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Filing year 2023

The Colen Family Charitable Trust

Ocala, Florida·EIN 83-6802589·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$9.3M
Total assets
$211.6M
Total expenses
$6.6M
Reported officers
9
Mission

The Colen Family Charitable Trust exists to empower passionate learners capable of making the best decisions for themselves and for the society in which they live. The Colen Family Charitable Trust succeeds in this mission through its work with the Ina A. Colen Academy, providing quality education and materials to students K-8, as well as teachers and principals in public, independent and charter schools.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Principal
unclassified
$101k
$110k
Executive Dir
officer (unspecified)
$90k
$98k
Base
$83k
Bonus
$2k
Other
$2k
Benefits
$200
Controller
unclassified
$76k
$83k

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 6 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 23%
from 2022

From $82k in 2022 to $101k in 2023.

$82k
2022
$101k
2023
In today's dollarsEst.
Up 17% in real terms$94k to $110k

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

The Colen Family Charitable Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$18.3M
2022
$9.3M
$6.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Florida

Comparable philanthropy, voluntarism & grantmaking organizations in Florida pay their highest-earning executive a median of $20,324.

25th percentile
$8k
Median
$20,324
75th percentile
$54k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 379 organizations across 379 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Florida
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