Imagine Institute is located in Tukwila, WA. The organization was established in 2016. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Imagine Institute employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine Institute 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 Institute generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 48.1% each year . All expenses for the organization totaled $6.3m during the year ending 06/2021. While expenses have increased by 48.7% per year over the past 5 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
THE IMAGINE INSTITUTE IS A GRASSROOTS PROFESSIONAL DEVELOPMENT ORGANIZATION FOR EARLY CARE AND EDUCATION PROFESSIONALS. THE ORGANIZATION OFFERS GROUNDBREAKING PROGRAMS THAT PROVIDE SUPPORT TO CHILD CARE CENTER WORKERS, LICENSED FAMILY CHILD CARE PROVIDERS, AND FAMILY, FRIEND, AND NEIGHBOR CAREGIVERS. ALL THE PROGRAMS ARE BUILT ON THE CORE TENANTS OF RELATIONSHIP-BASED PROFESSIONAL DEVELOPMENT AND THE BELIEF THAT EDUCATION PROFESSIONALS LEARN BEST FROM THEIR PEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMAGINE U:IMAGINE U IS A RELATIONSHIP-BASED MENTORSHIP PROGRAM DESIGNED TO INCREASE THE NUMBER OF LICENSED FAMILY CHILD CARE PROVIDERS WHO CAN CARE FOR CHILDREN IN WASHINGTON STATE. IMAGINE U PAIRS EXPERIENCED AND TALENTED LICENSED CHILD CARE PROVIDERS WITH THOSE INTERESTED IN BECOMING LICENSED, AND OFFERS BOTH THE MENTOR AND INTERN SUPPORT TO HELP THEM GROW PROFESSIONALLY. AS INTERNS PROGRESS THROUGH THE PROGRAM, THEY COMPLETE ASSIGNMENTS SUCH AS COST BENEFIT ANALYSES, BUDGETS, PROGRAM POLICIES AND PRACTICE LICENSING VISITS WHILE ALSO WORKING 20 HOURS PER MONTH IN THEIR MENTOR'S CHILD CARE FACILITIES. AT THE CONCLUSION OF THE PROGRAM, SUCCESSFUL PARTICIPANTS RECEIVE A BONUS TO INVEST IN THEIR CHILD CARE BUSINESSES. IMAGINE U'S PEER-TO-PEER MODEL HONORS THE KNOWLEDGE AND SKILL THAT EXISTS IN THE FIELD AND HELPS ENSURE THAT NEW PROVIDERS CAN BENEFIT FROM THEIR MENTOR'S EXPERTISE.
TRAINING AND INCENTIVES:THE IMAGINE INSTITUTE PROVIDES FREE TRAINING TO LICENSED FAMILY CHILD CARE PROVIDERS AND FAMILY, FRIEND AND NEIGHBOR PROVIDERS WHO SERVE LOW-INCOME CHILDREN THROUGHOUT WASHINGTON STATE. OUR TRAINING IS DEVELOPED IN CONJUNCTION WITH EARLY CHILDHOOD EDUCATORS TO ENSURE IT IS MEANINGFUL AND RESPONSIVE TO THE FIELD. THE IMAGINE INSTITUTE CREATED AN INNOVATIVE PROGRAM TO DEVELOP LICENSED FAMILY CHILD CARE PROVIDERS AS STATE-APPROVED TRAINERS REPRESENTING SOME OF THE FIRST LICENSED FAMILY CHILD CARE PROVIDERS DELIVERING STARS TRAINING (CONTINUING EDUCATION) TO THEIR PEERS IN THIS STATE. OUR TRAINERS REPRESENT THEIR COMMUNITIES SPEAKING ENGLISH, SPANISH, ARABIC AND SOMALI. IMPORTANTLY, THESE TRAINERS HAVE A DEEP UNDERSTANDING OF LIFE AS A CHILD CARE PROVIDER, WHICH ALLOWS THEM TO EFFECTIVELY EDUCATE AND MENTOR THEIR PEERS. A MAJORITY OF OUR ACTIVE TRAINERS ARE WOMEN OF COLOR, SPEAK A LANGUAGE OTHER THAN ENGLISH, AND APPROXIMATELY 60% OF OUR ACTIVE TRAINERS IN CENTRAL AND EASTERN WASHINGTON ARE MONOLINGUAL SPANISH-SPEAKERS.
WASHINGTON STATE EARLY CARE AND EDUCATION SUBSTITUTE POOLSINCE ITS INCEPTION, THE WA STATE ECE SUBSTITUTE POOL HAS DISTRIBUTED MILLIONS OF DOLLARS IN SUBSTITUTE RELIEF FUNDING TO HUNDREDS OF LICENSED FAMILY CHILD CARES AND CHILD CARE CENTERS THROUGHOUT WASHINGTON STATE. AS PART OF ADMINISTERING THE SUBSTITUTE POOL, THE IMAGINE INSTITUTE PROVIDES TRAINING AND ORIENTATION TO COMMUNITY MEMBERS SO THAT THEY CAN BECOME APPROVED TO WORK AS A SUBSTITUTE, INCREASING THE NUMBER OF ECE WORKERS IN WASHINGTON STATE. THE IMAGINE INSTITUTE ALSO PROVIDES TECHNICAL ASSISTANCE TO BOTH SUBSTITUTES AND PROVIDERS TO ASSIST THEM IN EFFECTIVELY PARTICIPATING IN THE PROGRAM.
ALL OTHER PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cate Bridenstine Executive Director | Officer | 40 | $124,975 |
Karen Hart Board Member/president | OfficerTrustee | 1 | $0 |
Gary Burris Board Member/secretary | OfficerTrustee | 1 | $0 |
Nicole Grant Board Member/vice President | OfficerTrustee | 1 | $0 |
Glenn Davis Board Member/treasurer | OfficerTrustee | 1 | $0 |
Fartun Bakari Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jennifer Ramirez Marketing, Communications & Development | 6/29/21 | $148,000 |
Accounting Solution Partners Accounting | 6/29/21 | $104,579 |
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 | $250,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $250,000 |
Total Program Service Revenue | $6,662,987 |
Investment income | $0 |
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 | $6,912,987 |
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 | $894,283 |
Pension plan accruals and contributions | $63,265 |
Other employee benefits | $138,093 |
Payroll taxes | $79,730 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $137,329 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,253,436 |
Advertising and promotion | $4,282 |
Office expenses | $54,481 |
Information technology | $73,559 |
Royalties | $0 |
Occupancy | $127,333 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $187 |
Interest | $44 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,534 |
Insurance | $7,258 |
All other expenses | $156 |
Total functional expenses | $6,290,151 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,765,098 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,084,974 |
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 | $101,167 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,193 |
Total assets | $3,962,432 |
Accounts payable and accrued expenses | $1,241,132 |
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 | $0 |
Total liabilities | $1,241,132 |
Net assets without donor restrictions | $2,721,300 |
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 | $3,962,432 |
Over the last fiscal year, we have identified 1 grants that Imagine Institute has recieved totaling $250,000.
Awarding Organization | Amount |
---|---|
The Seattle Foundation Seattle, WA PURPOSE: LICENSED FAMILY CHILD CARE HOMES IN EASTERN WASHINGTON | $250,000 |
Organization Name | Assets | Revenue |
---|---|---|
Community Youth Services Olympia, WA | $10,345,989 | $14,281,765 |
Janus Youth Programs Inc Portland, OR | $8,331,931 | $14,934,376 |
Looking Glass Community Services Eugene, OR | $12,244,793 | $15,672,090 |
Enterprise For Progress In The Community Yakima, WA | $3,604,189 | $12,673,117 |
Covenant House Alaska Anchorage, AK | $23,544,078 | $11,947,734 |
Ryther Seattle, WA | $21,851,804 | $11,079,938 |
Boys & Girls Aid Society Of Oregon Portland, OR | $11,888,390 | $9,534,792 |
Imagine Institute Tukwila, WA | $3,962,432 | $6,912,987 |
Childrens Home Society And Trust Foundation Seattle, WA | $22,292,785 | $5,268,781 |
Liberty House Salem, OR | $5,276,836 | $5,097,318 |
Northwest Youth Service Bellingham, WA | $3,777,382 | $4,718,632 |
Northwest Resource Associates Seattle, WA | $1,254,768 | $4,071,854 |