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Filing year 2023

FAYETTE ACADEMY

Somerville, Tennessee·EIN 62-0726245·NTEE B20 · Education·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 · Schedule J · 1 reported individual · Filing year 2023

Head of School
highest compensated employee
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FAYETTE ACADEMY reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$6.3M
2022
$7M
$6.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Tennessee

Comparable education organizations in Tennessee pay their highest-earning executive a median of $102,768.

25th percentile
$52k
Median
$102,768
75th percentile
$228k
90th percentile
$401k

These are education sector-wide figures, not this organization's reported pay. Based on 176 organizations across 176 filings (2022 – 2023).

See full Education pay data for Tennessee
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