Civic Intelligence

Imagination Institute

990EZ • Fiscal year 2018 • EIN 31-1712813

Jul 01, 2018 to Dec 26, 2018 • Filed on Nov 14, 2019

165 Township Line Road No 1200Jenkintown, PA 19046-3533

(215) 277-3010

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $950,406 (-100%) from 2017

Net Assets

Down

$0

Down $818,866 (-100%) from 2017

Liabilities

Down

$0

Down $131,540 (-100%) from 2017

Revenue

Down

$0

Down $1,127,591 (-100%) from 2017

Expenses

Down

$227,297

Down $820,757 (-78%) from 2017

Net Income

Down

-$227,297

Down $306,834 (-386%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2015: $1,322,892Liabilities 2015: $778,192Net Assets 2015: $544,7002015Assets 2016: $922,079Liabilities 2016: $182,750Net Assets 2016: $739,3292016Assets 2017: $950,406Liabilities 2017: $131,540Net Assets 2017: $818,8662017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2018: $227,297Liabilities 2018: $0Net Assets 2018: $227,2972018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $2,422,026Expenses 2015: $2,009,965Net Income 2015: $412,0612015Revenue 2016: $2,287,027Expenses 2016: $2,092,398Net Income 2016: $194,6292016Revenue 2017: $1,127,591Expenses 2017: $1,048,054Net Income 2017: $79,5372017Revenue 2018: $0Expenses 2018: $227,297Net Income 2018: -$227,2972018Revenue 2018: $139Expenses 2018: $624,871Net Income 2018: -$624,7322018

Highlighted filing

2018

Revenue$0
Expenses$227,297
Net Income-$227,297
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Dec 26, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

The mission of imagination institute is to advance research and understanding on imagination. Imagination institute is a supporting organization to national philanthropic trust (npt), an independent, nationally-recognized, public charity whose mission is to increase philanthropy in our society.

Program Services

DescriptionGrantsExpenses
IMAGINATION INSTITUTE WAS INACTIVE THRU 12/26/18, WHICH WAS THE DATE OF DISSOLUTION. ALL REMAINING ASSETS OF THE CORPORATION HAVE BEEN DISTRIBUTED ACCORDING TO THE ARTICLES OF DISSOLUTION TO NATIONAL PHILANTHROPIC TRUST A 501(C)(3) ORGANIZATION WHOSE MISSION IS TO INCREASE PHILANTHROPY IN OUR SOCIETY.$227,297$227,297
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EILEEN R HEISMANDirector, Vice President-$0--
JOSEPH KLUGERDirector-$0--
ANDREA RUSHSecretary-$0--
RENE J PARADISTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Imagination Institute
EIN
31-1712813
Phone
2152773010
Address
165 TOWNSHIP LINE ROAD NO 1200, JENKINTOWN, PA 19046-3533

Signing Officer

Name
Eileen R Heisman
Title
Vice President
Phone
2152773010
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
30 S 17TH STREET SUITE 710, PHILADELPHIA, PA 19103
Preparer
Lynne Johnson
Phone
2157654600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: national philanthropic trust. Grantee address: 165 township line road, suite 1200 jenkintown, pa 19046. Property description: cash. Date of gift: 12/26/18. Amount given: 227,297.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from affiliates. Beg. Of year amount: 227,297. End of year amount: 0.

Form 990-ez, Part V, Line 34

Imagination institute was dissolved as of 12/26/18. All remaining assets of the corporation have been distributed according to the articles of dissolution to national philanthropic trust a 501(c)(3) organization whose mission is to increase philanthropy in our society.

Raw XML Appendix179 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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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF IMAGINATION INSTITUTE IS TO ADVANCE RESEARCH AND UNDERSTANDING ON IMAGINATION. IMAGINATION INSTITUTE IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN OUR SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMAGINATION INSTITUTE WAS INACTIVE THRU 12/26/18, WHICH WAS THE DATE OF DISSOLUTION. ALL REMAINING ASSETS OF THE CORPORATION HAVE BEEN DISTRIBUTED ACCORDING TO THE ARTICLES OF DISSOLUTION TO NATIONAL PHILANTHROPIC TRUST A 501(C)(3) ORGANIZATION WHOSE MISSION IS TO INCREASE PHILANTHROPY IN OUR SOCIETY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: NATIONAL PHILANTHROPIC TRUST. GRANTEE ADDRESS: 165 TOWNSHIP LINE ROAD, SUITE 1200 JENKINTOWN, PA 19046. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/26/18. AMOUNT GIVEN: 227,297.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE FROM AFFILIATES. BEG. OF YEAR AMOUNT: 227,297. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IMAGINATION INSTITUTE WAS DISSOLVED AS OF 12/26/18. ALL REMAINING ASSETS OF THE CORPORATION HAVE BEEN DISTRIBUTED ACCORDING TO THE ARTICLES OF DISSOLUTION TO NATIONAL PHILANTHROPIC TRUST A 501(C)(3) ORGANIZATION WHOSE MISSION IS TO INCREASE PHILANTHROPY IN OUR SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART V, LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02019-11-15T08:09:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02018-12-26
ReturnHeader/TaxYr02018

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