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PeerBasis
Compensation Comparability Determination

Wa Nam Buddhist Association

Executive Director / CEO

EIN 263597067
CA · NTEE X50
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mingtsung Sik, Executive Director / CEO ($8,400) against every comparable organization that fit the selection criteria — 605 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: Mingtsung Sik — reported title “CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

605 organizations qualified on sector, size, and geography 605 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $548,088 $8,400
$8,87610th
$23,63125th
$41,859Median
$69,86675th
$106,78190th
$8,400This org · 9th
p10$8,876
p25$23,631
p50$41,859
p75$69,866
p90$106,781
$8,400

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
Middle Eastern Missionary Organization OR$127,137 Exec Director/president $56,400 $60,656 2024
Tandem Spirituality NC$127,979 President $93,203 $111,527 2024
Thriving Inc PA$126,507 President $2,000 $2,310 2024
Movement Day Greater Dallas TX$128,186 Executive Dir. $21,300 $24,675 2024
Heart Of A Child Ministries Inc NE$126,478 President $55,100 $68,631 2024
Centro Cristiano Familia De Fe Inc NY$128,247 Pastor President $23,598 $24,695 2024
Truth Alive Ministries MI$126,272 Director $40,530 $49,877 2023
Vital Families Inc TN$126,266 President $100,009 $118,602 2025
Miracle Valley Praise And Worship Center Inc FL$126,211 Pastor/director $18,903 $20,565 2024
Gifting Grace Project Inc LA$128,483 Director $36,038 $47,312 2023
Capilla De Gracia CA$128,712 President $600 $618 2023
Knowing Jesus Ministries VA$125,837 President $25,020 $28,803 2023
Sola Network Inc CA$125,608 Cfo $2,371 $2,371 2024
Journey Church Inc MN$125,278 President $40,300 $47,477 2023
Great Grace Ministries Inc ID$125,155 President $52,949 $65,230 2024
Neshama Center CO$129,519 Executive Director $199,331 $227,886 2023
Ken Petty Ministries IL$129,539 President $10,792 $12,287 2024
Worship Jesus Fellowship Inc FL$129,556 Pastor $35,157 $39,377 2023
Hallstrom Homeschool Workshops Inc IL$124,911 Athletics Director $750 $832 2025
Global Opportunities For Christinc VA$129,833 President $6,000 $6,709 2024
Baptist Youth Mission WY$124,799 President $26,400 $33,706 2023
Faith House Inc NY$129,977 President $40,000 $43,095 2023
Tc4 Inc NY$124,592 President $22,200 $23,232 2024
International Islamic University Of Minnesota MN$124,315 President $14,000 $16,020 2024
Network 7 Media Center Inc TN$124,282 President $36,617 $44,574 2024

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 default9th
Total compensation (D + F), as reported (no adjustments)11th
Reportable pay only (column D), adjusted17th
All sources (D + E + F), adjusted8th

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 (Mingtsung Sik) 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 605 similarly situated organizations (Same NTEE major group (X), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $8,400 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.