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Filing year 2023

FOUNDATION FOR MANUFACTURING EXCELLENCE

Mt Airy, Maryland·EIN 47-4000117·NTEE B99 · Education·501(c)(3)
Total revenue
$772k
Total assets
$2M
Total expenses
$580k
Reported officers
14
Mission

THE FOUNDATION WAS ESTABLISHED TO PROVIDE EDUCATIONAL AND TRAINING ACTIVITIES TO SUPPORT MANUFACTURING SERVICE PROVIDERS AND PARTNERS IN AN EFFORT TO STRENGTHEN AMERICA'S SMALL TO MEDIUM SIZED MANUFACTURING INDUSTRY. IN ADDITION, THE FOUNDATION WILL ORGANIZE AND LEAD EDUCATIONAL CONFERENCES AND SEMINARS THAT INSTRUCT MANUFACTURING SERVICE PROVIDERS REGARDING BEST BUSINESS PRACTICES AND TO CONDUCT STUDIES AND SURVEYS TO IMPROVE RESEARCH SUPPORTING SMALL MANUFACTURERS.

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 Maryland.

Dir of Membe
Highest Compensated Employee
10th to 25th percentile
$141k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FOUNDATION FOR MANUFACTURING EXCELLENCE equaled 24% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
24%
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.

Up 8%
from 2022

From $131k in 2022 to $141k in 2023.

$131k
2022
$141k
2023
In today's dollarsEst.
Up 5% in real terms$148k to $155k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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 8% from 2022 to 2023, while revenue fell 36%.

$131k in 2022 to $141k 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 FOUNDATION FOR MANUFACTURING EXCELLENCE

What does the Highest Compensated Employee of FOUNDATION FOR MANUFACTURING EXCELLENCE earn?

In 2023, the Highest Compensated Employee of FOUNDATION FOR MANUFACTURING EXCELLENCE received $141,210 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among Education organizations in Maryland, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at FOUNDATION FOR MANUFACTURING EXCELLENCE compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Highest Compensated Employee at FOUNDATION FOR MANUFACTURING EXCELLENCE falls between the 10th and 25th percentiles. In 2023, the highest total compensation at FOUNDATION FOR MANUFACTURING EXCELLENCE equaled 24% of the organization's total expenses. The median for education organizations is 7%.

What are FOUNDATION FOR MANUFACTURING EXCELLENCE's revenue and expenses?

In 2023, FOUNDATION FOR MANUFACTURING EXCELLENCE reported $772k in total revenue and $580k in total expenses on its IRS Form 990.

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