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Filing year 2023

THE SCHOLARSHIP ACADEMY INC

Atlanta, Georgia·EIN 20-3721836·NTEE B82 · Education·501(c)(3)
Total revenue
$1.6M
Total assets
$1.2M
Total expenses
$1M
Reported officers
9
Mission

The Scholarship Academy, Inc. (the Academy), founded in 2006, is a private District of Columbia nonprofit corporation dedicated to helping lowincome students secure resources to pursue higher education opportunities with minimum debt to create healthier financial aid cultures. The Academy offers a 16-module course to high schools and youth-serving organizations to support students with navigating the financial aid process.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Dir.
Board Member
Above 90th percentile
$121k
$130k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE SCHOLARSHIP ACADEMY INC equaled 12% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
12%
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 3%
from 2022

From $118k in 2022 to $121k in 2023.

$118k
2022
$121k
2023
In today's dollarsEst.
Down 2% in real terms$133k to $130k

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 3% from 2022 to 2023, while revenue rose 67%.

$118k in 2022 to $121k 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 SCHOLARSHIP ACADEMY INC

What does the Board Member of THE SCHOLARSHIP ACADEMY INC earn?

In 2023, the Board Member of THE SCHOLARSHIP ACADEMY INC received $121,000 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Georgia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE SCHOLARSHIP ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Georgia, the 2023 pay of the Board Member at THE SCHOLARSHIP ACADEMY INC falls in the top 10%. In 2023, the highest total compensation at THE SCHOLARSHIP ACADEMY INC equaled 12% of the organization's total expenses. The median for education organizations is 7%.

What are THE SCHOLARSHIP ACADEMY INC's revenue and expenses?

In 2023, THE SCHOLARSHIP ACADEMY INC reported $1.6M in total revenue and $1M in total expenses on its IRS Form 990.

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