NonprofitsMagnet Schools Of America Inc

Education

Magnet Schools Of America Inc

WASHINGTON, DC

Total revenue

$3.9M

Total expenses

$3.6M

Net assets

$1.3M

Grants received

$22K

3 grants

EIN

760428386

Tax year

2024

Mission

Magnet Schools of America provides leadership for high quality instructional programs that promote choice, equity, diversity, and academic excellence for all students.

Programs

4 programs

The goal of the National Institute for Magnet School Leadership is to provide and assist magnet schools with professional development in order to better address the needs of the magnet school students and the continuing education of teachers.

Expenses: $913K

MSA provides awards to schools that demonstrate the ideals of magnet schools through our "Merit Awards" program. Schools receive one of two designations: Magnet School of Excellence (top award), or Magnet School of Distinction. Top schools compete for a cash award and designation as top magnet school nationally. MSA also recognizes teachers and principals in each of the eight regions, one of which will be recognized as MSA Teacher of the Year and Principal of the Year. MSA also conducts a national poster contest of student created design that aligns to a specific theme for the year.

Expenses: $164KGrants: $76K

Membership

Expenses: $101K

Legislative education

Expenses: $62K

Financials

FY 2024

Revenue

Contributions & grants$356K
Program service revenue$3.5M
Investment income$48K
Other revenue
Total revenue$3.9M

Expenses

Grants paid$76K
Salaries & benefits$838K
Fundraising$63K
Other expenses$2.7M
Total expenses$3.6M
Total assets$1.6M
Net assets$1.3M

People

19 listed

NameRoleCompensation

Ramin Taheri

CEO

Board

$208K

40 hrs/wk

Maw Yang Shen

COO

Board

$134K

40 hrs/wk

Jayme Rawson

Region II Director

Board

$31K

2 hrs/wk

Dr Michelle Frazier

Past President

Board

$18K

2 hrs/wk

Susan King

Past President

Board

$11K

2 hrs/wk

Kade Sochor

Region II Director

Board

$1K

2 hrs/wk

Dr Kimberly Lane

President

Board

2 hrs/wk

Magda Pereira

Region III Director

Board

2 hrs/wk

Jillian Schulte

Region VI Director

Board

2 hrs/wk

Barbara Turner

Specialized Director

Board

2 hrs/wk

Francesca Ver Ploegh

Region IV Director

Board

2 hrs/wk

Brenden Mims

Region I Director

Board

2 hrs/wk

Corri Roche

Secretary

Board

2 hrs/wk

Dr Monika Wiley

Treasurer

Board

2 hrs/wk

Theresa Porter

Immediate Past President

Board

2 hrs/wk

Dr Keith Abrahams

Specialized Director

Board

2 hrs/wk

Walter Hall

Region IV Director

Board

2 hrs/wk

Doreen Marvin

Past President

Board

2 hrs/wk

Kelly Bucherie

Director of NIMSL

Staff

$163K

40 hrs/wk

Independent contractors

Heidi Targee

Program consulting

$114K

Grants received

Showing 3 of 3

FromAmountPurposeYear

Funded by

$22K from 1 funder · 3 grants · 2022–2024

Mightycause Charitable Foundation

$22K · 3 grants · 2022–2024

Details

EIN760428386
NTEE codeB99Z
Subsection03
Ruling date1994-12
Formed1994
Employees4
Volunteers0
MAGNET SCHOOLS OF AMERICA INC — Mission, Financials & Grants Received | Grantivo