NEWARK ACADEMY WILL CONTRIBUTE TO SOCIETY THOUGHTFUL AND COMPASSIONATE CITIZENS WHO EMBRACE THEIR RESPONSIBILITIES AS ETHICAL, INTELLECTUAL AND CIVIC STEWARDS IN THE GLOBAL ENVIRONMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.
- Base
- $648k
- Bonus
- —
- Other
- —
- Benefits
- $34k
- Base
- $314k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $219k
- Bonus
- —
- Other
- —
- Benefits
- $21k
- Base
- $223k
- Bonus
- —
- Other
- —
- Benefits
- $1k
- Base
- $167k
- Bonus
- —
- Other
- —
- Benefits
- $35k
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Board Member/head of School Officer (Unspecified) | $648k | — | — | $34k | $748k $839k |
Director of Business & Fin Highest Compensated Employee 75th to 90th percentile | $314k | — | — | $28k | $379k $425k |
Chief Advancement Officer Highest Compensated Employee Median to 75th percentile | $219k | — | — | $21k | $252k $282k |
Middle School Principal Highest Compensated Employee Median to 75th percentile | $223k | — | — | $1k | $250k $280k |
Chief Strategy Officer Highest Compensated Employee Median to 75th percentile | $167k | — | — | $35k | $221k $248k |
Principal Highest Compensated Employee Median to 75th percentile | $161k | — | — | $14k | $185k $207k |
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 25 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NEWARK ACADEMY 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.
Up 4%
from 2022
From $718k in 2022 to $748k in 2023.
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.
Highest Compensated Employee pay rose 4% from 2022 to 2023, while revenue rose 11%.
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 NEWARK ACADEMY
What does the Highest Compensated Employee of NEWARK ACADEMY earn?
In 2023, the Highest Compensated Employee of NEWARK ACADEMY received $378,996 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Education organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at NEWARK ACADEMY compare with similar nonprofits?
Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Highest Compensated Employee at NEWARK ACADEMY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NEWARK ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are NEWARK ACADEMY's revenue and expenses?
In 2023, NEWARK ACADEMY reported $44.4M in total revenue and $39.6M in total expenses on its IRS Form 990.
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Guides to help you understand and use this data
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