Civic Intelligence

Imagine America Foundation

990 • Fiscal year 2020 • EIN 52-1250860

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

Organization Profilewww.imagine-america.org
14200 Park Meadow DriveChantilly, VA 20151

(571) 267-3010

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

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

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

Liabilities / Revenue

80th percentile

0.64x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

25th percentile

-7.6%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

91st percentile

$213,345

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 76.8% of source-year revenue.

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

Asset Growth

12th percentile

-6.6%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$1,333,980

Down $94,205 (-6.6%) from 2019

Net Assets

Down

$1,156,202

Down $20,992 (-1.8%) from 2019

Liabilities

Down

$177,778

Down $73,213 (-29%) from 2019

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin25th percentile

Revenue

Down

$277,661

Down $71,689 (-21%) from 2019

Expenses

Up

$298,653

Up $904 (+0.3%) from 2019

Net Income

Down

-$20,992

Down $72,593 (-141%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,704,640Liabilities 2010: $920,599Net Assets 2010: $1,784,0412010Assets 2011: $2,995,117Liabilities 2011: $787,537Net Assets 2011: $2,207,5802011Assets 2012: $3,074,389Liabilities 2012: $834,196Net Assets 2012: $2,240,1932012Assets 2013: $3,138,740Liabilities 2013: $846,510Net Assets 2013: $2,292,2302013Assets 2014: $3,169,622Liabilities 2014: $816,227Net Assets 2014: $2,353,3952014Assets 2015: $2,781,241Liabilities 2015: $773,092Net Assets 2015: $2,008,1492015Assets 2016: $2,292,194Liabilities 2016: $680,205Net Assets 2016: $1,611,9892016Assets 2017: $1,800,729Liabilities 2017: $531,327Net Assets 2017: $1,269,4022017Assets 2018: $1,667,571Liabilities 2018: $541,978Net Assets 2018: $1,125,5932018Assets 2019: $1,428,185Liabilities 2019: $250,991Net Assets 2019: $1,177,1942019Assets 2020: $1,333,980Liabilities 2020: $177,778Net Assets 2020: $1,156,2022020Assets 2021: $1,304,774Liabilities 2021: $144,050Net Assets 2021: $1,160,7242021Assets 2022: $1,235,584Liabilities 2022: $109,165Net Assets 2022: $1,126,4192022Assets 2023: $1,247,465Liabilities 2023: $94,508Net Assets 2023: $1,152,9572023

Highlighted filing

2020

Assets$1,333,980
Liabilities$177,778
Net Assets$1,156,202
Open 2020 Filing

Operations Trend

Revenue Growth23rd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,240,7502010Revenue 2011: $1,336,800Expenses 2011: $1,140,033Net Income 2011: $196,7672011Expenses 2012: $1,688,4352012Expenses 2013: $1,547,7142013Revenue 2014: $1,339,657Expenses 2014: $1,396,520Net Income 2014: -$56,8632014Revenue 2015: $760,019Expenses 2015: $1,105,265Net Income 2015: -$345,2462015Revenue 2016: $687,483Expenses 2016: $1,083,643Net Income 2016: -$396,1602016Revenue 2017: $439,567Expenses 2017: $782,154Net Income 2017: -$342,5872017Revenue 2018: $414,529Expenses 2018: $558,338Net Income 2018: -$143,8092018Revenue 2019: $349,350Expenses 2019: $297,749Net Income 2019: $51,6012019Revenue 2020: $277,661Expenses 2020: $298,653Net Income 2020: -$20,9922020Revenue 2021: $281,483Expenses 2021: $276,961Net Income 2021: $4,5222021Revenue 2022: $241,720Expenses 2022: $276,025Net Income 2022: -$34,3052022Revenue 2023: $236,304Expenses 2023: $209,766Net Income 2023: $26,5382023

Highlighted filing

2020

Revenue$277,661
Expenses$298,653
Net Income-$20,992
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.0
Gross Receipts
$277,661
Mission and Program Overview

Mission

The imagine america foundation(iaf) was established in 1982 as the scholarship, training provider,student resource and research resource for the nation`s career colleges.

The imagine america foundation conducts charitable educational activities relatedto specialized career education and training and the role of such schools in american society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$400,993$285,992▼ $115,001
Accounts Receivable$144,796$155,606▲ $10,810
Pledges and Grants Receivable$45,865$45,868▲ $3
Cash and Non-Interest-Bearing Accounts$15,869$31,241▲ $15,372
Land, Buildings, and Equipment, Net$10,453$7,176▼ $3,277
Prepaid Expenses and Deferred Charges$6,638$6,638→ $0
Other Notes and Loans Receivable, Net-$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$1,428,185$1,333,980▼ $94,205
Other Assets Total$803,571$801,459▼ $2,112
Liabilities
Accounts Payable and Accrued Expenses$75,662$69,864▼ $5,798
Deferred Revenue$93,304$54,999▼ $38,305
Other Liabilities$82,025$52,915▼ $29,110
Total Liabilities$250,991$177,778▼ $73,213
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,177,194$1,156,202▼ $20,992
Total Net Assets Fund Balance$1,177,194$1,156,202▼ $20,992
Total Liabilities and Net Assets / Fund Balance$1,428,185$1,333,980▼ $94,205

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$43,529$43,529
Other Land Buildings$5,752$19,409$25,161
Equipment$1,424$9,487$10,911
Other Assets Org$5,003--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert MartinPresident & CEOFT$213,345$213,345

Board Members and Trustees

NameTitle
Tracy KreikemeierChairman
Russell FreemanPast Chairman
Bruce LeftwichDirector
Daniel LevinsonDirector
Danny FinufDirector
David NealDirector
Ed ChairviolottiDirector
Piper JamesonDirector
Roger BeckerDirector
Steven BlichtDirector
Tim McmahonDirector
Christopher CiminoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,565
Program Service Revenue
$0
Investment Income
$6,407
Other Revenue
$1,689
All Other Contributions
$269,565
Change in Net Assets
$-20,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,504
Salaries, Compensation, and Employee Benefits$108,149
Total Fundraising Expense$44,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$59,247$24,686$14,812$98,745
Occupancy$7,033$2,930$1,758$11,721
Travel$6,224$2,594$1,556$10,374
Insurance$3,688$1,537$922$6,147
Payroll Taxes$3,485$1,452$871$5,808
Fees for Services Other$2,948$1,228$737$4,913
Conferences and Meetings$2,675$1,115$669$4,459
Fees for Services Accounting$2,583$1,076$646$4,305
Office Expenses$2,003$835$501$3,339
Depreciation Depletion$1,966$819$492$3,277
Pension Plan Contributions$1,525$636$381$2,542
Other Expenses$848$353$212$1,413
Other Employee Benefits$632$264$158$1,054
Information Technology$311$130$78$519
All Other Expenses$163$68$41$272
Fees for Services Legal$142$59$36$237
Total Functional Expenses$179,190$74,664$44,799$298,653
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$52,000
Deferred Rent$915
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
No
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

“Form 990, part vi, section b, line 11: the president reviews the form 990, which is also provided to the governing body, prior to submitting to irs”

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

“Board members shall make affirmative disclosures to the board,upon taking office as a board member and annually thereafter,of any relationship or matter which may present an issue under these guidelines. Any material change in the information disclosed shall be reported to the board as appropriate.violation of these guidelines shall be investigated by the executive committee, which may refer the matter to the board of directors for action in accordance with article iv, section 3 of the by-laws.”

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

“On an annual basis the executive committee reviews the president's accomplishments and determines any changes to his compensation for the subsequest year, which also includes contemporaneous substantiation of the deliberation and decision.”

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

“The imagine america foundation does not make its governing documents and conflict of interest policy publicly available, but the financial statements are made available in the published annual report.”

Filing and Contact Details

Filer

Filer Name
Imagine America Foundation
EIN
52-1250860
Phone
5712673010
Address
14200 PARK MEADOW DRIVE, CHANTILLY, VA 20151

Signing Officer

Name
Robert L Martin
Title
President
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
McGinty & CO LLC CPAs
Address
2108 Gallows Rd Ste B, Vienna, VA 22182
Preparer
Patrick Mcginty
Phone
7034488550
Raw XML AppendixShowing 400 of 533 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/BOYAmt075662
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt069864
IRS990/AccountsReceivableGrp/BOYAmt0144796
IRS990/AccountsReceivableGrp/EOYAmt0155606
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE IMAGINE AMERICA FOUNDATION CONDUCTS CHARITABLE EDUCATIONAL ACTIVITIES RELATEDTO SPECIALIZED CAREER EDUCATION AND TRAINING AND THE ROLE OF SUCH SCHOOLS IN AMERICAN SOCIETY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0269565
IRS990/AllOtherExpensesGrp/FundraisingAmt041
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt068
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0163
IRS990/AllOtherExpensesGrp/TotalAmt0272
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ROBERT L MARTIN
IRS990/BooksInCareOfDetail/PhoneNum05712673010
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt014200 PARK MEADOW DRIVE STE 117s
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHANTILLY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020151
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt015869
IRS990/CashNonInterestBearingGrp/EOYAmt031241
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014812
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024686
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt059247
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt098745
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt0669
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01115
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02675
IRS990/ConferencesMeetingsGrp/TotalAmt04459
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0269565
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06407
IRS990/CYOtherExpensesAmt0190504
IRS990/CYOtherRevenueAmt01689
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-20992
IRS990/CYSalariesCompEmpBnftPaidAmt0108149
IRS990/CYTotalExpensesAmt0298653
IRS990/CYTotalFundraisingExpenseAmt044799
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0277661
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt093304
IRS990/DeferredRevenueGrp/EOYAmt054999
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0492
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0819
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01966
IRS990/DepreciationDepletionGrp/TotalAmt03277
IRS990/Desc0PROVIDE CAREER COLLEGE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS, ACTIVE AND HONORABLY DISCHARGED U.S MILITARY VETERANS AND ADULT LEARNERS. APPROXIMATELY 25,000 STUDENTS BENEFITED DURING THE YEAR.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01177194
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01156202
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0116473
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0646
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01076
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02583
IRS990/FeesForServicesAccountingGrp/TotalAmt04305
IRS990/FeesForServicesLegalGrp/FundraisingAmt036
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt059
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0142
IRS990/FeesForServicesLegalGrp/TotalAmt0237
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0737
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01228
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02948
IRS990/FeesForServicesOtherGrp/TotalAmt04913
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/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL LEVINSON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROGER BECKER
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM MCMAHON
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTOPHER CIMINO
IRS990/Form990PartVIISectionAGrp/PersonNm5RUSSELL FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DANNY FINUF
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm8PIPER JAMESON
IRS990/Form990PartVIISectionAGrp/PersonNm9ED CHAIRVIOLOTTI
IRS990/Form990PartVIISectionAGrp/PersonNm10BRUCE LEFTWICH
IRS990/Form990PartVIISectionAGrp/PersonNm11TRACY KREIKEMEIER
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVEN BLICHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0213345
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Past Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0277661
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt078
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0130
IRS990/InformationTechnologyGrp/ProgramServicesAmt0311
IRS990/InformationTechnologyGrp/TotalAmt0519
IRS990/InsuranceGrp/FundraisingAmt0922
IRS990/InsuranceGrp/ManagementAndGeneralAmt01537
IRS990/InsuranceGrp/ProgramServicesAmt03688
IRS990/InsuranceGrp/TotalAmt06147
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06407
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06407
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072425
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010453
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07176
IRS990/LandBldgEquipCostOrOtherBssAmt079601
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE IMAGINE AMERICA FOUNDATION(IAF) WAS ESTABLISHED IN 1982 AS THE SCHOLARSHIP, TRAINING PROVIDER,STUDENT RESOURCE AND RESEARCH RESOURCE FOR THE NATION`S CAREER COLLEGES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01177194
IRS990/NetAssetsOrFundBalancesEOYAmt01156202
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01758
IRS990/OccupancyGrp/ManagementAndGeneralAmt02930
IRS990/OccupancyGrp/ProgramServicesAmt07033
IRS990/OccupancyGrp/TotalAmt011721
IRS990/OfficeExpensesGrp/FundraisingAmt0501
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0835
IRS990/OfficeExpensesGrp/ProgramServicesAmt02003
IRS990/OfficeExpensesGrp/TotalAmt03339
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0803571
IRS990/OtherAssetsTotalGrp/EOYAmt0801459
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0158
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0264
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0632
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01054
IRS990/OtherExpensesGrp/Desc0Renewal/New Business Services
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc2Telephone Expenses
IRS990/OtherExpensesGrp/Desc3Bank /Credit card Fess
IRS990/OtherExpensesGrp/FundraisingAmt013125
IRS990/OtherExpensesGrp/FundraisingAmt17500
IRS990/OtherExpensesGrp/FundraisingAmt2304
IRS990/OtherExpensesGrp/FundraisingAmt3212
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021875
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2507
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3353
IRS990/OtherExpensesGrp/ProgramServicesAmt052500
IRS990/OtherExpensesGrp/ProgramServicesAmt130000
IRS990/OtherExpensesGrp/ProgramServicesAmt21217
IRS990/OtherExpensesGrp/ProgramServicesAmt3848
IRS990/OtherExpensesGrp/TotalAmt087500
IRS990/OtherExpensesGrp/TotalAmt150000
IRS990/OtherExpensesGrp/TotalAmt22028
IRS990/OtherExpensesGrp/TotalAmt31413
IRS990/OtherLiabilitiesGrp/BOYAmt082025
IRS990/OtherLiabilitiesGrp/EOYAmt052915
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01689
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01689
IRS990/OtherRevenueTotalAmt01689
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0871
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01452
IRS990/PayrollTaxesGrp/ProgramServicesAmt03485
IRS990/PayrollTaxesGrp/TotalAmt05808
IRS990/PensionPlanContributionsGrp/FundraisingAmt0381
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0636
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01525
IRS990/PensionPlanContributionsGrp/TotalAmt02542
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt045865
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt045868
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06638
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06638
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PUBLICATION
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION RECOGNIZES EXCEPTIONAL CAREER COLLEGE STUDENTS WHO ARE ACTIVE DUTY OR HONORABLY DISCHARGED OR RETIRED MILITARY PERSONNEL. THEY ARE HONORED AT THE ASSOCIATION OF PRIVATE SECTOR COLLEGE'S AND UNIVERSITIES'(APSCU) ANNUAL CONVENTION AND RECEIVE AN AWARD TOWARDS THEIR EDUCATION.ELEVEN STUDENTS WERE HONORED DURING THE YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062717
IRS990/ProgSrvcAccomActy3Grp/Desc0PRODUCED VITAL RESEARCH PUBLICATIONS FOR THE CAREER COLLEGE HIGHER EDUCATION SECTOR,INCLUDING THE FACT BOOK:A PROFILE OF CAREER COLLEGES & UNIVERSITIES,3,000 COPIES HAVE BEEN DISTRIBUTED.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0320840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027436
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0163633
IRS990/PYOtherRevenueAmt01074
IRS990/PYRevenuesLessExpensesAmt051601
IRS990/PYSalariesCompEmpBnftPaidAmt0134116
IRS990/PYTotalExpensesAmt0297749
IRS990/PYTotalRevenueAmt0349350
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-20992
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0400993
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0285992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0269565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0320840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0342577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0311977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0696909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01941868
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt065056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0121759
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-21262
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0199396
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01689
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01074
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05831
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01183
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016673
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89990
IRS990ScheduleA/PublicSupportPY170Pct00.90280
IRS990ScheduleA/PublicSupportTotal170Amt01941868
IRS990ScheduleA/SubstantialContributorsTotAmt00

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
$1,333,980
Liabilities
$177,778
Net assets
$1,156,202
Revenue
$277,661
Expenses
$298,653
Net income
-$20,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.25$0.09$1.15$0.24$0.21$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.11$1.13$0.24$0.28$0.03
2021Summary only. Only limited summary data is available for this year.$1.30$0.14$1.16$0.28$0.28$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.18$1.16$0.28$0.30$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.25$1.18$0.35$0.30$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.54$1.13$0.41$0.56$0.14
2017Summary only. Only limited summary data is available for this year.$1.80$0.53$1.27$0.44$0.78$0.34
2016Detailed filing. Detailed filing data is available for this year.$2.29$0.68$1.61$0.69$1.08$0.40
2015Detailed filing. Detailed filing data is available for this year.$2.78$0.77$2.01$0.76$1.11$0.35
2014Detailed filing. Detailed filing data is available for this year.$3.17$0.82$2.35$1.34$1.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.85$2.29$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.83$2.24$1.69
2011Summary only. Only limited summary data is available for this year.$3.00$0.79$2.21$1.34$1.14$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.92$1.78$1.24
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits