Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Carter Nursery School Inc

Executive Director / CEO

EIN 043097469
MA · NTEE B21Z
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Holly Casey, Executive Director / CEO ($63,900) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 59th percentile of comparable organizationswithin the typical range

Benchmarked executive: Holly Casey — reported title “School director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$23,871 total compensation of comparable organizations → $109,755 $63,900
$40,68810th
$46,14425th
$53,862Median
$68,40975th
$73,97590th
$63,900This org · 59th
p10$40,688
p25$46,144
p50$53,862
p75$68,409
p90$73,975
$63,900

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to MA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Sheldonville Community Center Inc MA$248,086 Exec Director $47,132 $45,780 2024
Family Cooperative Preschool Inc MA$243,159 School Direc $47,507 $46,144 2024
Garden Nursery School Inc MA$294,045 Director $77,142 $77,142 2023
St Paul's Weekday Nursery School Inc MA$213,947 Nursery School Director $40,000 $37,851 2025
Norwood Christian Preschool Inc MA$304,996 President $49,701 $47,031 2025
Ashmont Nursery School Inc MA$306,025 Executive Di $70,430 $68,409 2024
Sunshine School Inc MA$205,523 President $56,920 $53,862 2025
Norwood Cooperative Nursery School Inc MA$200,772 Executive Director $50,164 $48,725 2024
Community Farm School Inc MA$327,842 Clerk $24,576 $23,871 2024
St Paul's Church Nursery School Inc MA$173,456 Executive Director & Head Teacher $73,987 $71,864 2024
Harborlight Nursery School Inc MA$350,619 Executive Director $73,000 $70,906 2024
Community Nursery School Of Wayland MA$350,992 Registrar $44,998 $42,580 2025
Massachusetts Head Start Association Inc MA$353,945 Executive Director $112,997 $109,755 2024
Hancock Nursery School Inc MA$372,688 Executive Di $57,753 $54,650 2025
Wilbraham Community Preschool MA$380,140 President $65,958 $64,066 2024
Fieldstone Early Learning MA$382,370 President $70,012 $66,250 2025
Parents Of Rockhill Inc MA$384,487 Vice Princip $46,939 $46,939 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MA cost of living and 2023 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to MA cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default59th
Total compensation (D + F), as reported (no adjustments)59th
Reportable pay only (column D), adjusted65th
All sources (D + E + F), adjusted59th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Holly Casey) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 17 similarly situated organizations (Same NTEE sector (B21) + MA + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $63,900 is reasonable (approximately the 59th percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.