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Filing year 2024

First Academy Inc

Bloomfield, Connecticut·EIN 06-1426905·NTEE B21 · Education·501(c)(3)
Total revenue
$895k
Total assets
$435k
Total expenses
$667k
Reported officers
7
Mission

To provide a safe nurturing and developmentally appropriate program which fosters active learning support for the whole child.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

School Director
Director (Operational)
25th percentile to median
$60k
$65k
Treasurer
Officer (Unspecified)
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at First Academy Inc equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
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.

Held roughly steady
over 2 years

From $61k in 2022 to $60k in 2024.

$61k
2022
$65k
2023
$60k
2024
In today's dollarsEst.
Down 8% in real terms$70k to $65k

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

Pay for the position

Director (Operational) pay fell 2% from 2022 to 2024, while revenue rose 56%.

$61k in 2022 to $60k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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 First Academy Inc

What does the Director (Operational) of First Academy Inc earn?

In 2024, the Director (Operational) of First Academy Inc received $60,000 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at First Academy Inc compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Director (Operational) at First Academy Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at First Academy Inc equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are First Academy Inc's revenue and expenses?

In 2024, First Academy Inc reported $895k in total revenue and $667k in total expenses on its IRS Form 990.

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