Nonprofit screen
Screen a listMagnet Educational Choice Association Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$377krevenue
FY2025 · +9% in 3 yrs1staff
7 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−0.2%
Months of reserve10.0mo
Revenue growth (annualized)−6.6%
Middle half of peersMedianMagnet Educational Choice Association
Where the money goes FY2025 · $377k spent
Programs$309k82%Management and general$69k18%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$67k in FY2023 and −$774 in FY2025. Cash covers 10.0 months, above the peer median of 6.7.
990 Part I and balance sheetIn its favor
None found in the filings.
7funders
$48ka year, last 3 years
63%from its largest funder
Funder’18’19’20’21’22’23NafOn and off$26k$15k$50k$41kAkamai Foundation IncSince FY2021$10k$10k$10kInvest in Others Charitable FoundationOn and off$20kThe Russell & Ronalee Galbut Family Foundation IncOn and off$6kThe Garner FoundationNew in FY2023$4kDonor-advised giftsDonors not disclosed$10k
FundedThrough a donor-advised fund