The purpose for which the corporation was formed, as stated in its Articles of Incorporation, are to establish and run a charter school in the state of Ohio for the benefit of the children of the community and to engage in any other activities incidental to the foregoing purposes for which a corporation may be organized under Chapter 1702 of the Ohio Revised Code; provided, however, that the corporation is organized and shall at all times be operated exclusively within the confines of IRC 501c3.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Ohio.
| Position | Total |
|---|---|
Board Member 10th to 25th percentile | $1k $1k |
Board Member 10th to 25th percentile | $1k $1k |
Board Member 10th to 25th percentile | $1k $1k |
Board Member 10th to 25th percentile | $1k $1k |
Board Member 10th to 25th percentile | $1k $1k |
Board Member 10th to 25th percentile | $875 $967 |
Board Member Below 10th percentile | $695 $768 |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at FOUNDATION ACADEMY INCORPORATED equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Board Member pay fell 10% from 2022 to 2023, while revenue fell 12%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FOUNDATION ACADEMY INCORPORATED
What does the Board Member of FOUNDATION ACADEMY INCORPORATED earn?
In 2023, the Board Member of FOUNDATION ACADEMY INCORPORATED received $1,125 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations in Ohio, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at FOUNDATION ACADEMY INCORPORATED compare with similar nonprofits?
Compared with the same role at Education organizations in Ohio, the 2023 pay of the Board Member at FOUNDATION ACADEMY INCORPORATED falls between the 10th and 25th percentiles. In 2023, the highest total compensation at FOUNDATION ACADEMY INCORPORATED equaled 0.0% of the organization's total expenses. The median for education organizations is 7%.
What are FOUNDATION ACADEMY INCORPORATED's revenue and expenses?
In 2023, FOUNDATION ACADEMY INCORPORATED reported $6.3M in total revenue and $5.7M in total expenses on its IRS Form 990.
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