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North Carolina · Nonprofit

INVEST COLLEGIATE IMAGINE INC

INVEST COLLEGIATE IMAGINE INC (North Carolina) receives grants from 4 organizations whose IRS filings report $30,750 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($17,500). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$16M
Funders on record
4
Grants received
$31k
Net assets
$-14032601
2/4 repeat funderspeak grant-dependency 0%
01What it does

What Invest Collegiate Imagine Inc does

Mission

Ic imagine's mission is to champion an inclusive environment for academic excellence, strong relationships, physical and mental well-being, creativity, and exploration. Ic imagine graduates are engaged citizens prepared to succeed in college, career, and life.

As stated on its FY2025 Form 990.

Program

  1. Operated as a public charter school in asheville, nc serving approximately 1,190 students for the fiscal year ending 06/30/2025.

    $13,923,447 spent$1,117,263 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $13,923,447.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($7.6M) Expenses 100 ($9.1M)2019 Revenue 130 ($9.9M) Expenses 113 ($10M)2020 Revenue 169 ($13M) Expenses 163 ($15M)2021 Revenue 188 ($14M) Expenses 147 ($13M)2022 Revenue 188 ($14M) Expenses 168 ($15M)2023 Revenue 198 ($15M) Expenses 170 ($16M)2024 Revenue 206 ($16M) Expenses 188 ($17M)2025 Revenue 212 ($16M) Expenses 185 ($17M)
'18'19'20'21'22'23'24'25
Revenue (212)Expenses (185)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 2018 to 2019, from $17M to $33M (+92%).

$17M
$33M
$36M
$38M
$39M
$39M
$39M
$38M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 2% · 2019 2% · 2020 84% · 2021 97% · 2022 96% · 2023 92% · 2024 91% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

92% of INVEST COLLEGIATE IMAGINE INC’s revenue is contributions — more donation-reliant than the typical peer (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. 7 of the last 8 reported years ran a deficit.

−$1.5M
’18
−$329k
’19
−$2.0M
’20
$964k
’21
−$973k
’22
−$462k
’23
−$1.4M
’24
−$732k
’25
3.1
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.

Board chair

Andy Bobowski

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed888991087
Joined·+0+3+2+1+1+2+1
No longer listed·0311042
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $7k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 INVEST COLLEGIATE IMAGINE 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

INVEST COLLEGIATE IMAGINE INC leans on a few funders — its largest provides 57% 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 INVEST COLLEGIATE IMAGINE INC.

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 75% — 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

100% of INVEST COLLEGIATE IMAGINE 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 $100 that is directly attributable, 100% of it comes from funders outside North Carolina, across 1 state.

CA

Funder states come from each funder’s own filing. $31k arriving through sponsors registered in 3 states 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

INVEST COLLEGIATE IMAGINE INC has grown faster than half of the 3,758 education nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve3.1mo · below the median
Revenue growth (annualized)11% · above the median

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

Organizations like INVEST COLLEGIATE IMAGINE 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 North Carolina

Nationally

05Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

6
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 1 related entity

  • Ic Imagine Holdings LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for INVEST COLLEGIATE IMAGINE 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 INVEST COLLEGIATE IMAGINE INC?
INVEST COLLEGIATE IMAGINE INC (North Carolina) receives grants from 4 organizations whose IRS filings report $30,750 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($17,500). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INVEST COLLEGIATE IMAGINE INC have?
IRS filings report 4 organizations giving $30,750 in grants to INVEST COLLEGIATE IMAGINE INC, 2 of which have funded it in more than one year.
Who is the largest funder of INVEST COLLEGIATE IMAGINE INC?
THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC is the largest funder on record, with $17,500 in grants. The full list of funders is on this page.
How can an organization like INVEST COLLEGIATE IMAGINE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Invest Collegiate Imagine →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 4 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