2025-11-14T05:36:11-06:00 2025-06-30 300514455 Hoelting & Company Inc 31 East Platte Avenue Suite 300 Colorado Springs CO 80903 990 2024-07-01 812978989 New Summit Academy NEWS 7197494010 7899 Lexington Drive Colorado Springs CO 80920 Maureen Hilborn Business Manager 7197494010 2025-11-03 0 1 Thomas G Sistare P00356968 7196301091 2024 2025-03-06 01:10:19Z Maureen Hilborn 7899 Lexington Drive Colorado Springs CO 80920 9892952 0 X www.newsummitcharter.org X 2016 CO See Schedule O 5 5 109 0 0 0 518809 868768 7551037 7632523 164354 395596 36963 996065 8271163 9892952 0 0 0 0 6010237 6082051 0 0 0 2810518 3315714 8820755 9397765 -549592 495187 6606058 6584906 10617596 10434000 -4011538 -3849094 To build a safe and educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits. 0 0 7177172 8628588 To build a safe and educational community that emphasizes a love of learning, and inspires and empowers students to reach New Summits. 7177172 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 35 0 109 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 Benjamin Partridge Board Chair 10.00 X X 0 0 0 Timmothy Caldwell Vice President 5.00 X X 0 0 0 Michelle Ruehl Director at large 5.00 X 0 0 0 Jessica Garcia Secretary 5.00 X 0 0 0 Tina Leone Director at large 5.00 X 0 0 0 Kim Mcclelland Executive Director 40.00 X 157754 0 46254 157754 0 46254 1 0 1 0 0 843455 25313 868768 Pupil Funding 611110 6749191 6749191 District Mill Levy 611110 632300 632300 Charges for Services 611110 251032 251032 7632523 395596 395596 ERTC Tax Credit 611110 903908 903908 Miscellaneous Revenue 611110 92157 92157 996065 9892952 8628588 0 395596 214514 150160 64354 3999833 2799883 1199950 1215466 850826 364640 584277 408994 175283 67961 47573 20388 19324 19324 79769 71792 7977 38049 38049 11163 11163 106289 95660 10629 1408896 1268006 140890 1851 1296 555 65266 45686 19580 21559 15091 6468 Purchased Student Servi 635066 571559 63507 Other Purchased Service 380210 342189 38021 Non-Capital Equipment 150122 150122 Repairs and Maintenance 126868 114181 12687 271282 244154 27128 9397765 7177172 2220593 0 189950 109496 3143244 4085794 20486 116860 29668 630489 337112 314919 293377 2937459 1949711 6606058 6584906 781482 831203 434205 9836114 9168592 10617596 10434000 X -4311538 -4144094 300000 295000 -4011538 -3849094 6606058 6584906 495187 -332743 0 X X 0 1 X 1 0 X 326220 91080 235140 304269 246032 58237 293377 Deferred Pension Outflows 1884847 Deferred OPEB Outflows 64864 1949711 Deferred Inflows 544281 Net Pension Liability 8473959 Net OPEB Liability 150352 9168592 11166345 1273393 1273393 9892952 0 9892952 10837587 1439822 1439822 9397765 0 9397765 Part XI, Line 2d - Other Adjustments: Building Corporation Investment Income 70,506. Building Corporation Rental Income 1,202,887. Part XII, Line 2d - Other Adjustments: Building Corporation Interest Expense and Debt Ammortization 903,782. Building Corporation Depreciation Expense 531,540. Building Corporation Bank Fees 4,500. 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 157754 0 0 0 0 0 46254 0 0 0 204008 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 1273393 19010694 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 1202887 Fair Market Value