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

Lee County Fair Association

Executive Director / CEO

EIN 366083371
IL · NTEE K20
FY ending 2025-09-30
June 9, 2026

This analysis benchmarks the total compensation of Katie Pratt, Executive Director / CEO ($3,900) against every comparable organization that fit the selection criteria — 47 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 11th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Katie Pratt — reported title “Secretary”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

47 organizations qualified on sector, size, and geography 47 within the band form the benchmarked peer set.

Distribution of comparable compensation

$55 total compensation of comparable organizations → $121,669 $3,900
$4,97910th
$17,78925th
$45,563Median
$63,52775th
$79,04290th
$3,900This org · 11th
p10$4,979
p25$17,789
p50$45,563
p75$63,527
p90$79,042
$3,900

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 IL 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
Iglesias Gardens Co PA$218,244 Board Member $5,950 $6,195 2024
Lewis Educational Agricultural Farm CT$217,126 Executive Director $17,900 $18,040 2023
The Village Agricultural Cooperative MN$219,056 Ceo $60,385 $64,137 2023
Project Alianza Inc MA$220,721 Executive Director $88,400 $82,940 2024
Kindness Farm OR$213,995 President $38,961 $38,892 2023
Gathering Ground Inc WI$222,314 Board Member $16,000 $17,446 2024
Foothills Farmers Market NC$222,743 Market Manag $37,760 $40,736 2024
Georgia Minority Outreach GA$211,029 Program Mana $49,820 $53,847 2023
Proctor Farmers Market WA$227,086 Market Manager $68,948 $64,451 2024
Paicines Ranch Learning Center CA$228,466 Director/board $82,725 $76,785 2023
Save Family Farming WA$229,935 Executive Director (Starting May 2024) $86,548 $80,903 2024
Honore Farm And Mill CA$203,746 Executive Director $49,087 $45,563 2023
Oregon Ag Fest Inc OR$234,516 Executive Di $48,000 $47,915 2023
Western Growers Foundation CA$196,357 President And Ceo $51,830 $48,109 2023
Farm & Community Collaborative Inc MA$243,008 Director $20,833 $20,124 2023
Bionutrient Food Association Inc MA$191,809 Executive Di $61,890 $58,068 2024
Malibu Agricultural Project's Cornucopia Farms CA$245,656 President $69,785 $62,916 2024
Giving Gardens Of Indiana Inc IN$245,726 Executive Di $31,800 $35,013 2024
Artisan Cheese Festival CA$245,957 Executive Director $42,000 $37,866 2024
American Iris Society CA$249,334 Registrar $14,400 $12,983 2024
Africulture VA$249,576 Executive Director $13,575 $13,685 2024
Grower-shipper Association Foundation CA$185,507 Executive Director $83,820 $77,802 2023
E & L Development Foundation Inc MS$250,687 Program Dire $49,500 $57,561 2024
Oklahoma Wheat Research Foundation Inc OK$180,818 Sec/treasurer $10,000 $11,200 2025
Osamequin Farm Inc MA$255,720 Foundation Mgr. $62,746 $58,870 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL cost of living and 2025 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 IL 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 default11th
Total compensation (D + F), as reported (no adjustments)11th
Reportable pay only (column D), adjusted15th
All sources (D + E + F), adjusted11th

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 (Katie Pratt) 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 47 similarly situated organizations (Same NTEE sector (K20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $3,900 is reasonable (approximately the 11th 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.