OUR CENTRAL AND ONLY WORK IS TO TEACH AND INSPIRE THE MIND, BODY AND SPIRIT OF OUR CHILDREN SO THAT THEY CAN SUCCEED IN ANY ACADEMIC OR CULTURAL SETTING. PROMISE ACADEMY IS COMMITTED TO PREPARING CHILDREN TO EXCEL IN THE NATION'S MOST REGOROUS SCHOOLS.
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 Tennessee.
- Base
- $152k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief of Accountability Highest Compensated Employee 25th percentile to median | $152k | — | — | — | $152k $165k |
Chief of Technology Highest Compensated Employee Below 10th percentile | — | — | — | — | $101k $110k |
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 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at PROMISE ACADEMY INC equaled 3% 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.
Up 6%
from 2022
From $143k in 2022 to $152k in 2023.
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.
Highest Compensated Employee pay rose 6% from 2022 to 2023, while revenue fell 1%.
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 PROMISE ACADEMY INC
What does the Highest Compensated Employee of PROMISE ACADEMY INC earn?
In 2023, the Highest Compensated Employee of PROMISE ACADEMY INC received $151,536 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Tennessee, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at PROMISE ACADEMY INC compare with similar nonprofits?
Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Highest Compensated Employee at PROMISE ACADEMY INC falls between the 25th percentile and the median. In 2023, the highest total compensation at PROMISE ACADEMY INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are PROMISE ACADEMY INC's revenue and expenses?
In 2023, PROMISE ACADEMY INC reported $5.3M in total revenue and $5.6M in total expenses on its IRS Form 990.
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