Civic Intelligence

Imagine Middle at Surprise Inc.

990 • Fiscal year 2015 • EIN 20-4931199

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 27, 2015

Organization ProfileWWW.IMAGINESCHOOLS.COM
14850 North 156th AvenueSurprise, AZ 85379

(623) 344-1770

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.02x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.66x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

53rd percentile

3.5%

Higher net margin than 53% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

91st percentile

53%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

2.9%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$2,107,150

Up $731,261 (+53%) from 2014

Net Assets

Up

-$32,109

Up $113,000 (+78%) from 2014

Liabilities

Up

$2,139,259

Up $618,261 (+41%) from 2014

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin53rd percentile

Revenue

Up

$3,262,052

Up $90,744 (+2.9%) from 2014

Expenses

Down

$3,149,052

Down $16,969 (-0.5%) from 2014

Net Income

Up

$113,000

Up $107,713 (+2037%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $336,299Liabilities 2010: $121,884Net Assets 2010: $214,4152010Assets 2011: $544,022Liabilities 2011: $380,664Net Assets 2011: $163,3582011Assets 2012: $434,463Liabilities 2012: $568,851Net Assets 2012: -$134,3882012Assets 2013: $1,591,023Liabilities 2013: $1,741,419Net Assets 2013: -$150,3962013Assets 2014: $1,375,889Liabilities 2014: $1,520,998Net Assets 2014: -$145,1092014Assets 2015: $2,107,150Liabilities 2015: $2,139,259Net Assets 2015: -$32,1092015Assets 2016: $2,094,347Liabilities 2016: $2,158,184Net Assets 2016: -$63,8372016Assets 2017: $1,326,494Liabilities 2017: $1,640,000Net Assets 2017: -$313,5062017Assets 2018: $1,158,996Liabilities 2018: $1,875,397Net Assets 2018: -$716,4012018Assets 2019: $970,457Liabilities 2019: $1,144,885Net Assets 2019: -$174,4282019Assets 2020: $1,214,891Liabilities 2020: $1,430,010Net Assets 2020: -$215,1192020Assets 2021: $1,581,904Liabilities 2021: $1,748,480Net Assets 2021: -$166,5762021Assets 2022: $2,026,775Liabilities 2022: $2,222,460Net Assets 2022: -$195,6852022Assets 2023: $16,371,753Liabilities 2023: $16,425,635Net Assets 2023: -$53,8822023Assets 2024: $12,611,010Liabilities 2024: $12,672,140Net Assets 2024: -$61,1302024Assets 2025: $12,432,749Liabilities 2025: $12,517,614Net Assets 2025: -$84,8652025

Highlighted filing

2015

Assets$2,107,150
Liabilities$2,139,259
Net Assets-$32,109
Open 2015 Filing

Operations Trend

Revenue Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,862,9062010Revenue 2011: $2,658,131Expenses 2011: $2,709,188Net Income 2011: -$51,0572011Revenue 2012: $2,371,081Expenses 2012: $2,668,828Net Income 2012: -$297,7472012Expenses 2013: $2,793,2852013Revenue 2014: $3,171,308Expenses 2014: $3,166,021Net Income 2014: $5,2872014Revenue 2015: $3,262,052Expenses 2015: $3,149,052Net Income 2015: $113,0002015Revenue 2016: $3,415,434Expenses 2016: $3,447,162Net Income 2016: -$31,7282016Revenue 2017: $3,521,777Expenses 2017: $3,771,446Net Income 2017: -$249,6692017Revenue 2018: $3,484,450Expenses 2018: $3,887,345Net Income 2018: -$402,8952018Revenue 2019: $4,205,119Expenses 2019: $4,111,041Net Income 2019: $94,0782019Revenue 2020: $4,210,009Expenses 2020: $4,250,700Net Income 2020: -$40,6912020Revenue 2021: $4,242,104Expenses 2021: $4,193,561Net Income 2021: $48,5432021Revenue 2022: $4,317,715Expenses 2022: $4,346,824Net Income 2022: -$29,1092022Revenue 2023: $4,654,558Expenses 2023: $4,512,755Net Income 2023: $141,8032023Revenue 2024: $3,990,438Expenses 2024: $3,997,686Net Income 2024: -$7,2482024Revenue 2025: $4,281,306Expenses 2025: $4,305,041Net Income 2025: -$23,7352025

Highlighted filing

2015

Revenue$3,262,052
Expenses$3,149,052
Net Income$113,000
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 27, 2015
Return Version
2014v6.0
Gross Receipts
$3,262,052
Mission and Program Overview

Mission

To operate a not for profit charter school and conduct educational research, evaluation, and development activities.

Provide a systematic standards based curriculum, a warm, caring climate built on trust and communication, family involvement and community support, use of state of the art technology, quality assessments and ongoing professional development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$615,693$290,355▼ $325,338
Land, Buildings, and Equipment, Net$23,532$195,304▲ $171,772
Prepaid Expenses and Deferred Charges$8,208$6,593▼ $1,615
Accounts Receivable-$3,597-
Total Assets$1,375,889$2,107,150▲ $731,261
Other Assets Total$728,456$1,611,301▲ $882,845
Liabilities
Other Liabilities$1,362,807$2,014,939▲ $652,132
Accounts Payable and Accrued Expenses$158,191$124,320▼ $33,871
Total Liabilities$1,520,998$2,139,259▲ $618,261
Net Assets / Fund Balance
Temporarily Rstr Net Assets$107,333$109,975▲ $2,642
Unrestricted Net Assets$-252,442$-142,084▲ $110,358
Total Net Assets Fund Balance$-145,109$-32,109▲ $113,000
Total Liabilities and Net Assets / Fund Balance$1,375,889$2,107,150▲ $731,261

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$147,371-$147,371
Equipment$14,056$54,612$68,668
Other Land Buildings$33,877-$33,877
Other Assets Org$60,449--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Leonora KetyerChair
Herman OrcuttBoard Member
Rick MillerBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Imagine Schools INCManagement1000 GLEBE RD, Arlington, VA 22201$233,039
Revenue and Support

Revenue Composition

Contributions and Grants
$2,679,320
Program Service Revenue
$65,847
Investment Income
$0
Other Revenue
$516,885
All Other Contributions
$457,669
Change in Net Assets
$113,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,262,052
Total Revenue per Audited Statements
$3,262,052
Total Revenue per Form 990
$3,262,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,149,052
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$1,355,501-$1,355,501
Fees for Services Other$92,645$235,358-$328,003
Fees for Services Management-$233,039-$233,039
All Other Expenses$13,853$50,966-$64,819
Office Expenses$26,417$22,182-$48,599
Other Expenses$44,626$62,631-$44,626
Insurance$6,025$23,505-$29,530
Depreciation Depletion-$16,206-$16,206
Information Technology$10,734$168-$10,902
Fees for Services Accounting-$10,400-$10,400
Advertising-$3,551-$3,551
Fees for Services Legal-$2,200-$2,200
Travel-$304-$304
Total Functional Expenses$1,133,041$2,016,011$0$3,149,052

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,149,052
Total Expenses per Audited Statements$3,149,052
Total Expenses per Form 990$3,149,052
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Schoolhouse Finance$2,014,939
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
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

“Imagine schools, inc. Provides comprehensive management services including staffing.”

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

“The 990 is emailed to all board members prior to filing.”

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

“Any conflicts are discussed and disclosed at board meetings.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available upon request at the school.”

Filing and Contact Details

Filer

Filer Name
Imagine Middle at Surprise Inc
EIN
20-4931199
Phone
6233441770
Address
14850 NORTH 156TH AVENUE, SURPRISE, AZ 85379

Signing Officer

Name
Dr Leonora Ketyer
Title
Chair
Phone
6233441770
Signed
2015-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Leonora Ketyer
Formed
2005
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
48

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Provide a systematic standards based curriculum, a warm, caring climate built on trust and communication, family involvement and community support, use of state of the art technology, quality assessments and ongoing professional development.”

Form 990, Part IX, Line 11G

“Management fees 92,645 235,358 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Accordingly, there is no provision for income taxes in the accompanying financial statements. In addition, the school qualifies for the charitable contribution deduction under section 170 of the code and has been classified as an organization that is not a private foundation under section 509(a)(2). Income determined to be unrelated business taxable income would be taxable. The school believes that it has appropriate support for any tax positions taken and as such, does not have any uncertain tax positions that are material to the financial statements. The school's return of organization exempt from income tax returns for the years ending june 30, 2011 and after are subject to examination by the major tax jurisdictions.”

Raw XML Appendix383 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0158191
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0124320
IRS990/AccountsReceivableGrp/EOYAmt03597
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE A SYSTEMATIC STANDARDS BASED CURRICULUM, A WARM, CARING CLIMATE BUILT ON TRUST AND COMMUNICATION, FAMILY INVOLVEMENT AND COMMUNITY SUPPORT, USE OF STATE OF THE ART TECHNOLOGY, QUALITY ASSESSMENTS AND ONGOING PROFESSIONAL DEVELOPMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03551
IRS990/AdvertisingGrp/TotalAmt03551
IRS990/AllOtherContributionsAmt0457669
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt050966
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013853
IRS990/AllOtherExpensesGrp/TotalAmt064819
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHRIS POLK
IRS990/BooksInCareOfDetail/PhoneNum06233441770
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt014850 N 156TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SURPRISE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085379
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0615693
IRS990/CashNonInterestBearingGrp/EOYAmt0290355
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0233039
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01000 GLEBE RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022201
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0IMAGINE SCHOOLS INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02679320
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03149052
IRS990/CYOtherRevenueAmt0516885
IRS990/CYProgramServiceRevenueAmt065847
IRS990/CYRevenuesLessExpensesAmt0113000
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03149052
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03262052
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016206
IRS990/DepreciationDepletionGrp/TotalAmt016206
IRS990/Desc0TO PROVIDE A QUALITY EDUCATION TO STUDENTS IN GRADES SIXTH THROUGH EIGHTH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01133041
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010400
IRS990/FeesForServicesAccountingGrp/TotalAmt010400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02200
IRS990/FeesForServicesLegalGrp/TotalAmt02200
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0233039
IRS990/FeesForServicesManagementGrp/TotalAmt0233039
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0235358
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt092645
IRS990/FeesForServicesOtherGrp/TotalAmt0328003
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RICK MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1HERMAN ORCUTT
IRS990/Form990PartVIISectionAGrp/PersonNm2LEONORA KETYER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt02221651
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03262052
IRS990/GrossRentsGrp/RealAmt0508034
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0168
IRS990/InformationTechnologyGrp/ProgramServicesAmt010734
IRS990/InformationTechnologyGrp/TotalAmt010902
IRS990/InsuranceGrp/ManagementAndGeneralAmt023505
IRS990/InsuranceGrp/ProgramServicesAmt06025
IRS990/InsuranceGrp/TotalAmt029530
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt054612
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023532
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0195304
IRS990/LandBldgEquipCostOrOtherBssAmt0249916
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE A SYSTEMATIC STANDARDS BASED CURRICULUM, A WARM, CARING CLIMATE BUILT ON TRUST AND COMMUNICATION, FAMILY INVOLVEMENT AND COMMUNITY SUPPORT, USE OF STATE OF THE ART TECHNOLOGY, QUALITY ASSESSMENTS AND ONGOING PROFESSIONAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-145109
IRS990/NetAssetsOrFundBalancesEOYAmt0-32109
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0508034
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0508034
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01355501
IRS990/OccupancyGrp/TotalAmt01355501
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022182
IRS990/OfficeExpensesGrp/ProgramServicesAmt026417
IRS990/OfficeExpensesGrp/TotalAmt048599
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0728456
IRS990/OtherAssetsTotalGrp/EOYAmt01611301
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITY EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062631
IRS990/OtherExpensesGrp/ProgramServicesAmt0871998
IRS990/OtherExpensesGrp/ProgramServicesAmt166743
IRS990/OtherExpensesGrp/ProgramServicesAmt244626
IRS990/OtherExpensesGrp/TotalAmt0871998
IRS990/OtherExpensesGrp/TotalAmt166743
IRS990/OtherExpensesGrp/TotalAmt262631
IRS990/OtherExpensesGrp/TotalAmt344626
IRS990/OtherLiabilitiesGrp/BOYAmt01362807
IRS990/OtherLiabilitiesGrp/EOYAmt02014939
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08851
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08851
IRS990/OtherRevenueTotalAmt08851
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08208
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06593
IRS990/PrincipalOfficerNm0DR LEONORA KETYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2ENRICHMENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037980
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122695
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25172
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02528544
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt03166021
IRS990/PYOtherRevenueAmt0556623
IRS990/PYProgramServiceRevenueAmt086141
IRS990/PYRevenuesLessExpensesAmt05287
IRS990/PYTotalExpensesAmt03166021
IRS990/PYTotalRevenueAmt03171308
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0113000
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0508034
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt074698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02679320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02528544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02191518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01331243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08752648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0508034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0504867
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0516644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0659200
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02188745
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03091444
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80000
IRS990ScheduleA/PublicSupportPY170Pct00.78320
IRS990ScheduleA/PublicSupportTotal170Amt08752648
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02679320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02528544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02191518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01331243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022023
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08752648
IRS990ScheduleA/TotalSupportAmt010941393
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/BookValueAmt014056
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054612
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068668
IRS990ScheduleD/ExpensesSubtotalAmt03149052
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0147371
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0147371
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01094544
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1456308
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt260449
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM IMAGINE SCHOOLS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM OPERATING COMPANY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM OTHER AGENCIES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033877
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02014939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SCHOOLHOUSE FINANCE
IRS990ScheduleD/RevenueSubtotalAmt03262052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME WOULD BE TAXABLE. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX RETURNS FOR THE YEARS ENDING JUNE 30, 2011 AND AFTER ARE SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0195304
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01611301
IRS990ScheduleD/TotalExpensesPerForm990Amt03149052
IRS990ScheduleD/TotalLiabilityAmt02014939
IRS990ScheduleD/TotalRevenuePerForm990Amt03262052
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03262052
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03149052
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE A SYSTEMATIC STANDARDS BASED CURRICULUM, A WARM, CARING CLIMATE BUILT ON TRUST AND COMMUNICATION, FAMILY INVOLVEMENT AND COMMUNITY SUPPORT, USE OF STATE OF THE ART TECHNOLOGY, QUALITY ASSESSMENTS AND ONGOING PROFESSIONAL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IMAGINE SCHOOLS, INC. PROVIDES COMPREHENSIVE MANAGEMENT SERVICES INCLUDING STAFFING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CONFLICTS ARE DISCUSSED AND DISCLOSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGEMENT FEES 92,645 235,358 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0107333
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0109975
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01375889
IRS990/TotalAssetsEOYAmt02107150
IRS990/TotalAssetsGrp/BOYAmt01375889
IRS990/TotalAssetsGrp/EOYAmt02107150
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02679320
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02016011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01133041
IRS990/TotalFunctionalExpensesGrp/TotalAmt03149052
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01520998
IRS990/TotalLiabilitiesEOYAmt02139259
IRS990/TotalLiabilitiesGrp/BOYAmt01520998
IRS990/TotalLiabilitiesGrp/EOYAmt02139259
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-145109
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-32109
IRS990/TotalProgramServiceExpensesAmt01133041
IRS990/TotalProgramServiceRevenueAmt065847
IRS990/TotalRevenueGrp/ExclusionAmt0508034
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074698
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03262052
IRS990/TotalVolunteersCnt048
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01375889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02107150
IRS990/TravelGrp/ManagementAndGeneralAmt0304
IRS990/TravelGrp/TotalAmt0304
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-252442
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-142084
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014850 N 156TH AVE
IRS990/USAddress/CityNm0SURPRISE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085379
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.IMAGINESCHOOLS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR LEONORA KETYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06233441770
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMAGINE MIDDLE AT SURPRISE INC
ReturnHeader/Filer/BusinessNameControlTxt0IMAG
ReturnHeader/Filer/EIN0204931199
ReturnHeader/Filer/PhoneNum06233441770
ReturnHeader/Filer/USAddress/AddressLine1Txt014850 NORTH 156TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0SURPRISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085379
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591152714
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08035 SPYGLASS HILL RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELBOURNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032940
ReturnHeader/PreparerPersonGrp/PhoneNum03217572020
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROSS WHITLEY
ReturnHeader/ReturnTs02016-02-17T10:01:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,107,150
Liabilities
$2,139,259
Net assets
-$32,109
Revenue
$3,262,052
Expenses
$3,149,052
Net income
$113,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$12.5$0.08$4.28$4.31$0.02
2024Detailed filing. Detailed filing data is available for this year.$12.6$12.7$0.06$3.99$4.00$0.01
2023Detailed filing. Detailed filing data is available for this year.$16.4$16.4$0.05$4.65$4.51$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.03$2.22$0.20$4.32$4.35$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.58$1.75$0.17$4.24$4.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.21$1.43$0.22$4.21$4.25$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.97$1.14$0.17$4.21$4.11$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.16$1.88$0.72$3.48$3.89$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.33$1.64$0.31$3.52$3.77$0.25
2016Detailed filing. Detailed filing data is available for this year.$2.09$2.16$0.06$3.42$3.45$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.11$2.14$0.03$3.26$3.15$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.38$1.52$0.15$3.17$3.17$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$1.74$0.15$2.79
2012Summary only. Only limited summary data is available for this year.$0.43$0.57$0.13$2.37$2.67$0.30
2011Summary only. Only limited summary data is available for this year.$0.54$0.38$0.16$2.66$2.71$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.12$0.21$1.86