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Concept Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030503751 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Concept Schools Inc?

Concept Schools Inc, located at 1336 Basswood Rd, Schaumburg, IL, 60173, is a nonprofit organization dedicated to the charter school sector. With a team of 431 employees, their primary mission is to manage and oversee the educational, technical, and administrative functions of their member charter schools. This includes providing operational support and ensuring the success of these institutions. The organization's focus on charter schools underscores its commitment to expanding educational opportunities and fostering academic excellence within its community.


Official website here: www.conceptschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Concept Schools Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization's score is based entirely on accountability and finance metrics, where it has excelled in areas such as having a fully independent board and a low liabilities to assets ratio. This high rating suggests that the nonprofit effectively utilizes its resources and maintains clear oversight.

Strengths of Concept Schools Inc include its robust financial practices, evidenced by a program expense ratio of 93.75%, indicating that a significant portion of its expenditures supports its mission-driven programs. The organization also scores well in governance, with policies in place for conflict of interest, whistleblower protections, and document retention. These factors contribute to its transparency and operational integrity.

While the data does not point to any significant limitations, ongoing vigilance in maintaining these standards will be essential for Concept Schools Inc to uphold its rating and continue fostering trust among its stakeholders and the community it serves. Overall, the organization appears to be well-managed and dedicated to its educational mission.


This AI summary has been generated from information found on Charity Navigator.

Is Concept Schools Inc legitimate?

Concept Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concept Schools Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $513,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,836,538

For more financial information, click here


Official website here: www.conceptschools.org

What is the mission statement of Concept Schools Inc?

Concept Schools Inc is dedicated to operating charter schools and providing oversight and supervision for the educational, technical, and administrative functions of its member institutions. The organization's primary goal is to ensure the smooth running of its charter schools by offering management and operational services. By doing so, Concept Schools Inc aims to contribute to the overall success and development of its member schools. The organization's commitment extends beyond day-to-day operations, as it strives to support its schools in providing quality education to their students. Through its services, Concept Schools Inc plays a crucial role in the effective management and operation of its charter schools.


Official website here: www.conceptschools.org

Who is the CEO of Concept Schools Inc?

Ryan Uysaler is the Board Chair of Concept Schools Inc. The CEO's salary of Concept Schools Inc is $192,128 and their total compensation is $217,011.


Official website here: www.conceptschools.org

What is the revenue of Concept Schools Inc?

Concept Schools Inc's revenue in 2023 was $66,205,592.


Official website here: www.conceptschools.org

Who are the executives of Concept Schools Inc and what are their salaries?

The average compensation at Concept Schools Inc during 2023 was $63,458. There are 431 employees and 6 volunteers at Concept Schools Inc.


Here are 14 key members and their salaries (Concept Schools Inc's CEO's salary is $192,128 and their total compensation is $217,011):


Ahmet Uysal (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maruf Babaev (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mustafa Kaya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serdar Gurses (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abdullah Arslan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roziel Reyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Uslu (Vice President / Chief Aca)
  • Compensation: $130,771
  • Related: $0
  • Other: $21,901
Sedat Duman (President & Ceo)
  • Compensation: $192,128
  • Related: $0
  • Other: $24,883
Ryan Uysaler (Cfo)
  • Compensation: $130,890
  • Related: $0
  • Other: $13,359
Christopher Murphy (Chief Strategic Growth & C)
  • Compensation: $116,134
  • Related: $0
  • Other: $18,377
Latif Uzunel (Director Of Software Devel)
  • Compensation: $141,586
  • Related: $0
  • Other: $22,420
Gultekin Aytekin (Chief Accountability And H)
  • Compensation: $127,485
  • Related: $0
  • Other: $18,919
David Disli (Coo)
  • Compensation: $114,604
  • Related: $0
  • Other: $21,188
Mustafa Genc (Chief Legal Officer)
  • Compensation: $114,698
  • Related: $0
  • Other: $21,354


Official website here: www.conceptschools.org

Where can I find the form 990 for Concept Schools Inc?

Concept Schools Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.conceptschools.org

Learn more at the official website: www.conceptschools.org

Mission Statement of Concept Schools Inc

Concept Schools Inc, a nonprofit organization, is dedicated to the operation and management of charter schools. With a primary focus on charter schools, Concept Schools provides essential oversight and supervision to the educational, technical, and administrative functions of its esteemed member institutions.

In essence, Concept Schools serves as a supportive partner to its charter schools, ensuring their success through expert guidance and robust management. By assuming responsibility for the day-to-day operations, the organization enables member charter schools to focus on their core mission: providing quality education to their students.

Concept Schools' role extends far beyond mere oversight. The organization takes a hands-on approach, offering valuable resources and expertise to its member schools, driving improvements in teaching, learning, and overall school performance. This collaborative approach fosters a culture of excellence, empowering charter schools to reach their full potential and make a lasting impact on their communities.

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Impact




October, 2024

Concept Schools Inc significantly impacts the educational landscape by operating and managing a network of charter schools. Focused on enhancing the academic experience, it provides essential oversight and supervision across various functions, including educational, technical, and administrative areas, for its member charter schools. This comprehensive approach ensures that schools meet high standards of education and operational efficiency, fostering an environment where students can thrive academically.

Based in Schaumburg, IL, Concept Schools Inc's commitment to quality education promotes innovation and excellence while addressing the diverse needs of students and communities. By facilitating access to quality educational options, it empowers families and contributes to positive educational outcomes, reflecting its mission to uplift and support student achievement throughout the charter school network.




This information is meant to be a general summary of Concept Schools Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$66,205,592 (2023)
Expenses
$45,068,951 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $888,726
  • Program Service Revenue: $53,061,005
  • Gross Receipts: $66,205,592

Assets and Liabilities:

  • Total Assets: $103,646,552
  • Total Liabilities: $29,164,727
  • Net Assets: $74,481,825

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PER CAPITA TUITION

Revenue

$34,449,172

MANAGEMENT FEES

Revenue

$18,611,833

Organization Details

Founding Year

2002

Principal Officer

Ryan Uysaler

Main Address

1336 BASSWOOD RD, SCHAUMBURG, IL, 60173

NTEE Category

Code: B25 - Education

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