Concept Schools Inc
1336 Basswood Rd, Schaumburg, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $68,455,671 | $62,145,158 | $89,894,014 |
| FY2024 | $67,098,619 | $57,217,314 | $84,173,823 |
| FY2023 | $66,205,592 | $45,068,951 | $74,481,825 |
| FY2022 | $54,687,645 | $38,361,933 | $52,803,276 |
| FY2021 | $46,563,795 | $32,703,366 | $35,039,259 |
| FY2020 | $40,831,788 | $37,932,917 | $21,402,335 |
| FY2019 | $36,114,834 | $33,484,340 | $18,503,464 |
| FY2018 | $36,333,347 | $32,234,329 | $15,872,970 |
| FY2017 | $31,520,076 | $29,415,922 | $11,773,952 |
| FY2016 | $26,974,133 | $24,244,003 | $9,669,798 |
| FY2015 | $22,016,049 | $20,754,778 | $7,150,903 |
| FY2014 | $15,250,451 | $13,345,656 | $6,301,041 |
| FY2013 | $5,929,690 | $5,397,841 | $3,813,985 |
Form 990 filings
The returns filed by Concept Schools Inc (EIN 03-0503751), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,472,158 | 5% |
| Program service revenue | $61,650,816 | 90% |
| Other revenue | $3,332,697 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $58,887,854 | 95% |
| Management & general | $2,619,646 | 4% |
| Fundraising | $637,658 | 1% |
What the numbers show
- Program service revenue made up 90% of total revenue in FY2025.
- Program services accounted for 95% of functional expenses, management & general 4%, and fundraising 1%.
- 95% of functional expenses went to program services in FY2025. That is higher than 95.1% of 123 Education organizations in IL.
- Net assets covered about 17.4 months of expenses at the end of the reporting year. That puts it in the 51st percentile among 2303 Education organizations in IL.
- Total revenue was higher than 98.5% of 2338 Education organizations in IL.
- Total revenue rose from $5,929,690 in FY2013 to $68,455,671 in FY2025. Revenue increased in 11 and decreased in 1 of 12 year-over-year comparisons.
- Revenue covered expenses in each of the 13 reported years, FY2013 to FY2025.
- Net assets grew from $3,813,985 to $89,894,014 between FY2013 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OPERATE CHARTER SCHOOLS AND PROVIDE OVERSIGHT AND SUPERVISION OVER THE EDUCATIONAL, TECHNICAL AND ADMINISTRATIVE FUNCTIONS OF ITS MEMBER CHARTER SCHOOLS.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B25 — Education (in IL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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