Civic Intelligence

Milestones Community School Inc.

990 • Fiscal year 2019 • EIN 59-3444711

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 16, 2020

3355 Imagine WayMelbourne, FL 32904

(321) 729-0500

Siviq Scores

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

Liabilities / Assets

69th percentile

0.36x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.5%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$443,133

Up $45,732 (+12%) from 2018

Net Assets

Up

$284,228

Up $1 (+0.0%) from 2018

Liabilities

Up

$158,905

Up $45,731 (+40%) from 2018

Revenue

Up

$5,742,039

Up $193,287 (+3.5%) from 2018

Expenses

Up

$5,742,038

Up $267,017 (+4.9%) from 2018

Net Income

Down

$1

Down $73,730 (-100%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $490,812Liabilities 2010: $400,554Net Assets 2010: $90,2582010Assets 2011: $551,174Liabilities 2011: $377,128Net Assets 2011: $174,0462011Assets 2012: $588,664Liabilities 2012: $390,907Net Assets 2012: $197,7572012Assets 2013: $368,464Liabilities 2013: $187,878Net Assets 2013: $180,5862013Assets 2014: $233,356Liabilities 2014: $173,644Net Assets 2014: $59,7122014Assets 2015: $2,212,704Liabilities 2015: $2,074,268Net Assets 2015: $138,4362015Assets 2016: $329,371Liabilities 2016: $203,286Net Assets 2016: $126,0852016Assets 2017: $425,258Liabilities 2017: $214,762Net Assets 2017: $210,4962017Assets 2018: $397,401Liabilities 2018: $113,174Net Assets 2018: $284,2272018Assets 2019: $443,133Liabilities 2019: $158,905Net Assets 2019: $284,2282019Assets 2020: $492,428Liabilities 2020: $247,022Net Assets 2020: $245,4062020Assets 2021: $731,834Liabilities 2021: $488,470Net Assets 2021: $243,3642021Assets 2022: $17,782,836Liabilities 2022: $17,280,467Net Assets 2022: $502,3692022Assets 2023: $18,485,582Liabilities 2023: $17,196,772Net Assets 2023: $1,288,8102023Assets 2024: $18,270,361Liabilities 2024: $17,705,931Net Assets 2024: $564,4302024

Highlighted filing

2019

Assets$443,133
Liabilities$158,905
Net Assets$284,228

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,282,5992010Expenses 2011: $5,456,1382011Expenses 2012: $4,514,6982012Revenue 2013: $3,772,610Expenses 2013: $3,826,882Net Income 2013: -$54,2722013Revenue 2014: $3,410,644Expenses 2014: $3,527,391Net Income 2014: -$116,7472014Revenue 2015: $3,785,451Expenses 2015: $3,706,727Net Income 2015: $78,7242015Revenue 2016: $4,067,638Expenses 2016: $4,079,989Net Income 2016: -$12,3512016Revenue 2017: $4,947,380Expenses 2017: $4,862,969Net Income 2017: $84,4112017Revenue 2018: $5,548,752Expenses 2018: $5,475,021Net Income 2018: $73,7312018Revenue 2019: $5,742,039Expenses 2019: $5,742,038Net Income 2019: $12019Revenue 2020: $5,838,876Expenses 2020: $5,877,698Net Income 2020: -$38,8222020Revenue 2021: $5,901,380Expenses 2021: $5,903,422Net Income 2021: -$2,0422021Revenue 2022: $6,966,663Expenses 2022: $6,707,658Net Income 2022: $259,0052022Revenue 2023: $7,622,764Expenses 2023: $6,836,323Net Income 2023: $786,4412023Revenue 2024: $8,710,909Expenses 2024: $9,435,289Net Income 2024: -$724,3802024

Highlighted filing

2019

Revenue$5,742,039
Expenses$5,742,038
Net Income$1
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 16, 2020
Return Version
2018v3.1
Gross Receipts
$5,742,039
Mission and Program Overview

Mission

To provide educational services to school age children (grades pre-k to 8th).

To provide educational services to school age children (pre-k to 8th).

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$176,685$187,050▲ $10,365
Cash and Non-Interest-Bearing Accounts$178,964$185,887▲ $6,923
Pledges and Grants Receivable-$107,797-
Other Notes and Loans Receivable, Net$107,040--
Land, Buildings, and Equipment, Net$107,542$97,178▼ $10,364
Pd in Cap Srpls Land Bldg Eqp Fund$107,542$97,178▼ $10,364
Accounts Receivable-$36,767-
Prepaid Expenses and Deferred Charges$3,855$15,504▲ $11,649
Total Assets$397,401$443,133▲ $45,732
Liabilities
Accounts Payable and Accrued Expenses$113,174$156,654▲ $43,480
Deferred Revenue-$2,251-
Total Liabilities$113,174$158,905▲ $45,731
Net Assets / Fund Balance
Total Net Assets Fund Balance$284,227$284,228▲ $1
Total Liabilities and Net Assets / Fund Balance$397,401$443,133▲ $45,732

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$93,265$289,390-
Leasehold Improvements$3,913$3,307-
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
School House FinanceFacility Lease1005 N GLEBE ROAD SUITE 610, Vienna, VA 22201$1,616,709
-Management1900 GALLOWS ROAD SUITE 250, Vienna, VA 22182$541,238
Revenue and Support

Revenue Composition

Contributions and Grants
$1,192,157
Program Service Revenue
$4,445,324
Investment Income
$0
Other Revenue
$104,558
All Other Contributions
$1,192,157
Change in Net Assets
$1

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,742,039
Total Revenue per Audited Statements
$5,742,039
Total Revenue per Form 990
$5,742,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,742,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,773,552$0$0$1,773,552
Fees for Services Management$0$541,238$0$541,238
All Other Expenses$184,483$104,554$0$289,037
Insurance$88,745$0$0$88,745
Office Expenses$41,268$41,268$0$82,536
Other Expenses$73,647$0$0$73,647
Depreciation Depletion$33,891$0$0$33,891
Advertising$23,631$0$0$23,631
Fees for Services Accounting$0$17,400$0$17,400
Travel$5,592$0$0$5,592
Total Functional Expenses$4,742,832$999,206$0$5,742,038

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,742,038
Total Expenses per Audited Statements$5,742,038
Total Expenses per Form 990$5,742,038
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Filing and Contact Details

Filer

Filer Name
Milestones Community School Inc
EIN
59-3444711
Phone
3217290500
Address
3355 IMAGINE WAY, MELBOURNE, FL 32904
Doing Business As
Imagine Schools at West Melbourne

Signing Officer

Name
Melissa Koretsky
Title
Board Chair
Phone
3217290500
Signed
2020-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Koretsky
Formed
1998
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The school is contracted with imagine schools, inc. To provide all charter school management services, including the administration and supervision of personnel, procurements and management of materials, equipment, and facilities.

Pt VI, Line 11B

A draft copy of the 990 is provided to the board for review prior to filing with the irs.

Pt VI, Line 12C

An annual review for potential and actual conflicts of interest is performed.

Pt VI, Line 15A

The compensation for top officials is subject to board approval.

Pt VI, Line 15B

The compensation for officers is subject to board approval.

Form 990, Part IX, Line 24E

Board 14000. 0. 14000. 0.

Form 990, Part IX, Line 24E

District admin fee 90554. 0. 90554. 0.

Form 990, Part IX, Line 24E

Food service 184483. 184483. 0. 0.

Financial Statement Notes

Pt X, Line 2

The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.

Raw XML AppendixShowing 400 of 428 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/BOYAmt0113174
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0156654
IRS990/AccountsReceivableGrp/EOYAmt036767
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE EDUCATIONAL SERVICES TO SCHOOL AGE CHILDREN (PRE-K TO 8TH).
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt023631
IRS990/AdvertisingGrp/TotalAmt023631
IRS990/AllOtherContributionsAmt01192157
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0104554
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0184483
IRS990/AllOtherExpensesGrp/TotalAmt0289037
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SUE BAUMAN
IRS990/BooksInCareOfDetail/PhoneNum03217290500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03355 IMAGINE WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0MELBOURNE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032904
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0178964
IRS990/CashNonInterestBearingGrp/EOYAmt0185887
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01616709
IRS990/ContractorCompensationGrp/CompensationAmt1541238
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01005 N GLEBE ROAD SUITE 610
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11900 GALLOWS ROAD SUITE 250
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0VIENNA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1VIENNA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd122182
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SCHOOL HOUSE FINANCE
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0IMAGINE SCHOOLS INC
IRS990/ContractorCompensationGrp/ServicesDesc0FACILITY LEASE
IRS990/ContractorCompensationGrp/ServicesDesc1MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01192157
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05742038
IRS990/CYOtherRevenueAmt0104558
IRS990/CYProgramServiceRevenueAmt04445324
IRS990/CYRevenuesLessExpensesAmt01
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05742038
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05742039
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt02251
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt033891
IRS990/DepreciationDepletionGrp/TotalAmt033891
IRS990/Desc0TO PROVIDE OUTSTANDING EDUCATIONAL SERVICES TO BREVARD COUNTY, FLORIDA AS A CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0IMAGINE SCHOOLS AT WEST MELBOURNE
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04742832
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017400
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt017400
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0541238
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt0541238
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MELISSA KORETSKY
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM MCMULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm2NICHAEL RUSSEL
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN DEGONZAGUE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05742039
IRS990/GrossRentsGrp/RealAmt016800
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt088745
IRS990/InsuranceGrp/TotalAmt088745
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0292697
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0107542
IRS990/LandBldgEquipBasisNetGrp/EOYAmt097178
IRS990/LandBldgEquipCostOrOtherBssAmt0389875
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt087758
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt087758
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL SERVICES TO SCHOOL AGE CHILDREN (PRE-K TO 8TH).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0284227
IRS990/NetAssetsOrFundBalancesEOYAmt0284228
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt01773552
IRS990/OccupancyGrp/TotalAmt01773552
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041268
IRS990/OfficeExpensesGrp/ProgramServicesAmt041268
IRS990/OfficeExpensesGrp/TotalAmt082536
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2FACILITY REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SERVICES & MATERIALS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0294746
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt02355758
IRS990/OtherExpensesGrp/ProgramServicesAmt190776
IRS990/OtherExpensesGrp/ProgramServicesAmt271489
IRS990/OtherExpensesGrp/ProgramServicesAmt373647
IRS990/OtherExpensesGrp/TotalAmt02650504
IRS990/OtherExpensesGrp/TotalAmt190776
IRS990/OtherExpensesGrp/TotalAmt271489
IRS990/OtherExpensesGrp/TotalAmt373647
IRS990/OtherRevenueTotalAmt087758
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0107040
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0107542
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt097178
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0107797
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03855
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015504
IRS990/PrincipalOfficerNm0MELISSA KORETSKY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0FTE - STATE PER STUDENT FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1TITLE I - FEDERAL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc2NSLP - FEDERAL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc3IDEA - FEDERAL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc4LOCAL - CHILD CARE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03687398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1284606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2333926
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313293
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4126101
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05205376
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt05475021
IRS990/PYOtherRevenueAmt0165897
IRS990/PYProgramServiceRevenueAmt0177479
IRS990/PYRevenuesLessExpensesAmt073731
IRS990/PYTotalExpensesAmt05475021
IRS990/PYTotalRevenueAmt05548752
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016800
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05742039
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0176685
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0187050
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/BookValueAmt093265
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0289390
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0382655
IRS990ScheduleD/ExpensesSubtotalAmt05742038
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03913
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03307
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt07220
IRS990ScheduleD/RevenueSubtotalAmt05742039
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt097178
IRS990ScheduleD/TotalExpensesPerForm990Amt05742038
IRS990ScheduleD/TotalRevenuePerForm990Amt05742039
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05742039
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05742038
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0FUNDING IS RECEIVED FROM THE BREVARD COUNTY SCHOOL BOARD AND THE STATE OF FLORIDA.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS OPEN TO ALL RESIDENTS OF BREVARD COUNTY. IT FALLS UNDER THE SAME ADMISSION STANDARDS AND PUBLICATION OF POLICIES AS BREVARD COUNTY PUBLIC SCHOOLS. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS CONTRACTED WITH IMAGINE SCHOOLS, INC. TO PROVIDE ALL CHARTER SCHOOL MANAGEMENT SERVICES, INCLUDING THE ADMINISTRATION AND SUPERVISION OF PERSONNEL, PROCUREMENTS AND MANAGEMENT OF MATERIALS, EQUIPMENT, AND FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL REVIEW FOR POTENTIAL AND ACTUAL CONFLICTS OF INTEREST IS PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION FOR TOP OFFICIALS IS SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR OFFICERS IS SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD 14000. 0. 14000. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DISTRICT ADMIN FEE 90554. 0. 90554. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FOOD SERVICE 184483. 184483. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0397401
IRS990/TotalAssetsEOYAmt0443133
IRS990/TotalAssetsGrp/BOYAmt0397401
IRS990/TotalAssetsGrp/EOYAmt0443133
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01192157
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0999206
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04742832
IRS990/TotalFunctionalExpensesGrp/TotalAmt05742038
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0113174
IRS990/TotalLiabilitiesEOYAmt0158905
IRS990/TotalLiabilitiesGrp/BOYAmt0113174
IRS990/TotalLiabilitiesGrp/EOYAmt0158905
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0284227
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0284228
IRS990/TotalProgramServiceExpensesAmt04742832
IRS990/TotalProgramServiceRevenueAmt04445324
IRS990/TotalRevenueGrp/ExclusionAmt016800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04533082
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05742039
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0397401
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0443133
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt05592
IRS990/TravelGrp/TotalAmt05592
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03355 IMAGINE WAY
IRS990/USAddress/CityNm0MELBOURNE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032904
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTP://IMAGINEWM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA KORETSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03217290500

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.3$17.7$0.56$8.71$9.44$0.72
2023Detailed filing. Detailed filing data is available for this year.$18.5$17.2$1.29$7.62$6.84$0.79
2022Detailed filing. Detailed filing data is available for this year.$17.8$17.3$0.50$6.97$6.71$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.49$0.24$5.90$5.90$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.25$0.25$5.84$5.88$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.28$5.74$5.74$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.11$0.28$5.55$5.48$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.21$0.21$4.95$4.86$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.20$0.13$4.07$4.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.21$2.07$0.14$3.79$3.71$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.17$0.06$3.41$3.53$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.19$0.18$3.77$3.83$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.39$0.20$4.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.38$0.17$5.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.40$0.09$5.28