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Education · NC

Falls Lake Academy

Falls Lake Academy's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $129,990 for Joey Johnson, Executive Director (FY 2024). Column F can include amounts from the filing and related organizations.

After indexing supported filing years to 2025 comparison dollars, the subject figure is $133,410. It is higher than the D + F figure for 63 of 290 peer organizations selected under the disclosed tier Same NTEE sector (B29), nationwide + size band 0.77–1.3× revenue (approximately 22%; median $168,643). This is descriptive, not a reasonableness conclusion.

$13,682,611Total revenue (FY 2024)
$129,990Reported Part VII D + F figure
63 / 290Selected peers with a strictly lower 2025-dollar figure (approximately 22%)

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Review the selected comparables for Falls Lake Academy, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.

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Selected peer organizations

Actual selection tier: Same NTEE sector (B29), nationwide + size band 0.77–1.3× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.

OrganizationStateRevenueD + F (2025 dollars)
Global Leadership Academy Cs Southwest A PA$13,641,999 $337,581
Legacy Traditional School - Chandler AZ$13,770,962 $111,724
Elm City College Preparatory Inc CT$13,776,475 $158,131
Options Schools Inc IN$13,575,492 $202,690
Entheos Academy UT$13,551,020 $156,434
Perseus House Charter School PA$13,814,847 $118,627
Discovery Charter School PA$13,831,189 $148,077
Dr Lena Edwards Academic Charter School NJ$13,839,784 $150,480

View the organization record and available filings on ProPublica