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Filing year 2023

POLARIS CHARTER ACADEMY

Chicago, Illinois·EIN 01-0874029·NTEE B24 · Education·501(c)(3)
Total revenue
$5.8M
Total assets
$2.7M
Total expenses
$6.1M
Reported officers
19
Mission

TO ORGANIZE AND OPERATE A CHARTER SCHOOL IN CHICAGO, IL AND ENGAGE IN OTHER EDUCATION ACTIVITIES PERMISSABLE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986.

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 Illinois.

Executive Director/member
Officer (Unspecified)
$243k
$269k
Base
$197k
Bonus
Other
Benefits
$15k
Principal
Highest Compensated Employee
25th percentile to median
$142k
$157k
Director of Finance & Operations
Median to 75th percentile
$137k
$152k
Director of Community Engagement
Highest Compensated Employee
25th percentile to median
$134k
$148k
Teacher
Highest Compensated Employee
25th percentile to median
$132k
$146k
Director of Program Development
25th percentile to medianvs Education peers nationwide
$126k
$140k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at POLARIS CHARTER ACADEMY equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
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 2%
from 2022

From $247k in 2022 to $243k in 2023.

$247k
2022
$243k
2023
In today's dollarsEst.
Down 5% in real terms$283k to $269k

Estimated with Chicago-Naperville-Elgin, IL-IN-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

Highest Compensated Employee pay rose 1% from 2022 to 2023, while revenue held roughly steady.

$141k in 2022 to $142k in 2023.
  • Chief Financial Officer pay fell 3% 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 POLARIS CHARTER ACADEMY

What does the Highest Compensated Employee of POLARIS CHARTER ACADEMY earn?

In 2023, the Highest Compensated Employee of POLARIS CHARTER ACADEMY received $142,009 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at POLARIS CHARTER ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Highest Compensated Employee at POLARIS CHARTER ACADEMY falls between the 25th percentile and the median. In 2023, the highest total compensation at POLARIS CHARTER ACADEMY equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are POLARIS CHARTER ACADEMY's revenue and expenses?

In 2023, POLARIS CHARTER ACADEMY reported $5.8M in total revenue and $6.1M in total expenses on its IRS Form 990.

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