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Imagine Schools Riverside County

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (B29) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$28.9M (2023)

Expenses
$23.1M (2023)

Total Assets
$33.4M (2023)

Total Liabilities
$26.6M (2023)

Years with missing data
Source: Form 990 tax filings from 2014 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,940,638
Expenses
$23,098,324
Net Income
$5,842,314
Net Assets
$6,843,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,940,628
100.0%
Program Services $0
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $320,000
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $7,937,902
34.4%
Assets/Debt
Total Assets $33,405,333
Total Liabilities $26,561,515
Net Assets $6,843,818
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mike Etheridge (Chair) $0 $0 $0
Marisa Aceves (Member) $0 $0 $0
Patrick Sinclair (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,704,500
Expenses
$12,212,949
Net Income
$1,491,551
Net Assets
$2,100,378
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,698,881
100.0%
Program Services $0
Investment Income $5,619
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,332,403
35.5%
Assets/Debt
Total Assets $8,417,528
Total Liabilities $6,317,150
Net Assets $2,100,378
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mike Etheredge (Chair) $0 $0 $0
Priscilla Waggoner (Member) $0 $0 $0
Sue Fisher (Member) $0 $0 $0
Patrick Sinclair (Member) $0 $0 $0
Marisa Aceves (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,790,832
Expenses
$11,764,039
Net Income
$26,793
Net Assets
$608,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,770,598
99.8%
Program Services $0
Investment Income $13,248
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,986
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $185,475
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,215,331
35.8%
Assets/Debt
Total Assets $4,685,411
Total Liabilities $4,076,584
Net Assets $608,827
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Grace Jiminez (Principal Starting August 2019) $137,634 $0 $42,812
Luisa Fuller (Principal Through August 2019) $81,507 $0 $13,937
Mike Etheridge (Chair) $0 $0 $0
Priscilla Waggoner (Member) $0 $0 $0
Sue Fisher (Member) $0 $0 $0
Patrick Sinclair (Member) $0 $0 $0
Marisa Aceves (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,159,786
Expenses
$7,929,906
Net Income
$229,880
Net Assets
$582,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,060,114
98.8%
Program Services $0
Investment Income $14,700
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $84,972
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $138,201
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,741,870
34.6%
Assets/Debt
Total Assets $2,167,010
Total Liabilities $1,584,976
Net Assets $582,034
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Luisa Fuller (Principal) $117,931 $0 $18,173
Priscilla Waggoner (Chair) $0 $0 $0
Sue Fisher (Member) $0 $0 $0
Deirdre Morgan (Member) $0 $0 $0
Mike Etheridge (Member) $0 $0 $0
Marisa Aceves (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,863,173
Expenses
$5,851,129
Net Income
$12,044
Net Assets
$352,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,735,817
97.8%
Program Services $0
Investment Income $5,449
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $121,907
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $144,802
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,992,801
34.1%
Assets/Debt
Total Assets $1,227,210
Total Liabilities $875,056
Net Assets $352,154
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Luisa Fuller (Principal) $109,827 $0 $26,906
Pricilla Waggoner (Chair) $0 $0 $0
Mike Etheridge (Member) $0 $0 $0
Deirdre Morgan (Member) $0 $0 $0
Sue Fisher (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,059,153
Expenses
$4,196,222
Net Income
-$137,069
Net Assets
$340,110
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,949,402
97.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $109,751
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,484,653
35.4%
Assets/Debt
Total Assets $698,463
Total Liabilities $358,353
Net Assets $340,110
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Pricilla Waggoner (Chair) $0 $0 $0
Mike Etheridge (Member) $0 $0 $0
Deirdre Morgan (Member) $0 $0 $0
Sue Fisher (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,382,265
Expenses
$3,063,987
Net Income
$318,278
Net Assets
$477,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,094,631
91.5%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $287,634
8.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,067,094
34.8%
Assets/Debt
Total Assets $862,125
Total Liabilities $384,946
Net Assets $477,179
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Pricilla Waggoner (Chair) $0 $0 $0
Teresa Marquez Lopez (Treasurer/Se) $0 $0 $0
Deirdre Morgan (Member) $0 $0 $0
Sue Fisher (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,219,363
Expenses
$2,219,363
Net Income
$0
Net Assets
$158,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,189,729
98.7%
Program Services $0
Investment Income $405
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,229
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $717,604
32.3%
Assets/Debt
Total Assets $278,471
Total Liabilities $119,570
Net Assets $158,901
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Pricilla Waggoner (Chair) $0 $0 $0
Teresa Marquez Lopez (Treasurer/Se) $0 $0 $0
Deirdre Morgan (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,793,302
Expenses
$1,634,401
Net Income
$158,901
Net Assets
$158,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,782,494
99.4%
Program Services $0
Investment Income $399
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,409
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $372,066
22.8%
Assets/Debt
Total Assets $583,957
Total Liabilities $425,056
Net Assets $158,901
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Pracilla Waggoner (Chair) $0 $0 $0
Teresa Marquez Lopez (Treasurer/Se) $0 $0 $0
Deidre Morgan (Member) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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