Civic Intelligence

Magellan Charter School

990 • Fiscal year 2021 • EIN 56-2019202

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 22, 2022

Organization ProfileWWW.MAGELLANCHARTERSCHOOL.ORG

View Organization Page

9324 Baileywick RdRaleigh, NC 27615

(919) 844-0277

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.34x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.10x

Higher debt load relative to revenue than 50% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Net Margin

22nd percentile

-0.4%

Higher net margin than 22% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$117,425

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Asset Growth

21st percentile

-1.3%

Faster asset growth than 21% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-1.1%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$1,143,819

Down $15,079 (-1.3%) from 2020

Net Assets

Down

$750,729

Down $17,847 (-2.3%) from 2020

Liabilities

Up

$393,090

Up $2,768 (+0.7%) from 2020

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin22nd percentile

Revenue

Down

$4,122,658

Down $47,592 (-1.1%) from 2020

Expenses

Up

$4,140,505

Up $223,405 (+5.7%) from 2020

Net Income

Down

-$17,847

Down $270,997 (-107%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,048,381Liabilities 2011: $260,330Net Assets 2011: $788,0512011Assets 2012: $996,726Liabilities 2012: $264,187Net Assets 2012: $732,5392012Assets 2013: $975,327Liabilities 2013: $277,846Net Assets 2013: $697,4812013Assets 2014: $917,984Liabilities 2014: $277,226Net Assets 2014: $640,7582014Assets 2015: $919,716Liabilities 2015: $283,806Net Assets 2015: $635,9102015Assets 2016: $845,999Liabilities 2016: $311,325Net Assets 2016: $534,6742016Assets 2017: $825,235Liabilities 2017: $332,342Net Assets 2017: $492,8932017Assets 2018: $790,981Liabilities 2018: $344,965Net Assets 2018: $446,0162018Assets 2019: $894,556Liabilities 2019: $379,130Net Assets 2019: $515,4262019Assets 2020: $1,158,898Liabilities 2020: $390,322Net Assets 2020: $768,5762020Assets 2021: $1,143,819Liabilities 2021: $393,090Net Assets 2021: $750,7292021Assets 2022: $1,092,499Liabilities 2022: $426,614Net Assets 2022: $665,8852022Assets 2023: $1,162,619Liabilities 2023: $446,902Net Assets 2023: $715,7172023Assets 2024: $1,293,530Liabilities 2024: $502,884Net Assets 2024: $790,6462024Assets 2025: $899,597Liabilities 2025: $506,017Net Assets 2025: $393,5802025

Highlighted filing

2021

Assets$1,143,819
Liabilities$393,090
Net Assets$750,729
Open 2021 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,231,316Expenses 2011: $3,328,162Net Income 2011: -$96,8462011Revenue 2012: $3,245,877Expenses 2012: $3,301,389Net Income 2012: -$55,5122012Revenue 2013: $3,258,656Expenses 2013: $3,293,714Net Income 2013: -$35,0582013Revenue 2014: $3,236,724Expenses 2014: $3,247,447Net Income 2014: -$10,7232014Revenue 2015: $3,294,373Expenses 2015: $3,299,221Net Income 2015: -$4,8482015Revenue 2016: $3,484,820Expenses 2016: $3,494,056Net Income 2016: -$9,2362016Revenue 2017: $3,573,572Expenses 2017: $3,569,353Net Income 2017: $4,2192017Revenue 2018: $3,699,223Expenses 2018: $3,700,100Net Income 2018: -$8772018Revenue 2019: $3,946,723Expenses 2019: $3,877,313Net Income 2019: $69,4102019Revenue 2020: $4,170,250Expenses 2020: $3,917,100Net Income 2020: $253,1502020Revenue 2021: $4,122,658Expenses 2021: $4,140,505Net Income 2021: -$17,8472021Revenue 2022: $4,568,279Expenses 2022: $4,653,123Net Income 2022: -$84,8442022Revenue 2023: $4,643,049Expenses 2023: $4,593,217Net Income 2023: $49,8322023Revenue 2024: $4,896,301Expenses 2024: $4,821,372Net Income 2024: $74,9292024Revenue 2025: $5,135,776Expenses 2025: $5,532,842Net Income 2025: -$397,0662025

Highlighted filing

2021

Revenue$4,122,658
Expenses$4,140,505
Net Income-$17,847
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 22, 2022
Return Version
2020v4.2
Gross Receipts
$4,122,658
Mission and Program Overview

Mission

The mission of the magellan charter school is to provide a challenging intellectual journey for highly motivated students in grades 3-8.

To provide a challenging intellectual journey for highly motivated students and establish a model academic community

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$671,466$760,394▲ $88,928
Rtn Earn Endowment Incm Other Fnds$768,576$750,729▼ $17,847
Cash and Non-Interest-Bearing Accounts$239,197$342,554▲ $103,357
Accounts Receivable$191,016--
Land, Buildings, and Equipment, Net$57,219$40,871▼ $16,348
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,158,898$1,143,819▼ $15,079
Liabilities
Accounts Payable and Accrued Expenses$390,322$393,090▲ $2,768
Total Liabilities$390,322$393,090▲ $2,768
Net Assets / Fund Balance
Total Net Assets Fund Balance$768,576$750,729▼ $17,847
Total Liabilities and Net Assets / Fund Balance$1,158,898$1,143,819▼ $15,079

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,871$129,243$170,114
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary GriffinAdminstrator (non-voting)FT$117,425$117,425
Gina RigginsController (non-voting)FT$104,909$104,909

Board Members and Trustees

NameTitle
Mallory UnderwoodChair
Marcia DavisVice Chair
DEIRDRE O'MALLEYBoard Member
Jay BowmanBoard Member
Larry CookBoard Member
Sean WittyBoard Member
Tate BombardBoard Member
Jessica OehlrichSecretary
Mike LotterhosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,119,701
Program Service Revenue
$0
Investment Income
$2,957
Other Revenue
$0
All Other Contributions
$104,505
Change in Net Assets
$-17,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,122,658
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$55,086
Total Revenue per Audited Statements
$4,177,744
Total Revenue per Form 990
$4,122,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,216,376
Other Expenses$924,129
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,070,278$418,549-$2,488,827
Occupancy$336,643$37,405-$374,048
Other Employee Benefits$197,238$30,103-$227,341
Current Officers, Directors, Trustees, and Key Employees$104,748$92,870-$197,618
Payroll Taxes$144,165$40,233-$184,398
Pension Plan Contributions$97,970$20,222-$118,192
All Other Expenses$40,924$36,309-$77,233
Other Expenses$75,497$710-$76,207
Insurance-$31,211-$31,211
Fees for Services Accounting-$17,220-$17,220
Depreciation Depletion$11,444$4,904-$16,348
Office Expenses-$2,149-$2,149
Total Functional Expenses$3,268,679$871,826$0$4,140,505

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,140,505
Expenses per Audited Statements$4,092,715
Total Expenses per Audited Statements$4,092,715
Expenses Not Reported on Financial Statements$47,790
Other Expense Adjustments$47,790
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 is made available for review to all board members via email”

Form 990, Part VI, Section B, Line 12C

“Board members complete an annual disclosure statement”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Magellan Charter School
EIN
56-2019202
Phone
9198440277
Address
9324 BAILEYWICK RD, RALEIGH, NC 27615

Signing Officer

Name
Mike Lotterhos
Title
Treasurer
Phone
9198440277
Signed
2022-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JESSICA O'DONOVAN
Formed
1997
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
60
Volunteers
100

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Wm James Black Jr
Phone
9197878212
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue reconciliation with audited financials”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Expense reconciliation with audited financials”

Schedule D Part XI Line 2D

“Audited financials include revenue for magellan education foundation, which is reported separately for tax purposes. Additionally, financial (non-transfer) transactions between the entities are eliminated in consolidated financial statements. Total adjustments to revenue after eliminations for magellan education foundation: $55,086”

Schedule D Part XII Line 4B

“Audited financials include expense for magellan education foundation, which is reported separately for tax purposes. Additionally, financial (non-transfer) transactions between the entities are eliminated in consolidated financial statements. Total adjustments to expense after elimination for magellan education foundation: $(47,790)”

Raw XML AppendixShowing 400 of 461 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2CLEANING/MAINTENANCE
IRS990/OtherExpensesGrp/Desc3NON-CAP EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt077980
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt153444
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28517
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3710
IRS990/OtherExpensesGrp/ProgramServicesAmt046351
IRS990/OtherExpensesGrp/ProgramServicesAmt166771
IRS990/OtherExpensesGrp/ProgramServicesAmt276650
IRS990/OtherExpensesGrp/ProgramServicesAmt375497
IRS990/OtherExpensesGrp/TotalAmt0124331
IRS990/OtherExpensesGrp/TotalAmt1120215
IRS990/OtherExpensesGrp/TotalAmt285167
IRS990/OtherExpensesGrp/TotalAmt376207
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0418549
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02070278
IRS990/OtherSalariesAndWagesGrp/TotalAmt02488827
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040233
IRS990/PayrollTaxesGrp/ProgramServicesAmt0144165
IRS990/PayrollTaxesGrp/TotalAmt0184398
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020222
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt097970
IRS990/PensionPlanContributionsGrp/TotalAmt0118192
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JESSICA O'DONOVAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04156675
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013575
IRS990/PYOtherExpensesAmt0966456
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0253150
IRS990/PYSalariesCompEmpBnftPaidAmt02950644
IRS990/PYTotalExpensesAmt03917100
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04170250
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-17847
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0768576
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0750729
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0671466
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0760394
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt047790
IRS990ScheduleD/ExpensesSubtotalAmt04092715
IRS990ScheduleD/OtherExpensesNotIncludedAmt047790
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040871
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0129243
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0170114
IRS990ScheduleD/OtherRevenueAmt055086
IRS990ScheduleD/RevenueNotReportedAmt055086
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04122658
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE RECONCILIATION WITH AUDITED FINANCIALS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSE RECONCILIATION WITH AUDITED FINANCIALS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2AUDITED FINANCIALS INCLUDE REVENUE FOR MAGELLAN EDUCATION FOUNDATION, WHICH IS REPORTED SEPARATELY FOR TAX PURPOSES. ADDITIONALLY, FINANCIAL (NON-TRANSFER) TRANSACTIONS BETWEEN THE ENTITIES ARE ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS. TOTAL ADJUSTMENTS TO REVENUE AFTER ELIMINATIONS FOR MAGELLAN EDUCATION FOUNDATION: $55,086
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3AUDITED FINANCIALS INCLUDE EXPENSE FOR MAGELLAN EDUCATION FOUNDATION, WHICH IS REPORTED SEPARATELY FOR TAX PURPOSES. ADDITIONALLY, FINANCIAL (NON-TRANSFER) TRANSACTIONS BETWEEN THE ENTITIES ARE ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS. TOTAL ADJUSTMENTS TO EXPENSE AFTER ELIMINATION FOR MAGELLAN EDUCATION FOUNDATION: $(47,790)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D PART XI LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D PART XII LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040871
IRS990ScheduleD/TotalExpensesPerForm990Amt04140505
IRS990ScheduleD/TotalRevenuePerForm990Amt04122658
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04177744
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04092715
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A STATEMENT OF NONDISCRIMINATION IS INCLUDED ON ALL WRITTEN COMMUNICATIONS TO THE PUBLIC DEALING WITH STUDENT ADMISSIONS AND ON THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS MADE AVAILABLE FOR REVIEW TO ALL BOARD MEMBERS VIA EMAIL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MAGELLAN EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0203971056
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE BUILDING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09324 BAILEYWICK ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RALEIGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027615
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0374048
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MAGELLAN EDUCATION FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01158898
IRS990/TotalAssetsEOYAmt01143819
IRS990/TotalAssetsGrp/BOYAmt01158898
IRS990/TotalAssetsGrp/EOYAmt01143819
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04119701
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0871826
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03268679
IRS990/TotalFunctionalExpensesGrp/TotalAmt04140505
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,143,819
Liabilities
$393,090
Net assets
$750,729
Revenue
$4,122,658
Expenses
$4,140,505
Net income
-$17,847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.90$0.51$0.39$5.14$5.53$0.40
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.50$0.79$4.90$4.82$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.45$0.72$4.64$4.59$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.43$0.67$4.57$4.65$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.39$0.75$4.12$4.14$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.39$0.77$4.17$3.92$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.38$0.52$3.95$3.88$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.34$0.45$3.70$3.70$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.33$0.49$3.57$3.57$0.00
2016Summary only. Only limited summary data is available for this year.$0.85$0.31$0.53$3.48$3.49$0.01
2015Summary only. Only limited summary data is available for this year.$0.92$0.28$0.64$3.29$3.30$0.00
2014Summary only. Only limited summary data is available for this year.$0.92$0.28$0.64$3.24$3.25$0.01
2013Summary only. Only limited summary data is available for this year.$0.98$0.28$0.70$3.26$3.29$0.04
2012Summary only. Only limited summary data is available for this year.$1.00$0.26$0.73$3.25$3.30$0.06
2011Summary only. Only limited summary data is available for this year.$1.05$0.26$0.79$3.23$3.33$0.10
Peer Organizations

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