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US nonprofit · EIN 364298732 · Downers Grove, ILiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 364298732) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 30 June 2025: assets, liabilities, staff, website, telephone, pay.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

American Quality Schools Corporation

Donations deductible
Revenue
$2.9m
year to 30 June 2025
Expenses
$3m
year to 30 June 2025
Total assets
$528k
$684k liabilities
Net assets
Minus $156k
assets less liabilities
Directors and trustees
8
6.9 years on average
Staff
40
employees, year to 30 June 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
3
named in Part VII
How am I connected?

American Quality Schools Corporation's network

8 peoplei8 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.

The board

8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
George NassosBoard Member2019
7 yrs
Laura DavidsonBoard Member2019
7 yrs
Marlene GolemboCompany secretary2019
7 yrs
Michael BakalisPresident2019
7 yrs
PAM PaulBoard Member2019
7 yrs
Patricia YadgirVice President2023
3 yrs
Terri VanderjackBoard Member2019
7 yrs
Thomas Pekras (also filed as Tom Pekras)Board Member2019
7 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Charles WilliamsPrincipalsince 2021
Patricia YadgirVice Presidentsince 2021
Yolanda M BanksPrincipal2023

Pay and hours

year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Yolanda M BanksPrincipal40$113k
Patricia YadgirVice President40$0
Michael BakalisPresident1$0
Tom PekrasBoard Member1$0
Pam PaulBoard Member1$0
Marlene GolemboSecretary1$0
George NassosBoard Member1$0
Terri VanderjackBoard Member1$0
Laura DavidsonBoard Member1$0

About

Legal name
American Quality Schools Corporation
EIN
364298732
Address
1323 Butterfield Rd Ste 114, Downers Grove, IL, 60515-5620
State
Illinois
Mission
organization, management and operation of charter school. (as filed on the Form 990)
Activity (NTEE)
B20 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
5 (IRS master file code)
Formed
1999
Principal officer
Michael Bakalis (as named on the Form 990)
IRS ruling date
1 October 2008
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2023
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥7years on the filingsGeorge Nassos
≥7years on the filingsLaura Davidson
≥7years on the filingsMarlene Golembo
≥7years on the filingsMichael Bakalis

Latest return

year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.
Total assets
$528k
Total liabilities
$684k
Net assets or fund balances
Minus $156k
Contributions and grants received
$2.9m
Program service revenue
$15k
Employees
40