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Filing year 2023

GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP

Hapeville, Georgia·EIN 72-1552418·NTEE B29 · Education·501(c)(3)
Total revenue
$9.1M
Total assets
$19.2M
Total expenses
$9.2M
Reported officers
6
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.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Georgia.

Executive Director
Median to 75th percentile
$146k
$156k
Principal (hcca)
Officer (Unspecified)
$109k
$116k
Principal (hcms)
Officer (Unspecified)
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $146k in 2022 to $146k in 2023.

$146k
2022
$146k
2023
In today's dollarsEst.
Down 5% in real terms$164k to $156k

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 3%.

$146k in 2022 to $146k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP

What does the Chief Executive Officer of GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP earn?

In 2023, the Chief Executive Officer of GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP received $145,658 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Georgia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP compare with similar nonprofits?

Compared with the same role at Education organizations in Georgia, the 2023 pay of the Chief Executive Officer at GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP falls between the median and the 75th percentile. In 2023, the highest total compensation at GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP's revenue and expenses?

In 2023, GEORGIA MAGNET CHARTER SCHOOLS FOUNDATIONS CORP reported $9.1M in total revenue and $9.2M in total expenses on its IRS Form 990.

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