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Filing year 2023

MAIN STREET PREPARATORY ACADEMY INC

Akron, Ohio·EIN 46-2087498·NTEE B20 · Education·501(c)(3)
Total revenue
$1.8M
Total assets
$976k
Total expenses
$1.3M
Reported officers
5
Mission

Main Street Preparatory Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students success in school, at future work, and in life. To achieve the mission, our School will integrate current learning technologies into the classroom, offer authentic learning experiences that are respectful of how children learn best, and offer a schedule and support activities that enable each student to achieve to his or her potential. We want our students to leave the School with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Board President
Below 10th percentile
$750
$828
Board Treasurer
10th to 25th percentilevs Education peers nationwide
$750
$828
Board Secretary
Below 10th percentilevs Education peers nationwide
$750
$828
Board Member
Below 10th percentile
$750
$828
Board Member
Below 10th percentile
$625
$690

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MAIN STREET PREPARATORY ACADEMY INC equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.1%
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.

Pay for the position

Board President pay fell 14% from 2022 to 2023, while revenue rose 21%.

$875 in 2022 to $750 in 2023.
  • Board Treasurer pay fell 14% from 2022 to 2023.
  • Board Secretary pay fell 14% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MAIN STREET PREPARATORY ACADEMY INC

What does the Board President of MAIN STREET PREPARATORY ACADEMY INC earn?

In 2023, the Board President of MAIN STREET PREPARATORY ACADEMY INC received $750 in total compensation. This pay is in the bottom 10% for Board President roles among Education organizations in Ohio: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board President pay at MAIN STREET PREPARATORY ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Board President at MAIN STREET PREPARATORY ACADEMY INC falls in the bottom 10%. In 2023, the highest total compensation at MAIN STREET PREPARATORY ACADEMY INC equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

What are MAIN STREET PREPARATORY ACADEMY INC's revenue and expenses?

In 2023, MAIN STREET PREPARATORY ACADEMY INC reported $1.8M in total revenue and $1.3M in total expenses on its IRS Form 990.

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