Public Charity

AMERICAN QUALITY SCHOOLS CORP

AMERICAN QUALITY SCHOOLS CORP is a nonprofit organization categorized as Public Charity based in DOWNERS GROVE, IL. Its most recent IRS filing (2025) reports revenue of $2.9M, expenses of $3.0M, total assets of $528K.

EIN: 364298732 DOWNERS GROVE, IL Elementary & Secondary Schools NTEE: B20 Latest filing: 2025
Total Revenue$2.9M
Total Expenses$3.0M
Total Assets$528K
Grant Records0
Filing Years2021–2025

Mission

organization, management and operation of charter school.

Where $100 goes at American Quality Schools Corp

How American Quality Schools Corp divides every $100 it spends, from its own Form 990 filings, averaged across 7 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
Organization, management and operation of charter school in Chicago, IL
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

BOARD MEMBER George Nassos
BOARD MEMBER Laura Davidson
Secretary Marlene Golembo
President Michael Bakalis
BOARD MEMBER Pam Paul
Vice President Patricia Yadgir

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.9M $3.0M $528K
2024 $2.9M $3.0M $894K
2023 $3.0M $2.8M $1.3M
2022 $3.0M $3.1M $803K
2021 $3.0M $3.0M $928K

Between 2021 and 2025, reported annual revenue declined from $3.0M to $2.9M (-3%), with total assets most recently reported at $528K.

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

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