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PeerBasis
Compensation Comparability Determination

Heartworks Inc

Executive Director / CEO

EIN 205555551
NJ · NTEE O50
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Megan Mcdowell, Executive Director / CEO ($78,764) against every comparable organization that fit the selection criteria — 495 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 63rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Megan Mcdowell — reported title “CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

495 organizations qualified on sector, size, and geography 495 within the band form the benchmarked peer set.

Distribution of comparable compensation

$204 total compensation of comparable organizations → $233,756 $78,764
$17,78710th
$40,30425th
$68,418Median
$92,09875th
$110,85290th
$78,764This org · 63rd
p10$17,787
p25$40,304
p50$68,418
p75$92,098
p90$110,852
$78,764

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 NJ 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
Girls On The Run Of Greater MI$367,408 Executive Di $76,802 $91,410 2023
Rhode Island Strikers Fc RI$367,671 Vice President/treasurer $17,400 $18,687 2024
Encampment For Citizenship CA$367,995 Executive Director $67,560 $65,340 2024
Solid Foundation Youth Outreach Inc NJ$368,306 Executive Di $77,577 $77,577 2024
Taproot Inc IA$366,495 Director $92,500 $113,438 2024
Aguas Sagradas Inc CA$368,466 Director $63,700 $63,427 2023
10000 Kids Inc NV$368,605 President $72,000 $83,221 2023
Odyssey World Internationaleducation Services WA$369,402 President $11,753 $11,785 2024
We Can Now Inc TX$369,456 President $73,059 $84,271 2023
New Community Project Inc NY$370,800 Founder And Ceo $75,000 $75,906 2024
Core Creative Collective Inc LA$371,183 Board Member $103,536 $131,462 2023
African American Chamber Of San Joaquin Foundation CA$371,277 Ceo/director $69,805 $67,511 2024
Iconoclast Artists TX$363,414 Executive Director $60,000 $69,208 2023
Wonderfully Made Ministry For Girls TN$371,663 President $60,000 $70,638 2024
Own Your Future Outreach Inc NY$371,736 President $69,231 $72,137 2023
The Compass AK$362,975 Executive Dir. $78,000 $83,522 2024
Columbia Future Forge WA$372,115 Director Secretary $4,665 $4,816 2023
Lakevilla Township Baseball IL$372,353 President $180 $204 2023
Standard Of Athletics Association Inc TX$372,444 Executive Dir. $2,600 $2,999 2023
Black Child Development Institute - Atlanta Inc GA$362,176 President $42,000 $47,299 2024
Square Peg Ministries GA$373,100 Atlarge $82,466 $95,614 2023
Gilford Youth Center NH$373,452 Executive Director $85,638 $88,566 2024
Centershot Ministries Inc WI$373,512 Executive Di $81,390 $98,015 2023
See You At The Top OH$374,065 Curriculum Administrator $89,089 $108,805 2023
Youth Speak Out International Inc FL$360,637 Executive Director $100,547 $108,918 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ 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 NJ 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 default63rd
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted65th
All sources (D + E + F), adjusted62nd

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 (Megan Mcdowell) 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 495 similarly situated organizations (Same NTEE sector (O50), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $78,764 is reasonable (approximately the 63rd 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.