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Noble Network of Charter Schools

EIN 36-4241970 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair53 out of 100GovernanceStrong100 out of 100Impact evidenceReports resultsHow well its results are evidenced

What it says it does

NOBLE WILL ENSURE THAT ALL STUDENTS HAVE EQUITABLE AND POSITIVE SCHOOL EXPERIENCES THAT EQUIP THEM TO COMPLETE COLLEGE AND LEAD CHOICE-FILLED LIVES.

Income
$230.3 million
Spending
$236.3 million
Spent on programs
88%
Reserves
2.7 months of spending
Largest source of income
government grants, 88%
Employees
2,059
Volunteers
72
Highest pay
$373,634, senior advisor (term 05/25)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 53 out of 100. Higher than 28% of charities in its peer group (education, over $100m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.7 months of spending.

  • Debt

    10 of 20

    It owes 34% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    10 of 15

    Income fell 4% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 41% of charities in its peer group (education, over $100m).

  • Independent board

    25 of 25

    17 of 17 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Reports results. Its tax return states measurable results. These are its own figures and nobody has checked them.

Results it reports

  • The network served 11,919 students.Work delivered
  • The day care provided education to approximately 37 enrolled children.Work delivered

Read from the return by an AI model and shown only where the wording was found in the return. These are the charity's own figures.

Programs described in its return (2)
  1. $207.5 million spent. THE NOBLE NETWORK OF CHARTER SCHOOLS WAS ESTABLISHED FOR THE PURPOSE OF REPLICATING THE NATIONALLY RECOGNIZED NOBLE STREET CHARTER HIGH SCHOOL, WHICH OPENED IN 1999. THE NETWORK PROVIDES A QUALITY EDUCATION TO ENABLE THE LOW-INCOME POPULATION TO MAKE CHANGES TO IMPROVE THEIR LIVES. THE NETWORK SERVED 11,919 STUDENTS IN 2025.
  2. $1.1 million spent. 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.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.