GEORGIA MAGNETCHARTER SCHOOLS FOUNDATIONS CORP
PO BOX 82548, HAPEVILLE, GA 30354 hapevillems.org

Total Revenue
$11,718,998
Total Expenses
$12,204,439
Net Assets
$1,681,786

Organizations Filed Purposes: THE GEORGIA MAGNET/CHARTER SCHOOLS FOUNDATION, CORP. WAS FORMED TO GOVERN HAPEVILLE CHARTER SCHOOL AND CAREER ACADEMY, A FULTON COUNTY SCHOOL SYSTEM PUBLIC CHARTER SCHOOL PROVIDING INSTRUCTION TO GRADES 6 THROUGH 12 WHO RESIDE WITHIN THE FULTON COUNTY SCHOOL SYSTEM ATTENDANCE ZONE.

THE ORGANIZATION'S PROGRAM SERVICE IS TO INCREASE STUDENT ACHIEVEMENT OF THE STUDENTS ATTENDING HAPEVILLE CHARTER SCHOOLS (WHICH INCLUDES HAPEVILLE CHARTER MIDDLE SCHOOL AND HAPEVILLE CHARTER CAREER ACADEMY). DURING THE 2018-2019 SCHOOL YEAR, 1,000+ STUDENTS WERE ENROLLED IN GRADES 6 THROUGH 12. THE GRADUATION RATE WAS REPORTED AT 95%. A PORTION OF THE TOTAL REVENUES OF $10,988,225 INCLUDED FEDERAL FREE/REDUCED REIMBURSEMENTS AND FEDERAL TITLE I GRANTS. DURING THE 2018-2019 SCHOOL YEAR, THE TOTAL EXPENSES WERE $11,151,877.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Candace BetheaPRINCIPAL (HCCA)40$100,000
Audrey GreerPRINCIPAL (HCMS)40$100,000
Gary MartinINTERIM EXECUTIVE DIRECTOR43$71,083
H Lew ValeroSECRETARY1$0
Terry MartinCFO1$0
Diane TerryCEO1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202121309349301617_public.xml