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Filing year 2023

LEGAL PREP CHARTER ACADEMIES

Chicago, Illinois·EIN 27-1071296·NTEE B29 · Education·501(c)(3)
Total revenue
$5M
Total assets
$6.9M
Total expenses
$5M
Reported officers
21
Mission

THE SCHOOL'S MISSION IS TO PREPARE CHICAGO'S YOUTH TO SUCCEED IN COLLEGE AND IN LIFE. THROUGH A RIGOROUS CURRICULUM AND A CULTURE OF HIGH EXPECTATIONS, THE SCHOOL WILL EMPOWER ITS STUDENTS TO ACHIEVE THEIR FULL POTENTIAL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

CEO & Ex-officio Member
Median to 75th percentile
$190k
$211k
Base
$155k
Bonus
Other
Benefits
$28k
Principal
Highest Compensated Employee
Below 10th percentile
$114k
$126k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LEGAL PREP CHARTER ACADEMIES equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
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 6%
from 2022

From $180k in 2022 to $190k in 2023.

$180k
2022
$190k
2023
In today's dollarsEst.
Up 2% in real terms$206k to $211k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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 rose 6% from 2022 to 2023, while revenue rose 2%.

$180k in 2022 to $190k 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 LEGAL PREP CHARTER ACADEMIES

What does the Chief Executive Officer of LEGAL PREP CHARTER ACADEMIES earn?

In 2023, the Chief Executive Officer of LEGAL PREP CHARTER ACADEMIES received $190,449 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LEGAL PREP CHARTER ACADEMIES compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at LEGAL PREP CHARTER ACADEMIES falls between the median and the 75th percentile. In 2023, the highest total compensation at LEGAL PREP CHARTER ACADEMIES equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are LEGAL PREP CHARTER ACADEMIES's revenue and expenses?

In 2023, LEGAL PREP CHARTER ACADEMIES reported $5M in total revenue and $5M in total expenses on its IRS Form 990.

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