2025-05-22T11:54:39-07:00 2024-06-30 561793406 Apple Koceja & Associates CPAS PA 445 Dolley Madison Road Ste 202 Greensboro NC 27410 990 2023-07-01 560547519 The Summit School Incorporated SUMM 3367222777 2100 Reynolda Road Winston Salem NC 27106 Dr Michael J Ebeling Head of School 2025-05-22 true true Jonathan L Apple CPA P00018416 3368544277 2023 2025-03-06 01:10:19Z Dr Michael J Ebeling 2100 Reynolda Road Winston Salem NC 27106 39611376 false X www.summitschool.com X 1938 NC To provide a challenging curriculum within a caring enviroment to help students develop their full potential. 20 20 352 125 0 1144640 9280932 15920655 16768066 777065 847543 230341 25248 18072701 26921789 2280902 2591940 0 10040766 10965114 0 619790 6517488 6752578 18839156 20309632 -766455 6612157 43486495 50298412 11756751 10860950 31729744 39437462 To provide a challenging curriculum within a caring enviroment to help students develop their full potential. false false 13094112 2591940 16768066 Founded in 1933, Summit School is an independent co-educational day school serving students from Junior Kindergarten through 9th Grade. Summit provides a challenging curriculum within a caring environment to help students develop their full potential. 13094112 true true false false false false false true true true true true false false false true true false true false false false false false false false false false true true true false false false false false false false false false false false true false false false false false false false true 21 0 true 352 true false false false false false false false 0 false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true true false X X Carter Sturkie 3367222777 2100 Reynolda Road Winston Salem NC 27106 Dr Michael J Ebeling Head of School 60.00 0.00 X 354748 0 30052 Carter Sturkie Dir of Fin/Oper 50.00 0.00 X 144080 0 25453 Cindy Kluttz Dir of Advanc 45.00 0.00 108273 0 21509 Christopher Culp Dir. of Technology 40.00 0.00 105896 0 16179 Ben Carson Trustee 0.50 0.00 X 0 0 0 David Ahn Trustee 0.50 0.00 X 0 0 0 Kami Chavis Trustee 0.50 0.00 X 0 0 0 Sandlin Douglas Trustee 0.50 0.00 X 0 0 0 Libby Kelly Trustee 0.50 0.00 X 0 0 0 Ben Baker Trustee 0.50 0.00 X 0 0 0 Melissa Combes Trustee 0.50 0.00 X 0 0 0 Eric Flow Trustee 0.50 0.00 X 0 0 0 Matt Petronzio Trustee 0.50 0.00 X 0 0 0 Ashley Givens Trustee 0.50 0.00 X 0 0 0 Coleman Team Trustee 0.50 0.00 X 0 0 0 Matt McChesney Trustee 0.50 0.00 X 0 0 0 Jennifer Byrne Trustee 0.50 0.00 X 0 0 0 Chris Ohl Trustee 0.50 0.00 X 0 0 0 Rick Maloy Trustee 0.50 0.00 X 0 0 0 Sirena Hargrove-Leak Trustee 0.50 0.00 X 0 0 0 William Woltz Trustee 0.50 0.00 X 0 0 0 Wesley Davis Chair 4.00 0.00 X X 0 0 0 Catherine Allen Treasurer 2.00 0.00 X X 0 0 0 Elisabeth Lovett Secretary 2.00 0.00 X X 0 0 0 712997 93193 4 false true false FLIK Independent Schools Dining PO Box 417632 Boston MA 02241 Food service & catering 1431121 Little Diversified Architectural Consulting 615 S College St Ste 1600 Charlotte NC 28202 Facilities consulting 233989 Hoffman Mechanical Solutions PO Box 77319 Greensboro NC 27417 HVAC Services 332788 Triad Total Care PO Box 1488 Mebane NC 27302 Janitorial 241113 Larmore Landscape Association Inc 2581 Landmark Drive Winston Salem NC 27103 Landscaping 151543 7 9280932 14474 9280932 Afternoon and other progr 611710 1089662 1089662 Auxiliary 611710 848682 848682 Other sources 611710 437132 437132 Tuition 611710 14392590 14392590 16768066 239846 239846 0 0 159888 134640 25248 25248 25248 13162644 12535160 19787 627484 -19787 607697 607697 0 0 0 0 26921789 16768066 872791 0 2591940 2591940 0 0 806190 54821 561108 190261 0 7528133 6630269 645537 252327 371728 371728 1628987 1628987 630076 490668 139408 0 35359 35359 68525 68525 0 0 110373 110373 0 71188 71188 1029689 405726 446761 177202 58350 58350 0 448541 448541 41531 41531 0 150439 115234 35205 368988 368988 0 1154374 1020256 134118 151241 12405 138836 Contracts - other 2049912 1147523 902389 Summer program 377457 377457 Miscellaneous expense 298672 109265 189407 Maintenance 274988 75597 199391 62951 62951 20309632 13094112 6595730 619790 2574464 2660489 5419379 1454232 101396 6420116 197554 296152 0 0 0 0 66957 85931 34794701 17261837 17842665 17532864 110389 4147198 16748982 17279146 0 0 424709 422284 43486495 50298412 1276814 1096261 1320055 1253709 8821972 8029772 337910 481208 11756751 10860950 X 21911639 29247764 9818105 10189698 31729744 39437462 43486495 50298412 X 6612157 1103764 -8203 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X Education false false true 16727454 211034 1403294 65230 806582 17469970 16362231 184123 1048012 58949 807963 16727454 19350815 277699 -1960741 55887 1249655 16362231 15210851 510490 4364994 55395 642590 37535 19350815 14873353 1034545 36443 40614 663219 29657 15210851 0.59140 0.40860 true false false 1754153 1754153 29378554 14692177 14686377 2883208 2081699 801509 778786 487961 290825 17532864 17279146 X 25449677 1103764 -2465503 -1361739 26811416 110373 110373 26921789 17741959 134640 134640 17607319 110373 2591940 2702313 20309632 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o The artwork consists of over 75 individual pieces of oil paintings, Native American art, sculptures, prints, lithographs, water colors, photographs, wood blocks, and other various art forms. The artwork is maintained by the school for educational and instructional purposes. Part III, Line 4: Description of organization's collections and how it furthers its purpose. Donations of art are auctioned off and the revenues are put into the general fund for the operations of the school. Part V, Line 4: Intended uses of the endowment fund. The financial aid for diversity funds are for need-based financial aid for minority students.The Joe H. Parrish Sports Memorial Fund was established for the purpose of providing support for the sports department.The Marian Millaway '69 Douglas Award for Faculty Excellence Fund was established to reward teachers whose excellence and enthusiasm spark the flame of learning in students.The Jessica Marsha Wolfman Exchange Fund was established for the purpose of helping students participate in the exchange program and other school sponsored trips.The Faculty Support Fund was established to provide salaries, benefits and professional growth opportunities for faculty.The Teaching/Learning Center Outreach Fund was established to support outreach programs utilizing the teaching/learning center activities through publication, seminars, workshops, outside resource teachers and explanatory aids for teachers and visitors.The Debell Scholarship Fund was established to support financial aid for deserving students whose family would not otherwise be able to afford an independent school education.The Perkinson Family Travel Fund was established to help students with demonstrated financial need enrich their educational experiences by participating in school-endorsed trips.The General and Summit School Funds were established for the purpose of providing overall support for the school.The Thomas A Gray Endowment Income is made available each year to the head of the school to be used at his/her discretion. The Michelle Lachat Financial Aid Fund and Christian Sisters' Financial Aid Fund were established for the purpose of providing financial aid to qualified students. Part X : FIN48 Footnote It is the Schools policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a more-likely-than-not threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for 2024 and 2023. Currently, the statute of limitations remains open subsequent to and including the year ended June 30, 2021; however, no examinations are in process. Any changes in the amount of a tax position, as well as related penalties and interest, will be recognized in the period the change occurs. Part XII, Line 2d: Other expenses and losses per audited F/S Rental exp netted with revenue on 990 $134640 Special events expenses $0 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships incl in fin stmt revenue $2591940 true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The school published their nondiscriminatory policy in the local newspapers of general circulation that serves all racial segments of the community. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race false 0 0 Employee tuition assistance 63 1067632 Book Financial aid/scholarships 115 1524308 Book X X X false false false false false false false false false Carter Sturkie Dir of Fin/Oper 144080 7728 17725 169533 Dr Michael J Ebeling Head of School 310923 43825 15958 14094 384800 A NC Capital Facilities Fin 561592154 65818PGJ2 2018-05-10 12480000 The bond issue for new constr false false false A 2540000 12840000 117067 12840000 true false true true A false false false false false false false A false false false false false false false false A false X 1 10950 FMV X Artwork framing 1 3524 FMV false false false Form 990, Part VI, Section B, Line 11b The 990 is reviewed by all board members via posting to a secure website prior to filing. Form 990, Part VI, Section B, Line 12c The administrators of the school supervise relationships and transactions on an ongoing basis. Form 990, Part VI, Section B, Line 15a Compensation of head of school is determined using comparability data provided by NAIS school. They also use information reported on other schools' Form 990. The officers and key employees compensation is determined by the head of the school.Head of School: new multi-year employment agreement signed June 30, 2023. Included review by Board of Trustees, included multiple external comparatives, and involved legal counsel. Form 990, Part VI, Section C, Line 18 Copies of Form 990 and 1023 are filed in the Head's office and are available upon request. Form 990, Part VI, Section C, Line 19 Copies of governing documents, conflict of interest policies and financial statements are filed in the business office and are abailable upon request. Form 990, Part XI, Line 9 Change in value of beneficial int trust = -$6885 Form 990, Part XI, Line 9 Change in value of interest rate swap = -$1318 Form 990, Part XII, Line 2c The process has not changed from prior year.