Imaginenations Group Inc
- Assets
- $537.7k
- Revenue
- $342.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 04/2003
- Data as of
- 12/2020
- EIN
- 11-3669587
Organization Overview
Imaginenations Group Inc is located in Baltimore, MD. The organization was established in 2003. According to its NTEE Classification (O05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imaginenations Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Imaginenations Group Inc generated $342.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $559.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMAGINENATIONS GROUP IMPROVES THE LIVES OF PEOPLE, WHERE THEY LIVE, LEARN, AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMAGINENATIONS GROUP DEVELOPS, INCUBATES, AND PROMOTES INNOVATIONS FOR SOCIAL IMPACT - CATALYZING IDEAS THAT WORK IN ADDRESSING DISEASE PREVENTION AND HEALTH PROMOTION, EDUCATION AND LEADERSHIP DEVELOPMENT AMONG YOUNG PEOPLE. THIS INCLUDES CONVENING AND FACILITATING VISION RETREATS, "UNCOMMON TABLES" OF LEADERS AND STAKEHOLDERS - AND OTHER BRIDGE-BUILDING ACTIVITIES DESIGNED TO PROMOTE HIGHER LEVELS OF ACTION, IMPACT AND COLLABORATION FOCUSED ON DEVELOPING THE NEXT GENERATION OF HEALTHY, RESILIENT AND ENGAGED CITIZENS. WE SEEK TO CLOSE THE 'KNOWING-DOING' GAP BY DEVELOPING A SYSTEMS-LEVEL APPROACH THAT ENGAGES MULTI-SECTOR STAKEHOLDERS, HARNESSES INNOVATION, AND PROVIDES DATA-DRIVEN, YOUTH-FOCUSED HEALTH STRATEGIES IN 'LAST MILE' COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard R Little President/ce | OfficerTrustee | 20 | $0 |
Sir David Bell Treasurer & | OfficerTrustee | 5 | $0 |
Jacob Schimmel Chairman | OfficerTrustee | 5 | $0 |
Alan Fleischmann Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,425 |
| Total Program Service Revenue | $0 |
| Investment income | $98 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,014 |
| Fees for services: Accounting | $23,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $478,146 |
| Advertising and promotion | $0 |
| Office expenses | $5,975 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,337 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $13,163 |
| Total functional expenses | $559,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $465,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,685 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $537,699 |
| Accounts payable and accrued expenses | $39,726 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $272 |
| Total liabilities | $39,998 |
| Net assets without donor restrictions | $497,701 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $537,699 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Imaginenations Group Inc has recieved totaling $160,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $50,000 |
Bosarge Family Foundation Houston, TX PURPOSE: GENERAL SUPPORT OF ORGANIZATION | $25,000 |
Weisfeld Family Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Weisfeld Family Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bioadvance Radnor, PA | $73,104,917 | $2,523,586 |
Imaginenations Group Inc Baltimore, MD | $537,699 | $342,523 |
60feet6 Foundation Harrisburg, PA | $14,036 | $333,445 |
David & Libby Rosen Center For Healthy Families Harrisburg, PA | $6,072 | $62,213 |
The Play And Lead Foundation Falls Church, VA | $55,450 | $5,000 |