BROADWATER ACADEMY IS AN INDEPENDENT, NON-PROFIT INSTITUTION THAT EXISTS TO PROVIDE AN ACADEMIC-BASED EDUCATIONAL PROGRAM AND TO PROVIDE NON-ACADEMIC PROGRAMS WHICH ENHANCE AND FACILITATE THE DEVELOPMENT OF STUDENTS WHO ARE PREPARED TO SUCCEED IN A COLLEGE PROGRAM AND TO CONTRIBUTE TO A CHANGING SOCIETY UPON GRADUATION. THE ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WHO ARE ALL ENTITLED TO ALL THE RIGHTS, PRIVILEDGES, PROGRAMS AND ACTIVITES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $166k
- Bonus
- —
- Other
- —
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Head of School Officer (Unspecified) | $166k | — | — | $25k | $199k $218k |
CFO 25th percentile to median | — | — | — | — | $83k $91k |
Assistant Head of School Officer (Unspecified) | — | — | — | — | $81k $89k |
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 17 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Broadwater Academy equaled 4% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 3%
from 2022
From $206k in 2022 to $199k in 2023.
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.
Chief Financial Officer pay fell 3% from 2022 to 2023, while revenue rose 11%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Broadwater Academy
What does the Chief Financial Officer of Broadwater Academy earn?
In 2023, the Chief Financial Officer of Broadwater Academy received $83,156 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Education organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at Broadwater Academy compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Financial Officer at Broadwater Academy falls between the 25th percentile and the median. In 2023, the highest total compensation at Broadwater Academy equaled 4% of the organization's total expenses. The median for education organizations is 7%.
What are Broadwater Academy's revenue and expenses?
In 2023, Broadwater Academy reported $4.4M in total revenue and $4.4M in total expenses on its IRS Form 990.
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