Overview
What is Magnolia Educational And Research Foundation?
The Magnolia Educational and Research Foundation is a nonprofit organization based in Los Angeles, California, with a workforce of 526 employees. They operate ten Magnolia Science Academies (MSA) charter schools, serving over 3,700 students in grades kindergarten through twelve across California. Dedicated to fostering scientific thinkers, MERF's mission extends beyond academic excellence in STEM fields, offering a comprehensive education rooted in standards and a culture of excellence. The network of high-performing public charter schools, authorized by various educational entities, has been delivering quality education for more than fifteen years, earning recognition as top-ranked schools by U.S. News and World Report and The Washington Post.
Is Magnolia Educational And Research Foundation legitimate?
Magnolia Educational And Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Educational And Research Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $575,109
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,136,697
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Mission Statement of Magnolia Educational And Research Foundation
The Magnolia Educational and Research Foundation, a California-based nonprofit organization, is dedicated to inspiring students to pursue career paths in Science, Technology, Engineering, and Math (STEM), while providing them with a robust, standards-based education program in a nurturing environment of excellence. Serving over 3,890 students across Los Angeles, Orange, Santa Clara, and San Diego Counties, MERF operates eleven Magnolia Science Academy charter schools. These institutions, authorized by the Los Angeles Unified School District, Los Angeles County Office of Education, San Diego Unified School District, and the California Department of Education, have delivered high-quality education for over fifteen years, emphasizing science, technology, engineering, arts, and math.
The Magnolia Educational and Research Foundation's mission is to cultivate civically responsible scientific thinkers. Their network of ten high-performing public charter schools ranks among the top schools in the country, according to U.S. News & World Report and The Washington Post. By focusing on STEM education and offering a rigorous academic program, MERF aims to prepare the next generation of innovators and problem solvers.
Impact
This information is meant to be a general summary of Magnolia Educational And Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Magnolia Educational And Research Foundation, operating eleven Magnolia Science Academy (MSA) charter schools in California, has had a significant impact on 3,890 students. Dedicated to inspiring students to pursue STEM career paths, MERF provides a robust, standards-based education program within a culture of excellence. This has resulted in producing civically responsible scientific thinkers, with the schools consistently ranking among the top in the country for their emphasis on science, technology, engineering, arts, and math education.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2005
Phone
(714) 892-5066
Principal Officer
Steve Budhraja
Main Address
250 E 1ST ST 1500, LOS ANGELES, CA, 90012
NTEE Category
Code: B29 - Education
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