ILEARN SCHOOLS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ILEARN SCHOOLS INC (EIN 47-3603519)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202531349349313768
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T23:46:08-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273263553PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GALLEROS ROBINSONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1115 DAVIS STATION RDAddressLine1Txt
CityCREAM RIDGECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08514ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473603519EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ILEARN SCHOOLS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlILEABusinessNameControlTxt
Phone2017739140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133-00 BROADWAY SUITE 301AddressLine1Txt
CityFAIR LAWNCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07410ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMUSTAFA COBANPersonNm
Person TitleCFOPersonTitleTxt
Phone2017739140PhoneNum
Signature2025-05-14SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONORA GALLEROSPreparerPersonNm
PTINP00181670PTIN
Phone6469210400PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMUSTAFA COBANPrincipalOfficerNm
Gross Receipts$17,497,755GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ILEARNSCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionILEARN SCHOOLS, INC. IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION (CMO) THAT PROVIDES SPECIALIZED EDUCATIONAL AND MANAGEMENT SERVICES INCLUDING OPERATIONAL AND ADMINISTRATIVE SUPPORT FOR SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee75TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$81,394PYContributionsGrantsAmt
CY Contributions Grants$689,114CYContributionsGrantsAmt
PY Program Service Revenue$10,563,120PYProgramServiceRevenueAmt
CY Program Service Revenue$14,037,289CYProgramServiceRevenueAmt
PY Investment Income$2,038PYInvestmentIncomeAmt
CY Investment Income$23,458CYInvestmentIncomeAmt
PY Other Revenue$1,991,094PYOtherRevenueAmt
CY Other Revenue$2,747,894CYOtherRevenueAmt
PY Total Revenue$12,637,646PYTotalRevenueAmt
CY Total Revenue$17,497,755CYTotalRevenueAmt
PY Grants And Similar Paid$289,112PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$66,882CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,310,806PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,326,396CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,281,048PYOtherExpensesAmt
CY Other Expenses$6,283,915CYOtherExpensesAmt
PY Total Expenses$8,880,966PYTotalExpensesAmt
CY Total Expenses$13,677,193CYTotalExpensesAmt
PY Revenues Less Expenses$3,756,680PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,820,562CYRevenuesLessExpensesAmt
Total Assets BOY$17,435,341TotalAssetsBOYAmt
Total Assets EOY$58,568,345TotalAssetsEOYAmt
Total Liabilities BOY$4,209,338TotalLiabilitiesBOYAmt
Total Liabilities EOY$41,521,780TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,226,003NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,046,565NetAssetsOrFundBalancesEOYAmt
MissionILEARN SCHOOLS, INC. IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION (CMO) THAT PROVIDES SPECIALIZED EDUCATIONAL AND MANAGEMENT SERVICE INCLUDING OPERATIONAL AND ADMINISTRATIVE SUPPORT FOR SCHOOLS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$9,445,048ExpenseAmt
Grant$66,882GrantAmt
Revenue$16,785,183RevenueAmt
DescILEARN SCHOOLS, INC. IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION (CMO) THAT PROVIDES SPECIALIZED EDUCATIONAL AND MANAGEMENT SERVICES INCLUDING OPERATIONAL AND ADMINISTRATIVE SUPPORT FOR SCHOOLS. DURING THE YEAR ENDED JUNE 30, 2024, IT SUPPORTED FIVE CHARTER SCHOOLS (FOUR IN NEW JERSEY AND ONE IN THE BRONX, NEW YORK CITY).Desc
Total Program Service Expenses$9,445,048TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document95IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee75EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMUSTAFA COBANPersonNm
Phone2017739140PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133-00 BROADWAY SUITE 301AddressLine1Txt
CityFAIRLAWNCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07410ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
NIHAT GUVERCIN
CEO39.001.00Yes (X)$255,916$0$20,736
YANIVIS HAGE
CHIEF TALENT40.000.00$175,453$0$23,078Yes (X)
MUSTAFA COBAN
CFO39.001.00Yes (X)$177,766$0$14,575
MARJORIE RENAHAN
CHIEF SPECIA40.00$175,375$0$13,948Yes (X)
AARON KUL
COO39.001.00Yes (X)$164,902$0$23,439
FRED ORCUN
CHIEF INNOVA40.00$158,926$0$22,991Yes (X)
GURKAN KOSE
CHIEF ACAD.40.00$169,398$0$12,517Yes (X)
ELION LIMANAJ
SOFTWARE DEV40.00$118,906$0$19,035Yes (X)
MURTAZA OZDEMIR
ASSESS & TEC40.00$112,156$0$23,284Yes (X)
YASIN KARAKAYA
INFO TECH DI40.00$114,136$0$19,631Yes (X)
MUNIBE BAHAR
SENIOR DIR-40.00$114,084$0$11,897Yes (X)
GREGORY DEL RUSSO
GRANT DEV DI40.00$123,770$0$7,286Yes (X)
JOSE MARTINEZ
PRESIDENT2.001.00Yes (X)$0$0$0Yes (X)
GLENNY ADAMES
VICE PRESIDE2.001.00Yes (X)$0$0$0Yes (X)
PERNO YOUNG
TREASURER2.001.00Yes (X)$0$0$0Yes (X)
OZGUR DOGRU
TRUSTEE2.001.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,860,788TotalReportableCompFromOrgAmt
Total Other Compensation$212,417TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CHLIC
PO BOX 644546PITTSBURGHPA15264HEALTHCARE$775,264
SEPHARI CONSULTING
869 S MAPLE AVENUEGLEN ROCKNJ07542ARCHITECT SERVI$252,099
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$645,750GovernmentGrantsAmt
All Other Contributions$43,364AllOtherContributionsAmt
Total Contributions$689,114TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMANAGEMENT FEESDesc
Business561000BusinessCd
Total Revenue Column$14,037,289TotalRevenueColumnAmt
Related Or Exempt Func Income$14,037,289RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$14,037,289TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,458TotalRevenueColumnAmt
Exclusion$23,458ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,706,164RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,706,164RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,706,164TotalRevenueColumnAmt
Related Or Exempt Func Income$2,706,164RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$41,730TotalRevenueColumnAmt
Related Or Exempt Func Income$41,730RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$41,730OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,497,755TotalRevenueColumnAmt
Related Or Exempt Func Income$16,785,183RelatedOrExemptFuncIncomeAmt
Exclusion$23,458ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$66,882TotalAmt
Program Services$66,882ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$710,858TotalAmt
Program Services$426,516ProgramServicesAmt
Management And General$284,342ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,949,594TotalAmt
Program Services$3,834,406ProgramServicesAmt
Management And General$1,115,188ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$429,517TotalAmt
Program Services$257,710ProgramServicesAmt
Management And General$171,807ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$840,395TotalAmt
Program Services$504,236ProgramServicesAmt
Management And General$336,159ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$396,032TotalAmt
Program Services$237,619ProgramServicesAmt
Management And General$158,413ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$156,712TotalAmt
Program Services$94,027ProgramServicesAmt
Management And General$62,685ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$35,820TotalAmt
Program Services$21,492ProgramServicesAmt
Management And General$14,328ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$947,325TotalAmt
Program Services$564,165ProgramServicesAmt
Management And General$383,160ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$45,719TotalAmt
Program Services$27,431ProgramServicesAmt
Management And General$18,288ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$753,253TotalAmt
Program Services$575,072ProgramServicesAmt
Management And General$178,181ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$809,376TotalAmt
Program Services$530,556ProgramServicesAmt
Management And General$278,820ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,701TotalAmt
Program Services$5,821ProgramServicesAmt
Management And General$3,880ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$983,564TotalAmt
Program Services$737,673ProgramServicesAmt
Management And General$245,891ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,323,725TotalAmt
Program Services$794,235ProgramServicesAmt
Management And General$529,490ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$188,243TotalAmt
Program Services$112,946ProgramServicesAmt
Management And General$75,297ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MISCELLANEOUS$385,418$231,251$154,167
REPAIRS AND MAINTENANCE$268,568$161,141$107,427
STAFF DEVELOPMENT$200,490$150,368$50,122
RECRUITEMENT$121,121$72,673$48,448

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$54,880TotalAmt
Program Services$38,828ProgramServicesAmt
Management And General$16,052ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,677,193TotalAmt
Program Services$9,445,048ProgramServicesAmt
Management And General$4,232,145ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$635,829BOYAmt
EOY$408,277EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$311,389EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$242,122BOYAmt
EOY$284,746EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$661,023BOYAmt
EOY$343,743EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$66,625BOYAmt
EOY$82,437EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,315,224LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,778,262LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,032,535BOYAmt
EOY$19,536,962EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$32,000BOYAmt
EOY$174,720EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,765,207BOYAmt
EOY$37,426,071EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,435,341BOYAmt
EOY$58,568,345EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$123,755BOYAmt
EOY$194,066EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$16,128BOYAmt
EOY$1,335,930EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,292,342BOYAmt
EOY$7,786,433EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$777,113BOYAmt
EOY$32,205,351EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,209,338BOYAmt
EOY$41,521,780EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,226,003BOYAmt
EOY$17,046,565EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,226,003BOYAmt
EOY$17,046,565EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,435,341BOYAmt
EOY$58,568,345EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,820,562ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$55,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,395CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,106CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$81,394CurrentTaxYearMinus1YearAmt
Current Tax Year$689,114CurrentTaxYearAmt
Total$912,939TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,581,152CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,122,971CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,537,842CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,554,214CurrentTaxYearMinus1YearAmt
Current Tax Year$16,785,183CurrentTaxYearAmt
Total$53,581,362TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,637,082CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,147,366CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,599,948CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,635,608CurrentTaxYearMinus1YearAmt
Current Tax Year$17,474,297CurrentTaxYearAmt
Total$54,494,301TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$54,494,301PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,038CurrentTaxYearMinus1YearAmt
Current Tax Year$23,458CurrentTaxYearAmt
Total$25,496TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,038CurrentTaxYearMinus1YearAmt
Current Tax Year$23,458CurrentTaxYearAmt
Total$25,496TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,543CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$43,479CurrentTaxYearMinus3YearsAmt
Total$82,022TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,675,625CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,190,845CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,599,948CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,637,646CurrentTaxYearMinus1YearAmt
Current Tax Year$17,497,755CurrentTaxYearAmt
Total$54,601,819TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99800PublicSupportCY509Pct
Public Support PY5090.99710PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III, LINE 12FormAndLineReferenceDesc
ExplanationMISCELLANEOUS 82,022ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,834,275OtherCostOrOtherBasisAmt
Book Value$2,834,275BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,698,281OtherCostOrOtherBasisAmt
Depreciation$513,754DepreciationAmt
Book Value$5,184,527BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,915,536OtherCostOrOtherBasisAmt
Depreciation$829,155DepreciationAmt
Book Value$8,086,381BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$465,649OtherCostOrOtherBasisAmt
Depreciation$361,609DepreciationAmt
Book Value$104,040BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,401,483OtherCostOrOtherBasisAmt
Depreciation$73,744DepreciationAmt
Book Value$3,327,739BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$19,536,962TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
FINANCE RIGHT-OF-USE ASSETS$30,518,743
OPERATING RIGHT-OF-USE ASSETS$3,428,346
DUE FROM AFFILIATE$2,321,868
ESCROW DEPOSIT$1,064,112
SECURITY DEPOSITS$82,332
DEFERRED FINANCING COST$10,670
FieldValueIRS element (for citing)
Total Book Value Other Assets$37,426,071TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
FINANCE LEASE LIABILITIES$31,087,738
OPERATING LEASE LIABILITIES$594,422
DUE TO AFFILIATES$332,050
SECURITY DEPOSITS$191,141
FieldValueIRS element (for citing)
Total Liability$32,205,351TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2021. CURRENTLY, THERE ARE NO AUDITS IN PROGRESS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP15$30,000
FINANCIAL ASSISTANCE601$36,882

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
NIHAT GUVERCIN
CEO$255,916$20,736$276,652
YANIVIS HAGE
CHIEF TALENT OFFICER$175,453$23,078$198,531
MUSTAFA COBAN
CFO$177,766$14,575$192,341
MARJORIE RENAHAN
CHIEF SPECIAL PROGRA$175,375$13,948$189,323
AARON KUL
COO$164,902$23,439$188,341
FRED ORCUN
CHIEF INNOVATION OFF$158,926$22,991$181,917
GURKAN KOSE
CHIEF ACAD. OFFICER$169,398$12,517$181,915

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE DRAFT FORM 990 IS PROVIDED TO THE BOARD MEMBERS VIA E-MAIL FOR REVIEW, COMMENT AND APPROVAL BEFORE MAILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND KEY PERSONNEL TO DISCLOSE ALL FINANCIAL INTEREST OR RELATIONSHIPS THAT CONSTITUTE CONFLICT OR POTENTIAL CONFLICT OF INTEREST. ANY VOTING MEMBER IS EXCLUDED FROM VOTING ON MATTERS RELATED TO THE CONFLICT OR POTENTIAL CONFLICT.
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION OF KEY AND OTHER EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD BEFORE EMPLOYMENT CONTRACTS WITH NEW OR CONTINUING EMPLOYEES ARE EXECUTED. SALARY OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE BOARD BASED ON COMPARABLE COMPENSATION OFFERED IN THE AREA AND NEIGHBORING ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 15BCOMPENSATION OF KEY AND OTHER EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD BEFORE EMPLOYMENT CONTRACTS WITH NEW OR CONTINUING EMPLOYEES ARE EXECUTED. SALARY OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE BOARD BASED ON COMPARABLE COMPENSATION OFFERED IN THE AREA AND NEIGHBORING ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT 33-00 BROADWAY, SUITE 301, FAIR LAWN, NJ 07410 OR BY CALLING (201) 773-9140.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
2778 BRUCKNER BLVD OWNER LLC
33-00 BROADWAY SUITE 301FAIR LAWNNJ07410PERFORM FUNY$150,000ILEARN SCH
2800 BRUCKNER BLVD OWNER LLC
33-00 BROADWAY SUITE 301FAIR LAWNNJ07410PERFORM FUNY$175,000ILEARN SCH

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ILEARN FACILITY DEVELOPMENT INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line133-00 BROADWAY SUITE 301AddressLine1Txt
CityFAIR LAWNCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07410ZIPCd
FieldValueIRS element (for citing)
EIN880744649EIN
Primary ActivitiesPERFORM FUPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status12BPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ILEARN SCHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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