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PeerBasis
Compensation Comparability Determination

Tanager Place Endowment Foundation

Executive Director / CEO

EIN 421278189
IA · NTEE P110
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Brad Thatcher, Executive Director / CEO ($33,888) 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 77th percentile of comparable organizationswithin the typical range

Benchmarked executive: Brad Thatcher — reported title “ASSISTANT TREASURER”, 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

$1,150 total compensation of comparable organizations → $96,272 $33,888
$7,48010th
$10,45025th
$14,429Median
$32,15475th
$57,47090th
$33,888This org · 77th
p10$7,480
p25$10,450
p50$14,429
p75$32,154
p90$57,470
$33,888

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 IA 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
Bixby Knolls Towers Inc CA$143,906 President/ceo $68,128 $52,186 2024
Funds For Friends TX$147,336 Executive Director $12,900 $11,447 2024
Arcadia Improvement Association CA$147,732 Executive Director $101,650 $77,865 2024
Florence Fuller Child Development FL$140,875 Chief Executive Officer $10,498 $9,007 2023
Mother Of Mercy Foundation MN$153,964 Foundation Executive Director $35,509 $31,125 2024
Safe Alliance Foundation TX$136,896 Chief Executive Officer $9,108 $8,082 2024
Odd Fellows Faith Hope And Charity CT$136,335 Ceo $9,546 $7,940 2024
Northeastern Association Of The Blind NY$155,593 Ceo $3,296 $2,720 2023
Harc Foundationinc CT$133,954 President/ce $37,368 $31,081 2024
The Office For Aging Foundation Of NY$133,728 Executive Di $13,341 $10,418 2025
Friends Of The Hocking Hills State Park OH$131,891 Program Director, Astronomy Park $15,000 $14,094 2024
Memphis Union Mission Support Corporati TN$160,200 President $11,240 $10,481 2024
Missouri Bar Foundation MO$160,256 Secretary $45,963 $44,461 2023
Community Hope Foundation Inc NJ$160,894 Executive Director $10,249 $8,118 2024
Seniors First Foundation Inc FL$122,983 President/ceo $21,126 $18,125 2023
Ihs Ministries Inc AZ$122,194 Ex Officio - Non-voting $3,801 $3,243 2024
Fcs New Market Landlord Inc TN$120,019 Ceo $13,308 $12,409 2024
Hamilton Center Foundation Inc IN$175,796 President / Ceo $44,532 $42,890 2023
Family Counseling Center Foundation Inc NY$176,619 Executive Director $16,118 $12,921 2024
River Deep Foundation CO$114,481 Executive Di $36,663 $31,186 2024
Tomorrow's Children Of Wisconsin Inc WI$179,512 President $11,756 $10,892 2024
Chris 180 Support Organization Inc GA$179,787 Board Chair (Chris 180 Ceo) $18,340 $16,842 2023
Community Action Trust Inc MA$110,500 Executive Director $22,999 $18,334 2024
The Ida And Asset Building Collaborative NC$181,131 Executive Director $102,018 $96,272 2023
Crossroads Foundation Inc IA$109,437 Executive Director $8,379 $8,379 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IA 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 IA 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 default77th
Total compensation (D + F), as reported (no adjustments)68th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted40th

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 (Brad Thatcher) 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 (P11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $33,888 is reasonable (approximately the 77th 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.