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Filing year 2023

PROSPECT SCHOOLS INC

Brooklyn, New York·EIN 33-1174065·NTEE B122 · Education·501(c)(3)
Total revenue
$10.7M
Total assets
$5.2M
Total expenses
$11.2M
Reported officers
17
Mission

TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO THE BROOKLYN PROSPECT CHARTER SCHOOL AND OTHER POTENTIAL SCHOOLS IN ITS NETWORK AND TO RAISE FUNDS IN SUPPORT OF NEW YORK CHARTER SCHOOLS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Chief Executive Officer
75th to 90th percentile
$333k
$374k
Base
$315k
Bonus
Other
Benefits
$5k
Chief Financial Officer
75th to 90th percentile
$265k
$298k
Base
$220k
Bonus
Other
Benefits
$36k
Chief Operating Officer
75th to 90th percentile
$252k
$283k
Base
$205k
Bonus
Other
Benefits
$38k
Chief of Staff
Officer (Unspecified)
$229k
$257k
Base
$193k
Bonus
Other
Benefits
$27k
Chief People Officer
Officer (Unspecified)
$218k
$245k
Base
$199k
Bonus
Other
Benefits
$12k
Sr. Dir. of School Operations
Highest Compensated Employee
25th percentile to median
$174k
$195k
Base
$139k
Bonus
Other
Benefits
$31k
Deputy Chief of Schools
Highest Compensated Employee
25th percentile to median
$174k
$195k
Base
$157k
Bonus
Other
Benefits
$10k
Sr. Dir. of Teaching & Learning
Highest Compensated Employee
25th percentile to median
$167k
$187k
Base
$160k
Bonus
Other
Benefits
Sr. Dir. of of New Schools & Leaders
Highest Compensated Employee
25th percentile to median
$161k
$181k
Base
$147k
Bonus
Other
Benefits
$8k
Sr. of Dir. Communications
Highest Compensated Employee
25th percentile to median
$151k
$170k
Base
$133k
Bonus
Other
Benefits
$13k
Chief Academic Officer
Officer (Unspecified)
$140k
$157k
Former Chief Academic Officer
Former Officer/director/trustee
25th percentile to median
$134k
$150k
Base
$49k
Bonus
$3k
Other
$75k
Benefits
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PROSPECT SCHOOLS INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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 4%
from 2022

From $322k in 2022 to $333k in 2023.

$322k
2022
$333k
2023
In today's dollarsEst.
Roughly flat in real terms$375k to $374k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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 4% from 2022 to 2023, while revenue rose 18%.

$322k in 2022 to $333k in 2023.
  • Chief Financial Officer pay rose 4% from 2022 to 2023.
  • Chief Operating Officer pay fell 4% 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 PROSPECT SCHOOLS INC

What does the Chief Executive Officer of PROSPECT SCHOOLS INC earn?

In 2023, the Chief Executive Officer of PROSPECT SCHOOLS INC received $332,989 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PROSPECT SCHOOLS INC compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2023 pay of the Chief Executive Officer at PROSPECT SCHOOLS INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at PROSPECT SCHOOLS INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are PROSPECT SCHOOLS INC's revenue and expenses?

In 2023, PROSPECT SCHOOLS INC reported $10.7M in total revenue and $11.2M in total expenses on its IRS Form 990.

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