Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-2039872

SUMMIT CHARTER SCHOOL FOUNDATION INC

Tax-exempt · CASHIERS, NC 28717

Financials

$4.1M$1.1M2022$4.2M$1.2M2023$3.8M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT CHARTER SCHOOL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,830,367$1,546,316$2,284,051$19,862,048$745,706$19,116,342
June 30, 2024990$4,227,148$1,223,574$3,003,574$18,339,201$1,534,570$16,804,631
June 30, 2023990$4,145,327$1,149,750$2,995,577$19,481,904$5,724,489$13,757,415
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,708,339
Program service revenue
$0
Investment income
$43,747
Net income from fundraising events
$76,856
Other revenue
$78,281

Expenses

Grants and similar amounts paid
$692,631
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,279
Occupancy
$14,998
Depreciation
$509,343
Program services (functional)
$1,208,159
Management and general (functional)
$224,639
Fundraising (functional)
$113,518

Balance sheet and other

Total assets, start of year
$18,339,201
Total assets, end of year
$19,862,048
Total liabilities, end of year
$745,706
Net assets, end of year
$19,116,342
Land, buildings and equipment
$15,663,547
Publicly traded securities
$1,586,349
Net assets without donor restrictions
$15,423,236
Net assets with donor restrictions
$3,693,106
Gross receipts
$3,830,367
Employees
0
Volunteers
413
Year formed
1997
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 / weekCompensation
Jennings SarahChair
Trustee or director, Officer
6$0
Dunn DeniceVice-Chair
Trustee or director, Officer
2$0
Hunter RobTreasurer
Trustee or director, Officer
2$0
Stewart DebiSecretary
Trustee or director, Officer
1.5$0
Bates ThomasVoting member
Trustee or director
1$0
Coleman GordonVoting member
Trustee or director
1$0
Dawkins TerryVoting member
Trustee or director
1$0
Foster PatchVoting member
Trustee or director
1$0
Hudson AndrewVoting member
Trustee or director
1$0
Lupas WendyVoting member
Trustee or director
1$0
Placko RomanVoting member
Trustee or director
1$0
Reeves EricVoting member
Trustee or director
1$0
Stewart TaylorVoting member
Trustee or director
1$0
Snoey CarrieVoting member
Trustee or director
2$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensation
Jennings SarahChair
Trustee or director, Officer
2$0
Dunn DeniceVice-Chair
Trustee or director, Officer
2$0
Hunter RobTreasurer
Trustee or director, Officer
2$0
Stewart DebiSecretary
Trustee or director, Officer
2$0
Bates ThomasVoting member
Trustee or director
1$0
Coleman GordonVoting member
Trustee or director
1$0
Dawkins TerryVoting member
Trustee or director
1$0
Foster PatchVoting member
Trustee or director
1$0
Hudson AndrewVoting member
Trustee or director
1$0
Kenfield MitchVoting member
Trustee or director
1$0
Placko RomanVoting member
Trustee or director
1$0
Snoey CarrieVoting member
Trustee or director
1$0
Stewart TaylorVoting member
Trustee or director
1$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
Jennings SarahChair
Trustee or director, Officer
2$0
Chapin SarahVice-Chair
Trustee or director, Officer
2$0
Hunter RobTreasurer
Trustee or director, Officer
2$0
Stewart DebiSecretary
Trustee or director, Officer
2$0
Benitez JoniVoting member
Trustee or director
1$0
Dunn DeniceVoting member
Trustee or director
1$0
Foster PatchVoting member
Trustee or director
1$0
Hudson AndrewVoting member
Trustee or director
1$0
Kenfield MitchVoting member
Trustee or director
1$0
Newsome BertVoting member
Trustee or director
1$0
Placko RomanVoting member
Trustee or director
1$0
Snoey CarrieVoting member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 2493, CASHIERS, NC 28717-2493
In care of
% RAY DANIEL
Principal officer (990 for 2024)
Rob Hunter, PO Box 2493, Cashiers, NC 28717
Signed the 990
Rob Hunter, Treasurer
Phone
(828) 743-9630
Return prepared by
Prager Metis CPAs PLLC

Mission

Support Organization-School

990 for the year ended June 30, 2025

Program accomplishments

  • Support for Charter School. The organization raised money to purchase the building, furnishings and equipment
    Expenses $1,208,159 · grants $692,631

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
56-2039872
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$19,862,048
Income (IRS master file)
$3,830,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,830,367$1,546,316$19,862,048IRS
990June 2024$4,227,148$1,223,574$18,339,201XML
990June 2023$4,145,327$1,149,750$19,481,904XML
990June 2022$951,435$1,019,212$10,743,475IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 56-2039872).

Questions about SUMMIT CHARTER SCHOOL FOUNDATION INC

What is the EIN of SUMMIT CHARTER SCHOOL FOUNDATION INC?
The employer identification number (EIN) of SUMMIT CHARTER SCHOOL FOUNDATION INC is 56-2039872.
Is SUMMIT CHARTER SCHOOL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SUMMIT CHARTER SCHOOL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT CHARTER SCHOOL FOUNDATION 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 CHARTER SCHOOL FOUNDATION 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 CHARTER SCHOOL FOUNDATION 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 CHARTER SCHOOL FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Rob Hunter.
Who are the officers and directors of SUMMIT CHARTER SCHOOL FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does SUMMIT CHARTER SCHOOL FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,830,367, expenses of $1,546,316 and total assets of $19,862,048 at year end.

Other nonprofits in CASHIERS

All nonprofits in CASHIERS · North Carolina · Education