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Filing year 2023

ROBERT & JANICE MCNAIR EDUCATIONAL FOUNDATION

Forest City, North Carolina·EIN 58-1870080·3
Total revenue
$2.5M
Total assets
$40.1M
Total expenses
$3.2M
Reported officers
10
Mission

EDUCATIONAL ASSISTANCE TO RUTHERFORD COUNTY, NC STUDENTS.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

$158k
$173k
Base
$133k
Bonus
Other
Benefits
$18k
Board Member
board member
$53k
$58k

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 8 unpaid individuals.

Up 8%
from 2022

From $146k in 2022 to $158k in 2023.

$146k
2022
$158k
2023
In today's dollarsEst.
Up 3% in real terms$167k to $173k

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 reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ROBERT & JANICE MCNAIR EDUCATIONAL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$3.1M
2022
$2.5M
$3.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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