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Imagine Schools Non-Profit

Vienna, VA · EIN 20-3590526 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Imagine Schools Non-Profit reported $83.4 million in revenue and $86.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.19 went to program services, $19.81 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 94.0% of the total. Government grants made up 94.0%. The highest compensation it reported for one person was $441,000 (CEO/CFO/PRES). 1 person received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $87M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $83M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
94.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
94.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
6.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$441,000$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.51%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.613.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$70M expenses · 100.0% of program spending · grants $841K

To establish and operate public charter schools that provide education to students. Isnp served approximately 12,832 students in grades k-12 across 22 schools in four states during the year ended june 30, 2025

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO/CFO/PRES
Officer, 13.00 hrs/week
$145,530$295,470$0$441,000
SEC./SR. VIC
Officer, 13.00 hrs/week
$68,475$139,025$0$207,500
EXECUTIVE VP
Officer, 13.00 hrs/week
$63,195$128,305$0$191,500
EXECUTIVE VP
Officer, 13.00 hrs/week
$59,730$121,270$0$181,000
EXECUTIVE VP
Officer, 13.00 hrs/week
$59,400$120,600$0$180,000
EXECUTIVE VP
Officer, 13.00 hrs/week
$59,400$120,600$0$180,000
REGIONAL VP
Officer, 13.00 hrs/week
$58,080$117,920$0$176,000
VP
Director/trustee, officer, 13.00 hrs/week
$57,585$116,915$0$174,500

1 people received more than $100,000 in reportable compensation from Imagine Schools Non-Profit (Part VII, line 2). Compensation of current officers, directors and key employees totaled $618K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$83M$87M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$83M$87M80.2%−$12M$441,000
FY2024 ⓘ$86M$91M80.2%−$8.3M$424,000
FY2023 ⓘ$72M$76M80.7%−$3.7M$408,720
FY2022 (amended) ⓘ$62M$66M80.4%$55,913$393,000
FY2021 ⓘ$59M$61M80.3%$3.6M$393,000
FY2020 ⓘ$57M$61M80.8%$5.8M$390,000

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,605

Correct a figure or respond

Every number above is copied from Imagine Schools Non-Profit's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Imagine Schools Non-Profit, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Imagine Schools Non-Profit's spending goes to programs?

In the fiscal year ending June 30, 2025, Imagine Schools Non-Profit reported that 80.2% of its $86.8 million in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Imagine Schools Non-Profit pay its top executive?

The largest total compensation Imagine Schools Non-Profit reported for one person in the fiscal year ending June 30, 2025 was $441,000, for the role of CEO/CFO/PRES (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Imagine Schools Non-Profit get its money?

Of $83.4 million in revenue in the fiscal year ending June 30, 2025, 94.0% came from contributions and grants (including 94.0% from government grants) and 6.0% from program service revenue (Form 990, Part VIII).

Is Imagine Schools Non-Profit a registered charity?

The IRS lists EIN 20-3590526 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349307272 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349312078 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349310707 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202410309349301201 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349313055 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349303616 · read the filing

All filings for EIN 20-3590526: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.