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Education : Scholarship and Financial Support

Imagine America Foundation

The research, scholarship and training provider for the nation's career colleges

two stars

70.76

14200 Park Meadow Drive Suite 117S
Chantilly, VA 20151
tel: (571) 267-3010   Web Site
EIN: 52-1250860

Board Leadership
Tracy Kreikemeier
Chairman

CEO
Robert L. Martin
President

  Score
(out of 100)
Rating
Overall Score & Rating 70.76 two stars
  Financial 67.85 one star
  Accountability & Transparency 74.00 two stars
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The Imagine America Foundation (IAF), formerly the Career College Foundation, has been serving the career college community since 1982. IAF provides scholarships, awards, financial aid information, sector research and faculty training; honors achievement in career education; and supports and promotes the benefits of career colleges to the general public. More than 1,000 career education campuses participate in the Imagine America Scholarship and Award Programs.

The Imagine America Foundation (IAF), formerly the Career College Foundation, has been serving the career college community since 1982. IAF provides scholarships, awards, financial aid information, sector research and faculty training; honors achievement in career education; and supports and promotes the benefits of career colleges to the general public. More than 1,000 career education campuses participate in the Imagine America Scholarship and Award Programs.

Impact Information

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Financial

one star

67.85

Accountability & Transparency

two stars

74.00

This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
60.0%
  Administrative Expenses 24.9%
  Fundraising Expenses 14.9%
  Fundraising Efficiency $0.25
  Working Capital Ratio (years) 2.15
  Program Expenses Growth -34.9%
  Liabilities to Assets 17.5%
All data for Financial Performance Metrics calculations was provided by Imagine America Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Imagine America Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Imagine America Foundation (VA) 70.76 two stars
Simon Youth Foundation (IN) 86.64 three stars
Woodrow Wilson National Fellowship Foundation (NJ) 88.22 three stars
Association of Waldorf Schools of North America (CO) 86.86 three stars
Student Sponsor Partners (NY) 92.91 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $320,840
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $320,840
   Program Service Revenue $0
Total Primary Revenue $320,840
   Other Revenue $28,510
TOTAL REVENUE $349,350
   
EXPENSES  
   Program Expenses $178,652
   Administrative Expenses $74,437
   Fundraising Expenses $44,660
TOTAL FUNCTIONAL EXPENSES $297,749
   
Payments to Affiliates $0
Excess (or Deficit) for the year $51,601
   
Net Assets $1,177,194

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Career College Scholarships $117,910 66.0%
Educational Awards for Military-Related Students $60,742 34.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 12/01/2020 70.76 two stars
2018-06 10/01/2019 67.91 one star
2017-06 02/01/2019 67.82 one star
2016-06 02/01/2018 69.20 one star
2015-06 12/01/2016 69.54 one star
2014-06 06/01/2016 75.02 two stars
 
CN 2.0
2014-06 11/01/2015 73.68 two stars
2013-06 10/01/2014 80.01 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1250860
Name in IRS Master File IMAGINE AMERICA FOUNDATION
NTEE Code B11
NTEE Classification Single Organization Support
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (123) Discussion groups, forums, panels lectures, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$202,218 67.91% Robert Martin President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Imagine America Foundation (VA) 70.76 two stars
Catholic Education Arizona (AZ) 85.66 three stars
Columbus Citizens Foundation (NY) 87.24 three stars
North Carolina Agricultural Foundation (NC) 95.05 four stars
Scholarship America (MN) 87.80 three stars

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Charity Contact Info

Imagine America Foundation
14200 Park Meadow Drive
Suite 117S
Chantilly, VA 20151
tel: (571) 267-3010
fax: (866) 734-5812
EIN: 52-1250860

Visit Web Site

Board Leadership

Tracy Kreikemeier
Chairman

CEO

Robert L. Martin
President

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