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Academic Magnet Foundation

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

EIN: 262530146 ✦ North charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Academic Magnet Foundation?

The Academic Magnet Foundation is an unspecified nonprofit organization, whose specific objectives or activities are not provided in the given information. The description suggests that the foundation might have certain profile viewing limitations for unregistered users, but no further details about its mission or activities are available. Despite the limited information, it can be inferred that the Academic Magnet Foundation is dedicated to some cause or purpose, typical of nonprofit organizations.

Is Academic Magnet Foundation legitimate?

Academic Magnet Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Magnet 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 Academic Magnet Foundation?

The Academic Magnet Foundation does not explicitly provide a mission statement in the given information. However, based on the absence of a stated mission, it can be inferred that the foundation's activities likely revolve around supporting Academic Magnet, a highly-rated public magnet school known for its rigorous curriculum and emphasis on academic excellence. The organization may aim to enhance educational opportunities, promote academic achievement, and contribute to the school's overall growth and development. Without concrete data, these are speculative interpretations.

Who is the CEO of Academic Magnet Foundation?

Chad Tippey is the Treasurer of Academic Magnet Foundation.

What is the revenue of Academic Magnet Foundation?

Academic Magnet Foundation's revenue in 2023 was $75,006.

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


Here are 10 key members and their salaries:


Chad Tippey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Daigle (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Perimutter (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Meyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Claus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Ann Harper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Heichelbech (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neves Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Browning (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Winebrenner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Academic Magnet Foundation?

Academic Magnet Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Academic Magnet Foundation

The Academic Magnet Foundation, as per the information provided, does not have an explicitly stated mission or activity description. However, it seems that the foundation encourages individuals to create a free account to access more profile views, suggesting a potential focus on promoting access to information or resources. Without further context or details, it's challenging to provide a comprehensive summary or paraphrase of the mission of the Academic Magnet Foundation. Therefore, I'm unable to provide a detailed response at this time.

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Impact




August, 2024

The Academic Magnet Foundation makes a significant impact by providing crucial support to the Academic Magnet High School in North Charleston, SC. Their efforts contribute to enhancing the educational experiences and opportunities available to students in the school. Through their support, the foundation helps enrich the academic programs, extracurricular activities, and resources available to the students, ultimately facilitating a more robust and well-rounded education. Their work plays a vital role in ensuring the success and growth of both the students and the school as a whole.




This information is meant to be a general summary of Academic Magnet 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
$75,006 (2023)
Expenses
$85,171 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,044
  • Gross Receipts: $78,802

Assets and Liabilities:

  • Total Assets: $206,723
  • Total Liabilities: $8,936
  • Net Assets: $197,787

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Organization Details

Principal Officer

Chad Tippey

Main Address

5109-A WEST ENTERPRISE STREET, NORTH CHARLESTON, SC, 29405

NTEE Category

Code: B19 - Education

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