Imagine Avondale Elementary INC

Tax-deductible

Avondale, AZ501(c)(3)Since 2010EducationEIN 45-2528346Revenue $5.3M in FY2024

On file with the IRSimagineavondale.org950 N Eliseo C Felix JR Way, 85323-0000 · Avondale, AZTax-exempt since Mar 2014School — 170(b)(1)(A)(ii)

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To operate a not for profit charter school and conduct educational research, evaluation, and development activities.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $167K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 1% of spending
Top officer’s pay lower than 90% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7.2M
100% of total assets
Concern: liabilities are 100% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
-13% vs prior year
Spent
$5.2M
To programs
81%
Net assets
$3K
By yearFY2020–FY2024
Revenue
$5.3M
FY2024▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.6M
FY2021$5.6M
FY2022$5.8M
FY2023$5.9M
FY2024$6.0M
FY2024$5.3M
Expenses
$5.2M
FY2024▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.6M
FY2021$5.4M
FY2022$5.6M
FY2023$5.6M
FY2024$6.0M
FY2024$5.2M
Net assets
$3K
FY2024▲ +125%
Tap a bar for its year
Net assets by fiscal year
FY2020−$793K
FY2021−$587K
FY2022−$331K
FY2023−$17K
FY2024−$12K
FY2024$3K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $4.3M Management & general 19% · $977K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
$60,130Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Christina Gonzalez’s $60K as Principal is at the 10th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Shane Boettcher———$39,869$71,171$67,224
Christina Gonzalez$60,130$58,426————
Javier Bravo—$49,745$30,277———
Brenda Zeisse——$20,290$32,884——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates a charter school and conducts educational research and development.

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Provided by the organization

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1 program · $4.3M · in their own filed words · FY2024
01

Operation of a charter school for students in kindergarten through 5TH grade.

$4.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$13K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Fees for servicesLn 2g$3.2M
Gifts and grantsLn 1h$1.6M
Other incomeLn 4–11$462K
Money outPt IX
$5.2M
Ln 25
Programscol B$4.3M
Managementcol C$977K
Owns and owesPt X
$3K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$7.2M
LiabilitiesLn 26$7.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$987K
Fees for servicesLn 2g$3.2M
Other incomeLn 4–11$462K
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$236K
Other assetsLn 15$5.7M
Total assetsLn 16$7.2M
LiabilitiesLn 26$7.2M
Net assetsLn 32$3K
OperationsPt I, VI
EmployeesI 543
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.4M$1.1M
Land, buildings, equipmentLn 10c$113K$236K
Total assetsLn 16$8.9M$7.2M
LiabilitiesLn 26$8.9M$7.2M
Net assetsLn 32−$12K$3K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K$66K$10K
Other salaries and wagesLn 7$1.8M$1.6M$235K
Pension plan contributionsLn 8$33K$23K$10K
Other employee benefitsLn 9$312K$219K$93K
Payroll taxesLn 10$115K$81K$34K
Management feesLn 11a$342K$342K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$31K$31K
Other fees for servicesLn 11g$254K$206K$47K
Advertising and promotionLn 12$51K$51K
Office expensesLn 13$15K$15K
Information technologyLn 14$16K$16K
OccupancyLn 16$1.2M$1.2M
InterestLn 20$21K$21K
Depreciation, depletion and amortizationLn 22$58K$58K
InsuranceLn 23$77K$77K
Other expenses (24a–d)Ln 24$677K$663K$14K
All other expensesLn 24e$113K$57K$56K
Total functional expensesLn 25$5.2M$4.3M$977K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $6.0M$6.0M$66K−$12K 990 PDF
FY2023 $5.9M$5.6M$314K−$17K 990 PDF
FY2022 $5.8M$5.6M$256K−$331K 990 PDF
FY2021 $5.6M$5.4M$207K−$587K 990 PDF
FY2020 $5.6M$5.6M−$4K−$793K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $5,250,056 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,597,340$1,581,794
I-9 Program service revenuePrior year $3,957,503$3,206,009
I-10 Investment income$0
I-11 Other revenuePrior year $494,263$462,253
I-12 Total revenuePrior year $6,049,106$5,250,056
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,901,380$2,379,477
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,082,093$2,856,125
I-18 Total expensesPrior year $5,983,473$5,235,602
I-19 Revenue less expensesPrior year $65,633$14,454
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $5,250,056 across 7 lines filed
VIII-1d Related organizations$595,000
VIII-1e Government grants$986,794
VIII-1h Total contributions, gifts and grants$1,581,794
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,206,009$3,206,009
VIII-6 Net rental income or lossRelated to mission $420,132$420,132
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $42,121$42,121
VIII-12 Total revenueRelated to mission $3,668,262$5,250,056
Part IX · Statement of functional expenses $5,235,602 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $65,940 · Management $9,649$75,589
IX-7 Other salaries and wagesPrograms $1,608,948 · Management $235,433$1,844,381
IX-8 Pension plan contributionsPrograms $22,916 · Management $9,726$32,642
IX-9 Other employee benefitsPrograms $218,923 · Management $92,922$311,845
IX-10 Payroll taxesPrograms $80,747 · Management $34,273$115,020
IX-11a Management feesManagement $341,777$341,777
IX-11b Legal feesManagement $2,191$2,191
IX-11c Accounting feesManagement $30,600$30,600
IX-11g Other fees for servicesPrograms $206,470 · Management $47,204$253,674
IX-12 Advertising and promotionManagement $51,002$51,002
IX-13 Office expensesManagement $14,798$14,798
IX-14 Information technologyManagement $16,316$16,316
IX-16 OccupancyPrograms $1,199,980$1,199,980
IX-20 InterestManagement $20,546$20,546
IX-22 Depreciation, depletion and amortizationPrograms $57,701$57,701
IX-23 InsurancePrograms $77,235$77,235
IX-24 Other expenses (24a–d)Programs $662,625 · Management $14,405$677,030
IX-24e All other expensesPrograms $57,200 · Management $56,075$113,275
IX-25 Total functional expensesPrograms $4,258,685 · Management $976,917 · Fundraising $0$5,235,602
Part X · Balance sheet $7,220,614 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,372,957$1,067,408
X-3 Pledges and grants receivableStart of year $952,314$174,441
X-4 Accounts receivable$5,732
X-9 Prepaid expenses and deferred charges$10,231
X-10c Land, buildings and equipment, netStart of year $113,420$235,989
X-15 Other assetsStart of year $6,460,877$5,726,813
X-16 Total assetsStart of year $8,899,568$7,220,614
X-17 Accounts payable and accrued expensesStart of year $611,080$314,900
X-24 Unsecured notes and loans payableStart of year $211,672$211,672
X-25 Other liabilitiesStart of year $8,037,351$6,691,184
X-26 Total liabilitiesStart of year $8,911,164$7,217,756
X-27 Net assets without donor restrictionsStart of year −$321,792−$364,855
X-28 Net assets with donor restrictionsStart of year $310,196$367,713
X-32 Total net assets or fund balancesStart of year −$11,596$2,858
X-33 Total liabilities and net assetsStart of year $8,899,568$7,220,614
Part XI · Reconciliation of net assets $2,858 net assets at year end
XI-1 Total revenue$5,250,056
XI-2 Total expenses$5,235,602
XI-3 Revenue less expenses$14,454
XI-4 Net assets at start of year−$11,596
XI-10 Net assets at end of year$2,858

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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