Nonprofit · EIN 56-2019202
MAGELLAN CHARTER SCHOOL
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,135,776 | $5,532,842 | -$397,066 | $899,597 | $506,017 | $393,580 |
| June 30, 2024 | 990 | $4,896,301 | $4,821,372 | $74,929 | $1,293,530 | $502,884 | $790,646 |
| June 30, 2023 | 990 | $4,643,049 | $4,593,217 | $49,832 | $1,162,619 | $446,902 | $715,717 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,882,312
- of which government grants
- $4,693,858
- Program service revenue
- $0
- Investment income
- $5,136
- Other revenue
- $248,328
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $239,654
- Other salaries and wages
- $2,847,038
- Salaries, compensation and benefits (total)
- $3,761,900
- Professional fundraising fees
- $0
- Legal fees
- $13,605
- Accounting fees
- $20,364
- Occupancy
- $883,762
- Program services (functional)
- $4,245,517
- Management and general (functional)
- $1,287,325
Balance sheet and other
- Total assets, start of year
- $1,293,530
- Total assets, end of year
- $899,597
- Total liabilities, end of year
- $506,017
- Net assets, end of year
- $393,580
- Gross receipts
- $5,135,776
- Employees
- 72
- Volunteers
- 100
- Year formed
- 1997
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA O'DONOVAN | HEAD OF SCHOOL (NON-VOTING Trustee or director, Officer | 50 | $153,109 | $16,436 |
| SHERYL REGAN | ASST ADMINISTRATOR (NON-VO Officer | 50 | $86,545 | $12,453 |
| JIM NOWAK | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| AILIS MONSEES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUZY ALLAIRE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SEAN WITTY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA LEGGETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN ESHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA O'DONOVAN | HEAD OF SCHOOL (NON-VOTING Trustee or director, Officer | 50 | $144,000 | $14,309 |
| SHERYL REGAN | ASST ADMINISTRATOR (NON-VO Officer | 50 | $90,295 | $11,624 |
| JIM NOWAK | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| AILIS MONSEES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUZY ALLAIRE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SEAN WITTY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA LEGGETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN ESHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA O'DONOVAN | HEAD OF SCHOOL (NON-VOTING Trustee or director, Officer | 50 | $138,050 | $15,529 |
| GINA RIGGINS | CONTROLLER (NON-VOTING) Officer | 50 | $95,452 | $13,372 |
| SHERYL REGAN | ASST ADMINISTRATOR (NON-VO Officer | 50 | $88,966 | $13,029 |
| ALLISON PULLEY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JESSICA OEHLRICH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUZY ALLAIRE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SEAN WITTY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM NOWAK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN ESHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AILIS MONSEES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9324 BAILEYWICK RD, RALEIGH, NC 27615-1909
- In care of
- % GINA RIGGINS
- Principal officer (990 for 2024)
- JESSICA O'DONOVAN, 9324 BAILEYWICK ROAD, RALEIGH, NC 27615
- Signed the 990
- SEAN WITTY, TREASURER
- Phone
- (919) 844-0277
- Return prepared by
- BATCHELOR TILLERY & ROBERTS LLP
Mission
THE MISSION OF THE MAGELLAN CHARTER SCHOOL IS TO PROVIDE A CHALLENGING INTELLECTUAL JOURNEY FOR HIGHLY MOTIVATED STUDENTS IN GRADES 3-8.
Program accomplishments
- PROVIDING QUALITY PUBLIC EDUCATION AS A CHARTER SCHOOLExpenses $4,245,517
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2019202
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20Z)
- Assets (IRS master file)
- $899,597
- Income (IRS master file)
- $5,135,776
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,135,776 | $5,532,842 | $899,597 | XML |
| 990 | June 2024 | $4,896,301 | $4,821,372 | $1,293,530 | IRS |
| 990 | June 2023 | $4,643,049 | $4,593,217 | $1,162,619 | XML |
| 990 | June 2022 | $4,568,279 | $4,653,123 | $1,092,499 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 56-2019202).
Questions about MAGELLAN CHARTER SCHOOL
- What is the EIN of MAGELLAN CHARTER SCHOOL?
- The employer identification number (EIN) of MAGELLAN CHARTER SCHOOL is 56-2019202.
- Is MAGELLAN CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to MAGELLAN CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGELLAN CHARTER SCHOOL 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 MAGELLAN CHARTER SCHOOL 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 MAGELLAN CHARTER SCHOOL 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 MAGELLAN CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names JESSICA O'DONOVAN.
- Who are the officers and directors of MAGELLAN CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $153,109 (JESSICA O'DONOVAN, HEAD OF SCHOOL (NON-VOTING).
- How much revenue does MAGELLAN CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,135,776, expenses of $5,532,842 and total assets of $899,597 at year end.
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