Skip to main content
Filing year 2023

NEW MILLENNIUM ACADEMY

Brooklyn Center, Minnesota·EIN 42-1625836·NTEE B20 · Education·501(c)(3)
Total revenue
$15.5M
Total assets
$10.5M
Total expenses
$14.1M
Reported officers
9
Mission

THE NEW MILLENNIUM ACADEMY (NMA) COMMUNITY PREPARES LEARNERS FOR LIFE, ENGAGES THEM IN HIGH ACADEMIC ACHIEVEMENT, AND FOSTERS HMONG CULTURAL PRIDE AND IDENTITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Executive Director
75th to 90th percentile
$178k
$195k
Base
$158k
Bonus
Other
Benefits
$9k
VP of Programs and Services
Board Vice President
25th percentile to medianvs Education peers nationwide
$140k
$152k
Director of Special Education
Highest Compensated Employee
10th to 25th percentile
$128k
$140k
Treasurer/teacher
Officer (Unspecified)
$88k
$96k
Member/teacher
Board Member
75th to 90th percentile
$75k
$82k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, 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 2023, the highest total compensation at NEW MILLENNIUM ACADEMY 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.

Down 4%
from 2022

From $185k in 2022 to $178k in 2023.

$185k
2022
$178k
2023
In today's dollarsEst.
Down 6% in real terms$208k to $195k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI 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 Executive Officer pay fell 4% from 2022 to 2023, while revenue rose 10%.

$185k in 2022 to $178k in 2023.
  • Highest Compensated Employee pay fell 4% from 2022 to 2023.
  • Board Member pay rose 31% 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 NEW MILLENNIUM ACADEMY

What does the Chief Executive Officer of NEW MILLENNIUM ACADEMY earn?

In 2023, the Chief Executive Officer of NEW MILLENNIUM ACADEMY received $178,427 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW MILLENNIUM ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at NEW MILLENNIUM ACADEMY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NEW MILLENNIUM ACADEMY equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are NEW MILLENNIUM ACADEMY's revenue and expenses?

In 2023, NEW MILLENNIUM ACADEMY reported $15.5M in total revenue and $14.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.