School Of Imagination Inc
School Of Imagination Inc shows strong asset growth and no reported officer compensation over a decade.
EIN: 208683005 · Dublin, CA · NTEE: B210 · Updated: 2026-03-28
Is School Of Imagination Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Of Imagination Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Of Imagination Inc
School Of Imagination Inc (EIN: 208683005) is a nonprofit organization based in Dublin, CA, classified under NTEE code B210. The organization reported total revenue of $4.5M and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of Imagination Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of Imagination Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$203K |
| Total Assets | $11.0M |
| Total Liabilities | $2.4M |
| Net Assets | $8.6M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 31.0 months |
Financial Health Grade: A
In 2023, School Of Imagination Inc reported a surplus of $203K with revenue exceeding expenses, holds 31.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), School Of Imagination Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +13.9% | +540.0% |
| 2022 | -1.0% | +12.7% | +6.0% |
| 2021 | +44.6% | +35.9% | +51.1% |
| 2020 | -10.9% | -11.1% | +44.3% |
| 2019 | +7.6% | +1.1% | +35.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 School Of Imagination Inc with a Mission Score of 90 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, School Of Imagination 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 surplus of $203K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, especially for an organization with revenues exceeding $4 million.
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.
Strengths
The following positive indicators were identified for School Of Imagination Inc:
- Consistent revenue growth from $2,042,657 in 2015 to $4,468,972 in 2023.
- Significant asset growth, reaching $11,025,772 in 2023.
- 0% reported officer compensation across all 13 filings, indicating strong mission focus and transparency.
- Positive net assets and consistent financial health over the past decade.
- Regular and consistent IRS 990 filing history (13 filings).
Frequently Asked Questions about School Of Imagination Inc
Is School Of Imagination Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Of Imagination Inc (EIN: 208683005) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does School Of Imagination Inc spend its money?
School Of Imagination Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School Of Imagination Inc tax-deductible?
School Of Imagination Inc is registered as a tax-exempt nonprofit (EIN: 208683005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is School Of Imagination Inc financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $2,042,657 in 2015 to $4,468,972 in 2023, and significant asset growth to $11,025,772 in 2023.
How transparent is School Of Imagination Inc regarding executive pay?
The organization is highly transparent regarding executive pay, reporting 0% officer compensation across all 13 available filings, which is an excellent indicator of mission focus.
Has the organization been growing?
Yes, School Of Imagination Inc has shown consistent growth in both revenue and assets over the past decade, with revenue more than doubling and assets increasing dramatically.
What is the trend in the organization's net assets?
Net assets have shown a strong upward trend, particularly between 2022 and 2023, where assets increased from $1,722,847 to $11,025,772, indicating significant financial strengthening.
Filing History
IRS 990 filing history for School Of Imagination Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School Of Imagination Inc's revenue has grown by 182%, moving from $1.6M to $4.5M. Total assets increased by 2406.5% over the same period, from $440K to $11.0M. Total functional expenses rose by 194.3%, from $1.4M to $4.3M. In its most recent filing year (2023), School Of Imagination Inc reported a surplus of $203K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $11.0M in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.3M | $11.0M | $2.4M | — | — |
| 2022 | $3.8M | $3.7M | $1.7M | $420K | — | View 990 |
| 2021 | $3.8M | $3.3M | $1.6M | $355K | — | View 990 |
| 2020 | $2.6M | $2.4M | $1.1M | $297K | — | — |
| 2019 | $3.0M | $2.8M | $745K | $158K | — | View 990 |
| 2018 | $2.8M | $2.7M | $549K | $174K | — | View 990 |
| 2017 | $2.8M | $2.6M | $505K | $163K | — | View 990 |
| 2016 | $2.3M | $2.2M | $447K | $251K | — | View 990 |
| 2015 | $2.0M | $2.1M | $300K | $204K | — | View 990 |
| 2014 | $2.2M | $2.2M | $257K | $0 | — | View 990 |
| 2013 | $2.0M | $1.9M | $278K | $0 | — | View 990 |
| 2012 | $1.8M | $1.7M | $463K | $0 | — | View 990 |
| 2011 | $1.6M | $1.4M | $440K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.3M, and assets of $11.0M (revenue +18.3% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.7M, and assets of $1.7M (revenue -1.0% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.3M, and assets of $1.6M (revenue +44.6% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.4M, and assets of $1.1M (revenue -10.9% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.8M, and assets of $745K (revenue +7.6% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.7M, and assets of $549K (revenue -0.9% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $505K (revenue +18.4% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $447K (revenue +14.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $300K (revenue -5.0% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $257K (revenue +7.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $278K (revenue +12.9% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $463K (revenue +11.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.4M, and assets of $440K.
Data Sources and Methodology
This transparency report for School Of Imagination 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.