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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Magellan Education Foundation Inc.

Magellan Education Foundation Inc.

Fiscal year ending 2024. Filed on April 29, 2025.

9324 Baileywick Road
Raleigh, North Carolina 27615

Magellan Education Foundation Inc. (EIN: 20-3971056) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Magellan Education Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $158,309. The highest compensated employee at Magellan Education Foundation Inc. is Jessica O'Donovan with fiscal year 2024 compensation of $158,309.

Revenue, expenses, and employee compensation

Revenue

$474,892

Expenses

$362,170

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jessica O'Donovan
Secretary
$158,309
$0 $144,000 $14,309

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Boucher
Board President
Jim Derrickson
Vice President
Jim Nowak
Board Member
Mike Lotterhos
Board Member
Sean Witty
Board Member
Suzy Allaire
Board Member

Mission Statement

TO SUPPORT AND MANAGE ASSETS FOR THE MAGELLAN CHARTER SCHOOL AND OTHER INNOVATIVE EDUCATIONAL PROGRAMS ASSOCIATED WITH OR SUPPORTING THAT SCHOOL AND ITS PROGRAMS.

Revisions to this organization profile

April 29, 2025:
2024 Magellan Education Foundation Inc. 990 filed
March 19, 2024:
2023 Magellan Education Foundation Inc. 990 filed
February 1, 2023:
2022 Magellan Education Foundation Inc. 990 filed

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