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Filing year 2023

THE MARITIME ACADEMY OF TOLEDO

Toledo, Ohio·EIN 20-1778861·501(c)(3)
Total revenue
$3.7M
Total assets
$4M
Total expenses
$4.2M
Reported officers
9
Mission

THE MISSION OF MARITIME ACADEMY OF TOLEDO, A TUITION FREE COMMUNITY SCHOOL, IS TO ENABLE EACH STUDENT TO PURSUE ACADEMIC EXCELLENCE AND DEVELOP POSITIVE CHARACTER TRAITS IN AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS INDIVIDUAL HANDS ON, LIFE BASED LEARNING, AUTHENTIC ASSESSMENT, AND CHARACTER FORMATION, A SAFE HEALTHY LEARNING ENVIRONMENT THAT SUPPORTS THE MISSION AND IS COMMITTED TO DEVELOPING STRONG PARTNERSHIPS WITH FAMILIES.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Vice Chairma
Board Vice Chair
10th to 25th percentile
$2k
$2k
Chairman
Board Chair
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 2 unpaid individuals.

Pay for the position

Board Vice Chair pay rose 37% from 2022 to 2023, while revenue fell 15%.

$2k in 2022 to $2k in 2023.
  • Board Chair pay rose 33% from 2022 to 2023.
  • Board Member pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

THE MARITIME ACADEMY OF TOLEDO reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.4M
$4.3M
2022
$3.7M
$4.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE MARITIME ACADEMY OF TOLEDO

What does the Board Vice Chair of THE MARITIME ACADEMY OF TOLEDO earn?

In 2023, the Board Vice Chair of THE MARITIME ACADEMY OF TOLEDO received $2,225 in total compensation. This pay is in the bottom quarter for Board Vice Chair roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice Chair pay at THE MARITIME ACADEMY OF TOLEDO compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Vice Chair at THE MARITIME ACADEMY OF TOLEDO falls between the 10th and 25th percentiles.

What are THE MARITIME ACADEMY OF TOLEDO's revenue and expenses?

In 2023, THE MARITIME ACADEMY OF TOLEDO reported $3.7M in total revenue and $4.2M in total expenses on its IRS Form 990.

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