Summit Academy Inc
- Assets
- $1.6m
- Revenue
- $741.5k
- Investments
- $0.0
- Employees
- 32
- Location
- South Abington Twp, PA
- Founding
- 03/2011
- Data as of
- 08/2022
- EIN
- 27-1962061
Organization Overview
Summit Academy Inc, operating under the name Summit Christian Academy, is located in South Abington Twp, PA. The organization was established in 2011. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2022, Summit Christian Academy employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Christian Academy 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 08/2022, Summit Christian Academy generated $741.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $619.1k during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A CHRISTIAN, NON-PUBLIC, NON-LICENSED SCHOOL FOR THE PURPOSE OF A BIBLICALLY-BASED AND A CHRIST-CENTERED EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ELEMENTARY AND SECONDARY PROGRAMS OF INSTRUCTION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Gard Supervising Administrator | Officer | 40 | $7,322 |
Jean Lynott President | Officer | 5 | $0 |
Melissa Selenski Secretary | Officer | 5 | $0 |
Jessica Doneses Vice President | Officer | 5 | $0 |
Paul Dimler Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,188 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,494 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,682 |
| Total Program Service Revenue | $545,506 |
| Investment income | $293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,481 |
| 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 | $346,006 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,703 |
| Payroll taxes | $26,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,882 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $504 |
| Office expenses | $3,354 |
| Information technology | $5,611 |
| Royalties | $0 |
| Occupancy | $38,505 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $440 |
| Interest | $16,533 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,452 |
| Insurance | $8,226 |
| All other expenses | $4,861 |
| Total functional expenses | $619,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,821 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,302,344 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,608,625 |
| Accounts payable and accrued expenses | $553 |
| Grants payable | $5,219 |
| Deferred revenue | $298,658 |
| 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 | $385,714 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $690,144 |
| Net assets without donor restrictions | $918,481 |
| 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 | $1,608,625 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summit Academy Inc has recieved totaling $23,359.
| Awarding Organization | Amount |
|---|---|
The United Way Of Lackawanna And Wayne Counties Scranton, PA PURPOSE: TO PROVIDE PRE-KINDERGARDEN EDUCATION AND SCHOLARSHIPS | $23,359 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of The Lawrenceville School Lawrenceville, NJ | $908,146,906 | $142,227,478 |
The Hill School Pottstown, PA | $339,549,890 | $89,638,080 |
Regents Of The Mercersburg College Mercersburg, PA | $535,140,744 | $49,172,082 |
Gilman School Inc Baltimore, MD | $238,892,271 | $38,036,593 |
Blair Academy Blairstown, NJ | $256,075,147 | $54,316,334 |
Holton-Arms School Inc Bethesda, MD | $133,918,121 | $38,119,997 |
Western Reserve Academy Hudson, OH | $203,998,204 | $58,141,913 |
The Seven Hills Schools Cincinnati, OH | $111,206,150 | $34,365,521 |
Morristown-Beard School Morristown, NJ | $71,175,267 | $35,071,625 |
Pennington School Pennington, NJ | $95,126,184 | $33,377,887 |
St Andrews Episcopal School Inc Potomac, MD | $83,174,031 | $30,817,454 |
St Andrews School Of Delaware Inc Middletown, DE | $398,873,444 | $32,788,416 |