School of Imagination Inc

EIN: 208683005 501(c)(3) Education

Dublin, CA

Total Revenue
$4,468,972
Total Expenses
$4,265,686
Total Assets
$11,025,772
Net Assets
$8,609,351
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Charlene Sigman
Phone
9288299555
Tax Period
2023-01-01 to 2023-12-31

School of Imagination Inc, founded in 2007, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.3M left a modest 5% surplus.

Mission

The School of Imagination continues to lead the way in inclusive early childhood education and multidisciplinary intervention programs for neurodiverse learners. Our mission remains steadfast: to bring out the extraordinary in every child. In 2023, we expanded our efforts in key areas, focusing on operational restructuring, program development, and ensuring sustainability to meet the growing needs of children and families.As the region's exclusive center based on the Early State Denver Model (ESDM), recognized as a "Top 10 Medical Breakthrough" by Time magazine for autism treatment, the School of Imagination's impact has grown significantly. We now serve nearly 700 children annually, not only from the Bay Area but also from regions beyond.

Program Service Accomplishments

Program 1
Expenses: $1,833,309 Revenue: $2,038,137

The School of Imagination's educational programs continued to thrive in 2023. We introduced innovative curriculum updates and provided our educators with advanced tools and methodologies to deliver...

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The School of Imagination's educational programs continued to thrive in 2023. We introduced innovative curriculum updates and provided our educators with advanced tools and methodologies to deliver exceptional educational opportunities tailored to the individual learning styles of our students.Our preschool maintains its inclusive philosophy, with one-third of each class reserved for children with special needs or developmental delays. We take pride in our small class sizes, low teacher-to-student ratios, and highly trained educators. These elements create an optimal learning environment for all children aged 18 months to 5 years as they prepare for both academic success and life.In 2023, we continued our focus on teacher professional development with specialized training, ensuring that our educators are well-prepared to meet the unique needs of each child. These initiatives are aligned with our commitment to providing high-quality, inclusive education that adheres to the National Association for the Education of Young Children (NAEYC) guidelines.

Program 2
Expenses: $1,975,176 Revenue: $2,090,939

In 2023, Happy Talkers, our clinical services branch, saw continued growth and success. Our team of dedicated therapists expanded further to meet the increasing demand for services such as speech...

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In 2023, Happy Talkers, our clinical services branch, saw continued growth and success. Our team of dedicated therapists expanded further to meet the increasing demand for services such as speech therapy, occupational therapy, and behavioral therapy. As part of our commitment to holistic care, we have streamlined access to services through insurance contracting and broadened our support to more families in need.This year, behavioral therapy services became even more integrated into our offerings, providing a comprehensive approach to supporting children with autism and developmental delays. Our holistic care strategy ensures that every child's developmental, social, and behavioral needs are met.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $313,259
Program Service Revenue $4,129,076
Investment Income $26,637
Other Revenue $0
TOTAL REVENUE $4,468,972

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,724,367
Fundraising Expenses $168,439
Program Expenses $3,808,485
Other Expenses $541,319
TOTAL EXPENSES $4,265,686

Year-over-Year Comparison

2023 2022 Change
Revenue $4,468,972 $3,777,299 +0.2%
Expenses $4,265,686 $3,744,456 +0.1%
Net Income $203,286 $32,843 +5.2%
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
10
Independent Members
10
Employees
76
Volunteers
12

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
5
$331,659
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Ishii Secretary 2.00
Officer Director
$0 $0 $0
Don Routh Board Member 2.00
Director
$0 $0 $0
Kelly Knabe Board Member 2.00
Director
$0 $0 $0
Kenneth Clift Board Member 2.00
Director
$0 $0 $0
Jeffery Tortorici President 2.00
Officer Director
$0 $0 $0
Sumit Sen Board Member 2.00
Director
$0 $0 $0
Jasvinder Randhawa Board Member 2.00
Director
$0 $0 $0
David Eisenhauer Vice President 2.00
Officer Director
$0 $0 $0
Joe Carlucci Board Member 2.00
Director
$0 $0 $0
Ari Abramson Board Member 2.00
Director
$0 $0 $0
Charlene Sigman Executive Director 40.00
Officer
$139,771 $37,646 $177,417
Mitch Sigman Director 40.00
Officer
$154,242 $0 $154,242
Aye Thin Director of Revenue Cycle 40.00
Highest
$109,598 $516 $110,114
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
2024 No data No data No data No data
2023 $4,468,972 $4,265,686 $11,025,772 $203,286
2022 $3,777,299 $3,744,456 $1,722,847 $32,843
2021 $3,814,285 $3,323,193 $1,625,709 $491,092
2020 $2,638,455 $2,446,135 $1,075,958 $192,320
2019 $2,962,756 $2,751,071 $745,382 $211,685
2018 $2,754,366 $2,721,012 $549,187 $33,354
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