Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Tracy Kids World

Executive Director / CEO

EIN 300125506
MN · NTEE P33
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Greg Carlson, Executive Director / CEO ($15,600) against every comparable organization that fit the selection criteria — 331 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 8th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Greg Carlson — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

331 organizations qualified on sector, size, and geography 331 within the band form the benchmarked peer set.

Distribution of comparable compensation

$261 total compensation of comparable organizations → $387,002 $15,600
$19,14010th
$37,42825th
$53,772Median
$66,88075th
$84,46690th
$15,600This org · 8th
p10$19,140
p25$37,428
p50$53,772
p75$66,880
p90$84,466
$15,600

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 MN 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
Growing In Gods Love Childcare MT$404,123 Director $66,409 $72,446 2024
Gps Kids Club KS$399,815 Director $29,690 $32,461 2024
St Andrews Preschool And Day Care AZ$404,717 Preschool Director $56,853 $55,335 2024
Next To Parents Daycare Center Inc LA$399,532 President $48,000 $55,071 2023
Davenport Child Care Inc MA$406,019 Program Dire $55,199 $51,682 2023
Tesoritos Daycare & Learning Center Inc PR$406,231 President $33,348 $34,333 2023
Morning Star Education Center CA$397,907 President $720 $629 2024
Roseland Christian Preschool FL$397,733 Preschool Di $54,060 $50,072 2025
Chaffee County Childcare CO$397,719 Executive Director $43,000 $44,722 2022
Caroline Asp Inc NY$407,102 Director $69,304 $63,378 2024
Mechanicsburg Learning Center PA$407,373 Executive Di $15,163 $15,755 2023
Highland Children's House VA$396,375 Executive Director $45,500 $44,461 2024
Crosskids Child Development Center AR$408,653 Assistant Di $5,000 $5,856 2023
Phmc 1500 PA$408,656 Vp & Secretary $372,461 $387,002 2023
Kids Corner Child Care & Learning C IA$395,849 Executive Di $39,922 $45,544 2023
Berry Tender Childcare Inc IA$395,492 Executive Director $41,518 $47,365 2023
Rise Child Development Center Inc TX$409,298 Ceo $93,345 $97,288 2023
Greenville Avenue Child Development Center TX$409,616 Daycare Director $42,920 $44,734 2023
Faith Academy Inc NC$409,942 Ceo / President $62,400 $65,251 2024
Northwest Youth Power Elc Site 3 Inc GA$410,139 Executive Director $59,819 $62,669 2023
Butte Valley Montessori CA$410,323 Controller $66,387 $56,520 2025
A Child's Delight Too Inc MN$412,253 Executive Di $36,900 $37,990 2023
Abc 123 Human Resources Inc TX$392,115 President $21,946 $22,217 2024
Capacidad MA$412,875 Executive Director $71,640 $63,472 2025
Leap Of Faith Ministries Inc IN$391,533 President $2,900 $3,095 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default8th
Total compensation (D + F), as reported (no adjustments)8th
Reportable pay only (column D), adjusted10th
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 (Greg Carlson) 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 331 similarly situated organizations (Same NTEE sector (P33), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $15,600 is reasonable (approximately the 8th 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.