The Imagine Awards Inc C/o Cerini & Associates Llp

Nonprofit profile at a glance

EIN
851129775
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-N 2021
Location
Bohemia, NY, USA
Phone
6315821600
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Support N.E.C.

Reported finances

Revenue
$401,289
Expenses
$416,949
Assets
$47,526
Liabilities
$70,136

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KEN CERINI (PRESIDENT)
  • MATTHEW BURKE (VICE PRESIDENT)

People named in this filing

  • KEN CERINI (PRESIDENT)
  • KIMBERLY ROFFI (TREASURER)
  • MATTHEW BURKE (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The imagine awards, which holds academy award type events for nonprofit organizations in both long island (april) and New York city (october), was created for 3 purposes: to shine a light on nonprofit organizations that are impactful, innovative, possess strong leadership, and understand the need and importance of diversity. The imagine awards holds two events, long island and New York city, which bring nonprofits together to recognize and celebrate the sector, to provide an avenue for collaboration within the sector, bringing leadership of nonprofits together to foster ways that they can work together, to provide insight and education to the sector through sharing of ideas at the awards programs and through other training through our let's imagine program where the imagine award winners provide inside through a panel discussion with other nonprofit organizations.

What it reported doing in 2025

During 2025, the imagine awards held events in both long island and New York city where 48 nonprofits were highlighted and more than 700 people came together to celebrate the nonprofit sector. The imagine awards provided grants to winners, free tickets to nonprofit organizations, and each of the 48 finalists received custom made, professionally produced videos. The imagine awards helps to validate and share the important work that nonprofit organizations are performing in our communities. The imagine awards are the only awards program in the New York area that focuses on the nonprofit sector, a sector that changes lives on a daily basis. The imagine awards provides an avenue to collaborate and explore, it provides exposure and recognition to the finalists and the sector, and it provides a night where we shine a light on the sector to spotlight all of the amazing things that are happening in the nonprofit community. Imagine awards participants have developed new partnerships and collaborations, have made corporate connections which has resulted in new board members and contributions, have gained strategic insight into what other organizations are doing, and have developed new friendships and relationships that have proven essential to the growth and development of their organizations.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 78
  • Accountability: 82
  • Sustainability: 23
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.8%; rating input score 98
  • Program expense ratio: 94.2%; rating input score 94
  • Fundraising efficiency: $0.1 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 77.9%; rating input score 78; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.9%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 1.48; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: -12.9% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 97.8% of revenue deployed · 94.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $393K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 14 of 16 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 13 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 3/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.