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Filing year 2023

Hebron Academy Incorporated

Hebron, Maine·EIN 01-0224898·NTEE B200 · Education·501(c)(3)
Total revenue
$15M
Total assets
$55.1M
Total expenses
$16.2M
Reported officers
22
Mission

To operate a non-profit, private school for students from middle school to high school, and to inspire and guide students to reach their highest potential in mind, body and spirit. Our core values are fundamental to the Hebron experience.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Head of School
Officer (Unspecified)
$261k
$292k
Base
$226k
Bonus
Other
Benefits
$26k
Past CFO
Median to 75th percentile
$159k
$177k
Base
$134k
Bonus
Other
Benefits
$20k
Director of Advancement
Highest Compensated Employee
25th percentile to median
$150k
$167k
Assistant Head of School
Highest Compensated Employee
25th percentile to median
$135k
$151k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 18 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Hebron Academy Incorporated equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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.

Up 36%
from 2022

From $192k in 2022 to $261k in 2023.

$192k
2022
$261k
2023
In today's dollarsEst.
Up 32% in real terms$222k to $292k

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

Pay for the position

Chief Financial Officer pay rose 132% from 2022 to 2023, while revenue rose 13%.

$68k in 2022 to $159k in 2023.
  • Highest Compensated Employee pay fell 7% 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 Hebron Academy Incorporated

What does the Chief Financial Officer of Hebron Academy Incorporated earn?

In 2023, the Chief Financial Officer of Hebron Academy Incorporated received $158,783 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at Hebron Academy Incorporated compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Financial Officer at Hebron Academy Incorporated falls between the median and the 75th percentile. In 2023, the highest total compensation at Hebron Academy Incorporated equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are Hebron Academy Incorporated's revenue and expenses?

In 2023, Hebron Academy Incorporated reported $15M in total revenue and $16.2M in total expenses on its IRS Form 990.

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