Merit Academy will cultivate the minds and nurture the hearts of K-12 youth in the Ute Pass/Woodland Park region with instruction in the principles of moral character and civic virtue, employing honored foundations of classical education and Core Knowledge.
Executive compensation
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 Colorado.
| Position | Total |
|---|---|
Headmaster Officer (Unspecified) | $112k $123k |
CFO 25th percentile to median | $63k $69k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Merit Academy equaled 2% 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 33%
from 2022
From $84k in 2022 to $112k in 2023.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Merit Academy
What does the Chief Financial Officer of Merit Academy earn?
In 2023, the Chief Financial Officer of Merit Academy received $63,400 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Education organizations in Colorado, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at Merit Academy compare with similar nonprofits?
Compared with the same role at Education organizations in Colorado, the 2023 pay of the Chief Financial Officer at Merit Academy falls between the 25th percentile and the median. In 2023, the highest total compensation at Merit Academy equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are Merit Academy's revenue and expenses?
In 2023, Merit Academy reported $5.4M in total revenue and $6.8M in total expenses on its IRS Form 990.
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