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Filing year 2023

Greater Educational Opportunities Foundation

Indianapolis, Indiana·EIN 95-4406881·NTEE A33Z · Arts, Culture & Humanities·501(c)(3)
Total revenue
$12.6M
Total assets
$21.7M
Total expenses
$11.3M
Reported officers
12
Mission

To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

President/ceo
Above 90th percentilevs Arts, Culture & Humanities peers in Indiana
$456k
$504k
Base
$330k
Bonus
$83k
Other
$10k
Benefits
$15k
Vice President/cfo
Above 90th percentilevs Arts, Culture & Humanities peers in Indiana
$339k
$374k
Base
$278k
Bonus
$44k
Other
Benefits
Chief Accounting Officer
Highest Compensated Employee
75th to 90th percentile
$224k
$247k
Base
$180k
Bonus
$15k
Other
$2k
Benefits
$16k
Executive Director - Nw Indiana
75th to 90th percentilevs Arts, Culture & Humanities peers in Indiana
$178k
$196k
Base
$146k
Bonus
$10k
Other
$9k
Benefits
$4k
Chief Operations Officer
Highest Compensated Employee
Median to 75th percentile
$168k
$186k
Base
$145k
Bonus
$7k
Other
$7k
Benefits
Chief Academic Officer (through Dec 2023)
Highest Compensated Employee
Median to 75th percentile
$159k
$176k
Base
$136k
Bonus
$11k
Other
$2k
Benefits
$2k
Accounting Director
Highest Compensated Employee
25th percentile to median
$140k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Greater Educational Opportunities Foundation equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
4%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $459k in 2022 to $456k in 2023.

$459k
2022
$456k
2023
In today's dollarsEst.
Down 4% in real terms$526k to $504k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 1% from 2022 to 2023, while revenue fell 11%.

$459k in 2022 to $456k in 2023.
  • Highest Compensated Employee pay rose 2% from 2022 to 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 Greater Educational Opportunities Foundation

What does the Chief Executive Officer of Greater Educational Opportunities Foundation earn?

In 2023, the Chief Executive Officer of Greater Educational Opportunities Foundation received $456,125 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Greater Educational Opportunities Foundation compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Indiana, the 2023 pay of the Chief Executive Officer at Greater Educational Opportunities Foundation falls in the top 10%. In 2023, the highest total compensation at Greater Educational Opportunities Foundation equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are Greater Educational Opportunities Foundation's revenue and expenses?

In 2023, Greater Educational Opportunities Foundation reported $12.6M in total revenue and $11.3M in total expenses on its IRS Form 990.

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