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Nonprofit · EIN 47-3603519

ILEARN SCHOOLS INC

Tax-exempt · FAIR LAWN, NJ 07410

Financials

$12.6M$8.9M2022$17.5M$13.7M2023$26.4M$21.6M2024
Revenue Expenses · by fiscal year end
Financials of ILEARN SCHOOLS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$26,410,955$21,595,414$4,815,541$96,315,355$74,453,249$21,862,106
June 30, 2024990$17,497,755$13,677,193$3,820,562$58,568,345$41,521,780$17,046,565
June 30, 2023990$12,637,646$8,880,966$3,756,680$17,435,341$4,209,338$13,226,003
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,914,657
of which government grants
$2,762,581
Program service revenue
$20,974,193
Investment income
$83,639
Net rental income
$415,168
Other revenue
$438,466

Expenses

Grants and similar amounts paid
$2,833,464
Compensation of officers, directors and key employees
$1,901,775
Other salaries and wages
$4,560,761
Salaries, compensation and benefits (total)
$8,154,240
Professional fundraising fees
$0
Legal fees
$356,582
Accounting fees
$27,903
Occupancy
$1,037,007
Travel
$58,439
Depreciation
$2,615,236
Program services (functional)
$16,436,987
Management and general (functional)
$5,158,427

Balance sheet and other

Total assets, start of year
$58,568,345
Total assets, end of year
$96,315,355
Total liabilities, end of year
$74,453,249
Net assets, end of year
$21,862,106
Land, buildings and equipment
$44,065,671
Net assets without donor restrictions
$21,862,106
Gross receipts
$26,410,955
Employees
91
Volunteers
4
Year formed
2015
State of legal domicile
NJ

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 / weekCompensationOther / benefits
NIHAT GUVERCINCEO
Officer
39$290,178$30,415
YANIVIS HAGECHIEF PEOPLE
Key employee
40$198,590$24,895
AARON KULCOO
Officer
39$187,076$34,667
MARJORIE RENAHANCHIEF SPECIA
Key employee
40$198,210$20,699
MUSTAFA COBANCFO
Officer
39$195,079$21,558
FRED ORCUNCHIEF INNOVA
Key employee
40$180,587$34,419
GURKAN KOSECHIEF ACAD.
Key employee
40$190,915$20,233
RICHARD ARSLANSR. DIR. OF
Key employee
40$166,870$32,646
ELION LIMANAJDIR. OF SOFT
Highest-paid employee
40$127,556$28,640
GREGORY DEL RUSSODIRECTOR OF
Highest-paid employee
40$134,544$17,987
YASIN KARAKAYADIR. OF INFO
Highest-paid employee
40$124,118$28,280
MUNIBE BAHARSR. DIR. OF
Highest-paid employee
40$127,902$23,076
JOANNA ELIASR. DIR. OF
Highest-paid employee
40$127,249$17,884
JOSE MARTINEZPRESIDENT
Trustee or director, Officer
2$0$0
GLENNY ADAMESVICE PRESIDE
Trustee or director, Officer
2$0$0
2 more people on this return
NameTitleHours / weekCompensation
PERNO YOUNGTREASURER
Trustee or director, Officer
2$0
OZGUR DOGRUTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
NIHAT GUVERCINCEO
Officer
39$255,916$20,736
YANIVIS HAGECHIEF TALENT
Key employee
40$175,453$23,078
MUSTAFA COBANCFO
Officer
39$177,766$14,575
MARJORIE RENAHANCHIEF SPECIA
Key employee
40$175,375$13,948
AARON KULCOO
Officer
39$164,902$23,439
FRED ORCUNCHIEF INNOVA
Key employee
40$158,926$22,991
GURKAN KOSECHIEF ACAD.
Key employee
40$169,398$12,517
ELION LIMANAJSOFTWARE DEV
Highest-paid employee
40$118,906$19,035
MURTAZA OZDEMIRASSESS & TEC
Highest-paid employee
40$112,156$23,284
YASIN KARAKAYAINFO TECH DI
Highest-paid employee
40$114,136$19,631
GREGORY DEL RUSSOGRANT DEV DI
Highest-paid employee
40$123,770$7,286
MUNIBE BAHARSENIOR DIR-
Highest-paid employee
40$114,084$11,897
JOSE MARTINEZPRESIDENT
Trustee or director, Officer
2$0$0
GLENNY ADAMESVICE PRESIDE
Trustee or director, Officer
2$0$0
PERNO YOUNGTREASURER
Trustee or director, Officer
2$0$0
OZGUR DOGRUTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
NIHAT GUVERCINCEO
Key employee
39$216,002$20,916
YANIVIS HAGECHIEF TALENT
Highest-paid employee
39$151,943$17,862
AARON KULCOO
Officer
39$146,559$19,919
FERIT ORCUNCHIEF INNOVA
Highest-paid employee
40$141,080$19,508
MUSTAFA COBANCFO
Officer
39$145,909$13,627
FAHRI ARSLANDIR. OF FACI
Highest-paid employee
39$138,759$19,353
GURKAN KOSECHIEF ACAD.
Highest-paid employee
40$141,030$10,390
MARJORIE RENAHANCHIEF SPECIA
Highest-paid employee
40$121,012$8,613
JOSE MARTINEZPRESIDENT
Trustee or director, Officer
2$0$0
GLENNY ADAMESVICE PRESIDE
Trustee or director, Officer
2$0$0
PERNO YOUNGTREASURER
Trustee or director, Officer
2$0$0
OZGUR DOGRUTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
33-00 BROADWAY STE 301, FAIR LAWN, NJ 07410-4603
In care of
% RECAP OMEK
Principal officer (990 for 2024)
MUSTAFA COBAN
Signed the 990
MUSTAFA COBAN, CFO
Phone
(201) 773-9140
Return prepared by
GALLEROS ROBINSON

Mission

ILEARN SCHOOLS, INC. IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION (CMO) THAT PROVIDES SPECIALIZED EDUCATIONAL AND MANAGEMENT SERVICE INCLUDING OPERATIONAL AND ADMINISTRATIVE SUPPORT FOR SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • ILEARN SCHOOLS, INC. IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION (CMO) THAT PROVIDES SPECIALIZED EDUCATIONAL AND MANAGEMENT SERVICES INCLUDING OPERATIONAL AND ADMINISTRATIVE SUPPORT FOR SCHOOLS. DURING THE YEAR ENDED JUNE 30, 2025, IT SUPPORTED FIVE CHARTER SCHOOLS (FOUR IN NEW JERSEY AND ONE IN THE BRONX, NEW YORK CITY).
    Expenses $16,436,987 · grants $2,833,464 · revenue $21,412,659

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
47-3603519
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
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 (B02)
Assets (IRS master file)
$96,315,355
Income (IRS master file)
$26,410,955

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$26,410,955$21,595,414$96,315,355IRS
990June 2024$17,497,755$13,677,193$58,568,345IRS
990June 2023$12,637,646$8,880,966$17,435,341XML
990June 2022$10,581,989$7,159,930$13,134,703IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 47-3603519).

Questions about ILEARN SCHOOLS INC

What is the EIN of ILEARN SCHOOLS INC?
The employer identification number (EIN) of ILEARN SCHOOLS INC is 47-3603519.
Is ILEARN SCHOOLS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to ILEARN SCHOOLS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILEARN SCHOOLS INC 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 ILEARN SCHOOLS INC 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 ILEARN SCHOOLS INC 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 ILEARN SCHOOLS INC?
The 990 for the year ended June 30, 2025 names MUSTAFA COBAN.
Who are the officers and directors of ILEARN SCHOOLS INC?
The 990 for the year ended June 30, 2025 lists 17 people; 13 received compensation from the organization, the highest $290,178 (NIHAT GUVERCIN, CEO).
How much revenue does ILEARN SCHOOLS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $26,410,955, expenses of $21,595,414 and total assets of $96,315,355 at year end.

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