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Filing year 2024

NEARSPACE EDUCATION INC

Upland, Indiana·EIN 85-0788293·NTEE B99 · Education·501(c)(3)
Total revenue
$1.1M
Total assets
$1.2M
Total expenses
$579k
Reported officers
5
Mission

TO INSPIRE, EQUIP, AND IMPACT THE NEXT GENERATION OF STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS.

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 Indiana.

President
10th to 25th percentile
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEARSPACE EDUCATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
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.

Down 36%
from 2023

From $29k in 2023 to $18k in 2024.

$29k
2023
$18k
2024
In today's dollarsEst.
Down 38% in real terms$32k to $20k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 140% from 2023 to 2024, while revenue rose 62%.

$8k in 2023 to $18k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 NEARSPACE EDUCATION INC

What does the Chief Executive Officer of NEARSPACE EDUCATION INC earn?

In 2024, the Chief Executive Officer of NEARSPACE EDUCATION INC received $18,218 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Indiana, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEARSPACE EDUCATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2024 pay of the Chief Executive Officer at NEARSPACE EDUCATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at NEARSPACE EDUCATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are NEARSPACE EDUCATION INC's revenue and expenses?

In 2024, NEARSPACE EDUCATION INC reported $1.1M in total revenue and $579k in total expenses on its IRS Form 990.

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