Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
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
4 people listed on the 990.
Magdy Rabeaa’s $127K as Executive Director is at the 92nd 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Magdy Rabeaa | $126,854 | $105,028 | $121,000 | $117,455 | — |
| Mike Van Kuelen | — | — | — | — | $44,000 |
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.
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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
Improve schools using research and best practices for student success.
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Students prepared to succeed champions the advancement of partner charter schools by providing support across various operational and educational facets. By fostering close collaborations with school boards, we enhance teacher training, promote effective staff retention and recruitment strategies, student enrollment, and uphold high…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $312K | $324K |
| Total assetsLn 16 | $389K | $343K |
| LiabilitiesLn 26 | $52K | $15K |
| Net assetsLn 32 | $337K | $328K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $107K | $104K | $2K | |
| Pension plan contributionsLn 8 | $10K | $10K | $35 | |
| Other employee benefitsLn 9 | $12K | $11K | $579 | |
| Payroll taxesLn 10 | $8K | $8K | $27 | |
| Management feesLn 11a | $191K | $126K | $65K | |
| Accounting feesLn 11c | $45K | $42K | $3K | |
| Other fees for servicesLn 11g | $65K | $46K | $19K | |
| Office expensesLn 13 | $9K | $8K | $320 | |
| OccupancyLn 16 | $2K | $2K | $118 | |
| TravelLn 17 | $380 | $380 | ||
| InsuranceLn 23 | $5K | $5K | $245 | |
| Other expenses (24a–d)Ln 24 | $22K | $1K | $21K | |
| All other expensesLn 24e | $2K | $2K | $14 | |
| Total functional expensesLn 25 | $477K | $365K | $112K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $540K | $602K | −$62K | $337K | 990 PDF |
| FY2023 | $1.6M | $1.3M | $320K | $400K | 990 PDF |
| FY2022 | $683K | $593K | $90K | $71K | 990 PDF |
| FY2021 | $387K | $284K | $103K | −$19K | 990 PDF |
| FY2020 | $252K | $265K | −$13K | −$122K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (5 parts)
Part I · Summary $467,693 revenue, 12 lines filed
Part VIII · Statement of revenue $467,693 across 3 lines filed
Part IX · Statement of functional expenses $477,479 across 13 lines filed
Part X · Balance sheet $342,890 assets, 8 lines filed
Part XI · Reconciliation of net assets $327,539 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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