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Filing year 2023

FOUNDATION FOR NEW EDUCATION INITIATIVES INC

Miami, Florida·EIN 61-1566768·NTEE B11 · Education·501(c)(3)
Total revenue
$5.2M
Total assets
$4.9M
Total expenses
$5M
Reported officers
14
Mission

THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. SEEKS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATION INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS. PUBLIC EDUCATION CAN SUCCEED WITH THE INVOLVEMENR AND RESOURCES FROM ALL SECTORS OF THE ECONOMY AND ALL SEGMENTS OF SOCIETY.

Executive compensation, broken down

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 Florida.

Executive Director
75th to 90th percentile
$163k
Base
$150k
Bonus
—
Other
—
Benefits
—

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 NEW EDUCATION INITIATIVES INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FOUNDATION FOR NEW EDUCATION INITIATIVES INC

What does the Chief Executive Officer of FOUNDATION FOR NEW EDUCATION INITIATIVES INC earn?

In 2023, the Chief Executive Officer of FOUNDATION FOR NEW EDUCATION INITIATIVES INC received $163,426 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOUNDATION FOR NEW EDUCATION INITIATIVES INC compare with similar nonprofits?

Compared with the same role at Education organizations in Florida, the 2023 pay of the Chief Executive Officer at FOUNDATION FOR NEW EDUCATION INITIATIVES INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FOUNDATION FOR NEW EDUCATION INITIATIVES INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are FOUNDATION FOR NEW EDUCATION INITIATIVES INC's revenue and expenses?

In 2023, FOUNDATION FOR NEW EDUCATION INITIATIVES INC reported $5.2M in total revenue and $5M in total expenses on its IRS Form 990.

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