,977Net Assets 2021: $954,0872021Assets 2022: $1,606,542Liabilities 2022: $570,541Net Assets 2022: $1,036,0012022Assets 2023: $1,655,323Liabilities 2023: $545,118Net Assets 2023: $1,110,2052023Assets 2024: $1,716,359Liabilities 2024: $373,319Net Assets 2024: $1,343,0402024

Highlighted filing

2021

Assets$1,477,064
Liabilities$522,977
Net Assets$954,087

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $486,035Expenses 2011: $454,796Net Income 2011: $31,2392011Revenue 2012: $407,497Expenses 2012: $447,837Net Income 2012: -$40,3402012Revenue 2013: $455,148Expenses 2013: $431,733Net Income 2013: $23,4152013Revenue 2014: $390,953Expenses 2014: $436,313Net Income 2014: -$45,3602014Revenue 2015: $463,817Expenses 2015: $482,587Net Income 2015: -$18,7702015Revenue 2016: $412,280Expenses 2016: $447,224Net Income 2016: -$34,9442016Revenue 2017: $569,757Expenses 2017: $495,703Net Income 2017: $74,0542017Revenue 2018: $466,835Expenses 2018: $498,582Net Income 2018: -$31,7472018Revenue 2019: $592,238Expenses 2019: $553,523Net Income 2019: $38,7152019Revenue 2020: $661,692Expenses 2020: $597,567Net Income 2020: $64,1252020Revenue 2021: $733,411Expenses 2021: $530,996Net Income 2021: $202,4152021Revenue 2022: $662,793Expenses 2022: $580,878Net Income 2022: $81,9152022Revenue 2023: $789,763Expenses 2023: $715,559Net Income 2023: $74,2042023Revenue 2024: $1,058,814Expenses 2024: $825,979Net Income 2024: $232,8352024

Highlighted filing

2021

Revenue$733,411
Expenses$530,996
Net Income$202,415
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$751,332
Mission and Program Overview

Mission

Bozeman summit school's mission is to encourage life-long learning by providing a challenging, well-rounded and individualized education based on montessori principles that nurture the developmental needs of all students.

Bozeman summit school's mission is to encourage life-long learning by providing a challenging, well-rounded and individualized education based on montessori principles that nuture the developmental needs of all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$971,143$939,201▼ $31,942
Cash and Non-Interest-Bearing Accounts$378,897$516,186▲ $137,289
Accounts Receivable$21,603$11,900▼ $9,703
Savings and Temporary Cash Investments$9,777$9,777→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,381,420$1,477,064▲ $95,644
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$513,460$404,137▼ $109,323
Deferred Revenue$109,970$107,457▼ $2,513
Accounts Payable and Accrued Expenses$6,316$8,883▲ $2,567
Other Liabilities$2$2,500▲ $2,498
Total Liabilities$629,748$522,977▼ $106,771
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$751,672$954,087▲ $202,415
Total Net Assets Fund Balance$751,672$954,087▲ $202,415
Total Liabilities and Net Assets / Fund Balance$1,381,420$1,477,064▲ $95,644

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$938,870$489,489$1,428,359
Equipment$331$29,282$29,613
Other Land Buildings-$26,826$26,826
Leasehold Improvements-$15,507$15,507
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tamela M IronsExecutive DirectorFT$51,584$4,200$55,784

Board Members and Trustees

NameTitle
Dan RugglesPresident
Roberto ValdiviaVice President
Chris BuntingDirector
Nancy CharacklisDirector
Victoria BrailsfordDirector
Robyn MillerSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$167,686
Program Service Revenue
$577,260
Investment Income
$1
Other Revenue
$-11,536
All Other Contributions
$46,561
Change in Net Assets
$202,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$348,865
Other Expenses$172,981
Grants and Similar Amounts Paid$9,150
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,227$47,905-$252,132
Current Officers, Directors, Trustees, and Key Employees$43,564$10,219-$53,783
Occupancy$35,426$8,310-$43,736
Depreciation Depletion$21,621$5,072-$26,693
Payroll Taxes$20,627$4,839-$25,466
Fees for Services Accounting$16,825$3,946-$20,771
Other Employee Benefits$14,162$3,322-$17,484
Insurance$8,340$1,956-$10,296
Grants to Domestic Individuals$9,150--$9,150
Interest$7,158$1,679-$8,837
Office Expenses$6,810$1,598-$8,408
Information Technology$4,349$1,020-$5,369
All Other Expenses$3,942$925-$4,867
Other Expenses$1,890$443-$2,333
Fees for Services Other$405$95-$500
Advertising$305$71-$376
Total Functional Expenses$431,845$99,151$0$530,996
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Deposits$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bozeman Summit School Inc
EIN
84-1413419
Phone
4065853778
Address
3001 W VILLARD AVENUE, BOZEMAN, MT 59718

Signing Officer

Name
Robyn Miller
Title
Secretary/treas
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
6
Employees
19
Volunteers
10

Preparer

Firm
Rudd & Company PLLC
Address
3805 Valley Commons Drive Suite 7, Bozeman, MT 59718
Preparer
Scott Holton CPA
Phone
4065853393
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IRS990/OtherExpensesGrp/Desc0DISCOUNTS ON TUTION
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2SUPPLIES CLASSROOM
IRS990/OtherExpensesGrp/Desc3TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03923
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21427
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3443
IRS990/OtherExpensesGrp/ProgramServicesAmt016725
IRS990/OtherExpensesGrp/ProgramServicesAmt110238
IRS990/OtherExpensesGrp/ProgramServicesAmt26081
IRS990/OtherExpensesGrp/ProgramServicesAmt31890
IRS990/OtherExpensesGrp/TotalAmt020648
IRS990/OtherExpensesGrp/TotalAmt112639
IRS990/OtherExpensesGrp/TotalAmt27508
IRS990/OtherExpensesGrp/TotalAmt32333
IRS990/OtherLiabilitiesGrp/BOYAmt02
IRS990/OtherLiabilitiesGrp/EOYAmt02500
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047905
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0204227
IRS990/OtherSalariesAndWagesGrp/TotalAmt0252132
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04839
IRS990/PayrollTaxesGrp/ProgramServicesAmt020627
IRS990/PayrollTaxesGrp/TotalAmt025466
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0577260
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0577260
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt046371
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt022
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0200852
IRS990/PYOtherRevenueAmt022085
IRS990/PYProgramServiceRevenueAmt0593214
IRS990/PYRevenuesLessExpensesAmt064125
IRS990/PYSalariesCompEmpBnftPaidAmt0396715
IRS990/PYTotalExpensesAmt0597567
IRS990/PYTotalRevenueAmt0661692
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0202415
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-11536
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0577260
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09777
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09777
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0938870
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0489489
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01428359
IRS990ScheduleD/EquipmentGrp/BookValueAmt0331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029282
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029613
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015507
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015507
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026826
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026826
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0939201
IRS990ScheduleD/TotalLiabilityAmt02500
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0SCHOLARSHIPS FOR TUTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01381420
IRS990/TotalAssetsEOYAmt01477064
IRS990/TotalAssetsGrp/BOYAmt01381420
IRS990/TotalAssetsGrp/EOYAmt01477064
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0167686
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt099151
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0431845
IRS990/TotalFunctionalExpensesGrp/TotalAmt0530996
IRS990/TotalGrossUBIAmt0-11536
IRS990/TotalLiabilitiesBOYAmt0629748
IRS990/TotalLiabilitiesEOYAmt0522977
IRS990/TotalLiabilitiesGrp/BOYAmt0629748
IRS990/TotalLiabilitiesGrp/EOYAmt0522977
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0751672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0954087
IRS990/TotalOtherCompensationAmt04200

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.72$0.37$1.34$1.06$0.83$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.66$0.55$1.11$0.79$0.72$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.57$1.04$0.66$0.58$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.52$0.95$0.73$0.53$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.63$0.75$0.66$0.60$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.26$0.57$0.69$0.59$0.55$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.55$0.65$0.47$0.50$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.54$0.68$0.57$0.50$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.56$0.61$0.41$0.45$0.03
2015Summary only. Only limited summary data is available for this year.$1.19$0.55$0.64$0.46$0.48$0.02
2014Summary only. Only limited summary data is available for this year.$1.23$0.57$0.66$0.39$0.44$0.05
2013Summary only. Only limited summary data is available for this year.$1.39$0.68$0.70$0.46$0.43$0.02
2012Summary only. Only limited summary data is available for this year.$1.37$0.69$0.68$0.41$0.45$0.04
2011Summary only. Only limited summary data is available for this year.$1.44$0.72$0.72$0.49$0.45$0.03