THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS PROVIDING CAPITAL AND OTHER SUPPORT TO EDGE LEARNING, INC., AKROS MIDDLE SCHOOL, AND AKROTECH HIGH SCHOOL. EDGE LEARNING, INC., AKROS MIDDLE SCHOOL AND AKROTECH HIGH SCHOOL ARE ORGANIZED TO SET UP AND OPERATE CHARTER SCHOOLS IN VARIOUS NORTHEAST OHIO COMMUNITIES. THE ORGANIZATION MAY ALSO PROVIDE CAPITAL AND SUPPORT TO ANY COMMUNITY SCHOOL OR TAX EXEMPT ORGANIZATION WHICH MAINTAINS A COMMUNITY SCHOOL INCLUDING PROVISION OF ADMINISTRATIVE SERVICES, CONSULTING AND DEVELOPMENT ASSISTANCE, FACILITIES AND EQUIPMENT AND GRANTS, LOANS AND OTHER FINANCIAL ASSISTANCE.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Georgia.
| Position | Total |
|---|---|
President Below 10th percentile | $12k $13k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at CHARTER DEVELOPMENT FOUNDATION INC equaled 2% 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.
Held steady
from 2022
From $12k in 2022 to $12k in 2023.
Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 68%.
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 CHARTER DEVELOPMENT FOUNDATION INC
What does the Chief Executive Officer of CHARTER DEVELOPMENT FOUNDATION INC earn?
In 2023, the Chief Executive Officer of CHARTER DEVELOPMENT FOUNDATION INC received $12,000 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Georgia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CHARTER DEVELOPMENT FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Georgia, the 2023 pay of the Chief Executive Officer at CHARTER DEVELOPMENT FOUNDATION INC falls in the bottom 10%. In 2023, the highest total compensation at CHARTER DEVELOPMENT FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are CHARTER DEVELOPMENT FOUNDATION INC's revenue and expenses?
In 2023, CHARTER DEVELOPMENT FOUNDATION INC reported $871k in total revenue and $562k in total expenses on its IRS Form 990.
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