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PeerBasis
Compensation Comparability Determination

Covenant Community School Inc

Executive Director / CEO

EIN 451620113
NC · NTEE B21
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Lynda Williams, Executive Director / CEO ($48,462) against every comparable organization that fit the selection criteria — 102 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 76th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

102 organizations qualified on sector, size, and geography 102 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2 total compensation of comparable organizations → $112,255 $48,462
$9,33510th
$23,54525th
$37,566Median
$48,14375th
$62,42290th
$48,462This org · 76th
p10$9,335
p25$23,545
p50$37,566
p75$48,143
p90$62,422
$48,462

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 NC 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
St Paul's Church Nursery School Inc MA$173,456 Executive Director & Head Teacher $73,987 $62,499 2024
Kirkland Preschool WA$164,337 President $9,660 $8,370 2023
Centreville Preschool Inc VA$162,726 Director $17,054 $15,080 2025
Bethpage Nursery School NY$162,256 Executive Director $41,469 $35,225 2024
Positive Outlook Inc LA$161,592 President $46,801 $49,875 2023
Kidz Clubhouse ND$181,028 Director $4,042 $4,170 2024
Spring-mar Preschool Association Inc VA$182,611 School Director $31,106 $27,506 2025
Center Preschool Inc CT$184,473 Pres $127,361 $112,255 2024
Dallas Cooperative Preschool TX$156,560 President $14,942 $14,050 2024
Palm Tree Academy TX$185,863 School Principal $25,832 $24,291 2024
Montessori Center Of Pearl Harbor HI$188,250 Director/teacher Rep. $73,350 $61,733 2024
Foundation For The Liveliness KY$188,459 President And Director Of $42,875 $43,302 2024
Early Leader Child Care Ministries Inc IN$152,455 President $15,800 $16,126 2023
The Remnant Academy Inc TX$152,255 President $6,032 $5,672 2024
Keys Montessori School Inc PA$190,969 President $46,937 $45,300 2023
Amazing Scholar Academy Preschool PA$150,206 Board Member-ex-officio, Non-voting $35,350 $34,117 2023
Footsteps Academy PA$149,231 Director $23,362 $21,901 2024
First Christian Church Youth AR$192,862 Executive Di $27,500 $29,058 2024
Milford Cooperative Nursery School MI$196,484 Former Director $35,769 $35,731 2023
Caring Branches Early Care And PA$196,777 Executive Di $2,984 $2,797 2024
Ganeinu CO$197,571 President $47,760 $43,050 2024
East Hanover Cooperative Nursery School NJ$197,980 Director $42,207 $35,424 2024
Francis Kiddie Kollege Preschool Inc CA$199,112 Executive Director $41,017 $34,278 2023
Faith Pre-school OH$141,774 Director $37,128 $38,058 2023
Trinity Day School Of Newtown Inc CT$200,254 Director $47,840 $42,165 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default76th
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted65th
All sources (D + E + F), adjusted75th

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 (Lynda Williams) 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 102 similarly situated organizations (Same NTEE sector (B21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $48,462 is reasonable (approximately the 76th 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.