NonprofitsMagnolia Educational & Research Foundation

Education

Magnolia Educational & Research Foundation

ANAHEIM, CA

Total revenue

$84.4M

Total expenses

$78.6M

Net assets

$3.7M

Grants received

$1.6M

11 grants

EIN

954649884

Tax year

2023

Mission

Merf operated eleven magnolia science academy (msa) kindergarten through grade twelve charter schools serving 3,890 students throughout california dedicated to inspiring students to choose career paths in science, technology, engineering, and math (stem), while providing a robust, standards-based education program within a supportive culture of excellence.

Financials

FY 2023

Revenue

Contributions & grants$75.8M
Program service revenue
Investment income$65K
Other revenue$8.5M
Total revenue$84.4M

Expenses

Grants paid
Salaries & benefits$51.7M
Fundraising
Other expenses$26.8M
Total expenses$78.6M
Total assets$76.1M
Net assets$3.7M

People

14 listed

NameRoleCompensation

ALFREDO RUBALCAVA

CEO

Board

$256K

40 hrs/wk

STEVE BUDHRAJA

CHIEF FINANCIAL OFFICER

Board

$187K

40 hrs/wk

ESRA ELDEM-TUNC

DIRECTOR

Board

2 hrs/wk

MEKAN MUHAMMEDOV

CHAIR

Board

2 hrs/wk

DIANE GONZALEZ

DIRECTOR

Board

2 hrs/wk

SANDRA COVARRUBIAS

VICE CHAIR

Board

2 hrs/wk

SALIH DIKBAS

DIRECTOR

Board

2 hrs/wk

DR UMIT YAPENEL

DIRECTOR

Board

2 hrs/wk

PATRICK ANTON ONTIVEROS

CHIEF FACILITY OFFICER

Staff

$191K

40 hrs/wk

ERDINC ACAR

DEPUTY SUPERINTENDENT

Staff

$191K

40 hrs/wk

DAVID E YILMAZ

CHIEF ACCOUNTABILITY OFFIC

Staff

$184K

40 hrs/wk

SUAT ACAR

CHIEF OPERATING OFFICE

Staff

$182K

40 hrs/wk

BRENDA LOPEZ

CHIEF EXTERNAL OFFICER

Staff

$168K

40 hrs/wk

TURAN CAFER

SENIOR CONTROLLER

Staff

$149K

40 hrs/wk

Independent contractors

RIDERS EXPRESS

STUDENT TRANSPORTATION

$526K

Grants received

Showing 11 of 11

FromAmountPurposeYear
$1.3M
CHARTER SCHOOL GROWTH
2024
$200K
TO SUPPORT OPERATIONS OF THE SCHOOL
2024
$1K
MATCHING GIFTS
2023
$57K
2022 SUMMER OF JOY GRANT
2022
$250
MATCHING GIFTS
2022
$1K
General & Unrestricted
2021
$25K
ACCELERATE GRANT
2020
$20K
Providing Immediate Support to WFF Funded Schools During COVID-19
2020
$5K
PANDEMIC RELIEF SUPPORT
2020

Funded by

$1.6M from 8 funders · 11 grants · 2017–2024

Charter Fund Inc

$1.3M · 1 grant · 2024

Silicon Schools Fund Inc

$200K · 1 grant · 2024

Great Public Schools Now

$87K · 3 grants · 2020–2022

Walton Family Foundation Inc

$20K · 1 grant · 2020

Pipkin Charitable Foundation

$2K · 1 grant · 2017

The Pfizer Foundation Inc

$2K · 2 grants · 2022–2023

WR Berkley Corporation Charitable

$1K · 1 grant · 2021

Details

EIN954649884
NTEE codeB90
Subsection03
Ruling date1998-01
Formed2005
Employees0
Volunteers0
MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION — Mission, Financials & Grants Received | Grantivo