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PeerBasis
Compensation Comparability Determination

Stanley Scholarship Funds Inc

Executive Director / CEO

EIN 463427042
ND · NTEE B82
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Kaylen Nordloef, Executive Director / CEO ($2,900) against every comparable organization that fit the selection criteria — 112 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 6th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Kaylen Nordloef — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

112 organizations qualified on sector, size, and geography 112 within the band form the benchmarked peer set.

Distribution of comparable compensation

$352 total compensation of comparable organizations → $303,063 $2,900
$6,47510th
$11,74825th
$32,342Median
$55,44375th
$85,02190th
$2,900This org · 6th
p10$6,475
p25$11,748
p50$32,342
p75$55,443
p90$85,021
$2,900

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 ND 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
Mahoning Valley College Access OH$127,712 Executive Director $64,708 $62,452 2024
Misa Foundation VA$127,195 President $63,240 $55,641 2024
Oregon Turfgrass Foundation OR$129,438 Executive Director $12,991 $10,993 2024
St Louis Association Of Credit IL$126,306 President $24,402 $21,297 2025
William Paul Hatfield Scholarship Trust MO$129,818 Trustee $48,615 $46,920 2024
South Dakota Retailers Association SD$129,954 Executive Di $20,203 $20,318 2024
Alpha Educational Foundation-ddl Inc FL$130,244 Executive Director $23,600 $20,203 2024
Massachusetts Soldiers Legacy Fund MA$124,561 Director $105,146 $86,099 2024
Namic Mutual Insurance Foundation IN$131,399 Executive Di $41,231 $39,621 2024
Entrepreneurs Scholarship Program TX$132,075 Director $375 $352 2023
Educational Foundation Of The AL$121,978 Ceo $151,303 $145,110 2025
St Ursula Academy Scholarship Granting OH$134,005 President $16,697 $16,115 2024
Police Benevolent Associaton FL$134,541 President $11,611 $10,233 2023
Baptist Medical Dental Fellowship AL$134,845 Executive Dir. $54,000 $54,730 2023
Laborers' Local 300 Scholarship Fund CA$136,560 Chairman/trustee $163,840 $128,919 2024
Monster Education Foundation Nfp IL$136,651 Executive Director- President $7,200 $6,450 2024
Yuda Bands UT$136,783 Secretary $28,500 $26,580 2024
Centennial Education Foundation PA$137,344 Executive Director $16,154 $14,679 2024
Oregon Education Assoc Foundation OR$138,017 Oea President $33,341 $28,214 2024
Jitegemee Inc MA$114,999 Director $29,852 $25,167 2023
Educate Lanka Foundation Inc MD$141,292 Executive Director $126,000 $107,342 2024
Coin Op Cares Education & Charitable IL$114,539 Executive Vice President $9,300 $8,578 2023
Olentangy Education Foundation OH$141,530 Executive Di $41,730 $40,275 2024
Donald R Watson Foundation Inc NC$114,316 President $56,398 $51,733 2025
Norwood Masonic Temple Foundation Incorporated OH$114,131 Building Manager/director $10,200 $10,135 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to ND 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 ND 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 default6th
Total compensation (D + F), as reported (no adjustments)4th
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted5th

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 (Kaylen Nordloef) 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 112 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $2,900 is reasonable (approximately the 6th 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.