Nonprofit · EIN 26-4243160
SUMMIT ACADEMY CHARTER SCHOOL
Tax-exempt · BROOKLYN, NY 11231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,200,134 | $6,510,776 | -$310,642 | $2,305,837 | $453,571 | $1,852,266 |
| June 30, 2024 | 990 | $5,724,794 | $6,186,944 | -$462,150 | $2,559,519 | $396,611 | $2,162,908 |
| June 30, 2023 | 990 | $4,869,121 | $5,465,969 | -$596,848 | $3,028,371 | $403,313 | $2,625,058 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $572,813
- of which government grants
- $522,813
- Program service revenue
- $5,601,476
- Investment income
- $25,845
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $638,226
- Other salaries and wages
- $3,423,295
- Salaries, compensation and benefits (total)
- $4,984,619
- Professional fundraising fees
- $0
- Legal fees
- $4,500
- Accounting fees
- $30,250
- Depreciation
- $132,049
- Program services (functional)
- $5,926,241
- Management and general (functional)
- $569,694
- Fundraising (functional)
- $14,841
Balance sheet and other
- Total assets, start of year
- $2,559,519
- Total assets, end of year
- $2,305,837
- Total liabilities, end of year
- $453,571
- Net assets, end of year
- $1,852,266
- Land, buildings and equipment
- $263,446
- Net assets without donor restrictions
- $1,852,266
- Gross receipts
- $6,200,134
- Employees
- 61
- Volunteers
- 7
- Year formed
- 2009
- State of legal domicile
- NY
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 | Other / benefits |
|---|---|---|---|---|
| NATASHA CAMPBELL | DIRECTOR OF COMMUNITY SUPP Officer | 50 | $198,674 | $22,242 |
| MACHAEL SPENCER-EDWARDS | PRINCIPAL Key employee | 50 | $204,091 | $3,528 |
| SAMEASE HANDSHAW | DIRECTOR OF FINANCE AND OP Officer | 50 | $168,431 | $21,392 |
| TREMAINE A PRICE | ASSISTANT PRINCIPAL (CURRENT PRINCIPAL) Highest-paid employee | 50 | $130,305 | $12,642 |
| JONATHAN BURGER | DIRECTOR OF LEARNING SUPPO Highest-paid employee | 50 | $110,558 | $25,284 |
| KIM KISOOK | TEACHER Highest-paid employee | 50 | $112,124 | $17,892 |
| MICHAEL BERNARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ALICIA MURRAY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALVIN YOUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CYNTHIA MCCANTS | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH MONTOGEMERY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHAROD TOMLINSON | TRUSTEE - RESIGNED DURING YEAR Trustee or director | 1 | $0 | $0 |
| DR DUANE SLEET | SECRETARY - JOINED DURING YEAR Trustee or director, Officer | 1 | $0 | $0 |
| DR CASSANDRA ANDREWS-JACKSON | TRUSTEE - JOINED DURING YEAR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATASHA CAMPBELL | DIRECTOR OF COMMUNITY SUPP Officer | 50 | $193,240 | $21,561 |
| MACHAEL SPENCER-EDWARDS | PRINCIPAL Key employee | 50 | $198,146 | $0 |
| SAMEASE HANDSHAW | DIRECTOR OF FINANCE AND OP Officer | 50 | $160,919 | $23,961 |
| TERMAINE A PRICE | ART TEACHER Highest-paid employee | 50 | $121,943 | $11,961 |
| JONATHAN BURGER | DIRECTOR OF LEARNING SUPPO Highest-paid employee | 50 | $106,927 | $23,921 |
| KIM KISOOK | TEACHER Highest-paid employee | 50 | $106,508 | $11,961 |
| MICHAEL BERNARD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL NIEVES | TRUSTEE-RESIGNED DURING YEAR Trustee or director | 1 | $0 | $0 |
| VIRGINIA CONNELLEY | VICE CHAIR-RESIGNED 6/30/24 Trustee or director, Officer | 1 | $0 | $0 |
| ALICIA MURRAY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALVIN YOUNG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CYNTHIA MCCANTS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KENNETH MONTOGEMERY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUGENI SADLER-PEREZ | TRUSTEE-RESIGNED DURING YEAR Trustee or director | 1 | $0 | $0 |
| LOTTIE ALMONTE | TRUSTEE-RESIGNED 6/30/24 Trustee or director | 1 | $0 | $0 |
| SHAROD TOMLINSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATASHA CAMPBELL | DIRECTOR OF COMMUNITY SUPPORT Officer | 50 | $188,556 | $20,581 |
| MACHAEL SPENCER-EDWARDS | PRINCIPAL Key employee | 50 | $193,054 | $0 |
| SAMEASE HANDSHAW | DIRECTOR OF FINANCE AND OP Officer | 50 | $154,499 | $18,867 |
| TERMAINE A PRICE | ART TEACHER Highest-paid employee | 50 | $116,202 | $11,117 |
| JONATHAN BURGER | DIRECTOR OF LEARNING SUPPORT Highest-paid employee | 50 | $104,518 | $22,233 |
| MICHAEL BERNARD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL NIEVES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIRGINIA CONNELLEY | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM COLVATIO | TREASURER & CHAIR - RESIGNED IN NOV 2022 Trustee or director, Officer | 1 | $0 | $0 |
| ALICIA MURRAY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALVIN YOUNG | TREASURER - JOINED DURING YEAR Trustee or director, Officer | 1 | $0 | $0 |
| CYNTHIA MCCANTS | TRUSTEE - JOINED DURING YEAR Trustee or director | 1 | $0 | $0 |
| KENNETH MONTOGEMERY | TRUSTEE - JOINED DURING YEAR Trustee or director | 1 | $0 | $0 |
| SUGENI SADLER-PEREZ | TRUSTEE - JOINED DURING YEAR Trustee or director | 1 | $0 | $0 |
| LOTTIE ALMONTE | TRUSTEE - JOINED DURING YEAR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 27 HUNTINGTON STREET RM 321, BROOKLYN, NY 11231-1824
- Principal officer (990 for 2024)
- TREMAINE PRICE, 27 HUNTINGTON STREET 321, BROOKLYN, NY 11231
- Signed the 990
- TREMAINE PRICE, PRINCIPAL
- Phone
- (347) 242-6710
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
SUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITY BY PREPARING SIXTH THROUGH TWELFTH-GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN, AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP.BY ENGAGING STUDENTS IN AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM, COMPETITIVE ATHLETICS PROGRAM, AND COMPREHENSIVE FINE ARTS ACADEMY, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES.
Program accomplishments
- THE PURPOSE OF THE SCHOOL IS TO PREPARE STUDENTS IN GRADES SIX THROUGH TWELVE FOR EDUCATIONAL SUCCESS FROM MIDDLE SCHOOL THROUGH COLLEGE. THIS WILL BE ACCOMPLISHED THROUGH A DEMANDING DATA DRIVEN EDUCATION BASED ON HIGH STANDARDS, STRUCTURE, AND ACCOUNTABILITY. THE SCHOOL CURRENTLY SERVES APPROXIMATELY 268 STUDENTS IN GRADES SIX THROUGH TWELVE.Expenses $5,926,241 · revenue $5,601,476
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
- 26-4243160
- 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
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $2,305,837
- Income (IRS master file)
- $6,200,134
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,200,134 | $6,510,776 | $2,305,837 | XML |
| 990 | June 2024 | $5,724,794 | $6,186,944 | $2,559,519 | XML |
| 990 | June 2023 | $4,869,121 | $5,465,969 | $3,028,371 | XML |
| 990 | June 2022 | $5,005,181 | $4,842,753 | $3,506,747 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 26-4243160).
Questions about SUMMIT ACADEMY CHARTER SCHOOL
- What is the EIN of SUMMIT ACADEMY CHARTER SCHOOL?
- The employer identification number (EIN) of SUMMIT ACADEMY CHARTER SCHOOL is 26-4243160.
- Is SUMMIT ACADEMY CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SUMMIT ACADEMY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUMMIT ACADEMY CHARTER SCHOOL 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 ACADEMY CHARTER SCHOOL 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 ACADEMY CHARTER SCHOOL 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 ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names TREMAINE PRICE.
- Who are the officers and directors of SUMMIT ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 14 people; 6 received compensation from the organization, the highest $198,674 (NATASHA CAMPBELL, DIRECTOR OF COMMUNITY SUPP).
- How much revenue does SUMMIT ACADEMY CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,200,134, expenses of $6,510,776 and total assets of $2,305,837 at year end.
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