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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$84.4M
Program Spending
65%
of total expenses go to program services
Total Contributions
$75.8M
Total Expenses
▼$78.6M
Total Assets
$76.1M
Total Liabilities
▼$72.3M
Net Assets
$3.7M
Officer Compensation
→$672K
Other Salaries
$36.1M
Investment Income
$65.2K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Education | MAGNOLIA PUBLIC SCHOOLS EXPANSION & REPLICATION OF HIGH-QUALITY CHARTER SCHOOLS | $2 | FY2025 | Apr 2025 – Mar 2027 | Open → |
Department of Education
$2
MAGNOLIA PUBLIC SCHOOLS EXPANSION & REPLICATION OF HIGH-QUALITY CHARTER SCHOOLS
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
9
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Material Weakness | Unmodified (Clean) | $4.1M | Yes | 2026-04-15 |
| 2024 | Clean | Unmodified (Clean) | $4.7M | No | 2024-12-20 |
| 2023 | Clean | Unmodified (Clean) | $7.5M | Yes | 2024-02-08 |
| 2022 | Clean | Unmodified (Clean) | $13.3M | No | 2023-02-22 |
| 2021 | Clean | Unmodified (Clean) | $7.3M | Yes | 2022-02-16 |
| 2020 | Clean | Unmodified (Clean) | $2.7M | Yes | 2021-04-07 |
| 2019 | Clean | Unmodified (Clean) | $2.7M | Yes | 2020-01-01 |
| 2018 | Clean | Unmodified (Clean) | $3.9M | Yes | 2019-01-08 |
| 2017 | Clean | Unmodified (Clean) | $4M | Yes | 2018-01-15 |
| 2016 | Clean | Unmodified (Clean) | $3M | No | 2017-01-08 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$13.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $84.4M | $75.8M | $78.6M | $76.1M | $3.7M |
| 2022 | $66.2M | $66.2M | $62.1M | $67.1M | $45.2M |
| 2021 | $63.6M | $63.6M | $50.8M | $60.6M | $41.4M |
| 2020 | $51.3M | $51.3M | $49.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Alfredo Rubalcava | CEO | 40 | $255.7K | $0 | $18.7K | $274.4K |
| Steve Budhraja | Chief Financial Officer | 40 | $187.3K | $0 | $12.4K | $199.7K |
| Mekan Muhammedov | Chair | 2 | $0 | $0 | $0 | $0 |
| Sandra Covarrubias | Vice Chair | 2 | $0 | $0 | $0 | $0 |
Alfredo Rubalcava
CEO
$274.4K
Hrs/Wk
40
Compensation
$255.7K
Related Orgs
$0
Other
$18.7K
Steve Budhraja
Chief Financial Officer
$199.7K
Hrs/Wk
40
Compensation
$187.3K
Related Orgs
$0
Other
$12.4K
Mekan Muhammedov
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Sandra Covarrubias
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Erdinc Acar | Deputy Superintendent | 40 | $190.9K | $0 | $18.7K | $209.6K |
| David E Yilmaz | Chief Accountability Offic | 40 | $184K | $0 | $18.7K | $202.7K |
| Suat Acar | Chief Operating Office | 40 | $181.9K | $0 | $18.7K | $200.6K |
| Patrick Anton Ontiveros | Chief Facility Officer | 40 | $190.9K | $0 | $6,979 | $197.9K |
| Brenda Lopez | Chief External Officer | 40 | $167.8K | $0 | $18.7K | $186.4K |
| Turan Cafer |
Erdinc Acar
Deputy Superintendent
$209.6K
Hrs/Wk
40
Compensation
$190.9K
Related Orgs
$0
Other
$18.7K
David E Yilmaz
Chief Accountability Offic
$202.7K
Hrs/Wk
40
Compensation
$184K
Related Orgs
$0
Other
$18.7K
Suat Acar
Chief Operating Office
$200.6K
Hrs/Wk
40
Compensation
$181.9K
Related Orgs
$0
Other
$18.7K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Diane Gonzalez | Director | 2 | $0 | $0 | $0 | $0 |
| Dr Umit Yapenel | Director | 2 | $0 | $0 | $0 | $0 |
| Esra Eldem-Tunc | Director | 2 | $0 | $0 | $0 | $0 |
| Salih Dikbas | Director | 2 | $0 | $0 | $0 | $0 |
Diane Gonzalez
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Umit Yapenel
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Esra Eldem-Tunc
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $54.6M |
| $28.6M |
| 2019 | $47M | $47M | $46.9M | $45.4M | $26.7M |
| 2018 | $48.9M | $48.9M | $43.2M | $42.7M | $26.6M |
| 2017 | $45.6M | $45.6M | $45M | $36.3M | $21.3M |
| 2016 | $47.8M | $47.8M | $39.8M | $35.7M | $20.6M |
| 2015 | $34.4M | $34.4M | $31.3M | $24.5M | $13M |
| 2014 | $32.3M | $32.3M | $27M | $15M | $10M |
| 2013 | $30.6M | $30.6M | $26.9M | $11.8M | $4.8M |
| 2012 | $24.6M | $24.6M | $25.7M | $11.1M | $1M |
| 2011 | $20.9M | $20.9M | $20.6M | $5.1M | $2.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990-EZ | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990-EZ | — |
| 2001 | 990-EZ | — |
| Senior Controller |
| 40 |
| $149.3K |
| $0 |
| $33.4K |
| $182.8K |
Patrick Anton Ontiveros
Chief Facility Officer
$197.9K
Hrs/Wk
40
Compensation
$190.9K
Related Orgs
$0
Other
$6,979
Brenda Lopez
Chief External Officer
$186.4K
Hrs/Wk
40
Compensation
$167.8K
Related Orgs
$0
Other
$18.7K
Turan Cafer
Senior Controller
$182.8K
Hrs/Wk
40
Compensation
$149.3K
Related Orgs
$0
Other
$33.4K
Salih Dikbas
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0