Civic Intelligence

Imagination Lab School

990 • Fiscal year 2018 • EIN 47-2409286

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 15, 2019

Organization Profilewww.Imagination-School.org

View Organization Page

4000 Middlefield Rd B6Palo Alto, CA 94303

(650) 460-8940

Siviq Scores

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

Liabilities / Assets

98th percentile

4.15x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.36x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

46th percentile

-0.1%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

62nd percentile

9.0%

Faster revenue growth than 62% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$111,642

Down $99 (-0.1%) from 2017

Net Assets

Down

-$351,313

Down $167,224 (-91%) from 2017

Liabilities

Up

$462,955

Up $167,125 (+56%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin8th percentile

Revenue

Up

$340,795

Up $28,281 (+9.0%) from 2017

Expenses

Down

$508,019

Down $24,334 (-4.6%) from 2017

Net Income

Up

-$167,224

Up $52,615 (+24%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2016: $71,528Liabilities 2016: $02016Assets 2017: $111,741Liabilities 2017: $295,830Net Assets 2017: -$184,0892017Assets 2018: $111,642Liabilities 2018: $462,955Net Assets 2018: -$351,3132018Assets 2019: $76,881Liabilities 2019: $891,633Net Assets 2019: -$814,7522019Assets 2020: $378,383Liabilities 2020: $1,645,150Net Assets 2020: -$1,266,7672020Assets 2021: $230,062Liabilities 2021: $701,228Net Assets 2021: -$471,1662021Assets 2022: $2,585,007Liabilities 2022: $1,060,513Net Assets 2022: $1,524,4942022Assets 2023: $755,160Liabilities 2023: $90,657Net Assets 2023: $664,5032023Assets 2024: $799,718Liabilities 2024: $117,348Net Assets 2024: $682,3702024Assets 2025: $648,702Liabilities 2025: $174,795Net Assets 2025: $473,9072025

Highlighted filing

2018

Assets$111,642
Liabilities$462,955
Net Assets-$351,313
Open 2018 Filing

Operations Trend

Revenue Growth62nd percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $87,500Expenses 2016: $15,971Net Income 2016: $71,5292016Revenue 2017: $312,514Expenses 2017: $532,353Net Income 2017: -$219,8392017Revenue 2018: $340,795Expenses 2018: $508,019Net Income 2018: -$167,2242018Revenue 2019: $676,426Expenses 2019: $1,139,865Net Income 2019: -$463,4392019Revenue 2020: $718,350Expenses 2020: $1,170,365Net Income 2020: -$452,0152020Revenue 2021: $2,015,814Expenses 2021: $1,220,215Net Income 2021: $795,5992021Revenue 2022: $3,187,230Expenses 2022: $1,191,570Net Income 2022: $1,995,6602022Revenue 2023: $873,963Expenses 2023: $1,733,954Net Income 2023: -$859,9912023Revenue 2024: $1,742,543Expenses 2024: $1,724,674Net Income 2024: $17,8692024Revenue 2025: $1,834,676Expenses 2025: $2,043,521Net Income 2025: -$208,8452025

Highlighted filing

2018

Revenue$340,795
Expenses$508,019
Net Income-$167,224
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 15, 2019
Return Version
2017v2.2
Gross Receipts
$343,562
Mission and Program Overview

Mission

Progressive Elementary Education K-12

Imagination School provides progressive education in a nonprofit K-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each student's potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$200,000$430,000▲ $230,000
Cash and Non-Interest-Bearing Accounts$108,495$99,618▼ $8,877
Prepaid Expenses and Deferred Charges$1,500$11,888▲ $10,388
Land, Buildings, and Equipment, Net$1,746$136▼ $1,610
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$111,741$111,642▼ $99
Other Assets Total-$0-
Liabilities
Deferred Revenue$87,000$27,100▼ $59,900
Other Liabilities$8,323--
Accounts Payable and Accrued Expenses$507$5,855▲ $5,348
Total Liabilities$295,830$462,955▲ $167,125
Net Assets / Fund Balance
Unrestricted Net Assets$-184,089$-351,313▼ $167,224
Total Net Assets Fund Balance$-184,089$-351,313▼ $167,224
Total Liabilities and Net Assets / Fund Balance$111,741$111,642▼ $99

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$136$68$204
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseOtherTotal
Gigi CarununganCEO$18,218$75,000$93,218
Judy ChangCFO-$75,000$75,000

Board Members and Trustees

NameTitle
Maribeth WanekDirector
Michael FinneganDirector
Susan CharlesDirector
Jennifer JamesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$13,200
Program Service Revenue
$329,517
Investment Income
$-1,922
Other Revenue
$0
All Other Contributions
$13,200
Change in Net Assets
$-167,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$293,208
Other Expenses$213,611
Grants and Similar Amounts Paid$1,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,468$93,750-$168,218
Other Salaries and Wages$92,849--$92,849
Occupancy$58,341--$58,341
Payroll Taxes$22,841--$22,841
All Other Expenses$4,011$13,948-$17,959
Other Employee Benefits$9,300--$9,300
Other Expenses$4,670$4,008-$4,008
Fees for Services Accounting-$3,429-$3,429
Fees for Services Legal-$1,966-$1,966
Advertising-$1,481-$1,481
Grants to Domestic Orgs$1,200--$1,200
Travel-$952-$952
Insurance-$910-$910
Depreciation Depletion-$445-$445
Office Expenses-$74-$74
Interest-$54-$54
Total Functional Expenses$386,586$121,433$0$508,019
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$200,000$430,000▲ $230,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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, Part VI, Line 11B: Form 990 Review Process

“The Board of Directors reviews and approves Form 990 prior to signing and filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Officers are required to voluntarily report any conflict of interest to the board of directors.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board of directors approves all compensation for officers and key employees.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The board of directors approves all compensation for officers and key employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents and filings are made available on request.”

Filing and Contact Details

Filer

Filer Name
Imagination School
EIN
47-2409286
Phone
6504608940
Address
4000 Middlefield Rd B6, Palo Alto, CA 94303

Signing Officer

Name
Jingjing Xu
Title
CEO
Signed
2019-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jingjing Xu
Formed
2016
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
5

Preparer

Firm
Karen Wilhelmson
Address
5310 Gates Rd, Santa Rosa, CA 95404
Preparer
Karen Wilhelmson EA
Phone
7072910328
Raw XML AppendixShowing 400 of 450 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/BOYAmt0507
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05855
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Imagination School provides progressive education in a nonprofit K-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each student's potential.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01481
IRS990/AdvertisingGrp/TotalAmt01481
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt013200
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013948
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04011
IRS990/AllOtherExpensesGrp/TotalAmt017959
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Judy Chang
IRS990/BooksInCareOfDetail/PhoneNum06509880788
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01031 Runnymead Ct
IRS990/BooksInCareOfDetail/USAddress/CityNm0Los Altos
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094024
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0108495
IRS990/CashNonInterestBearingGrp/EOYAmt099618
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt093750
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt074468
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0168218
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt013200
IRS990/CYGrantsAndSimilarPaidAmt01200
IRS990/CYInvestmentIncomeAmt0-1922
IRS990/CYOtherExpensesAmt0213611
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0329517
IRS990/CYRevenuesLessExpensesAmt0-167224
IRS990/CYSalariesCompEmpBnftPaidAmt0293208
IRS990/CYTotalExpensesAmt0508019
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0340795
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt087000
IRS990/DeferredRevenueGrp/EOYAmt027100
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0445
IRS990/DepreciationDepletionGrp/TotalAmt0445
IRS990/Desc0Imagination School provides progressive education in a nonprofit K-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each student's potential. The school also provides teacher training workshops, and professional development as well as after school daycare.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0386586
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03429
IRS990/FeesForServicesAccountingGrp/TotalAmt03429
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01966
IRS990/FeesForServicesLegalGrp/TotalAmt01966
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0175000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1175000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Gigi Carunungan
IRS990/Form990PartVIISectionAGrp/PersonNm1Judy Chang
IRS990/Form990PartVIISectionAGrp/PersonNm2Jennifer James
IRS990/Form990PartVIISectionAGrp/PersonNm3Maribeth Wanek
IRS990/Form990PartVIISectionAGrp/PersonNm4Michael Finnegan
IRS990/Form990PartVIISectionAGrp/PersonNm5Susan Charles
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt018218
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-1922
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01200
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01200
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0845
IRS990/GrossReceiptsAmt0343562
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0910
IRS990/InsuranceGrp/TotalAmt0910
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt054
IRS990/InterestGrp/TotalAmt054
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01746
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0136
IRS990/LandBldgEquipCostOrOtherBssAmt0204
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02767
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0200000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0430000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Progressive Elementary Education K-12
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-184089
IRS990/NetAssetsOrFundBalancesEOYAmt0-351313
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1922
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1922
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt058341
IRS990/OccupancyGrp/TotalAmt058341
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt074
IRS990/OfficeExpensesGrp/TotalAmt074
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09300
IRS990/OtherExpensesGrp/Desc0Outside Contractors
IRS990/OtherExpensesGrp/Desc1Student Materials & Supplies
IRS990/OtherExpensesGrp/Desc2After School Care
IRS990/OtherExpensesGrp/Desc3Meeting Exp
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0416
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14008
IRS990/OtherExpensesGrp/ProgramServicesAmt097716
IRS990/OtherExpensesGrp/ProgramServicesAmt121190
IRS990/OtherExpensesGrp/ProgramServicesAmt24670
IRS990/OtherExpensesGrp/TotalAmt098132
IRS990/OtherExpensesGrp/TotalAmt121190
IRS990/OtherExpensesGrp/TotalAmt24670
IRS990/OtherExpensesGrp/TotalAmt34008
IRS990/OtherLiabilitiesGrp/BOYAmt08323
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt092849
IRS990/OtherSalariesAndWagesGrp/TotalAmt092849
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt022841
IRS990/PayrollTaxesGrp/TotalAmt022841
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011888
IRS990/PrincipalOfficerNm0Jingjing Xu
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Sublease Rental
IRS990/ProgramServiceRevenueGrp/Desc1Tuition/after school care
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0327277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1327277
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt091105
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0173946
IRS990/PYOtherRevenueAmt0921
IRS990/PYProgramServiceRevenueAmt0220476
IRS990/PYRevenuesLessExpensesAmt0-219839
IRS990/PYSalariesCompEmpBnftPaidAmt0358407
IRS990/PYTotalExpensesAmt0532353
IRS990/PYTotalRevenueAmt0312514
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-167224
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0327277
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0136
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0204
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0136
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt018218
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0100000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt1100000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt075000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Gigi Carunungan
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Judy Chang
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt093218
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt175000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Per the salary contract agreement, the school accrued compensation during fiscal year 2016-17 and 2017-18, which was to be paid contingent upon the availability of funds. All accrued compensation has been paid.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Additional Information
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0430000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operating Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0430000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Yinuo Li
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Current Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Due to the start-up phase of our school and the high cost of operations in the Silicon Valley, Imagination School needed additional funding sources besides tuition revenue. The loan, which is provided by our new Officer, will help support our operational costs, as we ramp up new student enrollment and donation programs.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt0430000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors reviews and approves Form 990 prior to signing and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers are required to voluntarily report any conflict of interest to the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of directors approves all compensation for officers and key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of directors approves all compensation for officers and key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and filings are made available on request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111741
IRS990/TotalAssetsEOYAmt0111642
IRS990/TotalAssetsGrp/BOYAmt0111741
IRS990/TotalAssetsGrp/EOYAmt0111642
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt013200
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0121433
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0386586
IRS990/TotalFunctionalExpensesGrp/TotalAmt0508019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0295830
IRS990/TotalLiabilitiesEOYAmt0462955
IRS990/TotalLiabilitiesGrp/BOYAmt0295830

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$111,642
Liabilities
$462,955
Net assets
-$351,313
Revenue
$340,795
Expenses
$508,019
Net income
-$167,224
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.65$0.17$0.47$1.83$2.04$0.21
2024Detailed filing. Detailed filing data is available for this year.$0.80$0.12$0.68$1.74$1.72$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.09$0.66$0.87$1.73$0.86
2022Detailed filing. Detailed filing data is available for this year.$2.59$1.06$1.52$3.19$1.19$2.00
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.70$0.47$2.02$1.22$0.80
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$1.65$1.27$0.72$1.17$0.45
2019Summary only. Only limited summary data is available for this year.$0.08$0.89$0.81$0.68$1.14$0.46
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.46$0.35$0.34$0.51$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.30$0.18$0.31$0.53$0.22
2016Summary only. Only limited summary data is available for this year.$0.07$0.00$0.09$0.02$0.07