Education · NJ
New Life Development Corporation
New Life Development Corporation reported paying Carolyn Farrar, Administrator, $47,000 in total compensation (FY 2024).
That places Carolyn Farrar at approximately the 20th percentile among 459 similarly sized education nonprofits (median $85,922).
$648,210Total revenue (FY 2024)
$47,000Total executive compensation
20thPercentile vs. peers
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Generate a board-ready comparability report for New Life Development Corporation — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable education nonprofits
Compensation is normalized to NJ cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Higher Ground At Lake Louise | MI | $647,612 | $9,063 |
| Beacon House Inc | MD | $649,176 | $67,154 |
| Butler & Warren County Electrical | OH | $649,285 | $175,069 |
| Ruth's Reusable Resources | ME | $649,610 | $69,921 |
| Spring Educational Services Inc | GA | $649,992 | $101,543 |
| The Acnm Foundation Inc | MA | $650,371 | $111,909 |
| Repair The Breach Ministries | TX | $645,995 | $61,272 |
| Achieve Now | PA | $644,338 | $106,655 |