IMAGINE SCHOOLS INC

EIN: 043466383 501(c)(3) Education

VIENNA, VA

Total Revenue
$40,159,383
Total Expenses
$40,693,362
Total Assets
$126,653,506
Net Assets
$120,145,249
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
JASON BRYANT
Phone
7035272600
Tax Period
2023-07-01 to 2024-06-30

IMAGINE SCHOOLS INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $31.1M in total revenue in fiscal year 2017. The organization ran a surplus of $5.1M, a strong 17% operating margin.

Mission

IMAGINE SCHOOLS INC.'S VISION IS FOR EVERY CHILD TO REACH HIS OR HER FULL POTENTIAL AND DISCOVER PATHWAYS FOR LIFE-LONG SUCCESS. AS A NATIONAL FAMILY OF PUBLIC CHARTER SCHOOL CAMPUSES, IMAGINE SCHOOLS INC.'S MISSION IS TO PARTNER WITH PARENTS AND GUARDIANS IN THE EDUCATION OF THEIR CHILDREN BY PROVIDING HIGH QUALITY SCHOOLS THAT PREPARE STUDENTS FOR LIVES OF LEADERSHIP, ACCOMPLISHMENT, AND EXEMPLARY CHARACTER. IMAGINE SCHOOLS INC. PURSUES ITS MISSION UTILIZING THE FOLLOWING OBJECTIVES: CREATE CHOICE FOR PARENTS AND STUDENTS WITHIN THE PUBLIC SCHOOL SYSTEM EMPHASIZE ACADEMIC EXCELLENCE AND CHARACTER DEVELOPMENT AS THE ESSENTIAL ELEMENTS OF LIFE-LONG SUCCESS ENCOURAGE INNOVATIVE TEACHING PRACTICES THAT INDIVIDUALIZE LEARNING ACCORDING TO THE NEEDS OF EACH STUDENT PROVIDE A SYSTEM OF ACCOUNTABILITY FOR RESULTS IN PUBLIC EDUCATION (I.E. IMAGINE SCHOOLS MEASURES OF EXCELLENCE) SUPPORT PRINCIPALS, TEACHERS, AND SCHOOL STAFF AS THE FRONT-LINE LEADERS AND DECISION-MAKERS, WHO BEST KNOW THE NEE

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $40,159,383
Investment Income $0
Other Revenue $0
TOTAL REVENUE $40,159,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,464,555
Fundraising Expenses $0
Program Expenses $30,760,290
Other Expenses $28,228,807
TOTAL EXPENSES $40,693,362

Year-over-Year Comparison

2023 2022 Change
Revenue $40,159,383 $32,369,159 +0.2%
Expenses $40,693,362 $17,502,045 +1.3%
Net Income $-533,979 $14,867,114 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
2125
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$2,243,000
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES MCFADDEN VP & TREASUR 27.00
Officer
$112,225 $0 $167,500
JASON BRYANT CEO AND PRES 40.00
Officer
$275,000 $0 $275,000
BARRY SHARP CFO 27.00
Officer
$284,079 $0 $424,000
DIANE THORNE EXECUTIVE VP 27.00
Officer
$116,580 $0 $174,000
AMY BUTTKE EXECUTIVE VP 40.00
Officer
$167,500 $0 $167,500
MONTE LANGE EXECUTIVE VP 27.00
Officer
$115,910 $0 $173,000
ROD SASSE EXECUTIVE VP 27.00
Officer
$123,280 $0 $184,000
SHAWN TOLER EXECUTIVE VP 27.00
Officer
$113,230 $0 $169,000
BRAD UCHACZ EXECUTIVE VP 27.00
Officer
$115,910 $0 $173,000
ISABEL BERIO SR VP & SECR 27.00
Officer
$133,665 $0 $199,500
MARISA PREUSS CHIEF COMMUN 27.00
Officer
$91,455 $0 $136,500
EILEEN BAKKE DIRECTOR 1.00
Director
$0 $0 $0
NANCY G HALL DIRECTOR 1.00
Director
$0 $0 $0
JOHN RUGGIRELLO CHAIR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $40,159,383 $40,693,362 $126,653,506 $-533,979
2023 $32,369,159 $17,502,045 $123,985,114 $14,867,114
2022 $28,614,139 $15,579,264 $110,647,930 $13,034,875
2022 $31,881,932 $16,726,432 $112,554,052 $15,155,500
2021 $30,928,125 $19,012,753 $97,630,256 $11,915,372
2020 $32,880,818 $15,441,294 $84,878,948 $17,439,524
2019 $31,925,377 $22,564,966 $69,190,987 $9,360,411
2018 $31,084,438 $25,954,599 $59,675,547 $5,129,839
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