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Filing year 2024

WELKER EDUCATIONAL SCHOLARSHIP FUND

Billings, Montana·EIN 51-0157280·NTEE B820 · Education·501(c)(3)
Total revenue
$59k
Total assets
$1.5M
Total expenses
$86k
Reported officers
1
Mission

TO PROVIDE FUNDS TO ST. VRAIN VALLEY SCHOOL DISTRICT RE-1J FOR COLLEGE SCHOLARSHIPS AND LOANS

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 nationwide.

Trustee
Board Member
25th percentile to median
$21k
$23k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WELKER EDUCATIONAL SCHOLARSHIP FUND equaled 25% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
25%
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 2023

From $21k in 2023 to $21k in 2024.

$21k
2023
$21k
2024
In today's dollarsEst.
Up 1% in real terms$22k to $23k

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

Pay for the position

Board Member pay rose 3% from 2023 to 2024, while revenue fell 40%.

$21k in 2023 to $21k 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.
Financial trend

Revenue and expenses over time

WELKER EDUCATIONAL SCHOLARSHIP FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$97k
$60k
2023
$59k
$86k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Montana

Comparable education organizations in Montana pay their highest-earning executive a median of $56,452.

25th percentile
$20k
Median
$56,452
75th percentile
$89k
90th percentile
$154k

These are education sector-wide figures, not this organization's reported pay. Based on 118 organizations across 118 filings (2022 – 2024).

See full Education pay data for Montana
FAQ

Common questions about WELKER EDUCATIONAL SCHOLARSHIP FUND

What does the Board Member of WELKER EDUCATIONAL SCHOLARSHIP FUND earn?

In 2024, the Board Member of WELKER EDUCATIONAL SCHOLARSHIP FUND received $21,200 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WELKER EDUCATIONAL SCHOLARSHIP FUND compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Member at WELKER EDUCATIONAL SCHOLARSHIP FUND falls between the 25th percentile and the median. In 2024, the highest total compensation at WELKER EDUCATIONAL SCHOLARSHIP FUND equaled 25% of the organization's total expenses. The median for education organizations is 7%.

What are WELKER EDUCATIONAL SCHOLARSHIP FUND's revenue and expenses?

In 2024, WELKER EDUCATIONAL SCHOLARSHIP FUND reported $59k in total revenue and $86k in total expenses on its IRS Form 990.

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