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Filing year 2023

FOUNDATION FOR MANUFACTURING EXCELLENCE

Mt Airy, Maryland·EIN 47-4000117·NTEE B99 · Education·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 · Schedule J · 1 reported individual · Filing year 2023

Dir of Membe
highest compensated employee
$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

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.

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

Revenue and expenses over time

FOUNDATION FOR MANUFACTURING EXCELLENCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$881k
2022
$772k
$580k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maryland

Comparable education organizations in Maryland pay their highest-earning executive a median of $105,478.

25th percentile
$38k
Median
$105,478
75th percentile
$223k
90th percentile
$512k

These are education sector-wide figures, not this organization's reported pay. Based on 212 organizations across 212 filings (2021 – 2023).

See full Education pay data for Maryland
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