THE MILLENNIAL DEBT FOUNDATION WAS LAUNCHED IN MID-2019 BY TENNESSEAN WESTON WAMP AND OTHER MILLENNIAL ENTREPRENEURS TO LEAD A GENERATIONAL CONVERSATION ABOUT FISCAL STEWARDSHIP, THE ROLE OF THE FEDERAL GOVERNMENT AND AMERICA'S DEFICIT SPENDING CRISIS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Tennessee.
| Position | Total |
|---|---|
Director Highest Compensated Employee 25th percentile to median | $126k $134k |
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 5 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MILLENNIAL DEBT FOUNDATION equaled 19% 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 5%
from 2023
From $120k in 2023 to $126k in 2024.
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.
Highest Compensated Employee pay rose 5% from 2023 to 2024, while revenue rose 134%.
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 MILLENNIAL DEBT FOUNDATION
What does the Highest Compensated Employee of MILLENNIAL DEBT FOUNDATION earn?
In 2024, the Highest Compensated Employee of MILLENNIAL DEBT FOUNDATION received $126,000 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 MILLENNIAL DEBT FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Tennessee, the 2024 pay of the Highest Compensated Employee at MILLENNIAL DEBT FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at MILLENNIAL DEBT FOUNDATION equaled 19% of the organization's total expenses. The median for education organizations is 7%.
What are MILLENNIAL DEBT FOUNDATION's revenue and expenses?
In 2024, MILLENNIAL DEBT FOUNDATION reported $1M in total revenue and $661k in total expenses on its IRS Form 990.
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