Civic Intelligence

Imagine Prep Superstition Inc.

990 • Fiscal year 2020 • EIN 45-2540612

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 20, 2021

Organization ProfileIMAGINEPREP.COM
1843 W 16th AveApache Junction, AZ 85120

(480) 355-0530

Siviq Scores

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

Liabilities / Assets

97th percentile

1.60x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.74x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

33rd percentile

-1.7%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$114,167

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

32nd percentile

-0.0%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-0.4%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$1,898,256

Down $803 (-0.0%) from 2019

Net Assets

Down

-$1,141,662

Down $68,391 (-6.4%) from 2019

Liabilities

Up

$3,039,918

Up $67,588 (+2.3%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin33rd percentile

Revenue

Down

$4,084,516

Down $15,304 (-0.4%) from 2019

Expenses

Up

$4,152,907

Up $47,517 (+1.2%) from 2019

Net Income

Down

-$68,391

Down $62,821 (-1128%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $575,719Liabilities 2014: $1,790,957Net Assets 2014: -$1,215,2382014Assets 2015: $888,081Liabilities 2015: $2,013,319Net Assets 2015: -$1,125,2382015Assets 2016: $1,063,770Liabilities 2016: $2,089,008Net Assets 2016: -$1,025,2382016Assets 2017: $1,519,440Liabilities 2017: $2,392,888Net Assets 2017: -$873,4482017Assets 2018: $1,751,813Liabilities 2018: $2,819,514Net Assets 2018: -$1,067,7012018Assets 2019: $1,899,059Liabilities 2019: $2,972,330Net Assets 2019: -$1,073,2712019Assets 2020: $1,898,256Liabilities 2020: $3,039,918Net Assets 2020: -$1,141,6622020Assets 2021: $2,298,197Liabilities 2021: $3,320,814Net Assets 2021: -$1,022,6172021Assets 2022: $2,356,250Liabilities 2022: $3,367,876Net Assets 2022: -$1,011,6262022Assets 2023: $11,081,093Liabilities 2023: $11,966,523Net Assets 2023: -$885,4302023Assets 2024: $10,233,927Liabilities 2024: $11,214,315Net Assets 2024: -$980,3882024Assets 2025: $9,549,948Liabilities 2025: $10,604,840Net Assets 2025: -$1,054,8922025

Highlighted filing

2020

Assets$1,898,256
Liabilities$3,039,918
Net Assets-$1,141,662
Open 2020 Filing

Operations Trend

Revenue Growth47th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $2,494,619Expenses 2014: $2,494,619Net Income 2014: $02014Revenue 2015: $2,953,529Expenses 2015: $2,863,529Net Income 2015: $90,0002015Revenue 2016: $3,224,178Expenses 2016: $3,124,178Net Income 2016: $100,0002016Revenue 2017: $3,167,708Expenses 2017: $3,105,918Net Income 2017: $61,7902017Revenue 2018: $3,753,447Expenses 2018: $3,947,700Net Income 2018: -$194,2532018Revenue 2019: $4,099,820Expenses 2019: $4,105,390Net Income 2019: -$5,5702019Revenue 2020: $4,084,516Expenses 2020: $4,152,907Net Income 2020: -$68,3912020Revenue 2021: $4,451,222Expenses 2021: $4,332,177Net Income 2021: $119,0452021Revenue 2022: $4,749,153Expenses 2022: $4,738,162Net Income 2022: $10,9912022Revenue 2023: $4,510,371Expenses 2023: $4,384,175Net Income 2023: $126,1962023Revenue 2024: $4,309,461Expenses 2024: $4,404,419Net Income 2024: -$94,9582024Revenue 2025: $4,551,114Expenses 2025: $4,625,618Net Income 2025: -$74,5042025

Highlighted filing

2020

Revenue$4,084,516
Expenses$4,152,907
Net Income-$68,391
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 20, 2021
Return Version
2019v5.0
Gross Receipts
$4,084,516
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$624,255$551,620▼ $72,635
Cash and Non-Interest-Bearing Accounts$379,958$439,057▲ $59,099
Pledges and Grants Receivable$84,987$54,603▼ $30,384
Prepaid Expenses and Deferred Charges$10,820--
Accounts Receivable$4,121$4,120▼ $1
Total Assets$1,899,059$1,898,256▼ $803
Other Assets Total$794,918$848,856▲ $53,938
Liabilities
Other Liabilities$2,606,997$2,745,955▲ $138,958
Accounts Payable and Accrued Expenses$334,712$280,897▼ $53,815
Deferred Revenue$30,621$13,066▼ $17,555
Total Liabilities$2,972,330$3,039,918▲ $67,588
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$125,746-
Net Assets Without Donor Restrictions$-1,073,271$-1,267,408▼ $194,137
Total Net Assets Fund Balance$-1,073,271$-1,141,662▼ $68,391
Total Liabilities and Net Assets / Fund Balance$1,899,059$1,898,256▼ $803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$333,918$515,472$849,390
Leasehold Improvements$217,702$255,036$472,738
Other Assets Org$848,856--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank StirpePrincipalPT$76,062$38,105$114,167
Julia ReedPrincipalPT$36,157$18,114$54,271

Board Members and Trustees

NameTitle
Lenora KetyerChair
Robert AllenDirector
Herman OrcuttSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$581,394
Program Service Revenue
$3,170,309
Investment Income
$0
Other Revenue
$332,813
All Other Contributions
$241,394
Change in Net Assets
$-68,391

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$340,000
Total Noncash Contributions1$340,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,084,516
Total Revenue per Audited Statements
$4,084,516
Total Revenue per Form 990
$4,084,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,245,298
Salaries, Compensation, and Employee Benefits$1,907,609
Total Fundraising Expense$1,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,138,544$204,053-$1,342,597
Occupancy$724,322$181,080-$905,402
Fees for Services Management-$346,099-$346,099
Other Employee Benefits$212,948$92,896-$305,844
All Other Expenses$115,930$55,909$1,500$173,339
Depreciation Depletion-$158,460-$158,460
Current Officers, Directors, Trustees, and Key Employees$95,164$17,055-$112,219
Payroll Taxes$66,234$28,893-$95,127
Fees for Services Other$84,437--$84,437
Other Expenses$73,082$7,527-$73,082
Pension Plan Contributions$36,082$15,740-$51,822
Insurance$41,258$10,315-$51,573
Advertising$38,604$9,651-$48,255
Information Technology$31,831$7,958-$39,789
Interest-$21,273-$21,273
Fees for Services Accounting-$17,050-$17,050
Office Expenses$8,158$2,040-$10,198
Travel-$3,276-$3,276
Fees for Services Legal-$2,804-$2,804
Total Functional Expenses$2,940,864$1,210,543$1,500$4,152,907

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,152,907
Total Expenses per Audited Statements$4,152,907
Total Expenses per Form 990$4,152,907
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 Related Party$2,359,801
Note Payable - Related Party$225,744
Capital Lease$127,038
Capital Lease Related Party$33,372
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Imagine schools, inc. Provided comprehensive management services to the school including staffing.”

Form 990, Page 6, Part VI, Line 6

“He school's single member is imagine schools, inc. (ein 04-3466383), which is tax-exempt pursuant to section 501(c)(3) of the internal revenue code.”

Form 990, Page 6, Part VI, Line 7A

“As the single member, imagine schools, inc. Has the exclusive right to approve any amendments to the articles of incorporation or the bylaws, to appoint members of the board of directors, to vote on the disposition of all or substantially all of the corporation's assets, to vote on any merger and its principal terms and any amendment of those terms, and to vote on any election to the corporation; however, the direction and management of the affairs of the corporation are vested in the corporation's board of directors.”

Form 990, Page 6, Part VI, Line 7B

“See the response to form 990 part vi, line 7a.”

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

“A draft of the form 990 is reviewed by the board of directors prior to filing with the irs.”

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

“Each director, principal officer, and member of a committee with board delegated power shall annually sign a statement which affirms that such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

Form 990, Page 6, Part VI, Line 19

“Any and all governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Imagine Prep Superstition Inc
EIN
45-2540612
Phone
4803550530
Address
1843 W 16TH AVE, APACHE JUNCTION, AZ 85120

Signing Officer

Name
Lenora Ketyer
Title
Chair
Phone
6233441770
Signed
2021-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lenora Ketyer
Formed
2010
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
63

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Raw XML AppendixShowing 400 of 737 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/BOYAmt0334712
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0280897
IRS990/AccountsReceivableGrp/BOYAmt04121
IRS990/AccountsReceivableGrp/EOYAmt04120
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A NOT FOR PROFIT CHARTER SCHOOL AND CONDUCT EDUCATIONAL RESEARCH, EVALUATION, AND DEVELOPMENT ACTIVITIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt09651
IRS990/AdvertisingGrp/ProgramServicesAmt038604
IRS990/AdvertisingGrp/TotalAmt048255
IRS990/AllOtherContributionsAmt0241394
IRS990/AllOtherExpensesGrp/FundraisingAmt01500
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt055909
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0115930
IRS990/AllOtherExpensesGrp/TotalAmt0173339
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04803550530
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01843 W 16TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0APACHE JUNCTION
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085120
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0379958
IRS990/CashNonInterestBearingGrp/EOYAmt0439057
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017055
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt095164
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0112219
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0581394
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02245298
IRS990/CYOtherRevenueAmt0332813
IRS990/CYProgramServiceRevenueAmt03170309
IRS990/CYRevenuesLessExpensesAmt0-68391
IRS990/CYSalariesCompEmpBnftPaidAmt01907609
IRS990/CYTotalExpensesAmt04152907
IRS990/CYTotalFundraisingExpenseAmt01500
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04084516
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt030621
IRS990/DeferredRevenueGrp/EOYAmt013066
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0158460
IRS990/DepreciationDepletionGrp/TotalAmt0158460
IRS990/Desc0OPERATION OF A CHARTER SCHOOL FOR STUDENTS IN 9TH THROUGH 12TH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0125746
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02940864
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017050
IRS990/FeesForServicesAccountingGrp/TotalAmt017050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02804
IRS990/FeesForServicesLegalGrp/TotalAmt02804
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0346099
IRS990/FeesForServicesManagementGrp/TotalAmt0346099
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt084437
IRS990/FeesForServicesOtherGrp/TotalAmt084437
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt013.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt027.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt127.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANK STIRPE
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIA REED
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm3LENORA KETYER
IRS990/Form990PartVIISectionAGrp/PersonNm4HERMAN ORCUTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt076062
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt136157
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt038105
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt118114
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04084516
IRS990/GrossRentsGrp/RealAmt0295916
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07958
IRS990/InformationTechnologyGrp/ProgramServicesAmt031831
IRS990/InformationTechnologyGrp/TotalAmt039789
IRS990/InsuranceGrp/ManagementAndGeneralAmt010315
IRS990/InsuranceGrp/ProgramServicesAmt041258
IRS990/InsuranceGrp/TotalAmt051573
IRS990/InterestGrp/ManagementAndGeneralAmt021273
IRS990/InterestGrp/TotalAmt021273
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0770508
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0624255
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0551620
IRS990/LandBldgEquipCostOrOtherBssAmt01322128
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A NOT FOR PROFIT CHARTER SCHOOL AND CONDUCT EDUCATIONAL RESEARCH, EVALUATION, AND DEVELOPMENT ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-1073271
IRS990/NetAssetsOrFundBalancesEOYAmt0-1141662
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0295916
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0295916
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1073271
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1267408
IRS990/NoncashContributionsAmt0340000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0181080
IRS990/OccupancyGrp/ProgramServicesAmt0724322
IRS990/OccupancyGrp/TotalAmt0905402
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02040
IRS990/OfficeExpensesGrp/ProgramServicesAmt08158
IRS990/OfficeExpensesGrp/TotalAmt010198
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0794918
IRS990/OtherAssetsTotalGrp/EOYAmt0848856
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt092896
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0212948
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0305844
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND INSTRUCTIONA
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3FOOD SERVICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028464
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17527
IRS990/OtherExpensesGrp/ProgramServicesAmt0113857
IRS990/OtherExpensesGrp/ProgramServicesAmt180176
IRS990/OtherExpensesGrp/ProgramServicesAmt280237
IRS990/OtherExpensesGrp/ProgramServicesAmt373082
IRS990/OtherExpensesGrp/TotalAmt0142321
IRS990/OtherExpensesGrp/TotalAmt187703
IRS990/OtherExpensesGrp/TotalAmt280237
IRS990/OtherExpensesGrp/TotalAmt373082
IRS990/OtherLiabilitiesGrp/BOYAmt02606997
IRS990/OtherLiabilitiesGrp/EOYAmt02745955
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036897
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036897
IRS990/OtherRevenueTotalAmt036897
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0204053
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01138544
IRS990/OtherSalariesAndWagesGrp/TotalAmt01342597
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028893
IRS990/PayrollTaxesGrp/ProgramServicesAmt066234
IRS990/PayrollTaxesGrp/TotalAmt095127
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015740
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036082
IRS990/PensionPlanContributionsGrp/TotalAmt051822
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt084987
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt054603
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010820
IRS990/PrincipalOfficerNm0LENORA KETYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CLASSROOM SITE FUND
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4INSTRUCTIONAL IMPROVEMENT FUN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02870095
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1208753
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt255494
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02870095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1208753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417308
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0571455
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02280350
IRS990/PYOtherRevenueAmt0397539
IRS990/PYProgramServiceRevenueAmt03130826
IRS990/PYRevenuesLessExpensesAmt0-5570
IRS990/PYSalariesCompEmpBnftPaidAmt01825040
IRS990/PYTotalExpensesAmt04105390
IRS990/PYTotalRevenueAmt04099820
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-68391
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0340000
IRS990/RentalIncomeOrLossGrp/RealAmt0295916
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03170309
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/BookValueAmt0333918
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0515472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0849390
IRS990ScheduleD/ExpensesSubtotalAmt04152907
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0217702
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0255036
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0472738
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0848856
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02359801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1225744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2127038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt333372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE - RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CAPITAL LEASE RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt04084516
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0551620
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0848856
IRS990ScheduleD/TotalExpensesPerForm990Amt04152907
IRS990ScheduleD/TotalLiabilityAmt02745955
IRS990ScheduleD/TotalRevenuePerForm990Amt04084516
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04084516
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04152907
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'S NONDISCRIMINATORY POLICY IS DESCRIBE IN THE PARENT HANDBOOK AND IS GIVEN TO ANYONE INQUIRING ABOUT ATTENDING THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES ARIZONA STATE FUNDS TO OPERATE A PUBLIC CHARTER SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0340000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMAGINE SCHOOLS, INC. PROVIDED COMPREHENSIVE MANAGEMENT SERVICES TO THE SCHOOL INCLUDING STAFFING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HE SCHOOL'S SINGLE MEMBER IS IMAGINE SCHOOLS, INC. (EIN 04-3466383), WHICH IS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS THE SINGLE MEMBER, IMAGINE SCHOOLS, INC. HAS THE EXCLUSIVE RIGHT TO APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR THE BYLAWS, TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS, TO VOTE ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, TO VOTE ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, AND TO VOTE ON ANY ELECTION TO THE CORPORATION; HOWEVER, THE DIRECTION AND MANAGEMENT OF THE AFFAIRS OF THE CORPORATION ARE VESTED IN THE CORPORATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE THE RESPONSE TO FORM 990 PART VI, LINE 7A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANY AND ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd7false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd8false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd9false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd12false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd13false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd14false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd15false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd16false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd17false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd18false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd19false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd9N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd10N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd11N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd12N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd13N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd14N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd15N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd16N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,898,256
Liabilities
$3,039,918
Net assets
-$1,141,662
Revenue
$4,084,516
Expenses
$4,152,907
Net income
-$68,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.55$10.6$1.05$4.55$4.63$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$11.2$0.98$4.31$4.40$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$12.0$0.89$4.51$4.38$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$3.37$1.01$4.75$4.74$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$3.32$1.02$4.45$4.33$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.90$3.04$1.14$4.08$4.15$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$2.97$1.07$4.10$4.11$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$2.82$1.07$3.75$3.95$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$2.39$0.87$3.17$3.11$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$2.09$1.03$3.22$3.12$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.89$2.01$1.13$2.95$2.86$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.58$1.79$1.22$2.49$2.49$0.00