ELGIN ACADEMY IS A PRESCHOOL THROUGH GRADE 12 INDEPENDENT COLLEGE PREPARATORY, COEDUCATIONAL DAY SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND DEVELOPING THE FULL POTENTIAL OF EACH OF ITS STUDENTS.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.
| Position | Total |
|---|---|
Assistant Head of School Highest Compensated Employee 25th percentile to median | $145k $161k |
Interim Head of School Highest Compensated Employee 10th to 25th percentile | $121k $134k |
Head of School Officer (Unspecified) | $114k $126k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 14 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at ELGIN ACADEMY 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 38%
from 2022
From $235k in 2022 to $145k in 2023.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 8% from 2022 to 2023, while revenue fell 47%.
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 ELGIN ACADEMY
What does the Highest Compensated Employee of ELGIN ACADEMY earn?
In 2023, the Highest Compensated Employee of ELGIN ACADEMY received $144,945 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at ELGIN ACADEMY compare with similar nonprofits?
Compared with the same role at Education organizations in Illinois, the 2023 pay of the Highest Compensated Employee at ELGIN ACADEMY falls between the 25th percentile and the median. In 2023, the highest total compensation at ELGIN ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are ELGIN ACADEMY's revenue and expenses?
In 2023, ELGIN ACADEMY reported $5.7M in total revenue and $8.6M in total expenses on its IRS Form 990.
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