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Filing year 2023

CHALLENGE PREPARATORY CHARTER SCHOOL

Far Rockaway, New York·EIN 27-2203903·NTEE B29 · Education·501(c)(3)
Total revenue
$29.5M
Total assets
$94.8M
Total expenses
$30.7M
Reported officers
18
Mission

TO PREPARE STUDENTS FROM THE GREATER FAR ROCKAWAY AREA OF NEW YORK CITY TO EXCEL ACADEMICALLY, TO DEMONSTRATE MASTERY OF THE NEW YORK STATE AND COMMON CORE LEARNING STANDARDS, AND TO ACHIEVE THEIR CAREER ASPIRATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Ceo/founder
Officer (Unspecified)
$314k
$353k
Base
$262k
Bonus
Other
$5k
Benefits
$39k
Director, Teaching & Learning
Key Employee
Median to 75th percentile
$292k
$327k
Base
$253k
Bonus
Other
$1k
Benefits
$37k
Director, Teaching & Learning
Key Employee
Median to 75th percentile
$238k
$267k
Base
$204k
Bonus
Other
$529
Benefits
$27k
Principal
Key Employee
25th percentile to median
$196k
$220k
Base
$178k
Bonus
Other
$698
Benefits
$12k
Assistant Principal
Highest Compensated Employee
25th percentile to median
$168k
$188k
Base
$148k
Bonus
Other
$569
Benefits
$15k
Assistant Principal
Highest Compensated Employee
25th percentile to median
$165k
$185k
Base
$133k
Bonus
Other
$1k
Benefits
$26k
Director of Finance
Median to 75th percentile
$160k
$179k
Base
$133k
Bonus
Other
$754
Benefits
$26k
Principal
Highest Compensated Employee
25th percentile to median
$157k
$176k
Base
$134k
Bonus
Other
$514
Benefits
$18k
Pupil Personnel Services
Key Employee
10th to 25th percentile
$156k
$176k
Base
$151k
Bonus
Other
$393
Benefits
$783
Assistant Principal
Highest Compensated Employee
25th percentile to median
$150k
$168k
Base
$131k
Bonus
Other
$1k
Benefits
$13k
Assistant Principal
Highest Compensated Employee
25th percentile to median
$144k
$162k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHALLENGE PREPARATORY CHARTER SCHOOL equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
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 7%
from 2022

From $295k in 2022 to $314k in 2023.

$295k
2022
$314k
2023
In today's dollarsEst.
Up 3% in real terms$343k to $353k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 7% from 2022 to 2023, while revenue rose 9%.

$157k in 2022 to $168k in 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 CHALLENGE PREPARATORY CHARTER SCHOOL

What does the Key Employee of CHALLENGE PREPARATORY CHARTER SCHOOL earn?

In 2023, the Key Employee of CHALLENGE PREPARATORY CHARTER SCHOOL received $291,640 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among Education organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at CHALLENGE PREPARATORY CHARTER SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2023 pay of the Key Employee at CHALLENGE PREPARATORY CHARTER SCHOOL falls between the median and the 75th percentile. In 2023, the highest total compensation at CHALLENGE PREPARATORY CHARTER SCHOOL equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are CHALLENGE PREPARATORY CHARTER SCHOOL's revenue and expenses?

In 2023, CHALLENGE PREPARATORY CHARTER SCHOOL reported $29.5M in total revenue and $30.7M in total expenses on its IRS Form 990.

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