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Filing year 2023

MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION

Los Angeles, California·EIN 95-4649884·NTEE B90 · Education·3
Total revenue
$84.4M
Total assets
$76.1M
Total expenses
$78.6M
Reported officers
14
Mission

OUR MISSION IS TO RAISE CIVICALLY RESPONSIBLE SCIENTIFIC THINKERS.MPS IS A NETWORK OF 10 HIGH-PERFORMING PUBLIC CHARTER SCHOOLS THAT SERVES 3890 STUDENTS IN LOS ANGELES,ORANGE,AND SAN DIEGO COUNTIES. THE SCHOOLS ARE AUTHORIZED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT (4), LOS ANGELES COUNTY OFFICE OF EDUCATION (4), SAN DIEGO UNIFIED SCHOOL DISTRICT (1) AND THE CALIFORNIA DEPARTMENT OF EDUCATION (1). FOR MORE THAN 15 YEARS, MPS HAS DELIVERED HIGH-QUALITY EDUCATION EMPHASIZING SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH. U.S. NEWS AND WORLD REPORT AND THE WASHINGTON POST RANK MPS SCIENCE ACADEMIES AMONG THE TOP SCHOOLS IN THE COUNTRY.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2023

Base
$256k
Bonus
Other
Benefits
$19k
Deputy Superintendent
highest compensated employee
$210k
$232k
Base
$191k
Bonus
Other
Benefits
$19k
Chief Accountability Offic
highest compensated employee
$203k
$224k
Base
$184k
Bonus
Other
Benefits
$19k
Chief Operating Office
highest compensated employee
$201k
$222k
Base
$182k
Bonus
Other
Benefits
$19k
Chief Financial Officer
$200k
$221k
Base
$187k
Bonus
Other
Benefits
$12k
Chief Facility Officer
key employee
$198k
$219k
Base
$191k
Bonus
Other
Benefits
$7k
Chief External Officer
highest compensated employee
$186k
$206k
Base
$168k
Bonus
Other
Benefits
$19k
Senior Controller
highest compensated employee
$183k
$202k
Base
$149k
Bonus
Other
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Up 3%
from 2022

From $268k in 2022 to $274k in 2023.

$268k
2022
$274k
2023
In today's dollarsEst.
Down 1% in real terms$306k to $303k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$32M
$76.9M
2022
$84.4M
$78.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in California

Comparable education organizations in California pay their highest-earning executive a median of $148,506.

25th percentile
$76k
Median
$148,506
75th percentile
$230k
90th percentile
$390k

These are education sector-wide figures, not this organization's reported pay. Based on 1,455 organizations across 1,455 filings (2021 – 2023).

See full Education pay data for California
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