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Filing year 2023

FAYETTE ACADEMY

Somerville, Tennessee·EIN 62-0726245·NTEE B20 · Education·501(c)(3)
Total revenue
$7M
Total assets
$9.9M
Total expenses
$6.5M
Reported officers
16
Mission

TO PROVIDE CO-EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES TO STUDENTS FROM PRE-KINDERGARTEN TO 12TH GRADE.

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 Tennessee.

Head of School
Highest Compensated Employee
25th percentile to median
$129k
$141k

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 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FAYETTE ACADEMY 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 14%
from 2022

From $114k in 2022 to $129k in 2023.

$114k
2022
$129k
2023
In today's dollarsEst.
Up 9% in real terms$130k to $141k

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

Highest Compensated Employee pay rose 14% from 2022 to 2023, while revenue fell 5%.

$114k in 2022 to $129k 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 FAYETTE ACADEMY

What does the Highest Compensated Employee of FAYETTE ACADEMY earn?

In 2023, the Highest Compensated Employee of FAYETTE ACADEMY received $129,050 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Tennessee, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Highest Compensated Employee at FAYETTE ACADEMY falls between the 25th percentile and the median. In 2023, the highest total compensation at FAYETTE ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are FAYETTE ACADEMY's revenue and expenses?

In 2023, FAYETTE ACADEMY reported $7M in total revenue and $6.5M in total expenses on its IRS Form 990.

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