2024-05-15T15:56:26-05:00 2023-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 888 BESTGATE ROAD SUITE 310 ANNAPOLIS MD 21401 990 2022-07-01 521583669 HUMAN DEVELOPMENT CORPORATION TA THE SU HUMA 4107980005 664 EAST CENTRAL AVENUE EDGEWATER MD 21037 AMY MCPHERSON TREASURER 2028366434 2024-05-15 1 AMY MCPHERSON 999009999 0 PATRICK M HANTSKE CPA P00440640 4102244920 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE SUMMIT SCHOOL DR JOAN MELE-MCCARTHY 664 EAST CENTRAL AVENUE EDGEWATER MD 21037 6056173 0 X WWW.THESUMMITSCHOOL.ORG X 1988 MD THE SUMMIT SCHOOL EDUCATES CHILDREN WITH UNIQUE LEARNING PROFILES TO THEIR FULL POTENTIAL. 15 15 73 65 0 0 806019 1319528 3868971 4118446 435566 475478 -33515 83986 5077041 5997438 326000 339706 0 0 3436018 3756200 0 0 334625 902292 1249399 4664310 5345305 412731 652133 13779025 14365249 1605798 1603181 12173227 12762068 THE SUMMIT SCHOOL EDUCATES CHILDREN FROM GRADES ONE THROUGH EIGHT WITH UNIQUE LEARNING PROFILES TO THEIR FULL POTENTIAL. 0 0 4019466 339706 4118446 THE SUMMIT SCHOOL IS A CO-EDUCATIONAL DAY SCHOOL FOR BRIGHT STUDENTS WITH DYSLEXIA AND OTHER LEARNING PROFILES. THE SPECIALIZED CURRICULUM IS BASED ON THE MOST CURRENT RESEARCH AND METHODOLOGIES FOR STUDENTS WITH LANGUAGE BASED LEARNING DIFFERENCES IN GRADES ONE THROUGH EIGHT. TEACHERS ENGAGE IN ON-GOING PROFESSIONAL DEVELOPMENT IN A HIGHLY COLLABORATIVE WORK ENVIRONMENT. THE SUMMIT RESOURCE CENTER PROVIDES THE GREATER COMMUNITY WITH DIAGNOSTIC TESTING SERVICES, INDIVIDUAL TUTORING, SUMMER PROGRAMS, CONSULTATIONS AND FREE WORKSHOPS AND SEMINARS. 4019466 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 73 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4107980005 664 EAST CENTRAL AVE EDGEWATER MD 21037 JENNIFER COADY BOARD MEMBER 2.00 X 0 0 0 NICK CLARK BOARD MEMBER 2.00 X 0 0 0 AMY MCPHERSON TREASURER 2.00 X X 0 0 0 KEVIN CAVANAUGH BOARD MEMBER 2.00 X 0 0 0 DANIEL GROVE BOARD MEMBER 2.00 X 0 0 0 NATHAN POPE JR BOARD MEMBER 2.00 X 0 0 0 PETER DAVIS BOARD CHAIR 2.00 X X 0 0 0 AARON RULEMAN BOARD MEMBER 2.00 X 0 0 0 DR AIMEE FELLOWS-MERKLE VICE CHAIR 2.00 X X 0 0 0 LISA SMITH SECRETARY 2.00 X X 0 0 0 MICHELLE SALTA BOARD MEMBER 2.00 X 0 0 0 TOM SINGLETON BOARD MEMBER 2.00 X 0 0 0 DAVID KENNEDY FORMER FINANCE DIRECTOR 40.00 X 69269 0 0 LYNETTE COLLINS BOARD MEMBER 2.00 X 0 0 0 JIM GARDINER BOARD MEMBER 2.00 X 0 0 0 KIM SIMPSON BOARD MEMBER 2.00 X 0 0 0 DR JOAN MELE-MCCARTHY EXECUTIVE DIRECTOR 40.00 X 198704 0 3660 DR LESLIE EGET DIRECTOR OF PROGRAM SUPPORTS 40.00 X 129945 0 1812 397918 0 5472 2 0 1 0 0 25970 900297 393261 8781 1319528 TUITION & FEES 611600 4118446 4118446 4118446 209819 209819 265659 0 265659 265659 265659 139334 25970 58735 80599 80599 RENTAL INCOME 611600 1825 1825 MISCELLANEOUS INCOME 611600 1562 1562 3387 5997438 4118446 0 559464 339706 339706 252402 252402 3101717 2370586 498199 232932 39107 28827 6999 3281 116904 89431 18705 8768 246070 188452 39823 17795 3410 3410 815 815 57389 57389 36162 36162 6119 6119 153669 107128 15855 30686 157615 70141 86862 612 132100 105680 26420 1245 996 249 233887 187110 46777 39757 31806 7951 MISCELLANEOUS 172644 17157 151098 4389 REPAIRS AND MAINTENANCE 122717 98174 24543 STUDENT ACTIVITIES 113070 113070 SCHOOL SUPPLIES 18800 18800 5345305 4019466 991214 334625 1221834 1242368 2139738 3042732 421293 241490 424702 460735 29570 22583 6913099 3106466 3881255 3806633 5660633 5491485 19000 0 38223 13779025 14365249 700198 469001 851693 1094246 53907 39934 1605798 1603181 X 6478897 7396856 5694330 5365212 12173227 12762068 13779025 14365249 652133 -63292 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36000 36000 4975700 5011700 400585 100146 0 0 400585 400585 600878 36000 36000 100146 100146 150219 PART I-A, LINE 1: THE SUMMIT SCHOOL WORKED WITH A LOBBYING FIRM TO EDUCATE STATE LAWMAKERS ON THE MISSION AND IMPACT OF THE SUMMIT SCHOOL AND TO RAISE AWARENESS ON OUR ROLE OF SUPPORTING SPECIAL EDUCATION. THE SUMMIT SCHOOL ENGAGED A LOBBYING FIRM TO ASSIST THE SCHOOL IN ADVOCATING FOR STATE FUNDING TO SUPPORT CONSTRUCTION OF THE NEW MIDDLE SCHOOL BUILDING. IN ADDITION, THEY ALSO TRACKED LEGISLATION AND TESTIFIED WHERE NECESSARY ON LEGISLATION THAT WOULD HAVE AN IMPACT ON OPERATIONS OF THE SUMMIT SCHOOL. 5287291 353023 532936 5107378 5756646 -469186 169 5287291 4939257 975993 158604 5756646 4836777 249180 146700 4939257 4781563 458055 402841 4836777 0.09000 0.61000 0.30000 0 0 165000 165000 5220274 2182857 3037417 985860 488309 497551 541965 435300 106665 3806633 CAPITAL LEASES 39934 39934 X 5600541 -63292 6101 -57191 5657732 339706 339706 5997438 5011700 6101 6101 5005599 339706 339706 5345305 PART V, LINE 4: TO ENHANCE THE LONG TERM FINANCIAL STABILITY OF THE SCHOOL AND TO FURTHER THE SCHOOL'S GOALS. PART X, LINE 2: THE SCHOOL FOLLOWS THE GUIDANCE OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE SCHOOLS FINANCIAL STATEMENTS. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE SCHOOL DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOLS' FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 339,706. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 339,706. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN ACCORDANCE WITH AIMS. NONDISCRIMINATORY POLICY IS PUBLISHED IN BROCHURES AND WRITTEN COMMUNICATIONS WITH THE PUBLIC WHILE SOLICITING FOR STUDENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDED TUITION AND PAYMENTS FOR ADDITIONAL SERVICES FOR QUALIFIED STUDENTS UNDER THE MARYLAND STATE DEPARTMENT OF EDUCATION UNDER THE NONPUBLIC SPECIAL EDUCATION BUDGET GALA 91060 5625 85435 359 16563 2150 5234 GOLF 46595 7975 38620 15957 900 2235 2 27649 12370 15279 2443 2625 675 9594 165304 25970 139334 2443 18941 18138 2150 17063 58735 80599 0 THE SUMMIT SCHOOL FINANCIAL AID 31 339706 X X X 0 0 0 0 0 0 0 0 0 DR JOAN MELE-MCCARTHY EXECUTIVE DIRECTOR 198704 0 0 0 0 0 3660 0 0 0 202364 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER OF THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR REVIEW THE 990 PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE MEMBERS OF THE BOARD OF DIRECTORS OBTAINED COMPARABLE DATA TO SUBSTANTIATE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THEIR LOCATION. FORM 990, PART XII, LINE 2C: THE SCHOOL IS AUDITED ANNUALLY BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT.