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TO OPERATE PUBLIC CHARTER SCHOOLS FOCUSED ON STEM-R (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS, & READING) CURRICULUM.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$40.7M
Program Spending
97%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$39.3M
Total Assets
$154.8M
Total Liabilities
▼$139.3M
Net Assets
$15.5M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
6
Clean Audits
6
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $7.3M | No | 2026-03-19 |
| 2024 | Clean | Unmodified (Clean) | $2.4M | No | 2025-03-31 |
| 2023 | Clean | Unmodified (Clean) | $1.9M | No | 2024-02-20 |
| 2022 | Clean | Unmodified (Clean) | $1.4M | No | 2023-03-11 |
| 2021 | Clean | Unmodified (Clean) | $1.1M | No | 2022-03-03 |
| 2017 | Clean | Unmodified (Clean) | $780.7K | No | 2018-01-22 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$780.7K
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $40.7M | $0 | $39.3M | $154.8M | $15.5M |
| 2022IRS e-File | $35.7M | $0 | $33.4M | $153.3M | $14.1M |
| 2021 | $29.3M | $0 | $26.7M | $22.2M | $9M |
| 2020 | $25.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Mr Ibrahim Sabuncu | Vice President | 1 | $0 | $0 | $0 | $0 |
| Mr David Fortna | President | 2 | $0 | $0 | $0 | $0 |
Mr Ibrahim Sabuncu
Vice President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr David Fortna
President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Yalcin Akin | Executive Director | 40 | $173.7K | $0 | $0 | $173.7K |
Dr Yalcin Akin
Executive Director
$173.7K
Hrs/Wk
40
Compensation
$173.7K
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Jayaram Brindala | Member | 1 | $0 | $0 | $0 | $0 |
| Dr Murat Yuksel | Member | 1 | $0 | $0 | $0 | $0 |
| Mr A Ergin Colak | Member | 40 | $0 | $0 | $0 | $0 |
Dr Jayaram Brindala
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dr Murat Yuksel
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr A Ergin Colak
Member
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
| $29.1K |
| $23.7M |
| $27.6M |
| $10.1M |
| 2019 | $23.2M | $19.1K | $20.6M | $21.3M | $8.2M |
| 2018 | $17.4M | $257.9K | $15.6M | $19.2M | $5.6M |
| 2017 | $15.2M | $780.7K | $13.6M | $15.2M | $3.8M |
| 2016 | $11.9M | $296K | $10.5M | $8.2M | $2.2M |
| 2015 | $8.2M | $7,710 | $7.7M | $6.7M | $762.6K |
| 2014 | $5.8M | $2,886 | $5.4M | $4.1M | $1.4M |
| 2013 | $4.9M | $0 | $4.5M | $1.1M | $1.1M |
| 2012 | $3.2M | $7,959 | $2.9M | $665.6K | $656.5K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990-EZ | — |