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PeerBasis
Compensation Comparability Determination

Alma Financial Assistance Corp

Executive Director / CEO

EIN 470863848
FL · NTEE P51
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Alberto Larrea, Executive Director / CEO ($105,712) against every comparable organization that fit the selection criteria — 34 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 53rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Alberto Larrea — reported title “PRES. EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

34 organizations qualified on sector, size, and geography 34 within the band form the benchmarked peer set.

Distribution of comparable compensation

$8,403 total compensation of comparable organizations → $296,574 $105,712
$30,96210th
$72,45725th
$96,564Median
$122,57175th
$162,09790th
$105,712This org · 53rd
p10$30,962
p25$72,457
p50$96,564
p75$122,571
p90$162,097
$105,712

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 FL 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
Capital Payee Inc MI$390,922 Director $109,992 $117,384 2024
Association Of Independent Consumer FL$389,613 Executive Director $121,849 $118,353 2024
Making Change Inc MD$409,982 Executive Director $127,500 $123,247 2024
Leading For Kids CA$415,779 President & Sec $322,650 $296,574 2023
Betterfi TN$368,454 Executive Director $55,000 $59,775 2024
Consumer Financial Education AL$363,708 President $7,307 $8,403 2023
Consumer Education And Training Services WA$359,805 Executive Director $165,000 $157,251 2023
First Generation Investors NY$358,975 Executive Director $115,521 $111,119 2023
Dealing With Debt MD$440,000 Vice Preside $32,000 $30,933 2024
Bill Payment Support Services MN$441,538 Director $139,000 $142,010 2024
Family Management Financial IA$348,480 Executive Di $89,100 $100,871 2024
Credit Counseling Center PA$346,441 Executive Director $85,360 $88,013 2024
Jcvision And Associates Inc GA$448,665 Executive Direc $73,160 $78,305 2023
Golden Care Services Inc WI$450,354 President $82,987 $92,257 2023
Freedom 5 One Ministries Inc AR$452,108 President $199,126 $238,261 2023
Project Green MI$323,918 Executive Di $97,280 $106,884 2023
The Phebe Foundation OH$308,316 Excutive Director $66,000 $74,412 2023
1 Wiser Consumer Education Center Inc TX$306,880 Executive $30,000 $31,028 2024
National Debt Management Inc MI$492,855 President $39,000 $41,621 2024
The Cares Project Inc NC$296,908 Ceo $81,640 $87,219 2024
Institute For Financial ME$280,801 Exec Dir./se $70,660 $75,317 2023
Housing Consultants Group NC$512,033 Executive Director $111,973 $119,626 2024
Morning Star Urban Development Inc GA$269,603 Executive Director $66,600 $69,238 2024
Evergreen Financial Counseling AZ$523,239 Compliance Officer $73,656 $73,241 2024
Flcct Inc TX$527,765 Executive Director $154,181 $164,174 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL 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 FL 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 default53rd
Total compensation (D + F), as reported (no adjustments)56th
Reportable pay only (column D), adjusted56th
All sources (D + E + F), adjusted53rd

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 (Alberto Larrea) 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 34 similarly situated organizations (Same NTEE sector (P51), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $105,712 is reasonable (approximately the 53rd 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.