Overview
What is Friends Of Imagine International Academy Of North Texas?
Friends of Imagine International Academy of North Texas is a nonprofit organization based in McKinney, Texas, specifically located at 2860 Virginia Parkway, ZIP code 75071. This charitable entity aims to empower students of the Imagine International Academy of North Texas to reach their full potential. They do this by facilitating educational opportunities and managing funds to support the academy. Their mission is clear: to enhance the learning experience and development of the students at the Imagine International Academy of North Texas. With a workforce of 217 employees, Friends of Imagine International Academy of North Texas is dedicated to making a positive impact on the lives of these students.
Official website here: www.imaginenorthtexas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Friends Of Imagine International Academy Of North Texas has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from the organization's performance in the Accountability & Finance category, where it excels with a strong emphasis on independent governance and oversight. The organization has a fully independent board, which enhances its credibility and decision-making processes.
The nonprofit demonstrates robust financial practices, evident through its high program expense ratio of 74.36%, indicating that a significant portion of its resources is allocated to its mission-driven programs. Additionally, the charity has established comprehensive policies regarding conflict of interest, whistleblower protection, and document retention, reinforcing its commitment to transparency and ethical practices.
However, the organization faces challenges reflected in its liabilities to assets ratio of 86.48%, which may raise concerns about financial leverage and long-term sustainability. While overall, the financial health appears stable, potential donors and stakeholders may want to consider this aspect when evaluating the charity's future financial viability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of Imagine International Academy Of North Texas?
90% of 223 reviewers on Facebook recommend Friends Of Imagine International Academy Of North Texas. Here's a summary of their reviews:
Many supporters express strong satisfaction with the educational experiences offered, highlighting the quality of education, athletic programs, and dedicated faculty. One review particularly emphasizes the positive impact the academy has had on a student's development from the beginning, reflecting a strong sense of community and support within the school environment.
Overall, the organization appears to deliver on its commitments, with parents and students alike appreciating the robust curriculum and engaging extracurricular activities provided. The testimonials suggest a nurturing atmosphere where students can thrive both academically and personally.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of Imagine International Academy Of North Texas legitimate?
Friends Of Imagine International Academy Of North Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Imagine International Academy Of North Texas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,156,985
For more financial information, click here
Official website here: www.imaginenorthtexas.org
What is the mission statement of Friends Of Imagine International Academy Of North Texas?
Friends of Imagine International Academy of North Texas is a non-profit organization with a mission to help students of the Imagine International Academy of North Texas reach their full potential. Through providing educational opportunities and managing and raising funds, this organization supports the academy and its students. Their ultimate goal is to contribute to the growth and development of students, enabling them to reach their academic and personal objectives. The organization's efforts aim to create a nurturing environment where students can thrive, ultimately leading to a brighter future for each individual.
Official website here: www.imaginenorthtexas.org
Who is the CEO of Friends Of Imagine International Academy Of North Texas?
Lisa Hermes is the President of Friends Of Imagine International Academy Of North Texas.
Official website here: www.imaginenorthtexas.org
What is the revenue of Friends Of Imagine International Academy Of North Texas?
Friends Of Imagine International Academy Of North Texas's revenue in 2022 was $13,491,498.
Official website here: www.imaginenorthtexas.org
Who are the executives of Friends Of Imagine International Academy Of North Texas and what are their salaries?
The average compensation at Friends Of Imagine International Academy Of North Texas during 2022 was $28,373. There are 217 employees at Friends Of Imagine International Academy Of North Texas.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.imaginenorthtexas.org
Where can I find the form 990 for Friends Of Imagine International Academy Of North Texas?
Friends Of Imagine International Academy Of North Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.imaginenorthtexas.org
Learn more at the official website: www.imaginenorthtexas.org
Mission Statement of Friends Of Imagine International Academy Of North Texas
Friends of Imagine International Academy of North Texas is a devoted organization with a mission to empower students of the Imagine International Academy of North Texas to reach their fullest potential. Through providing educational opportunities and managing and raising funds, this nonprofit aims to make a significant impact on the academic lives of these students.
The organization's primary focus is on enriching the learning experience for students at the Imagine International Academy of North Texas. By offering educational opportunities, Friends of Imagine International Academy of North Texas enhances the classroom environment, enabling students to explore their interests and foster their talents. The nonprofit's commitment extends beyond the classroom, as it also works to secure the necessary resources and support for the academy.
Friends of Imagine International Academy of North Texas is a dedicated partner in the pursuit of excellence for the students of the Imagine International Academy of North Texas. Its mission is driven by a passion for education and a belief in the limitless potential of every student. Through its fundraising and management efforts, the organization is able to provide essential resources, ensuring that students have the tools they need to succeed. Whether it is through scholarships, grants, or other educational initiatives, Friends of Imagine International Academy of North Texas plays a crucial role in enriching the educational experience for students, helping them reach new heights and unlock their full potential.
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Impact
October, 2024
Friends Of Imagine International Academy of North Texas significantly enhances the educational environment and opportunities for students. By focusing on the diverse needs of learners, the organization provides crucial support that enables students to achieve their fullest potential. This is accomplished through the raising and management of funds that are directly reinvested into the Imagine International Academy of North Texas, thereby enriching educational programs and resources.
Through targeted initiatives and thoughtful contributions, Friends Of Imagine International Academy fosters a thriving academic community in McKinney, Texas. By investing in educational opportunities, they help create a robust framework that supports both academic excellence and personal growth for students, ultimately leading to a brighter future for the entire community.
This information is meant to be a general summary of Friends Of Imagine International Academy Of North Texas. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $12,930,835
- Gross Receipts: $13,491,498
Assets and Liabilities:
- Total Assets: $30,988,726
- Total Liabilities: $26,610,538
- Net Assets: $4,378,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION SCHOOL PROGRAM
Revenue
$11,846,020
FEDERAL REVENUES
Revenue
$919,100
OTHER STATE AID
Revenue
$165,715
Organization Details
Founding Year
2008
Principal Officer
Lisa Hermes
Main Address
2860 VIRGINIA PARKWAY, MCKINNEY, TX, 75071
Website
www.imaginenorthtexas.orgNTEE Category
Code: B110 - Education
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