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Filing year 2023

CALVERT SCHOOL INCORPORATED

Baltimore, Maryland·EIN 52-0591510·NTEE B200 · Education·501(c)(3)
Total revenue
$32.5M
Total assets
$134.5M
Total expenses
$26.1M
Reported officers
29
Mission

CALVERT SCHOOL IS DEDICATED TO EDUCATING BOYS AND GIRLS THROUGH ITS TIME-TESTED METHOD OF TEACHING AND ITS RIGOROUS CURRICULUM. PARTICULAR EMPHASIS IS GIVEN TO MASTERING ESSENTIAL SKILLS, INSPIRING A LIFELONG LOVE OF LEARNING, AND INSTILLING ENTHUSIASM, RESPONSIBILITY, AND SELF-DISCIPLINE. CALVERT SEEKS TO DEVELOP STUDENTS OF HIGH ACADEMIC ACHIEVEMENT, INTELLECTUAL CURIOSITY, AND STRONG MORAL CHARACTER WITHIN A SUPPORTIVE AND DIVERSE COMMUNITY.FORM 990, PART VI, SECTION B, LINE 10A:THE POLICIES DESCRIBED IN PART VI, SECTION B, LINES 10A-16B APPLY TO CALVERT SCHOOL INCORPORATED AND ITS AFFILIATES AS LISTED BELOW: CALVERT TUSCANY ACQUISITION 2018, LLC

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Headmaster
Officer (Unspecified)
$663k
$729k
Base
$444k
Bonus
Other
$83k
Benefits
$116k
Director of Finance & Operations
75th to 90th percentile
$300k
$329k
Base
$198k
Bonus
$4k
Other
$38k
Benefits
$49k
Head of Lower School
Highest Compensated Employee
Median to 75th percentile
$207k
$228k
Base
$133k
Bonus
Other
$15k
Benefits
$50k
Director of Human Resources
Highest Compensated Employee
Median to 75th percentile
$204k
$224k
Base
$165k
Bonus
Other
$1k
Benefits
$28k
Director of Administration
Highest Compensated Employee
Median to 75th percentile
$194k
$214k
Base
$131k
Bonus
Other
$8k
Benefits
$47k
Head of Middle School
Highest Compensated Employee
Median to 75th percentile
$194k
$213k
Base
$133k
Bonus
Other
$8k
Benefits
$47k
Director of Academic Affairs
Highest Compensated Employee
Median to 75th percentile
$186k
$204k
Base
$162k
Bonus
Other
$1k
Benefits
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CALVERT SCHOOL INCORPORATED equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $634k in 2022 to $663k in 2023.

$634k
2022
$663k
2023
In today's dollarsEst.
Up 1% in real terms$723k to $729k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 8% from 2022 to 2023, while revenue rose 23%.

$276k in 2022 to $300k in 2023.
  • Highest Compensated Employee pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 CALVERT SCHOOL INCORPORATED

What does the Chief Financial Officer of CALVERT SCHOOL INCORPORATED earn?

In 2023, the Chief Financial Officer of CALVERT SCHOOL INCORPORATED received $299,778 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among Education organizations in Maryland, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at CALVERT SCHOOL INCORPORATED compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Chief Financial Officer at CALVERT SCHOOL INCORPORATED falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CALVERT SCHOOL INCORPORATED equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are CALVERT SCHOOL INCORPORATED's revenue and expenses?

In 2023, CALVERT SCHOOL INCORPORATED reported $32.5M in total revenue and $26.1M in total expenses on its IRS Form 990.

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