NEW BEGINNINGS FAMILY ACADEMY PROVIDES ITS STUDENTS A MEANINGFUL, HIGH-QUALITY EDUCATION THROUGH EXPERIENCE-BASED LEARNING THAT HELPS DEVELOP ESSENTIAL SOCIAL, EMOTIONAL AND CRITICAL-THINKING SKILLS. THIS GIVES ALL CHILDREN A FOUNDATION TO ACHIEVE THEIR FULL POTENTIAL AT EVERY STAGE OF LIFE.
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 Connecticut.
- Base
- $172k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $13k
- Base
- $119k
- Bonus
- —
- Other
- —
- Benefits
- $32k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Median to 75th percentile | $172k | — | — | $26k | $197k $220k |
Chief Academic Officer Highest Compensated Employee 25th percentile to median | $150k | — | — | $13k | $163k $182k |
Upper School Principal Highest Compensated Employee 25th percentile to median | $119k | — | — | $32k | $152k $170k |
Lower School Principal Highest Compensated Employee 25th percentile to median | — | — | — | — | $147k $164k |
COO & CFO 25th percentile to median | — | — | — | — | $135k $151k |
Chief Development & Communications Officer 25th percentile to medianvs Education peers nationwide | — | — | — | — | $129k $144k |
Director Board Member Median to 75th percentile | — | — | — | — | $82k $91k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NEW BEGINNINGS FAMILY ACADEMY INC 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.
Down 3%
from 2022
From $203k in 2022 to $197k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 3% from 2022 to 2023, while revenue rose 24%.
- Highest Compensated Employee pay rose 10% from 2022 to 2023.
- Chief Financial Officer pay rose 1% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NEW BEGINNINGS FAMILY ACADEMY INC
What does the Chief Executive Officer of NEW BEGINNINGS FAMILY ACADEMY INC earn?
In 2023, the Chief Executive Officer of NEW BEGINNINGS FAMILY ACADEMY INC received $197,282 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Connecticut, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEW BEGINNINGS FAMILY ACADEMY INC compare with similar nonprofits?
Compared with the same role at Education organizations in Connecticut, the 2023 pay of the Chief Executive Officer at NEW BEGINNINGS FAMILY ACADEMY INC falls between the median and the 75th percentile. In 2023, the highest total compensation at NEW BEGINNINGS FAMILY ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are NEW BEGINNINGS FAMILY ACADEMY INC's revenue and expenses?
In 2023, NEW BEGINNINGS FAMILY ACADEMY INC reported $9.7M in total revenue and $8.3M in total expenses on its IRS Form 990.
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