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Filing year 2023

FARWISE INC

Hailey, Idaho·EIN 46-0587871·NTEE B82 · Education·501(c)(3)
Total revenue
$1.7M
Total assets
$3.1M
Total expenses
$1.3M
Reported officers
16
Mission

TO PROVIDE ACADEMIC SUPPORT AND EXPERIENTIAL EDUCATION FOR STUDENTS FROM EARLY ELEMENTARY THROUGH MIDDLE, HIGH SCHOOL AND BEYOND, AND BY REMOVING FINANCIAL AND OTHER BARRIERS, ENSURES THAT ALL STUDENTS CAN ACHIEVE THIER EDUCATION, CAREER AND LIFE GOALS.

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 nationwide.

Executive Di
Median to 75th percentile
$115k
$126k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FARWISE INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
9%
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.

Up 13%
from 2022

From $102k in 2022 to $115k in 2023.

$102k
2022
$115k
2023
In today's dollarsEst.
Up 8% in real terms$117k to $126k

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

Pay for the position

Chief Executive Officer pay rose 13% from 2022 to 2023, while revenue rose 10%.

$102k in 2022 to $115k 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 FARWISE INC

What does the Chief Executive Officer of FARWISE INC earn?

In 2023, the Chief Executive Officer of FARWISE INC received $115,437 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FARWISE INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Executive Officer at FARWISE INC falls between the median and the 75th percentile. In 2023, the highest total compensation at FARWISE INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are FARWISE INC's revenue and expenses?

In 2023, FARWISE INC reported $1.7M in total revenue and $1.3M in total expenses on its IRS Form 990.

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