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Colorado · Nonprofit

Summit Classical Academy Inc

Summit Classical Academy Inc (Colorado) receives grants from 4 organizations whose IRS filings report $93,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($82,500). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.3M
Funders on record
4
Grants received
$93k
Net assets
$420k
3/4 repeat funderspeak grant-dependency 2%
01What it does

What Summit Classical Academy Inc does

Mission

We will build community and serve our community by partnering with parents in the education of their children, striving to develop all aspects of the student's potential. We will provide a classical Christian education, a peaceful and inspiring environment, and a high standard of expectations for our students, teachers, and leaders, all for the glory of God. Vision: We aim to produce students who learn continually, listen intently, articulate precisely, love rightly, contend gracefully, and live purposefully for the glory of God and the good of others.

As stated on its FY2025 Form 990.

Program

  1. Summit Classical Academy is a classical Christian school serving the North Denver areas of Colorado. We will build community and serve our community by partnering with parents in the education of their children through Classical Christian EducationClassical EducationThe classical method is tried and true, with its origins dating back to the Greeks. The Romans, recognizing that the Greeks were superior in educating their citizens, adopted this style of teaching for their young Romans. Of course, the modern version of classical education has changed a bit, but the roots reach deep into the Greco-Roman tradition.Classical education keeps in step with the natural developmental stages of children and consists of three phases in the K-12 years, all of which make up the Trivium. The Trivium includes the grammar stage, logic stage, and the rhetoric stage. These stages coincide with the way children learn, so the results of the education not only fit the natural bent of the child, it also provides an environment where students can realize the greatest successes in learning. This educational model fits beautifully with how children grow.Classical Christian education develops children into…

    $1,062,706 spent$937,171 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,062,706.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($84k) Expenses 100 ($50k) Net assets 100 ($33k)2021 Revenue 425 ($355k) Expenses 662 ($334k) Net assets 164 ($54k)2022 Revenue 775 ($648k) Expenses 1040 ($524k) Net assets 539 ($179k)2023 Revenue 1257 ($1.1M) Expenses 1662 ($839k) Net assets 1280 ($425k)2024 Revenue 1181 ($987k) Expenses 1951 ($984k) Net assets 1298 ($430k)2025 Revenue 1519 ($1.3M) Expenses 2438 ($1.2M) Net assets 1267 ($420k)
202020212022202320242025
Revenue (1519)Expenses (2438)Net assets (1267)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $210k to $433k (+106%).

$33k
$59k
$210k
$433k
$447k
$420k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

25% of Summit Classical Academy Inc’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$33k
’20
$21k
’21
$124k
’22
$212k
’23
$3k
’24
$40k
’25
3.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jay Modglin

Chairman

As listed on its FY2025 Form 990.

202020212022202320242025
Listed555555
Joined·+0+1+0+2+0
No longer listed·01020
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $50 → $716.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Summit Classical Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Summit Classical Academy Inc leans on a few funders — its largest provides 88% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Summit Classical Academy Inc.

88%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 98% · 2023 70% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of Summit Classical Academy Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1k that is directly attributable, 100% of it comes from funders outside Colorado, across 1 state.

MO

Funder states come from each funder’s own filing. $92k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Summit Classical Academy Inc has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin3% · below the median
Months of reserve3.9mo · above the median
Revenue growth (annualized)72% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Summit Classical Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 10%Fundraising 4%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CO

Screen this organization

A dated, signed PDF of the compliance screen for Summit Classical Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Summit Classical Academy Inc?
Summit Classical Academy Inc (Colorado) receives grants from 4 organizations whose IRS filings report $93,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($82,500). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Summit Classical Academy Inc have?
IRS filings report 4 organizations giving $93,497 in grants to Summit Classical Academy Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Summit Classical Academy Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $82,500 in grants. The full list of funders is on this page.
How can an organization like Summit Classical Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Summit Classical Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing