THE NORFOLK ACADEMY IS A COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL THAT STRIVES TO ASSIST ITS STUDENTS TO DEVELOP MATURITY OF BODY, MIND, AND CHARACTER. WE HOPE TO ENGENDER AN AWARENESS AND APPRECIATION OF INTELLECTUAL, AESTHETIC, AND MORAL EXCELLENCE IN A SETTING THAT OFFERS WELL-DEVELOPED PROGRAMS, NOT ONLY IN THE ACADEMIC DISCIPLINES, BUT ALSO IN FINE ARTS AND ATHLETICS. WE AIM TO PREPARE STUDENTS TO BECOME USEFUL AND RESPONSIBLE CITIZENS OF A DEMOCRACY. WE STRIVE TO MAKE THEM AWARE OF THEIR ROLES IN CREATING A JUST SOCIETY. WE ARE COMMITTED TO THE SPIRITUAL AND ETHICAL VALUES OF THE JUDEO-CHRISTIAN HERITAGE AND ENVISION THAT THESE WILL BECOME A PART OF THE BEING OF EACH MEMEBER OF THE NORFOLK ACADEMY COMMUNITY. NORFOLK ACADEMY SEEKS TO OFFER A COORDINATED PROGRAM FOR STUDENTS, BUILDING AND EXPANDING ON KNOWLEDGE AND EXPERIENCE FROM GRADES ONE THROUGH TWELVE, ENCOURAGING RESPONSIBLE PARTICIPATION IN A VARIETY OF SCHOOL ACTIVITIES, PROVIDING OPPORTUNITIES FOR LEADERSHIP TRAINING
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $405k
- Bonus
- —
- Other
- $47k
- Benefits
- $15k
- Base
- $309k
- Bonus
- —
- Other
- $966
- Benefits
- $23k
- Base
- $249k
- Bonus
- —
- Other
- $403
- Benefits
- $21k
- Base
- $208k
- Bonus
- —
- Other
- $630
- Benefits
- $42k
- Base
- $191k
- Bonus
- —
- Other
- $3k
- Benefits
- $3k
- Base
- $161k
- Bonus
- —
- Other
- $516
- Benefits
- $39k
- Base
- $127k
- Bonus
- —
- Other
- $26k
- Benefits
- $36k
- Base
- $152k
- Bonus
- —
- Other
- $1k
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Headmaster (former) Officer (Unspecified) | $405k | — | $47k | $15k | $488k |
Assistant Head of School Officer (Unspecified) | $309k | — | $966 | $23k | $367k |
Head of School Officer (Unspecified) | $249k | — | $403 | $21k | $279k |
Assistant Head of School Highest Compensated Employee 75th to 90th percentile | $208k | — | $630 | $42k | $268k |
Associate Head of School Highest Compensated Employee 75th to 90th percentile | $191k | — | $3k | $3k | $219k |
Director, Lower School Highest Compensated Employee Median to 75th percentile | $161k | — | $516 | $39k | $210k |
Director, College Counseli Highest Compensated Employee Median to 75th percentile | $127k | — | $26k | $36k | $204k |
Director of Center for Lea Highest Compensated Employee 25th percentile to median | $152k | — | $1k | $2k | $172k |
Plus 28 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at The Norfolk Academy equaled 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.
Down 27%
from 2022
From $665k in 2022 to $488k in 2023.
Highest Compensated Employee pay rose 4% from 2022 to 2023, while revenue rose 10%.
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 The Norfolk Academy
What does the Highest Compensated Employee of The Norfolk Academy earn?
In 2023, the Highest Compensated Employee of The Norfolk Academy received $267,564 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Education organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at The Norfolk Academy compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Highest Compensated Employee at The Norfolk Academy falls between the 75th and 90th percentiles. In 2023, the highest total compensation at The Norfolk Academy equaled 1% of the organization's total expenses. The median for education organizations is 7%.
What are The Norfolk Academy's revenue and expenses?
In 2023, The Norfolk Academy reported $36.5M in total revenue and $39.9M in total expenses on its IRS Form 990.
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