2024-05-15T13:30:02-05:00 2023-06-30 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2022-07-01 812316926 The Imagine Institute IMAG 2064925249 16000 Christensen Road 201 Tukwila WA 98188 Caitlyn Bridenstine Chief Executive Officer 2064925249 2024-05-14 1 Caitlyn Bridenstine XXX-XX-XXXX 0 DARCY A SKJOTHAUG CPA P00537762 5097472158 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Caitlyn Bridenstine 16000 Christensen Road 201 Tukwila WA 98188 13520050 0 X imaginewa.org X 2016 WA To create community relationships and innovative early learning programs that empower people, caring every day for every generation. 5 5 58 0 0 0 0 0 10300475 13520050 0 0 0 0 10300475 13520050 0 0 0 0 2667872 4717459 0 0 0 6192732 6340847 8860604 11058306 1439871 2461744 6560074 9664263 2398903 2932346 4161171 6731917 X The Imagine Institute's primary mission is to elevate the conditions of the early childhood education profession while maintaining its incredible diversity by providing culturally responsive professional development support that is respectful of provider skills, knowledge, home culture, and language and is accessible to those already working long hours, often for low pay. 0 0 2733921 2757344 IMAGINE U:Imagine U is a relationship-based mentorship program designed to increase the number of licensed family child care providers who can care for children in Washington State. Imagine U pairs experienced and talented licensed child care providers with those interested in becoming licensed, and offers both the mentor and intern support to help them grow professionally. As interns progress through the program, they complete assignments such as cost benefit analyses, budgets, program policies and practice licensing visits while also working 20 hours per month in their mentor's child care facilities. At the conclusion of the program, successful participants receive a bonus to invest in their child care businesses. Imagine U's peer-to-peer model honors the knowledge and skill that exists in the field and helps ensure that new providers can benefit from their mentor's expertise. 2699202 4706611 TAO :As a result of the passage of the American Rescue Plan Act, Washington State provided child care stabilization grants to eligible providers. The Department of Children, Youth, and Families (DCYF) contracted with the Imagine Institute to provide technical assistance (TA) and outreach to all eligible child care providers to ensure equitable access to grant funding. DCYF subsequently expanded Imagine's services to include support for the Complex Needs Fund and the Early Childhood Equity Grant. This department is dedicated to supporting the Child Care workers of Washington State by providing various technical assistants. 1536068 1496549 WASHINGTON STATE EARLY CARE AND EDUCATION SUBSTITUTE POOL:Since its inception, the WA State ECE Substitute Pool has distributed millions of dollars in substitute relief funding to hundreds of licensed family childcare and childcare centers throughout Washington State. As part of administering the substitute pool, the Imagine Institute provides training and orientation to community members so that they can become approved to work as a substitute, increasing the number of ECE workers in Washington State. The Imagine Institute also provides technical assistance to both substitutes and providers to assist them in effectively participating in the program. 2731170 4559546 All other programs. 2731170 4559546 9700361 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1239 0 1 58 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Caitlyn Bridenstine 2064925249 16000 Christensen Road Ste 201 Tukwila WA 98188 X Karen Hart Board Member/President 1.00 X X 0 0 0 Glenn Davis Board Member/Treasurer 1.00 X X 0 0 0 Gary Burris Board Member/Secretary 1.00 X X 0 0 0 Fartun Bakari Board Member 1.00 X 0 0 0 Kathy Yasi Board Member 1.00 X 0 0 0 Cate Bridenstine Chief Executive Officer 40.00 X X 167874 0 35960 167874 0 35960 1 0 1 0 Jennifer Ramirez PO Box 75094 Seattle WA 98175 Marketing, Communications & Development 187300 Divergent Business Consulting LLC 444 N Michigan Ave Ste 1200 Chicago IL 60611 Software and Development Solutions 101675 2 TAO 611430 4706611 4706611 Imagine U 611430 2757344 2757344 DCYF - Admin 611430 1797638 1797638 Sub Pool 611430 1496549 1496549 State Approved Training 611430 1380116 1380116 1381792 1381792 13520050 13520050 13520050 0 0 X 3688554 2998076 690478 372489 295513 76976 366614 298537 68077 289802 237177 52625 80437 80437 5075088 4989142 85946 95976 81352 14624 47488 28019 19469 184056 154939 29117 170080 30372 139708 18928 9518 9410 33370 33370 8482 8482 Training, incentives, a 611920 611920 Professional developmen 25977 5273 20704 EQUITY AND EVALUATION 22837 1801 21036 Staff recognition 14678 1306 13372 -48470 -42584 -5886 11058306 9700361 1357945 0 2988066 4815792 3389395 4452777 17668 168233 339594 131795 153752 207799 11193 19662 6560074 9664263 2398903 2932346 2398903 2932346 X 4161171 6731917 4161171 6731917 6560074 9664263 X 2461744 109002 X 0 0 0 X 250000 250000 3559086 6731443 6662987 10300475 13520049 40774040 3559086 6731443 6912987 10300475 13520049 41024040 0 0 0 41024040 398 398 3559086 6731841 6912987 10300475 13520049 41024438 1.00000 1.00000 0.00000 X 0 60000 60000 9673731 9733731 636687 159172 0 0 433825 464508 530933 636687 2065953 3098930 6000 10000 2000 60000 78000 108456 116127 132733 159172 516488 774732 339594 131795 207799 207799 0 0 0 0 0 0 0 0 0 Cate Bridenstine Chief Executive Officer 167874 0 0 0 0 0 11422 0 24538 0 203834 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 was prepared under the guidance of the organization's third-party administrator by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft of the organization's Form 990 was first provided to the organization's third-party administrator and Chief Executive Officer who reviewed the Form 990 for accuracy and completeness. Any questions, concerns, or issues raised by the third-party administrator and Chief Executive Officer were addressed, and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Board of Directors for its review and approval. Any additional questions, concerns, or issues raised by the Board of Directors were addressed, and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed, approved for filing by the Board of Directors. Form 990, Part VI, Section B, line 12c All The Imagine Institute officers, Directors, members of committees of the Board of Directors, and staff employees authorized to act on behalf of the Board of Directors are considered to be fiduciaries of this organization. A fiduciary of this organization has an ongoing duty to disclose all material facts of every actual or potential conflict of interest existing when he or she is offered or elected to become a fiduciary, occurring after the acceptance of a position as a fiduciary, and annually through a conflict-of-interest questionnaire. Based on all material facts, the Board of Directors determines if a conflict of interest exists and what, if any, actions are required to eliminate or mitigate the conflict of interest. The Directors will evaluate the disclosures to determine whether each involves an actual conflict of interest and may attempt to develop alternatives to remove a conflict from the situation. A fiduciary who has an actual or potential conflict of interest is not present for or leaves any portion of a meeting at which the Directors are voting to determine whether a conflict exists, but may be present prior to the vote or discussion of the vote to make a presentation to the Directors, disclose additional facts, or respond to questions. The Imagine Institute may enter into a transaction or arrangement in which a fiduciary has a conflict of interest only if the fiduciary has disclosed such conflict of interest in accordance with The Imagine Institute 's policy and either: the Directors approve the transaction or arrangement at a meeting at which the fiduciary who has a conflict is not present and does not participate (other than to answer questions raised by the unaffected Directors), after determining, in good faith and after reasonable investigation, that the transaction or arrangement is fair and reasonable to The Imagine Institute and is in the best interest of The Imagine Institute, or the transaction or arrangement is in fact fair to The Imagine Institute, furthers The Imagine Institute 's purposes, and does not result in a violation of the Internal Revenue Code. Consideration of actual or potential conflicts of interest are documented in minutes of the meeting of the Board of Director (or a committee thereof) by containing: 1) the names of the persons who disclosed an actual or potential conflict of interest or otherwise were found to have a conflict of interest; 2) the nature of the conflict of interest; 3) any action taken to determine whether a conflict of interest was present; 4) the Directors' decision as to whether a conflict of interest in fact existed; 5) the names of the persons who were present for discussions and votes relating to the transaction or arrangement; 6) the content of the discussion, including any alternatives considered to the proposed transaction or arrangement; and 7) a record of any votes taken in connection with the issue. Form 990, Part VI, Section B, line 15 Chief Executive Officer and employee compensation is determined and approved by the Board of Directors using comparable data from within the local area and surrounding jurisdictions. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, financial statements and Form 990 are available to the general public upon written request to the organization at: 16000 Christensen Road, Ste 201, Tukwila, WA 98188. Form 990, Part VII, Section A, Line 1A The Board of Directors is comprised of five individuals. All Directors serve on a voluntary basis, are fiduciaries and understand their obligations under the organization's by-laws, policies and procedures, which include a conflict-of-interest policy. The Imagine Institute does not compensate any of the Board of Directors. One or more of the individuals may be required or encouraged to serve on this board. As such their regular compensation may take into consideration services performed by them in regard to the organization. The Trust does not readily have access to information related to compensation paid by other entities to the Directors. Form 990, Part IX, line 11g Substitute wages: Program service expenses 1,045,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,045,820. Stipends and awards: Program service expenses 1,248,985. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,248,985. Interpreters/translators: Program service expenses 125,149. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,149. Professional services: Program service expenses 873,655. Management and general expenses 85,946. Fundraising expenses 0. Total expenses 959,601. TECHNICAL ASSISTANCE: Program service expenses 228,594. Management and general expenses 0. Fundraising expenses 0. Total expenses 228,594. Trainers: Program service expenses 251,039. Management and general expenses 0. Fundraising expenses 0. Total expenses 251,039. Mentor and intern awards: Program service expenses 1,215,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,215,900. Form 990, Part XI, line 9: PRIOR PERIOD ADJUSTMENT 109,002.