Summit Classical Christian School
- Assets
- $1.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 41
- Location
- Bellevue, WA
- Founding
- 11/2007
- Data as of
- 06/2023
- EIN
- 20-5735530
Organization Overview
Summit Classical Christian School is located in Bellevue, WA. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Summit Classical Christian School employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Classical Christian School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Summit Classical Christian School generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $2.8m during the year ending 06/2023. While expenses have increased by 24.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST FAITHFUL PARENTS IN THE EDUCATION OF THEIR CHILDREN FROM A BIBLICAL WORLDVIEW USING CLASSICAL METHODS OF TEACHING...ALL TO THE GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMIT CLASSICAL CHRISTIAN SCHOOL BEGAN THE 2021-2022 SCHOOL YEAR IN A NEW BUILDING WITH A NEW HEAD OF SCHOOLS AND MANY NEW FAMILIES AS A PART OF OUR COMMUNITY. DR. GREG FORREST COMPLETED HIS FIRST YEAR WITH SUMMIT AND WORKED WITH THE BOARD OF DIRECTORS AND A TEAM OF CONSULTANTS THROUGH INTO A TIME OF TRANSITION FROM BEING AN OPERATIONAL BOARD TO BEING AN OVERSIGHT BOARD. THEY ALSO RE-EVALUATED AND RE-DEFINED THE VISION FOR OUR SCHOOL.A SIGNIFICANT ACCOMPLISHMENT WAS THE GROWTH BY 49 STUDENTS, FROM 181 STUDENTS IN 2021-2022 TO 230 STUDENTS ENROLLED FOR FALL 2022. THIS WAS THE RESULT OF HARD WORK BY OUR STAFF AND A POSITIVE REPUTATION IN OUR COMMUNITY AS A PLACE FOR FAMILIES LOOKING FOR A SCHOOL TO PARTNER WITH FOR A CLASSICAL CHRISTIAN EDUCATION FOR THEIR CHILDREN. THE YEAR FINISHED WITH ANTICIPATION OF OPENING CLASSES AT A SECOND SITE, A CAMP DOWN THE ROAD FROM OUR CURRENT CHURCH BUILDING, CALVARY CHAPEL EASTSIDE. IT ALSO FINISHED WITH THE HIRING OF 25 NEW STAFF MEMBERS TO ACCOMMODATE CURRENT GROWTH WHILE PREPARING FOR FUTURE GROWTH. ANOTHER POINT OF ANTICIPATION AT THE END OF THE YEAR WAS THE PENDING START OF THE FIRST EVER SUMMIT ATHLETIC PROGRAMS THE FOLLOWING YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Budreau President | OfficerTrustee | 4 | $0 |
Brandon Greger Director | Trustee | 4 | $0 |
Robbie Leib Director | Trustee | 4 | $0 |
Amanda Foxall Secretary | OfficerTrustee | 4 | $0 |
Thomas Merry Treasurer | OfficerTrustee | 4 | $0 |
Joshua White Headmaster | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $500,521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,521 |
| Total Program Service Revenue | $2,198,661 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $261,078 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,531,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,808,797 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $51,829 |
| Payroll taxes | $130,503 |
| Fees for services: Management | $3,061 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,345 |
| Advertising and promotion | $9,710 |
| Office expenses | $21,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300,348 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,519 |
| Insurance | $0 |
| All other expenses | $74,464 |
| Total functional expenses | $2,797,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,863 |
| Savings and temporary cash investments | $286,157 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $690,895 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $106,913 |
| Net Land, buildings, and equipment | $45,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $169,448 |
| Total assets | $1,483,667 |
| Accounts payable and accrued expenses | $4,501 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,955 |
| Total liabilities | $27,456 |
| Net assets without donor restrictions | $1,456,211 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,483,667 |