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PeerBasis
Compensation Comparability Determination

Impact Ministries Of Myrtle Beach

Executive Director / CEO

EIN 272059806
SC · NTEE X192
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michael T Wood, Executive Director / CEO ($65,000) against every comparable organization that fit the selection criteria — 34 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 53rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Michael T Wood — reported title “Executive Director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

34 organizations qualified on sector, size, and geography 34 within the band form the benchmarked peer set.

Distribution of comparable compensation

$16,963 total compensation of comparable organizations → $245,364 $65,000
$22,80310th
$49,43825th
$62,466Median
$90,35075th
$110,06690th
$65,000This org · 53rd
p10$22,803
p25$49,438
p50$62,466
p75$90,350
p90$110,066
$65,000

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 SC 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
Great Hunt For God Inc OR$362,328 President/director $61,100 $54,389 2024
Chatham Transitional Ministries Inc GA$357,223 Ministry Coordinator $52,630 $50,725 2024
His Vessel Ministries AL$355,318 President $83,962 $86,947 2024
College & Career Ministries Inc CA$353,936 Exec Director $24,480 $20,861 2023
Village To Village Ministries Intern PA$391,019 Admin $63,150 $58,809 2025
Living Waters Christian Canoe Camp KS$344,938 Chair $21,900 $22,679 2024
Appointment Congo NC$339,641 President $62,175 $61,580 2024
Connect The World PA$336,428 Minister $249,320 $245,364 2023
Khalsa Family Farms NM$331,370 Director $51,550 $53,147 2024
Chaplains In Schools Inc WI$410,312 Executive Director $80,216 $92,955 2021
Forgiven Ministry Inc NC$327,084 President $22,645 $23,091 2023
Field Life TX$416,700 Executive Director $93,843 $89,981 2024
El Puente-hispanic Ministry MO$423,167 Executive Di $59,033 $59,933 2024
Lead With Your Life Inc CA$437,847 President $177,666 $147,056 2024
Barnabas Ministries Inc MA$296,825 Executive Director $45,217 $37,944 2025
Lightsys Technology Services Inc CO$288,665 President/ceo And Board Member $78,440 $72,097 2024
Biblical Counseling Coalition Inc IN$287,638 Exec. Direct $71,524 $72,300 2024
Glocal Mission TX$453,760 President $117,219 $112,395 2024
Family Affair Ministries Inc TN$454,451 Ceo $60,480 $60,938 2024
Gaston Christian Center TX$281,468 Executive Director $74,908 $69,974 2025
The Advance Initiative PA$462,623 President $19,062 $18,221 2024
Trinity Roselle Foundation IL$277,146 President And Director $71,411 $69,283 2023
Impact For Living Inc FL$275,985 President / Director $161,696 $145,605 2024
Love In The Name Of Christ Of OR$465,098 Executive Di $55,056 $49,009 2024
Responder Life OR$465,889 Former Presi $84,742 $77,662 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to SC 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 SC 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 default53rd
Total compensation (D + F), as reported (no adjustments)53rd
Reportable pay only (column D), adjusted68th
All sources (D + E + F), adjusted47th

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 T Wood) 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 34 similarly situated organizations (Same NTEE sector (X19), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $65,000 is reasonable (approximately the 53rd 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.