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The Chicago Math & Science Academy Charter School

Chicago, IL · EIN 45-0532536 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Chicago Math & Science Academy Charter School reported $11.6 million in revenue and $11.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.16 went to program services, $24.34 to management and general costs and $1.50 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.8% of the total. Government grants made up 8.0%. The highest compensation it reported for one person was $136,825 (PRINCIPAL). 3 people received more than $100,000 in reportable compensation. Revenue rose 38% 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 $12M

For 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 $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
24.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.17$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
8.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
86.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$136,825$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.18%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.613.3
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

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 expense
$8.6M expenses · 100.0% of program spending · revenue $10M

Providing education to youth in grades sixth through twelfth. During the fiscal year the school served 599 students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRINCIPAL
Officer, 40.00 hrs/week
$119,339$0$17,486$136,825
ASSISTANT PRINCIPAL OF ACADEMICS
Highest compensated employee, 40.00 hrs/week
$104,740$0$23,920$128,660
TEACHER
Highest compensated employee, 40.00 hrs/week
$100,794$0$9,315$110,109

3 people received more than $100,000 in reportable compensation from The Chicago Math & Science Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $140K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M74.2%$5.4M$136,825
FY2024 ⓘ$11M$11M73.2%$5.4M$129,065
FY2023 ⓘ$12M$11M71.8%$5.6M$133,571
FY2022 ⓘ$10M$9.2M70.4%$4.5M$109,897
FY2021 ⓘ$8.8M$7.8M69.9%$3.5M$93,000
FY2020 ⓘ$8.3M$7.7M72.1%$2.5M—

Governance 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–1b5 · 5 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 4No
  • 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 589
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CONCEPT SCHOOLS INC
Management services
$772,180
THE STEPPING STONES GROUP
Staffing services
$211,392
KOKUA EDUCATION
Staffing services
$152,711

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to The Chicago Math & Science Academy Charter School totaling $128K 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 The Chicago Math & Science Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Chicago Math & Science Academy Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

How much of The Chicago Math & Science Academy Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, The Chicago Math & Science Academy Charter School reported that 74.2% of its $11.6 million in expenses went to program services, 24.3% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does The Chicago Math & Science Academy Charter School pay its top executive?

The largest total compensation The Chicago Math & Science Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $136,825, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Chicago Math & Science Academy Charter School get its money?

Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 8.8% came from contributions and grants (including 8.0% from government grants) and 86.8% from program service revenue (Form 990, Part VIII).

Is The Chicago Math & Science Academy Charter School a registered charity?

The IRS lists EIN 45-0532536 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 202621319349304417 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521079349300902 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349301789 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331189349300343 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133549349300503 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120489349300347 · read the filing

All filings for EIN 45-0532536: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.