School of Imagination Inc (EIN 208683005) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

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

Bring out the extraordinary in every child.

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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%)

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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$331,659

Total Directors

Key Employees

Highest Compensated

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

School of Imagination Inc