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PeerBasis
Compensation Comparability Determination

Grace Preparatory Academy Of Greater

Executive Director / CEO

EIN 465754216
MA · NTEE B20
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Laura Richmond, Executive Director / CEO ($175) against every comparable organization that fit the selection criteria — 260 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 0th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Laura Richmond — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

260 organizations qualified on sector, size, and geography 260 within the band form the benchmarked peer set.

Distribution of comparable compensation

$917 total compensation of comparable organizations → $180,317 $175
$9,40010th
$25,01525th
$44,483Median
$72,64975th
$100,09190th
$175This org · 0th
p10$9,400
p25$25,015
p50$44,483
p75$72,649
p90$100,091
$175

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 MA 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
Genesis Ministries FL$354,766 President $33,000 $34,499 2024
Scholars Christian Preschool And Academy Inc FL$355,881 Executive Director $78,000 $81,542 2024
Thomasville Antiques Show Foundation Inc GA$353,321 Executive Director $27,250 $31,391 2023
Boise Classical Academy Inc ID$352,443 President $32,278 $39,339 2023
Vision 2020 Education Foundation MN$357,509 President/treasurer $14,286 $16,173 2023
Jewell School AZ$358,641 Officer/trea $35,750 $39,391 2023
Deep Roots School Inc NJ$351,162 Treasurer $47,981 $46,444 2025
Journey School Of Houston TX$350,685 Clinical Director Vice Chair $44,155 $49,152 2024
Lincoln Heights Tutorial Program CA$350,503 Exec. Director $75,000 $72,069 2024
King's Academy TX$360,086 Head Of School $99,146 $113,627 2023
Creating Hope Inc OH$349,714 Director $4,800 $5,658 2024
Agia Sophia Academy OR$360,441 Principal $44,460 $47,303 2023
Grace Christian Academy St Louis MO$360,737 Director $37,440 $44,129 2024
Graceview Academy Of St Cloud FL$360,831 Ceo $11,234 $11,744 2024
Valor Classical Christian Academy Inc WI$349,030 34 Grade Teacher $9,120 $10,326 2025
Interlocking Ministries Inc NC$348,910 Executive Di $87,078 $100,126 2024
Providence Christian School WA$348,332 Board $4,564 $4,682 2023
Pacem School Inc VT$361,754 Head Of School $54,852 $59,855 2025
Erie County Association Of School Boards NY$362,373 Executive Director $69,888 $68,467 2025
Royal Legacy Christian Academy IA$346,133 Executive Di $18,359 $23,030 2023
Engaging Young Minds Academy Inc FL$345,013 President $45,138 $48,581 2023
Moorhead Legacy Education Foundation MN$367,977 Executive Director $12,000 $13,195 2024
Wellspring Cultural&educational Foundation Inc CT$341,900 Execuitve Director $88,800 $95,390 2023
Global Conservation Leaders Inc CA$341,786 Ceo $4,679 $4,496 2024
Titus Christian Prep School Inc KY$368,296 Head Of School $50,000 $59,779 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MA 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 MA 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 default0th
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted3rd
All sources (D + E + F), adjusted0th

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 (Laura Richmond) 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 260 similarly situated organizations (Same NTEE sector (B20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $175 is reasonable (approximately the 0th 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.