IMAGINE AT BROWARD INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
IMAGINE AT BROWARD INC (EIN 27-2883364)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-22
IRS object ID
202403279349300115
Schema version
2023v5.1
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)
Return2024-11-22T07:33:45-08:00ReturnTs
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 Walker CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12803 W Busch Blvd Ste 106AddressLine1Txt
CityTampaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33618ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272883364EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IMAGINE AT BROWARD INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIMAGBusinessNameControlTxt
Phone9542550020PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19001 WESTVIEW DRIVEAddressLine1Txt
CityCORAL SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33067ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN SCHLANGPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone9542550020PhoneNum
Signature2024-11-22SignatureDt
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 TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1IMAGINE SCHOOL AT BROWARDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerBRIAN SCHLANGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19001 WESTVIEW DRIVEAddressLine1Txt
CityCORAL SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33067ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,769,218GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.IMAGINESCHOOLATBROWARD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,908,287PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,765,905PYProgramServiceRevenueAmt
CY Program Service Revenue$12,692,463CYProgramServiceRevenueAmt
PY Investment Income$67,002PYInvestmentIncomeAmt
CY Investment Income$93,815CYInvestmentIncomeAmt
PY Other Revenue$1,017,589PYOtherRevenueAmt
CY Other Revenue$1,933,194CYOtherRevenueAmt
PY Total Revenue$10,758,783PYTotalRevenueAmt
CY Total Revenue$14,719,472CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,095,008PYOtherExpensesAmt
CY Other Expenses$12,684,027CYOtherExpensesAmt
PY Total Expenses$10,095,008PYTotalExpensesAmt
CY Total Expenses$12,684,027CYTotalExpensesAmt
PY Revenues Less Expenses$663,775PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,035,445CYRevenuesLessExpensesAmt
Total Assets BOY$31,431,081TotalAssetsBOYAmt
Total Assets EOY$33,061,026TotalAssetsEOYAmt
Total Liabilities BOY$29,750,592TotalLiabilitiesBOYAmt
Total Liabilities EOY$29,345,092TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,680,489NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,715,934NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$10,781,810ExpenseAmt
Grant$0GrantAmt
Revenue$12,692,463RevenueAmt
DescTHE MISSION OF IMAGINE SCHOOL AT BROWARD IS COMMITMENT TO EXCELLENCE IN ACADEMICS, CHARACTER, AND SPIRIT BY BUILDING, DEVELOPING AND FOSTERING PARTNERSHIPS BETWEEN OUR SCHOOL AND EXTERNAL STAKEHOLDERS THAT, TOGETHER, CREATE A COMMUNITY OF CARING LIFE-LONG LEARNERS. AT IMAGINE SCHOOL AT BROWARD WE STRIVE TO PROVIDE STUDENTS WITH A SAFE AND NURTURING LEARNING ENVIRONMENT IN CONJUNCTION WITH CHALLENGING EDUCATION OPPORTUNITIES THAT PREPARE THEM FOR LIVES OF LEADERSHIP IN A RAPIDLY CHANGING WORLD.Desc
Total Program Service Expenses$10,781,810TotalProgramServiceExpensesAmt
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 LiabilitiesfalseReportOtherLiabilitiesInd
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 ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
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 StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
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 CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHAKIRA TAYLORPersonNm
Phone9547964715PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19001 WESTVIEW DRAddressLine1Txt
CityCORAL SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33067ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
BRIAN SCHLANG
BOARD CHAIR0.00Yes (X)Yes (X)$0$0$0
ESME MALDANADO
SECRETARY0.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER BUCKLEY
BOARD MEMBER0.00Yes (X)$0$0$0
JAMES GERUN
BOARD MEMBER0.00Yes (X)$0$0$0
LORI RINE
BOARD MEMBER0.00Yes (X)$0$0$0
DEBRA DARLING
PRINCIPAL40.00$123,861$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$123,861TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
STATE & FEDERAL FUNDING900099$11,222,274$0$0
BEFORE/AFTER CARE900099$544,216$0$0
PRE-K900099$575,558$0$0
OTHER SCHOOL COURSES900099$224,581$0$0
SUMMER PROGRAM FEES900099$74,397$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,437TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$12,692,463TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,815TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$93,815ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$183,844FundraisingGrossIncomeAmt
Fundraising Direct Expenses$49,746FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$134,098TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$134,098ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER LOCALDesc
Business900099BusinessCd
Total Revenue Column$1,799,096TotalRevenueColumnAmt
Related Or Exempt Func Income$1,799,096RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,799,096OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,719,472TotalRevenueColumnAmt
Related Or Exempt Func Income$14,491,559RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$227,913ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$969,366TotalAmt
Program Services$0ProgramServicesAmt
Management And General$969,366ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,531TotalAmt
Program Services$0ProgramServicesAmt
Management And General$40,531ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$43,946TotalAmt
Program Services$43,946ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,548TotalAmt
Program Services$5,548ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$714,973TotalAmt
Program Services$428,984ProgramServicesAmt
Management And General$285,989ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$941,174TotalAmt
Program Services$941,174ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$156,242TotalAmt
Program Services$156,242ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,199,678TotalAmt
Program Services$1,199,678ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$681,206TotalAmt
Program Services$681,206ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$151,982TotalAmt
Program Services$151,982ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
LEASED EMPLOYEES$6,484,041$5,877,710$606,331$0
INSTRUCTIONAL MATERIALS$1,043,492$1,043,492$0$0
FOOD SERVICES$213,530$213,530$0$0
DISTRICT ADMIN FEE$38,318$38,318$0$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,684,027TotalAmt
Program Services$10,781,810ProgramServicesAmt
Management And General$1,902,217ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,170,128BOYAmt
EOY$4,146,788EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,268,356BOYAmt
EOY$2,507,651EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$553,141EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$52,922BOYAmt
EOY$70,982EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$40,917BOYAmt
EOY$45,082EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$29,133,252LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,395,870LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$25,852,619BOYAmt
EOY$25,737,382EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$46,139BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,431,081BOYAmt
EOY$33,061,026EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$643,864BOYAmt
EOY$745,874EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$223,001BOYAmt
EOY$91,741EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,303,727BOYAmt
EOY$28,507,477EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$580,000BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,750,592BOYAmt
EOY$29,345,092EOYAmt
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-$762,752BOYAmt
EOY-$262,444EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,443,241BOYAmt
EOY$3,978,378EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,680,489BOYAmt
EOY$3,715,934EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,431,081BOYAmt
EOY$33,061,026EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,035,445ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
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$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$5,940,000OtherCostOrOtherBasisAmt
Book Value$5,940,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,053,849OtherCostOrOtherBasisAmt
Depreciation$2,621,500DepreciationAmt
Book Value$19,432,349BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,139,403OtherCostOrOtherBasisAmt
Depreciation$774,370DepreciationAmt
Book Value$365,033BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$25,737,382TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,769,218TotalRevEtcAuditedFinclStmtAmt
Other Revenue$49,746OtherRevenueAmt
Revenue Not Reported$49,746RevenueNotReportedAmt
Revenue Subtotal$14,719,472RevenueSubtotalAmt
Total Revenue Per Form990$14,719,472TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$12,733,773TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$49,746OtherExpensesIncludedAmt
Expenses Not Reported$49,746ExpensesNotReportedAmt
Expenses Subtotal$12,684,027ExpensesSubtotalAmt
Total Expenses Per Form990$12,684,027TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt X, Line 2The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code and applicable state law. 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.
Pt XI, Line 2dDIRECT FUNDRAISING EXPENSES $49,746
Pt XII, Line 2dDIRECT FUNDRAISING EXPENSES $49,746

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 6bRECEIVES REVENUES FOR CURRENT OPERATIONS PRIMARILY FROM THE STATE OF FLORIDA THROUGH THE SCHOOL DISTRICT OF BROWARD COUNTY, FL.
Line 3POLICY IS DETAILED IN THE STUDENT HANDBOOK POLICY IS DETAILED IN THE STUDENT HANDBOOK

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1JIF CLUBEvent1Nm
Gross Receipts Event1$59,123GrossReceiptsEvent1Amt
Gross Revenue Event1$59,123GrossRevenueEvent1Amt
Other Direct Expenses Event1$14,168OtherDirectExpensesEvent1Amt
Event2BOOSTERTHONEvent2Nm
Gross Receipts Event2$53,896GrossReceiptsEvent2Amt
Gross Revenue Event2$53,896GrossRevenueEvent2Amt
Other Direct Expenses Event2$21,403OtherDirectExpensesEvent2Amt
Other Events Total5OtherEventsTotalCnt
Gross Receipts Other Events$70,825GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$70,825GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$14,175OthDirectExpnssOtherEventsAmt
Gross Receipts Total$183,844GrossReceiptsTotalAmt
Gross Revenue Total Events$183,844GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$49,746OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$49,746DirectExpenseSummaryEventsAmt
Net Income Summary$134,098NetIncomeSummaryAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
FDFC - SERIES 2019A
A272883364VARIOUS002019-06-01$21,033,754BUILDING AQUISITIONfalsefalsefalse
FDFC - SERIES 2021A
B272883364VARIOUS002021-12-01$7,968,723MULTI-PURPOSE BUILDINGfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$21,033,754$1,792,853$420,675$19,373,621falsefalseYes (true)Yes (true)
B$7,968,723$714,798$159,375$7,190,781falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.000000.000000.00000falsefalse0.00000Yes (true)
Bfalsefalsefalsefalse0.000000.000000.00000falsefalse0.00000Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctGross Proceeds Invested In GICGrossProceedsInvestedInGICIndTerm Of GICTermOfGICPctGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
Afalsefalsefalsefalsefalsefalse0.000000000000false0.000000000000falseYes (true)
Bfalsefalsefalsefalsefalsefalse0.000000000000false0.000000000000falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
OtherTHE MISSION OF IMAGINE SCHOOL AT BROWARD IS COMMITMENT TO EXCELLENCE IN ACADEMICS, CHARACTER, AND SPIRIT BY BUILDING, DEVELOPING AND FOSTERING PARTNERSHIPS BETWEEN OUR SCHOOL AND EXTERNAL STAKEHOLDERS THAT, TOGETHER, CREATE A COMMUNITY OF CARING LIFE-LONG LEARNERS. AT IMAGINE SCHOOL AT BROWARD, WE STRIVE TO PROVIDE STUDENTS WITH A SAFE AND NURTURING LEARNING ENVIRONMENT IN CONJUNCTION WITH CHALLENGING EDUCATION OPPORTUNITIES THAT PREPARE THEM FOR LIVE OF LEADERSHIP IN A RAPIDLY CHANGING WORLD.
Pt VI, Line 3THE SCHOOL IS CONTRACTED WITH IMAGINE SCHOOLS NON-PROFIT, INC. TO PROVIDE ALL CHARTER SCHOOL MANAGEMENT SERVICES, INCLUDING THE ADMINISTRATION AND SUPERVISION OF PERSONNEL, PROCUREMENTS AND MANAGEMENT OF MATERIALS, EQUIPMENT AND FACILITIES.
Pt VI, Line 6THE ORGANIZATION IS A FLORIDA SINGLE-MEMBER NONPROFIT CORPORATION. ITS SINGLE MEMBER IS IMAGINE SCHOOLS NON-PROFIT, INC. (ISNP) (EIN: 20-3590526), WHICH IS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS THE CORPORATIONS SINGLE MEMBER, ISNP HAS THE EXCLUSIVE RIGHT TO APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR THE CORPORATIONS BYLAWS, TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS, TO VOTE ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATIONS ASSETS, TO VOTE ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT TO THOSE TERMS, AND TO VOTE ON ANY ELECTION TO DISSOLVE THE CORPORATION. HOWEVER, THE DIRECTION AND MANAGEMENT OF THE AFFAIRS OF THE CORPORATION ARE VESTED IN THE CORPORATIONS BOARD OF DIRECTORS.
Pt VI, Line 7aSEE RESPONSE TO FORM 990, PART VI, LINE 6.
Pt VI, Line 7bSEE RESPONSE TO FORM 990, PART VI, LINE 6.
Pt VI, Line 11bA DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
Pt VI, Line 12cSTATEMENT OF FINANCIAL INTEREST IS FILLED OUT ANNUALLY AND SUBMITTED TO THE STATE.
Pt VI, Line 19GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
IMAGINE SCHOOLS NON-PROFIT INC
1005 NORTH GLEBE ROADARLINGTONVA22201203590526SCHOOLVA501C32NAfalse
IMAGINE - SOUTH BROWARD INC
13790 NW 4TH STREETSUNRISEFL33325800821052SCHOOLFL501C32ISNPfalse
IMAGINE PREP SURPRISE INC
14850 N 156TH AVENUESURPRISEAZ85379452540762SCHOOLAZ501C32ISNPfalse
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 OrgfalseRentalOfFcltsFromOthOrgInd
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 OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IMAGINE SCHOOLS NON-PROFIT INC
E$60,143COST
IMAGINE SCHOOLS NON-PROFIT INC
M$969,366COST
IMAGINE SCHOOLS NON-PROFIT INC
O$6,484,041COST

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