PeerBasis.org
Education · MN

Arete Academy

Arete Academy's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $72,549 for Maxwell S Melby, 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 $74,458. It is higher than the D + F figure for 50 of 72 peer organizations selected under the disclosed tier Same NTEE sector (B25), nationwide + size band 0.67–1.5× revenue (approximately 69%; median $59,704). This is descriptive, not a reasonableness conclusion.

$607,918Total revenue (FY 2024)
$72,549Reported Part VII D + F figure
50 / 72Selected peers with a strictly lower 2025-dollar figure (approximately 69%)

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Review the selected comparables for Arete 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 (B25), nationwide + size band 0.67–1.5× 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)
The Joseph School Inc TN$605,809 $58,856
Dolphin Scholarship Foundation VA$612,629 $98,108
Erie Preparatory Academy PA$614,738 $4,187
Crossroads School Inc CO$595,678 $49,510
Troy Center Inc IN$620,707 $65,077
The New School ME$621,790 $47,842
St Dunstan's Academy VA$624,731 $60,056
American Christian School & Art FL$628,286 $90,038

View the organization record and available filings on ProPublica