Charter School Finance And Development Inc
- Assets
- $1.5m
- Revenue
- $191.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- Data as of
- 06/2023
- EIN
- 83-3318192
Organization Overview
Charter School Finance And Development Inc is located in Schaumburg, IL. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter School Finance And Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Charter School Finance And Development Inc generated $191.8k in total revenue. All expenses for the organization totaled $186.9k during the year ending 06/2023. While expenses have increased by 61.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVE LOANS TO 5 NON PROFIT SCHOOLS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kairat Mavlyankulov CFO | 20 | $40,872 | |
Joseph J Hill CEO | 5 | $0 | |
Savas Kaya President | 1 | $0 | |
Ozer Asdemir Treasurer | 1 | $0 | |
Rebecca Salvo Board Member | 1 | $0 | |
Larita Mimms Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $191,838 |
| Total Revenue | $191,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,872 |
| Other employee salaries and wages | $5,250 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,528 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,773 |
| Printing and publications | $0 |
| Other expenses | $82,565 |
| Total operating and administrative expenses | $186,895 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $186,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,717 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $13,036 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,163,972 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,620 |
| Total assets | $1,470,345 |
| Accounts payable and accrued expenses | $3,166 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,157,557 |
| Other liabilities | $0 |
| Total liabilities | $1,160,723 |