Civic Intelligence

Learning Excellence Foundation of South Palm Beach Inc.

990 • Fiscal year 2019 • EIN 65-1125973

Jul 01, 2018 to Jun 30, 2019 • Filed on May 18, 2020

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

57th percentile

0.21x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

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

Net Margin

46th percentile

1.8%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

39th percentile

0.5%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

50th percentile

3.7%

Faster revenue growth than 50% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$2,926,051

Up $13,404 (+0.5%) from 2018

Net Assets

Up

$2,310,731

Up $166,245 (+7.8%) from 2018

Liabilities

Down

$615,320

Down $152,841 (-20%) from 2018

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin46th percentile

Revenue

Up

$8,991,656

Up $322,189 (+3.7%) from 2018

Expenses

Up

$8,825,411

Up $342,419 (+4.0%) from 2018

Net Income

Down

$166,245

Down $20,230 (-11%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth39th 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

2019

Assets$2,926,051
Liabilities$615,320
Net Assets$2,310,731
Open 2019 Filing

Operations Trend

Revenue Growth50th 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

2019

Revenue$8,991,656
Expenses$8,825,411
Net Income$166,245
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 18, 2020
Return Version
2018v3.1
Gross Receipts
$9,019,305
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$1,921,042$2,029,981▲ $108,939
Pd in Cap Srpls Land Bldg Eqp Fund$1,666,449$1,919,149▲ $252,700
Cash and Non-Interest-Bearing Accounts$800,226$598,753▼ $201,473
Rtn Earn Endowment Incm Other Fnds$478,037$391,582▼ $86,455
Prepaid Expenses and Deferred Charges$139,186$165,253▲ $26,067
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,912,647$2,926,051▲ $13,404
Other Assets Total$52,193$132,064▲ $79,871
Liabilities
Accounts Payable and Accrued Expenses$467,469$470,344▲ $2,875
Mortgage Notes Payable Secured by Investment Property$254,593$110,832▼ $143,761
Deferred Revenue$46,099$34,144▼ $11,955
Total Liabilities$768,161$615,320▼ $152,841
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,144,486$2,310,731▲ $166,245
Total Liabilities and Net Assets / Fund Balance$2,912,647$2,926,051▲ $13,404

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,259,432-$1,259,432
Buildings$449,535$142,472$592,007
Leasehold Improvements$233,863$283,881$517,744
Equipment$87,151$404,667$491,818
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Chris JohnsonChair
Jennifer WeserDirector
Lisa CarriegosDirector
Marie ChapmanDirector
Marva WilksDirector
Elizabeth StephanSecretary
Tom SutterfieldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Imagine Schools INCManagement Services1005 N GLEBE RD STE 610, Arlington, VA 22201$730,890
Boca Speech CenterSpeech Therapy160 NW 4TH STREET, Boca Raton, FL 33432$138,150
Revenue and Support

Revenue Composition

Contributions and Grants
$8,262,270
Program Service Revenue
$653,877
Investment Income
$0
Other Revenue
$75,509
Change in Net Assets
$166,245

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,991,656
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$27,649
Total Revenue per Audited Statements
$9,019,305
Total Revenue per Form 990
$8,991,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,790,040
Other Expenses$4,035,371
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,251,661$408,865-$3,660,526
Occupancy$1,542,817--$1,542,817
Other Employee Benefits$807,387$59,098-$866,485
Fees for Services Management-$700,477-$700,477
Payroll Taxes$232,666$30,363-$263,029
All Other Expenses$150,072$75,089-$225,161
Fees for Services Other$144,745$10,718-$155,463
Insurance$135,522--$135,522
Other Expenses$130,586$35,470-$130,586
Depreciation Depletion$32,453$48,957-$81,410
Fees for Services Accounting-$35,975-$35,975
Office Expenses$571$22,356-$22,927
Information Technology$8,170$7,850-$16,020
Travel$85$7,756-$7,841
Advertising-$1,955-$1,955
Total Functional Expenses$7,380,482$1,444,929$0$8,825,411

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,853,060
Expenses per Audited Statements$8,825,411
Total Expenses per Form 990$8,825,411
Expenses Not Reported on Form 990$27,649
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$40,039
Fundraising Direct Expenses$27,649
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$23,078$23,078$12,551$10,527
Book Fair$16,961$16,961$15,098$1,863
Total Events$40,039$40,039$27,649$12,390
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
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
2020-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Johnson
Formed
2000
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
130
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 V, Line 2B

“All federal employment tax returns were filed by imagine schools inc.(ein 04-3466383) since the organization leases its employees and is part of their professional employer organization (peo).”

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 27,649.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 27,649.”

Raw XML AppendixShowing 400 of 469 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/OtherEmployeeBenefitsGrp/TotalAmt0866485
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROGRAM MATERIALS AND S
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035470
IRS990/OtherExpensesGrp/ProgramServicesAmt0417882
IRS990/OtherExpensesGrp/ProgramServicesAmt1326761
IRS990/OtherExpensesGrp/ProgramServicesAmt2199104
IRS990/OtherExpensesGrp/ProgramServicesAmt3130586
IRS990/OtherExpensesGrp/TotalAmt0453352
IRS990/OtherExpensesGrp/TotalAmt1326761
IRS990/OtherExpensesGrp/TotalAmt2199104
IRS990/OtherExpensesGrp/TotalAmt3130586
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER LOCAL REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt063119
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt063119
IRS990/OtherRevenueTotalAmt063119
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0408865
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03251661
IRS990/OtherSalariesAndWagesGrp/TotalAmt03660526
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt030363
IRS990/PayrollTaxesGrp/ProgramServicesAmt0232666
IRS990/PayrollTaxesGrp/TotalAmt0263029
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01666449
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01919149
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0139186
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0165253
IRS990/PrincipalOfficerNm0CHRIS JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1BEFORE/AFTER CARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0430067
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1223810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0430067
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1223810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08123718
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt08482992
IRS990/PYOtherRevenueAmt0233056
IRS990/PYProgramServiceRevenueAmt0312693
IRS990/PYRevenuesLessExpensesAmt0186475
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt08482992
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08669467
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0166245
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0716996
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0478037
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0391582
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/BookValueAmt0449535
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0142472
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0592007
IRS990ScheduleD/EquipmentGrp/BookValueAmt087151
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0404667
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0491818
IRS990ScheduleD/ExpensesNotReportedAmt027649
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08825411
IRS990ScheduleD/LandGrp/BookValueAmt01259432
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01259432
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0233863
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0283881
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0517744
IRS990ScheduleD/OtherExpensesIncludedAmt027649
IRS990ScheduleD/OtherRevenueAmt027649
IRS990ScheduleD/RevenueNotReportedAmt027649
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08991656
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES 27,649.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 27,649.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02029981
IRS990ScheduleD/TotalExpensesPerForm990Amt08825411
IRS990ScheduleD/TotalRevenuePerForm990Amt08991656
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09019305
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08853060
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/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027649
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOK FAIR
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016961
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023078
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040039
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016961
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023078
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040039
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012390
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027649
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015098
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012551
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL FEDERAL EMPLOYMENT TAX RETURNS WERE FILED BY IMAGINE SCHOOLS INC.(EIN 04-3466383) SINCE THE ORGANIZATION LEASES ITS EMPLOYEES AND IS PART OF THEIR PROFESSIONAL EMPLOYER ORGANIZATION (PEO).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2A 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/ExplanationTxt3BOARD 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/ExplanationTxt4THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGE IN PROCESS FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02912647
IRS990/TotalAssetsEOYAmt02926051
IRS990/TotalAssetsGrp/BOYAmt02912647
IRS990/TotalAssetsGrp/EOYAmt02926051
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08262270
IRS990/TotalEmployeeCnt0130
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01444929
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07380482
IRS990/TotalFunctionalExpensesGrp/TotalAmt08825411

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,926,051
Liabilities
$615,320
Net assets
$2,310,731
Revenue
$8,991,656
Expenses
$8,825,411
Net income
$166,245
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