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Filing year 2023

FHL ACADEMY INC

Bagley, Minnesota·EIN 47-5342952·NTEE B24 · Education·3
Total revenue
$458k
Total assets
$505k
Total expenses
$517k
Reported officers
5
Mission

GIVE CHILDREN THE OPPORTUNITY TO LEARN IN AN ENVIRONMENT WHERE THEIR EDUCATION IS BASED UPON STRONG BIBLICAL VALUES AND TRUTHS.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

President
10th to 25th percentile
$32k
$35k
Treasurer
Officer (Unspecified)
$24k
$27k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FHL ACADEMY INC equaled 6% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
6%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 34%
from 2022

From $48k in 2022 to $32k in 2023.

$48k
2022
$32k
2023
In today's dollarsEst.
Down 36% in real terms$55k to $35k

Estimated with BLS CPI-U for the Midwest 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 fell 34% from 2022 to 2023, while revenue rose 2%.

$48k in 2022 to $32k 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 FHL ACADEMY INC

What does the Chief Executive Officer of FHL ACADEMY INC earn?

In 2023, the Chief Executive Officer of FHL ACADEMY INC received $32,048 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at FHL ACADEMY INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at FHL ACADEMY INC equaled 6% of the organization's total expenses. The median for education organizations is 6%.

What are FHL ACADEMY INC's revenue and expenses?

In 2023, FHL ACADEMY INC reported $458k in total revenue and $517k in total expenses on its IRS Form 990.

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