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Filing year 2024

THE SHOP RAT FOUNDATION INC

Jackson, Michigan·EIN 38-3700259·NTEE B03 · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$1.1M
Total expenses
$395k
Reported officers
10
Mission

TO IGNITE INTEREST IN MANUFACTURING AND PROFESSIONAL TRADES CAREERS AMONG OUR NATION'S YOUTH THROUGH DEVELOPMENT OF INNOVATIVE EDUCATIONAL TOOLS, CURRICULUM AND OUTREACH PROGRAMS IN PARTNERSHIP WITH SCHOOLS, COMMUNITY GROUPS, COMPANIES AND INDUSTRY ASSOCIATIONS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
25th percentile to median
$90k
$96k

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 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE SHOP RAT FOUNDATION INC equaled 23% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
23%
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 21%
from 2023

From $74k in 2023 to $90k in 2024.

$74k
2023
$90k
2024
In today's dollarsEst.
Up 18% in real terms$82k to $96k

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.

Pay for the position

Chief Executive Officer pay rose 21% from 2023 to 2024, while revenue rose 381%.

$74k in 2023 to $90k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 SHOP RAT FOUNDATION INC

What does the Chief Executive Officer of THE SHOP RAT FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE SHOP RAT FOUNDATION INC received $89,687 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE SHOP RAT FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2024 pay of the Chief Executive Officer at THE SHOP RAT FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE SHOP RAT FOUNDATION INC equaled 23% of the organization's total expenses. The median for education organizations is 7%.

What are THE SHOP RAT FOUNDATION INC's revenue and expenses?

In 2024, THE SHOP RAT FOUNDATION INC reported $1.4M in total revenue and $395k in total expenses on its IRS Form 990.

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