2024-10-29T14:47:40-05:00 2024-06-30 300514455 Hoelting & Company Inc 31 East Platte Avenue Suite 300 Colorado Springs CO 80903 990 2023-07-01 812978989 New Summit Academy NEWS 7197494010 7899 Lexington Drive Colorado Springs CO 80920 Maureen Hilborn Business Manager 7197494010 2024-10-25 0 1 Thomas G Sistare P00356968 7196301091 2023 2024-10-15 13:58:12Z Maureen Hilborn 7899 Lexington Drive Colorado Springs CO 80920 8271163 0 X www.newsummitcharter.org X 2016 CO See Schedule O 5 5 121 0 0 0 768969 518809 6734601 7551037 89289 164354 80230 36963 7673089 8271163 0 0 0 0 5980365 6010237 0 0 0 2274309 2810518 8254674 8820755 -581585 -549592 5313223 6606058 8775169 10617596 -3461946 -4011538 To build a safe and educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits. 0 0 6673537 7588000 To build a safe and educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits. 6673537 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 16 0 121 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X The Organization 7197494010 7899 Lexington Drive Colorado Springs CO 80920 Eric Davis Board Chair 10.00 X X 0 0 0 Benjamin Partridge Director at large 5.00 X 0 0 0 Timmothy Caldwell Director at large 5.00 X 0 0 0 Michelle Ruehl Director at large 5.00 X 0 0 0 Jessica Garcia Director at large 5.00 X 0 0 0 Kim Mcclelland Executive Director 40.00 X 147949 0 42780 147949 0 42780 1 0 1 0 0 486192 32617 518809 Pupil Funding 611110 6414673 6414673 Mill Levy Override Rev 611110 640444 640444 Charges for Services 611110 495920 495920 7551037 164354 164354 Misc Revenue 611110 36963 36963 36963 8271163 7588000 0 164354 196593 137615 58978 3634846 2544392 1090454 1676436 1173505 502931 448559 313991 134568 53803 37662 16141 37958 37958 39234 35311 3923 23647 23647 5882 5882 111648 100483 11165 1102287 992058 110229 193 135 58 31256 21879 9377 25099 17569 7530 Purchased Student Servi 514966 463471 51495 Repairs and Maintenance 211571 190414 21157 Purchased Services 211078 189971 21107 Supplies 138451 124606 13845 357248 330475 26773 8820755 6673537 2147218 0 364122 189950 2700127 3143244 33304 20486 2639 0 602523 287604 168124 314919 2044907 2937459 5313223 6606058 730067 781482 4806 0 8040296 9836114 8775169 10617596 X -3691946 -4311538 230000 300000 -3461946 -4011538 5313223 6606058 -549592 0 X X 0 1 X 1 0 X 319515 45571 273944 283008 242033 40975 314919 Deferred Outflows 2828862 Deferred outflows 0 OPEB 108597 2937459 Deferred Inflows 261712 Net Pension Liabilities 9348669 Net OPEB Liabilities 225733 9836114 9265327 994164 994164 8271163 0 8271163 10008324 1187569 1187569 8820755 0 8820755 Part XI, Line 2d - Other Adjustments: Building Corporation Investment Income 71,276. Building Corporation Rental Income 922,888. Part XII, Line 2d - Other Adjustments: Building Corporation Interest Expense and Debt Ammortization 903,784. Building Corporation Depreciation Expense 283,785. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscriminatory policy is publicized in marketing communications and on the School's website to make it known to all parts of the general community it serves. Schedule E, Part I, Line 6 The School receives PPR and grant funding from the Colorado Department of Education. 0 0 0 0 0 0 0 0 0 Kim Mcclelland Executive Director 147949 0 0 0 0 0 42780 0 0 0 190729 0 0 0 Form 990, Part I, Line 1: To build a safe educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the Finance Committee and made avaialble to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed. Form 990, Part VI, Section B, line 12c The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 20 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act. Form 990, Part XII, Line 2c: The finance committe oversees audit services and selection of independent auditors. This has not changed from the prior year. New Summit Charter Academy Building Corporation 7899 Lexington Drive Colorado Springs CO 80920 842667272 Rental of facilities and equipment CO New Summit Academy C 994164 19196229 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 New Summit Charter Academy Building Corporation K 922888 Fair Market Value