2025-05-05T13:54:40+00:00 2024-12-31 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2024-01-01 730792333 Summit Ministries Inc SUMM 7196859103 PO Box 207 Manitou Springs CO 80829 Jeff Wood CFO & Treasurer 7196859103 2025-05-05 true Shannon Maynard P01585823 5055022746 2025-05-05 2024 2025-03-06 01:10:19Z Dr Jeff Myers PO Box 207 Manitou Springs CO 80829 17074583 false X www.summit.org X 1970 CO Equip & support rising generations to embrace God's truth & champion a biblical worldview. 9 8 242 21 0 8459493 9712326 4317566 4601994 -150246 -216071 991945 664450 13618758 14762699 1185026 1435559 0 6825404 7042901 0 1358656 5924047 6404931 13934477 14883391 -315719 -120692 16838275 16969305 1812393 1843998 15025882 15125307 X 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. false false 5474809 1296743 3667375 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. 2892410 0 1488884 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. 1783695 138816 784288 Summit Gap Year Program - A 24-week Christ-centered academic retreat, 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. 1499399 0 150331 Other Programs - Alumni Network, consulting and honorariums, program related rental activity. 1499399 150331 11650313 true true false false false false false false false true true true false false false false true false false false true false false false true false false false true true false false false false false false false false true false true false false false false false false false false false true 142 0 true 242 true false false false false false false false false false false false false X 9 8 false false false false false false false true true false false false true true true true true true true true false false CA CO CT DC FL GA AL HI IL KS KY ME AK MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA AR WA WV WI X Jeff Wood 7196859103 PO Box 207 Manitou Springs CO 80829 Dr Jeff Myers President 40.0 X X 401417 0 36544 Julie Ambler Chair Person 2.0 X X 0 0 0 Merida Brooks Secretary 2.0 X X 0 0 0 Steve Austin Chair of Finance Committee 2.0 X X 0 0 0 Derek McCoy Director 1.0 X 0 0 0 Drew Ryun Director 1.0 X 0 0 0 Jeffrey Ventrella Director 1.0 X 0 0 0 Melissa Neugebauer Director 1.0 X 0 0 0 Mikkel Mandt Director 1.0 X 0 0 0 Jeff Wood CFO and Treasurer 40.0 X 234923 0 26619 Aaron Atwood VP Advancement 40.0 X 217961 0 31679 Jason Graham VP Program Services 40.0 X 173647 0 29798 Joseph Amandee IT Director 40.0 X 138539 0 28477 Rajeev Shaw Director of Marketing & Sales 40.0 X 123583 0 23946 Roger Erdvig Director of Worldview Education 40.0 X 123872 0 27047 Sinh Nguyen Director of Finance 40.0 X 122683 0 5370 Tim Betelli Director of Donor Relationship 40.0 X 129128 0 22166 1665753 0 231646 12 false true false Global Procurement Solutions 5421 Copper Dr Colorado Springs CO 80918 Printing and shipping 687701 The Parable Group PO Box 3317 San Luis Obispo CA 93103 Advertising 379120 Gideon300 LLC PO Box 452418 Grove OK 74345 Public Relations and Products Services 165811 Earl Cooley (I Know A Guy) 4194 S Ouray Way Aurora CO 80013 Custodian Service 128704 fedEx PO Box 94515 Palatine IL 60094 Shipping Services 117771 6 895000 8817326 66283 9712326 Summit Conferences 611600 3667375 3667375 Summit Gap year-tuition 611600 784288 784288 150331 150331 0 0 4601994 134998 134998 48246 48246 111050 564520 -453470 0 -453470 -453470 287290 0 294790 343569 -7500 -343569 -351069 -351069 0 895000 516745 -516745 -516745 2081144 592260 1488884 1488884 97535 0 0 97535 97535 14762699 6090878 0 -1040505 1435559 1435559 1163956 541051 493085 129820 89500 22375 67125 4391714 3606434 212318 572962 116748 95972 10046 10730 825755 678316 65485 81954 455228 341754 44234 69240 42645 33252 8184 1209 32970 32970 19331 19331 710331 512767 67619 129945 895426 171829 723597 134514 99109 11902 23503 545968 441736 41817 62415 401073 371796 22055 7222 364206 248230 40459 75517 47212 41773 5418 21 414259 389043 18942 6274 89589 76159 11924 1506 Summit Sessions 1921963 1921963 Curriculum Development 235130 235130 Postage, shipping, printing 195906 104442 31734 59730 Licenses, dues, subscriptions 53320 36361 10547 6412 301088 245262 2755 53071 14883391 11650313 1874422 1358656 2986397 2171079 1033952 811874 0 351332 281771 0 0 0 0 304413 301946 348254 481534 13859196 4340045 8925270 9519151 872898 1499697 1901159 1825853 0 114600 76400 0 0 16838275 16969305 823497 1109190 633099 734808 0 0 355797 0 1812393 1843998 X 13974203 14386573 1051679 738734 15025882 15125307 16838275 16969305 -120692 220117 0 X false true true false X 5175468 8083163 7807115 8459493 9712326 39237565 2204895 4696582 6055631 6370737 6683138 26010983 0 0 0 7380363 12779745 13862746 14830230 16395464 65248548 184975 77900 103775 90870 91450 548970 0 0 0 0 0 0 184975 77900 103775 90870 91450 548970 64699578 292077 263209 238748 291257 294294 1379585 0 292077 263209 238748 291257 294294 1379585 0 31976 905760 167098 144530 97535 1346899 7704416 13948714 14268592 15266017 16787293 67975032 0.95181 0.9372 0.02 0.022 X Schedule A, Part III Public Support Test 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 1/2% 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 A, Part III, Line 12 Other Income DESCRIPTION - EMPLOYEE RETENTION CREDIT, COLUMN A - , COLUMN B - 881301.0, COLUMN C - , COLUMN D - 88950.0, COLUMN E - , COLUMN F - 970251.0; DESCRIPTION - MISC REVENUE, COLUMN A - 31976.0, COLUMN B - 24459.0, COLUMN C - 167098.0, COLUMN D - 55580.0, COLUMN E - 97535.0, COLUMN F - 376648.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 652679 86055 738734 605787 46892 652679 651158 -45371 605787 559645 91513 651158 549859 9786 559645 0.0 1.0 0.0 false false 1072964 1072964 11055911 3404032 7651879 1267161 750645 516516 463160 185368 277792 9519151 Closely-held equity interests Financial derivatives Bonds 1386393 F Pooled Funds 439460 F 1825853 15201451 220117 1673525 1893642 13307809 19331 1435559 1454890 14762699 15102026 1673525 1673525 13428501 19331 1435559 1454890 14883391 Schedule D, Part V, Line 4 Intended uses of endowment funds The purpose of the endowment is to fund scholarships. Income in excess of corpus plus 10% can be distributed for scholarships. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Rental expenses - 564520 Cost of Goods Sold - 592260 Fundraising Event Expenses - 516745 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships and Conference discounts - 1435559 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental expenses - 564520 Cost of Goods Sold - 592260 Fundraising Event Expenses - 516745 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships and Conference discounts - 1435559 South Asia 0 0 Program Services Pastor's Training 20581 0 0 0 0 0 0 20581 0 20581 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements SOUTH ASIA-Accrual Fall Vision Weekend 895000 895000 0 94879 141648 280218 0 0 895000 895000 0 94879 141648 280218 516745 -516745 true Conference Discounts 1438 382511 Scholarship Assistance 365 1053048 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Scholarship assistance is provided to individuals based on predetermined criteria, and upon recommendation by board members or staff. Assistance is provided in the form of reduced program fees, and recipient achievements are recorded. No cash changes hands. X X X X false false false false false true false true false Dr Jeff Myers President 339801 0 61616 0 0 0 13800 0 22744 0 437961 0 23119 0 Jeff Wood CFO and Treasurer 234923 0 0 0 0 0 9646 0 16973 0 261542 0 0 0 Aaron Atwood VP Advancement 197961 0 20000 0 0 0 8935 0 22744 0 249640 0 0 0 Jason Graham VP Program Services 173647 0 0 0 0 0 7054 0 22744 0 203445 0 0 0 Joseph Amandee IT Director 138539 0 0 0 0 0 5736 0 22741 0 167016 0 0 0 Tim Betelli Director of Donor Relationship 119128 0 10000 0 0 0 0 0 22166 0 151294 0 0 0 Roger Erdvig Director of Worldview Education 123872 0 0 0 0 0 4358 0 22689 0 150919 0 0 0 Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization The bonus paid to Dr. Jeff Myers (President) includes amounts awarded for achievement of targets in areas that include student conference registrations, curriculum utilization and contribution revenue. One portion of his bonus is calculated based upon net income up to a maximum amount established by the Board. Schedule J, Part I, Line 7 Non-fixed payments The organization made nonfixed payments in the form of discretionary bonuses. Stephanie Myers Family Relationship with President Jeff Myers 89500 Advancement Contract Services false 11 66283 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,499,399 including grants of $ 0)(Revenue $ 150,331) Other Programs - Alumni Network, consulting and honorariums, program related rental activity. Form 990, Part VI, Line 1a Delegate broad authority to a committee The governing body delegated broad authority to the Executive Committee (EC). The EC's members include the Chairman and three directors. The EC shall have the power to bind Summit Ministries and act on behalf of the entirety of the Board of Directors, provided that, the EC shall not have the power to delegate any of its powers to any further committee, though it may appoint such committee as it desires for purposes other than to act on behalf of Summit Ministries. By way of example only and without limitation, the EC may appoint members of additional committees to prepare research and recommend courses of action. Without limiting the foregoing, the EC 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 transaction exceeding $250K, approve a plan or merger or approval of 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, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official 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. Form 990, Part VI, Line 15b Process to establish compensation of other employees The same compensation review committee (Part VI, Line 15a) 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, Line 19 Required documents available to the public The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue All other program revenue - Total Revenue: 150331, Related or Exempt Function Revenue: 150331, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc. revenue - Total Revenue: 97535, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 97535;