TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EXCEL ACADEMY CHARTER SCHOOL AND EXCEL ACADEMY RHODE ISLAND; TO ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM; TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOLS ARE LOCATED AND TO OTHERWISE BENEFIT THE SCHOOLS THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.
- Base
- $263k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $221k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $201k
- Bonus
- —
- Other
- —
- Benefits
- $8k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $176k
- Bonus
- —
- Other
- —
- Benefits
- $187
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer 75th to 90th percentile | $263k | — | — | $23k | $287k $316k |
Chief School Officer Officer (Unspecified) | $221k | — | — | $23k | $244k $269k |
Chief Financial Officer Median to 75th percentile | $201k | — | — | $8k | $209k $230k |
Managing Director: Student Support Highest Compensated Employee 25th percentile to median | $155k | — | — | $23k | $179k $197k |
Deputy Chief Schools Officer Key Employee 10th to 25th percentile | $176k | — | — | $187 | $176k $194k |
Managing Director: Operations 25th percentile to median | — | — | — | — | $140k $154k |
Director of Accounting Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $133k $147k |
Senior Director: Finance 25th percentile to median | — | — | — | — | $132k $146k |
Managing Director of Academics Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $115k $127k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC equaled 4% 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.
Up 125%
from 2022
From $127k in 2022 to $287k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 125% from 2022 to 2023, while revenue fell 43%.
- Chief Financial Officer pay rose 156% from 2022 to 2023.
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 FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC
What does the Chief Executive Officer of FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC earn?
In 2023, the Chief Executive Officer of FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC received $286,895 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.
What are FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC's revenue and expenses?
In 2023, FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC reported $8.1M in total revenue and $8.1M in total expenses on its IRS Form 990.
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