Overview
What is Magnet Schools Of America Inc?
Magnet Schools of America Inc. is a Washington D.C.-based nonprofit organization, specifically located at 1909 K Street NW C140. Their primary mission is to champion high-quality educational programs that foster choice, equity, and diversity, ultimately promoting academic excellence for all students. They accomplish this by organizing conferences across the nation, offering training opportunities for educators, parents, and community stakeholders. These events showcase innovative practices in magnet school themes and curriculums, allowing attendees to tour exemplary magnet schools within the hosting district. With a team of five dedicated individuals, Magnet Schools of America plays a crucial role in shaping and advancing public school choice programs that embrace diversity and strive for academic excellence.
Official website here: www.magnet.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating from Charity Navigator.
Magnet Schools Of America Inc has received a solid Three-Star rating, indicating a reliable level of accountability and financial health. The organization achieved an impressive accountability and finance score of 81%. This score reflects the charity's effective governance practices, including a fully independent board and no material diversion of assets, which underscores their commitment to transparency and responsible fiscal management.
The organization boasts strong metrics such as a high program expense ratio of 88.65%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. Furthermore, it has established robust policies including conflict of interest, whistleblower protections, and document retention, which are essential for maintaining ethical operations.
While the organization demonstrates a commendable level of financial responsibility, the overall rating, based entirely on the accountability and finance score, suggests that other areas may not have been assessed. This could leave potential donors and stakeholders wanting more information about program effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Magnet Schools Of America Inc?
100% of 12 reviewers on Facebook recommend Magnet Schools Of America Inc. Here is a summary of their reviews:
The organization is praised for its commitment to enhancing educational opportunities. Reviewers consistently express admiration for its foundation and the impactful work it does in the educational sector, particularly in promoting high-quality magnet schools.
Overall, the sentiment towards the nonprofit is overwhelmingly positive, with supporters recognizing its efforts to provide excellent education and advocating for innovative schooling options. Users feel that the organization truly delivers on its mission to improve educational experiences for students.
This AI summary has been generated from reviews found on Facebook.
Is Magnet Schools Of America Inc legitimate?
Magnet Schools Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnet Schools Of America Inc 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: $321,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,269
For more financial information, click here
Official website here: www.magnet.edu
What is the mission statement of Magnet Schools Of America Inc?
Magnet Schools of America Inc. plays a significant role in championing high-quality educational programs that foster choice, equality, diversity, and academic excellence for all students. Their mission is to lead the way in establishing innovative instructional methods for public school choice programs, ensuring that these initiatives promote equity and diversity among students. Through various conferences held across the country, they offer educators, parents, and community stakeholders the chance to enhance their skills, learn about cutting-edge practices in magnet school themes, and visit exemplary magnet schools within the hosting district.
Official website here: www.magnet.edu
Who is the CEO of Magnet Schools Of America Inc?
Ramin Taheri is the President of Magnet Schools Of America Inc.
Official website here: www.magnet.edu
What is the revenue of Magnet Schools Of America Inc?
Magnet Schools Of America Inc's revenue in 2022 was $2,838,835.
Official website here: www.magnet.edu
Who are the executives of Magnet Schools Of America Inc and what are their salaries?
The average compensation at Magnet Schools Of America Inc during 2022 was $155,110. There are 5 employees at Magnet Schools Of America Inc.
Here are 26 key members and their salaries:
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- Other: $38,781
Official website here: www.magnet.edu
Where can I find the form 990 for Magnet Schools Of America Inc?
Magnet Schools Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magnet.edu
Learn more at the official website: www.magnet.edu
Mission Statement of Magnet Schools Of America Inc
Magnet Schools of America, a reputable organization, is committed to leading the advancement of top-notch educational programs that foster choice, equality, diversity, and academic excellence for all students. Its mission is twofold: to champion innovative instructional methods and to promote equitable opportunities for learning in public school choice programs. By doing so, Magnet Schools of America aims to ensure that every student, regardless of their background or abilities, can thrive in an environment that celebrates diversity and encourages academic achievement.
Conferences are a key part of Magnet Schools of America's strategy. These events are held across the nation, offering educators, parents, and community stakeholders a platform to engage with cutting-edge practices in magnet school themes and curriculums. Participants also have the opportunity to tour exemplary magnet schools within the hosting district, thereby gaining valuable insights and inspiration for their own educational initiatives. Through these conferences, Magnet Schools of America not only supports the professional development of educators but also fosters a sense of community among those invested in the success of magnet schools.
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Impact
July, 2024
Magnet Schools of America provides leadership for high quality instructional programs that promote choice, equity, diversity, and academic excellence for all students. By organizing conferences across the country, they offer educators, parents, and community stakeholders the chance to receive training, exposure to innovative practices in magnet school themes and curriculum, and to tour exemplary magnet schools within the host district. This organization's impact is significant in advancing educational opportunities that prioritize equity, diversity, and academic excellence in public school choice programs.
This information is meant to be a general summary of Magnet Schools Of America Inc. 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: $33,323
- Program Service Revenue: $2,484,860
- Gross Receipts: $2,838,835
Assets and Liabilities:
- Total Assets: $1,382,517
- Total Liabilities: $525,159
- Net Assets: $857,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
Revenue
$1,298,392
NIMSL contracts
Revenue
$1,131,227
Promotional items
Revenue
$55,241
Organization Details
Founding Year
1994
Phone
(202) 824-0672Principal Officer
Ramin Taheri
Main Address
1909 K Street NW C140, Washington, DC, 20006
Website
www.magnet.eduNTEE Category
Code: B99Z - Education
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