2026-01-14T08:52:38-06:00 2025-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 888 BESTGATE ROAD SUITE 310 ANNAPOLIS MD 21401 990 2024-07-01 521583669 HUMAN DEVELOPMENT CORPORATION TA THE SU HUMA 4107980005 664 EAST CENTRAL AVENUE EDGEWATER MD 21037 JOHN GRANT TREASURER 4439443544 2026-01-13 1 0 PATRICK M HANTSKE CPA P01558697 4102244920 2026-01-13 2024 2025-03-06 01:10:19Z THE SUMMIT SCHOOL DR JOAN MELE-MCCARTHY 664 EAST CENTRAL AVENUE EDGEWATER MD 21037 12626655 0 X WWW.THESUMMITSCHOOL.ORG X 1988 MD THE SUMMIT SCHOOL EDUCATES CHILDREN WITH UNIQUE LEARNING PROFILES TO THEIR FULL POTENTIAL. 14 14 89 61 0 0 1934789 1597365 4367133 4412159 380952 461159 -59044 13652 6623830 6484335 285367 310125 0 0 4048451 4189360 0 0 443244 1254187 1327059 5588005 5826544 1035825 657791 15688797 16713113 1613102 1631440 14075695 15081673 THE SUMMIT SCHOOL EDUCATES CHILDREN FROM GRADES ONE THROUGH EIGHT WITH UNIQUE LEARNING PROFILES TO THEIR FULL POTENTIAL. 0 0 4367556 310125 4412159 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. 4367556 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 1 0 0 0 0 0 0 0 0 1 46 0 1 89 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4107980005 664 EAST CENTRAL AVE EDGEWATER MD 21037 NICK CLARK BOARD MEMBER 2.00 X 0 0 0 DR MELISSA SEGEV BOARD MEMBER 2.00 X 0 0 0 DANIEL GROVE VICE CHAIR 2.00 X X 0 0 0 NATHANIEL POPE BOARD MEMBER 2.00 X 0 0 0 PETER DAVIS BOARD CHAIR 2.00 X X 0 0 0 ROBERT EDWARDS BOARD MEMBER 2.00 X 0 0 0 JAY MCCONNEL BOARD MEMBER 2.00 X 0 0 0 LISA SMITH BOARD MEMBER 2.00 X 0 0 0 MICHELLE SALTA SECRETARY 2.00 X X 0 0 0 TOM SINGLETON BOARD MEMBER 2.00 X 0 0 0 JIM GARDINER BOARD MEMBER 2.00 X 0 0 0 TRENT NEWMAN BOARD MEMBER 2.00 X 0 0 0 JOHN GRANT TREASURER 2.00 X X 0 0 0 DONNA CHANEY BUNN BOARD MEMBER 2.00 X 0 0 0 DR JOAN MELE-MCCARTHY EXECUTIVE DIRECTOR 40.00 X 210510 0 4131 DR LESLIE EGET TESTING CLINICIAN 40.00 X 115004 0 1800 325514 0 5931 2 0 1 0 0 150198 205087 1242080 33126 1597365 TUITION & FEES 611600 4412159 4412159 4412159 381660 381660 6132042 6052543 79499 79499 79499 35150 150198 89777 -54627 -54627 MISCELLANEOUS INCOME 611600 61564 61564 RENTAL INCOME 611600 6715 6715 68279 6484335 4412159 0 474811 310125 310125 264061 264061 3441708 2555050 609954 276704 49134 35186 9595 4353 173121 128629 30608 13884 261336 191115 44057 26164 1250 1250 7930 7930 38805 38805 25500 25500 6703 6703 130778 54208 5161 71409 181089 81628 87151 12310 128741 102993 25748 656 525 131 254290 203432 50858 37562 30050 7512 REPAIRS AND MAINTENANCE 183541 146833 36708 STUDENT ACTIVITIES 119190 119190 RENTAL EXPENSES 95235 95235 MISCELLANEOUS 87283 20790 53573 12920 28506 28506 5826544 4367556 1015744 443244 1695654 2373954 2686009 2376972 633141 945428 253770 22811 27144 23262 7763167 3561193 4240116 4201974 6078337 6701743 15000 11000 59626 55969 15688797 16713113 563934 452994 986645 1118602 62523 59844 1613102 1631440 X 7973059 7944823 6102636 7136850 14075695 15081673 15688797 16713113 657791 348187 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25500 25500 5801044 5826544 441327 110332 0 0 400585 415132 441327 1257044 1885566 36000 30000 25500 91500 100146 103783 110332 314261 471392 5668698 599793 6268491 5107378 561320 5668698 5287291 353023 532936 5107378 5756646 -469186 169 5287291 4939257 975993 158604 5756646 0.08624 0.50325 0.41051 0 0 165000 165000 5026624 2454467 2572157 1026309 588379 437930 607901 518347 89554 937333 937333 4201974 FINANCE LEASE OBLIGATION 17608 OPERATING LEASE OBLIGATION 42236 59844 X 6522397 348187 348187 6174210 310125 310125 6484335 5516419 0 5516419 310125 310125 5826544 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 310,125. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 310,125. 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 106035 74620 31415 17211 8430 17818 3500 4763 GOLF 44768 41033 3735 1080 14371 77 1793 1 34545 34545 11053 2925 3685 3070 185348 150198 35150 29344 25726 21580 3500 9626 89776 -54626 0 THE SUMMIT SCHOOL FINANCIAL AID 22 310125 X X X 0 0 0 0 0 0 0 0 0 DR JOAN MELE-MCCARTHY EXECUTIVE DIRECTOR 210510 0 0 0 0 0 4131 0 0 0 214641 0 0 0 X FUNDRAISING EVENT PRIZES 63 22215 FMV X PROFESSIONAL SERVICES 3 4478 FMV X TRANSPORTATION & TRAVEL 2 2775 FMV X EVENTS TICKETS 20 2176 FMV X EQUIPMENT AND SUPPLIES 2 1200 FMV X FOOD 1 282 FMV 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.