Georgia Magnet-Charter Schools Foundation Corp

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.

Ruling year info

2004

Principal Officer

TERRY MARTIN

Main address

PO Box 82548

Atlanta, GA 30354 United States

EIN

72-1552418

NTEE code info

Charter Schools (B29)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

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 2021-2022 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 $13,867,709 INCLUDED THE PPP LOAN FORGIVENESS, THE FEDERAL FREE/REDUCED REIMBURSEMENTS, AND FEDERAL TITLE I GRANTS. DURING THE 2021-2022 SCHOOL YEAR, THE TOTAL EXPENSES WERE $11,932,280.

Expenses
$8,150,595
Revenue
$5,906

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Financials

Georgia Magnet-Charter Schools Foundation Corp
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Operations

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This organization has no recorded board members.