Totals
- Total revenue
- $58,227,781
- Total expenses
- $52,814,960
- Contributions and grants received
- $53,358,480
- Grants paid
- $0
- Program service revenue
- $2,508,231
- Investment income
- $1,594,425
- Other revenue
- $766,645
- Total assets, end of year
- $68,464,260
- Total liabilities, end of year
- $27,010,991
- Net assets or fund balances, end of year
- $41,453,269
- Program services expenses (Part IX)
- $47,515,032
- Management and general expenses
- $4,961,087
- Fundraising expenses
- $338,841
- Program service expenses (Part III)
- $47,515,032
Program services were 90.0% 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.
-
1e · Government grants (contributions)
$48,013,151
-
1f · All other contributions, gifts and grants
$5,345,329
-
2a · Program service revenue: SERVICE FEES
total $2,432,418 · related or exempt $2,432,418
-
2b · Program service revenue: FIELD TRIP REVENUE
total $75,813 · related or exempt $75,813
-
3 · Investment income
total $1,594,425 · excluded $1,594,425
-
11a · Other revenue: OTHER
total $766,645 · excluded $766,645
-
11e · Other revenue, total
$766,645
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $607,931 · program services $530,428 · management and general $71,110 · fundraising $6,393
-
7 · Other salaries and wages
total $24,646,470 · program services $21,504,376 · management and general $2,882,913 · fundraising $259,181
-
8 · Pension plan contributions
total $3,882,333 · program services $3,530,408 · management and general $326,069 · fundraising $25,856
-
9 · Other employee benefits
total $2,548,017 · program services $2,298,171 · management and general $221,523 · fundraising $28,323
-
10 · Payroll taxes
total $437,470 · program services $377,966 · management and general $54,615 · fundraising $4,889
-
11a · Fees: management
total $351,041 · program services $48,749 · management and general $302,292
-
11b · Fees: legal
total $569,966 · management and general $569,966
-
11c · Fees: accounting
total $129,712 · program services $129,712
-
11g · Fees: other
total $8,272,654 · program services $8,075,081 · management and general $197,514 · fundraising $59
-
13 · Office expenses
total $226,416 · program services $217,453 · management and general $8,910 · fundraising $53
-
14 · Information technology
total $52,164 · program services $52,164
-
16 · Occupancy
total $4,310,975 · program services $4,310,975
-
17 · Travel
total $188,250 · program services $152,842 · management and general $24,125 · fundraising $11,283
-
20 · Interest
total $60,082 · program services $60,082
-
22 · Depreciation, depletion and amortization
total $631,158 · program services $631,158
-
23 · Insurance
total $499,388 · program services $350,721 · management and general $148,667
-
24a · Other expenses: INSTRUCTIONAL MATERIALS
total $1,831,299 · program services $1,718,292 · management and general $112,911 · fundraising $96
-
24b · Other expenses: EXPEDITIONS COMMUNITY P
total $1,310,987 · program services $1,295,128 · management and general $14,864 · fundraising $995
-
24c · Other expenses: OTHER EXPENSES
total $965,926 · program services $954,243 · management and general $10,951 · fundraising $732
-
24d · Other expenses: FOOD AND SUPPLIES
total $834,386 · program services $824,293 · management and general $9,460 · fundraising $633
-
24e · All other expenses
total $458,335 · program services $452,790 · management and general $5,197 · fundraising $348
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,535,861 · end of year $1,257,686
-
2 · Savings and temporary cash investments
beginning of year $30,669,833 · end of year $31,688,324
-
4 · Accounts receivable
beginning of year $8,597,691 · end of year $9,351,534
-
9 · Prepaid expenses and deferred charges
beginning of year $740,923 · end of year $722,590
-
10a · Land, buildings and equipment: cost or other basis
$7,211,101
-
10b · Land, buildings and equipment: accumulated depreciation
$6,382,040
-
10c · Land, buildings and equipment, net
beginning of year $1,282,361 · end of year $829,061
-
12 · Investments: other securities
beginning of year $1,050,919 · end of year $1,209,305
-
13 · Investments: program-related
beginning of year $0 · end of year $5,908,434
-
15 · Other assets
beginning of year $32,142,739 · end of year $17,497,326
-
17 · Accounts payable and accrued expenses
beginning of year $4,147,215 · end of year $2,645,340
-
19 · Deferred revenue
beginning of year $8,696,668 · end of year $4,511,356
-
25 · Other liabilities
beginning of year $34,903,731 · end of year $19,854,295
-
27 · Net assets without donor restrictions
beginning of year $27,611,875 · end of year $40,757,730
-
28 · Net assets with donor restrictions
beginning of year $660,838 · end of year $695,539
Mission and programs · 2023
Mission
OPERATES COLLEGE PREPARATORY CALIFORNIA CHARTER SCHOOLS, AND PROGRAMS TO DEVELOP TEACHERS AND SCHOOL LEADERS TO ADDRESS THE CONTINUALLY EVOLVING NEEDS OF THE EDUCATIONAL ECOSYSTEM.
Activities or mission (Part I)
SUMMIT PUBLIC SCHOOLS (SPS) IS A NONPROFIT, CALIFORNIA PUBLIC BENEFIT CORPORATION, DESIGNED TO TRAIN, CONSULT AND ADVISE PUBLIC SCHOOL TEACHERS AND ADMINISTRATORS; TO SUPPORT, MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE PUBLIC CHARTER SCHOOLS (THE SCHOOLS); AND FOR OTHER CHARITABLE EDUCATIONAL PURPOSES AS MAY OCCUR FROM TIME TO TIME. SPS IS ECONOMICALLY DEPENDENT ON STATE AND FEDERAL FUNDING. THE CHARTERS MAY BE REVOKED BY THEIR AUTHORIZERS FOR MATERIAL VIOLATIONS OF THE CHARTER, FAILURE TO MEET PUPIL OUTCOMES IDENTIFIED IN THE CHARTER, FAILURE TO MEET GENERALLY ACCEPTED STANDARDS OF FISCAL MANAGEMENT, OR VIOLATION OF ANY PROVISION OF THE LAW.
-
CHARTER SCHOOLS PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. DURING THE YEAR ENDED JUNE 30, 2024, SUMMIT PUBLIC SCHOOLS OPERATED 7 CHARTER SCHOOLS AND SERVED APPROXIMATELY 2,500 STUDENTS, AND TEACHER AND LEADER TRAINING PROGRAMS TO RESPOND TO THE DIVERSE NEEDS OF COMMUNITIES IN THE CONTEXT OF CONTINUOUSLY EVOLVING EDUCATIONAL ECO-SYSTEMS. ALSO PROVIDES SCHOOL SERVICE SUPPORT TO SUMMIT PUBLIC SCHOOLS - WASHINGTON
Expenses $47,515,032 · Revenue $2,508,231
As filed on the 2023 return.
Listed in Part VII
-
Cady ChingCADY CHING
CHIEF EXECUTIVE OFFICER
- Total calculated
- $247,209
- From this org
- $193,757
- From related orgs
- $0
- Other
- $53,452
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $193,757
- Bonus
- $0
- Other
- $0
- Deferred
- $41,226
- Nontaxable benefits
- $12,226
- Filer's total
- $247,209
-
Edward LeeEDWARD LEE
CHIEF FINANCIAL OFFICER
- Total calculated
- $243,763
- From this org
- $218,752
- From related orgs
- $0
- Other
- $25,011
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $218,752
- Bonus
- $0
- Other
- $0
- Deferred
- $24,382
- Nontaxable benefits
- $629
- Filer's total
- $243,763
-
Caitlyn HermanCAITLYN HERMAN
CHIEF ACADEMIC OFFICER
- Total calculated
- $266,062
- From this org
- $202,551
- From related orgs
- $0
- Other
- $63,511
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,551
- Bonus
- $0
- Other
- $0
- Deferred
- $44,304
- Nontaxable benefits
- $19,207
- Filer's total
- $266,062
-
Felix LiFELIX LI
CHIEF OPERATIONS OFFICER
- Total calculated
- $233,495
- From this org
- $186,883
- From related orgs
- $0
- Other
- $46,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,883
- Bonus
- $0
- Other
- $0
- Deferred
- $21,835
- Nontaxable benefits
- $24,777
- Filer's total
- $233,495
-
Gregory PonikvarGREGORY PONIKVAR
EXECUTIVE DIRECTOR, MARSHALL STREET
- Total calculated
- $226,515
- From this org
- $172,759
- From related orgs
- $0
- Other
- $53,756
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,759
- Bonus
- $0
- Other
- $0
- Deferred
- $29,695
- Nontaxable benefits
- $24,061
- Filer's total
- $226,515
-
Brett Van ZuidenBRETT VAN ZUIDEN
CHIEF INFO OFFICER
- Total calculated
- $203,823
- From this org
- $178,774
- From related orgs
- $0
- Other
- $25,049
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,774
- Bonus
- $0
- Other
- $0
- Deferred
- $20,396
- Nontaxable benefits
- $4,653
- Filer's total
- $203,823
-
Johnathan StewartJOHNATHAN STEWART
ED, SUMMIT TAHOMA
- Total calculated
- $225,404
- From this org
- $185,454
- From related orgs
- $0
- Other
- $39,950
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,454
- Bonus
- $0
- Other
- $0
- Deferred
- $38,816
- Nontaxable benefits
- $1,134
- Filer's total
- $225,404
-
Diego ArambulaDIEGO ARAMBULA
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Rober OsterROBER OSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steven HumphreysSTEVEN HUMPHREYS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew ThompsonANDREW THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy ZunigaJIMMY ZUNIGA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michele HansenMICHELE HANSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth ChoiELIZABETH CHOI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SUMMIT PUBLIC SCHOOLS WASHINGTON
501C3 · CHARTER HIGH SCHOOL · WA · controlled entity
Directly controlled by SUMMIT PUBLIC SCHOOLS
-
COMMUNITY HIGH SCHOOL FOUNDATION
501C3 · SUPPORTING FOUNDATION · CA · controlled entity
Directly controlled by SUMMIT PUBLIC SCHOOLS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510769349302006
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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