Civic Intelligence

Bozeman Summit School Inc.

990 • Fiscal year 2023 • EIN 84-1413419

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

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

76th percentile

0.33x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.69x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

60th percentile

9.4%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$70,105

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

46th percentile

3.0%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

19%

Faster revenue growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,655,323

Up $48,781 (+3.0%) from 2022

Net Assets

Up

$1,110,205

Up $74,204 (+7.2%) from 2022

Liabilities

Down

$545,118

Down $25,423 (-4.5%) from 2022

Revenue

Up

$789,763

Up $126,970 (+19%) from 2022

Expenses

Up

$715,559

Up $134,681 (+23%) from 2022

Net Income

Down

$74,204

Down $7,711 (-9.4%) from 2022

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

2023

Assets$1,655,323
Liabilities$545,118
Net Assets$1,110,205

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

2023

Revenue$789,763
Expenses$715,559
Net Income$74,204
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$817,402
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$907,374$875,878▼ $31,496
Cash and Non-Interest-Bearing Accounts$689,388$768,037▲ $78,649
Savings and Temporary Cash Investments$9,780$9,830▲ $50
Accounts Receivable-$1,578-
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$1,606,542$1,655,323▲ $48,781
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$399,099$382,878▼ $16,221
Deferred Revenue$151,500$140,719▼ $10,781
Accounts Payable and Accrued Expenses$17,142$18,411▲ $1,269
Other Liabilities$2,800$3,110▲ $310
Total Liabilities$570,541$545,118▼ $25,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,036,001$1,110,205▲ $74,204
Total Net Assets Fund Balance$1,036,001$1,110,205▲ $74,204
Total Liabilities and Net Assets / Fund Balance$1,606,542$1,655,323▲ $48,781

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$875,878$552,481$1,428,359
Other Land Buildings-$42,333$42,333
Equipment-$29,613$29,613
Leasehold Improvements-$15,507$15,507
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tamela M IronsExecutive DirectorFT$65,862$4,243$70,105

Board Members and Trustees

NameTitle
Dan RugglesChairman
Lindsey AlexanderMember
Sara AldingerMember
Mitch JohnsonSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$38,103
Program Service Revenue
$760,499
Investment Income
$50
Other Revenue
$-8,889
All Other Contributions
$38,103
Change in Net Assets
$74,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$482,034
Other Expenses$228,175
Grants and Similar Amounts Paid$5,350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$286,482$67,200-$353,682
Occupancy$70,714$16,587-$87,301
Current Officers, Directors, Trustees, and Key Employees$58,474$14,618-$73,092
Payroll Taxes$28,425$6,667-$35,092
Depreciation Depletion$21,260$4,987-$26,247
Other Employee Benefits$16,336$3,832-$20,168
Interest$11,341$2,660-$14,001
Insurance$10,069$2,362-$12,431
Office Expenses$6,240$1,464-$7,704
All Other Expenses$6,103$1,432-$7,535
Fees for Services Accounting$6,072$1,424-$7,496
Other Expenses$4,628$1,085-$5,713
Grants to Domestic Individuals$5,350--$5,350
Information Technology$3,954$928-$4,882
Advertising$2,780$652-$3,432
Travel$731$172-$903
Total Functional Expenses$579,888$135,671$0$715,559
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 Deposit$3,110
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, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

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
Mitch Johnson
Title
Secretary/treas
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mt
Voting Board Members
4
Independent Board Members
4
Employees
19
Volunteers
40

Preparer

Firm
Rudd & Company PLLC
Address
3805 Valley Commons Dr Ste 7, Bozeman, MT 59718
Preparer
Holly Galen CPA
Phone
4065853393
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06667
IRS990/PayrollTaxesGrp/ProgramServicesAmt028425
IRS990/PayrollTaxesGrp/TotalAmt035092
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0760499
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0760499
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt042295
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010025
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0174882
IRS990/PYOtherRevenueAmt0-8757
IRS990/PYProgramServiceRevenueAmt0629254
IRS990/PYRevenuesLessExpensesAmt081915
IRS990/PYSalariesCompEmpBnftPaidAmt0395971
IRS990/PYTotalExpensesAmt0580878
IRS990/PYTotalRevenueAmt0662793
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt074204
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-8889
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0760499
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09780
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09830
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/BookValueAmt0875878
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0552481
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01428359
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029613
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029613
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015507
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015507
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042333
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0875878
IRS990ScheduleD/TotalLiabilityAmt03110
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/CashGrantAmt05350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0SCHOLARSHIPS FOR TUTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01606542
IRS990/TotalAssetsEOYAmt01655323
IRS990/TotalAssetsGrp/BOYAmt01606542
IRS990/TotalAssetsGrp/EOYAmt01655323
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt038103
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0135671
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0579888
IRS990/TotalFunctionalExpensesGrp/TotalAmt0715559
IRS990/TotalGrossUBIAmt0-8889
IRS990/TotalLiabilitiesBOYAmt0570541
IRS990/TotalLiabilitiesEOYAmt0545118
IRS990/TotalLiabilitiesGrp/BOYAmt0570541
IRS990/TotalLiabilitiesGrp/EOYAmt0545118
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01036001
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01110205
IRS990/TotalOtherCompensationAmt04243
IRS990/TotalProgramServiceExpensesAmt0579888
IRS990/TotalProgramServiceRevenueAmt0760499
IRS990/TotalReportableCompFromOrgAmt065862
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0760549
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0789763
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-8889
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01606542
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01655323
IRS990/TravelGrp/ManagementAndGeneralAmt0172
IRS990/TravelGrp/ProgramServicesAmt0731
IRS990/TravelGrp/TotalAmt0903
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03001 W VILLARD AVENUE
IRS990/USAddress/CityNm0BOZEMAN
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059718

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