Civic Intelligence

Learning Excellence Foundation of East Broward County Inc.

990 • Fiscal year 2024 • EIN 65-1124715

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 09, 2024

Organization ProfileWWW.IMAGINENL.COM
1395 S State Road 7North Lauderdale, FL 33068

(954) 973-8900

Siviq Scores

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

Liabilities / Assets

87th percentile

0.68x

Higher debt load relative to assets than 87% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.47x

Higher debt load relative to revenue than 73% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

26th percentile

-4.9%

Higher net margin than 26% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$103,085

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$3,656,437

Down $524,679 (-13%) from 2023

Net Assets

Down

$1,152,157

Down $224,962 (-16%) from 2023

Liabilities

Down

$2,504,280

Down $299,717 (-11%) from 2023

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin26th percentile

Revenue

Down

$5,373,917

Down $664,691 (-11%) from 2023

Expenses

Up

$5,635,579

Up $671,463 (+14%) from 2023

Net Income

Down

-$261,662

Down $1,336,154 (-124%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $901,199Liabilities 2014: $960,945Net Assets 2014: -$59,7462014Assets 2015: $915,124Liabilities 2015: $941,501Net Assets 2015: -$26,3772015Assets 2016: $883,126Liabilities 2016: $831,888Net Assets 2016: $51,2382016Assets 2017: $726,413Liabilities 2017: $628,583Net Assets 2017: $97,8302017Assets 2018: $652,905Liabilities 2018: $521,788Net Assets 2018: $131,1172018Assets 2019: $742,219Liabilities 2019: $570,840Net Assets 2019: $171,3792019Assets 2020: $664,961Liabilities 2020: $426,509Net Assets 2020: $238,4522020Assets 2021: $982,760Liabilities 2021: $511,149Net Assets 2021: $471,6112021Assets 2022: $3,768,484Liabilities 2022: $3,465,857Net Assets 2022: $302,6272022Assets 2023: $4,181,116Liabilities 2023: $2,803,997Net Assets 2023: $1,377,1192023Assets 2024: $3,656,437Liabilities 2024: $2,504,280Net Assets 2024: $1,152,1572024Assets 2025: $2,777,347Liabilities 2025: $1,860,309Net Assets 2025: $917,0382025

Highlighted filing

2024

Assets$3,656,437
Liabilities$2,504,280
Net Assets$1,152,157
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $635,051Expenses 2014: $46,857Net Income 2014: $588,1942014Revenue 2015: $5,222,255Expenses 2015: $5,188,886Net Income 2015: $33,3692015Revenue 2016: $6,006,355Expenses 2016: $5,928,740Net Income 2016: $77,6152016Revenue 2017: $5,841,212Expenses 2017: $5,794,620Net Income 2017: $46,5922017Revenue 2018: $6,149,207Expenses 2018: $6,115,920Net Income 2018: $33,2872018Revenue 2019: $6,215,885Expenses 2019: $6,175,623Net Income 2019: $40,2622019Revenue 2020: $5,239,620Expenses 2020: $5,172,547Net Income 2020: $67,0732020Revenue 2021: $5,097,656Expenses 2021: $4,864,497Net Income 2021: $233,1592021Revenue 2022: $4,429,025Expenses 2022: $4,598,009Net Income 2022: -$168,9842022Revenue 2023: $6,038,608Expenses 2023: $4,964,116Net Income 2023: $1,074,4922023Revenue 2024: $5,373,917Expenses 2024: $5,635,579Net Income 2024: -$261,6622024Revenue 2025: $6,051,354Expenses 2025: $6,286,473Net Income 2025: -$235,1192025

Highlighted filing

2024

Revenue$5,373,917
Expenses$5,635,579
Net Income-$261,662
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 9, 2024
Return Version
2023v5.1
Gross Receipts
$5,373,917
Mission and Program Overview

Mission

Its all about the students. No exceptions. No excuses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,672,550$2,346,988▼ $325,562
Rtn Earn Endowment Incm Other Fnds$206,293$778,175▲ $571,882
Accounts Receivable$24,999$654,535▲ $629,536
Pd in Cap Srpls Land Bldg Eqp Fund$1,170,826$373,982▼ $796,844
Cash and Non-Interest-Bearing Accounts$285,931$338,823▲ $52,892
Total Assets$4,181,116$3,656,437▼ $524,679
Other Assets Total$1,197,636$316,091▼ $881,545
Liabilities
Other Liabilities$2,506,256$1,973,006▼ $533,250
Accounts Payable and Accrued Expenses$261,144$522,666▲ $261,522
Deferred Revenue$36,597$8,608▼ $27,989
Total Liabilities$2,803,997$2,504,280▼ $299,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,377,119$1,152,157▼ $224,962
Total Liabilities and Net Assets / Fund Balance$4,181,116$3,656,437▼ $524,679

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,973,006$1,479,753-
Equipment$95,748$448,637-
Leasehold Improvements$278,234$155,757-
Other Assets Org$8,105--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sharon BaileyPrincipalFT$103,085$103,085

Board Members and Trustees

NameTitle
Linda ArnoldBoard Chair
Diana TobarBoard Member
Emanuel HunterBoard Member
Vida KalhorSecretary
Rebecca DahlVc, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,575,867
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$798,050
Change in Net Assets
$-261,662

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,373,917
Total Revenue per Audited Statements
$5,373,917
Total Revenue per Form 990
$5,373,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,635,579
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$682,562$0$0$682,562
Depreciation Depletion$533,751$0$0$533,751
Fees for Services Management$0$408,570$0$408,570
Other Expenses$332,510$0$0$332,510
Fees for Services Other$116,484$0$0$116,484
All Other Expenses$0$98,163$0$98,163
Interest$91,220$0$0$91,220
Office Expenses$35,092$23,393$0$58,485
Insurance$55,885$0$0$55,885
Fees for Services Accounting$0$30,350$0$30,350
Advertising$8,083$0$0$8,083
Travel$5,333$0$0$5,333
Total Functional Expenses$4,685,356$950,223$0$5,635,579

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,635,579
Total Expenses per Audited Statements$5,635,579
Total Expenses per Form 990$5,635,579
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Lease Liability$1,973,006
Due to Charter Holder$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Learning Excellence Foundation of East Broward County Inc
EIN
65-1124715
Phone
9549738900
Address
1395 S STATE ROAD 7, NORTH LAUDERDALE, FL 33068
Doing Business As
Imagine Charter School at North Lauderdale

Signing Officer

Name
Linda Arnold
Title
Board Chair
Phone
9549738900
Signed
2024-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Arnold
Formed
2000
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
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 corporation has entered into a charter school operating agreement with imagine schools, inc. (imagine) (ein: 04-3466383), a delaware not-for-profit corporation, to provide organizational and operational support, including the admistration and supervision of school personnel, procurement and management of materials, equipment, and facilities necessary for the provision of educational services to students, and the management, operation and maintenance of the charter school, including preparation and proposal of the charter school budget, in accordance with the charter school mission, educational goals, curriculum, methods of pupil assessment, admission policy and criteria, school calendar and school day schedule, age and grade range of pupils to be enrolled, and method to be usded to monitor compliance with performance of targeted educational outcomes.”

Pt VI, Line 11B

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

Pt VI, Line 12C

“The code of ethics for public officers and employees requires that all potential conflicts of interest must be proptly disclosed. When a possible conflict has been disclosed, the board determines whether a conflict actually exists and whether the corporation board member would be required to resign or abstain from discussion and voting on a particular matter. The decisions of the corporation board on these matters are guided by independent legal counsel, as appropriate, legal precedent and decision of the florida commission of ethics, which has jurisdiction to interpret the code of ethics for public officers and employees.”

Pt VI, Line 12C

“Governing documents are available upon request.”

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 406 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/BOYAmt0261144
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0522666
IRS990/AccountsReceivableGrp/BOYAmt024999
IRS990/AccountsReceivableGrp/EOYAmt0654535
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ITS ALL ABOUT THE STUDENTS. NO EXCEPTIONS. NO EXCUSES.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt08083
IRS990/AdvertisingGrp/TotalAmt08083
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt098163
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt098163
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0WINSOME SCOTT
IRS990/BooksInCareOfDetail/PhoneNum09549738900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01395 S STAE ROAD 7
IRS990/BooksInCareOfDetail/USAddress/CityNm0POMPANO BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033068
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0285931
IRS990/CashNonInterestBearingGrp/EOYAmt0338823
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04575867
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05635579
IRS990/CYOtherRevenueAmt0798050
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-261662
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05635579
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05373917
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt036597
IRS990/DeferredRevenueGrp/EOYAmt08608
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0533751
IRS990/DepreciationDepletionGrp/TotalAmt0533751
IRS990/Desc0OPERATION OF ONE CHARTER SCHOOL SERVING GRADES KINDERGARTEN THROUGH 5TH AND AFTER CARE FOR CHARTER SCHOOL STUDENTS, IN BROWARD COUNTY, FLORIDA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0IMAGINE CHARTER SCHOOL AT NORTH LAUDERDALE
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04685356
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030350
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt030350
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0408570
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt0408570
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0116484
IRS990/FeesForServicesOtherGrp/TotalAmt0116484
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0LINDA ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm1REBECCA DAHL
IRS990/Form990PartVIISectionAGrp/PersonNm2VIDA KALHOR
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANA TOBAR
IRS990/Form990PartVIISectionAGrp/PersonNm4EMANUEL HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm5SHARON BAILEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5103085
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VC, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt04575867
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05373917
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt055885
IRS990/InsuranceGrp/TotalAmt055885
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt091220
IRS990/InterestGrp/TotalAmt091220
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02084147
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02672550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02346988
IRS990/LandBldgEquipCostOrOtherBssAmt04431135
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ITS ALL ABOUT THE STUDENTS. NO EXCEPTIONS. NO EXCUSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01377119
IRS990/NetAssetsOrFundBalancesEOYAmt01152157
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0682562
IRS990/OccupancyGrp/TotalAmt0682562
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023393
IRS990/OfficeExpensesGrp/ProgramServicesAmt035092
IRS990/OfficeExpensesGrp/TotalAmt058485
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01197636
IRS990/OtherAssetsTotalGrp/EOYAmt0316091
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3FOOD SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0389747
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt02314531
IRS990/OtherExpensesGrp/ProgramServicesAmt1424492
IRS990/OtherExpensesGrp/ProgramServicesAmt285413
IRS990/OtherExpensesGrp/ProgramServicesAmt3332510
IRS990/OtherExpensesGrp/TotalAmt02704278
IRS990/OtherExpensesGrp/TotalAmt1424492
IRS990/OtherExpensesGrp/TotalAmt285413
IRS990/OtherExpensesGrp/TotalAmt3332510
IRS990/OtherLiabilitiesGrp/BOYAmt02506256
IRS990/OtherLiabilitiesGrp/EOYAmt01973006
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER LOCAL
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0798050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0798050
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0798050
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01170826
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0373982
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LINDA ARNOLD
IRS990/PriorPeriodAdjustmentsAmt036700
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04445564
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt04964116
IRS990/PYOtherRevenueAmt01593044
IRS990/PYRevenuesLessExpensesAmt01074492
IRS990/PYTotalExpensesAmt04964116
IRS990/PYTotalRevenueAmt06038608
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-261662
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05373917
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0206293
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0778175
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt095748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0448637
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0544385
IRS990ScheduleD/ExpensesSubtotalAmt05635579
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0278234
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0155757
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0433991
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0307986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18105
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER AGENCIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01973006
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01479753
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03452759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01973006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO CHARTER HOLDER
IRS990ScheduleD/RevenueSubtotalAmt05373917
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/TotalBookValueLandBuildingsAmt02346988
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0316091
IRS990ScheduleD/TotalExpensesPerForm990Amt05635579
IRS990ScheduleD/TotalLiabilityAmt01973006
IRS990ScheduleD/TotalRevenuePerForm990Amt05373917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05373917
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05635579
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/ExplanationTxt0RECEIVES REVENUE FOR CURRENT OPERATIONS PRIMARILY FROM THE STATE OF FLORIDA THROUGH THE SCHOOL DISTRICT OF BROWARD COUNTY, FL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1POLICY IS DETAILED IN THE STUDENT HANDBOOK POLICY IS DETAILED IN THE STUDENT HANDBOOK
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ENTERED INTO A CHARTER SCHOOL OPERATING AGREEMENT WITH IMAGINE SCHOOLS, INC. (IMAGINE) (EIN: 04-3466383), A DELAWARE NOT-FOR-PROFIT CORPORATION, TO PROVIDE ORGANIZATIONAL AND OPERATIONAL SUPPORT, INCLUDING THE ADMISTRATION AND SUPERVISION OF SCHOOL PERSONNEL, PROCUREMENT AND MANAGEMENT OF MATERIALS, EQUIPMENT, AND FACILITIES NECESSARY FOR THE PROVISION OF EDUCATIONAL SERVICES TO STUDENTS, AND THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE CHARTER SCHOOL, INCLUDING PREPARATION AND PROPOSAL OF THE CHARTER SCHOOL BUDGET, IN ACCORDANCE WITH THE CHARTER SCHOOL MISSION, EDUCATIONAL GOALS, CURRICULUM, METHODS OF PUPIL ASSESSMENT, ADMISSION POLICY AND CRITERIA, SCHOOL CALENDAR AND SCHOOL DAY SCHEDULE, AGE AND GRADE RANGE OF PUPILS TO BE ENROLLED, AND METHOD TO BE USDED TO MONITOR COMPLIANCE WITH PERFORMANCE OF TARGETED EDUCATIONAL OUTCOMES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CODE OF ETHICS FOR PUBLIC OFFICERS AND EMPLOYEES REQUIRES THAT ALL POTENTIAL CONFLICTS OF INTEREST MUST BE PROPTLY DISCLOSED. WHEN A POSSIBLE CONFLICT HAS BEEN DISCLOSED, THE BOARD DETERMINES WHETHER A CONFLICT ACTUALLY EXISTS AND WHETHER THE CORPORATION BOARD MEMBER WOULD BE REQUIRED TO RESIGN OR ABSTAIN FROM DISCUSSION AND VOTING ON A PARTICULAR MATTER. THE DECISIONS OF THE CORPORATION BOARD ON THESE MATTERS ARE GUIDED BY INDEPENDENT LEGAL COUNSEL, AS APPROPRIATE, LEGAL PRECEDENT AND DECISION OF THE FLORIDA COMMISSION OF ETHICS, WHICH HAS JURISDICTION TO INTERPRET THE CODE OF ETHICS FOR PUBLIC OFFICERS AND EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04181116
IRS990/TotalAssetsEOYAmt03656437
IRS990/TotalAssetsGrp/BOYAmt04181116
IRS990/TotalAssetsGrp/EOYAmt03656437
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04575867
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0950223
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04685356
IRS990/TotalFunctionalExpensesGrp/TotalAmt05635579
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02803997
IRS990/TotalLiabilitiesEOYAmt02504280
IRS990/TotalLiabilitiesGrp/BOYAmt02803997
IRS990/TotalLiabilitiesGrp/EOYAmt02504280
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01377119
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01152157
IRS990/TotalProgramServiceExpensesAmt04685356
IRS990/TotalReportableCompFromOrgAmt0103085
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0798050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05373917
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04181116
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03656437
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt05333
IRS990/TravelGrp/TotalAmt05333
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01395 S STATE ROAD 7
IRS990/USAddress/CityNm0POMPANO BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033068
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.IMAGINENL.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA ARNOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09549738900
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARNING EXCELLENCE FOUNDATION OF EAST BROWARD COUNTY INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0651124715
ReturnHeader/Filer/PhoneNum09549738900
ReturnHeader/Filer/USAddress/AddressLine1Txt01395 S STATE ROAD 7
ReturnHeader/Filer/USAddress/CityNm0NORTH LAUDERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033068
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200676201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,656,437
Liabilities
$2,504,280
Net assets
$1,152,157
Revenue
$5,373,917
Expenses
$5,635,579
Net income
-$261,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.78$1.86$0.92$6.05$6.29$0.24
2024Detailed filing. Detailed filing data is available for this year.$3.66$2.50$1.15$5.37$5.64$0.26
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$2.80$1.38$6.04$4.96$1.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$3.47$0.30$4.43$4.60$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.51$0.47$5.10$4.86$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.43$0.24$5.24$5.17$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.57$0.17$6.22$6.18$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.52$0.13$6.15$6.12$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.63$0.10$5.84$5.79$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.83$0.05$6.01$5.93$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.94$0.03$5.22$5.19$0.03
2014Summary only. Only limited summary data is available for this year.$0.90$0.96$0.06$0.64$0.05$0.59