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Filing year 2023

PARNASSUS PREPARATORY SCHOOL

Maple Grove, Minnesota·EIN 27-1088745·NTEE B29 · Education·501(c)(3)
Total revenue
$18.5M
Total assets
$13.2M
Total expenses
$17.4M
Reported officers
6
Mission

THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A CLASSICAL EDUCATION, GROUNDED IN THE CLASSICAL TRIVIUM, THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 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
$207k
$227k
Base
$178k
Bonus
Other
Benefits
$14k
Director and Employee
Board Member
75th to 90th percentile
$88k
$96k

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 PARNASSUS PREPARATORY SCHOOL 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.

Up 21%
from 2022

From $171k in 2022 to $207k in 2023.

$171k
2022
$207k
2023
In today's dollarsEst.
Up 18% in real terms$192k to $227k

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 rose 21% from 2022 to 2023, while revenue rose 8%.

$171k in 2022 to $207k in 2023.
  • Board Member pay rose 9% 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 PARNASSUS PREPARATORY SCHOOL

What does the Chief Executive Officer of PARNASSUS PREPARATORY SCHOOL earn?

In 2023, the Chief Executive Officer of PARNASSUS PREPARATORY SCHOOL received $207,381 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 PARNASSUS PREPARATORY SCHOOL compare with similar nonprofits?

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

What are PARNASSUS PREPARATORY SCHOOL's revenue and expenses?

In 2023, PARNASSUS PREPARATORY SCHOOL reported $18.5M in total revenue and $17.4M in total expenses on its IRS Form 990.

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