Nonprofit · EIN 71-0989980
IMAGINE ACADEMY CORPORATION
Tax-exempt · BROOKLYN, NY 11230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,807,106 | $5,905,804 | $901,302 | $9,758,483 | $236,574 | $9,521,909 |
| June 30, 2024 | 990 | $6,654,723 | $5,818,567 | $836,156 | $8,846,378 | $225,771 | $8,620,607 |
| June 30, 2023 | 990 | $5,871,012 | $5,036,893 | $834,119 | $7,955,971 | $171,520 | $7,784,451 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,601
- Program service revenue
- $6,760,000
- Investment income
- $27,505
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $397,245
- Other salaries and wages
- $4,416,813
- Salaries, compensation and benefits (total)
- $5,334,233
- Professional fundraising fees
- $0
- Legal fees
- $9,520
- Accounting fees
- $20,000
- Occupancy
- $138,939
- Travel
- $39,236
- Depreciation
- $5,243
- Program services (functional)
- $5,502,371
- Management and general (functional)
- $403,433
Balance sheet and other
- Total assets, start of year
- $8,846,378
- Total assets, end of year
- $9,758,483
- Total liabilities, end of year
- $236,574
- Net assets, end of year
- $9,521,909
- Land, buildings and equipment
- $14,432
- Net assets without donor restrictions
- $9,521,909
- Gross receipts
- $6,807,106
- Employees
- 154
- Volunteers
- 10
- Year formed
- 2005
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISA CHREM | PRINCIPAL Key employee | 35 | $165,551 | $23,518 |
| ABRAHAM LEVI | DIRECTOR OF MOTOR DEPARTMENT Key employee | 35 | $170,166 | $9,490 |
| DAVID JEMAL | PRESIDENT Trustee or director, Officer | 6 | $0 | $0 |
| SAM SUTTON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| REBECCA HARARY | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| JANE SUTTON | SECRETARY Trustee or director | 1.5 | $0 | $0 |
| JEFFREY DEUTSCH | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| MARVIN DWECK | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| WENDY JEMAL | VICE PRESIDENT Trustee or director | 1.5 | $0 | $0 |
| JOSEPH M HARARY | ASSISTANT TREASURER Trustee or director | 0.5 | $0 | $0 |
| SUSIE DWECK | ASSISTANT SECRETARY Trustee or director | 1 | $0 | $0 |
| HEATHER DEUTSCH | PRESIDENT OF LADIES AUXILIARY Trustee or director | 1.5 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISA CHREM | PRINCIPAL Highest-paid employee | 35 | $166,294 | $29,149 |
| ABRAHAM LEVI | DIRECTOR OF MOTOR DEPARTMENT Highest-paid employee | 35 | $158,822 | $8,611 |
| DAVID JEMAL | PRESIDENT Trustee or director, Officer | 6 | $0 | $0 |
| SAM SUTTON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| REBECCA HARARY | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| JANE SUTTON | SECRETARY Trustee or director | 1.5 | $0 | $0 |
| JEFFREY DEUTSCH | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| MARVIN DWECK | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| WENDY JEMAL | VICE PRESIDENT Trustee or director | 1.5 | $0 | $0 |
| JOSEPH M HARARY | ASSISTANT TREASURER Trustee or director | 0.5 | $0 | $0 |
| SUSIE DWECK | ASSISTANT SECRETARY Trustee or director | 1 | $0 | $0 |
| HEATHER DEUTSCH | PRESIDENT OF LADIES AUXILI Trustee or director | 1.5 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISA CHREM | PRINCIPAL Highest-paid employee | 35 | $160,058 | $27,712 |
| ABRAHAM LEVI | DIRECTOR OF MOTOR DEPARTMENT Highest-paid employee | 35 | $157,349 | $0 |
| DAVID JEMAL | PRESIDENT Trustee or director, Officer | 6 | $0 | $0 |
| SAM SUTTON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| REBECCA HARARY | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| JANE SUTTON | SECRETARY Trustee or director | 1.5 | $0 | $0 |
| JEFFREY DEUTSCH | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| MARVIN DWECK | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| WENDY JEMAL | VICE PRESIDENT Trustee or director | 1.5 | $0 | $0 |
| JOSEPH M HARARY | ASSISTANT TREASURER Trustee or director | 0.5 | $0 | $0 |
| SUSIE DWECK | ASSISTANT SECRETARY Trustee or director | 1 | $0 | $0 |
| HEATHER DEUTSCH | PRESIDENT OF LADIES AUXILIARY Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1458 E 14TH ST, BROOKLYN, NY 11230-6610
- In care of
- % ALLISON SETTON
- Principal officer (990 for 2024)
- DAVID JEMAL, 1458 EAST 14TH STREET, BROOKLYN, NY 11230
- Signed the 990
- DAVID JEMAL, PRESIDENT
- Phone
- (718) 376-8882
- Return prepared by
- ROTH & COMPANY LLP
Mission
IMAGINE ACADEMY IS A NON-PROFIT ORGANIZATION THAT IS DEDICATED TO MAINTAINING AND RUNNING THE DAY-TO-DAY ACTIVITIES OF A DAY SCHOOL FOR CHILDREN WITH AUTISM AND OTHER DISABILITIES.
Program accomplishments
- MAINTAINS AND ORGANIZES DAILY ACTIVITIES OF A SCHOOL FOR CHILDREN WITH AUTISM AND OTHER DISABLITIES.Expenses $5,262,725 · revenue $6,760,000
- PROVIDES AFTER-SCHOOL ACTIVITIES FOR CHILDREN WITH AUTISM AND OTHER DISABILITIES.Expenses $239,646
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0989980
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $9,758,483
- Income (IRS master file)
- $6,807,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,807,106 | $5,905,804 | $9,758,483 | XML |
| 990 | June 2024 | $6,654,723 | $5,818,567 | $8,846,378 | XML |
| 990 | June 2023 | $5,871,012 | $5,036,893 | $7,955,971 | XML |
| 990 | June 2022 | $5,903,000 | $4,518,438 | $7,097,393 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0989980).
Questions about IMAGINE ACADEMY CORPORATION
- What is the EIN of IMAGINE ACADEMY CORPORATION?
- The employer identification number (EIN) of IMAGINE ACADEMY CORPORATION is 71-0989980.
- Is IMAGINE ACADEMY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to IMAGINE ACADEMY CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IMAGINE ACADEMY CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IMAGINE ACADEMY CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IMAGINE ACADEMY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of IMAGINE ACADEMY CORPORATION?
- The 990 for the year ended June 30, 2025 names DAVID JEMAL.
- Who are the officers and directors of IMAGINE ACADEMY CORPORATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $165,551 (ELISA CHREM, PRINCIPAL).
- How much revenue does IMAGINE ACADEMY CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,807,106, expenses of $5,905,804 and total assets of $9,758,483 at year end.
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