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Filing year 2023

CHELSEA ACADEMY INC

Front Royal, Virginia·EIN 20-8995583·NTEE B20 · Education·501(c)(3)
Total revenue
$3.6M
Total assets
$1.3M
Total expenses
$3.6M
Reported officers
12
Mission

CHELSEA ACADEMY SEEKS TO FORM CONFIDENT YOUNG MEN AND WOMEN EDUCATED IN THE LIBERAL ARTS TRADITION AND THE CATHOLIC FAITH FROM KINDERGARTEN THROUGH 12TH GRADE.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Head Master
Officer (Unspecified)
$133k
$145k
Dean of Students
Highest Compensated Employee
10th to 25th percentile
$102k
$112k
CFO (thru Aug 2023) and Treasurer
25th percentile to median
$81k
$89k
Chief Financial Officer
25th percentile to median
$30k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHELSEA ACADEMY INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
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 4%
from 2022

From $128k in 2022 to $133k in 2023.

$128k
2022
$133k
2023
In today's dollarsEst.
Up 1% in real terms$144k to $145k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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

Chief Financial Officer pay fell 33% from 2022 to 2023, while revenue rose 21%.

$120k in 2022 to $81k 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 CHELSEA ACADEMY INC

What does the Highest Compensated Employee of CHELSEA ACADEMY INC earn?

In 2023, the Highest Compensated Employee of CHELSEA ACADEMY INC received $102,408 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CHELSEA ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Highest Compensated Employee at CHELSEA ACADEMY INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at CHELSEA ACADEMY INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are CHELSEA ACADEMY INC's revenue and expenses?

In 2023, CHELSEA ACADEMY INC reported $3.6M in total revenue and $3.6M in total expenses on its IRS Form 990.

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