Skip to main content

Nonprofit · EIN 59-2949915

PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC

Tax-exempt · OCALA, FL 34475

Financials

$2.3M$1.9M2022$2.2M$2.5M2023$2.2M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,245,045$2,134,102$110,943$4,233,757$62,367$4,171,390
June 30, 2024990$2,241,599$2,506,644-$265,045$4,045,905$57,053$3,988,852
June 30, 2023990$2,309,052$1,862,359$446,693$4,222,267$51,398$4,170,869
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,199,518
of which government grants
$226,564
Program service revenue
$0
Investment income
$45,208
Net gain from sales of assets
-$823
Net income from fundraising events
$319
Other revenue
$319

Expenses

Grants and similar amounts paid
$1,023,374
Compensation of officers, directors and key employees
$110,046
Other salaries and wages
$316,848
Salaries, compensation and benefits (total)
$596,365
Professional fundraising fees
$0
Accounting fees
$23,900
Occupancy
$8,969
Travel
$18,973
Depreciation
$529
Program services (functional)
$1,667,390
Management and general (functional)
$384,455
Fundraising (functional)
$82,257

Balance sheet and other

Total assets, start of year
$4,045,905
Total assets, end of year
$4,233,757
Total liabilities, end of year
$62,367
Net assets, end of year
$4,171,390
Land, buildings and equipment
$692
Publicly traded securities
$1,029,735
Gross receipts
$3,390,408
Employees
10
Volunteers
265
Year formed
1988
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR DIANE GULLETTBOARD MEMBER
Trustee or director
0.15$0$256,603$49,003
GINGER CRUZEBOARD MEMBER
Trustee or director
0.3$0$120,996$24,670
KEVIN CHRISTIANBOARD MEMBER
Trustee or director
0.95$0$114,815$29,677
GAY STREETBOARD MEMBER
Trustee or director
0.45$0$119,420$24,429
MELISSA CONNERBOARD MEMBER
Trustee or director
1.05$0$118,782$24,368
MEGHAN MAGAMOLLEXECUTIVE DIRECTOR
Officer
40$16,000$78,213$11,996
CASEY GRIFFITHBOARD MEMBER
Trustee or director
0.05$0$0$0
WILLIAM HARRISBOARD MEMBER
Trustee or director
0.02$0$0$0
KAREN HATCHTREASURER
Trustee or director, Officer
1.45$0$0$0
JENNIFER HATCHETTBOARD MEMBER
Trustee or director
1.85$0$0$0
MICHAEL MILLSBOARD MEMBER
Trustee or director
1.25$0$0$0
MEL POOLEPRESIDENT
Trustee or director, Officer
0.82$0$0$0
CHERI POTTERBOARD MEMBER
Trustee or director
0.89$0$0$0
JOHN WESTBOARD MEMBER
Trustee or director
0.01$0$0$0
DR LAUREN CARTWRIGHTBOARD MEMBER
Trustee or director
0.25$0$0$0
9 more people on this return
NameTitleHours / weekCompensation
JOHN D CERVELLERABOARD MEMBER
Trustee or director
0.35$0
TODD DUFFYBOARD MEMBER
Trustee or director
0.12$0
DON UMPLEBYBOARD MEMBER
Trustee or director
0.05$0
CHRIS YANCEYBOARD MEMBER
Trustee or director
0.65$0
DONNA CRESSBOARD MEMBER
Trustee or director
0.17$0
DEAN BLINKHORNBOARD MEMBER- FR 7/1
Trustee or director
0.55$0
DR CHARLES MCINTOSHBOARD MEMBER- FR 7/1
Trustee or director
0.13$0
JULIE SHEALYBOARD MEMBER- FR 7/1
Trustee or director
0.88$0
CINDY HARPERBOARD MEMBER- FR 7/1
Trustee or director
0.23$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR DIANE GULLETTBOARD MEMBER
Trustee or director
0.65$0$230,577$47,146
GINGER CRUZEBOARD MEMBER
Trustee or director
0.38$0$116,194$27,501
KEVIN CHRISTIANBOARD MEMBER
Trustee or director
0.61$0$112,737$27,360
GAY STREETBOARD MEMBER
Trustee or director
0.48$0$109,968$26,924
MELISSA CONNERBOARD MEMBER
Trustee or director
0.26$0$107,890$25,789
MEGHAN MAGAMOLLEXECUTIVE DI
Officer
40$13,000$76,367$13,869
DR LAUREN CARTWRIGHTBOARD MEMBER
Trustee or director
0.11$0$0$0
JOHN D CERVELLERABOARD MEMBER
Trustee or director
0.32$0$0$0
DONNA CRESSBOARD MEMBER
Trustee or director
0.21$0$0$0
TODD DUFFYBOARD MEMBER
Trustee or director
0.23$0$0$0
DR JENNIFER FRYNSBOARD MEMBER
Trustee or director
0.13$0$0$0
CASEY GRIFFITHBOARD MEMBER
Trustee or director
0.19$0$0$0
WILLIAM HARRISBOARD MEMBER
Trustee or director
0.36$0$0$0
KAREN HATCHTREASURER
Trustee or director, Officer
1.15$0$0$0
JENNIFER HATCHETTBOARD MEMBER
Trustee or director
1.25$0$0$0
STEWART HILLBOARD MEMBER
Trustee or director
0.19$0$0$0
TRAVIS MAGAMOLLBOARD MEMBER
Trustee or director
0.28$0$0$0
MICHAEL MILLSBOARD MEMBER
Trustee or director
0.72$0$0$0
MEL POOLEBOARD MEMBER
Trustee or director
0.61$0$0$0
CHERI POTTERBOARD MEMBER
Trustee or director
1.17$0$0$0
SAMANTHA RAUBAPRESIDENT
Trustee or director, Officer
0.71$0$0$0
SHELLY ROSSBOARD MEMBER
Trustee or director
0.07$0$0$0
ABBEY SLAVENBOARD MEMBER
Trustee or director
0.3$0$0$0
DON UMPLEBYBOARD MEMBER
Trustee or director
0.09$0$0$0
JOHN WESTBOARD MEMBER
Trustee or director
0.09$0$0$0
CHRIS YANCEYBOARD MEMBER
Trustee or director
0.28$0$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DIANE GULLETTBOARD MEMBER
Trustee or director
0.65$0$226,128$49,327
GINGER CRUZEBOARD MEMBER
Trustee or director
0.72$0$109,823$23,656
KEVIN CHRISTIANBOARD MEMBER
Trustee or director
1.02$0$109,544$23,728
GAY STREETBOARD MEMBER
Trustee or director
0.78$0$104,015$20,647
MELISSA FORSYTHBOARD MEMBER
Trustee or director
0.82$0$98,299$21,303
MEGHAN MAGAMOLLEXECUTIVE DI
Officer
40$8,000$65,220$26,251
MICHELLE COLBERTBOARD MEMBER
Trustee or director
0.73$0$0$0
DR JENNIFER FRYNSBOARD MEMBER
Trustee or director
0.25$0$0$0
GORDON GLOVERPRESIDENT
Trustee or director, Officer
0.82$0$0$0
CASEY GRIFFITHBOARD MEMBER
Trustee or director
0.55$0$0$0
WILLIAM HARRISBOARD MEMBER
Trustee or director
0.62$0$0$0
KAREN HATCHBOARD MEMBER
Trustee or director
0.88$0$0$0
JENNIFER HATCHETTBOARD MEMBER
Trustee or director
0.8$0$0$0
STEWART HILLBOARD MEMBER
Trustee or director
0.35$0$0$0
GEORGE KIRKLANDTREASURER
Trustee or director, Officer
0.95$0$0$0
TRAVIS MAGAMOLLBOARD MEMBER
Trustee or director
0.25$0$0$0
MICHAEL MILLSBOARD MEMBER
Trustee or director
1.5$0$0$0
MEL POOLEBOARD MEMBER
Trustee or director
0.63$0$0$0
CHERI POTTERBOARD MEMBER
Trustee or director
0.8$0$0$0
SAMANTHA RAUBABOARD MEMBER
Trustee or director
0.6$0$0$0
SHELLY ROSSBOARD MEMBER
Trustee or director
0.6$0$0$0
PATTY SCHIEFERBOARD MEMBER
Trustee or director
0.68$0$0$0
ABBEY SLAVENBOARD MEMBER
Trustee or director
0.3$0$0$0
ANGIE UMPLEBYBOARD MEMBER
Trustee or director
1.4$0$0$0
JOHN WESTBOARD MEMBER
Trustee or director
0.35$0$0$0

Address and contacts

Address (IRS master file)
1239 NW 4TH ST, OCALA, FL 34475-6444
Principal officer (990 for 2024)
MEGHAN MAGAMOLL, 1239 NW 4TH STREET, OCALA, FL 344756444
Signed the 990
MEGHAN MAGAMOLL, EXECUTIVE DIRECTOR
Phone
(352) 671-4167
Return prepared by
PURVIS GRAY & COMPANY LLP

Mission

TO FINANCIALLY AND MATERIALLY SUPPORT MARION COUNTY PUBLIC SCHOOLS, ITS STUDENTS AND TEACHERS. THIS IS DONE BY FOCUSING COMMUNITY INTEREST ON PUBLIC EDUCATION; INITIATING SUPPORT AND UNDERWRITING PROJECTS AND PROGRAMS THAT BENEFIT STUDENTS, TEACHERS, ADMINISTRATORS, AND MARION COUNTY PUBLIC SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • SEE SCHEDULE OTAKE STOCK IN CHILDREN IS A PROGRAM FOR DESERVING LOW-INCOME CHILDREN IN MARION COUNTY TO ESCAPE THE CYCLE OF POVERTY BY OFFERING STUDENTS COLLEGE SCHOLARSHIPS IF THEY FOLLOW PROGRAM GUIDELINES. EACH STUDENT IS ALSO PROVIDED A CARING VOLUNTEER MENTOR THAT MEETS WITH THE STUDENT ONCE A WEEK FOR ALL 4 YEARS OF HIGH SCHOOL. THE GOAL IS TO REDUCE HIGH SCHOOL DROP-OUTS AND INCREASE THE NUMBER OF STUDENTS WHO FINISH COLLEGE. DURING THE 2024-2025 YEAR THERE WERE 256 ACTIVE MIDDLE AND HIGH SCHOOL STUDENTS IN THE PROGRAM WITH EACH OF THOSE STUDENTS HAVING A 100% MENTOR MATCH. THERE ARE 195 ACTIVE STUDENT MENTORS WITH MULTIPLE VOLUNTEERS MENTORING MORE THAN 1 STUDENT. COLLEGE TUITION SCHOLARSHIPS WERE AWARDED TO THE 42 STUDENTS IN THE GRADUATING CLASS OF 2025. THE PROGRAM BOASTS A 98% HIGH SCHOOL GRADUATION RATE COMPARED TO 72% OF THEIR AT-RISK PEER GROUP IN FLORIDA.
    Expenses $409,772 · grants $135,248
  • TOOLS 4 TEACHING IS DESIGNED TO ALLOW TEACHERS TO OBTAIN FREE TEACHING MATERIALS AND OTHER FREE SUPPLIES FOR THEIR CLASSROOMS AND STUDENTS IN NEED. THE GOAL IS TO ALLOW BOTH TEACHERS AND STUDENTS TO HAVE THE TOOLS NECESSARY FOR SUCCESS. ALL MARION COUNTY PUBLIC SCHOOL TEACHERS MAY SHOP ONCE A MONTH FOR FREE SUPPLIES. TEACHERS WHO HAVE THE MATERIALS AND SUPPLIES NECESSARY TO TEACH ARE MORE MOTIVATED TO TEACH AND THE QUALITY OF THEIR TEACHING IS IMPROVED. IN ANNUAL SURVEY RESPONSES, TEACHERS REPORTED THAT HAVING ADEQUATE SCHOOLS SUPPLIES IMPROVED STUDENT GRADES, ATTENDANCE, BEHAVIOR AND SELF-ESTEEM. DURING THE 2024-2025 YEAR, TOOLS 4 TEACHING HOSTED A TOTAL OF 2,974 TEACHER SHOPPING TRIPS. APPROXIMATELY $238,143 IN FREE SUPPLIES WERE PROVIDED TO 883 TEACHERS ACROSS ALL OF THE DISTRICT'S SCHOOLS.
    Expenses $307,082 · grants $238,144
  • SEE SCHEDULE OGRANTS FOR GREAT IDEAS IS A COMPETITIVE GRANT PROGRAM OPEN TO ALL MARION COUNTY PUBLIC SCHOOLS TEACHERS AND PRINCIPALS. THE GRANTS PROVIDE FINANCIAL RESOURCES TO IMPLEMENT CREATIVE AND INNOVATIVE CURRICULUM AND PROGRAMS IN THE AREAS OF STEM EDUCATION, LITERACY, ASSISTING LOW-PERFORMING STUDENTS, INCREASING GRADUATION RATES, CAREER AND TECHNICAL EDUCATION, TEACHER QUALITY, AND SUPPORTING STUDENTS IN NEED, INCLUDING MENTAL HEALTH AND WELLNESS INITIATIVES. THE GRANT APPLICATIONS ARE SCORED BY A GROUP OF COMMUNITY VOLUNTEERS AND FOUNDATION BOARD MEMBERS. GRANTS ARE SCORED ON THE FOLLOWING CRITERIA: 1. ADDRESSES A NEED OR CREATES AN OPPORTUNITY. 2. WILL POSITIVELY IMPACT STUDENT LEARNING. 3. MEASURABLE OUTCOMES ARE REALISTIC. 4. FOLLOW-UP EVALUATION. 5. NUMBER OF LOW PERFORMING AND OVERALL STUDENTS IMPACTED. DURING THE 2024-25 SCHOOL YEAR, APPROXIMATELY $115,572 IN GRANTS FOR GREAT IDEAS PROJECTS WAS AWARDED.
    Expenses $130,616 · grants $108,772
  • OTHER PROGRAMS OF THE FOUNDATION SUCH AS THE SCHOOL BUSINESS PARTNER PROGRAM, GOLDEN APPLE TEACHER RECOGNITION PROGRAM, SCHOOL RELATED EMPLOYEE OF THE YEAR PROGRAM, TEACHER TO BE SCHOLARSHIP PROGRAM, SENIOR SCHOLARSHIP PROGRAM AND THE SILVER RIVER SCIENCE LAB & EDUCATION CENTER ALL ENHANCE SUPPORT FOR MARION COUNTY PUBLIC SCHOOLS. ADDITIONAL INITIATIVES DURING THE 2024-2025 SCHOOL YEAR INCLUDED BUILDING STUDENT RESILIENCY TO SUPPORT STUDENT MENTAL HEALTH AND WELLNESS, NEW WORLDS READING INITIATIVE TO SUPPORT LITERACY EFFORTS, AND THE THANK A TEACHER PROGRAM TO ULTIMATELY SUPPORT TEACHER RECOGNITION AND RETENTION.
    Expenses $819,920 · grants $541,210

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-2949915
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20I)
Assets (IRS master file)
$4,233,757
Income (IRS master file)
$3,390,408

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,245,045$2,134,102$4,233,757XML
990June 2024$2,241,599$2,506,644$4,045,905XML
990June 2023$2,309,052$1,862,359$4,222,267XML
990June 2022$2,235,656$1,871,846$3,741,545IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2949915).

Questions about PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC

What is the EIN of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC?
The employer identification number (EIN) of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC is 59-2949915.
Is PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC?
The 990 for the year ended June 30, 2025 names MEGHAN MAGAMOLL.
Who are the officers and directors of PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC?
The 990 for the year ended June 30, 2025 lists 24 people; 1 received compensation from the organization.
How much revenue does PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,245,045, expenses of $2,134,102 and total assets of $4,233,757 at year end.

Other nonprofits in OCALA

All nonprofits in OCALA · Florida · Education