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PeerBasis
Compensation Comparability Determination

Fvca Thrift Inc

Executive Director / CEO

EIN 271112121
WI · NTEE P29
FY ending 2023-12-31
June 10, 2026

This analysis benchmarks the total compensation of Sheila Wenzel, Executive Director / CEO ($30,000) against every comparable organization that fit the selection criteria — 50 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 32nd percentile of comparable organizationswithin the typical range

Benchmarked executive: Sheila Wenzel — reported title “EXECUTIVE DIRE”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

50 organizations qualified on sector, size, and geography 50 within the band form the benchmarked peer set.

Distribution of comparable compensation

$6,844 total compensation of comparable organizations → $81,693 $30,000
$19,08610th
$27,90725th
$41,294Median
$53,03475th
$71,28390th
$30,000This org · 32nd
p10$19,086
p25$27,907
p50$41,294
p75$53,034
p90$71,283
$30,000

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 WI 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
Green Scene Thrift PA$478,742 Store Manager $49,560 $45,966 2024
Pie In The Sky Community Alliance Inc FL$478,481 Senior Program Manager $48,000 $41,938 2024
Live Thankfully Little Rock AR$478,256 President $73,500 $76,838 2024
Mcb Thrift Stores Inc MO$475,454 Store Manage $47,840 $47,125 2024
Giving Tree Topeka Inc KS$483,958 Officer $36,131 $37,376 2023
The Thrift Shop Of Boston Inc MA$498,525 Manager $69,352 $57,961 2024
The Clubs Thrift Store Inc MN$498,598 Manager $50,609 $46,509 2024
Et Cetera Shop Of Hutchinson Inc KS$511,206 Mgr $38,952 $40,294 2023
Millies Mission Inc IN$512,464 Executive Di $27,447 $27,715 2023
Faithcentre PA$523,143 Executive Director $82,500 $76,517 2024
A Lot Of Good CA$427,768 President $96,326 $79,644 2023
North Texas Charities TX$425,180 Store Manager $74,077 $70,952 2023
Fort Myer Thrift Shop VA$424,301 Bookkeeper $21,665 $18,954 2025
St John's Christian Charity & MI$423,826 President/tr $85,100 $81,693 2024
Hope 4 Kids Inc FL$423,822 President $46,154 $41,516 2023
Middle Ga Sonrise Ministry Inc GA$534,264 Trustee $43,920 $41,072 2024
Community Family Services Inc PA$534,560 Treasurer $14,233 $13,201 2024
Shadow Box Nfp IL$411,548 President $54,590 $49,914 2024
Ruths House Inc MA$404,034 Executive Dir. $48,385 $40,438 2024
Troost Thrift Store Inc MO$402,310 President $12,490 $12,304 2024
Second Chances Thrift Inc OK$400,699 Director $62,250 $63,751 2024
Northland Ministerial Association TN$400,597 President $55,600 $54,355 2024
Et Cetera Shop Nfp IL$398,741 Executive Director $51,488 $48,468 2023
Lucky Dog Thrift Store ID$396,778 Executive Dir. $49,708 $49,180 2024
Manna For Life Ministries Inc WI$392,153 Chairman $7,046 $6,844 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WI cost of living and 2023 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 WI 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 default32nd
Total compensation (D + F), as reported (no adjustments)24th
Reportable pay only (column D), adjusted32nd
All sources (D + E + F), adjusted30th

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 (Sheila Wenzel) 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 10, 2026, comparing compensation against 50 similarly situated organizations (Same NTEE sector (P29), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $30,000 is reasonable (approximately the 32nd 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 10, 2026.