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Filing year 2023

GREATHEARTS AMERICA

Phoenix, Arizona·EIN 45-4306715·NTEE B02 · Education·501(c)(3)
Total revenue
$18.8M
Total assets
$16.1M
Total expenses
$17.5M
Reported officers
13
Mission

GREAT HEARTS IS A NON-PROFIT NETWORK OF PUBLIC CHARTER SCHOOLS DEDICATED TO IMPROVING EDUCATION NATIONWIDE THROUGH CLASSICAL PREPARATORY K-12 ACADEMIES. A GREAT HEARTS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS AND BEAUTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

CEO
Above 90th percentilevs Education peers in Arizona
$453k
$481k
Base
$429k
Bonus
$200
Other
$235
Benefits
$19k
Chief Academ
Officer (Unspecified)
$387k
$411k
Base
$360k
Bonus
$200
Other
$235
Benefits
$19k
Prior CFO
75th to 90th percentile
$247k
$262k
Base
$228k
Bonus
$200
Other
$235
Benefits
$14k
VP Curriculu
Board Vice President
Median to 75th percentile
$246k
$261k
Base
$175k
Bonus
$200
Other
$48k
Benefits
$19k
VP Business
Board Vice President
Median to 75th percentile
$213k
$227k
Base
$141k
Bonus
Other
$65k
Benefits
$6k
VP Faculty D
Board Vice President
Median to 75th percentile
$191k
$203k
Base
$175k
Bonus
$200
Other
$235
Benefits
$12k
VP Developme
Board Vice President
Median to 75th percentile
$190k
$201k
Base
$185k
Bonus
$200
Other
$235
Benefits
$132
Sr Dir Co-cu
Highest Compensated Employee
75th to 90th percentilevs Education peers in Arizona
$186k
$197k
Base
$131k
Bonus
$33k
Other
$235
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GREATHEARTS AMERICA 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.

Down 15%
from 2022

From $535k in 2022 to $453k in 2023.

$535k
2022
$453k
2023
In today's dollarsEst.
Down 20% in real terms$597k to $481k

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 15% from 2022 to 2023, while revenue rose 17%.

$535k in 2022 to $453k in 2023.
  • Chief Financial Officer pay fell 7% from 2022 to 2023.
  • Board Vice President pay rose 5% 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 GREATHEARTS AMERICA

What does the Chief Executive Officer of GREATHEARTS AMERICA earn?

In 2023, the Chief Executive Officer of GREATHEARTS AMERICA received $452,627 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Arizona: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATHEARTS AMERICA compare with similar nonprofits?

Compared with the same role at Education organizations in Arizona, the 2023 pay of the Chief Executive Officer at GREATHEARTS AMERICA falls in the top 10%. In 2023, the highest total compensation at GREATHEARTS AMERICA equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are GREATHEARTS AMERICA's revenue and expenses?

In 2023, GREATHEARTS AMERICA reported $18.8M in total revenue and $17.5M in total expenses on its IRS Form 990.

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