MEMPHIS BUSINESS ACADEMY IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE SHELBY COUNTY SCHOOLS BOARD OF EDUCATION. THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Tennessee.
- Base
- $204k
- Bonus
- —
- Other
- —
- Benefits
- $25k
- Base
- $156k
- Bonus
- —
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Co-ceo Officer (Unspecified) | $204k | — | — | $25k | $241k |
Co-ceo Officer (Unspecified) | $156k | — | — | $19k | $184k |
Director of Pre-k and Human Resources Highest Compensated Employee 25th percentile to median | — | — | — | — | $148k |
Chief of Academic Officer Highest Compensated Employee 25th percentile to median | — | — | — | — | $136k |
Director of Compliance Highest Compensated Employee 25th percentile to median | — | — | — | — | $133k |
CFO 25th percentile to median | — | — | — | — | $132k |
School Leader Highest Compensated Employee 25th percentile to median | — | — | — | — | $131k |
School Leader Highest Compensated Employee 25th percentile to median | — | — | — | — | $130k |
School Leader Highest Compensated Employee 25th percentile to median | — | — | — | — | $128k |
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Memphis Business Academy Inc equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Climbed 17%
over 2 years
From $206k in 2022 to $241k in 2024.
Highest Compensated Employee pay rose 15% from 2023 to 2024, while revenue fell 9%.
- Chief Financial Officer pay rose 37% from 2022 to 2024.
- Chief Executive Officer pay rose 21% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Memphis Business Academy Inc
What does the Highest Compensated Employee of Memphis Business Academy Inc earn?
In 2024, the Highest Compensated Employee of Memphis Business Academy Inc received $147,670 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Tennessee, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at Memphis Business Academy Inc compare with similar nonprofits?
Compared with the same role at Education organizations in Tennessee, the 2024 pay of the Highest Compensated Employee at Memphis Business Academy Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at Memphis Business Academy Inc equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.
What are Memphis Business Academy Inc's revenue and expenses?
In 2024, Memphis Business Academy Inc reported $25.6M in total revenue and $25M in total expenses on its IRS Form 990.
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