Nonprofits›Magellan Education Foundation Inc
Education
Magellan Education Foundation Inc
RALEIGH, NC
Total revenue
$475K
Total expenses
$362K
Net assets
$3.0M
Grants received
$34K
5 grants
EIN
203971056
Tax year
2023
Mission
To support and manage assets for the magellan charter school and other innovative educational programs associated with or supporting that school or its programs.
Financials
FY 2023
Revenue
Contributions & grants$78K
Program service revenue$366K
Investment income$31K
Other revenue—
Total revenue$475K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$362K
Total expenses$362K
Total assets$7.5M
Net assets$3.0M
People
7 listed
NameRoleCompensation
BRUCE BOUCHER
BOARD PRESIDENT
Board
—
1 hrs/wk
JIM DERRICKSON
VICE PRESIDENT
Board
—
1 hrs/wk
JESSICA O'DONOVAN
SECRETARY
Board
—
2 hrs/wk
SUZY ALLAIRE
BOARD MEMBER
Board
—
1 hrs/wk
JIM NOWAK
BOARD MEMBER
Board
—
1 hrs/wk
SEAN WITTY
BOARD MEMBER
Board
—
1 hrs/wk
MIKE LOTTERHOS
BOARD MEMBER
Board
—
1 hrs/wk
Grants received
Showing 5 of 5
FromAmountPurposeYear
Funded by
$34K from 3 funders · 5 grants · 2018–2024
American Online Giving Foundation Inc
$26K · 3 grants · 2021–2024
The Bucy Foundation
$5K · 1 grant · 2024
The Bank of America Charitable Foundation Inc
$3K · 1 grant · 2018
Details
EIN203971056
NTEE codeB11
Subsection03
Ruling date2006-09
Formed2005
Employees0
Volunteers10