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EIN 72-1552418

Georgia Magnet Charter Schools Foundation Corp

IRS 501(c) type
501(c)(3)
Num. employees
111
City
Hapeville
State
Georgia
Year formed
2003
Most recent tax filings
2023-06-01
NTEE code, primary
B29: Charter Schools
Description
Georgia Magnet Charter Schools Foundation Corp is a 501(c)(3) organization whose mission is to increase student achievement of the students attending Hapeville Charter Schools (which includes Hapeville Charter Middle School and Hapeville Charter Career Academy). During the 2018-2019 school year, 1,000+ students were enrolled in the school.
Also known as...
Georgia Magnetcharter Schools Foundations Corporation
Total revenues
$8,828,981
2023
Total expenses
$9,942,342
2023
Total assets
$23,337,398
2023
Num. employees
111
2023

Program areas at Georgia Magnet Charter Schools Foundation Corp

The organization's program service is to increase student achievement of the students attending hapeville Charter Schools (which includes hapeville Charter middle school and hapeville Charter career academy). During the 2021-2022 school year, 1,000+ students were enrolled in grades 6 through 12. The graduation rate was reported at 95%. A portion of the total revenues of $13,867,709 included the ppp loan forgiveness, the federal free/reduced reimbursements, and federal title i grants. During the 2021-2022 school year, the total expenses were $11,932,280.

Personnel at Georgia Magnet Charter Schools Foundation Corp

NameTitleCompensation
Corliss DavenportChief Executive Officer$0
Terry MartinChief Financial Officer$0
Audrey GreerPrincipal$8,145
Mike RamosExecutive Director$145,658
Richard FowlerPrincipal$108,608
...and 7 more key personnel

Financials for Georgia Magnet Charter Schools Foundation Corp

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,823,075
Program services$406
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,500
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,828,981

Form 990s for Georgia Magnet Charter Schools Foundation Corp

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-08-27990View PDF
...and 11 more Form 990s

Organizations like Georgia Magnet Charter Schools Foundation Corp

OrganizationLocationRevenue
North Carolina Charter Educational FoundationMooresville, NC$40,248,421
Shaw Educational FoundationCleveland, MS$6,057,941
Lafayette Charter FoundationLafayette, LA$43,747,874
Glencoe Education FoundationFranklin, LA$6,510,280
West Lake Education FoundationCornelius, NC$6,147,483
Capitol Education FoundationBaton Rouge, LA$6,279,893
Estrella Educational FoundationPhoenix, AZ$4,800,571
Excelsior Charter Schools FoundationVictorville, CA$4,302,192
Pelican Educational FoundationBaton Rouge, LA$8,119,143
Texas Public Charter Schools AssociationAustin, TX$9,097,377
Data update history
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
May 6, 2023
Updated personnel
Identified 3 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
Hapeville Charter Schools
Hapeville, GA 30354
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
ourpaintedponyfarm.com/ 
IRS details
EIN
72-1552418
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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