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Filing year 2023

MERIT COLLEGE PREPARATORY ACADEMY

Springville, Utah·EIN 26-0450627·NTEE B29 · Education·3
Total revenue
$6.8M
Total assets
$14.7M
Total expenses
$5.8M
Reported officers
7
Mission

MERIT WILL PREPARE ALL STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AS CITIZENS IN SOCIETY BY DEVELOPING THE KNOWLEDGE AND SKILLS REQUIRED TO EXCEL IN HIGHER EDUCATION AND BY DEVELOPING THE KNOWLEDGE AND SKILLS REQUIRED FOR COMMUNITY LEADERSHIP AND SOCIAL COMMITMENT.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Director
director (operational)
$126k
$138k

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 6 unpaid individuals.

Browse compensation in Education

Up 46%
from 2022

From $86k in 2022 to $126k in 2023.

$86k
2022
$126k
2023
In today's dollarsEst.
Up 40% in real terms$99k to $138k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MERIT COLLEGE PREPARATORY ACADEMY reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.8M
$5.3M
2022
$6.8M
$5.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Utah

Comparable education organizations in Utah pay their highest-earning executive a median of $102,392.

25th percentile
$43k
Median
$102,392
75th percentile
$155k
90th percentile
$270k

These are education sector-wide figures, not this organization's reported pay. Based on 64 organizations across 64 filings (2022 – 2023).

See full Education pay data for Utah
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