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Filing year 2023

KOVAGO DEVELOPMENTAL FOUNDATION INC

Ashland, Massachusetts·EIN 04-2867671·NTEE B210 · Education·3
Total revenue
$749k
Total assets
$297k
Total expenses
$1M
Reported officers
3
Mission

PROVIDE PRESCHOOL ELEMENTARY EDUCATION IN THE MONTESSORI METHOD TO APPROXIMATELY 100 STUDENTS PER YEAR

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

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

President
25th percentile to median
$116k
$127k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at KOVAGO DEVELOPMENTAL FOUNDATION INC equaled 11% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
11%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 13%
from 2022

From $133k in 2022 to $116k in 2023.

$133k
2022
$116k
2023
In today's dollarsEst.
Down 16% in real terms$151k to $127k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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 13% from 2022 to 2023, while revenue fell 41%.

$133k in 2022 to $116k in 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 KOVAGO DEVELOPMENTAL FOUNDATION INC

What does the Chief Executive Officer of KOVAGO DEVELOPMENTAL FOUNDATION INC earn?

In 2023, the Chief Executive Officer of KOVAGO DEVELOPMENTAL FOUNDATION INC received $115,602 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KOVAGO DEVELOPMENTAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at KOVAGO DEVELOPMENTAL FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at KOVAGO DEVELOPMENTAL FOUNDATION INC equaled 11% of the organization's total expenses. The median for education organizations is 6%.

What are KOVAGO DEVELOPMENTAL FOUNDATION INC's revenue and expenses?

In 2023, KOVAGO DEVELOPMENTAL FOUNDATION INC reported $749k in total revenue and $1M in total expenses on its IRS Form 990.

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