Imagine Coolidge Elementary Inc is located in Coolidge, AZ. The organization was established in 2013. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine Coolidge Elementary 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 06/2021, Imagine Coolidge Elementary Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $6.4m during the year ending 06/2021. While expenses have increased by 1.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A NOT FOR PROFIT CHARTER SCHOOL AND CONDUCT EDUCATIONAL RESEARCH, EVALUATION, AND DEVELOPMENT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHARTER SCHOOL FOR GRADES K THROUGH 5
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clara Thigpen Principal | Officer | 40 | $112,421 |
Dr Leonora Ketyer Chair | OfficerTrustee | 2 | $0 |
Herman Orcutt Secretary | OfficerTrustee | 2 | $0 |
Megan Zimmerman Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,312,896 |
All other contributions, gifts, grants, and similar amounts not included above | $1,200 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,314,096 |
Total Program Service Revenue | $4,221,597 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $73,289 |
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 | $6,637,789 |
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. | $112,421 |
Compensation of current officers, directors, key employees. | $16,243 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,519,571 |
Pension plan accruals and contributions | $78,074 |
Other employee benefits | $507,691 |
Payroll taxes | $116,557 |
Fees for services: Management | $454,952 |
Fees for services: Legal | $1,887 |
Fees for services: Accounting | $15,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $238,584 |
Advertising and promotion | $33,857 |
Office expenses | $0 |
Information technology | $25,783 |
Royalties | $0 |
Occupancy | $913,091 |
Travel | $2,262 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,245 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $126,452 |
Insurance | $120,274 |
All other expenses | $145,282 |
Total functional expenses | $6,440,351 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,158,178 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $39,762 |
Accounts receivable, net | $4,179 |
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 | $0 |
Net Land, buildings, and equipment | $483,223 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $573,342 |
Total assets | $2,258,684 |
Accounts payable and accrued expenses | $329,757 |
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 | $37,854 |
Other liabilities | $2,809,066 |
Total liabilities | $3,176,677 |
Net assets without donor restrictions | -$1,327,330 |
Net assets with donor restrictions | $409,337 |
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 | $2,258,684 |
Over the last fiscal year, we have identified 1 grants that Imagine Coolidge Elementary Inc has recieved totaling $150,000.
Awarding Organization | Amount |
---|---|
Imagine Schools Non-Profit Inc Vienna, VA PURPOSE: EXPENSES | $150,000 |
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Siatech Inc Oceanside, CA | $9,582,548 | $15,818,647 |
Grow Public Schools Bakersfield, CA | $14,803,093 | $23,549,288 |
Natomas Charter School Sacramento, CA | $32,806,693 | $20,875,289 |
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
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