Summit Healing Inc
- Assets
- $192.3k
- Revenue
- $907.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Littleton, CO
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-3812410
Organization Overview
Summit Healing Inc is located in Littleton, CO. The organization was established in 2019. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Summit Healing Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Healing Inc 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 12/2022, Summit Healing Inc generated $907.3k in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 156.8% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A COMMUNITY THAT SUPPORTS AND EMPOWERS INDIVIDUALS STRUGGLING WITH CO-OCCURRING DIAGNOSIS. SUMMIT HEALING PROVIDES SUPPORTIVE HOUSING, CONNECTION TO TREATMENT, COMMUNITY INTEGRATION, AND INDEPENDENT LIVING SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SUPPORTIVE SOBER HOUSING, CONNECTION TO TREATMENT, COMMUNITY INTEGRATION, AND INDEPENDENT LIVING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter Shurtleff Executive Dir. | Trustee | 40 | $52,518 |
Larry Wall Director | Trustee | 5 | $0 |
Teri Smith President | Officer | 1 | $0 |
Chanel Berumen Treasurer | Officer | 1 | $0 |
Taylor Reed Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,032 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,412 |
| Total Program Service Revenue | $814,911 |
| Investment income | $0 |
| 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 | $907,323 |
| 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. | $57,535 |
| Compensation of current officers, directors, key employees. | $57,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,029 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,870 |
| Payroll taxes | $33,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,569 |
| Advertising and promotion | $8,981 |
| Office expenses | $25,786 |
| Information technology | $5,036 |
| Royalties | $0 |
| Occupancy | $283,384 |
| Travel | $25,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,178 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $26,152 |
| All other expenses | $0 |
| Total functional expenses | $1,084,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$4,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $176,102 |
| 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 | $10,176 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $192,278 |
| Accounts payable and accrued expenses | $102,730 |
| 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 | $79,785 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $182,515 |
| Net assets without donor restrictions | $0 |
| 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 | $9,763 |
| Total liabilities and net assets/fund balances | $192,278 |