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Filing year 2023

MONTCLAIR KIMBERLEY ACADEMY FOUNDATION

Montclair, New Jersey·EIN 23-7365263·NTEE B200 · Education·501(c)(3)
Total revenue
$57.4M
Total assets
$102.3M
Total expenses
$52M
Reported officers
37

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.

Head of School
Officer (Unspecified)
$570k
$640k
Base
$378k
Bonus
$1k
Other
Benefits
$175k
Chief Financial & Operating Officer
Above 90th percentile
$404k
$453k
Base
$305k
Bonus
$1k
Other
Benefits
$74k
Head, Upper School
Highest Compensated Employee
75th to 90th percentile
$346k
$388k
Base
$205k
Bonus
$1k
Other
Benefits
$119k
Head, Middle Campus
Highest Compensated Employee
75th to 90th percentile
$283k
$317k
Base
$176k
Bonus
$1k
Other
Benefits
$88k
Director, Physical Plant
Highest Compensated Employee
75th to 90th percentile
$273k
$306k
Base
$170k
Bonus
$1k
Other
Benefits
$85k
Asst. Head of School
Highest Compensated Employee
Median to 75th percentile
$224k
$251k
Base
$173k
Bonus
$1k
Other
Benefits
$31k
Dir, Star Camp/pe & Health Teacher
Board Member
Above 90th percentile
$187k
$210k
Base
$117k
Bonus
$1k
Other
$57k
Benefits
$353

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 30 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MONTCLAIR KIMBERLEY ACADEMY FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 3%
from 2022

From $551k in 2022 to $570k in 2023.

$551k
2022
$570k
2023
In today's dollarsEst.
Roughly flat in real terms$643k to $640k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 4% from 2022 to 2023, while revenue rose 7%.

$387k in 2022 to $404k in 2023.
  • Highest Compensated Employee pay fell 19% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 MONTCLAIR KIMBERLEY ACADEMY FOUNDATION

What does the Chief Financial Officer of MONTCLAIR KIMBERLEY ACADEMY FOUNDATION earn?

In 2023, the Chief Financial Officer of MONTCLAIR KIMBERLEY ACADEMY FOUNDATION received $404,055 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at MONTCLAIR KIMBERLEY ACADEMY FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Financial Officer at MONTCLAIR KIMBERLEY ACADEMY FOUNDATION falls in the top 10%. In 2023, the highest total compensation at MONTCLAIR KIMBERLEY ACADEMY FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are MONTCLAIR KIMBERLEY ACADEMY FOUNDATION's revenue and expenses?

In 2023, MONTCLAIR KIMBERLEY ACADEMY FOUNDATION reported $57.4M in total revenue and $52M in total expenses on its IRS Form 990.

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