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PeerBasis
Compensation Comparability Determination

Class Education Inc

Executive Director / CEO

EIN 205779302
IN · NTEE B90
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Jeffrey Pedersen, Executive Director / CEO ($80,000) against every comparable organization that fit the selection criteria — 443 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 77th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

443 organizations qualified on sector, size, and geography 443 within the band form the benchmarked peer set.

Distribution of comparable compensation

$10 total compensation of comparable organizations → $426,239 $80,000
$13,33510th
$32,88525th
$54,589Median
$75,23775th
$102,95790th
$80,000This org · 77th
p10$13,335
p25$32,885
p50$54,589
p75$75,237
p90$102,957
$80,000

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 IN cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Inspired Communites FoundationAR $320,632$32,609 990
Accelerated College Experiences IncMA $319,060$84,360 990
Redapple Learning CampusNC $318,876$92,102 990
Kura Labs IncNY $321,500$217,790 990
Rp Afterschool Program IncNJ $318,599$55,032 990
School Discovery NetworkTX $318,228$65,700 990
Blockchain Acceleration FoundationCA $318,194$43,531 990
The Appalachian Reading Center IncWV $322,410$72,296 990
Islands' Oil Spill AssociationWA $322,423$3,610 990
Co-alasCO $322,886$52,849 990
Abukloi FoundationVA $317,014$35,349 990
Project Write Now IncNJ $323,227$39,361 990
Empower4lifemd IncMD $323,313$11,792 990
Chess & Community IncGA $316,662$29,449 990
Marshmallow MindsCA $324,319$54,374 990
Scitech2u IncMD $324,596$38,970 990
National Character Education FoundationPA $315,250$45,674 990
Bookwallah OrganizationIL $314,445$103,312 990
Better Learning IncFL $314,284$82,267 990
Patterson School Foundation IncNC $313,863$54,313 990
Center For Student Legal ServicesOH $313,771$49,885 990
Leap Of Faith LearningAZ $313,677$46,313 990
Silver Canady Charitable Collective IncMD $313,446$65,870 990
The Academy Of Senior HealthOH $312,870$182,194 990
Asset Builders Of America IncWI $312,794$114,411 990

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 IN 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 default77th
Total compensation (D + F), as reported (no adjustments)74th
Reportable pay only (column D), adjusted79th
All sources (D + E + F), adjusted72nd

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 (Jeffrey Pedersen) 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 443 similarly situated organizations (Same NTEE sector (B90), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $80,000 is reasonable (approximately the 77th 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). 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.