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Filing year 2023

PRIME FACTOR

Kirkland, Washington·EIN 27-3292905·NTEE B90 · Education·501(c)(3)
Total revenue
$345k
Total assets
$107k
Total expenses
$364k
Reported officers
7
Mission

The specific objectives and purposes of prime factor corporation are: - to foster the interest of students in math and science topics and ideas that lie beyond the boundaries of the school curriculum. - to design and develop new approaches to present advanced mathematical and scientific concepts in ways that are interesting and accessible to school-age children - to provide classes in advanced math, extracurricular math, creative thinking, and in other scientific topics for children whose needs may not be served at other educational places in the community. - cultivate a community of students and parents who advance the value of extracurricular mathematics as a tool to develop students creativity and interest in learning. - to help children prepare for careers in mathematics, science, or other highly qualified fields. - to help children become creative professionals capable of achieving the top levels in their respective fields of work and ready to apply their knowledge to serve the co

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

Lead Teacher
Officer (Unspecified)
$40k
$44k
Lead Teacher
Officer (Unspecified)
$34k
$38k
Director
Board Member
25th percentile to median
$17k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 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 PRIME FACTOR equaled 11% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
11%
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.

Down 10%
from 2022

From $44k in 2022 to $40k in 2023.

$44k
2022
$40k
2023
In today's dollarsEst.
Down 15% in real terms$52k to $44k

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

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 PRIME FACTOR

What does the Board Member of PRIME FACTOR earn?

In 2023, the Board Member of PRIME FACTOR received $17,430 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in Washington, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PRIME FACTOR compare with similar nonprofits?

Compared with the same role at Education organizations in Washington, the 2023 pay of the Board Member at PRIME FACTOR falls between the 25th percentile and the median. In 2023, the highest total compensation at PRIME FACTOR equaled 11% of the organization's total expenses. The median for education organizations is 7%.

What are PRIME FACTOR's revenue and expenses?

In 2023, PRIME FACTOR reported $345k in total revenue and $364k in total expenses on its IRS Form 990.

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