Public Charity

AMERICAN SCHOOL OF CORRESPONDENCE

Based in LANSING, IL, AMERICAN SCHOOL OF CORRESPONDENCE operates as a Public Charity. The organization reported $2.6M in revenue, $3.6M in expenses, $5.8M in total assets for fiscal year 2025.

EIN: 362167722 LANSING, IL Adult Education NTEE: B60 Latest filing: 2025
Total Revenue$2.6M
Total Expenses$3.6M
Total Assets$5.8M
Grant Records0
Filing Years2021–2025

Mission

THE AMERICAN SCHOOL, A NOT FOR PROFIT DISTANCE LEARNING INSTITUTION UTILIZING THE HOME STUDY METHOD, IS DEDICATED TO PROVIDING QUALITY SECONDARY INSTRUCTION AT A REASONABLE COST TO THOSE STUDENTS WHO ARE SEEKING AN ALTERNATIVE MEANS OF COMPLETING THEIR HIGH SCHOOL EDUCATION

Where $100 goes at American School of Correspondence

How American School of Correspondence divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$23 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $77 for programs

$77
Educational services
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Gary Masterton
EXECUTIVE VICE PRESIDENT Jeffrey E Cox
PRESIDENT Valerie J Riley

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.6M $3.6M $5.8M
2024 $3.2M $3.9M $6.9M
2023 $4.5M $4.5M $8.0M
2022 $3.6M $4.9M $8.9M
2021 $5.4M $5.8M $12.0M

Between 2021 and 2025, reported annual revenue declined from $5.4M to $2.6M (-52%), with total assets most recently reported at $5.8M.

Interactive year-over-year charts and full filing details available with membership.

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