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Filing year 2024

WEM SCHOLARSHIP INC

Larkspur, Colorado·EIN 84-3929667·NTEE B82 · Education·501(c)(3)
Total revenue
$152k
Total assets
$2.8M
Total expenses
$348k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Director
Unclassified
$44k
$47k
Treasurer
Board Treasurer
75th to 90th percentile
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, 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 WEM SCHOLARSHIP INC equaled 13% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
13%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$155k

Itemized grants

5

Median grant

$30k

RecipientLocationPurposeAmount
OUACHITA BAPTIST UNIVERSITYARKADELPHIA, ARSCHOLARSHIP$40k
MEHARRY MEDICAL COLLEGENASHVILLE, TNSCHOLARSHIP$40k
BERRY COLLEGEMOUNT BERRY, CASCHOLARSHP$30k
UNIVERSITY OF NORTH ALABAMAFLORENCE, ALSCHOLARSHIP$30k
COLLINWOOD HIGH SCHOOLCOLLIN WOOD, TNSCHOLARSHIP$15k
Compare this foundation's grantees

Up 38%
from 2023

From $32k in 2023 to $44k in 2024.

$32k
2023
$44k
2024
In today's dollarsEst.
Up 34% in real terms$35k to $47k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Treasurer pay held roughly steady from 2023 to 2024.

$20k in 2023 to $20k 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WEM SCHOLARSHIP INC

What does the Board Treasurer of WEM SCHOLARSHIP INC earn?

In 2024, the Board Treasurer of WEM SCHOLARSHIP INC received $20,000 in total compensation. This pay is in the top quarter for Board Treasurer roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at WEM SCHOLARSHIP INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Treasurer at WEM SCHOLARSHIP INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at WEM SCHOLARSHIP INC equaled 13% of the organization's total expenses. The median for education organizations is 7%.

What are WEM SCHOLARSHIP INC's revenue and expenses?

In 2024, WEM SCHOLARSHIP INC reported $152k in total revenue and $348k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.