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Military Magnet School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161622538 ✦ North charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Military Magnet School Foundation?

The Military Magnet School Foundation is a nonprofit organization dedicated to supporting students attending the Military Magnet Academy. It addresses financial barriers by providing uniforms and camp fees for those who cannot afford them, enabling these students to participate in educational activities. Additionally, the foundation covers bus fuel costs to facilitate high school visits to colleges, and offers tuition assistance for dual enrollment students. The foundation's ultimate goal is to foster competent, disciplined, and responsible citizens by providing supplementary financial aid for their academic endeavors.

Is Military Magnet School Foundation legitimate?

Military Magnet School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Military Magnet School Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Military Magnet School Foundation?

The Military Magnet School Foundation's mission is focused on supporting students attending the Military Magnet Academy. It aims to provide essential expenses such as uniforms, camp fees, and transportation for college visits, enabling financially challenged students to attend. Additionally, the foundation contributes to covering tuition costs for dual enrollment students. The overarching goal is to foster competent, disciplined, and responsible citizens by providing supplemental funding for their educational needs.

Who is the CEO of Military Magnet School Foundation?

John Snowden is the President of Military Magnet School Foundation.

What is the revenue of Military Magnet School Foundation?

Military Magnet School Foundation's revenue in 2022 was $57,189.

Who are the executives of Military Magnet School Foundation and what are their salaries?


Here are 2 key members and their salaries:


John Snowden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Montgomery (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Military Magnet School Foundation?

Military Magnet School Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Military Magnet School Foundation

The Military Magnet School Foundation, in its mission, aims to support students attending the Military Magnet Academy. Recognizing the financial challenges some students face, the foundation provides essential expenses such as uniforms and camp fees. Moreover, it ensures the transportation of high school students to college visits by covering fuel costs for school buses. Additionally, the foundation assists dual enrollment students by covering their tuition fees. The underlying objective is to empower these students, fostering their development into competent, disciplined, and responsible citizens. To further aid their educational journey, the foundation provides supplemental funding for school-related needs.

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Impact




August, 2024

Military Magnet School Foundation's impact is significant in providing essential support to students in need. By covering expenses such as uniforms, camp fees, and even tuition payments for dual enrollment students, the foundation ensures that all students have the opportunity to attend Military Magnet Academy and access educational resources that may not have been possible otherwise. Additionally, the foundation's provision of fuel for buses to transport high school students to visit colleges contributes to expanding students' horizons and opportunities for higher education. Through these initiatives, the foundation plays a crucial role in preparing students to become competent, disciplined, and responsible citizens, ultimately enriching their educational experience and promoting academic success.




This information is meant to be a general summary of Military Magnet School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$57,189 (2022)
Expenses
$38,082 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14
  • Gross Receipts: $57,189

Assets and Liabilities:

  • Total Assets: $298,832
  • Total Liabilities: $0
  • Net Assets: $298,832

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Organization Details

Principal Officer

John Snowden

Main Address

2950 CARNER AVENUE, NORTH CHARLESTON, SC, 29405

NTEE Category

Code: B112 - Education

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