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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 2017. Filed on March 7, 2018.

250 E 1st St No 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 2017 IRS Form 990 filing, Magnolia Educational and Research Foundation, a 501(c)(3) charitable organization, reported compensation for 8 out of 556 total employees. Among the employees shown here, the average compensation is $179,281. The highest compensated employee at Magnolia Educational and Research Foundation is Caprice Young with fiscal year 2017 compensation of $263,899.

Revenue, expenses, and employee compensation

Revenue

$45,577,282

Expenses

$44,953,982

Employee compensation

$28,939,908
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Caprice Young
Chief Executive Officer
$263,899
$246,632 No related comp$17,267
Oswaldo Diaz
Chief Financial Officer
$214,911
$194,712 No related comp$20,199
Terri Boatman
Chief Human Resources Officer
$193,848
$173,533 No related comp$20,315
Alfredo Rubalcava
Chief External Officer
$161,812
$132,500 No related comp$29,312
Suat Acar
Chief Operating Officer
$145,758
$117,187 No related comp$28,571
Erdinc Acar
Regional Director
$144,166
$114,750 No related comp$29,416
Kenya Jackson
Chief Academic Officer
$130,574
$115,625 No related comp$14,949
Nanie Montijo
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Diane Gonzalez
Director
Dr Remzi Oten
Director
Dr Umit Yapenel
Secretary
Haim Beliak
Director
Nguyen Huynh
Director
Noel Russell-Unterberger
President
Saken Sherkhanov
Director
Salih Dikbas
Director
Serdar Orazov
Treasurer

Contractors

21ST Century Staffing
Employment
$330,170
Gary Larson
Communications
$212,500
Preface Jcr Lake Atlin LLC
Rent
$200,000
Vavrinek Trine Day & CO LLP
Accounting
$193,428
Law Offices of Young Minney & Corr LLP
Legal
$172,615

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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