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PeerBasis
Compensation Comparability Determination

The Opaline Fund

Executive Director / CEO

EIN 203895397
CA · NTEE T30
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Joy Sisisky, Executive Director / CEO ($50,736) against every comparable organization that fit the selection criteria — 22 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 64th percentile of comparable organizationswithin the typical range

Benchmarked executive: Joy Sisisky — reported title “TREASURER/ASST. SEC./DIREC”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

22 organizations qualified on sector, size, and geography 22 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,000 total compensation of comparable organizations → $296,033 $50,736
$9,43010th
$28,21125th
$43,275Median
$60,68875th
$158,91890th
$50,736This org · 64th
p10$9,430
p25$28,211
p50$43,275
p75$60,688
p90$158,918
$50,736

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 CA 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
Griffith Centers For Children CO$29,137 President/ceo $144,760 $160,749 2024
Norman And Judith Jo Kreiss Family Fdn CA$25,866 Treasurer $3,000 $3,000 2024
Tesomas Alumni Camping Trust WI$31,588 Scout Executive/secretary $41,309 $49,961 2024
Ncf Corporation FL$25,000 Former Director/president $42,642 $47,762 2023
Tena & Fred Oates Foundation SC$31,843 Secretary $245,029 $296,033 2024
Make A Difference Endowment Inc AL$24,472 President/ Executive Direc $182,459 $235,019 2023
Albi Fund Institute And Lab CA$24,309 President & Ceo (As Of 12/1/2024) $25,798 $25,798 2024
Anoka Hennepin Credit Union MN$33,076 Treasurer $39,821 $46,913 2023
Wagner Descendant's Foundation IL$33,620 Secretary $121,518 $142,437 2023
Zlotoff Family Support Foundation MI$34,634 Treasurer $26,189 $31,304 2024
Irving B Fine Family Foundation OH$20,344 Trustee & Treasurer Thru 5/4/2023 $40,331 $50,930 2023
Unc Health Rockingham NC$36,401 Director $47,207 $58,156 2023
Hope Church Endowment Fund MI$36,762 Director $50,000 $61,532 2023
Gershenson Family Support Foundation MI$37,876 Secretary/treasurer $26,189 $31,304 2024
Local 2222 Ibew Benevolent Fund Tr MA$38,181 President Trustee/ Retired 12/2023- Deceased $8,510 $9,117 2023
Shaevsky Family Foundation MI$38,406 Treasurer $26,189 $31,304 2024
Foundation Property Inc PA$38,813 President/ceo $23,750 $28,239 2023
Btcf Resources Inc MA$39,006 Interim President/ceo, Eff. 9/2024 $38,088 $39,637 2024
North Hudson Community Action Foundation Inc NJ$39,288 Director $3,399 $3,423 2025
Boston Charitable Trust Fund MA$39,359 Cfo, Collector-treasurer $27,099 $28,201 2024
Hudson Headwaters Health Foundation Inc NY$40,105 Ceo Of Hhhn & Ex Officio $86,967 $91,008 2024
Perlman Family Foundation Inc NJ$41,826 Secretary And Treasurer $11,500 $12,242 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA cost of living and 2024 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 CA 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 default64th
Total compensation (D + F), as reported (no adjustments)77th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted91st

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 (Joy Sisisky) 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 22 similarly situated organizations (Same NTEE sector (T30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $50,736 is reasonable (approximately the 64th 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.