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Filing year 2024

BELIEVE MEMPHIS ACADEMY INC

Memphis, Tennessee·EIN 81-3760198·NTEE B29 · Education·501(c)(3)
Total revenue
$7.2M
Total assets
$7.9M
Total expenses
$6.8M
Reported officers
13
Mission

BELIEVE MEMPHIS ACADEMY CHARTER SCHOOL PREPARES SCHOLARS IN GRADES K-8 WITH THE ACADEMIC RIGOR, ROBUST SUPPORTS, AND LEADERSHIP DEVELOPMENT NECESSARY TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Tennessee.

Executive Director
Median to 75th percentile
$127k
$135k
Director of Finance & Oper
25th percentile to median
$89k
$94k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BELIEVE MEMPHIS ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 8%
over 2 years

From $118k in 2022 to $127k in 2024.

$118k
2022
$147k
2023
$127k
2024
In today's dollarsEst.
Up 1% in real terms$134k to $135k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2024, while revenue rose 39%.

$118k in 2022 to $127k in 2024.
  • Chief Financial Officer pay rose 26% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BELIEVE MEMPHIS ACADEMY INC

What does the Chief Executive Officer of BELIEVE MEMPHIS ACADEMY INC earn?

In 2024, the Chief Executive Officer of BELIEVE MEMPHIS ACADEMY INC received $127,265 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BELIEVE MEMPHIS ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Tennessee, the 2024 pay of the Chief Executive Officer at BELIEVE MEMPHIS ACADEMY INC falls between the median and the 75th percentile. In 2024, the highest total compensation at BELIEVE MEMPHIS ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are BELIEVE MEMPHIS ACADEMY INC's revenue and expenses?

In 2024, BELIEVE MEMPHIS ACADEMY INC reported $7.2M in total revenue and $6.8M in total expenses on its IRS Form 990.

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