Summit Christian Academy FY2024 filing

Spokane, WAUnknown exempt organization EIN 46-4565045Revenue $679K in FY2024

On file with the IRS4224 E 4th Ave · Spokane, WA

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To provide educational services for grades k-12 from a Christian perspective.

81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $7K a year · 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$40K
100% of total assets
Concern: liabilities are 100% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$679K
+22% vs prior year
Spent
$711K
To programs
81%
Net assets
$178
By yearFY2020–FY2025
Revenue
$679K
FY2024▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$479K
FY2021$392K
FY2022$748K
FY2023$555K
FY2024$679K
FY2025$722K
Expenses
$711K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$452K
FY2021$428K
FY2022$663K
FY2023$643K
FY2024$711K
FY2025$722K
Net assets
$178
FY2024▼ -99%
Tap a bar for its year
Net assets by fiscal year
FY2020$72K
FY2021$35K
FY2022$120K
FY2023$33K
FY2024$178
FY2025$0

From the FY2024 Form 990 (year ending July 2024) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $577K Management & general 18% · $131K Fundraising 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Summit Christian Academy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers Christian-based educational services for K-12 students.

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Provided by the organization

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1 program · $577K · in their own filed words · FY2023
01

Summit Christian Academy (SCA) is partnering with parents to educate students in Bible knowledge and in a Christian worldview, to develop understanding in evangelical Christian values and principles, to train students in moral character, to provide quality academic education in knowledge and understanding, and to promote service to God…

$577Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$679K
Ln 12
Fees for servicesLn 2g$620K
Gifts and grantsLn 1h$42K
Other incomeLn 4–11$16K
Money outPt IX
$711K
Ln 25
Programscol B$577K
Managementcol C$131K
Fundraisingcol D$4K
Owns and owesPt X
$178
net assets · Ln 32
Cash and savingsLn 1–2$35K
Total assetsLn 16$40K
LiabilitiesLn 26$40K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$42K
Fees for servicesLn 2g$620K
Investment incomeLn 3$259
Other incomeLn 4–11$16K
Gains on assetsLn 7$0
Total revenueLn 12$679K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$3K
Cash and savings togetherLn 1–2$35K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1
Total assetsLn 16$40K
LiabilitiesLn 26$40K
Net assetsLn 32$178
OperationsPt I, VI
EmployeesI 518
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$38K$35K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$47K$40K
LiabilitiesLn 26$15K$40K
Net assetsLn 32$33K$178
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$412K$330K$82K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$37K$29K$7K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$2K$619
Office expensesLn 13$5K$4K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$105K$84K$21K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$120K$107K$13K
All other expensesLn 24e$28K$20K$4K$4K
Total functional expensesLn 25$711K$577K$131K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $722K$722K−$178$0 990 PDF
FY2024 Viewing $679K$711K−$33K$178 990 PDF
FY2023 $555K$643K−$88K$33K 990 PDF
FY2022 $748K$663K$85K$120K 990 PDF
FY2021 $392K$428K−$37K$35K 990 PDF
FY2020 $479K$452K$27K$72K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $678,671 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,620$42,480
I-9 Program service revenuePrior year $534,560$619,611
I-10 Investment incomePrior year $175$259
I-11 Other revenuePrior year $11,554$16,321
I-12 Total revenuePrior year $554,909$678,671
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $413,714$448,692
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $228,898$262,524
I-18 Total expensesPrior year $642,612$711,216
I-19 Revenue less expensesPrior year −$87,703−$32,545
Part VI · Governance 0 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $678,671 across 10 lines filed
Lines not itemized here account for $150 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$42,480
VIII-1h Total contributions, gifts and grants$42,480
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $619,611$619,611
VIII-3 Investment incomeExcluded from tax $259$259
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $16,171$16,171
VIII-12 Total revenueRelated to mission $635,932 · Excluded from tax $259$678,671
Part IX · Statement of functional expenses $711,216 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $329,679 · Management $82,420$412,099
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $29,274 · Management $7,319$36,593
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,300$1,300
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $2,475 · Management $619$3,094
IX-13 Office expensesPrograms $4,255 · Management $1,064$5,319
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $83,898 · Management $20,975$104,873
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $107,014 · Management $12,792$119,806
IX-24e All other expensesPrograms $20,472 · Management $4,094 · Fundraising $3,566$28,132
IX-25 Total functional expensesPrograms $577,067 · Management $130,583 · Fundraising $3,566$711,216
Part X · Balance sheet $39,923 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $11,469$32,259
X-2 Savings and temporary cash investmentsStart of year $26,437$2,696
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $5,270$3,609
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $4,060$1,358
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $47,236$39,923
X-17 Accounts payable and accrued expensesStart of year $1,600$17,541
X-19 Deferred revenueStart of year $12,545$21,893
X-25 Other liabilitiesStart of year $368$311
X-26 Total liabilitiesStart of year $14,513$39,745
X-27 Net assets without donor restrictionsStart of year $32,723$178
X-32 Total net assets or fund balancesStart of year $32,723$178
X-33 Total liabilities and net assetsStart of year $47,236$39,923
Part XI · Reconciliation of net assets $178 net assets at year end
XI-1 Total revenue$678,671
XI-2 Total expenses$711,216
XI-3 Revenue less expenses−$32,545
XI-4 Net assets at start of year$32,723
XI-10 Net assets at end of year$178

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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