2019-06-07T09:50:59-05:00 2018-12-31 390758449 WIPFLI LLP 101 EAST FRONT STREET 301 MISSOULA MT 59802 990 2018-01-01 810538434 SUMMIT RANCH INC SUMM 4067588116 1605 DANIELSON ROAD KALISPELL MT 59901 TODD FISKE EXECUTIVE DIRECTOR 4067588116 2019-05-28 1 PHILIP L YASENAK CPA P01248379 4067281800 2019-05-28 65.158.74.97 2019-05-28 16:01:15 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 BE7A92E7B0152C1C6812F3C99C620D56F411D8FD 2018 2019-02-21 02:37:17Z SUMMIT PREPARATORY SCHOOL TODD FISKE 1605 DANIELSON ROAD KALISPELL MT 59901 6514517 0 X SUMMITPREPSCHOOL.ORG X 2003 MT SUMMIT PREPARATORY SCHOOL IS A NON-PROFIT, COLLEGE PREPARATORY, THERAPEUTIC BOARDING SCHOOL PROVIDING A SAFE AND EFFECTIVE SOLUTION FOR TEENS IN CRISIS. 6 6 100 0 0 0 826476 1919509 4575161 4551478 -4858 1839 44457 35898 5441236 6508724 227232 200539 0 0 3407598 3465271 0 0 7389 2196874 2158786 5831704 5824596 -390468 684128 9579218 9908465 33306007 32951126 -23726789 -23042661 ON AN EDUCATIONAL AND THERAPEUTIC LEVEL, THE SCHOOL STRIVES FOR EXCELLENCE WITH ADVANCED COLLEGE PREPARATORY ACADEMICS, ALONG WITH CARING AND EFFECTIVE PROFESSIONAL THERAPY. 0 0 4934189 200539 4587376 PROVIDED COLLEGE PREPARATORY ACADEMICS AND CARING, PROFESSIONAL THERAPY FOR TEENS IN CRISIS. 4934189 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 11 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SHANE NIX 4067588116 1605 DANIELSON RD KALISPELL MT 59901 ALEXANDER HABIB PRESIDENT 1.00 1.00 X X 0 0 0 MARK HOSTETTER SECRETARY/ TREASURER 1.00 1.00 X X 0 0 0 JAMES PFENNINGER DIRECTOR 1.00 X 0 0 0 SUSAN HILL DIRECTOR 1.00 X 0 0 0 KATHARINE HENDERSON DIRECTOR 1.00 X 0 0 0 JEFF BORENSTEIN DIRECTOR 1.00 X 0 0 0 TODD FISKE EXECUTIVE DIRECTOR 40.00 X 172579 0 10180 172579 0 10180 1 0 1 0 PEARSON CONSTRUCTION 43 PINE CONE LANE KALISPELL MT 59901 CONSTRUCTION SERVICES 250558 VICTOR HOUSER MD 135 GOOD COUNTRY KALISPELL MT 59901 PSYCHIATRIC SERVICES 134866 2 1919509 1919509 TUITION AND FEES 611110 4549742 4549742 STUDENT STORE 611110 1736 1736 4551478 7632 161 5632 -161 2000 1839 1839 PRIVATELY PAID HEALTH 900099 35898 35898 35898 6508724 4587376 0 1839 200539 200539 182759 180931 1828 2713305 2388521 320620 4164 355540 320259 34928 353 213667 179834 33495 338 3017 3017 26220 26220 207884 180228 27656 70638 42050 27882 706 22336 22336 95811 93895 1916 17712 17167 545 891372 873545 17827 317121 310779 6342 80345 41362 38983 NUTRITION 165095 158491 6604 PUBLIC RELATIONS 97233 97233 THERAPEUTIC ACTIVITIES 52424 52424 REPAIRS AND MAINTENANCE 52091 51049 1042 59487 1710 57777 5824596 4934189 883018 7389 159133 300440 429120 108371 400000 941043 68538 58783 1995 15139 13856303 5385612 8503184 8470691 19243 12003 9579218 9908465 907318 890950 464247 399955 2088517 1679806 29845925 29980415 33306007 32951126 X -23877289 -23076652 150500 33991 -23726789 -23042661 9579218 9908465 684128 0 X X 0 1 X 1 0 X 41600 X X X 0 1346685 1346685 11357052 4378536 6978516 538156 486933 51223 614410 520143 94267 8470691 LONG TERM LINE OF CREDIT 18031769 SHORT-TERM LOAN 407000 ACCRUED INTEREST ON LINE OF CREDIT 11541646 29980415 X 6422984 116509 116509 6306475 202249 202249 6508724 5622347 0 5622347 202249 202249 5824596 PART III, LINE 4: THE ORGANIZATION HAS A WORK OF ART THAT IS USED FOR PUBLIC DISPLY ON THE SCHOOL GROUNDS. PART X, LINE 2: THE SCHOOL IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS NO TAXABLE BUSINESS INCOME UNRELATED TO ITS EXEMPT ACTIVITIES AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE SCHOOL APPLIES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES FOR RECOGNITION OF UNCERTAINTY IN INCOME TAXES AND PRESCRIBING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. THE SCHOOL IS SUBJECT TO EXAMINATION BY TAXING JURISDICTIONS; FOR THE PREVIOUS THREE TAX YEARS. CURRENTLY, THERE ARE NO EXAMINATIONS IN PROGRESS. THE SCHOOL'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES TO INTEREST EXPENSE AND MISCELLANEOUS EXPENSE, RESPECTIVELY, WHEN APPLICABLE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS RELEASED FROM RESTRICTIONS 116,509. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 200,539. CONTRACTUAL AGREEMENT 1,710. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 200,539. CONTRACTUAL AGREEMENT 1,710. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY IS ON APPLICATION FOR ADMISSIONS, WEBSITE & JOB APPLICATIONS. 1 FINANCIAL AID 17 200539 PART I, LINE 2: ALL SCHOLARSHIPS ARE IN THE FORM OF TUITION REDUCTIONS. X X X X X 0 0 0 0 0 0 0 0 0 TODD FISKE EXECUTIVE DIRECTOR 172579 0 0 0 0 0 0 0 10180 0 182759 0 0 0 PART I, LINE 3 THERE IS AN INDEPENDENT PERSONNEL SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. MARK HOSTETTER & ALEX HABIB FOUNDATION OFFICERS MARK HOSTETTER AND ALEXANDER HABIB ARE TRUSTEES OF THE FOUNDATION. 18031769 MARK D. HOSTETTER AND ALEXANDER N. HABIB BOTH CURRENTLY SERVE ON THE BOARD OF DIRECTORS FOR SUMMIT RANCH, INC. AND AS TRUSTEES OF THE MARK D. HOSTETTER AND ALEXANDER N. HABIB FOUNDATION. THE FOUNDATION PROVIDES A LONG-TERM LINE OF CREDIT TO SUMMIT RANCH, INC. 0 MARK HOSTETTER & ALEX HABIB FOUNDATION OFFICERS MARK HOSTETTER AND ALEXANDER HABIB ARE TRUSTEES OF THE FOUNDATION. 407000 MARK D. HOSTETTER AND ALEXANDER N. HABIB BOTH CURRENTLY SERVE ON THE BOARD OF DIRECTORS FOR SUMMIT RANCH, INC. AND AS TRUSTEES OF THE MARK D. HOSTETTER AND ALEXANDER N. HABIB FOUNDATION. THE FOUNDATION PROVIDED A SHORT-TERM LOAN TO SUMMIT RANCH, INC. 0 MARK HOSTETTER & ALEX HABIB FOUNDATION OFFICERS MARK HOSTETTER AND ALEXANDER HABIB ARE TRUSTEES OF THE FOUNDATION. 11541646 MARK D. HOSTETTER AND ALEXANDER N. HABIB BOTH CURRENTLY SERVE ON THE BOARD OF DIRECTORS FOR SUMMIT RANCH, INC. AND AS TRUSTEES OF THE MARK D. HOSTETTER AND ALEXANDER N. HABIB FOUNDATION. ACCRUED INTEREST ON THE SHORT-TERM LOAN AND LINE OF CREDIT PROVIDED BY THE FOUNDATION. 0 FORM 990, PART VI, SECTION A, LINE 2 OFFICERS MARK HOSTETTER AND ALEXANDER HABIB ARE CO-FOUNDERS OF THE MARK D. HOSTETTER & ALEXANDER N. HABIB FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS ALL DOCUMENTS OF THIS NATURE, INCLUDING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE IS CHARGED WITH MONITORING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND ENSURING STATEMENTS ARE FILLED OUT ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN INDEPENDENT PERSONNEL SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 SUMMIT PREPARATORY SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR WHICH THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.