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Filing year 2024

LITERACY VOLUNTEERS OF KENNEBEC

Augusta, Maine·EIN 23-7409748·NTEE B60 · Education·501(c)(3)
Total revenue
$105k
Total assets
$176k
Total expenses
$77k
Reported officers
12

Executive compensation

Form 990-EZ · Part IV · 1 reported individual · Filing year 2024

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

Executive Director
Below 10th percentile
$31k
$34k

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 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LITERACY VOLUNTEERS OF KENNEBEC equaled 41% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
41%
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.

Held steady
from 2023

From $31k in 2023 to $31k in 2024.

$31k
2023
$31k
2024
In today's dollarsEst.
Down 3% in real terms$35k to $34k

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 Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 26%.

$31k in 2023 to $31k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 LITERACY VOLUNTEERS OF KENNEBEC

What does the Chief Executive Officer of LITERACY VOLUNTEERS OF KENNEBEC earn?

In 2024, the Chief Executive Officer of LITERACY VOLUNTEERS OF KENNEBEC received $31,200 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Maine: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LITERACY VOLUNTEERS OF KENNEBEC compare with similar nonprofits?

Compared with the same role at Education organizations in Maine, the 2024 pay of the Chief Executive Officer at LITERACY VOLUNTEERS OF KENNEBEC falls in the bottom 10%. In 2024, the highest total compensation at LITERACY VOLUNTEERS OF KENNEBEC equaled 41% of the organization's total expenses. The median for education organizations is 7%.

What are LITERACY VOLUNTEERS OF KENNEBEC's revenue and expenses?

In 2024, LITERACY VOLUNTEERS OF KENNEBEC reported $105k in total revenue and $77k in total expenses on its IRS Form 990.

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