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PeerBasis
Compensation Comparability Determination

Science Of Mind Foundation Inc

Executive Director / CEO

EIN 270231514
CO · NTEE X12
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michael Schlut, Executive Director / CEO ($46,071) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 47th percentile of comparable organizationswithin the typical range

Benchmarked executive: Michael Schlut — reported title “DIR. OF PHIL”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,650 total compensation of comparable organizations → $172,536 $46,071
$16,09910th
$25,49625th
$54,560Median
$77,10675th
$149,58690th
$46,071This org · 47th
p10$16,099
p25$25,496
p50$54,560
p75$77,106
p90$149,586
$46,071

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 CO 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
Dove's Nest Inc IN$419,717 Store Manager $57,536 $63,277 2024
Tanaka TX$395,736 President $24,440 $25,496 2024
Episcopal Preaching Foundation Inc NJ$376,767 Executive Director $85,000 $77,106 2025
Vital Seed Ministries International TX$366,014 Chairman/direct $21,955 $23,580 2023
7 Stages Discipleship Bridges TX$472,577 Chairman $54,000 $57,997 2023
Crossroads Fellowship Foundation NC$354,364 President $31,979 $34,460 2024
Wiseheart Foundation Inc TN$349,084 Director $154,818 $165,339 2025
High Street United Methodist Church IN$485,404 Treasurer $1,500 $1,650 2024
Thai Village Inc WI$489,280 Executive Director $25,200 $27,447 2024
Why Not Bless Inc TX$513,847 President/di $52,300 $54,560 2024
King Of Kings International Ministry Inc OK$311,758 Director/president $9,500 $11,232 2023
The Janaka Foundation CA$526,409 Executive Director & Secretary $21,480 $19,343 2024
Cornelius Connection International TX$526,924 Director $66,500 $69,373 2024
Orthodox Ministry Services PA$573,025 Secretary & Ceo $165,900 $172,536 2024
American European Bethel Mission CA$575,308 President $154,446 $139,084 2024
Del Camino Connection Nfp IL$602,673 Executive Director $85,000 $87,149 2024
Kingdom Builder Foundation CA$604,067 Executive Director $49,545 $44,617 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CO 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 CO 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 default47th
Total compensation (D + F), as reported (no adjustments)41st
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted71st

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 (Michael Schlut) 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 17 similarly situated organizations (Same NTEE sector (X12), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $46,071 is reasonable (approximately the 47th 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.