EIN 03-0503751

Concept Schools NFP

Name: Concept Schools NFP financials for 2024
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Funding|Financials|Peers

IRS 501(c) type

501(c)(3)

Num. employees

490

City

Schaumburg

State

Illinois

Year formed

2002

Most recent tax filings

2024-06-01

NTEE code, primary

B29: Charter Schools

Description

Based in Chicago, Concept Schools is a not-for-profit charter management organization that manages 27 successful, K-12, tuition-free charter schools in the Midwest.

Also known as...

Concept Schools

Total revenues

$67,098,619

2024

Total expenses

$57,217,314

2024

Total assets

$112,302,777

2024

Num. employees

490

2024

Program areas at Concept Schools NFP

Charter school operation and management services to its member charter Schools.

Who funds Concept Schools NFP

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Illinois Network of Charter Schools (INCS)	2023-12	Charter Schools Program Subgrants in Support of School Growth and Expansion	$964,624
Project Lead the Way (PLTW)	2024-06	Program Implementation	$30,000

Financials for Concept Schools NFP

Revenues	FYE 06/2024	FYE 06/2023	% Change
Total grants, contributions, etc.	$8,234,409	$11,494,883	-28.4%
Program services	$56,138,331	$53,061,005	5.8%
Investment income and dividends	$1,942,901	$888,726	118.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$782,978	$760,978	2.9%
Total revenues	$67,098,619	$66,205,592	1.3%

Organizations like Concept Schools NFP

Organization	Type	Location	Revenue
Pennsylvania Leadership Charter School (PALCS)	501(c)(3)	West Chester, PA	$63,383,212
Team Academy Charter School	501(c)(3)	Newark, NJ	$156,931,250
Science Academies of New York Charter Schools	501(c)(3)	Syracuse, NY	$50,684,983
First Philadelphia Preparatory Charter School (FPP)	501(c)(3)	Philadelphia, PA	$39,399,233
Options For Youth - Acton	501(c)(3)	Pasadena, CA	$35,515,005
Goodwill Education Initiatives	501(c)(3)	Indianapolis, IN	$34,483,175
Pacoima Charter School	501(c)(3)	Pacoima, CA	$23,660,185
Lehigh Valley Academy Regional Charter School	501(c)(3)	Bethlehem, PA	$36,440,112
Vanguard Classical School	501(c)(3)	Aurora, CO	$18,349,873
Agora Cyber Charter School	501(c)(3)	King of Prussia, PA	$116,282,442

Data update history

June 28, 2025

Posted financials

Added Form 990 for fiscal year 2024

June 28, 2025

Updated personnel

Identified 3 new personnel

June 28, 2025

Used new vendors

Identified 3 new vendors, including , , and

January 14, 2025

Received grants

Identified 2 new grant, including a grant for $964,624 from Illinois Network of Charter Schools (INCS)

December 1, 2024

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

SchoolsCharter schoolsK-12 schoolsCharities

Issues

Education

Characteristics

Receives government fundingTax deductible donationsAccepts online donations

General information

Address: 1336 Basswood Rd; Schaumburg, IL 60173
Metro area: Chicago-Naperville-Elgin, IL-IN-WI
County: Cook County, IL
Website URL: conceptschools.org/
Phone: (847) 824-3380

IRS details

EIN: 03-0503751
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2002
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B29: Charter Schools
NAICS code, primary: 611110: Elementary and Secondary Schools
Parent/child status: Independent

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Concept Schools NFP

Program areas at Concept Schools NFP

Who funds Concept Schools NFP

Financials for Concept Schools NFP

Organizations like Concept Schools NFP

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