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PeerBasis
Compensation Comparability Determination

Banner Learning Corp

Executive Director / CEO

EIN 261086124
FL · NTEE B25
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Eric Carlton, Executive Director / CEO ($68,604) against every comparable organization that fit the selection criteria — 49 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 65th percentile of comparable organizationswithin the typical range

Benchmarked executive: Eric Carlton — reported title “PRESIDENT/DIRECTOR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

49 organizations qualified on sector, size, and geography 49 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,914 total compensation of comparable organizations → $170,815 $68,604
$18,91810th
$34,81725th
$56,239Median
$75,09975th
$97,45090th
$68,604This org · 65th
p10$18,918
p25$34,817
p50$56,239
p75$75,099
p90$97,450
$68,604

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 FL 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
Lotts Creek Community School KY$375,955 President $24,480 $28,823 2023
Hx Chinese School At Plainsboro NJ$358,021 Trustee $4,000 $3,914 2023
Kinetic Bridges MO$355,361 Exec Dir Of Education $17,136 $19,320 2024
The Patrick School Inc NJ$403,755 President $45,000 $42,769 2024
Mesivta Meromei Tzvi Inc NJ$403,891 President $84,200 $80,025 2024
North Branch School Inc VT$406,253 Board Treasurer $48,631 $52,105 2024
Saint Sophia Hellenic Orthodox School UT$411,669 Director $88,059 $95,938 2024
Gold Star Private Academy Inc FL$414,915 Co-founder/i $53,484 $52,105 2025
Zion Academy UT$343,350 Teacher $51,391 $57,643 2023
Jewish Teen Learning Connectioninc CT$342,599 Executive Di $84,276 $84,113 2024
Fiat Classical Academy Inc IN$418,197 President $68,250 $74,640 2025
Js Bryant School Inc MA$423,940 Director (Thru 10/5/24) $50,000 $47,828 2024
New Song Mission Inc IN$424,399 Executive Director And Sec $42,375 $47,568 2024
Sunshine Alternative Education Cent NY$425,409 Ceo $43,550 $41,891 2024
Saint Andrews Academy Inc KY$321,409 Secretary $31,250 $34,817 2025
The Bridge Avenue School OH$319,490 Teacher $40,365 $44,337 2025
Yotzer Ohr Lakewood A Nj Nonprofit NJ$444,353 Trustee $24,923 $23,077 2025
Unlimited Dreams Christian Learning Center MS$314,000 Administrator/executive Director $33,000 $40,280 2023
Commonwealth Christian Academy Inc VA$308,169 President $19,000 $19,528 2024
Be Academy Of Steam TN$305,946 Principal $65,000 $72,730 2024
The Joseph School Inc TN$455,433 Executive Director $70,000 $80,638 2023
Heartland High School OH$460,595 Executive Di $40,192 $45,315 2024
Questa Middle School Inc FL$296,242 President $66,078 $66,078 2024
Oldham County Athletic Boosters Inc KY$295,877 Treasurer $4,800 $5,490 2024
Sphinx Academy Inc KY$464,773 Director Of Education $109,230 $121,700 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL 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 FL 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 default65th
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted71st
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 (Eric Carlton) 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 49 similarly situated organizations (Same NTEE sector (B25), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $68,604 is reasonable (approximately the 65th 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.