Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $136K paid to officers and key staff.
Yunus Aksu’s $136K as CEO is at the 11th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Dr Yalcin Akin | — | $173,685 | $200,217 | $190,683 | $181,602 | $256,588 |
| Yunus Aksu | $136,417 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Operates public charter schools teaching STEM and reading.
Questions for Discovery Education Services INC
Your first name shows with your question. Discovery Education Services INC answers here, for everyone.
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Public charter schools established to advance the education of science, technology, engineering, mathematics, & reading of elementary, middle and high school students regardless of race, color, or creed.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $18.6M | $45.4M |
| Land, buildings, equipmentLn 10c | $129.1M | $61.8M |
| Total assetsLn 16 | $154.8M | $111.9M |
| LiabilitiesLn 26 | $139.3M | $74.8M |
| Net assetsLn 32 | $15.5M | $37.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $3.0M | $0 | $3.0M | $0 |
| InterestLn 20 | $3.0M | $3.0M | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $1.3M | $1.3M | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $25.7M | $25.7M | $0 | $0 |
| All other expensesLn 24e | $14.5M | $13.1M | $1.3M | $0 |
| Total functional expensesLn 25 | $47.4M | $43.1M | $4.3M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $40.7M | $39.3M | $1.4M | $15.5M | 990 PDF |
| FY2023 | $35.7M | $33.4M | $2.3M | $14.1M | 990 PDF |
| FY2022 | $33.2M | $30.4M | $2.8M | $11.8M | 990 PDF |
| FY2021 | $29.3M | $26.7M | $2.6M | $9.0M | 990 PDF |
| FY2020 | $25.6M | $23.7M | $1.9M | $10.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $57,462,663 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 1 to look at
Part VIII · Statement of revenue $57,462,663 across 4 lines filed
Part IX · Statement of functional expenses $47,398,018 across 5 lines filed
Part X · Balance sheet $111,897,690 assets, 14 lines filed
Part XI · Reconciliation of net assets $37,131,534 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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