SUMMIT MINISTRIES INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SUMMIT MINISTRIES INC (EIN 73-0792333)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-04-30
- IRS object ID
- 202401219349302300
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-30T15:07:04-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 Research Parkway STE 200 | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 730792333 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Summit Ministries Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMM | BusinessNameControlTxt |
| Phone | 7196859103 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 207 | AddressLine1Txt |
| City | Manitou Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80829 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr Jeff Myers | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7196859103 | PhoneNum |
| Signature | 2024-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Dr | PersonFirstNm |
| Person Last | Jeff Myers | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ashley Peabody | PreparerPersonNm |
| PTIN | P01385870 | PTIN |
| Phone | 5055022746 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dr Jeff Myers | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 207 | AddressLine1Txt |
| City | Manitou Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80829 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,235,608 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.summit.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | Equip & support rising generations to embrace God's truth & champion a biblical worldview. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 226 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $140,755 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,807,115 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,459,493 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,814,739 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,317,566 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$41,105 | PYInvestmentIncomeAmt |
| CY Investment Income | -$150,246 | CYInvestmentIncomeAmt |
| PY Other Revenue | $726,431 | PYOtherRevenueAmt |
| CY Other Revenue | $991,945 | CYOtherRevenueAmt |
| PY Total Revenue | $12,307,180 | PYTotalRevenueAmt |
| CY Total Revenue | $13,618,758 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $774,253 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,185,026 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,960,826 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,825,404 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,307,957 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,179,205 | PYOtherExpensesAmt |
| CY Other Expenses | $5,924,047 | CYOtherExpensesAmt |
| PY Total Expenses | $11,914,284 | PYTotalExpensesAmt |
| CY Total Expenses | $13,934,477 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $392,896 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$315,719 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,145,920 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,838,275 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $904,365 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,812,393 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,241,555 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,025,882 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Summit Ministries is an educational Christian ministry with the purpose of equipping tomorrow's servant leaders to analyze competing worldviews and champion the Christian faith, inspiring each one to love God with all his heart, soul, mind, and strength. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,946,046 | ExpenseAmt |
| Grant | $1,100,891 | GrantAmt |
| Revenue | $3,652,909 | RevenueAmt |
| Desc | Summit Ministries Summer Programs - Educate students ages 16-25 in Christian worldview thinking, preparing them for the battle of ideas that they will face in college and in culture. The two-week in person conferences feature over 60 hours and one-week virtual (through ZOOM) conferences feature over 30 hours of instruction in worldview analysis, Christian apologetics and leadership from a faculty of world-class instructors. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,397,265 | ExpenseAmt |
| Revenue | $1,469,564 | RevenueAmt |
| Desc | Curriculum development and sales - published materials to educate students and adults in Christian worldview thinking, preparing them for the battle of ideas that they will face in college and in culture. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,383,652 | ExpenseAmt |
| Grant | $84,135 | GrantAmt |
| Revenue | $607,005 | RevenueAmt |
| Desc | Summit Semester Program - A 12-week Christ-centered academic retreat, located near Pagosa Springs, Colorado, designed for post high school graduates. The retreat prepares young Christian thinkers to address the dichotomy separating faith from reason. Major courses include History of Christian Thought, Christianity and Politics, and English Literature. Minor courses include Philosophy, Art, Theology & the Church, Cultural Apologetics, and Bible Survey. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,715,107 | ExpenseAmt |
| Revenue | $57,652 | RevenueAmt |
| Desc | Other Programs - Alumni Network, consulting and honorariums, program related rental activity. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,715,107 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $57,652 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $10,442,070 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 169 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 226 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jeff Wood | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7196859103 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 207 | AddressLine1Txt |
| City | Manitou Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80829 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Jeff Myers | |||||||
| President | 40.00 | Yes (X) | Yes (X) | $344,273 | $0 | $35,270 | |
| Julie H Ambler | |||||||
| Chair Person | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Merida Brooks | |||||||
| Secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Steve Austin | |||||||
| Chair of Finance Committee | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Melissa Neugebauer | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Drew Ryun | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jeffrey Ventrella | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Derek McCoy | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mikkel Mandt | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jeff Wood | |||||||
| CFO and Treasurer | 40.00 | Yes (X) | $226,032 | $0 | $26,500 | ||
| Aaron Atwood | |||||||
| VP Advancement | 40.00 | $204,188 | $0 | $31,552 | Yes (X) | ||
| Jason Graham | |||||||
| VP Publishing | 40.00 | $168,096 | $0 | $29,947 | Yes (X) | ||
| Joseph Amandee | |||||||
| IT Director | 40.00 | $133,157 | $0 | $28,668 | Yes (X) | ||
| Rajeev Shaw | |||||||
| Director of Marketing and sales | 40.00 | $118,868 | $0 | $23,729 | Yes (X) | ||
| Sinh Nguyen | |||||||
| Director of Finance | 40.00 | $113,394 | $0 | $5,014 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,308,008 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $180,680 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Global Procurement Solutions | |||||
| 5421 Copper Dr | Colorado Springs | CO | 80918 | Printing and Shipping | $452,952 |
| The Parable Group | |||||
| PO Box 3317 | San Luis Obispo | CA | 93403 | Advertising Services | $348,665 |
| Brewer Direct Inc | |||||
| 800 Royal Oaks Drive Suite 102 | Monrovia | CA | 91016 | Advertising Services | $259,693 |
| Earl Cooley (I Know A Guy) | |||||
| 628 Prairie Star Circle | Colorado Springs | CO | 80916 | Janitorial, cleaning, general maintenanc | $233,299 |
| Gideon300 LLC | |||||
| PO Box 452418 | Grove | OK | 74345 | Public relations/Product services | $152,655 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $986,500 | FundraisingAmt |
| All Other Contributions | $7,472,993 | AllOtherContributionsAmt |
| Noncash Contributions | $69,006 | NoncashContributionsAmt |
| Total Contributions | $8,459,493 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Summit Conference Reg. | 611600 | $3,652,909 | $3,652,909 |
| Summit Semester-Tuitio | 611600 | $607,005 | $607,005 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,652 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57,652 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,317,566 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $110,230 | TotalRevenueColumnAmt |
| Exclusion | $110,230 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,837 | TotalRevenueColumnAmt |
| Exclusion | $31,837 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $149,190 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $527,224 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$378,034 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$378,034 | TotalRevenueColumnAmt |
| Exclusion | -$378,034 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,187,805 | SecuritiesAmt |
| Other | $1,641,031 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,207,517 | SecuritiesAmt |
| Other | $1,881,795 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$19,712 | SecuritiesAmt |
| Other | -$240,764 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$260,476 | TotalRevenueColumnAmt |
| Exclusion | -$260,476 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $986,500 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $416,707 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$416,707 | TotalRevenueColumnAmt |
| Exclusion | -$416,707 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,053,171 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $583,607 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,469,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,469,564 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Snow Wolf Lodge | 721110 | $140,755 | $140,755 | |
| Employee Retention Cre | 900099 | $88,950 | $88,950 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,580 | TotalRevenueColumnAmt |
| Exclusion | $55,580 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $285,285 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,618,758 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,787,130 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $140,755 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$768,620 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,185,026 | TotalAmt |
| Program Services | $1,185,026 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,021 | TotalAmt |
| Program Services | $194,107 | ProgramServicesAmt |
| Management And General | $330,304 | ManagementAndGeneralAmt |
| Fundraising | $108,610 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,250 | TotalAmt |
| Program Services | $22,999 | ProgramServicesAmt |
| Fundraising | $56,251 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,692,614 | TotalAmt |
| Program Services | $3,808,328 | ProgramServicesAmt |
| Management And General | $346,383 | ManagementAndGeneralAmt |
| Fundraising | $537,903 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,255 | TotalAmt |
| Program Services | $81,441 | ProgramServicesAmt |
| Management And General | $16,232 | ManagementAndGeneralAmt |
| Fundraising | $14,582 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $904,191 | TotalAmt |
| Program Services | $655,990 | ProgramServicesAmt |
| Management And General | $130,747 | ManagementAndGeneralAmt |
| Fundraising | $117,454 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $404,073 | TotalAmt |
| Program Services | $293,155 | ProgramServicesAmt |
| Management And General | $58,429 | ManagementAndGeneralAmt |
| Fundraising | $52,489 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,026 | TotalAmt |
| Program Services | $36,868 | ProgramServicesAmt |
| Management And General | $8,841 | ManagementAndGeneralAmt |
| Fundraising | $1,317 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,995 | TotalAmt |
| Management And General | $30,995 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,676 | TotalAmt |
| Management And General | $13,676 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,099 | TotalAmt |
| Program Services | $442,121 | ProgramServicesAmt |
| Management And General | $61,155 | ManagementAndGeneralAmt |
| Fundraising | $134,823 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,090,333 | TotalAmt |
| Program Services | $104,312 | ProgramServicesAmt |
| Management And General | $986,021 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,541 | TotalAmt |
| Program Services | $68,552 | ProgramServicesAmt |
| Management And General | $8,584 | ManagementAndGeneralAmt |
| Fundraising | $19,405 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $489,953 | TotalAmt |
| Program Services | $386,346 | ProgramServicesAmt |
| Management And General | $43,710 | ManagementAndGeneralAmt |
| Fundraising | $59,897 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,632 | TotalAmt |
| Program Services | $358,266 | ProgramServicesAmt |
| Management And General | $24,716 | ManagementAndGeneralAmt |
| Fundraising | $6,650 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $407,532 | TotalAmt |
| Program Services | $240,491 | ProgramServicesAmt |
| Management And General | $47,684 | ManagementAndGeneralAmt |
| Fundraising | $119,357 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,824 | TotalAmt |
| Program Services | $21,666 | ProgramServicesAmt |
| Management And General | $147 | ManagementAndGeneralAmt |
| Fundraising | $11 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,094 | TotalAmt |
| Program Services | $410,416 | ProgramServicesAmt |
| Management And General | $31,186 | ManagementAndGeneralAmt |
| Fundraising | $4,492 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,760 | TotalAmt |
| Program Services | $63,973 | ProgramServicesAmt |
| Management And General | $9,550 | ManagementAndGeneralAmt |
| Fundraising | $1,237 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Summit Sessions | $1,511,867 | $1,511,867 | ||
| Curriculum Development | $263,757 | $263,757 | ||
| Postage, printing, ship | $136,292 | $63,854 | $24,875 | $47,563 |
| Licenses, dues, subscri | $45,180 | $32,248 | $9,483 | $3,449 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,486 | TotalAmt |
| Program Services | $196,287 | ProgramServicesAmt |
| Management And General | $1,732 | ManagementAndGeneralAmt |
| Fundraising | $22,467 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,934,477 | TotalAmt |
| Program Services | $10,442,070 | ProgramServicesAmt |
| Management And General | $2,184,450 | ManagementAndGeneralAmt |
| Fundraising | $1,307,957 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,505,798 | BOYAmt |
| EOY | $2,986,397 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,686,516 | BOYAmt |
| EOY | $1,033,952 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $838,014 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,047 | BOYAmt |
| EOY | $351,332 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,265 | BOYAmt |
| EOY | $304,413 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,982 | BOYAmt |
| EOY | $348,254 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $12,881,086 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,955,816 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,064,009 | BOYAmt |
| EOY | $8,925,270 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,058,058 | BOYAmt |
| EOY | $2,774,057 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,800 | BOYAmt |
| EOY | $114,600 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,431 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,145,920 | BOYAmt |
| EOY | $16,838,275 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $698,959 | BOYAmt |
| EOY | $823,497 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,406 | BOYAmt |
| EOY | $633,099 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $355,797 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $904,365 | BOYAmt |
| EOY | $1,812,393 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,857,254 | BOYAmt |
| EOY | $13,974,203 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,384,301 | BOYAmt |
| EOY | $1,051,679 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,241,555 | BOYAmt |
| EOY | $15,025,882 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,145,920 | BOYAmt |
| EOY | $16,838,275 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$315,719 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $100,046 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,526,356 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,175,468 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,083,163 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,807,115 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,459,493 | CurrentTaxYearAmt |
| Total | $34,051,595 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,266,855 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,204,895 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,696,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,055,631 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,370,737 | CurrentTaxYearAmt |
| Total | $23,594,700 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,793,211 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,380,363 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,779,745 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,862,746 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,830,230 | CurrentTaxYearAmt |
| Total | $57,646,295 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $166,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $184,975 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,775 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $90,870 | CurrentTaxYearAmt |
| Total | $623,570 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $166,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $184,975 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,775 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $90,870 | CurrentTaxYearAmt |
| Total | $623,570 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $57,022,725 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $253,183 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $292,077 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $263,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $238,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $291,257 | CurrentTaxYearAmt |
| Total | $1,338,474 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $253,183 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $292,077 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $263,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $238,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $291,257 | CurrentTaxYearAmt |
| Total | $1,338,474 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $608,062 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,976 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $905,760 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $167,098 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $144,530 | CurrentTaxYearAmt |
| Total | $1,857,426 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,654,456 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,704,416 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,948,714 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,268,592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,266,017 | CurrentTaxYearAmt |
| Total | $60,842,195 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.93720 | PublicSupportCY509Pct |
| Public Support PY509 | 0.93380 | PublicSupportPY509Pct |
| Investment Income CY | 0.02200 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part III, Line 12, Explanation of Other Income: | Gain on insurance proceeds - 2019 Amount: $ 608,062. Miscellaneous income - 2020 Amount: $ 31,976. 2021 Amount: $ 24,459. 2022 Amount: $ 167,098. 2023 Amount: $ 55,580. Employee Retention Credit - 2021 Amount: $ 881,301. 2023 Amount: $ 88,950. |
| Schedule A, Part III: | The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $605,787 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $46,892 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $652,679 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $651,158 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$45,371 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $605,787 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $559,645 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $91,513 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $651,158 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $549,859 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $9,786 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $559,645 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $471,666 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $78,193 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $549,859 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,020,700 | OtherCostOrOtherBasisAmt |
| Book Value | $1,020,700 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,090,739 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,085,117 | DepreciationAmt |
| Book Value | $7,005,622 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,251,624 | OtherCostOrOtherBasisAmt |
| Depreciation | $710,122 | DepreciationAmt |
| Book Value | $541,502 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $518,023 | OtherCostOrOtherBasisAmt |
| Depreciation | $160,577 | DepreciationAmt |
| Book Value | $357,446 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,925,270 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ERC Voluntary Repayment | Desc |
| Amt | $355,797 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $355,797 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $14,047,640 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $100,046 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,527,538 | OtherRevenueAmt |
| Revenue Not Reported | $1,627,584 | RevenueNotReportedAmt |
| Revenue Subtotal | $12,420,056 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $13,676 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,185,026 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,198,702 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,618,758 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,263,313 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,527,538 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,527,538 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,735,775 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $13,676 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,185,026 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,198,702 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,934,477 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The purpose of the endowment fund is to fund scholarships. Income in excess of corpus plus 10% can be distributed for scholarships. |
| Part XI, Line 2d - Other Adjustments: | Rental Expenses 527,224. Cost of Goods Sold 583,607. Fundraising Events 416,707. |
| Part XI, Line 4b - Other Adjustments: | Scholarships and Conference Discounts 1,185,026. |
| Part XII, Line 2d - Other Adjustments: | Cost of Goods Sold 583,607. Rental Expenses 527,224. Fundraising Events 416,707. |
| Part XII, Line 4b - Other Adjustments: | Scholarships and Conference Discounts 1,185,026. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Vision Weekend | Event1Nm |
| Gross Receipts Event1 | $986,500 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $986,500 | CharitableContriEvent1Amt |
| Rent Facility Costs Event1 | $135,087 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $149,362 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $132,258 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $986,500 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $986,500 | CharitableContributionsTotAmt |
| Rent Fclty Costs Total Events | $135,087 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $149,362 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $132,258 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $416,707 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$416,707 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Conference Discounts | 1644 | $315,320 |
| Scholarship Assistance | 725 | $869,706 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Scholarship assistance is provided to individuals based on predetermined criteria, and upon recommendation by board members or staffs. Assistance is provided in the form of reduced program fees, and recipient achievements are recorded. No cash changes hands, and funds are directly tied to student accounts. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (1) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jeff Myers | ||||||||||||||
| President | $316,722 | $0 | $27,551 | $0 | $0 | $0 | $13,200 | $0 | $22,070 | $0 | $379,543 | $0 | $15,966 | $0 |
| Jeff Wood | ||||||||||||||
| CFO and Treasurer | $226,032 | $0 | $0 | $0 | $0 | $0 | $9,255 | $0 | $17,245 | $0 | $252,532 | $0 | $0 | $0 |
| Aaron Atwood | ||||||||||||||
| VP Advancement | $189,188 | $0 | $15,000 | $0 | $0 | $0 | $8,348 | $0 | $23,204 | $0 | $235,740 | $0 | $0 | $0 |
| Jason Graham | ||||||||||||||
| VP Publishing | $168,096 | $0 | $0 | $0 | $0 | $0 | $6,716 | $0 | $23,231 | $0 | $198,043 | $0 | $0 | $0 |
| Joseph Amandee | ||||||||||||||
| IT Director | $133,157 | $0 | $0 | $0 | $0 | $0 | $5,508 | $0 | $23,160 | $0 | $161,825 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Travel for the President's spouse is included in taxable compensation. |
| Part I, Line 6 | A portion of the bonus paid to Dr. Jeff Myers, President, is calculated based on net income up to a maximum amount established by the board. The bonus also includes amounts awarded for the achievement of targets in areas that include total contributions and number of students participating at end of the year. |
| Part I, Line 7 | The organization made nonfixed payments in the form of discretionary bonuses. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephanie Myers | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family Relationship with President Jeff Myers | RelationshipDescriptionTxt |
| Transaction | $78,750 | TransactionAmt |
| Transaction | Advancement Contract Services | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $69,006 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions represent the number of contributions received, not the number of items donated. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1a | The governing body delegated broad authority to the Executive Committee. The Executive Committee's members include the Chairman and three Directors. The Executive Committee shall have the power to bind Summit Ministries and act on behalf of the entirety of the Board of Directors, provided that, the Executive Committee shall not have the power to delegate any of its powers to any further committee, though it may appoint such committees as it desires for purposes other than to act on behalf of Summit Ministries. By way of example only and without limitation, the Executive Committee may appoint members of additional committees to prepare research and recommend courses of action. Without limiting the foregoing, the Executive Committee shall not have the power to: 1. Elect, appoint, or remove any member of the Board of Directors of Summit Ministries; 2. Amend, restate, alter, or repeal the Articles of Incorporation or Bylaws of Summit Ministries; 3. Whether in one or a series of transactions exceeding 250k, approve a plan of merger or approve a sale, lease, exchange, or other disposition of all or substantially all of the property of Summit Ministries; or 4. Take any other action prohibited by law. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is prepared by an independent CPA firm and is reviewed by the organization's accountant and CFO for accuracy. A copy of the return is then provided to the board of directors for their review prior to being filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | On an annual basis, board members and officers are required to disclose potential conflicts of interest. The CFO reviews the signed statements and the Chair of the Finance Committee also reviews the CFO's statement. This process is overseen by the Executive Committee of the Board of Directors. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. |
| Form 990, Part VI, Section B, line 15 | 15a - A compensation review committee, consisting of independent members of the board, is responsible for recommending compensation for the position of President. As part of their process, the compensation review committee references comparability data, including salary and benefits provided to similar positions at similar organizations. The committee then makes a recommendation to the full board, which votes to approve or deny the recommended compensation package. All related deliberations and decisions are documented in the board minutes. 15b - This same compensation review committee is responsible for reviewing and approving the compensation approach for all staff, including the Chief Financial Officer, and follows the same processes as previously outlined for the President. |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
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