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Nonprofit · EIN 56-0547519

SUMMIT SCHOOL INC

Tax-exempt · WINSTON SALEM, NC 27106

Financials

$26.9M$20.3M2023$23.5M$20.8M2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$23,456,435$20,819,206$2,637,229$54,214,336$11,215,408$42,998,928
June 30, 2024990$26,921,789$20,309,632$6,612,157$50,298,412$10,860,950$39,437,462
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,583,071
Program service revenue
$18,403,944
Investment income
$1,090,821
Net rental income
$75,401
Net gain from sales of assets
$637,368
Net income from fundraising events
$243,992
Other revenue
$1,378,599

Expenses

Grants and similar amounts paid
$2,799,001
Compensation of officers, directors and key employees
$1,044,952
Other salaries and wages
$7,671,132
Salaries, compensation and benefits (total)
$10,897,927
Professional fundraising fees
$0
Legal fees
$14,958
Accounting fees
$54,100
Occupancy
$434,177
Travel
$28,607
Depreciation
$1,114,965
Program services (functional)
$13,734,893
Management and general (functional)
$6,469,177
Fundraising (functional)
$615,136

Balance sheet and other

Total assets, start of year
$50,298,412
Total assets, end of year
$54,214,336
Total liabilities, end of year
$11,215,408
Net assets, end of year
$42,998,928
Land, buildings and equipment
$19,167,799
Publicly traded securities
$4,341,216
Net assets without donor restrictions
$26,636,745
Net assets with donor restrictions
$16,362,183
Gross receipts
$23,678,963
Employees
356
Volunteers
100
Year formed
1938
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Dr Michael J EbelingHead of School
Officer
60$397,363$35,314
Carter SturkieDir of Fin/Oper
Officer
50$155,174$26,977
Tom GethingDir Lwr School45$103,862$47,964
Cindy KluttzDir of Advnc & Enr45$117,627$24,348
Christopher CulpDir. of Technology40$112,757$23,567
Ben CarsonTrustee
Trustee or director
0.5$0$0
Leigh KomanTrustee
Trustee or director
0.5$0$0
Shon GilmoreTrustee
Trustee or director
0.5$0$0
Sandlin DouglasTrustee
Trustee or director
0.5$0$0
Libby KellyTrustee
Trustee or director
0.5$0$0
Ben BakerTrustee
Trustee or director
0.5$0$0
Melissa CombesTrustee
Trustee or director
0.5$0$0
Eric FlowTrustee
Trustee or director
0.5$0$0
Matt PetronzioTrustee
Trustee or director
0.5$0$0
Anna MunroeTrustee
Trustee or director
0.5$0$0
9 more people on this return
NameTitleHours / weekCompensation
Coleman TeamTrustee
Trustee or director
0.5$0
Matt McChesneyTrustee
Trustee or director
0.5$0
Anthony TangTrustee
Trustee or director
0.5$0
Chris OhlTrustee
Trustee or director
0.5$0
Rick MaloyTrustee
Trustee or director
0.5$0
William WoltzTrustee
Trustee or director
0.5$0
Wesley DavisChair
Trustee or director, Officer
4$0
Catherine AllenTreasurer
Trustee or director, Officer
2$0
Elisabeth LovettSecretary
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
Dr Michael J EbelingHead of School
Officer
60$354,748$30,052
Carter SturkieDir of Fin/Oper
Officer
50$144,080$25,453
Cindy KluttzDir of Advanc45$108,273$21,509
Christopher CulpDir. of Technology40$105,896$16,179
Ben CarsonTrustee
Trustee or director
0.5$0$0
David AhnTrustee
Trustee or director
0.5$0$0
Kami ChavisTrustee
Trustee or director
0.5$0$0
Sandlin DouglasTrustee
Trustee or director
0.5$0$0
Libby KellyTrustee
Trustee or director
0.5$0$0
Ben BakerTrustee
Trustee or director
0.5$0$0
Melissa CombesTrustee
Trustee or director
0.5$0$0
Eric FlowTrustee
Trustee or director
0.5$0$0
Matt PetronzioTrustee
Trustee or director
0.5$0$0
Ashley GivensTrustee
Trustee or director
0.5$0$0
Coleman TeamTrustee
Trustee or director
0.5$0$0
Matt McChesneyTrustee
Trustee or director
0.5$0$0
Jennifer ByrneTrustee
Trustee or director
0.5$0$0
Chris OhlTrustee
Trustee or director
0.5$0$0
Rick MaloyTrustee
Trustee or director
0.5$0$0
Sirena Hargrove-LeakTrustee
Trustee or director
0.5$0$0
William WoltzTrustee
Trustee or director
0.5$0$0
Wesley DavisChair
Trustee or director, Officer
4$0$0
Catherine AllenTreasurer
Trustee or director, Officer
2$0$0
Elisabeth LovettSecretary
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
2100 REYNOLDA RD, WINSTON SALEM, NC 27106-5115
Principal officer (990 for 2024)
Dr Michael J Ebeling, 2100 Reynolda Road, Winston Salem, NC 27106
Signed the 990
Dr Michael J Ebeling, Head of School
Phone
(336) 722-2777
Return prepared by
Apple Koceja & Associates CPAS PA

Mission

To provide a challenging curriculum within a caring enviroment to help students develop their full potential.

990 for the year ended June 30, 2025

Program accomplishments

  • Founded in 1933, Summit School is an independent co-educational day school serving students from Junior Kindergarten through 9th Grade. Summit provides a challenging curriculum within a caring environment to help students develop their full potential.
    Expenses $13,734,893 · grants $2,799,001 · revenue $18,403,944

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-0547519
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24Z)
Assets (IRS master file)
$54,214,336
Income (IRS master file)
$23,678,963

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$18,072,701$18,839,156$43,486,495IRS
990June 2022$18,816,912$17,485,257$43,925,006IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about SUMMIT SCHOOL INC

What is the EIN of SUMMIT SCHOOL INC?
The employer identification number (EIN) of SUMMIT SCHOOL INC is 56-0547519.
Is SUMMIT SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to SUMMIT SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT SCHOOL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SUMMIT SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SUMMIT SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SUMMIT SCHOOL INC?
The 990 for the year ended June 30, 2025 names Dr Michael J Ebeling.
Who are the officers and directors of SUMMIT SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 24 people; 5 received compensation from the organization, the highest $397,363 (Dr Michael J Ebeling, Head of School).
How much revenue does SUMMIT SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $23,456,435, expenses of $20,819,206 and total assets of $54,214,336 at year end.

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