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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 Magnolia Educational and Research Foundation

Magnolia Educational and Research Foundation

Fiscal year ending 2024. Filed on January 15, 2025.

250 E 1st St 1500
Los Angeles, California 90012

Magnolia Educational and Research Foundation (EIN: 95-4649884) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Magnolia Educational and Research Foundation, a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $206,751. The highest compensated employee at Magnolia Educational and Research Foundation is Alfredo Rubalcava with fiscal year 2024 compensation of $274,357.

Revenue, expenses, and employee compensation

Revenue

$84,399,638

Expenses

$78,564,322

Employee compensation

$51,715,343
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alfredo Rubalcava
Chief Executive Officer
$274,357
$255,694 No related comp$18,663
Erdinc Acar
Deputy Superintendent
$209,553
$190,890 No related comp$18,663
David E Yilmaz
Chief Accountability Offic
$202,657
$183,994 No related comp$18,663
Suat Acar
Chief Operating Officer
$200,612
$181,949 No related comp$18,663
Steve Budhraja
Chief Financial Officer
$199,711
$187,269 No related comp$12,442
Patrick Anton Ontiveros
Chief Facility Officer
$197,914
$190,935 No related comp$6,979
Brenda Lopez
Chief External Officer
$186,444
$167,781 No related comp$18,663
Turan Cafer
Senior Controller
$182,756
$149,312 No related comp$33,444

Benchmark Employee Compensation

Non-Employee Board Members

Diane Gonzalez
Director
Dr Umit Yapenel
Director
Esra Eldem-Tunc
Director
Mekan Muhammedov
Chair
Salih Dikbas
Director
Sandra Covarrubias
Vice Chair

Contractors

Riders Express
Student Transportation
$525,686

Mission Statement

OUR MISSION IS TO RAISE CIVICALLY RESPONSIBLE SCIENTIFIC THINKERS.MPS IS A NETWORK OF 10 HIGH-PERFORMING PUBLIC CHARTER SCHOOLS THAT SERVES 3890 STUDENTS IN LOS ANGELES,ORANGE,AND SAN DIEGO COUNTIES. THE SCHOOLS ARE AUTHORIZED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT (4), LOS ANGELES COUNTY OFFICE OF EDUCATION (4), SAN DIEGO UNIFIED SCHOOL DISTRICT (1) AND THE CALIFORNIA DEPARTMENT OF EDUCATION (1). FOR MORE THAN 15 YEARS, MPS HAS DELIVERED HIGH-QUALITY EDUCATION EMPHASIZING SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH. U.S. NEWS AND WORLD REPORT AND THE WASHINGTON POST RANK MPS SCIENCE ACADEMIES AMONG THE TOP SCHOOLS IN THE COUNTRY.

Revisions to this organization profile

January 15, 2025:
2024 Magnolia Educational and Research Foundation 990 filed
March 13, 2024:
2023 Magnolia Educational and Research Foundation 990 filed
January 23, 2023:
2022 Magnolia Educational and Research Foundation 990 filed

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