Civic Intelligence

Educational Charter Foundation of Florida Inc.

990 • Fiscal year 2016 • EIN 16-1720173

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

Organization ProfileWWW.IMAGINESOUTHLAKE.ORG
2750 Hartwood Marsh RoadClermont, FL 34711

(352) 243-2960

Siviq Scores

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

Liabilities / Assets

47th percentile

0.15x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.03x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

12th percentile

-8.5%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

0.3%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$1,303,609

Down $120,594 (-8.5%) from 2015

Net Assets

Down

$1,112,440

Down $50,485 (-4.3%) from 2015

Liabilities

Down

$191,169

Down $70,109 (-27%) from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin37th percentile

Revenue

Up

$7,641,008

Up $23,615 (+0.3%) from 2015

Expenses

Up

$7,691,493

Up $518,789 (+7.2%) from 2015

Net Income

Down

-$50,485

Down $495,174 (-111%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$30M$20M$10M$0-$10MAssets 2011: $773,987Liabilities 2011: $355,714Net Assets 2011: $418,2732011Assets 2012: $1,298,050Liabilities 2012: $617,945Net Assets 2012: $680,1052012Assets 2013: $1,232,961Liabilities 2013: $469,357Net Assets 2013: $763,6042013Assets 2014: $1,556,091Liabilities 2014: $837,855Net Assets 2014: $718,2362014Assets 2015: $1,424,203Liabilities 2015: $261,278Net Assets 2015: $1,162,9252015Assets 2016: $1,303,609Liabilities 2016: $191,169Net Assets 2016: $1,112,4402016Assets 2017: $1,462,216Liabilities 2017: $241,953Net Assets 2017: $1,220,2632017Assets 2018: $1,369,131Liabilities 2018: $261,930Net Assets 2018: $1,107,2012018Assets 2019: $24,869,517Liabilities 2019: $24,938,392Net Assets 2019: -$68,8752019Assets 2020: $26,120,954Liabilities 2020: $25,566,808Net Assets 2020: $554,1462020Assets 2021: $26,277,649Liabilities 2021: $25,519,599Net Assets 2021: $758,0502021Assets 2022: $26,737,370Liabilities 2022: $25,251,499Net Assets 2022: $1,485,8712022Assets 2023: $26,923,553Liabilities 2023: $25,454,727Net Assets 2023: $1,468,8262023Assets 2024: $26,407,084Liabilities 2024: $24,918,967Net Assets 2024: $1,488,1172024Assets 2025: $26,136,963Liabilities 2025: $24,689,359Net Assets 2025: $1,447,6042025

Highlighted filing

2016

Assets$1,303,609
Liabilities$191,169
Net Assets$1,112,440
Open 2016 Filing

Operations Trend

Revenue Growth42nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,811,162Expenses 2011: $6,781,140Net Income 2011: $30,0222011Expenses 2012: $6,517,6442012Expenses 2013: $6,692,1862013Revenue 2014: $7,278,506Expenses 2014: $7,323,874Net Income 2014: -$45,3682014Revenue 2015: $7,617,393Expenses 2015: $7,172,704Net Income 2015: $444,6892015Revenue 2016: $7,641,008Expenses 2016: $7,691,493Net Income 2016: -$50,4852016Revenue 2017: $7,989,375Expenses 2017: $7,881,552Net Income 2017: $107,8232017Revenue 2018: $8,052,935Expenses 2018: $8,165,997Net Income 2018: -$113,0622018Revenue 2019: $8,764,235Expenses 2019: $9,463,149Net Income 2019: -$698,9142019Revenue 2020: $8,999,552Expenses 2020: $8,853,692Net Income 2020: $145,8602020Revenue 2021: $9,732,651Expenses 2021: $9,528,747Net Income 2021: $203,9042021Revenue 2022: $11,049,096Expenses 2022: $10,321,275Net Income 2022: $727,8212022Revenue 2023: $12,566,568Expenses 2023: $12,583,613Net Income 2023: -$17,0452023Revenue 2024: $12,959,968Expenses 2024: $12,940,677Net Income 2024: $19,2912024Revenue 2025: $12,847,414Expenses 2025: $12,887,927Net Income 2025: -$40,5132025

Highlighted filing

2016

Revenue$7,641,008
Expenses$7,691,493
Net Income-$50,485
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$7,672,306
Mission and Program Overview

Mission

To provide elementary educational services to lake county, florida as a charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$570,292$550,938▼ $19,354
Other Notes and Loans Receivable, Net$456,938$455,665▼ $1,273
Cash and Non-Interest-Bearing Accounts$377,760$297,006▼ $80,754
Prepaid Expenses and Deferred Charges$14,685--
Accounts Receivable$4,528--
Total Assets$1,424,203$1,303,609▼ $120,594
Liabilities
Accounts Payable and Accrued Expenses$238,656$188,045▼ $50,611
Mortgage Notes Payable Secured by Investment Property$22,622--
Other Liabilities-$3,124-
Total Liabilities$261,278$191,169▼ $70,109
Net Assets / Fund Balance
Temporarily Rstr Net Assets$627,860$653,631▲ $25,771
Unrestricted Net Assets$535,065$458,809▼ $76,256
Total Net Assets Fund Balance$1,162,925$1,112,440▼ $50,485
Total Liabilities and Net Assets / Fund Balance$1,424,203$1,303,609▼ $120,594

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$486,169$105,009$591,178
Equipment$54,827$327,590$382,417
Other Land Buildings$9,942$252,052$261,994
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Kevin TroutChair
Vertis LaneVice Chair
Christine CavendarMember
Elaine KellySecretary
William DeckerTreasuer

Highest Paid Contractors

ContractorServicesLocationCompensation
School House FinanceBuilding Lease1005 N GLEBE RD STE 610, Arlington, VA 22201$1,453,069
Revenue and Support

Revenue Composition

Contributions and Grants
$7,088,350
Program Service Revenue
$287,158
Investment Income
$0
Other Revenue
$265,500
Change in Net Assets
$-50,485

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,641,008
Revenue Not Reported on Form 990
$31,298
Total Revenue per Audited Statements
$7,672,306
Total Revenue per Form 990
$7,641,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,069,573
Other Expenses$3,621,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,531,650$607,456-$3,139,106
Occupancy-$1,572,180-$1,572,180
Fees for Services Management-$816,271-$816,271
Other Employee Benefits$510,970$98,269-$609,239
Payroll Taxes$183,198$44,651-$227,849
Fees for Services Other$97,710$67,571-$165,281
Office Expenses$132,672$25,491-$158,163
Insurance-$153,500-$153,500
Travel$106,605$3,771-$110,376
Pension Plan Contributions$93,379--$93,379
Depreciation Depletion$22,504$46,380-$68,884
Other Expenses$53,587$64,015-$53,587
All Other Expenses-$29,816-$29,816
Fees for Services Accounting-$13,950-$13,950
Advertising-$1,529-$1,529
Total Functional Expenses$3,960,455$3,731,038$0$7,691,493

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,722,791
Expenses per Audited Statements$7,691,493
Total Expenses per Form 990$7,691,493
Expenses Not Reported on Form 990$31,298
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,102
Fundraising Direct Expenses$31,298
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$85,102$85,102$31,298$53,804
Total Events$85,102$85,102$31,298$53,804
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$3,124
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The school is contracted with imagine schools, inc. To provide all charter school management services including the administration and supervision of personnel, procurements and management of materials, equipment, and facilities.”

Form 990, Page 6, Part VI, Line 11B

“A draft copy of the return is provided to the board for review prior to filing the final copy with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Monitoring for conflict of interest is reviewed annually.”

Form 990, Page 6, Part VI, Line 15A

“Compensation is subject to board approval.”

Form 990, Page 6, Part VI, Line 15B

“Compensation is subject to board approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Educational Charter Foundation
EIN
16-1720173
Phone
3522432960
Address
2750 HARTWOOD MARSH ROAD, CLERMONT, FL 34711
Doing Business As
South Lake Charter School

Signing Officer

Name
Kevin Trout
Title
Chair
Phone
3523488223
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Trout
Formed
2003
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
136
Volunteers
894

Preparer

Firm
Berman Hopkins Wright Laham Cpas & Assoc
Address
8035 SPYGLASS HILL RD, MELBOURNE, FL 32940
Preparer
Steven Bierbrunner
Phone
3217572020
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Fundraising expenses 31,298 fundraising expenses -31,298”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The school recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the school and various positions related to the potential sources of unrelated business taxable income. The assessment of the technical merits of a tax position is a matter of judgment. The school believes that all of its tax positions are more likely than not to be sustained upon examination. The school files form 990 in the u.s. Federal jurisdiction. The school is generally no longer subject to examination by the internal revenue service three years after a return was due or filed.”

Schedule D, Page 4, Part XI, Line 2D

“Fundraising expenses 31,298”

Schedule D, Page 4, Part XII, Line 2D

“Fundraising expenses 31,298”

Raw XML AppendixShowing 400 of 456 raw XML fields

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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IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL AGED CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0173513
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1113645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0173513
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1113645
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06903980
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt07172704
IRS990/PYOtherRevenueAmt0466208
IRS990/PYProgramServiceRevenueAmt0247205
IRS990/PYRevenuesLessExpensesAmt0444689
IRS990/PYTotalExpensesAmt07172704
IRS990/PYTotalRevenueAmt07617393
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50485
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt033835
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0465019
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt054827
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0327590
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0382417
IRS990ScheduleD/ExpensesNotReportedAmt031298
IRS990ScheduleD/ExpensesSubtotalAmt07691493
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0486169
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0105009
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0591178
IRS990ScheduleD/OtherExpensesIncludedAmt031298
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09942
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0252052
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0261994
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherRevenueAmt031298
IRS990ScheduleD/RevenueNotReportedAmt031298
IRS990ScheduleD/RevenueSubtotalAmt07641008
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE SCHOOL BELIEVES THAT ALL OF ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER A RETURN WAS DUE OR FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 31,298
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 31,298
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0550938
IRS990ScheduleD/TotalExpensesPerForm990Amt07691493
IRS990ScheduleD/TotalLiabilityAmt03124
IRS990ScheduleD/TotalRevenuePerForm990Amt07641008
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07672306
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07722791
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS OPEN TO ANY ELIGIBLE STUDENT RESIDING IN LAKE COUNTY, FL FOR ENROLLMENT IN KINDERGARTEN THROUGH GRADE 8.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES REVENUES FOR CURRENT OPERATIONS PRIMARILY FROM THE STATE OF FLORIDA THROUGH THE LAKE COUNTY SCHOOL DISTRICT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031298
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt085102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt085102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt085102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt085102
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt053804
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031298
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt031298
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS CONTRACTED WITH IMAGINE SCHOOLS, INC. TO PROVIDE ALL CHARTER SCHOOL MANAGEMENT SERVICES INCLUDING THE ADMINISTRATION AND SUPERVISION OF PERSONNEL, PROCUREMENTS AND MANAGEMENT OF MATERIALS, EQUIPMENT, AND FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE RETURN IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING THE FINAL COPY WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING FOR CONFLICT OF INTEREST IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING EXPENSES 31,298 FUNDRAISING EXPENSES -31,298
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IMAGINE SCHOOLS NON-PROFIT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0203590526
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01005 NORTH GLEBE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ARLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd022201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0453352
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11464927
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0IMAGINE SCHOOLS NONPROFIT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1IMAGINE SCHOOLS NONPROFIT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1K
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0627860
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0653631
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01424203
IRS990/TotalAssetsEOYAmt01303609
IRS990/TotalAssetsGrp/BOYAmt01424203
IRS990/TotalAssetsGrp/EOYAmt01303609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07088350
IRS990/TotalEmployeeCnt0136
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03731038
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03960455
IRS990/TotalFunctionalExpensesGrp/TotalAmt07691493
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0261278
IRS990/TotalLiabilitiesEOYAmt0191169
IRS990/TotalLiabilitiesGrp/BOYAmt0261278

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,303,609
Liabilities
$191,169
Net assets
$1,112,440
Revenue
$7,641,008
Expenses
$7,691,493
Net income
-$50,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$26.1$24.7$1.45$12.8$12.9$0.04
2024Detailed filing. Detailed filing data is available for this year.$26.4$24.9$1.49$13.0$12.9$0.02
2023Detailed filing. Detailed filing data is available for this year.$26.9$25.5$1.47$12.6$12.6$0.02
2022Detailed filing. Detailed filing data is available for this year.$26.7$25.3$1.49$11.0$10.3$0.73
2021Detailed filing. Detailed filing data is available for this year.$26.3$25.5$0.76$9.73$9.53$0.20
2020Detailed filing. Detailed filing data is available for this year.$26.1$25.6$0.55$9.00$8.85$0.15
2019Detailed filing. Detailed filing data is available for this year.$24.9$24.9$0.07$8.76$9.46$0.70
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.26$1.11$8.05$8.17$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.24$1.22$7.99$7.88$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.30$0.19$1.11$7.64$7.69$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.26$1.16$7.62$7.17$0.44
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.84$0.72$7.28$7.32$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.47$0.76$6.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.62$0.68$6.52
2011Summary only. Only limited summary data is available for this year.$0.77$0.36$0.42$6.81$6.78$0.03