Civic Intelligence

Imagination Foundation

990 • Fiscal year 2016 • EIN 30-0742986

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 24, 2017

Organization ProfileIMAGINATION.ORG
555 W 5th Street 35th FloorLos Angeles, CA 90013

(213) 375-3080

Siviq Scores

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

Liabilities / Assets

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.05x

Higher debt load relative to revenue than 55% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

100th percentile

16301%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

78%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$213,872

Up $212,568 (+16301%) from 2015

Net Assets

Up

$172,468

Up $200,969 (+705%) from 2015

Liabilities

Up

$41,404

Up $11,599 (+39%) from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin82nd percentile

Revenue

Up

$789,827

Up $345,416 (+78%) from 2015

Expenses

Up

$588,858

Up $135,146 (+30%) from 2015

Net Income

Up

$200,969

Up $210,270 (+2261%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$300K$200K$100K$0-$100KAssets 2015: $1,304Liabilities 2015: $29,805Net Assets 2015: -$28,5012015Assets 2016: $213,872Liabilities 2016: $41,404Net Assets 2016: $172,4682016Assets 2017: $92,039Liabilities 2017: $39,875Net Assets 2017: $52,1642017Assets 2018: $144,121Liabilities 2018: $34,175Net Assets 2018: $109,9462018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$213,872
Liabilities$41,404
Net Assets$172,468
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

$1.0M$500K$0-$500KRevenue 2015: $444,411Expenses 2015: $453,712Net Income 2015: -$9,3012015Revenue 2016: $789,827Expenses 2016: $588,858Net Income 2016: $200,9692016Revenue 2017: $376,951Expenses 2017: $497,254Net Income 2017: -$120,3032017Revenue 2018: $537,483Expenses 2018: $479,701Net Income 2018: $57,7822018Revenue 2019: $0Expenses 2019: $109,946Net Income 2019: -$109,9462019

Highlighted filing

2016

Revenue$789,827
Expenses$588,858
Net Income$200,969
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 24, 2017
Return Version
2015v3.0
Gross Receipts
$789,827
Mission and Program Overview

Mission

To find, foster and fund creativity and entrepreneurship in children around the world to raise a new generation of innovators and problem solvers who have the tools they need to build the world they imagine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$304$109,348▲ $109,044
Pledges and Grants Receivable-$100,000-
Loans From Officers Directors$8,154$16,854▲ $8,700
Land, Buildings, and Equipment, Net-$3,524-
Total Assets$1,304$213,872▲ $212,568
Other Assets Total$1,000$1,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$21,651$24,550▲ $2,899
Total Liabilities$29,805$41,404▲ $11,599
Net Assets / Fund Balance
Unrestricted Net Assets$-28,501$172,468▲ $200,969
Total Net Assets Fund Balance$-28,501$172,468▲ $200,969
Total Liabilities and Net Assets / Fund Balance$1,304$213,872▲ $212,568

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,524$365$3,889
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Mike McgalliardExecutive DiFT$120,950$120,950

Board Members and Trustees

NameTitle
Ben GoldhirshDirector
Nirvan MullickDirector
Scott CurranDirector
Stephanie GalloDirector
Tom Vander ArkDirector
Sarah AdolphsonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$789,827
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$789,827
Change in Net Assets
$200,969

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Books and Publications$131,686Fair Market Value
Total Noncash Contributions$131,686-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,785
Salaries, Compensation, and Employee Benefits$261,073
Total Fundraising Expense$11,732
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$116,947$11,337$5,669$133,953
Other Salaries and Wages$96,108$9,317$4,658$110,083
Fees for Services Other$80,135--$80,135
Travel$29,882$4,345-$34,227
Fees for Services Accounting-$24,862-$24,862
Occupancy$16,598$2,414-$19,012
Information Technology$14,510$2,110-$16,620
Payroll Taxes$12,889$1,249$625$14,763
Office Expenses$3,793$552-$4,345
Advertising-$3,075-$3,075
Other Employee Benefits$1,985$193$96$2,274
Other Expenses$1,282$186$595$595
Depreciation Depletion$318$46-$364
Total Functional Expenses$517,262$59,864$11,732$588,858
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$8,154$16,854▲ $8,700
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“A copy of the form 990 is presented to the board for comments and/or approval prior to filing the form.”

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

“After disclosure of the financial interest and all material facts, and after any discussion with the interested person, such person shall recuse him or herself from any meeting or on-line communication in which the determination of a conflict of interest is discussed and resolved. The remaining board or committee members shall decide if a conflict of interest exists.”

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

“Human resources performs market research based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation amounts.”

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

“SAME AS ABOVE.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Imagination Foundation
EIN
30-0742986
Phone
2133753080
Address
555 W 5TH STREET 35TH FLOOR, LOS ANGELES, CA 90013

Signing Officer

Name
Mike Mcgalliard
Title
Executive Director
Phone
2133753080
Signed
2017-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Mcgalliard
Formed
2012
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
3
Volunteers
1,500

Preparer

Firm
Vicenti Lloyd & Stutzman
Address
2210 E ROUTE 66 STE 100, GLENDORA, CA 91740-4676
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Video production 67,600 0 0 educational consulting 12,035 0 0 direct program expenses 500 0 0”

Raw XML Appendix374 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/BOYAmt021651
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024550
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO FIND, FOSTER AND FUND CREATIVITY AND ENTREPRENEURSHIP IN CHILDREN AROUND THE WORLD TO RAISE A NEW GENERATION OF INNOVATORS AND PROBLEM SOLVERS WHO HAVE THE TOOLS THEY NEED TO BUILD THE WORLD THEY IMAGINE.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03075
IRS990/AdvertisingGrp/TotalAmt03075
IRS990/AllOtherContributionsAmt0789827
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHARTER IMPACT
IRS990/BooksInCareOfDetail/PhoneNum08884740322
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015260 VENTURA BLVD STE 1700
IRS990/BooksInCareOfDetail/USAddress/CityNm0SHERMAN OAKS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091403
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0304
IRS990/CashNonInterestBearingGrp/EOYAmt0109348
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt05669
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011337
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0116947
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0133953
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0789827
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0327785
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0200969
IRS990/CYSalariesCompEmpBnftPaidAmt0261073
IRS990/CYTotalExpensesAmt0588858
IRS990/CYTotalFundraisingExpenseAmt011732
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0789827
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt046
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0318
IRS990/DepreciationDepletionGrp/TotalAmt0364
IRS990/Desc0CREATIVITY CAMPAIGNS LOCAL AND GLOBAL CAMPAIGNS TO CELEBRATE AND PROMOTE THE VALUE OF CHILD CREATIVITY AND THE TOOLS TO FOSTER IT. THE SIGNATURE CAMPAIGN IS THE GLOBAL CARDBOARD CHALLENGE, WHERE CHILDREN BUILD USING CARDBOARD, RECYCLABLES AND IMAGINATION. ADDITIONAL CAMPAIGNS INCLUDE THE INVENTOR'S CHALLENGE AND THE EARTH DAY CARDBOARD CHALLENGE, AND SCIENCE AT PLAY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0135049
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024862
IRS990/FeesForServicesAccountingGrp/TotalAmt024862
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt080135
IRS990/FeesForServicesOtherGrp/TotalAmt080135
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt315.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt415.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt515.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt615.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE MCGALLIARD
IRS990/Form990PartVIISectionAGrp/PersonNm1NIRVAN MULLICK
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH ADOLPHSON
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT CURRAN
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN GOLDHIRSH
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM VANDER ARK
IRS990/Form990PartVIISectionAGrp/PersonNm6STEPHANIE GALLO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0120950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0789827
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02110
IRS990/InformationTechnologyGrp/ProgramServicesAmt014510
IRS990/InformationTechnologyGrp/TotalAmt016620
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0365
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03524
IRS990/LandBldgEquipCostOrOtherBssAmt03889
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt08154
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt016854
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO FIND, FOSTER AND FUND CREATIVITY AND ENTREPRENEURSHIP IN CHILDREN AROUND THE WORLD TO RAISE A NEW GENERATION OF INNOVATORS AND PROBLEM SOLVERS WHO HAVE THE TOOLS THEY NEED TO BUILD THE WORLD THEY IMAGINE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-28501
IRS990/NetAssetsOrFundBalancesEOYAmt0172468
IRS990/NoncashContributionsAmt0131686
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02414
IRS990/OccupancyGrp/ProgramServicesAmt016598
IRS990/OccupancyGrp/TotalAmt019012
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0552
IRS990/OfficeExpensesGrp/ProgramServicesAmt03793
IRS990/OfficeExpensesGrp/TotalAmt04345
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherAssetsTotalGrp/EOYAmt01000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt096
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0193
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01985
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02274
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt089
IRS990/OtherExpensesGrp/FundraisingAmt1595
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0178
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1186
IRS990/OtherExpensesGrp/ProgramServicesAmt0140984
IRS990/OtherExpensesGrp/ProgramServicesAmt11831
IRS990/OtherExpensesGrp/ProgramServicesAmt21282
IRS990/OtherExpensesGrp/TotalAmt0140984
IRS990/OtherExpensesGrp/TotalAmt12098
IRS990/OtherExpensesGrp/TotalAmt21468
IRS990/OtherExpensesGrp/TotalAmt3595
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04658
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09317
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt096108
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110083
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0625
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01249
IRS990/PayrollTaxesGrp/ProgramServicesAmt012889
IRS990/PayrollTaxesGrp/TotalAmt014763
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MIKE MCGALLIARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0IMAGINATION CHAPTERS CHAPTERS ARE POP-UP LEARNING SPACES THAT FOSTER CREATIVITY, ENTREPRENEURSHIP AND 21ST CENTURY SKILLS THROUGH CREATIVE PLAY. THEY USE A RANGE OF TOOLS AND MATERIALS, FROM CARDBOARD TO ADVANCED ELECTRONICS, AND CAN LAUNCH ANYWHERE, INCLUDING IN SCHOOLS, LIBRARIES AND COMMUNITY CENTERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0382213
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0444225
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0154885
IRS990/PYOtherRevenueAmt0186
IRS990/PYRevenuesLessExpensesAmt0-9301
IRS990/PYSalariesCompEmpBnftPaidAmt0298827
IRS990/PYTotalExpensesAmt0453712
IRS990/PYTotalRevenueAmt0444411
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0200969
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0789827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0444225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0407578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0294151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01935781
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01323660
IRS990ScheduleA/SubstantialContributorsTotAmt0612121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0789827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0444225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0407578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0294151
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01935781
IRS990ScheduleA/TotalSupportAmt01935781
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/BookValueAmt03524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0365
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03889
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03524
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt016854
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ASSISTANCE FOR START-UP COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0178630
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NIRVAN MULLICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt016854
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/BooksAndPublicationsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/BooksAndPublicationsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BooksAndPublicationsGrp/NoncashContributionsRptF990Amt0131686
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, SUCH PERSON SHALL RECUSE HIM OR HERSELF FROM ANY MEETING OR ON-LINE COMMUNICATION IN WHICH THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND RESOLVED. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HUMAN RESOURCES PERFORMS MARKET RESEARCH BASED ON INDUSTRY AND SIZE WHEN DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE COMPENSATION AMOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME AS ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VIDEO PRODUCTION 67,600 0 0 EDUCATIONAL CONSULTING 12,035 0 0 DIRECT PROGRAM EXPENSES 500 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
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/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01304
IRS990/TotalAssetsEOYAmt0213872
IRS990/TotalAssetsGrp/BOYAmt01304
IRS990/TotalAssetsGrp/EOYAmt0213872
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0789827
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011732
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059864
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0517262
IRS990/TotalFunctionalExpensesGrp/TotalAmt0588858
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029805
IRS990/TotalLiabilitiesEOYAmt041404
IRS990/TotalLiabilitiesGrp/BOYAmt029805
IRS990/TotalLiabilitiesGrp/EOYAmt041404
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-28501
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0172468
IRS990/TotalProgramServiceExpensesAmt0517262
IRS990/TotalReportableCompFromOrgAmt0120950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0789827
IRS990/TotalVolunteersCnt01500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01304
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0213872
IRS990/TravelGrp/ManagementAndGeneralAmt04345
IRS990/TravelGrp/ProgramServicesAmt029882
IRS990/TravelGrp/TotalAmt034227
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-28501
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0172468
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0555 W 5TH STREET 35TH FLOOR
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090013
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0IMAGINATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE MCGALLIARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02133753080
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMAGINATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IMAG
ReturnHeader/Filer/EIN0300742986
ReturnHeader/Filer/PhoneNum02133753080
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 W 5TH STREET 35TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090013
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952242818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICENTI LLOYD & STUTZMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 E ROUTE 66 STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0917404676
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DERRICK DEBRUYNE CPA
ReturnHeader/ReturnTs02017-04-25T22:02:54+00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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
$213,872
Liabilities
$41,404
Net assets
$172,468
Revenue
$789,827
Expenses
$588,858
Net income
$200,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.10$1.10
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.34$1.10$5.37$4.80$0.58
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.40$0.52$3.77$4.97$1.20
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.41$1.72$7.90$5.89$2.01
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.30$0.29$4.44$4.54$0.09