TO WORK IN PARTNERSHIP WITH THE SHELBY COUNTY SCHOOL DISTRICT AND THE ACHIEVEMENT SCHOOL DISTRICT ON STRATEGIES THAT SUPPORT SCHOOL IMPROVEMENT, DEVELOPMENT, AND IMPLEMENTATION OF INITIATIVES FOCUSED ON INCREASING K-12 EDUCATIONAL OUTCOMES IN THE GREATER MEMPHIS, TN AREA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Tennessee.
- Base
- $255k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $144k
- Bonus
- —
- Other
- —
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $255k | — | — | $11k | $276k $302k |
Director of Advocacy Highest Compensated Employee Median to 75th percentile | $144k | — | — | $11k | $160k $175k |
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 7 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MEMPHIS EDUCATION FUND INC equaled 7% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 8%
from 2021
From $256k in 2021 to $276k in 2023.
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.
Chief Executive Officer pay rose 8% from 2021 to 2023, while revenue rose 14%.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MEMPHIS EDUCATION FUND INC
What does the Chief Executive Officer of MEMPHIS EDUCATION FUND INC earn?
In 2023, the Chief Executive Officer of MEMPHIS EDUCATION FUND INC received $276,224 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MEMPHIS EDUCATION FUND INC compare with similar nonprofits?
Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Chief Executive Officer at MEMPHIS EDUCATION FUND INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MEMPHIS EDUCATION FUND INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.
What are MEMPHIS EDUCATION FUND INC's revenue and expenses?
In 2023, MEMPHIS EDUCATION FUND INC reported $3.5M in total revenue and $3.9M in total expenses on its IRS Form 990.
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