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Filing year 2024

MEMPHIS BUSINESS ACADEMY INC

Memphis, Tennessee·EIN 20-1195290·NTEE B29 · Education·501(c)(3)
Total revenue
$25.6M
Total assets
$41.3M
Total expenses
$25M
Reported officers
17
Mission

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.

Co-ceo
Officer (Unspecified)
$241k
$256k
Base
$204k
Bonus
Other
Benefits
$25k
Co-ceo
Officer (Unspecified)
$184k
$195k
Base
$156k
Bonus
Other
Benefits
$19k
Director of Pre-k and Human Resources
Highest Compensated Employee
25th percentile to median
$148k
$157k
Chief of Academic Officer
Highest Compensated Employee
25th percentile to median
$136k
$144k
Director of Compliance
Highest Compensated Employee
25th percentile to median
$133k
$141k
CFO
25th percentile to median
$132k
$140k
School Leader
Highest Compensated Employee
25th percentile to median
$131k
$139k
School Leader
Highest Compensated Employee
25th percentile to median
$130k
$138k
School Leader
Highest Compensated Employee
25th percentile to median
$128k
$136k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

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%.

This organization (2024)
1.0%
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.

Climbed 17%
over 2 years

From $206k in 2022 to $241k in 2024.

$206k
2022
$250k
2023
$241k
2024
In today's dollarsEst.
Up 9% in real terms$236k to $256k

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

Pay for the position

Highest Compensated Employee pay rose 15% from 2023 to 2024, while revenue fell 9%.

$129k in 2023 to $148k in 2024.
  • 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.

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 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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