THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS, DISTRIBUTE FUNDS AND PROVIDE SUPPORT FOR SCHOLARSHIP PROGRAMS IN NORTH AMERICA, INCLUDING THE HORATIO ALGER ASSOCIATION OF CANADA (HAAC).
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 Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
Secretary-treasurer Board Treasurer Above 90th percentile | $455k $498k |
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 3 unpaid individuals.
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Top pay as a share of expenses
In 2023, the highest total compensation at FRIENDS OF HAAC INC equaled 9,097% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking 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.
Common questions about FRIENDS OF HAAC INC
What does the Board Treasurer of FRIENDS OF HAAC INC earn?
In 2023, the Board Treasurer of FRIENDS OF HAAC INC received $454,573 in total compensation. This pay is in the top 10% for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Treasurer pay at FRIENDS OF HAAC INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Treasurer at FRIENDS OF HAAC INC falls in the top 10%. In 2023, the highest total compensation at FRIENDS OF HAAC INC equaled 9,097% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are FRIENDS OF HAAC INC's revenue and expenses?
In 2023, FRIENDS OF HAAC INC reported $211k in total revenue and $5k in total expenses on its IRS Form 990.
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