ESTABLISHED AS CHARTER SCHOOL OPERATOR IN DISTRICT SCHOOL BOARDS OF MIAMI-DADE, BROWARD COUNTY, PALM BEACH COUNTY, DUVAL COUNTY, ST. LUCIE COUNTY, AND TEXAS STATE BOARD OF EDUCATION. SOMERSET ACADEMY, INC. IS DEDICATED TO PROVIDING EQUITABLE, HIGH-QUALITY EDUCATION FOR ALL STUDENTS, AND PROMOTES A CULTURE THAT MAXIMIZES STUDENT ACHIEVEMENT AND FOSTERS THE DEVELOPMENT OF ACCOUNTABLE, 21ST CENTURY LEARNERS IN A SAFE AND ENRICHING ENVIRONMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 49 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Florida.
- Base
- $238k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $216k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $203k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $159k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $238k | — | — | — | $238k $263k |
Employee Highest Compensated Employee 75th to 90th percentile | $216k | — | — | — | $216k $238k |
Vice-president 75th to 90th percentile | $203k | — | — | — | $203k $224k |
Employee Highest Compensated Employee Median to 75th percentile | $161k | — | — | — | $161k $177k |
Employee Highest Compensated Employee Median to 75th percentile | $161k | — | — | — | $161k $177k |
Employee Highest Compensated Employee Median to 75th percentile | $159k | — | — | — | $159k $175k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $149k $164k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $145k $160k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $142k $157k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $140k $154k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $137k $150k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $136k $150k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $133k $146k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $126k $139k |
Employee Highest Compensated Employee 25th percentile to median | — | — | — | — | $124k $137k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $121k $133k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $118k $130k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $117k $129k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $117k $129k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $116k $128k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $116k $127k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $115k $127k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $113k $124k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $113k $124k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $113k $124k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $111k $122k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $111k $122k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $109k $120k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $108k $119k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $108k $119k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $108k $118k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $107k $118k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $117k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $117k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $117k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $116k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $106k $116k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $105k $116k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $105k $115k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $104k $114k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $103k $113k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $103k $113k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $102k $112k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $101k $112k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $101k $111k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $101k $111k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $101k $111k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $100k $111k |
Employee Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $100k $111k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at SOMERSET ACADEMY INC equaled 0.1% 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 5%
from 2022
From $227k in 2022 to $238k in 2023.
Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 34%.
- Highest Compensated Employee pay rose 18% from 2022 to 2023.
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 SOMERSET ACADEMY INC
What does the Chief Executive Officer of SOMERSET ACADEMY INC earn?
In 2023, the Chief Executive Officer of SOMERSET ACADEMY INC received $238,303 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SOMERSET ACADEMY INC compare with similar nonprofits?
Compared with the same role at Education organizations in Florida, the 2023 pay of the Chief Executive Officer at SOMERSET ACADEMY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at SOMERSET ACADEMY INC equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
What are SOMERSET ACADEMY INC's revenue and expenses?
In 2023, SOMERSET ACADEMY INC reported $498.4M in total revenue and $378.6M in total expenses on its IRS Form 990.
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