Totals
- Total revenue
- $17,953,025
- Total expenses
- $15,422,049
- Contributions and grants received
- $13,133,588
- Grants paid
- $2,525,620
- Program service revenue
- $4,760,676
- Investment income
- $23,528
- Other revenue
- $35,233
- Total assets, end of year
- $21,768,604
- Total liabilities, end of year
- $2,518,292
- Net assets or fund balances, end of year
- $19,250,312
- Program services expenses (Part IX)
- $11,505,628
- Management and general expenses
- $2,660,564
- Fundraising expenses
- $1,255,857
- Program service expenses (Part III)
- $11,505,628
Program services were 74.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$691,541
-
1e · Government grants (contributions)
$3,113,790
-
1f · All other contributions, gifts and grants
$9,328,257
-
1g · Noncash contributions included above
$54,457
-
2a · Program service revenue: TUITION
total $4,404,019 · related or exempt $4,404,019
-
2b · Program service revenue: OTHER PROGRAM REVENUE
total $315,239 · related or exempt $315,239
-
2c · Program service revenue: SOLAR ACTIVITY REVENUE
total $37,036 · related or exempt $37,036
-
2d · Program service revenue: DINING REVENUE
total $4,382 · related or exempt $4,382
-
3 · Investment income
total $23,528 · excluded $23,528
-
6a · Gross rents
real property $129,600
-
6b · Less rental expenses
real property $301,017
-
6c · Rental income or loss
real property -$171,417
-
6d · Net rental income or loss
total -$171,417 · excluded -$171,417
-
8a · Fundraising events: gross income
$42,900
-
8a · Fundraising events: contributions included on line 1c
$691,541
-
8b · Fundraising events: direct expenses
$164,184
-
8c · Net income from fundraising events
total -$121,284 · excluded -$121,284
-
11a · Other revenue: INSURANCE PROCEEDS
total $327,934 · excluded $327,934
-
11e · Other revenue, total
$327,934
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,525,620 · program services $2,525,620
-
5 · Compensation of officers, directors and key employees
total $1,276,198 · program services $338,808 · management and general $727,281 · fundraising $210,109
-
7 · Other salaries and wages
total $6,208,715 · program services $4,824,116 · management and general $961,847 · fundraising $422,752
-
8 · Pension plan contributions
total $121,532 · program services $115,996 · management and general $1,891 · fundraising $3,645
-
9 · Other employee benefits
total $599,506 · program services $514,945 · management and general $51,214 · fundraising $33,347
-
10 · Payroll taxes
total $562,320 · program services $448,247 · management and general $76,895 · fundraising $37,178
-
11b · Fees: legal
total $137,429 · management and general $137,429
-
11c · Fees: accounting
total $48,167 · management and general $48,167
-
11d · Fees: lobbying
total $74,000 · management and general $74,000
-
11e · Fees: professional fundraising services
total $77,585 · fundraising $77,585
-
11g · Fees: other
total $899,331 · program services $660,620 · management and general $115,123 · fundraising $123,588
-
12 · Advertising and promotion
total $414,591 · program services $409,691 · fundraising $4,900
-
13 · Office expenses
total $494,638 · program services $441,030 · management and general $46,725 · fundraising $6,883
-
16 · Occupancy
total $383,208 · program services $351,874 · management and general $21,124 · fundraising $10,210
-
17 · Travel
total $106,448 · program services $77,063 · management and general $26,833 · fundraising $2,552
-
20 · Interest
total $39,375 · program services $184 · management and general $22,783 · fundraising $16,408
-
22 · Depreciation, depletion and amortization
total $612,990 · program services $549,382 · management and general $36,964 · fundraising $26,644
-
24a · Other expenses: BAD DEBT EXPENSE
total $413,543 · management and general $213,543 · fundraising $200,000
-
24b · Other expenses: DUES/SUBSCRIPTIONS
total $193,865 · program services $138,217 · management and general $41,734 · fundraising $13,914
-
24c · Other expenses: EQUIPMENT RENTAL & MAIN
total $37,530 · program services $33,493 · management and general $2,354 · fundraising $1,683
-
24e · All other expenses
total $195,458 · program services $76,342 · management and general $54,657 · fundraising $64,459
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,417,088 · end of year $4,208,347
-
2 · Savings and temporary cash investments
beginning of year $1,039,623 · end of year $1,095,832
-
3 · Pledges and grants receivable
beginning of year $4,364,099 · end of year $2,710,033
-
4 · Accounts receivable
beginning of year $971,365 · end of year $1,291,078
-
9 · Prepaid expenses and deferred charges
beginning of year $170,014 · end of year $58,298
-
10a · Land, buildings and equipment: cost or other basis
$12,484,318
-
10b · Land, buildings and equipment: accumulated depreciation
$6,961,827
-
10c · Land, buildings and equipment, net
beginning of year $5,683,760 · end of year $5,522,491
-
11 · Investments: publicly traded securities
beginning of year $3,773,454 · end of year $6,666,223
-
15 · Other assets
beginning of year $399,951 · end of year $216,302
-
17 · Accounts payable and accrued expenses
beginning of year $1,145,741 · end of year $1,373,371
-
19 · Deferred revenue
beginning of year $149,719 · end of year $309,878
-
25 · Other liabilities
beginning of year $1,032,852 · end of year $835,043
-
27 · Net assets without donor restrictions
beginning of year $10,495,418 · end of year $14,509,256
-
28 · Net assets with donor restrictions
beginning of year $5,995,624 · end of year $4,741,056
Mission and programs · 2023
Mission
TO ASSIST INDIVIDUALS IN DEVELOPING THEIR ABILITY TO EARN AND BECOME CONTRIBUTING CITIZENS IN THEIR COMMUNITY. WE SUPPORT THE DEVELOPMENT OF SELF SUFFICIENCY IN EVERY PERSON REGARDLESS OF BACKGROUND, ECONOMIC STATUS, OR LEVEL OF ABILITY. WE STRENGTHEN THE COMMUNITY BY PREPARING INDIVIDUALS TO ASSUME THEIR ROLES AS WORKERS, CITIZENS, AND PARENTS.
Activities or mission (Part I)
ASSIST INDIVIDUALS TO DEVELOP THEIR ABILITY TO EARN AND TO BECOME CONTRIBUTORS IN THEIR COMMUNITY.
-
SUMMIT ACADEMY OIC IS A NON-PROFIT VOCATIONAL TRAINING AND EDUCATIONAL CENTER BASED IN NORTH MINNEAPOLIS WITH 50 YEARS' EXPERIENCE HELPING TWIN CITIES' RESIDENTS IN ECONOMICALLY DEPRESSED NEIGHBORHOODS ACQUIRE THE TOOLS THEY NEED TO BECOME EDUCATED, EMPLOYED, AND SELF-SUPPORTING. SUMMIT ACADEMY IS THE ONLY COMMUNITY-BASED VOCATIONAL TRAINING AND JOB-PLACEMENT PROGRAM IN NORTH MINNEAPOLIS ACCREDITED BY THE COUNCIL ON OCCUPATIONAL EDUCATION AND REGISTERED WITH THE MINNESOTA HIGHER EDUCATION SERVICES OFFICE.AT SUMMIT ACADEMY OIC, WE BELIEVE THE BEST SOCIAL SERVICE PROGRAM IN THE WORLD IS A JOB. GRADUATES FROM OUR ADULT EDUCATION PROGRAMS ARE GIVEN THE OPPORTUNITY TO LIFT THEMSELVES UP FROM A LIFE OF POVERTY AND HOPELESSNESS ONTO A PATH THAT WILL LEAD TO A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. WHERE BEFORE, THESE MEN AND WOMEN WERE LIMITED BY CHRONIC UNEMPLOYMENT, A COMPLETE LACK OF RESOURCES, AND IN MANY CASES, A LACK OF FAITH IN THEMSELVES, THEY NOW HAVE THE CHANCE TO FUNDAMENTALLY CHANGE THEIR CIRCUMSTANCES BY INCREASING THEIR INCOME AND THEIR QUALITY OF LIFE. WHEN ADULTS WORK FULL-TIME LIVING-WAGE JOBS, THEY BECOME ROLE MODELS TO YOUNG ADULTS AND CHILDREN, FAMILIES BECOME MORE STABLE, AND THE CYCLE THAT HAS KEPT THEIR COMMUNITIES POOR AND CRIME-RIDDEN IS BROKEN. THESE POSITIVE CHANGES CONTINUE TO RIPPLE OUT EVEN FURTHER INTO THE LARGER COMMUNITY AS FEWER SOCIAL SERVICES AND INCARCERATION COSTS ARE INCURRED AND GRADUATES BEGIN TO PAY TAXES. AFTER RECEIVING TRAINING IN COMMUNITY HEALTHCARE, ENERGY EFFICIENCY AND GREEN CONSTRUCTION, THESE GRADUATES HAVE GONE ON TO WORK IN JOBS THAT DIRECTLY IMPROVE MINNESOTA'S INFRASTRUCTURE.SUMMIT ACADEMY OFFERS ADULT EDUCATION AND SUPPORT SERVICES THAT ARE TAILORED TO THE SPECIFIC NEEDS OF THE COMMUNITIES WE SERVE. OUR CAREER AND TECHNOLOGY CENTER PROVIDES PRE-APPRENTICE TRAINING IN CONSTRUCTION (HUNDRED HARD HATS PROGRAM), WITH SPECIFIC TRACKS IN CARPENTRY AND ELECTRICAL WORK. THE CTC ALSO OFFERS PROGRAMS IN MEDICAL ADMINISTRATIVE ASSISTANT , INFORMATION TECHNOLOGY CAREERS AND IN 2024 WE INITIATED TRAINING IN FINANCIAL SERVICES. IN ADDITION TO THE POST SECONDARY OFFERINGS SUMMIT OFFERS A CONTEXTUALIZED GED PROGRAM THAT PROVIDES INDIVIDUALS WITHOUT A HIGH SCHOOL DIPLOMA THE OPPORTUNITY TO EARN A GED IN CONJUNCTION WITH ATTAINTING AN ADVANCED CERTIFICATE IN THE AFOREMENTIONED CARRERS. ALL CAREER TRACKS ARE ALL SUPPORTED WITH SERVICES THAT DEVELOP STUDENTS' LIFE SKILLS AND ASSIST IN JOB SEEKING, PLACEMENT, AND RETENTION.IN THIS FISCAL YEAR (JULY 1, 2023- JUNE 30, 2024), SUMMIT'S CAREER AND TECHNOLOGY CENTER SERVED 954 ADULT STUDENTS, AND 559 OBTAINED THEIR GED OR GRADUATED WITH A VOCATIONAL TRAINING CERTIFICATE OF COMPLETION. OVER THAT TIME SUMMIT PLACED 331 ADULTS IN EMPLOYMENT. JOB EARNINGS FOR ALL PROGRAMS ARE AT A MEDIAN OF $21 PER HOUR.
Expenses $11,505,628 · Grants $2,525,620 · Revenue $4,760,676
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bill ParkerBILL PARKER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Miquel Purvis McMooreMIQUEL PURVIS MCMOORE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jim TorborgJIM TORBORG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Wayne GrayWAYNE GRAY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
David JuranDAVID JURAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark MoorehouseMARK MOOREHOUSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heidi WeaverHEIDI WEAVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave NorbackDAVE NORBACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric GrutznerERIC GRUTZNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karl HurstonKARL HURSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura GroschenLAURA GROSCHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Idrissa DavisIDRISSA DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristin DennewillKRISTIN DENNEWILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom ZirbsTOM ZIRBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kirsten WalstienKIRSTEN WALSTIEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ouraphone Siri Outhay WillsOURAPHONE SIRI OUTHAY WILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Esther Ledesma PumarolESTHER LEDESMA PUMAROL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leroy WestLEROY WEST
CEO
- Total calculated
- $272,600
- From this org
- $253,590
- From related orgs
- $0
- Other
- $19,010
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,382
- Bonus
- $37,208
- Other
- $0
- Deferred
- $4,541
- Nontaxable benefits
- $14,469
- Filer's total
- $272,600
-
Marc L CarrierMARC L CARRIER
CFO
- Total calculated
- $233,256
- From this org
- $211,754
- From related orgs
- $0
- Other
- $21,502
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,546
- Bonus
- $37,208
- Other
- $0
- Deferred
- $7,516
- Nontaxable benefits
- $13,986
- Filer's total
- $233,256
-
Hope PattersonHOPE PATTERSON
COO
- Total calculated
- $173,326
- From this org
- $148,215
- From related orgs
- $0
- Other
- $25,111
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,929
- Bonus
- $19,286
- Other
- $0
- Deferred
- $5,686
- Nontaxable benefits
- $19,425
- Filer's total
- $173,326
-
Sarah ArmstrongSARAH ARMSTRONG
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $168,508
- From this org
- $153,372
- From related orgs
- $0
- Other
- $15,136
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,930
- Bonus
- $20,442
- Other
- $0
- Deferred
- $5,655
- Nontaxable benefits
- $9,481
- Filer's total
- $168,508
-
Anne-Marie KuiperANNE-MARIE KUIPER
CHIEF STRATEGY OFFICER
- Total calculated
- $152,786
- From this org
- $136,737
- From related orgs
- $0
- Other
- $16,049
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,909
- Bonus
- $19,828
- Other
- $0
- Deferred
- $4,787
- Nontaxable benefits
- $11,262
- Filer's total
- $152,786
-
Miriam WilliamsMIRIAM WILLIAMS
CHIEF ACADEMIC OFFICER
- Total calculated
- $183,823
- From this org
- $176,943
- From related orgs
- $0
- Other
- $6,880
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,361
- Bonus
- $24,582
- Other
- $0
- Deferred
- $6,068
- Nontaxable benefits
- $812
- Filer's total
- $183,823
-
Megan NormandinMEGAN NORMANDIN
DIRECTOR OF DATA & EVALUATION
- Total calculated
- $152,047
- From this org
- $136,111
- From related orgs
- $0
- Other
- $15,936
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,283
- Bonus
- $19,828
- Other
- $0
- Deferred
- $4,778
- Nontaxable benefits
- $11,158
- Filer's total
- $152,047
-
Amanda SommerfeldAMANDA SOMMERFELD
DIRECTOR OF ACCOUNTING
- Total calculated
- $130,449
- From this org
- $117,227
- From related orgs
- $0
- Other
- $13,222
- Hours/week
- 40
-
Anthony O'BrienANTHONY O'BRIEN
DIRECTOR OF PROGRAMMING
- Total calculated
- $140,049
- From this org
- $133,725
- From related orgs
- $0
- Other
- $6,324
- Hours/week
- 40
-
Jamil MohammedJAMIL MOHAMMED
DIRECTOR OF INFORMATION TECH
- Total calculated
- $127,556
- From this org
- $111,143
- From related orgs
- $0
- Other
- $16,413
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 6a · Pay contingent on this organization's net earnings
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 6
- ALL STAFF THAT WAS EMPLOYED IN FISCAL YEAR AND AND EMPLOYED ON PAYMENT DATE RECEIVED A BOARD APPROVED BONUS BASED ON BOTTOM LINE RESULTS
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422759349301242
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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