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Filing year 2023

THE INDEPENDENT DAY SCHOOL INC

Middlefield, Connecticut·EIN 06-6012653·NTEE B240 · Education·501(c)(3)
Total revenue
$4.1M
Total assets
$5.6M
Total expenses
$4.6M
Reported officers
15
Mission

IDS STUDENTS GROW INTO INDEPENDENT, ORIGINAL, AND COLLABORATIVE THINKERS WHO AREN'T CONFINED TO EXAMINING THINGS IN CONVENTIONAL WAYS. WE PREPARE STUDENTS TO LEAD FULFILLING LIVES IN A WORLD THAT WILL REQUIRE THEM TO BE INTELLECTUALLY READY AND DISTINCTIVELY SKILLED TO ADDRESS CHALLENGES, SOLVE PROBLEMS, AND INVENT NEW APPROACHES. AT IDS, WE WORK TO REMOVE FEAR FROM THE EQUATION. EXPLORING INTERESTS AND CURIOSITIES IS ENCOURAGED. THE RESULT IS PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL STUDENTS WHO ARE FEARLESS AT SCHOOL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

Head of School
Officer (Unspecified)
$178k
$199k
Base
$178k
Bonus
Other
Benefits
Assistant Head of School
Officer (Unspecified)
$108k
$120k
Director of Finance
10th to 25th percentile
$93k
$103k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE INDEPENDENT DAY SCHOOL INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
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.

Up 27%
from 2022

From $140k in 2022 to $178k in 2023.

$140k
2022
$178k
2023
In today's dollarsEst.
Up 22% in real terms$162k to $199k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 143% from 2022 to 2023, while revenue fell 12%.

$38k in 2022 to $93k in 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 THE INDEPENDENT DAY SCHOOL INC

What does the Chief Financial Officer of THE INDEPENDENT DAY SCHOOL INC earn?

In 2023, the Chief Financial Officer of THE INDEPENDENT DAY SCHOOL INC received $92,500 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among Education organizations in Connecticut, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at THE INDEPENDENT DAY SCHOOL INC compare with similar nonprofits?

Compared with the same role at Education organizations in Connecticut, the 2023 pay of the Chief Financial Officer at THE INDEPENDENT DAY SCHOOL INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at THE INDEPENDENT DAY SCHOOL INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are THE INDEPENDENT DAY SCHOOL INC's revenue and expenses?

In 2023, THE INDEPENDENT DAY SCHOOL INC reported $4.1M in total revenue and $4.6M in total expenses on its IRS Form 990.

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