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Filing year 2024

LPS EDUCATION FOUNDATION INC

Livonia, Michigan·EIN 20-1085968·NTEE B11 · Education·3
Total revenue
$137k
Total assets
$1.5M
Total expenses
$139k
Reported officers
15
Mission

ENLARGE RESOURCES AVAILABLE FOR THE SCHOOL DISTRICT WHICH WILL FOSTER AND EXPAND EDUCATIONAL OPPORTUNITIES FOR PROGRAMS IMPACTING STUDENTS BY BUILDING EFFECTIVE COLLABORATIONS AND CONTRIBUTING TO THE ESTABLISHMENT OF COLLGE SAVINGS PROGRAMS

Executive compensation

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

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

Executive Director(non-vote)
25th percentile to median
$43k
$45k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LPS EDUCATION FOUNDATION INC equaled 31% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
31%
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.

Up 4%
from 2023

From $41k in 2023 to $43k in 2024.

$41k
2023
$43k
2024
In today's dollarsEst.
Up 1% in real terms$45k to $45k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 5%.

$41k in 2023 to $43k 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 LPS EDUCATION FOUNDATION INC

What does the Chief Executive Officer of LPS EDUCATION FOUNDATION INC earn?

In 2024, the Chief Executive Officer of LPS EDUCATION FOUNDATION INC received $42,850 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LPS EDUCATION FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2024 pay of the Chief Executive Officer at LPS EDUCATION FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at LPS EDUCATION FOUNDATION INC equaled 31% of the organization's total expenses. The median for education organizations is 6%.

What are LPS EDUCATION FOUNDATION INC's revenue and expenses?

In 2024, LPS EDUCATION FOUNDATION INC reported $137k in total revenue and $139k in total expenses on its IRS Form 990.

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