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Filing year 2024

FACULTY PRACTICE FOUNDATION INC

Boston, Massachusetts·EIN 04-3289381·501(c)(3)
Total revenue
$4.4M
Total assets
$106.1M
Total expenses
$7M
Reported officers
16

Reported officers (all unpaid)

No paid executives reported in 2024. FACULTY PRACTICE FOUNDATION INC reported 16 unpaid officers and board members on its 990.

Trustee
Trustee/chair
Trustee
Treasurer, Trustee
Trustee
Trustee
Trustee
Trustee
Trustee/president
Trustee
Trustee (until 9/25/24)
Trustee
Trustee
Trustee (as of 9/25/24)
Clerk
Trustee

Up 31%
from 2022

From $96k in 2022 to $126k in 2023.

$96k
2022
$126k
2023
In today's dollarsEst.
Up 26% in real terms$110k to $138k

Estimated with Boston-Cambridge-Newton, MA-NH 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

Board Member pay rose 31% from 2022 to 2023, while revenue rose 32%.

$96k in 2022 to $126k in 2023.
  • Chief Executive Officer pay rose 7% from 2022 to 2023.
  • Former Officer/director/trustee pay rose 7% from 2022 to 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.
Financial trend

Revenue and expenses over time

FACULTY PRACTICE FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$16.1M
$29.7M
2022
$21.2M
$29.8M
2023
$4.4M
$7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FACULTY PRACTICE FOUNDATION INC

What are FACULTY PRACTICE FOUNDATION INC's revenue and expenses?

In 2024, FACULTY PRACTICE FOUNDATION INC reported $4.4M in total revenue and $7M in total expenses on its IRS Form 990.

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