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Filing year 2023

VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS

Memphis, Tennessee·EIN 81-2796759·NTEE B29 · Education·501(c)(3)
Total revenue
$10M
Total assets
$6.6M
Total expenses
$9.3M
Reported officers
6
Mission

OUR MISSION IS TO OPERATE A NETWORK OF SCHOOLS AND PROVIDEPRODUCT DRIVEN SOLUTIONS THAT HELP SCHOOLS OPERATE MORE EFFICIENTLY SOTHAT THEY CAN PRIORITIZE THE CORE WORK OF EDUCATING STUDENTS.

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 Tennessee.

Chief Operating Officer
Median to 75th percentilevs Education peers nationwide
$171k
$187k
Base
$171k
Bonus
Other
Benefits
Chief Strategy Officer, Ch
Officer (Unspecified)
$164k
$179k
Base
$164k
Bonus
Other
Benefits
Executive Director
Median to 75th percentile
$155k
$169k
Base
$155k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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 13%
from 2022

From $151k in 2022 to $171k in 2023.

$151k
2022
$171k
2023
In today's dollarsEst.
Up 8% in real terms$173k to $187k

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

Pay for the position

Chief Operating Officer pay rose 15% from 2022 to 2023, while revenue rose 19%.

$149k in 2022 to $171k in 2023.
  • Chief Executive Officer pay rose 5% from 2022 to 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 VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS

What does the Chief Operating Officer of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS earn?

In 2023, the Chief Operating Officer of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS received $170,838 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Operating Officer at VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS falls between the median and the 75th percentile. In 2023, the highest total compensation at VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS's revenue and expenses?

In 2023, VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS reported $10M in total revenue and $9.3M in total expenses on its IRS Form 990.

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