What is the EIN of MAGNET SCHOOLS OF AMERICA INC?

The employer identification number (EIN) of MAGNET SCHOOLS OF AMERICA INC is 76-0428386.

Is MAGNET SCHOOLS OF AMERICA INC tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.

Are donations to MAGNET SCHOOLS OF AMERICA INC tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

When is the next return of MAGNET SCHOOLS OF AMERICA INC due?

The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.

When did MAGNET SCHOOLS OF AMERICA INC last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended December 2025.

Who is the principal officer of MAGNET SCHOOLS OF AMERICA INC?

The 990 for the year ended December 31, 2025 names Ramin Taheri.

Who are the officers and directors of MAGNET SCHOOLS OF AMERICA INC?

The 990 for the year ended December 31, 2025 lists 21 people; 7 received compensation from the organization, the highest $256,557 (Ramin Taheri, CEO).

How much revenue does MAGNET SCHOOLS OF AMERICA INC have?

On its 990 for the year ended December 31, 2025 it reported revenue of $3,651,085, expenses of $3,199,795 and total assets of $2,046,222 at year end.

Nonprofit · EIN 76-0428386

MAGNET SCHOOLS OF AMERICA INC

Also known as RAMIN TAHERI

Tax-exempt · WASHINGTON, DC 20016

Financials

Revenue Expenses · by fiscal year end

Financials of MAGNET SCHOOLS OF AMERICA INC by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
December 31, 2025	990	$3,651,085	$3,199,795	$451,290	$2,046,222	$249,579	$1,796,643
December 31, 2024	990	$3,879,654	$3,573,031	$306,623	$1,576,711	$290,941	$1,285,770
December 31, 2023	990	$2,857,007	$2,843,674	$13,333	$1,330,679	$392,735	$937,944

Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants: $356,783
Membership dues: $348,788
Program service revenue: $3,239,817
Investment income: $39,169
Net gain from sales of assets: -$23,758
Other revenue: $15,316

Expenses

Grants and similar amounts paid: $82,000
Compensation of officers, directors and key employees: $320,611
Other salaries and wages: $374,204
Salaries, compensation and benefits (total): $867,028
Professional fundraising fees: $0
Accounting fees: $17,000
Occupancy: $698
Travel: $67,917
Depreciation: $7,714
Program services (functional): $2,845,931
Management and general (functional): $308,875
Fundraising (functional): $44,989

Balance sheet and other

Total assets, start of year: $1,576,711
Total assets, end of year: $2,046,222
Total liabilities, end of year: $249,579
Net assets, end of year: $1,796,643
Land, buildings and equipment: $10,773
Publicly traded securities: $1,015,176
Net assets without donor restrictions: $1,796,643
Gross receipts: $4,843,340
Employees: 5
Volunteers: 85
Year formed: 1994
State of legal domicile: TX

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 December 31, 2025, highest compensation first.

Name	Title	Hours / week	Compensation	Other / benefits
Ramin Taheri	CEO Officer	40	$256,557	$6,552
Maw Yang Shen	Director of Operations Highest-paid employee	40	$141,707	$4,472
Kelly Bucherie	Director of Client Services Highest-paid employee	40	$127,900	$0
Ashley Rubenstein	Director of Membership Initiatives Highest-paid employee	40	$111,805	$3,570
Dr Michelle Frazier	Past President Trustee or director	2	$37,500	$0
Jayme Rawson	Region II Director Trustee or director	2	$14,500	$0
Susan King	Past President Trustee or director	2	$5,500	$0
Claire Aulicino	Specialized Director Trustee or director	2	$0	$0
Francesca Ver Ploegh	Region IV Director Trustee or director	2	$0	$0
Barbara Turner	Specialized Director Trustee or director	2	$0	$0
Kade Sochor	Region II Director Trustee or director	2	$0	$0
Jillian Schulte	Region VI Director Trustee or director	2	$0	$0
Magda Pereira	Region III Director Trustee or director	2	$0	$0
Brenden Mims	Region I Director Trustee or director	2	$0	$0
Doreen Marvin	Past President Trustee or director	2	$0	$0

6 more people on this return

Name	Title	Hours / week	Compensation
Walter Hall	Region IV Director Trustee or director	2	$0
Dr Keith Abrahams	Specialized Director Trustee or director	2	$0
Theresa Porter	Immediate Past President Trustee or director, Officer	2	$0
Dr Monika Wiley	Treasurer Trustee or director, Officer	2	$0
Corri Roche	Secretary Trustee or director, Officer	2	$0
Dr Kimberly Lane	President Trustee or director, Officer	2	$0

990 for the year ended December 31, 2024: 19 people

Name	Title	Hours / week	Compensation	Other / benefits
Ramin Taheri	CEO Officer	40	$208,000	$25,230
Kelly Bucherie	Director of NIMSL Key employee	40	$162,648	$16,040
Maw Yang Shen	COO Officer	40	$134,368	$35,246
Jayme Rawson	Region II Director Trustee or director	2	$31,200	$0
Dr Michelle Frazier	Past President Trustee or director	2	$17,950	$0
Susan King	Past President Trustee or director	2	$10,850	$0
Kade Sochor	Region II Director Trustee or director	2	$1,000	$0
Dr Kimberly Lane	President Trustee or director, Officer	2	$0	$0
Corri Roche	Secretary Trustee or director, Officer	2	$0	$0
Dr Monika Wiley	Treasurer Trustee or director, Officer	2	$0	$0
Theresa Porter	Immediate Past President Trustee or director, Officer	2	$0	$0
Dr Keith Abrahams	Specialized Director Trustee or director	2	$0	$0
Walter Hall	Region IV Director Trustee or director	2	$0	$0
Doreen Marvin	Past President Trustee or director	2	$0	$0
Brenden Mims	Region I Director Trustee or director	2	$0	$0
Magda Pereira	Region III Director Trustee or director	2	$0	$0
Jillian Schulte	Region VI Director Trustee or director	2	$0	$0
Barbara Turner	Specialized Director Trustee or director	2	$0	$0
Francesca Ver Ploegh	Region IV Director Trustee or director	2	$0	$0

990 for the year ended December 31, 2023: 29 people

Name	Title	Hours / week	Compensation	Other / benefits
Ramin Taheri	CEO, ex officio Officer	40	$219,500	$6,000
Kelly Bucherie	Director of NIMSL Key employee	40	$180,394	$0
May Yang Shen	COO Officer	40	$134,562	$4,087
Dr Beth Cochran	Specialized Director Trustee or director	2	$58,500	$0
Dr Michelle Frazier	Past President Trustee or director	2	$34,200	$0
Jayme Rawson	Region II Director Trustee or director	2	$27,900	$0
Doreen Marvin	Past President Trustee or director	2	$25,000	$0
Maree Sneed Esq	Specialized Director Trustee or director	2	$1,000	$0
Francesca Ver Ploegh	Region IV Director Trustee or director	2	$1,000	$0
Theresa Porter	President Trustee or director, Officer	2	$0	$0
Dr Robert G Brooks	Past President Trustee or director	2	$0	$0
Dr Kim Morrison	Immediate Past President Trustee or director, Officer	2	$0	$0
Corri Roche	Secretary Trustee or director, Officer	2	$0	$0
Dr Keith Abrahams	Specialized Director Trustee or director	2	$0	$0
Susan King	Past President, Parliamentarian Trustee or director, Officer	2	$0	$0
Dr Monika Wiley	Treasurer Trustee or director, Officer	2	$0	$0
Dr Evonne Alvarez	Specialized Director Trustee or director	2	$0	$0
LaRhonda Donaldson	Specialized Director Trustee or director	2	$0	$0
Dr Kimberly Lane	President-Elect Trustee or director, Officer	2	$0	$0
Justin Fuentes	Region V Director Trustee or director	2	$0	$0
Jillian Schulte	Region VI Director Trustee or director	2	$0	$0
Barbara Turner	Specialized Director Trustee or director	2	$0	$0
Brenden Mims	Region I Director Trustee or director	2	$0	$0
William Magnotta	Past President Trustee or director	2	$0	$0
Sara Wheeler	Past President Trustee or director	2	$0	$0
Judith Stein	Past President Trustee or director	2	$0	$0
MaryeEllen Elia	Past President Trustee or director	2	$0	$0
Magda Pereira	Region III Director Trustee or director	2	$0	$0
Walter Hall	Region IV Director Trustee or director	2	$0	$0

Address and contacts

Address (IRS master file): 4005 WISCONSIN AVE NW UNIT 5997, WASHINGTON, DC 20016-7727
In care of: % WEWORK JUDY SHEN
Principal officer (990 for 2025): Ramin Taheri, 4005 Wisconsin Avenue NW 5997, Washington, DC 20016
Signed the 990: Ramin Taheri, CEO
Phone: (202) 824-0672
Website: www.magnet.edu
Return prepared by: Kositzka Wicks and Company

Mission

Magnet Schools of America provides leadership for innovative instructional programs that promote equity, diversity, and academic excellence for all students in public school choice programs.
990 for the year ended December 31, 2025

Program accomplishments

Conferences are held around the country to provide educators, parents, and community stakeholders with the opportunity to receive training, exposure to innovative practices in magnet school themes and curriculum, and to tour exemplary magnet schools within the host district.
Expenses $1,584,788 · revenue $1,882,389
The goal of the National Institute for Magnet School Leadership is to provide and assist magnet schools with professional development in order to better address the needs of the magnet school students and the continuing education of teachers.
Expenses $788,607 · revenue $1,314,170
MSA provides awards to schools that demonstrate the ideals of magnet schools through our "Merit Awards" program. Schools receive one of two designations: Magnet School of Excellence (top award), or Magnet School of Distinction. Top schools compete for a cash award and designation as top magnet school nationally. MSA also recognizes teachers and principals in each of the eight regions, one of which will be recognized as MSA District Member of the Year, Teacher of the Year and Principal of the Year. MSA also conducts a national poster contest of student created design that aligns to a specific theme for the year.
Expenses $207,797 · grants $82,000 · revenue $43,258
Memberships
Expenses $148,267
Legislative education
Expenses $116,472

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 December, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	December 31, 2025	May 15, 2026	990 on file
2024	December 31, 2024	May 15, 2025	990 on file
2023	December 31, 2023	May 15, 2024	990 on file

IRS record

EIN: 76-0428386
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: Publicly supported organization (509(a)(2))
Donations deductible (Pub 78): Public charity, 50% deduction limit
Exempt since: 1994
Accounting year ends: December
Files: Form 990 or 990-EZ
Category (NTEE): Education (B99Z)
Assets (IRS master file): $2,046,222
Income (IRS master file): $4,843,340

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	December 2025	$3,651,085	$3,199,795	$2,046,222	XML
990	December 2024	$3,879,654	$3,573,031	$1,576,711	IRS
990	December 2023	$2,857,007	$2,843,674	$1,330,679	XML
990	December 2022	$2,838,835	$2,992,762	$1,382,517	IRS
990	December 2021	–	–	–	IRS
990	December 2020	–	–	–	IRS
990	December 2019	–	–	–	IRS
990	December 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 76-0428386).

Questions about MAGNET SCHOOLS OF AMERICA INC

What is the EIN of MAGNET SCHOOLS OF AMERICA INC?: The employer identification number (EIN) of MAGNET SCHOOLS OF AMERICA INC is 76-0428386.
Is MAGNET SCHOOLS OF AMERICA INC tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to MAGNET SCHOOLS OF AMERICA INC tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAGNET SCHOOLS OF AMERICA 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 MAGNET SCHOOLS OF AMERICA INC due?: The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGNET SCHOOLS OF AMERICA INC last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MAGNET SCHOOLS OF AMERICA INC?: The 990 for the year ended December 31, 2025 names Ramin Taheri.
Who are the officers and directors of MAGNET SCHOOLS OF AMERICA INC?: The 990 for the year ended December 31, 2025 lists 21 people; 7 received compensation from the organization, the highest $256,557 (Ramin Taheri, CEO).
How much revenue does MAGNET SCHOOLS OF AMERICA INC have?: On its 990 for the year ended December 31, 2025 it reported revenue of $3,651,085, expenses of $3,199,795 and total assets of $2,046,222 at year end.

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