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Summit Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841430606 ✦ Cottonwood, ID ✦ Designated as a 501(c)(3)

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Overview

What is Summit Academy Inc?

Summit Academy Inc, operating under the name St. John Bosco Academy, is a Catholic nonprofit organization situated in Cottonwood, Idaho. With a team of 52 dedicated individuals, they manage a school providing education from preschool to grade 12. Their mission is multifaceted, encompassing the teaching, education, and formation of students, as stated in their motto: "To Teach, To Educate, To Form." The school offers a safe and nurturing environment for young learners, providing them with a well-rounded academic and personal growth experience.


Official website here: www.summitacademyid.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)**

Summit Academy Inc, doing business as St John Bosco Academy, holds a Three-Star rating on Charity Navigator, reflecting a solid performance primarily based on its accountability and financial management. The organization shows strength in governance with a high percentage of independent board members and effective asset management. Notably, they report no material diversion of assets, which is a positive indicator of financial integrity.

However, there are significant areas where the organization lacks adequate policies and documentation. Key policies such as conflict of interest and whistleblower policies are missing, which raises concerns about operational transparency. Additionally, the absence of financial statements impacts their score negatively, although the academy maintains a high ratio of program expenses, suggesting that a large proportion of funds directly supports their educational mission.

User reviews from GreatNonprofits were not available for this organization. Therefore, feedback on public sentiment and specific experiences related to St John Bosco Academy could not be captured. Overall, while the academy demonstrates strong financial health and governance, the lack of essential policies and documentation is an area for improvement.


This AI summary has been generated from information found on Charity Navigator.

Is Summit Academy Inc legitimate?

Summit Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,048

For more financial information, click here


Official website here: www.summitacademyid.com

What is the mission statement of Summit Academy Inc?

Summit Academy Inc, functioning as St. John Bosco Academy, manages a Catholic nonprofit school catering to preschool and grades K-12. Their mission, as expressed, is centered around education and character development. The school aims to 'teach, to educate, to form,' implying a holistic approach to learning, encompassing academic growth and moral development. The institution's objectives extend to preschoolers as well, encouraging early education and foundational learning.


Official website here: www.summitacademyid.com

Who is the CEO of Summit Academy Inc?

Maurice Seubert is the President of Summit Academy Inc.


Official website here: www.summitacademyid.com

What is the revenue of Summit Academy Inc?

Summit Academy Inc's revenue in 2023 was $8,055,730.


Official website here: www.summitacademyid.com

Who are the executives of Summit Academy Inc and what are their salaries?

The average compensation at Summit Academy Inc during 2023 was $10,674. There are 52 employees at Summit Academy Inc.


Here are 6 key members and their salaries:


Patrick Hagen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Prigge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Seubert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Nuxoll (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Bock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.summitacademyid.com

Where can I find the form 990 for Summit Academy Inc?

Summit Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.summitacademyid.com

Learn more at the official website: www.summitacademyid.com

Mission Statement of Summit Academy Inc

Summit Academy Inc Dba St John Bosco Academy, as a Catholic nonprofit organization, is committed to managing a school for students from preschool to grade 12. The institution's mission, in simpler terms, is to provide a nurturing environment for teaching, education, and character formation. It strives to impart not just academic knowledge but also moral values, thereby shaping well-rounded individuals. The nonprofit's guiding principle can be encapsulated as "to teach, to educate, to form." By incorporating faith-based teachings into its curriculum, Summit Academy Inc Dba St John Bosco Academy aims to cultivate a strong sense of morality and ethics in its students, preparing them for their future endeavors and helping them become responsible members of society.

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Impact




July, 2024

Summit Academy Inc Dba St John Bosco Academy's impact lies in providing a Catholic education for students in grades K-12 and preschool in Cottonwood, Idaho. By focusing on teaching, educating, and shaping young minds, the academy plays a crucial role in nurturing the intellectual, emotional, and spiritual growth of its students. Through its commitment to its mission of education and formation, St John Bosco Academy helps shape the future generation with values rooted in the Catholic faith.




This information is meant to be a general summary of Summit Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,055,730 (2023)
Expenses
$859,332 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,839
  • Program Service Revenue: $261,209
  • Gross Receipts: $8,136,712

Assets and Liabilities:

  • Total Assets: $15,480,002
  • Total Liabilities: $505,512
  • Net Assets: $14,974,490

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION, FEES,TEXTS, ETC.

Revenue

$261,209

Organization Details

Principal Officer

Maurice Seubert

Main Address

PO BOX 427, COTTONWOOD, ID, 83522

NTEE Category

Code: B20 - Education

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