Civic Intelligence

Learning Excellence Foundation of South Palm Beach Inc.

990 • Fiscal year 2017 • EIN 65-1125973

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 05, 2018

Organization ProfileWWW.IMAGINE-CHANCELLOR.COM
3333 High Ridge RoadBoynton Beach, FL 33462-4577

(561) 585-1189

Siviq Scores

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

Liabilities / Assets

66th percentile

0.34x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.13x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

43rd percentile

1.0%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

41st percentile

1.4%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

0.5%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$2,968,028

Up $41,421 (+1.4%) from 2016

Net Assets

Up

$1,958,011

Up $80,088 (+4.3%) from 2016

Liabilities

Down

$1,010,017

Down $38,667 (-3.7%) from 2016

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin43rd percentile

Revenue

Up

$8,055,563

Up $43,259 (+0.5%) from 2016

Expenses

Up

$7,975,475

Up $268,481 (+3.5%) from 2016

Net Income

Down

$80,088

Down $225,222 (-74%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$30M$20M$10M$0Assets 2010: $847,208Liabilities 2010: $792,836Net Assets 2010: $54,3722010Assets 2011: $1,189,953Liabilities 2011: $1,115,383Net Assets 2011: $74,5702011Assets 2012: $1,385,880Liabilities 2012: $1,185,788Net Assets 2012: $200,0922012Assets 2013: $2,634,470Liabilities 2013: $2,291,264Net Assets 2013: $343,2062013Assets 2014: $2,703,827Liabilities 2014: $2,004,178Net Assets 2014: $699,6492014Assets 2015: $2,885,927Liabilities 2015: $1,870,343Net Assets 2015: $1,015,5842015Assets 2016: $2,926,607Liabilities 2016: $1,048,684Net Assets 2016: $1,877,9232016Assets 2017: $2,968,028Liabilities 2017: $1,010,017Net Assets 2017: $1,958,0112017Assets 2018: $2,912,647Liabilities 2018: $768,161Net Assets 2018: $2,144,4862018Assets 2019: $2,926,051Liabilities 2019: $615,320Net Assets 2019: $2,310,7312019Assets 2020: $2,917,234Liabilities 2020: $518,487Net Assets 2020: $2,398,7472020Assets 2021: $3,312,878Liabilities 2021: $601,132Net Assets 2021: $2,711,7462021Assets 2022: $22,098,422Liabilities 2022: $19,920,646Net Assets 2022: $2,177,7762022Assets 2023: $21,627,755Liabilities 2023: $19,066,400Net Assets 2023: $2,561,3552023Assets 2024: $22,947,278Liabilities 2024: $18,238,078Net Assets 2024: $4,709,2002024Assets 2025: $22,589,747Liabilities 2025: $17,032,227Net Assets 2025: $5,557,5202025

Highlighted filing

2017

Assets$2,968,028
Liabilities$1,010,017
Net Assets$1,958,011
Open 2017 Filing

Operations Trend

Revenue Growth37th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $4,348,1892010Expenses 2011: $7,360,9892011Expenses 2012: $6,855,6652012Expenses 2013: $6,676,1212013Revenue 2014: $7,512,101Expenses 2014: $7,155,658Net Income 2014: $356,4432014Revenue 2015: $7,763,677Expenses 2015: $7,447,742Net Income 2015: $315,9352015Revenue 2016: $8,012,304Expenses 2016: $7,706,994Net Income 2016: $305,3102016Revenue 2017: $8,055,563Expenses 2017: $7,975,475Net Income 2017: $80,0882017Revenue 2018: $8,669,467Expenses 2018: $8,482,992Net Income 2018: $186,4752018Revenue 2019: $8,991,656Expenses 2019: $8,825,411Net Income 2019: $166,2452019Revenue 2020: $9,029,752Expenses 2020: $8,941,736Net Income 2020: $88,0162020Revenue 2021: $9,081,154Expenses 2021: $8,768,155Net Income 2021: $312,9992021Revenue 2022: $11,061,403Expenses 2022: $11,040,411Net Income 2022: $20,9922022Revenue 2023: $12,932,971Expenses 2023: $12,549,392Net Income 2023: $383,5792023Revenue 2024: $15,071,953Expenses 2024: $12,924,108Net Income 2024: $2,147,8452024Revenue 2025: $14,631,214Expenses 2025: $13,782,894Net Income 2025: $848,3202025

Highlighted filing

2017

Revenue$8,055,563
Expenses$7,975,475
Net Income$80,088
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 5, 2018
Return Version
2016v3.0
Gross Receipts
$8,095,115
Mission and Program Overview

Mission

To operate a not-for-profit charter school and to conduct educational development activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,874,551$1,840,910▼ $33,641
Pd in Cap Srpls Land Bldg Eqp Fund$1,352,806$1,449,209▲ $96,403
Cash and Non-Interest-Bearing Accounts$752,762$797,583▲ $44,821
Rtn Earn Endowment Incm Other Fnds$525,117$508,802▼ $16,315
Prepaid Expenses and Deferred Charges$121,409$199,260▲ $77,851
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,926,607$2,968,028▲ $41,421
Other Assets Total$177,885$130,275▼ $47,610
Liabilities
Accounts Payable and Accrued Expenses$474,550$526,133▲ $51,583
Mortgage Notes Payable Secured by Investment Property$521,745$391,701▼ $130,044
Deferred Revenue$52,389$57,633▲ $5,244
Other Liabilities$0$34,550▲ $34,550
Total Liabilities$1,048,684$1,010,017▼ $38,667
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,877,923$1,958,011▲ $80,088
Total Liabilities and Net Assets / Fund Balance$2,926,607$2,968,028▲ $41,421

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,259,432-$1,259,432
Buildings$371,938$100,829$472,767
Equipment$122,361$339,022$461,383
Leasehold Improvements$87,179$242,706$329,885
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Chris JohnsonChair
Penny M PickettVice Chair
Jennifer WeserDirector
Lisa CarriegosDirector
Erika SingletaryParent Liason
Elizabeth StephanSecretary
Tom SutterfieldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Imagine Schools INCManagement Services1005 N GLEBE RD STE 610, Arlington, VA 22201$700,642
Boca Speech CenterSpeech Therapy160 NW 4TH STREET, Boca Raton, FL 33432$132,150
Revenue and Support

Revenue Composition

Contributions and Grants
$7,537,494
Program Service Revenue
$327,059
Investment Income
$0
Other Revenue
$191,010
Change in Net Assets
$80,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,055,563
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$39,552
Total Revenue per Audited Statements
$8,095,115
Total Revenue per Form 990
$8,055,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,975,475
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$1,470,846--$1,470,846
Fees for Services Management-$700,643-$700,643
All Other Expenses$264,145$67,475-$331,620
Fees for Services Other$134,887$20,998-$155,885
Other Expenses$129,670$31,435-$129,670
Insurance$118,793--$118,793
Depreciation Depletion$31,173$37,244-$68,417
Fees for Services Accounting-$20,684-$20,684
Information Technology$16,664$3,927-$20,591
Office Expenses$948$16,260-$17,208
Advertising-$5,795-$5,795
Travel-$4,957-$4,957
Total Functional Expenses$6,680,575$1,294,900$0$7,975,475

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,015,027
Expenses per Audited Statements$7,975,475
Total Expenses per Form 990$7,975,475
Expenses Not Reported on Form 990$39,552
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,450
Fundraising Direct Expenses$39,552
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$23,828$23,828$13,440$10,388
Chocolate Sales$9,533$9,533$6,255$3,278
Total Events$84,450$84,450$39,552$44,898
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Management Company$34,550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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

Governance Explanations

Form 990, Part VI, Section A, 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.”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 was provided to the board of directors by the foundation's independent accounting firm. It was reviewed and approved by the governing board prior to government submission.”

Form 990, Part VI, Section B, Line 12C

“Board members are educated regarding the requirements for disclosure of business interest and conflicts of interest. Individuals are required to disclose any conflicts of interest that may arise at any time during the year.”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents, conflicts of interest policy, audited financial statements and form 990 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Learning Excellence Foundation
EIN
65-1125973
Phone
5615851189
Address
3333 HIGH RIDGE ROAD, BOYNTON BEACH, FL 33462-4577

Signing Officer

Name
Chris Johnson
Title
Chair
Phone
5615851189
Signed
2018-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Johnson
Formed
2000
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
40

Preparer

Firm
KEEFE MCCULLOUGH & CO LLP CPA'S
Address
6550 N FEDERAL HIGHWAY SUITE 410, FT LAUDERDALE, FL 33308
Preparer
Israel J Gomez
Phone
9547710896
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No change in process from prior year”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 39,552.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 39,552.”

Raw XML AppendixShowing 400 of 462 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.

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IRS990/OtherExpensesGrp/Desc2PROGRAM MATERIALS AND S
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0385482
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131435
IRS990/OtherExpensesGrp/ProgramServicesAmt03882362
IRS990/OtherExpensesGrp/ProgramServicesAmt1358309
IRS990/OtherExpensesGrp/ProgramServicesAmt2272778
IRS990/OtherExpensesGrp/ProgramServicesAmt3129670
IRS990/OtherExpensesGrp/TotalAmt04267844
IRS990/OtherExpensesGrp/TotalAmt1389744
IRS990/OtherExpensesGrp/TotalAmt2272778
IRS990/OtherExpensesGrp/TotalAmt3129670
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt034550
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER LOCAL REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0146112
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0146112
IRS990/OtherRevenueTotalAmt0146112
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01352806
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01449209
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0121409
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0199260
IRS990/PrincipalOfficerNm0CHRIS JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE/AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0174542
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174542
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152517
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07445612
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt07706994
IRS990/PYOtherRevenueAmt0229588
IRS990/PYProgramServiceRevenueAmt0337104
IRS990/PYRevenuesLessExpensesAmt0305310
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt07706994
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08012304
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt080088
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0473171
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0525117
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0508802
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0371938
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0100829
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0472767
IRS990ScheduleD/EquipmentGrp/BookValueAmt0122361
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0339022
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0461383
IRS990ScheduleD/ExpensesNotReportedAmt039552
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07975475
IRS990ScheduleD/LandGrp/BookValueAmt01259432
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01259432
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt087179
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0242706
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0329885
IRS990ScheduleD/OtherExpensesIncludedAmt039552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/OtherRevenueAmt039552
IRS990ScheduleD/RevenueNotReportedAmt039552
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08055563
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES 39,552.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 39,552.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01840910
IRS990ScheduleD/TotalExpensesPerForm990Amt07975475
IRS990ScheduleD/TotalLiabilityAmt034550
IRS990ScheduleD/TotalRevenuePerForm990Amt08055563
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08095115
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08015027
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SPECIFICALLY STATES ITS NONDISCRIMINATORY POLICY ON SCHOOL BROCHURES, NOTICES PUBLISHED BY THE PALM BEACH COUNTY SCHOOL BOARD, AND IN ALL OF ITS PUBLISHED ADVERTISEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SCHOOL DISTRICT OF PALM BEACH COUNTY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039552
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHOCOLATE SALES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09533
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023828
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt051089
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt084450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09533
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023828
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt051089
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt084450
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044898
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt019857
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039552
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06255
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013440
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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 COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM. IT WAS REVIEWED AND APPROVED BY THE GOVERNING BOARD PRIOR TO GOVERNMENT SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE EDUCATED REGARDING THE REQUIREMENTS FOR DISCLOSURE OF BUSINESS INTEREST AND CONFLICTS OF INTEREST. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST THAT MAY ARISE AT ANY TIME DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE IN PROCESS FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02926607
IRS990/TotalAssetsEOYAmt02968028
IRS990/TotalAssetsGrp/BOYAmt02926607
IRS990/TotalAssetsGrp/EOYAmt02968028
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07537494
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01294900
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06680575
IRS990/TotalFunctionalExpensesGrp/TotalAmt07975475
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01048684
IRS990/TotalLiabilitiesEOYAmt01010017
IRS990/TotalLiabilitiesGrp/BOYAmt01048684
IRS990/TotalLiabilitiesGrp/EOYAmt01010017
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01877923

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,968,028
Liabilities
$1,010,017
Net assets
$1,958,011
Revenue
$8,055,563
Expenses
$7,975,475
Net income
$80,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$22.6$17.0$5.56$14.6$13.8$0.85
2024Detailed filing. Detailed filing data is available for this year.$22.9$18.2$4.71$15.1$12.9$2.15
2023Detailed filing. Detailed filing data is available for this year.$21.6$19.1$2.56$12.9$12.5$0.38
2022Detailed filing. Detailed filing data is available for this year.$22.1$19.9$2.18$11.1$11.0$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.31$0.60$2.71$9.08$8.77$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.92$0.52$2.40$9.03$8.94$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.93$0.62$2.31$8.99$8.83$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.91$0.77$2.14$8.67$8.48$0.19
2017Detailed filing. Detailed filing data is available for this year.$2.97$1.01$1.96$8.06$7.98$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.93$1.05$1.88$8.01$7.71$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.89$1.87$1.02$7.76$7.45$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.70$2.00$0.70$7.51$7.16$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$2.29$0.34$6.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$1.19$0.20$6.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$1.12$0.07$7.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.79$0.05$4.35