Noble Network of Charter Schools
89% goes to programs $0 to raise $100 Strong reserves Growing revenue
Noble Network of Charter Schools is a 501(c)(3) organization based in Chicago, Illinois, registered in 1999, with $238,788,253 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
1 N State St, Chicago, IL, 60602 EIN 36-4241970 Since 1999
Revenue (FY2023)
$238.8M
▼ 0.9% vs prior year
Education median: $200K
Expenses (FY2023)
$232.4M
Net assets
$172.9M
Employees
2,146
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Noble Network of Charter Schools: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Noble Network of Charter Schools: 9 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Noble Network of Charter Schools: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Noble Network of Charter Schools: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Noble will ensure that all students have equitable and positive school experiences that equip them to complete college and lead choice-filled lives.
What they do
Opened in 2010, noble day care, l3c (ndc) provides an enriching educational experience to the approximately 37 children enrolled in the program. ndc's educational model follows a balanced approach of free exploration, natural environment learning with guidance, and built-in structured activities. qualified teachers provide a set curriculum and prepare assessments to ensure the children are meeting developmental goals through their learning. ndc is also an approved site for noble network of charter schools' students who can earn volunteer hours for participating in ndc activities and helping out around the facility.
Contact & location
- Address
- 1 N State St, Chicago, IL, 60602
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $134.9M (FY2013) to $238.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $95.7MNet assets $172.9M
Operating margin
2.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$268.6M
Total liabilities
$95.7M
Net assets
$172.9M
Salaries & benefits
$149.4M
64% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $238,788,253▼0.9% | $232,402,046▲2.7% | $172,885,609▲28.8% | $268,563,864▲10.3% | 990 |
| 2022 | $240,875,457▲5.7% | $226,343,531▼1.0% | $134,216,615▲13.0% | $243,487,076▲2.4% | 990 |
| 2021 | $227,971,902▲18.2% | $228,530,056▲19.0% | $118,748,254▲0.5% | $237,808,950▼5.4% | 990 |
| 2020 | $192,810,740▲3.2% | $192,021,204▲6.1% | $118,109,052▲2.4% | $251,287,542▲21.1% | 990 |
| 2019 | $186,903,293▲6.9% | $181,004,819▲7.1% | $115,292,926▲5.1% | $207,438,075▲1.3% | 990 |
| 2018 | $174,882,435▼4.7% | $168,991,580▲5.0% | $109,728,341▲6.3% | $204,759,984▲2.9% | 990 |
| 2017 | $183,548,843▲17.0% | $160,905,261▼3.6% | $103,238,796▲28.2% | $198,957,563▼3.6% | 990 |
| 2016 | $156,923,534▼5.5% | $166,984,888▲15.4% | $80,548,214▼11.0% | $206,335,443▲3.4% | 990 |
| 2015 | $165,982,128▲18.5% | $144,684,578▲4.3% | $90,486,747▲30.5% | $199,560,761▲9.2% | 990 |
| 2014 | $140,050,364▲3.8% | $138,684,259▲27.2% | $69,329,121▲2.0% | $182,811,122▲25.6% | 990 |
| 2013 | $134,940,442 | $109,058,672▲25.8% | $68,001,168▲61.5% | $145,581,560▲45.8% | 990 |
| 2012 | — | $86,710,062▲20.1% | $42,094,134▲58.0% | $99,844,408▲22.8% | 990 |
| 2011 | — | $72,174,919▲7.6% | $26,637,222▲34.0% | $81,303,520▲13.1% | 990 |
| 2010 | — | $67,100,810▲49.6% | $19,881,042▼2.1% | $71,900,856▲22.6% | 990 |
| 2009 | — | $44,850,370 | $20,301,476 | $58,654,610 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Constance Jones — $352,729 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Constance Jones | Ceo | 40 | $352,729 |
| Michael Madden | President | 40 | $247,726 |
| Ellen Metz | Head of Schools | 40 | $233,297 |
| Jennifer Reid Davis | Head of Strategy & Equity | 40 | $225,059 |
| Kyle Cole | Chief Academic Officer | 40 | $215,260 |
| Darko Simunovic | Chief Operating Officer | 40 | $215,007 |
| Robyn-ashley Taylor | General Counsel | 40 | $201,123 |
| Tressie Mcdonough | Chief Schools Officer | 40 | $198,108 |
| Gabriele Eimontaite | Board Clerk | 40 | $49,962 |
| Nikita Johnson-white | Chief Financial Officer | 40 | $43,542 |
| Aarti Dhupelia | Director | 1 | — |
| David Weinberg | Director | 1 | — |
| Emmanuel Jackson | Director | 1 | — |
| Francisco X Gayton | Director | 1 | — |
| Gautam Kumar | Director | 1 | — |
| Harriette Coleman | Director | 1 | — |
| Jasmine Hernandez | Director | 1 | — |
| Jenis Ellingwood | Director | 1 | — |
| Jennifer Kaplan Schott | Director | 1 | — |
| Jeri Mack | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Quest Food Management Services LLC | Student Meals | $7,143,385 |
| Midwest Series of Lockton Companies LLC | Insurance | $2,189,934 |
| Bulley & Andrews | Building Improvements and Repairs | $1,205,560 |
| The Stepping Stones Group LLC | Related Service Providers (nurses, Speec | $973,986 |
| Academic Approach Investment Group | Professional Services | $471,403 |
Grants received · $25.4M total
70 grants to Noble Network of Charter Schools totaling $25.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Charter school capacity-building | 2024 | $1,382,000 |
| The Bessemer Giving Fund | General support | 2024 | $110,000 |
| Robert R Mccormick Foundation | College access and success program and pre-college and career program | 2024 | $80,000 |
| Charter Fund Inc | Impact and innovation | 2024 | $65,000 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $34,555 |
| American Endowment Foundation | Educational | 2024 | $9,500 |
| American Online Giving Foundation Inc | General support | 2024 | $6,624 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $2,019,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $301,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $200,000 |
| Donor Advised Charitable Giving | Education | 2023 | $91,531 |
| The Bessemer Giving Fund | General support | 2023 | $42,500 |
| Robert R Mccormick Foundation | College team - salary support for pre-college & career program manager | 2023 | $35,000 |
| National Philanthropic Tr | Education | 2023 | $32,000 |
| American Endowment Foundation | Educational | 2023 | $19,500 |
Grants made · $19.0M in FY2016
1 grant totaling $19.0M in FY2016. All grants made by Noble Network of Charter Schools →
| Recipient | Purpose | Amount |
|---|---|---|
| Noble Network Education Foundation | New market tax credit | $19,004,200 |
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Frequently asked questions
- Is Noble Network of Charter Schools a legitimate nonprofit?
- Yes. Noble Network of Charter Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4241970, based in Chicago, Illinois. Donations are tax-deductible.
- What is Noble Network of Charter Schools's EIN?
- Noble Network of Charter Schools's Employer Identification Number (EIN) is 36-4241970.
- How much revenue does Noble Network of Charter Schools report?
- Noble Network of Charter Schools reported $238,788,253 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Noble Network of Charter Schools's spending goes to programs?
- Noble Network of Charter Schools spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Noble Network of Charter Schools have?
- CharityIndex grades Noble Network of Charter Schools A, based on program efficiency and fundraising cost.
- How much does Noble Network of Charter Schools's highest-paid employee make?
- The highest reported compensation on Noble Network of Charter Schools's latest Form 990 is $352,729, paid to Constance Jones (Ceo).
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Data for Noble Network of Charter Schools (EIN 36-4241970) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.