THE MAGELLAN SCHOOL (EIN 263167197) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

HEMANTH PARASURAM

Phone

5127822327

Tax Period

2024-07-01 to 2025-06-30

THE MAGELLAN SCHOOL, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $16.2M in total revenue in fiscal year 2024.

Mission

TO PREPARE CHILDREN TO BECOME GLOBAL CITIZENS OF THE 21ST CENTURY. TO PROVIDE THEM WITH THE KNOWLEDGE, SKILLS AND VALUES NEEDED TO NAVIGATE THROUGH AN INCREASINGLY COMPETITIVE, MULTILINGUAL AND MULTICULTUIRAL WORLD. IN AN INCREASINGLY COMPETITIVE WORLD AND TO CHAMPION SUSTAINABILITY AND UNDERSTANDING, WE ARE A UNITED COMMUNITY OF DIFFERENT CULTURES COMMITTED TO WORLD-CLASS EDUCATION AND LIFELONG LEARNING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,131,732

Program Service Revenue $13,623,998

Investment Income $288,496

Other Revenue $152,371

TOTAL REVENUE $16,196,597

Expense Breakdown

Grants Paid $908,480

Salaries & Benefits $9,160,969

Fundraising Expenses $363,283

Program Expenses $14,604,444

Other Expenses $7,586,721

TOTAL EXPENSES $17,656,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,196,597	$15,355,144	+0.1%
Expenses	$17,656,170	$15,652,871	+0.1%
Net Income	$-1,459,573	$-297,727	+3.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

203

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$291,490

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREE JONES	PRESIDENT	10.00	Officer Director	$0	$0	$0
CHASE LANDRUM	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
BJORN BILLHARDT	TREASURER	10.00	Officer Director	$0	$0	$0
KIMBERLY EYHORN	SECRETARY	2.00	Officer Director	$0	$0	$0
ERIN DEFOSSE	MEMBER	1.00	Director	$0	$0	$0
KAREN HAMMONS	MEMBER	1.00	Director	$0	$0	$0
SAROOD BAIG	MEMBER	1.00	Director	$0	$0	$0
HEMANTH PARASURAM	MEMBER	1.00	Director	$0	$0	$0
ALEJANDRA ADAN	MEMBER	1.00	Director	$0	$0	$0
KARTHIK RAJENDRAN	MEMBER	1.00	Director	$0	$0	$0
PRAKASH RAMAN	MEMBER	1.00	Director	$0	$0	$0
KEVIN BOWN	MEMBER	1.00	Director	$0	$0	$0
SOFIA O'MALLEY	MEMBER	1.00	Director	$0	$0	$0
SCOTT HIBBARD	HEAD OF SCHOOL	50.00	Key Emp	$283,339	$8,151	$291,490
JULIE BLAHNIK-SPOTTS	DIRECTOR OF FINANCE	50.00	Highest	$152,456	$7,972	$160,428
SUZANNE BAUTCH	DIRECTOR OF ADVANCEMENT	40.00	Highest	$103,535	$347	$103,882
MARIA JULIETA CARRILLO VALDES	HEAD OF PRESCHOOL	40.00	Highest	$101,647	$7,972	$109,619
ANDREW IENUSO	HEAD OF SECONDARY & A/D	40.00	Highest	$122,098	$7,972	$130,070
LUCIANA PAOLA SAMANIEGO	HEAD OF PRIMARY SCHOOL	40.00	Highest	$102,767	$7,391	$110,158

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$16,196,597	$17,656,170	$58,153,869	$-1,459,573
2024	$15,355,144	$15,652,871	$54,649,347	$-297,727
2023	$14,071,986	$12,062,926	$56,508,792	$2,009,060
2022	$11,356,984	$10,985,217	$6,729,174	$371,767
2021	$11,567,660	$10,053,686	$6,073,066	$1,513,974
2020	$9,915,605	$9,269,654	$5,713,900	$645,951
2018	$9,205,941	$8,589,467	$3,873,026	$616,474

THE MAGELLAN SCHOOL