Civic Intelligence

Imaginenations Group Inc.

990EZ • Fiscal year 2017 • EIN 11-3669587

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 25, 2018

221 Bay Front DrivePasadena, MD 21122

(410) 439-4800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

90th percentile

$43,020

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 53.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

38th percentile

-3.3%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

192%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$496,098

Down $16,777 (-3.3%) from 2016

Net Assets

Down

$488,139

Down $16,110 (-3.2%) from 2016

Liabilities

Down

$7,959

Down $667 (-7.7%) from 2016

Revenue

Up

$80,384

Up $52,828 (+192%) from 2016

Expenses

Down

$96,494

Down $64,159 (-40%) from 2016

Net Income

Up

-$16,110

Up $116,987 (+88%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,903,216Liabilities 2011: $365,646Net Assets 2011: $1,537,5702011Assets 2012: $2,537,357Liabilities 2012: $356,989Net Assets 2012: $2,180,3682012Assets 2013: $888,636Liabilities 2013: $174,260Net Assets 2013: $714,3762013Assets 2014: $675,452Liabilities 2014: $133,752Net Assets 2014: $541,7002014Assets 2015: $674,700Liabilities 2015: $37,354Net Assets 2015: $637,3462015Assets 2016: $512,875Liabilities 2016: $8,626Net Assets 2016: $504,2492016Assets 2017: $496,098Liabilities 2017: $7,959Net Assets 2017: $488,1392017Assets 2018: $559,249Liabilities 2018: $7,833Net Assets 2018: $551,4162018Assets 2019: $781,728Liabilities 2019: $72,987Net Assets 2019: $708,7412019Assets 2020: $537,699Liabilities 2020: $39,998Net Assets 2020: $497,7012020Assets 2021: $533,913Liabilities 2021: $7,903Net Assets 2021: $526,0102021Assets 2022: $551,233Liabilities 2022: $2,850Net Assets 2022: $548,3832022Assets 2023: $599,356Liabilities 2023: $2,675Net Assets 2023: $596,6812023Assets 2024: $409,925Liabilities 2024: $929Net Assets 2024: $408,9962024

Highlighted filing

2017

Assets$496,098
Liabilities$7,959
Net Assets$488,139

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,277,401Expenses 2011: $2,466,534Net Income 2011: -$1,189,1332011Revenue 2012: $2,494,776Expenses 2012: $1,851,978Net Income 2012: $642,7982012Revenue 2013: $575,178Expenses 2013: $2,080,823Net Income 2013: -$1,505,6452013Revenue 2014: $308,007Expenses 2014: $480,683Net Income 2014: -$172,6762014Revenue 2015: $462,337Expenses 2015: $366,691Net Income 2015: $95,6462015Revenue 2016: $27,556Expenses 2016: $160,653Net Income 2016: -$133,0972016Revenue 2017: $80,384Expenses 2017: $96,494Net Income 2017: -$16,1102017Revenue 2018: $113,649Expenses 2018: $50,372Net Income 2018: $63,2772018Revenue 2019: $687,459Expenses 2019: $530,134Net Income 2019: $157,3252019Revenue 2020: $342,523Expenses 2020: $559,177Net Income 2020: -$216,6542020Revenue 2021: $116,011Expenses 2021: $87,702Net Income 2021: $28,3092021Revenue 2022: $65,000Expenses 2022: $42,627Net Income 2022: $22,3732022Revenue 2023: $117,895Expenses 2023: $69,597Net Income 2023: $48,2982023Revenue 2024: $165,121Expenses 2024: $352,806Net Income 2024: -$187,6852024

Highlighted filing

2017

Revenue$80,384
Expenses$96,494
Net Income-$16,110
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 25, 2018
Return Version
2017v2.3
Gross Receipts
$80,384
Mission and Program Overview

Mission

Imaginenations group improves opportunities and prospects for young people and their communities by partnering with a dynamic network of organizations and people to put bold ideas into action, creating innovative solutions and building thriving communities and economies.

Program Services

DescriptionGrantsExpenses
IMAGINENATIONS GROUP PROMOTES INNOVATIONS FOR SOCIAL IMPACT - CATALYZING AND DEVELOPING IDEAS THAT WORK - ADDRESSING YOUTH EMPLOYMENT AND EMPOWERMENT, ENTREPRENEURSHIP, HEALTH PROMOTION, EDUCATION AND LEADERSHIP DEVELOPMENT. IMAGINENATIONS GROUP CONVENES AND FACILITATES VISION RETREATS, "UNCOMMON TABLES" OF LEADERS AND STAKEHOLDERS, AND OTHER BRIDGE- BUILDING ACTIVITIES DESIGNED TO PROMOTE HIGHER LEVELS OF CONVERSATION AND COLLABORATION, AND TO PROMOTE UNDERSTANDING AND PRACTICAL CONNECTIONS ACROSS DIVERSE CULTURES, COUNTRIES AND CLASSES. THE ORGANIZATION PARTNERS WITH A BROAD MULTI-SECTOR NETWORK OF STAKEHOLDERS, INCLUDING IMPACT INVESTORS, ENTREPRENEURS, SOCIAL ENTERPRISES, PHILANTHROPIES, AUTHORS, EXPERTS, UNIVERSITIES, COMPANIES AND GOVERNMENTS.-$78,651
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD R LITTLEPresident/CeFT$12,926$30,094$43,020
JACOB SCHIMMELChairman-$0--
ALAN FLEISCHMANNDirector-$0--
SIR DAVID BELLTreasurer &-$0--
Filing and Contact Details

Filer

Filer Name
Imaginenations Group Inc
EIN
11-3669587
Phone
4104394800
Address
221 BAY FRONT DRIVE, PASADENA, MD 21122

Signing Officer

Name
Richard R Little
Title
President/CEO
Phone
4104394800
Signed
2018-09-25
Discuss with paid preparer
Yes

Preparer

Firm
Slack Tax & Consulting LLC
Address
PO BOX 6035, ELLICOTT CITY, MD 21042-0035
Preparer
Kevin D Slack
Phone
4433251458
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

The original tax return is being amended to change the organization's reason for public charity status on schedule a, part i. The original tax return had the line 7 box checked as the reason for public charity status. The organization has elected to change its reason for public charity status to the line 10 box which is for an organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to is exempt functions-subject to certain exceptions, and(2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income. As a result, the amended return includes a completed schedule a, part iii rather than schedule a, part ii.

Form 990-ez, Part I, Line 16

Expenses office expenses 9,210 travel 5,350 interest 60 website 3,582 non-investment depreciation 1,640 total 19,842

Form 990-ez, Part II, Line 24

Pledges receivable 501,955 495,000 prepaid expenses and deferred charges 503 0 0 43,232 less accumulated depreciation -1,817 43,055 total 504,275 495,177

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 8,626 7,959

Form 990-ez, Part III

Imaginenations group improves opportunities and prospects for young people and their communities by partnering with a dynamic network of organizations and people to put bold ideas into action, creating innovative solutions and building thriving communities and economies.

Form 990-ez, Part III, Line 28

Imaginenations group promotes innovations for social impact - catalyzing and developing ideas that work - addressing youth employment and empowerment, entrepreneurship, health promotion, education and leadership development. Imaginenations group convenes and facilitates vision retreats, "uncommon tables" of leaders and stakeholders, and other bridge- building activities designed to promote higher levels of conversation and collaboration, and to promote understanding and practical connections across diverse cultures, countries and classes. The organization partners with a broad multi-sector network of stakeholders, including impact investors, entrepreneurs, social enterprises, philanthropies, authors, experts, universities, companies and governments.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORIGINAL TAX RETURN IS BEING AMENDED TO CHANGE THE ORGANIZATION'S REASON FOR PUBLIC CHARITY STATUS ON SCHEDULE A, PART I. THE ORIGINAL TAX RETURN HAD THE LINE 7 BOX CHECKED AS THE REASON FOR PUBLIC CHARITY STATUS. THE ORGANIZATION HAS ELECTED TO CHANGE ITS REASON FOR PUBLIC CHARITY STATUS TO THE LINE 10 BOX WHICH IS FOR AN ORGANIZATION THAT NORMALLY RECEIVES: (1) MORE THAN 33 1/3% OF ITS SUPPORT FROM CONTRIBUTIONS, MEMBERSHIP FEES, AND GROSS RECEIPTS FROM ACTIVITIES RELATED TO IS EXEMPT FUNCTIONS-SUBJECT TO CERTAIN EXCEPTIONS, AND(2) NO MORE THAN 33 1/3% OF ITS SUPPORT FROM GROSS INVESTMENT INCOME AND UNRELATED BUSINESS TAXABLE INCOME. AS A RESULT, THE AMENDED RETURN INCLUDES A COMPLETED SCHEDULE A, PART III RATHER THAN SCHEDULE A, PART II.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSES 9,210 TRAVEL 5,350 INTEREST 60 WEBSITE 3,582 NON-INVESTMENT DEPRECIATION 1,640 TOTAL 19,842
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 501,955 495,000 PREPAID EXPENSES AND DEFERRED CHARGES 503 0 0 43,232 LESS ACCUMULATED DEPRECIATION -1,817 43,055 TOTAL 504,275 495,177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,626 7,959
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IMAGINENATIONS GROUP IMPROVES OPPORTUNITIES AND PROSPECTS FOR YOUNG PEOPLE AND THEIR COMMUNITIES BY PARTNERING WITH A DYNAMIC NETWORK OF ORGANIZATIONS AND PEOPLE TO PUT BOLD IDEAS INTO ACTION, CREATING INNOVATIVE SOLUTIONS AND BUILDING THRIVING COMMUNITIES AND ECONOMIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IMAGINENATIONS GROUP PROMOTES INNOVATIONS FOR SOCIAL IMPACT - CATALYZING AND DEVELOPING IDEAS THAT WORK - ADDRESSING YOUTH EMPLOYMENT AND EMPOWERMENT, ENTREPRENEURSHIP, HEALTH PROMOTION, EDUCATION AND LEADERSHIP DEVELOPMENT. IMAGINENATIONS GROUP CONVENES AND FACILITATES VISION RETREATS, "UNCOMMON TABLES" OF LEADERS AND STAKEHOLDERS, AND OTHER BRIDGE- BUILDING ACTIVITIES DESIGNED TO PROMOTE HIGHER LEVELS OF CONVERSATION AND COLLABORATION, AND TO PROMOTE UNDERSTANDING AND PRACTICAL CONNECTIONS ACROSS DIVERSE CULTURES, COUNTRIES AND CLASSES. THE ORGANIZATION PARTNERS WITH A BROAD MULTI-SECTOR NETWORK OF STAKEHOLDERS, INCLUDING IMPACT INVESTORS, ENTREPRENEURS, SOCIAL ENTERPRISES, PHILANTHROPIES, AUTHORS, EXPERTS, UNIVERSITIES, COMPANIES AND GOVERNMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.17$0.35$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.12$0.07$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.07$0.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.01$0.53$0.12$0.09$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.04$0.50$0.34$0.56$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.07$0.71$0.69$0.53$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.11$0.05$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.08$0.10$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.01$0.50$0.03$0.16$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.04$0.64$0.46$0.37$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.13$0.54$0.31$0.48$0.17
2013Summary only. Only limited summary data is available for this year.$0.89$0.17$0.71$0.58$2.08$1.51
2012Summary only. Only limited summary data is available for this year.$2.54$0.36$2.18$2.49$1.85$0.64
2011Summary only. Only limited summary data is available for this year.$1.90$0.37$1.54$1.28$2.47$1.19