Magic City Acceptance Academy Charter School
Donations deductibleRevenue
$5.5m
year to 30 September 2025
Expenses
$6.9m
year to 30 September 2025
Total assets
$17m
$19.9m liabilities
Net assets
Minus $2.9m
assets less liabilities
Directors and trustees
12
2.4y av
Staff
87
employees, year to 30 September 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
Magic City Acceptance Academy Charter School's network
12 people6 organisationsi12 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 12 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Dr Larry Contri Chair | Board Chair | 2024 | 2 yrs |
| Abbas Merchant | Member | 2024 | 2 yrs |
| Amber Lopez Martinez | Member | 2024 | 2 yrs |
| Cece Lacey Kennedy | Company secretary | 2024 | 2 yrs |
| Dr Karen Musgrove (also filed as Dr Karen Musgrove) | CEO | 2024 | 2 yrs |
| Dr Patton Furman | Principal and Superintendent | 2024 | 2 yrs |
| Dr Tommy Bice | Member | 2024 | 2 yrs |
| Dr Tracee Synco | Executive Committee | 2024 | 2 yrs |
| Ezra Shine EdD (also filed as Ezra Shine) | Vice Chair | 2024 | 2 yrs |
| Jim Wilson Esq | Member | 2024 | 2 yrs |
| Jody Thrash | Member | 2024 | 2 yrs |
| Kaamilya Mahdi | Member | 2024 | 2 yrs |
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Chris Fisher | Company secretary | 2023 |
| Dr Karen Musgrove | Chair | since 2021 |
| Ezra Shine EdD | Vice Chair | 2023 |
| Karen Musgrove | CEO | 2023 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Dr Patton Furman | Principal and Superintende | 40 | $117k | ||
| Dr Karen Musgrove | CEO | 10 | $52k | ||
| Dr Larry Contri | Board Chair | 2 | $0 | ||
| Ezra Shine EdD | Vice Chair | 2 | $0 | ||
| Cece Lacey Kennedy | Secretary | 2 | $0 | ||
| Dr Tracee Synco | Executive Committee | 2 | $0 | ||
| Dr Tommy Bice | Member | 2 | $0 | ||
| Jody Thrash | Member | 2 | $0 | ||
| Jim Wilson Esq | Member | 2 | $0 | ||
| Amber Lopez Martinez | Member | 2 | $0 |
About
- Legal name
- Magic City Acceptance Academy Charter School
- EIN
- 854034546
- Address
- 75 Bagby Dr, Homewood, AL, 35209-3703
- State
- Alabama
- Mission
- The Magic City Acceptance Academy (MCAA) facilitates a community in which all learners are empowered to embrace education, achieve individual success, and take ownership of their future in a positive learning environment. (as filed on the Form 990)
- Activity (NTEE)
- B29 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 8 (IRS master file code)
- Formed
- 2020
- Principal officer
- Dr Patton Furman (as named on the Form 990)
- IRS ruling date
- 1 April 2021
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥2years on the filingsDr Larry Contri
≥2years on the filingsAbbas Merchant
≥2years on the filingsAmber Lopez Martinez
≥2years on the filingsCece Lacey Kennedy
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $17m
- Total liabilities
- $19.9m
- Net assets or fund balances
- Minus $2.9m
- Contributions and grants received
- $5.5m
- Program service revenue
- $0
- Employees
- 87
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $7m | $7.5m | Deficit $456k |
As filed on the IRS Form 990. US dollars.