Civic Intelligence

Imagination Lab School

990 • Fiscal year 2022 • EIN 47-2409286

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 09, 2022

Organization Profilewww.imagination-school.org

View Organization Page

4050 Middlefield RdPalo Alto, CA 94303

(650) 460-8940

Siviq Scores

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

Liabilities / Assets

81st percentile

0.41x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.33x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$233,547

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

1024%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

58%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$2,585,007

Up $2,354,945 (+1024%) from 2021

Net Assets

Up

$1,524,494

Up $1,995,660 (+424%) from 2021

Liabilities

Up

$1,060,513

Up $359,285 (+51%) from 2021

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin93rd percentile

Revenue

Up

$3,187,230

Up $1,171,416 (+58%) from 2021

Expenses

Down

$1,191,570

Down $28,645 (-2.3%) from 2021

Net Income

Up

$1,995,660

Up $1,200,061 (+151%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2022

Assets$2,585,007
Liabilities$1,060,513
Net Assets$1,524,494
Open 2022 Filing

Operations Trend

Revenue Growth84th 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

2022

Revenue$3,187,230
Expenses$1,191,570
Net Income$1,995,660
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 9, 2022
Return Version
2021v4.2
Gross Receipts
$3,187,230
Mission and Program Overview

Mission

Progressive education in a k-8 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each students potential.

Progressive education in a k-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each students potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$1,500,000-
Accounts Receivable-$721,182-
Cash and Non-Interest-Bearing Accounts$209,856$341,004▲ $131,148
Loans From Officers Directors$630,989$271,798▼ $359,191
Land, Buildings, and Equipment, Net$20,206$19,460▼ $746
Prepaid Expenses and Deferred Charges-$3,361-
Total Assets$230,062$2,585,007▲ $2,354,945
Liabilities
Deferred Revenue$64,000$774,428▲ $710,428
Accounts Payable and Accrued Expenses$6,239$14,287▲ $8,048
Total Liabilities$701,228$1,060,513▲ $359,285
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-471,166$1,524,494▲ $1,995,660
Total Net Assets Fund Balance$-471,166$1,524,494▲ $1,995,660
Total Liabilities and Net Assets / Fund Balance$230,062$2,585,007▲ $2,354,945

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,460$32,581$52,041
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John Christopher BezsylkoHead of SchoolFT$210,000$23,547$233,547
George Charles TsatsosBusiness ManagerFT$10,833-$10,833

Board Members and Trustees

NameTitle
Steve CollinsBoard Chair
Maria VelezTrustee
Scott BuchholzTrustee
Tuolin ChenSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,517,206
Program Service Revenue
$669,168
Investment Income
$856
Other Revenue
$0
All Other Contributions
$2,517,206
Change in Net Assets
$1,995,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$879,015
Other Expenses$312,555
Total Fundraising Expense$33,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$459,214--$459,214
Current Officers, Directors, Trustees, and Key Employees$165,394$131,617$33,001$330,012
Occupancy$92,814$4,885-$97,699
Other Employee Benefits$64,295--$64,295
Advertising$43,708--$43,708
Information Technology$16,481$825-$17,306
Pension Plan Contributions$16,606--$16,606
Fees for Services Accounting-$15,582-$15,582
Interest$10,509$3,503-$14,012
Other Expenses$13,849$11,760-$13,849
Fees for Services Other$6,554$4,850-$11,404
Depreciation Depletion$10,822--$10,822
Office Expenses$5,349$5,345-$10,694
Payroll Taxes$7,199$1,333$356$8,888
Insurance$2,644$4,320$131$7,095
All Other Expenses$779$2,912-$3,691
Travel$3,062--$3,062
Fees for Services Legal-$2,303-$2,303
Total Functional Expenses$967,353$190,729$33,488$1,191,570
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$630,989$271,798▼ $359,191
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 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
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 governing body review Part VI line 11

“The board of directors reviews and approves Form 990 after management has reviewed and authorized the filing.”

Conflict of interest policy compliance Part VI line 12C

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

CEO executive director top management comp Part VI line 15A

“Data is gathered from area schools using form 990. All data is reviewed and the head of schools salary is set by the board of trustees.”

Other officer or key employee compensation Part VI line 15B

“The head of school sets all school staff salaries using comparative market data from area schools. The head makes a recommendation to the board of trustees for approval of the school budget, which includes all employee costs.”

Governing documents etc available to public Part VI line 19

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

Filing and Contact Details

Filer

Filer Name
Imagination Lab School
EIN
47-2409286
Address
4050 Middlefield Rd, Palo Alto, CA 94303

Signing Officer

Name
Maria Velez
Title
Treasurer
Phone
6504608940
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Christopher Bezsylko
Formed
2016
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
9
Volunteers
5

Preparer

Firm
Richard Pon CPA
Address
PO BOX 191254, San Francisco, CA 94119
Preparer
Richard Pon
Phone
4159714610
Raw XML AppendixShowing 400 of 430 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/BOYAmt06239
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014287
IRS990/AccountsReceivableGrp/EOYAmt0721182
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Progressive education in a k-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each students potential.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt043708
IRS990/AdvertisingGrp/TotalAmt043708
IRS990/AllOtherContributionsAmt02517206
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02912
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0779
IRS990/AllOtherExpensesGrp/TotalAmt03691
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0George Tsatsos
IRS990/BooksInCareOfDetail/PhoneNum06504608940
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04050 Middlefield Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Palo Alto
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094303
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0209856
IRS990/CashNonInterestBearingGrp/EOYAmt0341004
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt033001
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0131617
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0165394
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0330012
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02517206
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0856
IRS990/CYOtherExpensesAmt0312555
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0669168
IRS990/CYRevenuesLessExpensesAmt01995660
IRS990/CYSalariesCompEmpBnftPaidAmt0879015
IRS990/CYTotalExpensesAmt01191570
IRS990/CYTotalFundraisingExpenseAmt033488
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03187230
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt064000
IRS990/DeferredRevenueGrp/EOYAmt0774428
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010822
IRS990/DepreciationDepletionGrp/TotalAmt010822
IRS990/Desc0Imagination Lab School provides progressive education in a k-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each students potential. The school also provides teacher training workshops, teacher professional development, after school and summer programs.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0967353
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015582
IRS990/FeesForServicesAccountingGrp/TotalAmt015582
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02303
IRS990/FeesForServicesLegalGrp/TotalAmt02303
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04850
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06554
IRS990/FeesForServicesOtherGrp/TotalAmt011404
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
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/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt023547
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0John Christopher Bezsylko
IRS990/Form990PartVIISectionAGrp/PersonNm1George Charles Tsatsos
IRS990/Form990PartVIISectionAGrp/PersonNm2Maria Velez
IRS990/Form990PartVIISectionAGrp/PersonNm3Scott Buchholz
IRS990/Form990PartVIISectionAGrp/PersonNm4Steve Collins
IRS990/Form990PartVIISectionAGrp/PersonNm5Tuolin Chen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0210000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110833
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/TitleTxt0Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1Business Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary & Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03187230
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0825
IRS990/InformationTechnologyGrp/ProgramServicesAmt016481
IRS990/InformationTechnologyGrp/TotalAmt017306
IRS990/InsuranceGrp/FundraisingAmt0131
IRS990/InsuranceGrp/ManagementAndGeneralAmt04320
IRS990/InsuranceGrp/ProgramServicesAmt02644
IRS990/InsuranceGrp/TotalAmt07095
IRS990/InterestGrp/ManagementAndGeneralAmt03503
IRS990/InterestGrp/ProgramServicesAmt010509
IRS990/InterestGrp/TotalAmt014012
IRS990/InvestmentIncomeGrp/ExclusionAmt0856
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0856
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032581
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020206
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019460
IRS990/LandBldgEquipCostOrOtherBssAmt052041
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0630989
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0271798
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Progressive education in a k-12 school, fostering in-depth learning, inspiring creativity, cultivating critical thinking, social emotional learning, collaboration and communication skills to realize each students potential.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-471166
IRS990/NetAssetsOrFundBalancesEOYAmt01524494
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-471166
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01524494
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04885
IRS990/OccupancyGrp/ProgramServicesAmt092814
IRS990/OccupancyGrp/TotalAmt097699
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05345
IRS990/OfficeExpensesGrp/ProgramServicesAmt05349
IRS990/OfficeExpensesGrp/TotalAmt010694
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt064295
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064295
IRS990/OtherExpensesGrp/Desc0direct student expenses
IRS990/OtherExpensesGrp/Desc1maintenance
IRS990/OtherExpensesGrp/Desc2irs late filing penalty
IRS990/OtherExpensesGrp/Desc3furniture and equipment
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01494
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111760
IRS990/OtherExpensesGrp/ProgramServicesAmt019682
IRS990/OtherExpensesGrp/ProgramServicesAmt128392
IRS990/OtherExpensesGrp/ProgramServicesAmt213849
IRS990/OtherExpensesGrp/TotalAmt019682
IRS990/OtherExpensesGrp/TotalAmt129886
IRS990/OtherExpensesGrp/TotalAmt211760
IRS990/OtherExpensesGrp/TotalAmt313849
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0459214
IRS990/OtherSalariesAndWagesGrp/TotalAmt0459214
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0356
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01333
IRS990/PayrollTaxesGrp/ProgramServicesAmt07199
IRS990/PayrollTaxesGrp/TotalAmt08888
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016606
IRS990/PensionPlanContributionsGrp/TotalAmt016606
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01500000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03361
IRS990/PrincipalOfficerNm0John Christopher Bezsylko
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0registration fees
IRS990/ProgramServiceRevenueGrp/Desc1tuition
IRS990/ProgramServiceRevenueGrp/Desc2aftercare
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01970
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1666931
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1666931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2267
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01353139
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0279409
IRS990/PYOtherRevenueAmt01300
IRS990/PYProgramServiceRevenueAmt0661330
IRS990/PYRevenuesLessExpensesAmt0795599
IRS990/PYSalariesCompEmpBnftPaidAmt0940806
IRS990/PYTotalExpensesAmt01220215
IRS990/PYTotalRevenueAmt02015814
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01995660
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0669168
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/BookValueAmt019460
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032581
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052041
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019460
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0210000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017509
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0John Christopher Bezsylko
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Head of School
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0233547
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0271798
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0880000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Yinuo Li
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Former Trustee
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0271798
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors reviews and approves Form 990 after management has reviewed and authorized the filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and board members are required to voluntarily report any conflict of interest to the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Data is gathered from area schools using form 990. All data is reviewed and the head of schools salary is set by the board of trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The head of school sets all school staff salaries using comparative market data from area schools. The head makes a recommendation to the board of trustees for approval of the school budget, which includes all employee costs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and filings are made available on request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0230062
IRS990/TotalAssetsEOYAmt02585007
IRS990/TotalAssetsGrp/BOYAmt0230062
IRS990/TotalAssetsGrp/EOYAmt02585007
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt02517206
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033488
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0190729
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0967353
IRS990/TotalFunctionalExpensesGrp/TotalAmt01191570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0701228
IRS990/TotalLiabilitiesEOYAmt01060513
IRS990/TotalLiabilitiesGrp/BOYAmt0701228
IRS990/TotalLiabilitiesGrp/EOYAmt01060513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-471166
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01524494
IRS990/TotalOtherCompensationAmt023547
IRS990/TotalProgramServiceExpensesAmt0967353
IRS990/TotalProgramServiceRevenueAmt0669168
IRS990/TotalReportableCompFromOrgAmt0220833
IRS990/TotalRevenueGrp/ExclusionAmt0856
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0669168
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03187230
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0230062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02585007
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt03062
IRS990/TravelGrp/TotalAmt03062
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.imagination-school.org
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,585,007
Liabilities
$1,060,513
Net assets
$1,524,494
Revenue
$3,187,230
Expenses
$1,191,570
Net income
$1,995,660
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