Magnolia Global Academy For Leaders-mgal is a 501(c)(3) organization based in Santa Rosa, California, registered in 2021, with $420,262 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$420K
▼ 1.9% vs prior year
Education median: $200K
Expenses (FY2024)
$398K
Net assets
$191K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Magnolia Global Academy For Leaders-mgal— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Magnolia Global Academy For Leaders-mgal: 6 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Magnolia Global Academy For Leaders-mgal— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Magnolia Global Academy For Leaders-mgal: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $28K (FY2021) to $420K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$191K
Total liabilities
$0
Net assets
$191K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $420,262▼1.9% | $398,378▲34.2% | $191,206▲12.9% | $191,206▲12.9% | 990 |
| 2023 | $428,245▲258% | $296,907▲183% | $169,322▲346% | $169,322▲346% | 990 |
| 2022 | $119,509▲330% | $104,798▲2223% | $37,984▲63.2% | $37,984▲63.2% | 990EZ |
| 2021 | $27,784 | $4,511 | $23,273 | $23,273 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Magnolia Global Academy For Leaders-mgal totaling $285K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Massachusetts Higher Education Assistance Corporation | Career exploration | 2024 | $65,000 |
| New Schools Fund | Learning differences | 2023 | $200,000 |
| National Philanthropic Tr | Education | 2022 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
Explore more
Data for Magnolia Global Academy For Leaders-mgal (EIN 86-2917448) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.