The Summit Preparatory School Of Southwest Missouri
- Assets
- $4.2m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 52
- Location
- Springfield, MO
- Founding
- 11/2005
- Data as of
- 07/2021
- EIN
- 75-3166533
Organization Overview
The Summit Preparatory School Of Southwest Missouri is located in Springfield, MO. The organization was established in 2005. 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 07/2021, Summit Preparatory School Of Southwest Missouri employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Preparatory School Of Southwest Missouri 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 07/2021, Summit Preparatory School Of Southwest Missouri generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $2.0m during the year ending 07/2021. While expenses have increased by 3.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE LEARNERS FOR SUCCESS BY PROVIDING A PROGRESSIVE EDUCATION IN A UNIQUELY CHALLENGING AND SUPPORTIVE ENVIRONMENT AND INSPIRE LIFE-LONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SCHOOL IS UNMATCHED BY ANY SCHOOL IN OUR AREA BY PROVIDING AN INTEGRATED AND TAILORED CURRICULUM, A STANDARD OF SMALL CLASSES (18:1), AND PRESENTS DEEPER-LEARNING OPPORTUNITIES FOR OUR STUDENTS. OUR PROGRAM IS DESIGNED TO CHALLENGE OUR EAGER, ABLE STUDENTS, AND TO DEVELOP THEIR SKILLS AND TALENTS TO THEIR FULLEST POTENTIAL. THIS YEAR, OUR SCHOOL SERVED 138 STUDENTS, CONSISTING OF THREE YEAR-OLDS THROUGH TWELFTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Heet Head Of Scho | Officer | 40 | $72,500 |
Kristin Walker Head Of Oper | Officer | 40 | $41,608 |
Dave Bishop Vice Preside | OfficerTrustee | 3 | $0 |
Melissa Gelner President | OfficerTrustee | 3 | $0 |
Jennifer Newman Secretary | OfficerTrustee | 3 | $0 |
Kele Guyer Spo Presiden | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $317,106 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,856 |
| Total Program Service Revenue | $1,453,238 |
| Investment income | $1,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,798 |
| Net Income from Fundraising Events | $34,999 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,230,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $266,223 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,108 |
| Compensation of current officers, directors, key employees. | $114,108 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $835,644 |
| Pension plan accruals and contributions | $6,960 |
| Other employee benefits | $113,015 |
| Payroll taxes | $68,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,113 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,233 |
| Office expenses | $12,479 |
| Information technology | $65 |
| Royalties | $0 |
| Occupancy | $118,537 |
| Travel | $5,083 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $115,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,104 |
| Insurance | $25,475 |
| All other expenses | $6,217 |
| Total functional expenses | $1,959,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,981 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,854 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,213 |
| Prepaid expenses and deferred charges | $27,147 |
| Net Land, buildings, and equipment | $3,569,940 |
| Investments—publicly traded securities | $4,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $589 |
| Total assets | $4,235,944 |
| Accounts payable and accrued expenses | $17,262 |
| Grants payable | $0 |
| Deferred revenue | $689,369 |
| 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 | $3,034,899 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,271 |
| Total liabilities | $3,767,801 |
| Net assets without donor restrictions | $423,809 |
| Net assets with donor restrictions | $44,334 |
| 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 | $4,235,944 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Summit Preparatory School Of Southwest Missouri has recieved totaling $221,721.
| Awarding Organization | Amount |
|---|---|
Schneider Foundation Springfield, MO PURPOSE: BUILDING AND SCHOLARSHIP FUNDING | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $521 |
Endowment Analysis
| Beg. Balance | $3,408 |
| Earnings | $812 |
| Ending Balance | $4,220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Lake Forest Country Day School Lake Forest, IL | $60,294,395 | $16,845,171 |