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Filing year 2023

THE GALAX FOUNDATION FOR EXCELLENCE IN EDUCATION

Galax, Virginia·EIN 54-1430294·NTEE B82Z · Education·3
Total revenue
$272k
Total assets
$4.5M
Total expenses
$160k
Reported officers
16
Mission

EDUCATIONAL ASSISTANCE FOR GALAX, VA PUBLIC SCHOOL STUDENTS

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base salaryExecutive compensation
Secretary/treasurer
officer (unspecified)
$12k
$13k

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 15 unpaid individuals.

Browse compensation in Education

Held steady
from 2022

From $12k in 2022 to $12k in 2023.

$12k
2022
$12k
2023
In today's dollarsEst.
Down 4% in real terms$14k to $13k

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 GALAX FOUNDATION FOR EXCELLENCE IN EDUCATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$539k
$163k
2022
$272k
$160k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $87,114.

25th percentile
$42k
Median
$87,114
75th percentile
$190k
90th percentile
$353k

These are education sector-wide figures, not this organization's reported pay. Based on 738 organizations across 738 filings (2021 – 2024).

See full Education pay data for Virginia
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