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PeerBasis
Compensation Comparability Determination

Austin Korean School Inc

Executive Director / CEO

EIN 320464842
TX · NTEE B24
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Chung Eun Park, Executive Director / CEO ($2,550) against every comparable organization that fit the selection criteria — 77 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 4th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Chung Eun Park — reported title “PRINCIPAL”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

77 organizations qualified on sector, size, and geography 77 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,191 total compensation of comparable organizations → $159,428 $2,550
$5,14510th
$18,57925th
$36,119Median
$47,63075th
$59,64990th
$2,550This org · 4th
p10$5,145
p25$18,579
p50$36,119
p75$47,630
p90$59,649
$2,550

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 TX 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
Vanguard Gifted Academy IL$239,584 Head Of School $62,315 $59,487 2024
Ivy Greene Inc MS$241,054 Executive Dir. $20,491 $21,589 2025
Lycoming Learning Group PA$242,662 Director Of School $58,750 $58,569 2023
Kc Academy Sulphur Inc LA$233,813 Pres $15,583 $16,662 2024
The Lions Tribe Academy IL$233,129 President $19,462 $18,579 2024
Rise Mhk Corporation KS$231,322 Dir. Of Educ $10,000 $10,490 2024
Montessori School St Clair IL$246,546 Director/age $63,000 $60,141 2024
Bais Yaakov Bnos Chayil Inc NJ$229,282 Trustee $20,000 $17,339 2024
Shikabania Corporation CA$224,241 Director $4,809 $4,151 2023
River Canyon School Inc CO$255,347 Director $47,302 $45,343 2023
Cornerstone Haiti FL$222,220 President $54,225 $50,924 2023
Gods Glory Christian School Inc FL$256,155 President $60,000 $56,348 2023
Emmanuel Coastal Academy Inc FL$221,404 President $2,050 $1,925 2023
Excellerated Teaching Academy Inc FL$256,314 Executive Director $45,000 $43,994 2022
Dianova Foundation CA$256,465 Director $42,805 $36,951 2023
Play School Inc FL$218,741 Executive Director $47,173 $43,031 2024
Seton Academy IL$259,388 Employee $66,500 $63,482 2024
Hillside Academy Inc ID$215,043 President $4,899 $5,060 2024
Peachtown Elementary School NY$262,797 Head Of School $50,167 $45,318 2023
South Tulsa Academy Inc OK$214,734 Board Member $15,000 $15,625 2025
Open Door Christian School PA$214,476 Teacher & Assistant Administrator $20,736 $20,079 2024
Desert Springs Christian Academy NM$213,660 Headmaster 7 $21,524 $21,900 2025
L Ecole De Denver CO$264,923 Executive Director $43,940 $42,120 2023
Childrens Cottage CA$212,633 Executive Dir. $65,301 $53,342 2025
Sunset Sudbury School Inc FL$211,841 President $85,000 $77,536 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default4th
Total compensation (D + F), as reported (no adjustments)4th
Reportable pay only (column D), adjusted6th
All sources (D + E + F), adjusted4th

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 (Chung Eun Park) 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 77 similarly situated organizations (Same NTEE sector (B24), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $2,550 is reasonable (approximately the 4th 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.