To support academic achivevement and carrer readiness by providing business/education partnerships.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 4 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $19K a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$377K
-24% vs prior year
Spent
$377K
To programs
82%
Net assets
$320K
By yearFY2021–FY2025
Revenue
$377K
FY2025▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2021$156K
FY2022$345K
FY2023$348K
FY2024$495K
FY2025$377K
Expenses
$377K
FY2025▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2021$213K
FY2022$354K
FY2023$415K
FY2024$455K
FY2025$377K
Net assets
$320K
FY2025-0.2%
Tap a bar for its year
Net assets by fiscal year
FY2021$351K
FY2022$348K
FY2023$281K
FY2024$321K
FY2025$320K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $309K Management & general 18% · $69K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer (thru Jan 31, 2025)
$27,540Pt VII · Sec A
Chief Executive Officer (from Feb 1, 2025)
$17,620Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Debra a Simmons’s $28K as Chief Executive Officer (thru Jan 31, 2025) is at the 20th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Debra a Simmons$27,540$43,740$21,760——
William O McAuliff———$18,977$14,276
Robert Quinn$17,620————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Magnet Educational Choice Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects businesses and schools to boost student achievement and career readiness.

Questions for Magnet Educational Choice Association INC

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Provided by the organization

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1 program · $309K · in their own filed words · FY2024
01

Various Miami-Dade County Magnet School Programs including the Academy of Hospitality and Tourism, Future Business Leaders of America (FBLA), Academy of Finance, Theatre Arts, Musical Arts (Rock Program), and the Distributive Education (DECA) Programs.

$309Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$17K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$377K
Ln 12
Gifts and grantsLn 1h$369K
Investment incomeLn 3$7K
Money outPt IX
$377K
Ln 25
Programscol B$309K
Managementcol C$69K
Owns and owesPt X
$320K
net assets · Ln 32
Cash and savingsLn 1–2$314K
Total assetsLn 16$352K
LiabilitiesLn 26$31K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$369K
Investment incomeLn 3$7K
Total revenueLn 12$377K
Assets in detailPt X, end of year
CashLn 1$159K
SavingsLn 2$156K
Cash and savings togetherLn 1–2$314K
Total assetsLn 16$352K
LiabilitiesLn 26$31K
Net assetsLn 32$320K
OperationsPt I, VI
EmployeesI 51
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$336K$314K
Total assetsLn 16$350K$352K
LiabilitiesLn 26$29K$31K
Net assetsLn 32$321K$320K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$44K$44K
Other fees for servicesLn 11g$25K$10K$14K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$7K$7K$432
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$166K$166K$56
Other expenses (24a–d)Ln 24$115K$112K$3K
All other expensesLn 24e$15K$8K$7K
Total functional expensesLn 25$377K$309K$69K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $377K$377K−$774$320K 990 PDF
FY2024 $495K$455K$40K$321K 990 PDF
FY2023 $348K$415K−$67K$281K 990 PDF
FY2022 $345K$354K−$9K$348K 990 PDF
FY2021 $156K$213K−$57K$351K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $376,626 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $420,486$369,326
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $4,480$7,300
I-11 Other revenuePrior year $69,624$0
I-12 Total revenuePrior year $494,590$376,626
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $45,843$43,691
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $408,910$333,709
I-18 Total expensesPrior year $454,753$377,400
I-19 Revenue less expensesPrior year $39,837−$774
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $376,626 across 4 lines filed
VIII-1f All other contributions, gifts and grants$369,326
VIII-1h Total contributions, gifts and grants$369,326
VIII-3 Investment incomeRelated to mission $7,300$7,300
VIII-12 Total revenueRelated to mission $7,300 · Unrelated business $0 · Excluded from tax $0$376,626
Part IX · Statement of functional expenses $377,400 across 8 lines filed
IX-5 Pay of current officers, directors and key staffManagement $43,691$43,691
IX-11g Other fees for servicesPrograms $10,487 · Management $14,050$24,537
IX-12 Advertising and promotionPrograms $2,649$2,649
IX-13 Office expensesPrograms $6,637 · Management $432$7,069
IX-17 TravelPrograms $3,132$3,132
IX-19 Conferences, conventions and meetingsPrograms $166,260 · Management $56$166,316
IX-24 Other expenses (24a–d)Programs $111,848 · Management $3,158$115,006
IX-24e All other expensesPrograms $7,788 · Management $7,212$15,000
IX-25 Total functional expensesPrograms $308,801 · Management $68,599 · Fundraising $0$377,400
Part X · Balance sheet $351,525 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $182,131$158,629
X-2 Savings and temporary cash investmentsStart of year $153,655$155,536
X-4 Accounts receivableStart of year $14,500$37,360
X-16 Total assetsStart of year $350,286$351,525
X-17 Accounts payable and accrued expensesStart of year $29,109$31,122
X-26 Total liabilitiesStart of year $29,109$31,122
X-27 Net assets without donor restrictionsStart of year $20,897$15,104
X-28 Net assets with donor restrictionsStart of year $300,280$305,299
X-32 Total net assets or fund balancesStart of year $321,177$320,403
X-33 Total liabilities and net assetsStart of year $350,286$351,525
Part XI · Reconciliation of net assets $320,403 net assets at year end
XI-1 Total revenue$376,626
XI-2 Total expenses$377,400
XI-3 Revenue less expenses−$774
XI-4 Net assets at start of year$321,177
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$320,403

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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