Magnet Schools of America Inc

WASHINGTON, DC EIN: 76-0428386 Website

Magnet Schools of America provides leadership for innovative instructional programs that promote equity, diversity, and academic excellence for all students in public school choice programs.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.6M

+18.5% YoY

Annual Giving

-100.0% YoY

Grant Count

0

-100.0% YoY

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$1,576,711$1,330,679$1,382,517
Revenue$3,879,654$2,857,007$2,838,835
Expenses$3,573,031$2,843,674$2,992,762
Qualifying Distributions
Net Investment Income$47,840$13,648$33,323
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$12K$17K0 grants20200 grants20210 grants20228 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Magnet Schools of America Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ramin TaheriCEO$208KKelly BucherieDirector of NIMSL$163KMaw Yang ShenCOO$134KJayme RawsonRegion II Director$31KDr Michelle FrazierPast President$18KSusan KingPast President$11KKade SochorRegion II Director$1K

From 2024 filing

NameTitleHoursCompensation
Dr Kimberly LanePresident2
Corri RocheSecretary2
Dr Monika WileyTreasurer2
Theresa PorterImmediate Past President2
Dr Keith AbrahamsSpecialized Director2
Dr Michelle FrazierPast President2$17,950
Walter HallRegion IV Director2
Susan KingPast President2$10,850
Doreen MarvinPast President2
Brenden MimsRegion I Director2
Magda PereiraRegion III Director2
Jayme RawsonRegion II Director2$31,200
Jillian SchulteRegion VI Director2
Kade SochorRegion II Director2$1,000
Barbara TurnerSpecialized Director2
Francesca Ver PloeghRegion IV Director2
Ramin TaheriCEO40$208,000
Maw Yang ShenCOO40$134,368
Kelly BucherieDirector of NIMSL40$162,648

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

7states

Cities

Baton RougeChatsworthColumbiaLas VegasNe BlaineNorth HollywoodRaleighRichmond Hill

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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