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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 2023. Filed on March 13, 2024.

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 2023 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 $196,076. The highest compensated employee at Magnolia Educational and Research Foundation is Alfredo Rubalcava with fiscal year 2023 compensation of $267,572.

Revenue, expenses, and employee compensation

Revenue

$31,976,044

Expenses

$76,945,341

Employee compensation

$48,289,363
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alfredo Rubalcava
Chief Executive Officer
$267,572
$248,000 No related comp$19,572
David E Yilmaz
Chief Accountability Offic
$196,835
$177,263 No related comp$19,572
Erdinc Acar
Deputy Superintendent
$195,610
$176,038 No related comp$19,572
Suat Acar
Chief Operating Officer
$195,335
$175,763 No related comp$19,572
Steve Budhraja
Chief Financial Officer
$184,500
$171,423 No related comp$13,077
Patrick Anton Ontiveros
Chief Facility Officer
$184,217
$184,217 No related compNo other comp
Brenda Olivares
Chief External Officer
$179,732
$160,160 No related comp$19,572
Rasul Monoshev
Information Technology Director
$164,809
$144,814 No related comp$19,995

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

Cfomw Tax LLC
Erc Tax Consultant
$659,739
Riders Express
Student Transportation
$426,000
Zingo Construction
Construction
$336,000

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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