IMAGINE SCHOOL AT NORTH PORT INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
IMAGINE SCHOOL AT NORTH PORT INC (EIN 36-4701100)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-04-02
IRS object ID
202530929349300238
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-02T11:13:15-07:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200676201PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERT I WALKER CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12803 W BUSCH BLVD SUITE 106AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33618ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364701100EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IMAGINE SCHOOL AT NORTH PORT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIMAGBusinessNameControlTxt
Phone9414262050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 INNOVATION AVEAddressLine1Txt
CityNORTH PORTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34289ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK PEDROPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9414262050PhoneNum
Signature2025-04-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert Walker CPAPreparerPersonNm
PTINP00291149PTIN
Phone8136248643PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK PEDROPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 INNOVATION AVEAddressLine1Txt
CityNORTH PORTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34638ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$15,307,200GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressIMAGINESCHOOLATNORTHPORT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROVIDE CHARITABLE AND EDUCATIONAL SERVICES THROUGH THE OPERATION OF ONE OR MORE CHARTER SCHOOLS WITHIN THE STATE OF FLORIDA.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee172TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,402,465PYContributionsGrantsAmt
CY Contributions Grants$12,010,208CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$2,856,637PYOtherRevenueAmt
CY Other Revenue$3,296,992CYOtherRevenueAmt
PY Total Revenue$14,259,102PYTotalRevenueAmt
CY Total Revenue$15,307,200CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,581,070PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,156,993CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,344,356PYOtherExpensesAmt
CY Other Expenses$5,435,361CYOtherExpensesAmt
PY Total Expenses$13,925,426PYTotalExpensesAmt
CY Total Expenses$14,592,354CYTotalExpensesAmt
PY Revenues Less Expenses$333,676PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$714,846CYRevenuesLessExpensesAmt
Total Assets BOY$8,338,192TotalAssetsBOYAmt
Total Assets EOY$7,264,763TotalAssetsEOYAmt
Total Liabilities BOY$6,212,300TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,424,025TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,125,892NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,840,738NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE CHARITABLE AND EDUCATIONAL SERVICES THROUGH THE OPERATION OF ONE OR MORE CHARTER SCHOOLS WITHIN THE STATE OF FLORIDA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$13,445,430ExpenseAmt
Grant$0GrantAmt
Revenue$15,307,200RevenueAmt
DescTO ESTABLISH AND OPERATE PUBLIC CHARTER SCHOOLS THAT PROVIDE EDUCATION TO STUDENTS.Desc
Total Program Service Expenses$13,445,430TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee172EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCHRISTINE MILLERPersonNm
Phone9414262050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 INNOVATION AVEAddressLine1Txt
CityNORTH PORTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34289ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
MARK PEDRO
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ANNETTE WORTH
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ED SCHUPPENHAUER
TREASURER1.00Yes (X)Yes (X)$0$0$0
HEATHER FURNAS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DR APRIL FLEMING
MEMBER1.00Yes (X)$0$0$0
JOHN HALCOMB
PRINCIPAL40.00$116,657$0$0Yes (X)
ALEISCHA COOVER
PRINCIPAL40.00$112,364$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$229,021TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$12,010,208GovernmentGrantsAmt
Total Contributions$12,010,208TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER LOCAL REVENUEDesc
Business900099BusinessCd
Total Revenue Column$3,296,992TotalRevenueColumnAmt
Related Or Exempt Func Income$3,296,992RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,296,992OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,307,200TotalRevenueColumnAmt
Related Or Exempt Func Income$3,296,992RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,034,517TotalAmt
Program Services$7,034,517ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,589,609TotalAmt
Program Services$1,589,609ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$532,867TotalAmt
Program Services$532,867ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$911,764TotalAmt
Program Services$0ProgramServicesAmt
Management And General$911,764ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,000TotalAmt
Program Services$0ProgramServicesAmt
Management And General$16,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$247,094TotalAmt
Program Services$247,094ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,118TotalAmt
Program Services$9,118ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$90,400TotalAmt
Program Services$0ProgramServicesAmt
Management And General$90,400ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$203,568TotalAmt
Program Services$203,568ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,350,248TotalAmt
Program Services$1,350,248ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,478TotalAmt
Program Services$22,478ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$277,595TotalAmt
Program Services$277,595ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,467,789TotalAmt
Program Services$1,467,789ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$197,859TotalAmt
Program Services$197,859ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT TRANSPORTATION$60,684$60,684$0$0
INSTRUCTIONAL$351,519$351,519$0$0
SPORTS PROGRAMS$100,485$100,485$0$0
DISTRICT ADMIN FEE$128,760$0$128,760$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,592,354TotalAmt
Program Services$13,445,430ProgramServicesAmt
Management And General$1,146,924ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,659,772BOYAmt
EOY$1,881,538EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$181,717BOYAmt
EOY$97,966EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,057,701LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,772,442LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,496,703BOYAmt
EOY$5,285,259EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,338,192BOYAmt
EOY$7,264,763EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$183,106BOYAmt
EOY$746EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,221,888BOYAmt
EOY$1,285,504EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,807,306BOYAmt
EOY$3,137,775EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,212,300BOYAmt
EOY$4,424,025EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$1,392,472BOYAmt
EOY$1,371,115EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$733,420BOYAmt
EOY$1,469,623EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,125,892BOYAmt
EOY$2,840,738EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,338,192BOYAmt
EOY$7,264,763EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$714,846ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd
Other Support Sum$0OtherSupportSumAmt
Public Support CY1700PublicSupportCY170Pct
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$106,016InvestmentCostOrOtherBasisAmt
Book Value$106,016BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,378,383InvestmentCostOrOtherBasisAmt
Depreciation$1,629,323DepreciationAmt
Book Value$1,749,060BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$2,285,255InvestmentCostOrOtherBasisAmt
Depreciation$1,596,374DepreciationAmt
Book Value$688,881BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$6,288,047InvestmentCostOrOtherBasisAmt
Depreciation$3,546,745DepreciationAmt
Book Value$2,741,302BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,285,259TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED PAYROLL AND BENEFITS$397,724
LONG-TERM LEASE PAYBLE$2,740,051
FieldValueIRS element (for citing)
Total Liability$3,137,775TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$15,307,200TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$15,307,200RevenueSubtotalAmt
Total Revenue Per Form990$15,307,200TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,592,354TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$14,592,354ExpensesSubtotalAmt
Total Expenses Per Form990$14,592,354TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt X, Line 2FormAndLineReferenceDesc
ExplanationThe 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.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Line 3THE CHARTER SCHOOL ORGANIZATION SPECIFICALLY STATES ITS NONDISCRIMINATORY POLICY ON SCHOOL BROCHURES, NOTICES PUBLISHED BY THE RESPECTIVE SCHOOL BOARD, AND ALL OF THEIR PUBLIC ADVERTISEMENTS.
Line 6bTHE CHARTER SCHOOL RECEIVES GRANTS FROM THEIR COUNTY SCHOOL BOARD.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 3THE SCHOOL HAS ENTERED INTO A FINANCIAL ARRANGEMENT AGREEMENT (FAA) WITH IMAGINE SCHOOLS, INC. UNDER THE FAA, IMAGINE PROVIDES CORPORATE AND REGIONAL ADMINISTRATIVE, FINANCIAL, DEVELOPMENT, MANAGEMENT, AND OPERATIONAL SUPPORT TO IMAGINE SCHOOL AT NORTH PORT INC.
Pt VI, Line 11bA DRAFT COPY OF THE 990 IS PROVIDED TO THE REGION DIRECTOR FOR REVIEW PRIOR TO FILING WITH THE IRS.
Pt VI, Line 12cTO FURTHER PROMOTE AND FACILITATE THE FULL DISCLOSURE OF POTENTIAL AND ACTUAL CONFLICTS OF INTEREST, EACH LEADERSHIP PERSON SHALL COMPLETE THE ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE PRIOR TO COMMENCING RESPONSIBILITIES FOR IMAGINE SCHOOL AT NORTH PORT INC AT LEAST ONCE EACH YEAR THEREAFTER.
Pt VI, Line 15aCOMPENSATION IS PAID TO IMAGINE SCHOOL AT NORTH PORT INC VIA MANAGEMENT AGREEMENT. TOP OFFICIALS DO NOT RECEIVE COMPENSATION THROUGH IMAGINE SCHOOL AT NORTH PORT INC.
Pt VI, Line 15bCOMPENSATION IS PAID TO IMAGINE SCHOOL AT NORTH PORT INC VIA MANAGEMENT AGREEMENT. OFFICERS AND KEY EMPLOYEES DO NOT RECEIVE COMPENSATION THROUGH IMAGINE SCHOOL AT NORTH PORT INC.
Pt VI, Line 19A COPY OF THE GOVERNING DOCUMENTS MAY BE PROVIDED UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
IMAGINE SCHOOLS INC
1005 NORTH GLEBE ROADARLINGTONVA22201043466383MANAGEMENTVA501C32NAfalse
IMAGINE SCHOOLS NON-PROFIT INC
1005 NORTH GLEBE ROADARLINGTONVA22201203590526MANAGEMENTVA501C32NAfalse
IMAGINE-MANATEE COUNTY LLC
9275 49TH AVE EPALMETTOFL34221204514007SCHOOLFL501C32NAfalse
IMAGINE-EAST MANATEE COUNTY LLC
10535 PORTAL CROSSING BLVDBRADENTONFL34211260465070SCHOOLFL501C32NAfalse
IMAGINE SCHOOL AT SARASOTA LLC
6220 MCCINTOSH ROADSARASOTAFL34238263328979SCHOOLFL501C32NAfalse
IMAGINE-PASCO COUNTY LLC
2940 SUNLAKE BLVDLAND O LAKESFL34638204513500SCHOOLFL501C32NAfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SCHOOLHOUSE FINANCEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11005 NORTH GLEBE ROAD 610AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22201ZIPCd
FieldValueIRS element (for citing)
EIN000000000EIN
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Ownership0.00000OwnershipPct
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.