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Intrinsic Schools

Chicago, IL · EIN 45-5454261 · 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

Intrinsic Schools reported $42.2 million in revenue and $37.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.33 went to program services, $9.22 to management and general costs and $0.45 to fundraising. Its largest source of revenue was contributions and grants: 98.3% of the total. Government grants made up 79.7%. The highest compensation it reported for one person was $212,794 (CEO). 26 people received more than $100,000 in reportable compensation. Revenue rose 123% 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 $38M

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 $42M

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)
90.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%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
98.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
79.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$212,794$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.56%1.28%
People paid over $100,000
Part VII, line 2
268
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.413.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

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
$34M expenses · 100.0% of program spending · grants $1.1M · revenue $334K

The school is a public charter school that promises to integrate technology into teaching and learning in order to personalize the experience for each student. Each student will have an individual mobile device. In order to prepare all their students for 21st century postsecondary success, the school will provide all students with real world experiences. The school served 938 students at the seventh through twelfth grade levels at the belmont campus and 691 students at the downtown campus at the ninth and tenth grade level for the years ended june 30, 2024. For the year ended june 30, 2025…

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
CEO
Officer, 40.00 hrs/week
$203,370$0$9,424$212,794
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$172,864$0$27,236$200,100
CHIEF LEARNING OFFICER
Highest compensated employee, 40.00 hrs/week
$170,778$0$18,274$189,052
COO
Highest compensated employee, 40.00 hrs/week
$179,518$0$8,350$187,868
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$164,127$0$13,891$178,018
CHIEF OF SCHOOLS
Highest compensated employee, 40.00 hrs/week
$159,746$0$13,942$173,688

26 people received more than $100,000 in reportable compensation from Intrinsic Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $215K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$42M$38M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$42M$38M90.3%$23M$212,794
FY2024 ⓘ$35M$34M90.5%$19M$210,229
FY2023 ⓘ$33M$31M89.7%$18M$200,103
FY2022 ⓘ$28M$27M90.9%$16M$176,193
FY2021 ⓘ$21M$21M87.5%$15M$172,368
FY2020 ⓘ$19M$18M87.2%$14M$169,489

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–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • 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 5321
  • Volunteers Part I, line 624

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
THE STEPPING STONES GROUP LLC
Therapy & behavioral services
$373,808

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Intrinsic Schools totaling $3.9M 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 Intrinsic 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 Intrinsic Schools, 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 Intrinsic Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, Intrinsic Schools reported that 90.3% of its $37.7 million in expenses went to program services, 9.2% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Intrinsic Schools pay its top executive?

The largest total compensation Intrinsic Schools reported for one person in the fiscal year ending June 30, 2025 was $212,794, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Intrinsic Schools get its money?

Of $42.2 million in revenue in the fiscal year ending June 30, 2025, 98.3% came from contributions and grants (including 79.7% from government grants) and 0.8% from program service revenue (Form 990, Part VIII).

Is Intrinsic Schools a registered charity?

The IRS lists EIN 45-5454261 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 202601269349303700 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349305971 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421299349303287 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349317755 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349310862 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349303020 · read the filing

All filings for EIN 45-5454261: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.