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

Mag Institute For Excellence

Executive Director / CEO

EIN 300211350
GA · NTEE Z99
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Jeremy T Bonfini, Executive Director / CEO ($14,102) against every comparable organization that fit the selection criteria — 134 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 12th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Jeremy T Bonfini — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

134 organizations qualified on sector, size, and geography 134 within the band form the benchmarked peer set.

Distribution of comparable compensation

$20 total compensation of comparable organizations → $159,880 $14,102
$11,39910th
$24,90825th
$44,532Median
$67,98675th
$86,62090th
$14,102This org · 12th
p10$11,399
p25$24,908
p50$44,532
p75$67,986
p90$86,620
$14,102

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 GA 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
Positive Strides Inc MD$176,600 Executive Dir. $53,838 $50,059 2024
Kid Possible Inc WA$175,638 Ceo $87,500 $77,912 2024
Haven Of Hope & Opportunity Inc PA$180,000 Executive Director $20 $20 2024
Commencement Bay Rowing Club WA$180,158 Vice President $6,131 $5,459 2024
Breast Cancer Recovery Foundation Inc WI$173,075 Executive Director $44,400 $46,117 2024
Community Foundation Land Trust CA$181,270 President $32,789 $28,990 2023
Cpad Chinese Parents CA$181,704 Secretary $1,220 $1,048 2024
Project Share Ii Inc NY$170,756 Executive Director $70,564 $65,289 2023
Reinbeck Firemen Inc IA$170,322 Chief $720 $807 2023
Park Ridge Housing MN$169,709 Ceo - Three $40,031 $40,501 2023
Cal-earth Inc CA$184,753 Secretary $21,000 $18,035 2024
Casa Of Rochester-monroe County Inc NY$185,413 Executive Director (Thru 11/2023) $55,809 $50,155 2024
Friends Of Nicole 50 50 Mentoring Collaborative KY$186,825 Ceo/president $25,000 $26,713 2024
Common Ground Dispute Resolution Inc NY$166,483 Executive Director $68,000 $59,536 2025
Virtuosi Of Houston TX$187,972 Executive Director $65,808 $67,403 2023
Etaria Inc NY$188,732 Director $35,795 $32,169 2024
Reconciliation Outreach Inc FL$163,645 President $42,000 $39,241 2024
Northwest Therapeutic Riding Center WA$190,810 Program Director $14,400 $12,822 2024
Urbi Et Orbi Communications Inc VA$161,855 Board Secretary $45,356 $44,841 2023
Organic Acidemia Association Corporation MN$161,337 Executive Dir. $45,000 $44,223 2024
Women In Development Of Greater MA$192,394 Managing Dir $121,510 $105,796 2025
Spark Thomasville Inc GA$192,436 Executive Director $72,100 $72,100 2024
Project Crossroads VA$192,994 Executive Di $37,676 $37,248 2023
Michigan Coalition For Responsible Gun Owners MI$193,036 Executive Director $84,000 $88,776 2023
San Gabriel Housing Foundation CA$160,300 Ceo $61,000 $53,934 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to GA 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 GA 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 default12th
Total compensation (D + F), as reported (no adjustments)11th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted96th

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 (Jeremy T Bonfini) 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 134 similarly situated organizations (Same NTEE sector (Z99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $14,102 is reasonable (approximately the 12th 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.