WE RAISE FUNDS TO SUPPORT CARMEL CLAY STUDENTS IN ACADEMIC ACHIEVEMENT AND LIFELONG LEARNING. WE DO THIS BY PROVIDING EDUCATIONAL AND INNOVATION GRANTS TO CARMEL CLAY SCHOOLS, TEACHERS AND STUDENTS, CREATING PARTNERSHIPS WITH COMMUNITY MEMBERS TO EXTEND CLASSROOM LEARNING, IMPLEMENTING COLLABORATIVE PROGRAMS TO BENEFIT OUR SCHOOL COMMUNITY, AND PROVIDING SCHOLARSHIPS TO CURRENT AND GRADUATING STUDENTS.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $96k $106k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 24 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at CARMEL CLAY EDUCATION FOUNDATION equaled 18% of the organization's total expenses. The median for education organizations is 6%.
Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 16%
from 2022
From $82k in 2022 to $96k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 16% from 2022 to 2023, while revenue rose 4%.
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 CARMEL CLAY EDUCATION FOUNDATION
What does the Chief Executive Officer of CARMEL CLAY EDUCATION FOUNDATION earn?
In 2023, the Chief Executive Officer of CARMEL CLAY EDUCATION FOUNDATION received $95,874 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CARMEL CLAY EDUCATION FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Indiana, the 2023 pay of the Chief Executive Officer at CARMEL CLAY EDUCATION FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at CARMEL CLAY EDUCATION FOUNDATION equaled 18% of the organization's total expenses. The median for education organizations is 6%.
What are CARMEL CLAY EDUCATION FOUNDATION's revenue and expenses?
In 2023, CARMEL CLAY EDUCATION FOUNDATION reported $383k in total revenue and $528k in total expenses on its IRS Form 990.
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