Skip to main content
Filing year 2024

OTHA E HERRING SCHOLARS FUND I

Raleigh, North Carolina·EIN 75-6690165·NTEE B82 · Education·3
Total revenue
$223k
Total assets
$3.5M
Total expenses
$213k
Reported officers
7
Mission

PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Trustee
Board Member
25th percentile to median
$32k
$34k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OTHA E HERRING SCHOLARS FUND I equaled 15% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
15%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 68%
over 2 years

From $19k in 2022 to $32k in 2024.

$19k
2022
$30k
2023
$32k
2024
In today's dollarsEst.
Up 56% in real terms$22k to $34k

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

Pay for the position

Board Member pay rose 68% from 2022 to 2024, while revenue fell 72%.

$19k in 2022 to $32k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

OTHA E HERRING SCHOLARS FUND I reported revenue and expenses across 3 filing years.

RevenueExpenses
$794k
$194k
2022
$138k
$202k
2023
$223k
$213k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in North Carolina

Comparable education organizations in North Carolina pay their highest-earning executive a median of $98,060.

25th percentile
$53k
Median
$98,060
75th percentile
$172k
90th percentile
$317k

These are education sector-wide figures, not this organization's reported pay. Based on 365 organizations across 365 filings (2021 – 2023).

See full Education pay data for North Carolina
FAQ

Common questions about OTHA E HERRING SCHOLARS FUND I

What does the Board Member of OTHA E HERRING SCHOLARS FUND I earn?

In 2024, the Board Member of OTHA E HERRING SCHOLARS FUND I received $32,486 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at OTHA E HERRING SCHOLARS FUND I compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2024 pay of the Board Member at OTHA E HERRING SCHOLARS FUND I falls between the 25th percentile and the median. In 2024, the highest total compensation at OTHA E HERRING SCHOLARS FUND I equaled 15% of the organization's total expenses. The median for education organizations is 6%.

What are OTHA E HERRING SCHOLARS FUND I's revenue and expenses?

In 2024, OTHA E HERRING SCHOLARS FUND I reported $223k in total revenue and $213k 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.