2023-05-10T02:00:08+00:00 2022-12-31 363990892 Capin Crouse 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2022-01-01 730792333 Summit Ministries Inc SUMM 7196859103 PO Box 207 Manitou Springs CO 80829 Jeff Wood CFO & Treasurer 7196859103 2023-05-10 true Dr Jeff Myers 999009999 true Daren Daiga P01074795 5055022746 2022 2023-04-26 12:10:37Z Dr Jeff Myers PO Box 207 Manitou Springs CO 80829 14546013 false X www.summit.org X 1970 CO Equip & support rising generations to embrace God's truth & champion a biblical worldview. 9 8 221 18 111034 0 8083163 7807115 2787276 3814739 91725 -41105 1396288 726431 12358452 12307180 482846 774253 0 0 4298280 5960826 0 0 1244890 4451477 5179205 9232603 11914284 3125849 392896 15859073 16145920 742010 904365 15117063 15241555 X Summit Ministries is an educational Christian ministry with the purpose of equipping tomorrow's servant leaders to analyze competing worldviews and champion the Christian faith, inspiring each one to love God with all his heart, soul, mind, and strength. false false 3937904 712693 3160671 Summit Youth Ministries Summer Programs - Educate students ages 16-25 in Christian worldview thinking, preparing them for the battle of ideas that they will face in college and in culture. The two-week in person conferences feature over 60 hours and one-week virtual (through ZOOM) conferences feature over 30 hours of instruction in worldview analysis, Christian apologetics and leadership from a faculty of world-class instructors. 1826766 1643304 Curriculum development and sales - published materials to educate students and adults in Christian worldview thinking, preparing them for the battle of ideas that they will face in college and in culture. 868857 61560 578852 Summit Semester Program - A 12-week Christ-centered academic retreat, located near Pagosa Springs, Colorado, designed for post high school graduates. The retreat prepares young Christian thinkers to address the dichotomy separating faith from reason. Major courses include History of Christian Thought, Christianity and Politics, and English Literature. Minor courses include Philosophy, Art, Theology & the Church, Cultural Apologetics, and Bible Survey. 2293114 0 75216 Other Programs - Alumni Network, consulting and honorariums. 2293114 75216 8926641 true true false false false false false false true true false false false false false true false false false false false false false true false false false true true false false false false false false true false true false false false false false false false false true 134 0 true 221 true true true false false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true true false CA CO CT DC FL GA AL HI IL KS KY ME AK MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA AR WA WV WI X Jeff Wood 7196859103 PO Box 207 Manitou Springs CO 80829 Jeff Myers President 40.0 X X 309258 0 81051 Julie H Ambler Chair Person 2.0 X X 0 0 0 Merida Brooks Secretary 2.0 X X 0 0 0 Steve Austin Chair of Finance Committee 2.0 X X 0 0 0 Derek McCoy Director 1.0 X 0 0 0 Drew Ryun Director 1.0 X 0 0 0 Jeffrey Ventrella Director 1.0 X 0 0 0 Melissa Neugebauer Director 1.0 X 0 0 0 Mikkel Mandt Director 1.0 X 0 0 0 Jeff Wood CFO and Treasurer 40.0 X 211750 0 25892 Aaron Atwood VP Advancement 40.0 X 177516 0 30454 Jason Graham VP Program Services 40.0 X 153925 0 29447 Joseph Amandee IT Director 40.0 X 127236 0 28395 Rajeev Shaw Director of Marketing & Sales 40.0 X 106034 0 19128 Sinh Nguyen Director of Finance 40.0 X 107553 0 4767 1193272 0 219134 7 false true false Global Procurement Solutions 5421 Copper Dr Colorado Springs CO 80918 Printing and Shipping 518881 The Parable Group PO Box 3317 San Luis Obispo CA 93403 Advertising Services 415915 Brewer Direct Inc 800 Royal Oaks Drive Suite 102 Monrovia CA 91016 Advertising Services 331467 Westfall Group Inc PO Box 81712 Atlanta GA 30366 Event coordinator 258603 Earl Cooley (I Know A Guy) 628 Prairie Star Circle Colorado Springs CO 80916 Janitorial, cleaning, general maintenance 158543 7 901160 6905955 119987 7807115 Summit Conferences 611600 3160671 3160671 Summit Semester-tuition 611600 578852 578852 75216 75216 0 0 3814739 58286 58286 32503 32503 147959 487050 -339091 0 -339091 -339091 143330 242721 -99391 0 -99391 -99391 23057 901160 911474 -888417 -888417 2240892 597588 1643304 1643304 Snow Wolf Lodge 721110 111034 111034 167098 0 0 167098 278132 12307180 5458043 111034 -1069012 774253 774253 612076 299547 275086 37443 70676 2500 68176 4023589 3307742 298509 417338 93855 76611 5730 11514 810579 622270 96192 92117 350051 263553 47642 38856 35594 19676 12978 2940 27245 27245 9544 9544 590551 301111 83381 206059 1004920 186116 715090 103714 276468 229726 12516 34226 336821 271111 29925 35785 359669 300336 42942 16391 415808 295320 19461 101027 1196914 1194045 2851 18 381980 342376 22999 16605 59933 48768 8934 2231 Curriculum Development 237758 237758 Postage, shipping, printing 118042 52315 18990 46737 Licenses, dues, subscriptions 43935 28699 10943 4293 84023 72808 1795 9420 11914284 8926641 1742753 1244890 1993969 1505798 1124983 1686516 1373301 838014 35210 29047 0 0 0 227152 227265 287017 312982 13003274 3939265 8390765 9064009 1968732 2058058 0 0 191000 152800 266944 271431 15859073 16145920 616641 698959 125369 205406 0 0 0 742010 904365 X 13739577 13857254 1377486 1384301 15117063 15241555 15859073 16145920 392896 -268404 0 X false true X true false X 3573700 4526356 5175468 8083163 7807115 29165802 4839854 4266855 2204895 4696582 6055631 22063817 0 0 0 0 8413554 8793211 7380363 12779745 13862746 51229619 50000 166050 184975 77900 103775 582700 0 0 0 0 0 0 50000 166050 184975 77900 103775 582700 50646919 249046 253183 292077 263209 238748 1296263 0 249046 253183 292077 263209 238748 1296263 0 0 608062 31976 905760 167098 1712896 8662600 9654456 7704416 13948714 14268592 54238778 0.9338 0.9292 0.02 0.0274 X Schedule A, Part III Public Support Test The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/2% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. Schedule A, Part III, Line 12 Other Income DESCRIPTION - EMPLOYEE RETENTION CREDIT, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 881301.0, COLUMN E - , COLUMN F - 881301.0; DESCRIPTION - GAIN ON INSURANCE PROCEEDS, COLUMN A - , COLUMN B - 608062.0, COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 608062.0; DESCRIPTION - MISC REVENUE, COLUMN A - , COLUMN B - , COLUMN C - 31976.0, COLUMN D - 24459.0, COLUMN E - 167098.0, COLUMN F - 223533.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 651158 -45371 605787 559645 91513 651158 549859 9786 559645 471666 78193 549859 492659 -20993 471666 0.0 1.0 0.0 false false 800501 800501 10348644 3068160 7280484 1141161 633510 507651 712968 237595 475373 9064009 13251091 -268404 1996112 1727708 11523383 9544 774253 783797 12307180 13126599 1996112 1996112 11130487 9544 774253 783797 11914284 Schedule D, Part V, Line 4 Intended uses of endowment funds The purpose of the endowment is to fund scholarships. Income in excess of corpus plus 10% can be distributed for scholarships. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Event Expenses - 911474 Cost of Goods Sold - 597588 Rental Expenses - 487050 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Conference Discounts - 774253 - Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Event Expenses - 911474 Cost of Goods Sold - 597588 Rental Expenses - 487050 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Conference Discounts - 774253 Vision Weekend 843700 843700 0 127686 183152 455480 60th Anniversary Gala 80517 57460 23057 43350 40206 61600 0 924217 901160 23057 171036 223358 517080 911474 -888417 true Conference Discounts 1286 323723 Scholarship Assistance 363 450530 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Scholarship assistance is provided to individuals based on predetermined criteria, and upon recommendation by board members or staff. Assistance is provided in the form of reduced program fees, and recipient achievements are recorded. No cash changes hands. X true true X X X X X false false false false false true false false false Jeff Myers President 293383 0 15875 0 0 0 60097 0 20954 0 390309 0 15875 0 Jeff Wood CFO and Treasurer 211750 0 0 0 0 0 8663 0 17229 0 237642 0 0 0 Aaron Atwood VP Advancement 177516 0 0 0 0 0 7260 0 23194 0 207970 0 0 0 Jason Graham VP Program Services 153925 0 0 0 0 0 6273 0 23174 0 183372 0 0 0 Joseph Amandee IT Director 127236 0 0 0 0 0 5254 0 23141 0 155631 0 0 0 Schedule J, Part I, Line 1a Travel for companions Travel for the President's spouse is included in taxable compensation. Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization The bonus paid to Dr. Jeff Myers, President includes amounts awarded for achievement of targets in areas that include student conference registrations, curriculum utilization and contribution revenue. One portion of his bonus is calculated based upon net income up to a maximum amount established by the Board. The bonus is accrued over the year. Stephanie Myers Family Relationship with President Jeff Myers 68176 Advancement Contract Services false X 9 119987 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 4d Description of other program services (Expenses $ 2,293,114 including grants of $ 0)(Revenue $ 75,216) Other Programs - Alumni Network, consulting and honorariums. Form 990, Part VI, Line 1a Delegate broad authority to a committee The governing body delegated broad authority to the Executive Committee. The Executive Committee's members include the Chairman and three Directors. The Executive Committee shall have the power to bind Summit Ministries and act on behalf of the entirety of the Board of Directors, provided that, the Executive Committee shall not have the power to delegate any of its powers to any further committee, though it may appoint such committees as it desires for purposes other than to act on behalf of Summit Ministries. By way of example only and without limitation, the Executive Committee may appoint members of additional committees to prepare research and recommend courses of action. Without limiting the foregoing, the Executive Committee shall not have the power to: 1. Elect, appoint, or remove any member of the Board of Directors of Summit Ministries; 2. Amend, restate, alter, or repeal the Articles of Incorporation or Bylaws of Summit Ministries; 3. Whether in one or a series of transactions exceeding 250k, approve a plan of merger or approve a sale, lease, exchange, or other disposition of all or substantially all of the property of Summit Ministries; or 4. Take any other action prohibited by law. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm and is reviewed by the organization's accountant and CFO for accuracy. A copy of the return is then provided to the board of directors for their review prior to being filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy On an annual basis, board members and officers are required to disclose potential conflicts of interest. The CFO reviews the signed statements and the Chair of the Finance Committee also reviews the CFO's statement. This process is overseen by the Executive Committee of the Board of Directors. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official A compensation review committee, consisting of independent members of the board, is responsible for recommending compensation for the position of President. As part of their process, the compensation review committee references comparability data, including salary and benefits provided to similar positions at similar organizations. The committee then makes a recommendation to the full board, which votes to approve or deny the recommended compensation package. All related deliberations and decisions are documented in the board minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees This same compensation review committee (described above for Form 990, Part VI, Line 15A) is responsible for reviewing and approving compensation packages for all staff, including the Chief Financial Officer, and follows the same processes as previously outlined for the President. Form 990, Part VI, Line 19 Required documents available to the public The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue Other program revenue - Total Revenue: 75216, Related or Exempt Function Revenue: 75216, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc income - Total Revenue: 167098, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 167098;