Imagine Elementary At Camelback Inc
Imagine Elementary At Camelback Inc. maintains stable operations with growing assets and no reported officer compensation, despite a recent minor operational deficit.
EIN: 204931127 · Phoenix, AZ · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $5.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $804K |
| Transparency Score | 85/100 |
Is Imagine Elementary At Camelback Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Imagine Elementary At Camelback Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Imagine Elementary At Camelback Inc
Imagine Elementary At Camelback Inc (EIN: 204931127) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B29. The organization reported total revenue of $4.8M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imagine Elementary At Camelback Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imagine Elementary At Camelback Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-107,714 |
| Total Assets | $4.6M |
| Total Liabilities | $3.8M |
| Net Assets | $804K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 82.5% |
| Months of Reserves | 10.3 months |
Financial Health Grade: C
In 2023, Imagine Elementary At Camelback Inc reported a deficit of $108K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 82.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Imagine Elementary At Camelback Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | +3.6% | +46.7% |
| 2022 | +10.0% | +6.1% | +19.8% |
| 2021 | +4.8% | +3.0% | +25.4% |
| 2020 | +1.4% | -3.6% | +33.3% |
| 2019 | +22.8% | +2.6% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Imagine Elementary At Camelback Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Imagine Elementary At Camelback Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues consistently over $4 million. This suggests either a volunteer leadership model or that compensation is categorized differently, warranting further inquiry for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Imagine Elementary At Camelback Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how leadership is compensated or sustained.
- Expenses slightly exceeded revenue in the most recent filing (202306), indicating a minor operational deficit for that period ($5,360,068 expenses vs. $5,252,354 revenue).
- Increasing liabilities, reaching $3,782,939 in 202306, which could indicate growing debt or financial obligations that need to be understood in context of assets.
Strengths
The following positive indicators were identified for Imagine Elementary At Camelback Inc:
- Consistent financial reporting with 13 IRS 990 filings, demonstrating transparency.
- Steady growth in assets, from $1,818,513 in 201406 to $4,586,461 in 202306, indicating financial stability and growth.
- Generally stable revenue streams, consistently above $4 million for most of the past decade.
- No reported officer compensation across all filings, potentially indicating a highly efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Imagine Elementary At Camelback Inc
Is Imagine Elementary At Camelback Inc a legitimate charity?
Imagine Elementary At Camelback Inc (EIN: 204931127) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.8M. 3 red flags identified. 4 strengths noted. Financial health grade: C.
How does Imagine Elementary At Camelback Inc spend its money?
Imagine Elementary At Camelback Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Imagine Elementary At Camelback Inc tax-deductible?
Imagine Elementary At Camelback Inc is registered as a tax-exempt nonprofit (EIN: 204931127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Imagine Elementary At Camelback Inc CEO make?
Imagine Elementary At Camelback Inc's highest-compensated officer earns $4 annually. The organization reported $4.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Imagine Elementary At Camelback Inc's spending goes to programs?
Imagine Elementary At Camelback Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Imagine Elementary At Camelback Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Imagine Elementary At Camelback Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Imagine Elementary At Camelback Inc located?
Imagine Elementary At Camelback Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 204931127. It is classified under NTEE code B29.
How many years of IRS 990 filings does Imagine Elementary At Camelback Inc have?
Imagine Elementary At Camelback Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.8M in total revenue.
How does Imagine Elementary At Camelback Inc. manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or that compensation is paid through a related entity or categorized under other expenses, which would require reviewing the full 990 forms for clarification.
What is the nature of the increasing liabilities, which reached $3,782,939 in 202306?
The liabilities have steadily increased over the years. Understanding if these are program-related, operational debts, or capital project financing is crucial for assessing long-term financial risk. This information would typically be detailed in the organization's financial statements or the full IRS Form 990.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data indicates overall expenses, a detailed breakdown is necessary to fully assess spending efficiency. The estimated breakdown suggests a strong program focus, but actual figures from the 990 would provide definitive clarity.
Filing History
IRS 990 filing history for Imagine Elementary At Camelback Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Imagine Elementary At Camelback Inc's revenue has grown by 5.4%, moving from $5.0M to $5.3M. Total assets increased by 386.9% over the same period, from $942K to $4.6M. Total functional expenses rose by 14.4%, from $4.7M to $5.4M. In its most recent filing year (2023), Imagine Elementary At Camelback Inc reported a deficit of $108K, with expenses exceeding revenue. The organization holds $3.8M in liabilities against $4.6M in assets (debt-to-asset ratio: 82.5%), resulting in net assets of $804K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.4M | $4.6M | $3.8M | — | View 990 |
| 2022 | $5.5M | $5.2M | $3.1M | $2.2M | — | View 990 |
| 2021 | $5.0M | $4.9M | $2.6M | $2.1M | — | View 990 |
| 2020 | $4.8M | $4.7M | $2.1M | $1.7M | — | View 990 |
| 2019 | $4.7M | $4.9M | $1.6M | $1.2M | — | View 990 |
| 2018 | $3.9M | $4.8M | $1.8M | $1.3M | — | View 990 |
| 2017 | $3.5M | $4.2M | $1.3M | $806K | — | — |
| 2016 | $4.1M | $4.2M | $1.6M | $380K | — | View 990 |
| 2015 | $4.7M | $4.5M | $1.7M | $412K | — | View 990 |
| 2014 | $5.0M | $4.5M | $1.8M | $706K | — | View 990 |
| 2013 | $4.9M | $4.6M | $1.6M | $996K | — | View 990 |
| 2012 | $4.5M | $4.5M | $1.1M | $834K | — | View 990 |
| 2011 | $5.0M | $4.7M | $942K | $640K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.4M, and assets of $4.6M (revenue -5.1% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.2M, and assets of $3.1M (revenue +10.0% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.9M, and assets of $2.6M (revenue +4.8% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.7M, and assets of $2.1M (revenue +1.4% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.9M, and assets of $1.6M (revenue +22.8% year-over-year).
- 2018: Revenue of $3.9M, expenses of $4.8M, and assets of $1.8M (revenue +10.1% year-over-year).
- 2017: Revenue of $3.5M, expenses of $4.2M, and assets of $1.3M (revenue -15.2% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.2M, and assets of $1.6M (revenue -12.0% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.5M, and assets of $1.7M (revenue -6.9% year-over-year).
- 2014: Revenue of $5.0M, expenses of $4.5M, and assets of $1.8M (revenue +2.2% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.6M, and assets of $1.6M (revenue +9.7% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.5M, and assets of $1.1M (revenue -9.7% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.7M, and assets of $942K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imagine Elementary At Camelback Inc:
Data Sources and Methodology
This transparency report for Imagine Elementary At Camelback Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.