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Filing year 2023

Classical Academies CFA Inc

Lake Lure, North Carolina·EIN 27-1315350·NTEE B29 · Education·501(c)(3)
Total revenue
$5.7M
Total assets
$2.5M
Total expenses
$6.1M
Reported officers
9
Mission

Operate a public charter school to educate children in the community.

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 North Carolina.

School Director
Key Employee
25th percentile to median
$107k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, 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 Classical Academies CFA Inc equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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 3%
from 2022

From $103k in 2022 to $107k in 2023.

$103k
2022
$107k
2023
In today's dollarsEst.
Down 1% in real terms$118k to $116k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 3% from 2022 to 2023, while revenue fell 16%.

$103k in 2022 to $107k 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 Classical Academies CFA Inc

What does the Key Employee of Classical Academies CFA Inc earn?

In 2023, the Key Employee of Classical Academies CFA Inc received $106,675 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Education organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at Classical Academies CFA Inc compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Key Employee at Classical Academies CFA Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Classical Academies CFA Inc equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are Classical Academies CFA Inc's revenue and expenses?

In 2023, Classical Academies CFA Inc reported $5.7M in total revenue and $6.1M in total expenses on its IRS Form 990.

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