Nonprofit · EIN 88-1892691
SUMMIT HOMESCHOOL ACADEMY
Tax-exempt · CASTLE ROCK, CO 80108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $988,970 | $778,634 | $210,336 | $368,402 | $64,000 | $304,402 |
| June 30, 2024 | 990 | $502,429 | $355,913 | $146,516 | $176,066 | $82,000 | $94,066 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $75,000
- Program service revenue
- $913,005
- Investment income
- $455
- Net income from fundraising events
- $510
- Other revenue
- $510
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $91,154
- Other salaries and wages
- $383,383
- Salaries, compensation and benefits (total)
- $474,537
- Professional fundraising fees
- $0
- Legal fees
- $10,863
- Accounting fees
- $8,141
- Program services (functional)
- $778,634
Balance sheet and other
- Total assets, start of year
- $176,066
- Total assets, end of year
- $368,402
- Total liabilities, end of year
- $64,000
- Net assets, end of year
- $304,402
- Gross receipts
- $988,970
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- CO
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richelle McKim | Director Officer | 40 | $91,154 |
| Deborah Scheffel | Policy Chair Trustee or director | 5 | $0 |
| Bill Cadman | Board President Trustee or director | 5 | $0 |
| Dave Runyan | Board Treasurer Trustee or director | 5 | $0 |
| Emilie Scheid | Board Secretary Trustee or director | 5 | $0 |
| Manuel Lopez | Development & Communications Chair Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richelle McKim | Director Officer | 40 | $59,689 |
| Marilyn Mercer | Teacher of Record Key employee | 20 | $25,915 |
| Bill Cadman | Board President Trustee or director | 5 | $0 |
| Toni Smith | Board Treasurer Trustee or director | 5 | $0 |
| Emilie Scheid | Board Secretary Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 4825 N CROWFOOT VALLEY RD, CASTLE ROCK, CO 80108-9425
- In care of
- % SCHOOL DIRECTOR
- Principal officer (990 for 2024)
- Richelle McKim, 5026 Bear Paw Dr, Castle Rock, CO 80109
- Signed the 990
- Richelle McKim, Director
- Phone
- (303) 515-0727
- Website
- www.summitha.com
- Return prepared by
- Balanced Advantage LLC
Mission
Summit Homeschool Academy is a classical, co-laboring, academic enrichment program. Our mission is to serve homeschool families by providing a plug-and-play program. We are committed to delivering a classical education, which values moral character and wonder in learning. We are also committed to developing local friendships, a rich parent community and supporting education freedom. Our vision is to equip families with the resources they need, to choose homeschool and instill their own worldview into their child's mind, heart and life... Our core virtues are adopted from the principals of natural law as found in the teachings of Dr. Martin Luther King Jr: Freedom, Perseverance, Hope, Justice, Conscience (This is a drop-off program, where parents co-labor with teachers by teaching at-home lessons or supporting homework. We pace the program to deliver a year of lessons in 32 weeks.)
Program accomplishments
- Collaboratively and classically educated K-12 students in core academic classes with an average NPR of 72%Expenses $778,634 · grants $75,000 · revenue $988,970
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-1892691
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $368,402
- Income (IRS master file)
- $988,970
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $988,970 | $778,634 | $368,402 | XML |
| 990 | June 2024 | $502,429 | $355,913 | $176,066 | XML |
| 990-EZ | June 2023 | – | – | – | 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 88-1892691).
Questions about SUMMIT HOMESCHOOL ACADEMY
- What is the EIN of SUMMIT HOMESCHOOL ACADEMY?
- The employer identification number (EIN) of SUMMIT HOMESCHOOL ACADEMY is 88-1892691.
- Is SUMMIT HOMESCHOOL ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to SUMMIT HOMESCHOOL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUMMIT HOMESCHOOL ACADEMY 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 HOMESCHOOL ACADEMY 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 HOMESCHOOL ACADEMY 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 HOMESCHOOL ACADEMY?
- The 990 for the year ended June 30, 2025 names Richelle McKim.
- Who are the officers and directors of SUMMIT HOMESCHOOL ACADEMY?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $91,154 (Richelle McKim, Director).
- How much revenue does SUMMIT HOMESCHOOL ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $988,970, expenses of $778,634 and total assets of $368,402 at year end.
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