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PeerBasis
Compensation Comparability Determination

Kaps Foundation

Executive Director / CEO

EIN 463382912
OK · NTEE S11
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Phil Lakin, Executive Director / CEO ($82,930) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Phil Lakin — reported title “TCF CL 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

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,079 total compensation of comparable organizations → $73,634 $82,930
$4,35610th
$11,72125th
$22,910Median
$42,60175th
$48,50190th
$82,930This org · 100th
p10$4,356
p25$11,721
p50$22,910
p75$42,601
p90$48,501
$82,930

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 OK 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
Decoursey Properties TX$166,306 President & Ceo $47,205 $44,149 2023
Nickel City Foundation Inc NY$164,595 Board Member $10,220 $8,387 2024
Gleaners Distribution Corporation MI$189,024 President $3,191 $3,079 2023
Remre Inc OK$189,567 Ceo (Beginning 8/2024) $5,586 $5,586 2024
Huntingburg Event & Community Center Inc IN$194,942 Executive Director $23,716 $22,713 2024
Austin Community Growth Ventures MN$151,725 Executive Director - Dca $3,941 $3,536 2024
Leap Foundation Inc MI$198,762 President & Ceo $54,838 $51,403 2024
Community Foundation Of The Ozarks Stock Trust MO$203,994 Director/president & Ceo End 02/24 $37,216 $35,797 2024
1231-1235 Good Hope Road Inc DC$135,004 Chief Executive Officer $23,544 $18,763 2024
Community Property Inc WI$134,760 Director/treasurer $15,872 $15,054 2024
11401 Lorain Avenue Corporation OH$128,004 Chief Executive Officer $76,553 $73,634 2024
Acvb Foundation Inc GA$222,034 President & Ceo $46,147 $42,138 2024
Iff Support Corporation Co Iff IL$125,270 President $28,336 $25,299 2024
National Grain And Feed Foundation VA$123,028 Secretary/treasurer $49,110 $43,063 2024
Sme Preservation Fund TN$247,816 Secretary $24,000 $22,910 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OK 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 OK 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 default100th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted93rd

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 (Phil Lakin) 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 15 similarly situated organizations (Same NTEE sector (S11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $82,930 is reasonable (approximately the 100th 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.