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Nonprofit · EIN 47-1404089

UNCHARTED LEARNING NFP

Tax-exempt · BARRINGTON, IL 60010

Financials

$2.1M$2.2M2021$2.4M$2.3M2023$2.8M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of UNCHARTED LEARNING NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,809,250$2,675,727$133,523$2,021,392$32,203$1,989,189
June 30, 2024990$2,353,063$2,282,555$70,508$1,750,328$38,656$1,711,672
June 30, 2022990$2,149,865$2,173,380-$23,515$1,966,427$100,000$1,866,427
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$97,384
Program service revenue
$2,665,477
Investment income
$46,389
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,415,650
Salaries, compensation and benefits (total)
$1,669,301
Professional fundraising fees
$0
Legal fees
$5,255
Accounting fees
$11,085
Occupancy
$35,292
Program services (functional)
$2,247,678
Management and general (functional)
$428,049

Balance sheet and other

Total assets, start of year
$1,750,328
Total assets, end of year
$2,021,392
Total liabilities, end of year
$32,203
Net assets, end of year
$1,989,189
Publicly traded securities
$1,830,999
Net assets without donor restrictions
$1,989,189
Gross receipts
$2,809,250
Employees
13
Year formed
2014
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHRISTINE SCOTTEXECUTIVE DI
Officer
40$163,388
MARGARITA GELESKECHIEF EVANGE
Officer
40$152,595
KARL FRUECHTDIRECTOR
Trustee or director
40$142,308
MICHAEL MILESDIRECTOR
Trustee or director
–$0
THOMAS LEONARDDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
KARL FRUECHTDIRECTOR
Trustee or director
–$0
MICHAEL MILESDIRECTOR
Trustee or director
–$0
MARGARITA GELESKEOFFICER
Officer
–$0
CHRISTINE SCOTTOFFICER
Officer
–$0
THOMAS LEONARDDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2022: 5 people
NameTitleHours / weekCompensation
KARL FRUECHTDIRECTOR
Trustee or director
–$0
MICHAEL MILESDIRECTOR
Trustee or director
–$0
MARGARITA GELESKEOFFICER
Officer
–$0
CHRISTINE SCOTTOFFICER
Officer
–$0
THOMAS LEONARDDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
234 JAMES ST STE 6, BARRINGTON, IL 60010-3409
In care of
% KARL FRUECHT
Mailing address (990-N for 2014)
831 S Country Drive, Barrington IL 60010
Principal officer (990 for 2024)
CHRISTINE SCOTT, 535 DIVISION, BARRINGTON, IL 60010
Principal officer (990-N for 2014)
Karl Fruecht, 831 S Country Drive, Barrington IL 60010
Signed the 990
CHRISTINE SCOTT, EXECUTIVE DIRECTOR
Phone
(847) 508-2635
Return prepared by
NRACPA LLC

Mission

THE ORGANIZATION'S MISSION IS TO EQUIP STUDENTS WITH THE REAL-WORLD SKILLS THEY NEED, TO HELP INSPIRE THEM TO DISCOVER THIER PASSIONS, STRENGTHEN THEIR CAPABILITIES AND CREATE THEIR OWN FUTURES.

990 for the year ended June 30, 2025

Program accomplishments

  • THE INCUBATOREDU PROGRAM OFFERS STUDENTS AN AUTHENTIC ENTERPRENEURSHIP EXPERIENCE. STUDENTS HAVE THE OPPORTUNITY TO CREATE AND FULLY DEVELOP THEIR OWN PRODUCT OR SERVICE. REAL ENTERPRENEURS AND BUSINESS EXPERTS SERVE AS VOLUNTEER COACHES AND MENTORS GUIDING STUDENT TEAMS THROUGH THE LEAN STARTUP PROCESSES OF DEVELOPING HYPOTHESES ABOUT A BUSINESS CONCEPT, TESTING THOSE HYPOTHESES, ADAPTING, AND CONTINUALLY LEARNING AND IMPROVING. THIS CYCLE OF EXPERIMENTATION IS COMBINED WITH FOUNDATIONAL BUSINESS SUCH AS MARKETING AND FINANCE....
    Expenses $2,247,678 · revenue $2,665,477
  • SEE NOTE 1

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-1404089
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$2,021,392
Income (IRS master file)
$2,809,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,809,250$2,675,727$2,021,392XML
990June 2024$2,353,063$2,282,555$1,750,328XML
990June 2023$2,090,094$2,533,515$1,560,100IRS
990June 2022$2,149,865$2,173,380$1,966,427XML
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2014
Officer: Karl Fruecht
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1404089).

Questions about UNCHARTED LEARNING NFP

What is the EIN of UNCHARTED LEARNING NFP?
The employer identification number (EIN) of UNCHARTED LEARNING NFP is 47-1404089.
Is UNCHARTED LEARNING NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to UNCHARTED LEARNING NFP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNCHARTED LEARNING NFP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNCHARTED LEARNING NFP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNCHARTED LEARNING NFP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNCHARTED LEARNING NFP?
The 990 for the year ended June 30, 2025 names CHRISTINE SCOTT.
Who are the officers and directors of UNCHARTED LEARNING NFP?
The 990 for the year ended June 30, 2025 lists 5 people; 3 received compensation from the organization, the highest $163,388 (CHRISTINE SCOTT, EXECUTIVE DI).
How much revenue does UNCHARTED LEARNING NFP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,809,250, expenses of $2,675,727 and total assets of $2,021,392 at year end.

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