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Filing year 2024

IDEAL EDUCATION A NJ NONPROFIT CORP

Mays Landing, New Jersey·EIN 46-1389640·NTEE B90 · Education·3
Total revenue
$3.2M
Total assets
$9.5M
Total expenses
$2.9M
Reported officers
4
Mission

Ideal Education DBA Ideal Institute of Technology is a 501 (c) 3 non-profit private career school that is licensed by the State of New Jersey Department of Education and the Department of Labor and Workforce Development. Ideal Education is fully accredited by the Middle States Association. Ideal Institute operates two campuses in Atlantic County, New Jersey. The main campus is headquartered at 4403 Black Horse Pike, Unit 2141, Mays Landing; and the second campus is located at 121-123 S. Main Street, Pleasantville. A future home for Ideal is underway at 1000 W. Washington Ave., Pleasantville. Ideal, founded by Dhiren and Mital Parikh, opened its doors in 2016 in Absecon, NJ. Since the service industry dominated Atlantic County, the founders wanted to bring technology and business programs to adults to help them find sustainable, high paying employment. Microsoft Office, Computer Programs, Web Development, and Entrepreneurship programs are among the most popular programs of study. Many a

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Program Director
director (operational)
$155k
$168k
Base
$155k
Bonus
Other
Benefits

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 3 unpaid individuals.

Browse compensation in Education

Held steady
from 2023

From $156k in 2023 to $155k in 2024.

$156k
2023
$155k
2024
In today's dollarsEst.
Down 4% in real terms$174k to $168k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IDEAL EDUCATION A NJ NONPROFIT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$2.4M
2023
$3.2M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in New Jersey

Comparable education organizations in New Jersey pay their highest-earning executive a median of $143,489.

25th percentile
$50k
Median
$143,489
75th percentile
$228k
90th percentile
$529k

These are education sector-wide figures, not this organization's reported pay. Based on 259 organizations across 259 filings (2021 – 2023).

See full Education pay data for New Jersey
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