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PeerBasis
Compensation Comparability Determination

Honorable Character

Executive Director / CEO

EIN 261582129
TX · NTEE B11
FY ending 2024-05-31
June 9, 2026

This analysis benchmarks the total compensation of Nancy Berman, Executive Director / CEO ($990) against every comparable organization that fit the selection criteria — 35 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 9th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Nancy Berman — reported title “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

35 organizations qualified on sector, size, and geography 35 within the band form the benchmarked peer set.

Distribution of comparable compensation

$208 total compensation of comparable organizations → $250,070 $990
$1,73010th
$4,45725th
$17,246Median
$37,52075th
$95,73290th
$990This org · 9th
p10$1,730
p25$4,457
p50$17,246
p75$37,520
p90$95,732
$990

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 TX 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
Cardinal Education Foundation Inc TX$64,486 President $16,005 $16,005 2024
Mbbs-us Inc CA$64,801 University President (Part Year) $38,809 $34,490 2023
Westerville Rotary Foundation OH$63,485 Treasurer $1,500 $1,588 2024
Maurice River Education Foundation NJ$62,775 Secretary $19,539 $16,990 2025
Eastern New Mexico University Ruidoso Foundation NM$66,380 Executive Director $62,602 $67,311 2024
Wood Colony Christian School CA$61,546 President $7,475 $6,643 2023
Bill And Vieve Gore Endowment Fund UT$67,313 Trustee $123,960 $130,576 2023
Denver Christian Schools Foundation Inc CO$67,909 Head Of School $17,985 $17,749 2023
Susquehanna University And PA$60,368 Trustee $30,266 $29,395 2025
Friends Of The San Rafael Public Library CA$60,014 Director $2,310 $1,942 2025
Mississippi 8 Conference MN$69,671 Executive Secretary $16,958 $17,246 2023
St Hope Endowment CA$58,061 Ceo $234 $208 2023
Berea College Leverage Lender Inc KY$57,546 President/as President Of Berea College/director $57,401 $63,471 2023
Charles Henry Leach Ii Fund For Duquesne University PA$57,036 Pres/director $134,644 $134,230 2024
Wilson Area Partners In Education Founda PA$57,003 Executive Director $29,446 $30,223 2023
The 506 Foundation Inc KS$73,052 Treasurer $3,600 $3,888 2024
Nymc - School Of Medicine Faculty NY$73,745 President, Ceo And Trustee $268,885 $250,070 2023
Junior Achievement Of Eastern Iowa IA$54,804 Authorized Agent $8,616 $9,431 2024
The Ivy Foundation VA$54,330 Executive Director $104,004 $103,354 2023
Schuylkill Valley Athletic Boosters Inc PA$75,214 Treasurer $599 $597 2024
Glen Ellyn Library Foundation IL$75,278 Development Dir $29,861 $29,348 2024
Barat Education Foundation IL$52,959 Treasurer $3,000 $2,873 2025
The Drost Family Foundation NY$52,606 Trustee $2,860 $2,659 2023
Wilmington Library Foundation Ii Inc DE$76,295 Executive Director $8,569 $8,635 2023
The Springfield Greene County Public MO$79,699 Develop. Dir $2,102 $2,226 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default9th
Total compensation (D + F), as reported (no adjustments)9th
Reportable pay only (column D), adjusted60th
All sources (D + E + F), adjusted6th

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 (Nancy Berman) 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 35 similarly situated organizations (Same NTEE sector (B11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $990 is reasonable (approximately the 9th 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.