Civic Intelligence

Ilearn Schools Inc.

990 • Fiscal year 2019 • EIN 47-3603519

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 20, 2020

Organization Profileilearnschools.org

View Organization Page

33-00 Broadway Suite 301Fair Lawn, NJ 07410

(201) 773-9140

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.74x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.91x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

71st percentile

9.7%

Higher net margin than 71% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$169,056

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Asset Growth

98th percentile

442%

Faster asset growth than 98% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

21%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$7,182,091

Up $5,857,793 (+442%) from 2018

Net Assets

Up

$1,845,741

Up $571,387 (+45%) from 2018

Liabilities

Up

$5,336,350

Up $5,286,406 (+10585%) from 2018

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin71st percentile

Revenue

Up

$5,881,482

Up $1,007,760 (+21%) from 2018

Expenses

Up

$5,310,094

Up $1,270,682 (+31%) from 2018

Net Income

Down

$571,388

Down $262,922 (-32%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2016: $325,096Liabilities 2016: $270,184Net Assets 2016: $54,9122016Assets 2017: $571,726Liabilities 2017: $131,682Net Assets 2017: $440,0442017Assets 2018: $1,324,298Liabilities 2018: $49,944Net Assets 2018: $1,274,3542018Assets 2019: $7,182,091Liabilities 2019: $5,336,350Net Assets 2019: $1,845,7412019Assets 2020: $8,793,547Liabilities 2020: $5,206,834Net Assets 2020: $3,586,7132020Assets 2021: $13,400,113Liabilities 2021: $7,357,911Net Assets 2021: $6,042,2022021Assets 2022: $13,134,703Liabilities 2022: $3,665,380Net Assets 2022: $9,469,3232022Assets 2023: $17,435,341Liabilities 2023: $4,209,338Net Assets 2023: $13,226,0032023Assets 2024: $58,568,345Liabilities 2024: $41,521,780Net Assets 2024: $17,046,5652024

Highlighted filing

2019

Assets$7,182,091
Liabilities$5,336,350
Net Assets$1,845,741
Open 2019 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2016: $3,291,513Expenses 2016: $3,236,601Net Income 2016: $54,9122016Revenue 2017: $4,105,377Expenses 2017: $3,720,245Net Income 2017: $385,1322017Revenue 2018: $4,873,722Expenses 2018: $4,039,412Net Income 2018: $834,3102018Revenue 2019: $5,881,482Expenses 2019: $5,310,094Net Income 2019: $571,3882019Revenue 2020: $7,299,630Expenses 2020: $5,558,658Net Income 2020: $1,740,9722020Revenue 2021: $8,692,177Expenses 2021: $6,236,688Net Income 2021: $2,455,4892021Revenue 2022: $10,581,989Expenses 2022: $7,159,930Net Income 2022: $3,422,0592022Revenue 2023: $12,637,646Expenses 2023: $8,880,966Net Income 2023: $3,756,6802023Revenue 2024: $17,497,755Expenses 2024: $13,677,193Net Income 2024: $3,820,5622024

Highlighted filing

2019

Revenue$5,881,482
Expenses$5,310,094
Net Income$571,388
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 20, 2020
Return Version
2018v3.1
Gross Receipts
$6,104,699
Mission and Program Overview

Mission

iLearn Schools, Inc. is a non-profit Charter Management Organization (CMO) that provides specialized educational and management services, including operational and administrative supports, for schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$95,974$6,820,787▲ $6,724,813
Accounts Receivable$2,666$148,012▲ $145,346
Intangible Assets$175,000$133,333▼ $41,667
Cash and Non-Interest-Bearing Accounts$617,091$41,697▼ $575,394
Other Notes and Loans Receivable, Net$300$33,286▲ $32,986
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,324,298$7,182,091▲ $5,857,793
Other Assets Total$433,267$4,976▼ $428,291
Liabilities
Mortgage Notes Payable Secured by Investment Property-$4,683,586-
Accounts Payable and Accrued Expenses$49,944$471,258▲ $421,314
Deferred Revenue-$137,894-
Other Liabilities-$43,612-
Total Liabilities$49,944$5,336,350▲ $5,286,406
Net Assets / Fund Balance
Unrestricted Net Assets$1,274,354$1,845,741▲ $571,387
Total Net Assets Fund Balance$1,274,354$1,845,741▲ $571,387
Total Liabilities and Net Assets / Fund Balance$1,324,298$7,182,091▲ $5,857,793

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,559,900-$2,559,900
Leasehold Improvements$2,209,277$57,848$2,267,125
Buildings$1,821,972$56,392$1,878,364
Equipment$229,638$62,842$292,480
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nihat GuvercinCEOFT$169,056$169,056
Yanivis HageChief AcademicsFT$109,698$109,698
Mustafa CobanCFOFT$106,579$106,579
Richard ArslanDirector FacilitiesFT$105,394$105,394
Yunus KulogluCOOFT$104,171$104,171

Board Members and Trustees

NameTitle
Jose MartinezPresident
Glenny AdamesTrustee
Penny YoungTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Reyco Construction Co-389 ROUTE 79, Morganville, NJ 07751$284,886
Technotime Business SolutionsIt Services1 MADISON ST, East Rutherford, NJ 07073$192,373
Silvercon Electrical Contracting ServicesConstruction389 ROUTE 79 BLGG 5, Morganville, NJ 07751$123,350
Machio Food Service-345 E MAIN ST, Chester, NJ 07930$122,622
Revenue and Support

Revenue Composition

Contributions and Grants
$85,383
Program Service Revenue
$5,757,556
Investment Income
$0
Other Revenue
$38,543
All Other Contributions
$77,164
Change in Net Assets
$571,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,498,713
Other Expenses$1,811,381
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,471,533$228,947-$2,700,480
Current Officers, Directors, Trustees, and Key Employees-$594,898-$594,898
Fees for Services Management$246,677$164,452-$411,129
Depreciation Depletion$131,249$87,500-$218,749
Payroll Taxes$122,001$81,334-$203,335
Occupancy$107,851$71,901-$179,752
Office Expenses$94,524$63,016-$157,540
Insurance$33,239$22,159-$55,398
Other Expenses$31,199$20,799-$51,998
All Other Expenses$23,516$15,620-$39,136
Travel$8,763$5,842-$14,605
Total Functional Expenses$3,680,397$1,629,697$0$5,310,094
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security$43,612
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
iLEARN SCHOOLS INC
EIN
47-3603519
Phone
2017739140
Address
33-00 BROADWAY SUITE 301, FAIR LAWN, NJ 07410

Signing Officer

Name
Mustafa Coban
Title
President & CEO
Signed
2020-04-20
Discuss with paid preparer
Yes

Organization Details

Formed
2015
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
67

Preparer

Firm
Barre & Company LLC
Address
2204 MORRIS AVE STE 206, UNION, NJ 07083-5914
Preparer
Richard Barre
Phone
9086863484
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“To adjust boy net asset to py audit = -$1”

Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049944
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0471258
IRS990/AccountsReceivableGrp/BOYAmt02666
IRS990/AccountsReceivableGrp/EOYAmt0148012
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0iLearn Schools, Inc. is a non-profit Charter Management Organization (CMO) that provides specialized educational and management services, including operational and administrative supports, for schools.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt077164
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015620
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023516
IRS990/AllOtherExpensesGrp/TotalAmt039136
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MUSTAFA COBAN
IRS990/BooksInCareOfDetail/PhoneNum02017739140
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033-00 BROADWAY SUITE 301
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAIR LAWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007410
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0617091
IRS990/CashNonInterestBearingGrp/EOYAmt041697
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0594898
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0594898
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0123350
IRS990/ContractorCompensationGrp/CompensationAmt1192373
IRS990/ContractorCompensationGrp/CompensationAmt2284886
IRS990/ContractorCompensationGrp/CompensationAmt3122622
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0389 ROUTE 79 BLGG 5
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11 MADISON ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2389 ROUTE 79
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3345 E MAIN ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MORGANVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1EAST RUTHERFORD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MORGANVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CHESTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd007751
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd107073
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd207751
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd307930
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SILVERCON ELECTRICAL CONTRACTING SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1TECHNOTIME BUSINESS SOLUTIONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2REYCO CONSTRUCTION CO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3MACHIO FOOD SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1IT SERVICES
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt085383
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01811381
IRS990/CYOtherRevenueAmt038543
IRS990/CYProgramServiceRevenueAmt05757556
IRS990/CYRevenuesLessExpensesAmt0571388
IRS990/CYSalariesCompEmpBnftPaidAmt03498713
IRS990/CYTotalExpensesAmt05310094
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05881482
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0137894
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt087500
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0131249
IRS990/DepreciationDepletionGrp/TotalAmt0218749
IRS990/Desc0iLearn Schools, Inc. is a non-profit Charter Management Organization (CMO) that provides specialized educational and management services, including operational and administrative supports, for schools.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt067
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03680397
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0164452
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0246677
IRS990/FeesForServicesManagementGrp/TotalAmt0411129
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSE MARTINEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1GLENNY ADAMES
IRS990/Form990PartVIISectionAGrp/PersonNm2PENNY YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm3MUSTAFA COBAN
IRS990/Form990PartVIISectionAGrp/PersonNm4YUNUS KULOGLU
IRS990/Form990PartVIISectionAGrp/PersonNm5NIHAT GUVERCIN
IRS990/Form990PartVIISectionAGrp/PersonNm6YANIVIS HAGE
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD ARSLAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3106579
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4104171
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5169056
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6109698
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7105394
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt4COO
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIR FACILITIES
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt08219
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06104699
IRS990/GrossRentsGrp/RealAmt0261760
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt022159
IRS990/InsuranceGrp/ProgramServicesAmt033239
IRS990/InsuranceGrp/TotalAmt055398
IRS990/IntangibleAssetsGrp/BOYAmt0175000
IRS990/IntangibleAssetsGrp/EOYAmt0133333
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt046
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0177082
IRS990/LandBldgEquipBasisNetGrp/BOYAmt095974
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06820787
IRS990/LandBldgEquipCostOrOtherBssAmt06997869
IRS990/LegalDomicileStateCd0NJ
IRS990/LessRentalExpensesGrp/RealAmt0223217
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0iLearn Schools, Inc. is a non-profit Charter Management Organization (CMO) that provides specialized educational and management services, including operational and administrative supports, for schools.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04683586
IRS990/NetAssetsOrFundBalancesBOYAmt01274354
IRS990/NetAssetsOrFundBalancesEOYAmt01845741
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt038543
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt038543
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt071901
IRS990/OccupancyGrp/ProgramServicesAmt0107851
IRS990/OccupancyGrp/TotalAmt0179752
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt063016
IRS990/OfficeExpensesGrp/ProgramServicesAmt094524
IRS990/OfficeExpensesGrp/TotalAmt0157540
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0433267
IRS990/OtherAssetsTotalGrp/EOYAmt04976
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL
IRS990/OtherExpensesGrp/Desc2COMMUNICATION EXPENSE
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMENT PMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0125425
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt191759
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt256045
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320799
IRS990/OtherExpensesGrp/ProgramServicesAmt0188138
IRS990/OtherExpensesGrp/ProgramServicesAmt1137639
IRS990/OtherExpensesGrp/ProgramServicesAmt284068
IRS990/OtherExpensesGrp/ProgramServicesAmt331199
IRS990/OtherExpensesGrp/TotalAmt0313563
IRS990/OtherExpensesGrp/TotalAmt1229398
IRS990/OtherExpensesGrp/TotalAmt2140113
IRS990/OtherExpensesGrp/TotalAmt351998
IRS990/OtherLiabilitiesGrp/EOYAmt043612
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0228947
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02471533
IRS990/OtherSalariesAndWagesGrp/TotalAmt02700480
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0300
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt033286
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt081334
IRS990/PayrollTaxesGrp/ProgramServicesAmt0122001
IRS990/PayrollTaxesGrp/TotalAmt0203335
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05757556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05757556
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077471
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01167141
IRS990/PYProgramServiceRevenueAmt04796251
IRS990/PYRevenuesLessExpensesAmt0834310
IRS990/PYSalariesCompEmpBnftPaidAmt02872271
IRS990/PYTotalExpensesAmt04039412
IRS990/PYTotalRevenueAmt04873722
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0571388
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt038543
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt085383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt075459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0176474
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05757556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04796251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04095043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03282822
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017931672
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt038543
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02012
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01489
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01904
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043948
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt018108146
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05842939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04871710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04103888
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03289609
IRS990ScheduleA/Total509Grp/TotalAmt018108146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05881482
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04873722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04105377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03291513
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018152094
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01821972
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01878364
IRS990ScheduleD/EquipmentGrp/BookValueAmt0229638
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062842
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0292480
IRS990ScheduleD/LandGrp/BookValueAmt02559900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02559900
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02209277
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt057848
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02267125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06820787
IRS990ScheduleD/TotalLiabilityAmt043612
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0169056
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NIHAT GUVERCIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,182,091
Liabilities
$5,336,350
Net assets
$1,845,741
Revenue
$5,881,482
Expenses
$5,310,094
Net income
$571,388
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.6$41.5$17.0$17.5$13.7$3.82
2023Detailed filing. Detailed filing data is available for this year.$17.4$4.21$13.2$12.6$8.88$3.76
2022Detailed filing. Detailed filing data is available for this year.$13.1$3.67$9.47$10.6$7.16$3.42
2021Detailed filing. Detailed filing data is available for this year.$13.4$7.36$6.04$8.69$6.24$2.46
2020Detailed filing. Detailed filing data is available for this year.$8.79$5.21$3.59$7.30$5.56$1.74
2019Detailed filing. Detailed filing data is available for this year.$7.18$5.34$1.85$5.88$5.31$0.57
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.05$1.27$4.87$4.04$0.83
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.13$0.44$4.11$3.72$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.27$0.05$3.29$3.24$0.05