Overview
What is The Magellan School?
The Magellan School is a nonprofit institution situated in Austin, Texas, specifically at 7938 Great Northern Blvd, 78757. Their mission is to prepare children for the 21st century, equipping them with the necessary knowledge, skills, and values to succeed in a multilingual and multicultural world. They adhere to the International Baccalaureate (IB) curriculum, a globally recognized educational program that fosters holistic development. The curriculum is taught in English, Spanish, and Mandarin, catering to the school's diverse student body. The Magellan School is committed to fostering sustainability and understanding, creating a united community of different cultures dedicated to delivering world-class education and lifelong learning. With a workforce of 177 individuals, the school aims to help each student reach their full potential, fostering resilience, empathy, and inquisitiveness.
Official website here: www.magellanschool.org
What are the reviews and ratings of this charity?
The Magellan School has a good overall rating of 81% on Charity Navigator, earning it a Three-Star out of Four Star rating. This score reflects strong accountability and financial practices, the only assessed criteria for this organization. The presence of a completely independent board and an active audit committee highlight its commitment to transparency and proper governance.
The school excels in ensuring clear policies are in place, such as conflict of interest and whistleblower policies, and in keeping thorough minutes of board meetings. However, a significant limitation is noted in its financial stability, as revealed by the liabilities to assets ratio, scoring zero in this area. This disparity doesn't impact its program expense efficiency, which remains robust at 85.71%.
While its financial tactics are sound, gaps in impact measurement, cultural influence, and leadership are not addressed due to unassessed categories in these areas. Unfortunately, there are no user reviews available from GreatNonprofits, leaving a gap in stakeholder insights.
This AI summary has been generated from information found on Charity Navigator.
Is The Magellan School legitimate?
The Magellan School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Magellan School submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $242,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,581,177
For more financial information, click here
Official website here: www.magellanschool.org
What is the mission statement of The Magellan School?
The Magellan School's mission is to prepare children for the globalized 21st century. It aims to equip them with the necessary knowledge, skills, and values to navigate a competitive, multilingual, and multicultural world. The school is committed to fostering sustainability and understanding within a diverse community, striving for world-class education and lifelong learning. As an inclusive community, The Magellan School is dedicated to helping each child discover their unique purpose and passion. It offers a tailored international education, aiming to help students reach their highest level of personal and academic success. The school fosters the development of resilient, empathetic, and inquisitive individuals who think critically and creatively, encouraging them to take action.
Official website here: www.magellanschool.org
Who is the CEO of The Magellan School?
Bjorn Billhardt is the President of The Magellan School.
Official website here: www.magellanschool.org
What is the revenue of The Magellan School?
The Magellan School's revenue in 2022 was $11,356,984.
Official website here: www.magellanschool.org
Who are the executives of The Magellan School and what are their salaries?
The average compensation at The Magellan School during 2022 was $32,900. There are 177 employees and 50 volunteers at The Magellan School.
Here are 11 key members and their salaries:
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- Compensation: $225,663
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- Other: $7,500
Official website here: www.magellanschool.org
Where can I find the form 990 for The Magellan School?
The Magellan School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magellanschool.org
Learn more at the official website: www.magellanschool.org
Mission Statement of The Magellan School
The Magellan School, with a commitment to preparing children for the complexities of the 21st century, strives to equip them with the necessary knowledge, skills, and values to navigate a multilingual and multicultural world. This inclusive community is dedicated to fostering each child's discovery of their unique purpose and passion. They offer a world-class international education, customizing it to help each student attain their highest academic and personal success. The Magellan School aims to nurture resilient, empathetic, and inquisitive individuals who possess the ability to think critically and creatively, and who possess the courage and conviction to take action.
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Impact
October, 2024
The Magellan School significantly impacts students by preparing them to become global citizens equipped with the knowledge, skills, and values necessary to thrive in an increasingly competitive, multilingual, and multicultural world. By implementing the International Baccalaureate (IB) curriculum, the school fosters the development of the whole person, emphasizing intellectual, personal, emotional, and social growth.
Through a comprehensive approach that combines local, national, and international educational guidelines, the curriculum nurtures students in essential disciplines such as science, math, humanities, and the arts. The use of multiple languages—English, Spanish, and Mandarin—further enriches their learning experience, encouraging versatility and adaptability.
The Magellan School cultivates an inclusive community that focuses on individual discovery, helping each child identify their unique purpose and passion. This commitment to personalized education not only aims for high academic success but also promotes the development of resilient, empathetic, and inquisitive individuals. Students are encouraged to think critically and creatively, empowering them to act with courage and conviction in a complex world.
This information is meant to be a general summary of The Magellan School. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,705
- Program Service Revenue: $10,464,866
- Gross Receipts: $11,508,157
Assets and Liabilities:
- Total Assets: $6,729,174
- Total Liabilities: $3,078,389
- Net Assets: $3,650,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$9,885,238
AFTER SCHOOL CARE
Revenue
$367,838
SUMMER CAMP
Revenue
$162,336
TRANSPORTATION FEES
Revenue
$26,011
ATHLETICS
Revenue
$14,140
Organization Details
Founding Year
2008
Phone
(512) 782-2327Principal Officer
Bjorn Billhardt
Main Address
7938 GREAT NORTHERN BLVD, AUSTIN, TX, 78757
Website
www.magellanschool.orgNTEE Category
Code: B20 - Education
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