Noble Network of Charter Schools
Also known as Noble Schools
Noble Network of Charter Schools reported $230.3 million in revenue and $236.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.26 went to program services, $11.50 to management and general costs and $0.24 to fundraising. Its largest source of revenue was contributions and grants: 93.0% of the total. Government grants made up 87.9%. The highest compensation it reported for one person was $373,634 (SENIOR ADVISOR (TERM 05/25)). 236 people received more than $100,000 in reportable compensation. Revenue rose 23% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $236MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $230M- Contributions & grants (non-government)$5.05 $12M
- Government grants$87.70 $203M
- Program service revenue$5.21 $12M
- Investment income$2.04 $4.7M
Other revenue was negative: −$593K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 87.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 5.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $373,634 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.16% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 236 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Noble Network of Charter Schools was established for the purpose of replicating the nationally recognized noble street charter high school, which opened in 1999. The network provides a quality education to enable the low-income population to make changes to improve their lives. The network served 11,919 students in 2025
Opened in 2010, noble day care, l3c (ndc) provides an enriching educational experience to the approximately 37 children enrolled in the program. Ndc's educational model follows a balanced approach of free exploration, natural environment learning with guidance, and built-in structured activities. Qualified teachers provide a set curriculum and prepare assessments to ensure the children are meeting developmental goals through their learning. Ndc is also an approved site for Noble Network of Charter Schools' students who can earn volunteer hours for participating in ndc activities and helping…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SENIOR ADVISOR (TERM 05/25) Officer, 40.00 hrs/week | $361,166 | $0 | $12,468 | $373,634 |
| HEAD OF SCHOOLS Highest compensated employee, 40.00 hrs/week | $252,209 | $0 | $24,266 | $276,475 |
| HEAD OF STRATEGY & EQUITY Key employee, 40.00 hrs/week | $243,460 | $0 | $24,521 | $267,981 |
| PRESIDENT Key employee, 40.00 hrs/week | $257,867 | $0 | $5,608 | $263,475 |
| CHIEF ACADEMIC OFFICER Highest compensated employee, 40.00 hrs/week | $224,470 | $0 | $18,247 | $242,717 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $219,302 | $0 | $17,627 | $236,929 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $203,609 | $0 | $24,073 | $227,682 |
| CHIEF SCHOOLS OFFICER Highest compensated employee, 40.00 hrs/week | $199,072 | $0 | $24,041 | $223,113 |
236 people received more than $100,000 in reportable compensation from Noble Network of Charter Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,059
- Volunteers Part I, line 672
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| QUEST FOOD MANAGEMENT SERVICES LLC Meals for students | $10,584,772 |
| CHICAGO PUBLIC SCHOOLS Administrative fees | $4,878,348 |
| BULLEY & ANDREWS LLC Construction | $1,360,635 |
| THE STEPPING STONES GROUP LLC Clinician services | $951,804 |
| HAYES MECHANICAL Construction | $572,458 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Private foundation grants it received
19 private foundations reported grants to Noble Network of Charter Schools totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Noble Network of Charter Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Noble Network of Charter Schools, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Noble Network of Charter Schools spent in FY2025, $88.26 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Green Dot Public SchoolsLos Angeles, CA · revenue $230M · programs 88.8% · FY2025
- Lake Erie College of Osteopathic MedicineErie, PA · revenue $230M · programs 78.3% · FY2025
- Lindenwood Education SystemSt Charles, MO · revenue $230M · programs 82.2% · FY2025
- St Ambrose UniversityDavenport, IA · revenue $231M · programs 84.2% · FY2025
- University of the CumberlandsWilliamsburg, KY · revenue $229M · programs 93.8% · FY2025
Questions people ask
How much of Noble Network of Charter Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Noble Network of Charter Schools reported that 88.3% of its $236.3 million in expenses went to program services, 11.5% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Noble Network of Charter Schools pay its top executive?
The largest total compensation Noble Network of Charter Schools reported for one person in the fiscal year ending June 30, 2025 was $373,634, for the role of SENIOR ADVISOR (TERM 05/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Noble Network of Charter Schools get its money?
Of $230.3 million in revenue in the fiscal year ending June 30, 2025, 93.0% came from contributions and grants (including 87.9% from government grants) and 5.2% from program service revenue (Form 990, Part VIII).
Is Noble Network of Charter Schools a registered charity?
The IRS lists EIN 36-4241970 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601279349302230 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349305256 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411319349304581 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340749349300524 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200559349301035 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101209349300135 · read the filing
All filings for EIN 36-4241970: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.