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Georgia Magnet-Charter Schools Foundation Corp

Georgia Magnet-Charter Schools Foundation Corp

Hapeville, GA 30354
Tax ID72-1552418

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About this organization

Revenue

$11,258,032

Expenses

$11,151,877

Mission

The Georgia Magnet/Charter Schools Foundation, Corp. was formed to govern Hapeville Charter School and Career Academy, a Fulton County School System public charter school providing instruction to grades 6 through 12 who reside within the Fulton County School System attendance zone.

About

The organization's program service is to increase student achievement of the students attending Hapeville Charter Schools (which includes Hapeville Charter Middle School and Hapeville Charter Career Academy). During the 2018-2019 school year, 1,000+ students were enrolled in grades 6 through 12. The graduation rate was reported at 95%. A portion of the total revenues of $10,988,225 included federal free/reduced reimbursements and federal Title I grants. During the 2018-2019 school year, the total expenses were $11,151,877.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “The georgia magnet/charter schools foundation, corp. was formed to govern hapeville charter school and career academy, a fulton county school system public charter school providing instruction to grades 6 through 12 who reside within the fulton county school system attendance zone.”.

When detailing its responsibilities, they were listed as: “The georgia magnet/charter schools foundation, corp. was formed to govern hapeville charter school and career academy, a fulton county school system public charter school providing instruction to grades 6 through 12 who reside within the fulton county school system attendance zone.”.

  • The state in which the non-profit is legally permitted to operate is GA.
  • The address of the non-profit for 2020 according to the filing is PO BOX 82548, HAPEVILLE, GA, 30354.
  • The number of employees reported by the non-profit on their form as of 2020 is 154.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $106,155.
  • The organization has 3 independent voting members.
  • The organization was formed in 2003.
  • The organization pays $6,974,004 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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