Civic Intelligence

Imagine Academy

EIN 71-0989980 • 501(c)3 • Brooklyn, NY

Profile

Imagine academy is a non-profit organization that is dedicated to maintaining and running the day-to-day activities of a day school for children with autism and other disabilities.

1458 East 14th StreetBrooklyn, NY 11230
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.03x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

33rd percentile

-0.5%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$8,846,378

Up $890,407 (+11%) from 2023

Liabilities

Up

$225,771

Up $54,251 (+32%) from 2023

Net Assets

Up

$8,620,607

Up $836,156 (+11%) from 2023

Revenue

Up

$6,654,723

Up $783,711 (+13%) from 2023

Expenses

Up

$5,818,567

Up $781,674 (+16%) from 2023

Net Income

Up

$836,156

Up $2,037 (+0.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $531,561Liabilities 2010: $163,132Net Assets 2010: $368,4292010Assets 2011: $689,107Liabilities 2011: $212,257Net Assets 2011: $476,8502011Assets 2012: $1,048,687Liabilities 2012: $245,731Net Assets 2012: $802,9562012Assets 2013: $1,093,518Liabilities 2013: $138,850Net Assets 2013: $954,6682013Assets 2014: $1,371,168Liabilities 2014: $122,696Net Assets 2014: $1,248,4722014Assets 2015: $1,882,228Liabilities 2015: $34,062Net Assets 2015: $1,848,1662015Assets 2016: $1,913,941Liabilities 2016: $147,857Net Assets 2016: $1,766,0842016Assets 2017: $2,460,344Liabilities 2017: $229,773Net Assets 2017: $2,230,5712017Assets 2018: $3,090,282Liabilities 2018: $149,031Net Assets 2018: $2,941,2512018Assets 2019: $3,496,675Liabilities 2019: $118,085Net Assets 2019: $3,378,5902019Assets 2020: $4,513,910Liabilities 2020: $294,237Net Assets 2020: $4,219,6732020Assets 2021: $5,921,207Liabilities 2021: $143,437Net Assets 2021: $5,777,7702021Assets 2022: $7,097,393Liabilities 2022: $147,061Net Assets 2022: $6,950,3322022Assets 2023: $7,955,971Liabilities 2023: $171,520Net Assets 2023: $7,784,4512023Assets 2024: $8,846,378Liabilities 2024: $225,771Net Assets 2024: $8,620,6072024

Highlighted filing

2024

Assets$8,846,378
Liabilities$225,771
Net Assets$8,620,607

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,480,5962010Expenses 2011: $1,981,5492011Expenses 2012: $1,950,9202012Expenses 2013: $1,852,8982013Revenue 2014: $2,257,656Expenses 2014: $1,963,852Net Income 2014: $293,8042014Revenue 2015: $3,151,670Expenses 2015: $2,551,976Net Income 2015: $599,6942015Revenue 2016: $3,207,793Expenses 2016: $3,289,875Net Income 2016: -$82,0822016Revenue 2017: $3,755,000Expenses 2017: $3,290,513Net Income 2017: $464,4872017Revenue 2018: $4,347,965Expenses 2018: $3,637,285Net Income 2018: $710,6802018Revenue 2019: $4,156,384Expenses 2019: $3,719,045Net Income 2019: $437,3392019Revenue 2020: $4,929,048Expenses 2020: $4,087,965Net Income 2020: $841,0832020Revenue 2021: $5,391,759Expenses 2021: $3,585,969Net Income 2021: $1,805,7902021Revenue 2022: $5,903,000Expenses 2022: $4,518,438Net Income 2022: $1,384,5622022Revenue 2023: $5,871,012Expenses 2023: $5,036,893Net Income 2023: $834,1192023Revenue 2024: $6,654,723Expenses 2024: $5,818,567Net Income 2024: $836,1562024

Highlighted filing

2024

Revenue$6,654,723
Expenses$5,818,567
Net Income$836,156

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.85$0.23$8.62$6.65$5.82$0.84
2023Detailed filing. Detailed filing data is available for this year.$7.96$0.17$7.78$5.87$5.04$0.83
2022Detailed filing. Detailed filing data is available for this year.$7.10$0.15$6.95$5.90$4.52$1.38
2021Detailed filing. Detailed filing data is available for this year.$5.92$0.14$5.78$5.39$3.59$1.81
2020Detailed filing. Detailed filing data is available for this year.$4.51$0.29$4.22$4.93$4.09$0.84
2019Detailed filing. Detailed filing data is available for this year.$3.50$0.12$3.38$4.16$3.72$0.44
2018Detailed filing. Detailed filing data is available for this year.$3.09$0.15$2.94$4.35$3.64$0.71
2017Detailed filing. Detailed filing data is available for this year.$2.46$0.23$2.23$3.76$3.29$0.46
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.15$1.77$3.21$3.29$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.88$0.03$1.85$3.15$2.55$0.60
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.12$1.25$2.26$1.96$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.14$0.95$1.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.25$0.80$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.21$0.48$1.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.16$0.37$1.48
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 5, 2024
Return Version
2022v5.0
Gross Receipts
$5,871,012
Mission and Program Overview

Mission

Imagine academy is a non-profit organization that is dedicated to maintaining and running the day-to-day activities of a day school for children with autism and other disabilities.

Imagine academy provides special education for children with autism and other disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$5,993,160$5,685,392▼ $307,768
Cash and Non-Interest-Bearing Accounts$1,094,701$2,267,362▲ $1,172,661
Land, Buildings, and Equipment, Net$9,532$3,217▼ $6,315
Total Assets$7,097,393$7,955,971▲ $858,578
Liabilities
Accounts Payable and Accrued Expenses$147,061$167,920▲ $20,859
Deferred Revenue-$3,600-
Total Liabilities$147,061$171,520▲ $24,459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,950,332$7,784,451▲ $834,119
Total Net Assets Fund Balance$6,950,332$7,784,451▲ $834,119
Total Liabilities and Net Assets / Fund Balance$7,097,393$7,955,971▲ $858,578

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,217$373,196$376,413
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elisa ChremPrincipalFT$160,058$27,712$187,770
Abraham LeviDirector of Motor DepartmentFT$157,349-$157,349

Board Members and Trustees

NameTitle
David JemalPresident
Heather DeutschPresident of Ladies Auxiliary
Jeffrey DeutschVice President
Marvin DweckVice President
Rebecca HararyVice President
Wendy JemalVice President
Susie DweckAssistant Secretary
Joseph M HararyAssistant Treasurer
Jane SuttonSecretary
Sam SuttonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,857,750
Investment Income
$13,262
Other Revenue
$0
Change in Net Assets
$834,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,871,012
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$188,405
Total Revenue per Audited Statements
$6,059,417
Total Revenue per Form 990
$5,871,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,193,511
Other Expenses$715,355
Grants and Similar Amounts Paid$128,027
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,598,571$203,711-$3,802,282
Payroll Taxes$306,447$17,366-$323,813
Office Expenses$74,925$90,313-$165,238
Grants to Domestic Orgs$128,027--$128,027
Other Employee Benefits$63,845$3,571-$67,416
Occupancy$57,801$5,026-$62,827
Insurance$50,385$4,381-$54,766
Travel$30,395--$30,395
Fees for Services Accounting-$25,500-$25,500
Other Expenses$21,782--$21,782
Fees for Services Legal$20,712--$20,712
Depreciation Depletion$14,076$1,224-$15,300
Advertising-$9,825-$9,825
Fees for Services Other$6,280--$6,280
Conferences and Meetings$4,905--$4,905
Total Functional Expenses$4,675,976$360,917$0$5,036,893

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,225,298
Expenses per Audited Statements$5,036,893
Total Expenses per Form 990$5,036,893
Expenses Not Reported on Form 990$188,405
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Imagine Foundation IncBrooklyn, NY501(c)(3)Operating Support$128,027
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
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The following individuals have a family relationship: a)david j jemal and wendy jemal b)joseph m harary and rebecca harary c)jeffrey deutsch and heather deutsch d)marvin dweck and susie dweck e)sam sutton and jane sutton

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

Organization's process to review form 990 the tax return preparer sends the board of directors a draft copy of the completed tax return for review and comments. After the board of directors approves the return they notify the tax return preparer and a final version of the return is sent to the president. The president then signs the e-file authorization form and returns it to the tax return preparer. The tax return preparer then e-files the return.

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

Enforcement of conflicts policy a conflict of interest attestation is signed annually by the directors and executive staff and is monitored by the board. Upon disclosure of a financial interest and all material facts, the interested person shall leave the board meeting while the remaining board members determine by means of a vote if a conflict of interest exists. The interested person can make a presentation to the board but subsequently he/she shall leave the meeting during the determination. If a conflict of interest does indeed exist, the president of the board shall appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board shall determine whether the organization can obtain with reasonable effort a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If an arrangement cannot reasonably be made with an entity without a conflict of interest then the board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the best interest of the organization. If the board has a reasonable cause to believe that a director, office or member of the executive staff has failed to disclose an actual or possible conflict of interest, it shall inform the individual of the basis for such belief and afford an opportunity to explain the alleged failure to disclose. If, after hearing the response and after making further investigation as warranted by the circumstances, the board determines that an individual who is subjected to this policy has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section C, Line 19

Upon request the public may view the organization's governing documents and related documents at the address located on page 1 of form 990.

Filing and Contact Details

Filer

Filer Name
Imagine Academy
EIN
71-0989980
Phone
7183768882
Address
1458 EAST 14TH STREET, BROOKLYN, NY 11230

Signing Officer

Name
David Jemal
Title
President
Phone
7183768882
Signed
2024-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Jemal
Formed
2005
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
136
Volunteers
10

Preparer

Firm
Roth & Company Llp
Address
1428 36TH STREET SUITE 200, BROOKLYN, NY 11218
Preparer
Zacharia Waxler
Phone
7182361600
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Employee retention credit included in payroll 188,405.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Employee retention credit included in payroll 188,405.

Raw XML AppendixShowing 400 of 529 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT OF LADIES AUXILIARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF MOTOR DEPARTMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0128027
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0128027
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05871012
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04381
IRS990/InsuranceGrp/ProgramServicesAmt050385
IRS990/InsuranceGrp/TotalAmt054766
IRS990/InvestmentIncomeGrp/ExclusionAmt013262
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013262
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0373196
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09532
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03217
IRS990/LandBldgEquipCostOrOtherBssAmt0376413
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IMAGINE ACADEMY IS A NON-PROFIT ORGANIZATION THAT IS DEDICATED TO MAINTAINING AND RUNNING THE DAY-TO-DAY ACTIVITIES OF A DAY SCHOOL FOR CHILDREN WITH AUTISM AND OTHER DISABILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06950332
IRS990/NetAssetsOrFundBalancesEOYAmt07784451
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06950332
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07784451
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05026
IRS990/OccupancyGrp/ProgramServicesAmt057801
IRS990/OccupancyGrp/TotalAmt062827
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt090313
IRS990/OfficeExpensesGrp/ProgramServicesAmt074925
IRS990/OfficeExpensesGrp/TotalAmt0165238
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03571
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt063845
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067416
IRS990/OtherExpensesGrp/Desc0LOSS ON DEPOSIT
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/ProgramServicesAmt0200000
IRS990/OtherExpensesGrp/ProgramServicesAmt197825
IRS990/OtherExpensesGrp/ProgramServicesAmt221782
IRS990/OtherExpensesGrp/TotalAmt0200000
IRS990/OtherExpensesGrp/TotalAmt197825
IRS990/OtherExpensesGrp/TotalAmt221782
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203711
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03598571
IRS990/OtherSalariesAndWagesGrp/TotalAmt03802282
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017366
IRS990/PayrollTaxesGrp/ProgramServicesAmt0306447
IRS990/PayrollTaxesGrp/TotalAmt0323813
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID JEMAL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05857750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05857750
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES AFTER-SCHOOL ACTIVITIES FOR CHILDREN WITH AUTISM AND OTHER DISABILITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0192960
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDES FUNDING TO CHARITABLE ORGANIZATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0128027
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0128027
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt042154
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0461450
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05903000
IRS990/PYRevenuesLessExpensesAmt01384562
IRS990/PYSalariesCompEmpBnftPaidAmt04014834
IRS990/PYTotalExpensesAmt04518438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05903000
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0834119
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05857750
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03217
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0373196
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0376413
IRS990ScheduleD/ExpensesNotReportedAmt0188405
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05036893
IRS990ScheduleD/OtherExpensesIncludedAmt0188405
IRS990ScheduleD/OtherRevenueAmt0188405
IRS990ScheduleD/RevenueNotReportedAmt0188405
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05871012
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EMPLOYEE RETENTION CREDIT INCLUDED IN PAYROLL 188,405.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EMPLOYEE RETENTION CREDIT INCLUDED IN PAYROLL 188,405.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03217
IRS990ScheduleD/TotalExpensesPerForm990Amt05036893
IRS990ScheduleD/TotalRevenuePerForm990Amt05871012
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06059417
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05225298
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0IMAGINE ACADEMY ADVERTISES WITH GOOGLE ADS. THE ADVERTISEMENTS INCLUDE A NOTICE OF THEIR RACIALLY NONDISCRIMINATORY POLICY. THE POLICY CAN ALSO BE FOUND ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0128027
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0IMAGINE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0202336717
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01458 EAST 14TH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd011230
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PERFORMS ONGOING REVIEWS TO ENSURE THAT THEY ARE PROPERLY RECOGNIZED TAX EXEMPT ENTITIES, AND THAT THEIR REQUIRED FINANCIAL FILINGS ARE IN ORDER. IN ADDITION, THE ORGANIZATION'S OFFICERS REGULARLY MONITOR AND ENSURE THAT GRANT FUNDS ARE BEING EXPENDED IN ACCORDANCE WITH THE STATED PURPOSES AND TERMS OF THE GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0160058
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1157349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELISA CHREM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ABRAHAM LEVI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF MOTOR DEPARTMENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187770
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1157349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING INDIVIDUALS HAVE A FAMILY RELATIONSHIP: A)DAVID J JEMAL AND WENDY JEMAL B)JOSEPH M HARARY AND REBECCA HARARY C)JEFFREY DEUTSCH AND HEATHER DEUTSCH D)MARVIN DWECK AND SUSIE DWECK E)SAM SUTTON AND JANE SUTTON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE TAX RETURN PREPARER SENDS THE BOARD OF DIRECTORS A DRAFT COPY OF THE COMPLETED TAX RETURN FOR REVIEW AND COMMENTS. AFTER THE BOARD OF DIRECTORS APPROVES THE RETURN THEY NOTIFY THE TAX RETURN PREPARER AND A FINAL VERSION OF THE RETURN IS SENT TO THE PRESIDENT. THE PRESIDENT THEN SIGNS THE E-FILE AUTHORIZATION FORM AND RETURNS IT TO THE TAX RETURN PREPARER. THE TAX RETURN PREPARER THEN E-FILES THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY A CONFLICT OF INTEREST ATTESTATION IS SIGNED ANNUALLY BY THE DIRECTORS AND EXECUTIVE STAFF AND IS MONITORED BY THE BOARD. UPON DISCLOSURE OF A FINANCIAL INTEREST AND ALL MATERIAL FACTS, THE INTERESTED PERSON SHALL LEAVE THE BOARD MEETING WHILE THE REMAINING BOARD MEMBERS DETERMINE BY MEANS OF A VOTE IF A CONFLICT OF INTEREST EXISTS. THE INTERESTED PERSON CAN MAKE A PRESENTATION TO THE BOARD BUT SUBSEQUENTLY HE/SHE SHALL LEAVE THE MEETING DURING THE DETERMINATION. IF A CONFLICT OF INTEREST DOES INDEED EXIST, THE PRESIDENT OF THE BOARD SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF AN ARRANGEMENT CANNOT REASONABLY BE MADE WITH AN ENTITY WITHOUT A CONFLICT OF INTEREST THEN THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE ORGANIZATION. IF THE BOARD HAS A REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICE OR MEMBER OF THE EXECUTIVE STAFF HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE INDIVIDUAL OF THE BASIS FOR SUCH BELIEF AND AFFORD AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES THAT AN INDIVIDUAL WHO IS SUBJECTED TO THIS POLICY HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST THE PUBLIC MAY VIEW THE ORGANIZATION'S GOVERNING DOCUMENTS AND RELATED DOCUMENTS AT THE ADDRESS LOCATED ON PAGE 1 OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2

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