Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
1 person listed on the 990.
Michael Lee’s $150K as Professor is at the 64th percentile of top reported officer pay among 3394 $1–10M 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 · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2021 |
|---|---|---|---|---|
| Michael T Lee | — | — | $150,000 | $156,377 |
| Michael Lee | $150,000 | $150,000 | — | — |
| Konstantin Krotov | $150,000 | — | — | — |
| Konstantin | — | $150,000 | — | — |
| Mohamed a Desoky | — | — | $135,000 | $142,464 |
| Paul Staneski | — | — | $140,000 | — |
| Alexander Deshkovski | — | — | $135,000 | $138,454 |
| Gisa Rollin | $110,016 | $110,000 | — | — |
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
Operate and maintain a higher learning institution for students.
Questions for Skema US INC
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Operate programs of higher learning with a focus on education of international students
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.8M | $1.8M |
| InvestmentsLn 11–13 | $1.0M | $1.3M |
| Land, buildings, equipmentLn 10c | $500K | $344K |
| Total assetsLn 16 | $3.5M | $3.8M |
| LiabilitiesLn 26 | $3.2M | $3.4M |
| Net assetsLn 32 | $290K | $363K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $1.7M | $1.7M | ||
| Pension plan contributionsLn 8 | $24K | $24K | ||
| Other employee benefitsLn 9 | $73K | $73K | ||
| Payroll taxesLn 10 | $126K | $126K | ||
| Management feesLn 11a | $237K | $237K | ||
| Legal feesLn 11b | $44K | $44K | ||
| Accounting feesLn 11c | $64K | $64K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $266K | $266K | ||
| Advertising and promotionLn 12 | $149K | $149K | ||
| Office expensesLn 13 | $52K | $52K | ||
| Information technologyLn 14 | $662 | $662 | ||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $923K | $923K | ||
| TravelLn 17 | $448K | $448K | ||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $22K | $22K | ||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $158K | $158K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $555K | $555K | ||
| All other expensesLn 24e | $105K | $105K | ||
| Total functional expensesLn 25 | $4.9M | $4.9M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $6.1M | $6.1M | $89K | $741K | 990 PDF |
| FY2024 | $6.5M | $6.3M | $133K | $652K | 990 PDF |
| FY2023 | $6.9M | $6.8M | $84K | $519K | 990 PDF |
| FY2022 | $7.2M | $7.2M | $10K | $447K | 990 PDF |
| FY2021 | $5.0M | $4.9M | $74K | $437K | 990 PDF |
| FY2020 Viewing | $5.0M | $4.9M | $74K | $363K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $4,973,825 revenue, 12 lines filed
Part VI · Governance 1 of 2 board members independent, 3 to look at
Part VIII · Statement of revenue $4,973,825 across 9 lines filed
Part IX · Statement of functional expenses $4,900,320 across 31 lines filed
Part X · Balance sheet $3,768,572 assets, 20 lines filed
Part XI · Reconciliation of net assets $363,148 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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