Imagine Awards
- Assets
- $78.7k
- Revenue
- $405.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Bohemia, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-1129775
Organization Overview
Imagine Awards is located in Bohemia, NY. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine Awards 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 12/2023, Imagine Awards generated $405.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $417.1k during the year ending 12/2023. While expenses have increased by 12.6% per year over the past 2 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.
Since 2022, Imagine Awards has awarded 23 individual grants totaling $132,805. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE IMAGINE AWARDS, WHICH HOLDS ACADEMY AWARD TYPE EVENTS FOR NONPROFIT ORGANIZATIONS IN BOTH LONG ISLAND (APRIL) AND NEW YORK CITY (OCTOBER), WAS CREATED FOR 3 PURPOSES: TO SHINE A LIGHT ON NONPROFIT ORGANIZATIONS THAT ARE IMPACTFUL, INNOVATIVE, POSSESS STRONG LEADERSHIP, AND UNDERSTAND THE NEED AND IMPORTANCE OF DIVERSITY. THE IMAGINE AWARDS HOLDS TWO EVENTS, LONG ISLAND AND NEW YORK CITY, WHICH BRING NONPROFITS TOGETHER TO RECOGNIZE AND CELEBRATE THE SECTOR, TO PROVIDE AN AVENUE FOR COLLABORATION WITHIN THE SECTOR, BRINGING LEADERSHIP OF NONPROFITS TOGETHER TO FOSTER WAYS THAT THEY CAN WORK TOGETHER, TO PROVIDE INSIGHT AND EDUCATION TO THE SECTOR THROUGH SHARING OF IDEAS AT THE AWARDS PROGRAMS AND THROUGH OTHER TRAINING THROUGH OUR LET'S IMAGINE PROGRAM WHERE THE IMAGINE AWARD WINNERS PROVIDE INSIGHT THROUGH A PANEL DISCUSSION WITH OTHER NONPROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, THE IMAGINE AWARDS HELD EVENTS IN BOTH LONG ISLAND AND NEW YORK CITY WHERE 48 NONPROFITS WERE HIGHLIGHTED AND MORE THAN 600 PEOPLE CAME TOGETHER TO CELEBRATE THE NONPROFIT SECTOR. THE IMAGINE AWARDS PROVIDED GRANTS TO WINNERS, FREE TICKETS TO NONPROFIT ORGANIZATIONS, AND EACH OF THE 40 FINALISTS RECEIVED CUSTOM MADE, PROFESSIONALLY PRODUCED VIDEOS. THE IMAGINE AWARDS HELPS TO VALIDATE AND SHARE THE IMPORTANT WORK THAT NONPROFIT ORGANIZATIONS ARE PERFORMING IN OUR COMMUNITIES. THE IMAGINE AWARDS ARE THE ONLY AWARDS PROGRAM IN THE NEW YORK AREA THAT FOCUSES ON THE NONPROFIT SECTOR, A SECTOR THAT CHANGES LIVES ON A DAILY BASIS. THE IMAGINE AWARDS PROVIDES AN AVENUE TO COLLABORATE AND EXPLORE, IT PROVIDES EXPOSURE AND RECOGNITION TO THE FINALISTS AND THE SECTOR, AND IT PROVIDES A NIGHT WHERE THE LIGHT IS SHINED ON THE SECTOR TO SPOTLIGHT ALL OF THE AMAZING THINGS THAT ARE HAPPENING IN THE NONPROFIT COMMUNITY. IMAGINE AWARDS PARTICIPANTS HAVE DEVELOPED NEW PARTNERSHIPS AND COLLABORATIONS, HAVE MADE CORPORATE CONNECTIONS WHICH HAS RESULTED IN NEW BOARD MEMBERS AND CONTRIBUTIONS, HAVE GAINED STRATEGIC INSIGHT INTO WHAT OTHER ORGANIZATIONS ARE DOING, AND HAVE DEVELOPED NEW FRIENDSHIPS AND RELATIONSHIPS THAT HAVE PROVEN ESSENTIAL TO THE GROWTH AND DEVELOPMENT OF THEIR ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Cerini President | OfficerTrustee | 4 | $0 |
Kimberly Roffi Treasurer | OfficerTrustee | 1 | $0 |
Matt Burke Vice President | OfficerTrustee | 1 | $0 |
Kelli Anne Cerini Secretary | OfficerTrustee | 8 | $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 | $6,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,450 |
| Total Program Service Revenue | $399,200 |
| 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 | $405,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,555 |
| 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 | $0 |
| Fees for services: Accounting | $3,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $417,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,157 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| 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 | $18,000 |
| 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 | $78,657 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $72,000 |
| 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 | $72,000 |
| Net assets without donor restrictions | $6,657 |
| 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 | $78,657 |
Grants Awarded
Over the last fiscal year, Imagine Awards has awarded $79,805 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ACLD PURPOSE: DONATION | $6,250 |
BOOKFAIRIES PURPOSE: DONATION | $7,555 |
CENTER FOR EMPLOYMENT OPPORTUNITIES INC PURPOSE: DONATION | $6,000 |
ECLI-VIBES PURPOSE: DONATION | $6,250 |
EMMA'S TORCH PURPOSE: DONATION | $6,000 |
EXALT YOUTH PURPOSE: DONATION | $6,000 |