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Virginia · Nonprofit

IMAGINE SCHOOLS NON-PROFIT INC

IMAGINE SCHOOLS NON-PROFIT INC (Virginia) receives grants from 2 organizations whose IRS filings report $247,552 to it, the largest being THE COMMUNITY FOUNDATION OF SARASOTA CO INC ($163,110). 2 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$83M
Funders on record
2
Grants received
$248k
Net assets
$-11704211
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Imagine Schools Non-Profit Inc does

Mission

Imagine schools non-profit's vision is for every child to reach his or her full potential and discover pathways for life-long success. As a national family of public charter school campuses, imagine schools non-profit's misssion is to partner with parents and guardians in the education of their children by providing high quality schools that prepare students for lives of leadership, acccomplishment, and exemplary character. Imagine schools non-profit pursues its mission utilizing the following objectives: create choice for parents and students within the public school system. Emphasize academic exellence and character development as the essential elements of life-long success. Encourage innovative teaching practices that individualize learning according to the needs of each student. Provide a system of accountability for results in public education (I.e imagine schools measures of excellence). Support principals, teachers, and school staff as the front-line leaders and decision-makers,

As stated on its FY2025 Form 990.

Program

  1. 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.

    $69,604,288 spentof which $841,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $69,604,288.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($65M) Expenses 100 ($70M) Net assets 100 ($19M)2018 Revenue 88 ($57M) Expenses 85 ($60M) Net assets 67 ($13M)2019 Revenue 90 ($58M) Expenses 88 ($61M) Net assets 49 ($9.5M)2020 Revenue 88 ($57M) Expenses 87 ($61M) Net assets 30 ($5.8M)2021 Revenue 90 ($59M) Expenses 87 ($61M) Net assets 19 ($3.6M)2022 Revenue 96 ($62M) Expenses 94 ($66M) Net assets 0 ($56k)2023 Revenue 111 ($72M) Expenses 108 ($76M) Net assets -19 ($-3735948)2024 Revenue 133 ($86M) Expenses 130 ($91M) Net assets -43 ($-8270099)2025 Revenue 129 ($83M) Expenses 124 ($87M) Net assets -61 ($-11704211)
'17'18'19'20'21'22'23'24'25
Revenue (129)Expenses (124)Net assets (-61)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $105M to $161M (+53%).

$65M
$67M
$69M
$91M
$105M
$161M
$159M
$163M
$176M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 81% · 2018 93% · 2019 97% · 2020 94% · 2021 95% · 2022 93% · 2023 93% · 2024 81% · 2025 94%. Grants only. Government contracts and fees sit inside program revenue.

94% of IMAGINE SCHOOLS NON-PROFIT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$5.3M
’17
−$2.7M
’18
−$3.2M
’19
−$3.7M
’20
−$2.2M
’21
−$3.6M
’22
−$3.8M
’23
−$4.7M
’24
−$3.4M
’25
2.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Barry Sharp

CEO/CFO/pres

Board chair

John Ruggirello

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed181817171516161616
Joined·+1+1+0+0+3+0+1+0
No longer listed·12022010
03Who funds it

Who funds it, year by year

2017 → 2022: the base broadened from 1 funder to 2 funders, grant income rose $30k → $91k.

Funder
'17
'18
'20
'21
'22
'24*
total
$84k
funders
1
1
1
1
2
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 66% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IMAGINE SCHOOLS NON-PROFIT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

IMAGINE SCHOOLS NON-PROFIT INC leans on a few funders — its largest provides 66% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IMAGINE SCHOOLS NON-PROFIT INC.

66%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 100% · 2021 100% · 2022 72% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

66% of IMAGINE SCHOOLS NON-PROFIT INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $84k that is directly attributable, 100% of it comes from funders outside Virginia, across 1 state.

MN

In-state vs out-of-state, by year

’21
’22
Virginia out of state home

Funder states come from each funder’s own filing. $163k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

IMAGINE SCHOOLS NON-PROFIT INC's revenue grew 29% between 2017 and 2025.

Operating margin−4% · bottom quartile
Months of reserve2.4mo · below the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding IMAGINE SCHOOLS NON-PROFIT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $117 on record.

State$117
19
24
Top programs
  • REFUNDS - GENERAL $117

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like IMAGINE SCHOOLS NON-PROFIT INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 25 related entities

  • Imagine Andrews Prince George's Cou · disregarded
  • Imagine Prince George's County LLC · disregarded
  • Imagine Prince George's County LLC · disregarded
  • Imagine Lincoln Prince George's Cou · disregarded
  • Imagine Manatee County LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for IMAGINE SCHOOLS NON-PROFIT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds IMAGINE SCHOOLS NON-PROFIT INC?
IMAGINE SCHOOLS NON-PROFIT INC (Virginia) receives grants from 2 organizations whose IRS filings report $247,552 to it, the largest being THE COMMUNITY FOUNDATION OF SARASOTA CO INC ($163,110). 2 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does IMAGINE SCHOOLS NON-PROFIT INC have?
IRS filings report 2 organizations giving $247,552 in grants to IMAGINE SCHOOLS NON-PROFIT INC, 2 of which have funded it in more than one year.
Who is the largest funder of IMAGINE SCHOOLS NON-PROFIT INC?
THE COMMUNITY FOUNDATION OF SARASOTA CO INC is the largest funder on record, with $163,110 in grants. The full list of funders is on this page.
How can an organization like IMAGINE SCHOOLS NON-PROFIT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing