MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION

As filed

Subsection

03

NTEE code

B90

Classification

2000

Street

1891 N KELLOGG DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION (MERF) OPERATES TEN MAGNOLIA SCIENCE ACADEMIES (MSA) SERVING 3,794 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE THROUGHOUT CALIFORNIA. THE ORGANIZATION IS 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. TO ENSURE STUDENTS HAVE THE TOOLS TO SUCCEED, THE ORGANIZATION OFFER THE FOLLOWING PROGRAMS, WHICH ARE MOSTLYFREE OF CHARGE:-ACADEMIC PROGRAMS-STUDENT SUPPORT PROGRAMS-AFTER SCHOOL PROGRAMS-PARENT INVOLVEMENT PROGRAMS

  Expenses $54,642,205 · Grants $478,327

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $86,364,539

  Expenses

  $84,439,598

  Contributions

  $86,261,072

  Grants paid

  $478,327

• 2023

  Revenue

  $84,399,638

  Expenses

  $78,564,322

  Contributions

  $75,816,762

  Grants paid

  $0

• 2022

  Revenue

  $31,976,044

  Expenses

  $76,945,341

  Contributions

  $70,047,096

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $66,230,945

  Expenses

  $62,131,487

  Assets (EOY)

  $67,129,472

• 2020 · 990

  Revenue

  $63,609,344

  Expenses

  $50,824,459

  Assets (EOY)

  $60,566,625

• 2019 · 990

  Revenue

  $51,334,434

  Expenses

  $49,147,443

  Assets (EOY)

  $54,570,182

• 2018 · 990

  Revenue

  $47,041,355

  Expenses

  $46,917,362

  Assets (EOY)

  $45,409,410

• 2017 · 990

  Revenue

  $48,888,566

  Expenses

  $43,212,386

  Assets (EOY)

  $42,695,173

• 2016 · 990

  Revenue

  $45,577,282

  Expenses

  $44,953,982

  Assets (EOY)

  $36,286,395

• 2015 · 990

  Revenue

  $47,750,213

  Expenses

  $39,770,172

  Assets (EOY)

  $35,655,570

• 2014 · 990

  Revenue

  $34,357,458

  Expenses

  $31,295,065

  Assets (EOY)

  $24,530,921

• 2013 · 990

  Revenue

  $32,298,679

  Expenses

  $26,992,912

  Assets (EOY)

  $14,990,231

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $26,874,132

  Assets (EOY)

  $11,766,972

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• MAGNOLIA PROPERTIES MANAGEMENT INC

  $478,327

  2024 · FOR USE IN FOUNDATION PROGRAMS

Where these grants went next →

Grants received

• CHARTER FUND INC

  $1,250,000

  2024 · CHARTER SCHOOL GROWTH

• SILICON SCHOOLS FUND INC

  $200,000

  2024 · TO SUPPORT OPERATIONS OF THE SCHOOL

• GREAT PUBLIC SCHOOLS NOW

  $56,928

  2022 · 2022 SUMMER OF JOY GRANT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $5,206

  2022 · GENERAL SUPPORT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files