2011-05-10T04:16:06-05:00 2010-12-31 SSA PC 3355 American Drive Colorado Springs CO 809175707 990 2010-01-01 730792333 American Christian College Inc dba Summit Ministries AMER 7196859103 PO Box 207 Manitou Springs CO 808290207 Dr David Noebel 7196859103 2011-05-03 1 William C Sanden CPA 7195740100 2010 2016-03-07 17:11:31Z Dr David Noebel PO Box 207 Manitou Springs CO 808290207 4757899 0 X www.summit.org X 1970 CO To conduct Christian religious, educational and missionary services; to render Christian service, both spiritual and material, to the sick, the aged and the needy; to disseminate, teach and preach the gospel and teachings of Jesus Christ; to encourage and aid the growth, nature and spread of the Christian worldview; to teach, educate, instruct and train young people about God, the Bible, the Christian faith, and Christian values; to promote, encourage, and educate people everywhere regarding America's Christian heritage; to support the promulgation and preservation of Christian doctrines, values and ideals; to establish and operate a four-year Christian liberal arts college; and to support and assist organizations (including without limitation Christian colleges and universities) which are organized and operated for similar purposes. 9 6 152 10 0 0 1184026 1264290 1749001 2297544 8778 245204 463344 318362 3405149 4125400 0 0 0 0 1009938 1631813 0 0 82840 1759735 2491800 2769673 4123613 635476 1787 7019027 7549662 302676 441654 6716351 7108008 X To equip tomorrow's servant leaders to analyze competing worldviews and champion the Christian faith, inspiring each one to love God with his heart, soul, mind and strength. 0 0 1321073 1613269 Summit youth ministries Summer programs - educate students ages 16-24 in Christian worldview thinking, preparing them for the battle of ideas that they will face in college and in culture. The two-week conferences feature over 70 hours of instruction in worldview analysis, Christian apologetics and leadership from a faculty of world-class instructors. Summer conferences are held in Colorado, Virginia and Tennessee. 331299 262240 Summit Semester Program: A 12-week program Christ-centered academic retreat designed for post high school graduates. Prepares young Christian thinkers to address the dichotomy separating faith from reason. Located near Pagosa Springs, Colorado. Major courses include: History of Christian Thought, Christianity and Politics, English Literature Minor courses include: Philosphy, Art, Theology & the Church, Cultural Apologetics, Bible Survey. 374312 318342 International/Oxford Programs: Designed for students of all academic disciplines who have completed at least two years of undergraduate schooling. Two-fold program: a fully accredited ten-week term tutored by Oxford University dons augumented by a four-week course centered on worldview analysis, comunication and leadership, designed to cultivate vision, value and virtue. The venues include lectures, seminar discusssions and conference calls with scholars and authors whose works students have read. 98786 65421 Professional speaking 38283 38272 Adult Conferences: Designed to equip parents, teachers, pastors and lay leaders to understand the biblical Christian, Islamic, Postmodern, Secular Humanist, Marzist and New Age worldviews, as well as the cultural issues where these worldviews battle for supremacy. 700643 399447 Bookhouse, Curriculum, catalog sales. 837712 503140 2864396 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 62 0 152 1 0 0 0 0 0 0 0 0 0 0 X 9 6 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 1 1 0 CO WA X X American Christian College Inc 7196859103 PO Box 207 Manitou Springs CO 808290207 Julie Hays 1.00 X X 0 0 0 Phil Kayser 1.00 X X 0 0 0 Jeff Myers 1.00 X X 0 0 0 Tony Jeffrey 1.00 X 0 0 0 Mark Brezina 1.00 X 0 0 0 Ted Reese 1.00 X 0 0 0 David Noebel 40.00 X X X 421974 0 0 Alice Noebel 2.00 X X 7342 0 0 Mike Mandt 1.00 X 0 0 0 429316 0 0 1 0 1 0 Mennonite Press PO Box 867 Newton KS 67114 Publishing 249543 Citibusiness 100 Citibank Drive San Antonio TX 78245 Banking, investments 237182 Bryan College PO Box 7000 Dayton TN 37321 Conference Facilities 214023 Courier Companies 15 Wellman Avenue N Chelmsford MA 01863 Printing 147972 USFoodservice 11955 E Peakview Ave Centennial CO 80111 Food Service Distributor 100409 5 1264290 1264290 Summer Program 611600 1613269 1613269 Oxford/Intl Programs 611600 318342 318342 Summit Semester 611600 262240 262240 Professional Speaking 611600 65421 65421 Conferences 611600 38272 38272 2297544 245204 245204 141874 254920 -113046 -113046 -113046 777026 377579 399447 399447 Other misc. revenues 900099 31961 31961 31961 4125400 2696991 0 164119 453816 453816 946157 762660 160335 23162 57139 40981 13908 2250 107638 72087 31895 3656 67063 44291 20982 1790 2034 1058 976 22431 22431 113209 78262 6542 28405 22862 11444 10644 774 145183 135426 9757 132472 121354 9585 1533 4123 1273 2850 72938 72938 119866 93869 25997 Operating Expenses 803660 669571 125954 8135 Supplies 425356 402955 22401 Journal 228109 123179 104930 Honorarium 118730 118730 Contract Labor 83350 40704 36579 6067 197477 147825 45434 4218 4123613 2864396 1176377 82840 451097 235846 397928 713664 26809 68409 510670 580076 17750 18640 5743658 2713555 3012932 3030103 2428777 2721267 173064 181657 7019027 7549662 91457 97623 15634 15564 18614 156726 176971 171741 302676 441654 X 5567882 5840147 287505 385822 860964 882039 6716351 7108008 7019027 7549662 X 1787 389870 X 0 1 1 X 0 X 1440987 1527110 1489143 1184026 1264290 6905556 1440987 1527110 1489143 1184026 1264290 6905556 6905556 106614 89954 51085 8778 245204 501635 7407191 4211279 0.93230 0.95270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1221988 1221988 3517150 1856247 1660903 815085 715751 99334 189435 141557 47878 3030103 Securities and Other Investments 2721267 C 2721267 Annuities payable 5361 Deferred compensation 166380 171741 4125400 4123613 1787 389870 389870 391657 5147769 389870 632499 1022369 4125400 0 4125400 4756112 632499 632499 4123613 0 4123613 Description of Uncertain Tax Positions Under FIN 48: Part X: On January 1, 2009, the Organization adopted Accounting for Uncertainty in Income Taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognition, interest, penalties and disclosures required. The Organizations determination as a tax exempt not-for-profit entity is considered a tax position subject to the requirements of Accounting for Uncertainty in Income Taxes. There were no unrecognized tax benefits at December 31, 2010 or 2009, and the Organization does not believe it is reasonably possible that unrecognized tax benefits related to this tax position will significantly increase or decrease within twelve months of the reporting date. The Organization recognizes interest and penalties, if any, related to unrecognized tax benefits in income tax expense. The Organization did not have any accrued liabilities or expense for interest or penalties related to unrecognized tax benefits for the year ended December 31, 2010 or the period ended December 31, 2009. Part XII, Line 2d - Other Adjustments: Cost of goods sold - $377,579 Rent Expenses - $254,920 Part XIII, Line 2d - Other Adjustments: Cost of goods sold - $377,579 Rent Expenses - $254,920 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 The College has always admitted all races impartially and does not base any decision or policy upon the racial composition of the students, staff or faculty. Our website contains a statement of racial nondiscrimination and such statements are included in our brochures and student communications which document our policy. United Kingdom 1 1 Program Service Summit Oxford is a fully accredited ten-week term tutored by Oxford University dons augmented by a four-week course on worldview analysis, communication and leadership. 436621 1 0 1 436621 0 436621 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: The Oxford Program is monitored through a bank account set up with Barclays in England. Summit deposits $5000 a month into this account for the instuctor to pay for necessary expenses of the program. The instuctor then sends the business manager a detailed listing of what the money was spent on. The instructor receives the monthly bank statements. The account is listed in the instructors name since the organization is not a registered charity in England and therefore not allowed to maintain a checking account. Revenues from tuition payments are deposited in the US bank account of Summit Ministries. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: All expenditures are run through a local bank in England. Written receipts for large items are provided on a monthly basis. X 1 1 X X 1 1 0 0 0 0 0 0 0 David Noebel 121974 0 300000 0 0 0 0 0 0 0 421974 0 0 0 Part I, Line 1a Residence was provided for the President: 111 Mowhawk $850/month Part I, Line 4a David Noebel, President participates in a deferred compensation program in the amount of $166,380 shown as a liability on Summit's books. Dr David Noebel President of American Christian College & Christian Anti-Communism Crusade. 34274 Christian Anti-Communisim Crusade leases operating facilities and employees from American Christian College on a monthly basis. 0 Mike Mandt Director of American Christian College 48000 American Christian College leases a facility owned by the director near Pagosa Springs, CO for program presentations 0 Form 990, Part VI, Section A, line 2 On the Board of Directors, the secretary, Alice Noebel is married to the President, Dr. David Noebel. One of the directors is their son-in-law. Summit also rents property in Pagosa Springs from a director for its Semester program. Form 990, Part VI, Section B, line 11 The board reviews the Form 990 and the audited financial statements with the CPA prior to filing the return. Mary Hines, the Business Manager, also reviews Form 990 for accuracy. Form 990, Part VI, Section B, line 15 The CEO's compensation is determined by the board of directors. All other pay is determined by the CEO. A compensation review committee was established at the board meeting in May 2009. Form 990, Part VI, Section C, line 19 Summit Ministries auditied financial statements and Form 990 are available to the public through the on-line searchable database of GuideStar or mail upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 389870. Christian Anti-Communism Crusade 928 Osage Ave Manitou Springs CO 80829 951921156 Educational religious organization CO 501(c)(3) 7 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 1 1