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Filing year 2023

LAKE NORMAN CHARTER SCHOOL

Huntersville, North Carolina·EIN 58-2360164·NTEE B24 · Education·501(c)(3)
Total revenue
$28.1M
Total assets
$71.3M
Total expenses
$27.8M
Reported officers
10
Mission

LAKE NORMAN CHARTER SCHOOL PREPARES STUDENTS TO BE COMMUNITY LEADERS DEMONSTRATING PERSONAL INTEGRITY WITH A LIFE-LONG DESIRE TO LEARN, LEAD AND SERVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Managing Director
Board Member
Above 90th percentile
$251k
$274k
Base
$202k
Bonus
Other
Benefits
$13k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKE NORMAN CHARTER SCHOOL equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
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 20%
from 2022

From $209k in 2022 to $251k in 2023.

$209k
2022
$251k
2023
In today's dollarsEst.
Up 15% in real terms$238k to $274k

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

Pay for the position

Board Member pay rose 20% from 2022 to 2023, while revenue fell 4%.

$209k in 2022 to $251k 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 LAKE NORMAN CHARTER SCHOOL

What does the Board Member of LAKE NORMAN CHARTER SCHOOL earn?

In 2023, the Board Member of LAKE NORMAN CHARTER SCHOOL received $250,658 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at LAKE NORMAN CHARTER SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Board Member at LAKE NORMAN CHARTER SCHOOL falls in the top 10%. In 2023, the highest total compensation at LAKE NORMAN CHARTER SCHOOL equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are LAKE NORMAN CHARTER SCHOOL's revenue and expenses?

In 2023, LAKE NORMAN CHARTER SCHOOL reported $28.1M in total revenue and $27.8M in total expenses on its IRS Form 990.

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