Nonprofit · EIN 86-1152266
NEW PLAN LEARNING INC
Tax-exempt · SCHAUMBURG, IL 60173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,611,882 | $3,536,536 | $1,075,346 | $50,645,368 | $25,235,135 | $25,410,233 |
| June 30, 2024 | 990 | $4,186,020 | $3,654,654 | $531,366 | $50,857,218 | $26,621,525 | $24,235,693 |
| June 30, 2023 | 990 | $2,788,211 | $2,027,772 | $760,439 | $53,612,060 | $29,907,733 | $23,704,327 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $441,230
- Investment income
- $862,741
- Net rental income
- $3,286,068
- Other revenue
- $3,307,911
Expenses
- Grants and similar amounts paid
- $19,000
- Compensation of officers, directors and key employees
- $311,359
- Other salaries and wages
- $526,927
- Salaries, compensation and benefits (total)
- $981,562
- Professional fundraising fees
- $0
- Accounting fees
- $12,000
- Occupancy
- $41,610
- Travel
- $48,347
- Depreciation
- $949,401
- Program services (functional)
- $2,196,695
- Management and general (functional)
- $1,339,841
Balance sheet and other
- Total assets, start of year
- $50,857,218
- Total assets, end of year
- $50,645,368
- Total liabilities, end of year
- $25,235,135
- Net assets, end of year
- $25,410,233
- Land, buildings and equipment
- $25,577,988
- Net assets without donor restrictions
- $25,410,233
- Gross receipts
- $4,611,882
- Employees
- 9
- Volunteers
- 3
- Year formed
- 2005
- State of legal domicile
- OH
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSEPH J HILL | CEO Officer | 40 | $130,000 | $31,235 |
| MUSTAFA SARI | DIRECTOR OF FINANCE Officer | 40 | $100,000 | $29,397 |
| SAVAS KAYA PHD | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TIM BAGWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYMOND COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joseph J Hill | CEO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $123,681 |
| Savas Kaya PHD | Board President Trustee or director | 1 | $0 |
| Tim Bagwell | Director Trustee or director | 1 | $0 |
| Raymond Collins | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joseph J Hill | CEO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $128,310 |
| Savas Kaya PHD | Board President Trustee or director | 1 | $0 |
| Tim Bagwell | Director Trustee or director | 1 | $0 |
| Raymond Collins | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1300 BASSWOOD RD SUITE 200H, SCHAUMBURG, IL 60173-4522
- In care of
- % VEDAT AKGUN
- Principal officer (990 for 2024)
- JOSEPH J HILL, 1300 BASSWOOD, SCHAUMBURG, IL 60173
- Signed the 990
- JOSEPH J HILL, CEO
- Phone
- (847) 376-8404
- Website
- WWW.NEWPLANLEARNING.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
AT NEW PLAN LEARNING WE ARE ON A MISSION TO MAKE A MEANINGFUL DIFFERENCE BY BUILDING EDUCATIONAL FACILITIES THAT INSPIRE AND NURTURE GROWTH IN THE LIVES OF CHILDREN AND OUR EDUCATIONAL COMMUNITIES.
Program accomplishments
- PROVIDE FACILITIES AND FACILITY MANAGEMENT FOR CHARTER SCHOOLS.Expenses $2,196,695 · grants $19,000 · revenue $3,749,141
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1152266
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $50,645,368
- Income (IRS master file)
- $4,611,882
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,611,882 | $3,536,536 | $50,645,368 | IRS |
| 990 | June 2024 | $4,186,020 | $3,654,654 | $50,857,218 | XML |
| 990 | June 2023 | $2,788,211 | $2,027,772 | $53,612,060 | XML |
| 990 | June 2022 | $4,516,142 | $919,428 | $53,129,609 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 86-1152266).
Questions about NEW PLAN LEARNING INC
- What is the EIN of NEW PLAN LEARNING INC?
- The employer identification number (EIN) of NEW PLAN LEARNING INC is 86-1152266.
- Is NEW PLAN LEARNING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to NEW PLAN LEARNING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NEW PLAN LEARNING 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 NEW PLAN LEARNING 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 NEW PLAN LEARNING 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 NEW PLAN LEARNING INC?
- The 990 for the year ended June 30, 2025 names JOSEPH J HILL.
- Who are the officers and directors of NEW PLAN LEARNING INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $130,000 (JOSEPH J HILL, CEO).
- How much revenue does NEW PLAN LEARNING INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,611,882, expenses of $3,536,536 and total assets of $50,645,368 at year end.
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