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PeerBasis
Compensation Comparability Determination

Grace Education & Business

Executive Director / CEO

EIN 474073406
FL · NTEE B90
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joann Thompson, Executive Director / CEO ($45,757) against every comparable organization that fit the selection criteria — 19 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 63rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Joann Thompson — 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

19 organizations qualified on sector, size, and geography 19 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,102 total compensation of comparable organizations → $141,727 $45,757
$13,28910th
$19,83225th
$41,231Median
$66,50075th
$84,49790th
$45,757This org · 63rd
p10$13,289
p25$19,832
p50$41,231
p75$66,500
p90$84,497
$45,757

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
Seminary For The Third Millennium FL$200,165 President $14,765 $14,765 2023
Gethsemane Ranch Inc FL$204,030 Secretary $20,244 $19,663 2024
Doctors Of Academics Learning Academy FL$208,034 Ceo & President $30,186 $29,320 2024
Peace & Friendship Society Of Central Florida Inc FL$192,244 Director $72,773 $72,773 2023
Stem Xposure FL$211,413 President $23,000 $22,340 2024
Spectrum Education Inc FL$212,961 President $77,375 $75,155 2024
Project Rock South Inc FL$214,815 Program Director $46,416 $45,084 2024
Miami Dade Urban Debate League FL$217,220 Program Directo $45,000 $43,709 2024
National Bible Bowl FL$218,089 Executive Director $21,538 $21,538 2023
Lighthouse Academies Inc FL$218,951 Ceo $145,913 $141,727 2024
National Voices For Equality Education And Enlightenment Inc FL$222,277 Executive Director $49,510 $49,510 2023
Housing Leadership Of Palm Beach County FL$244,400 President & Ceo $125,465 $121,865 2024
Iaapa Foundation FL$151,115 President And Ceo $41,231 $41,231 2023
Keys Learning Center Inc FL$254,113 Executive Director $70,000 $70,000 2023
The Blink Foundation Inc FL$147,192 President $63,000 $63,000 2023
Lighthouse Christian Homeschool Academy Inc FL$257,479 President $7,802 $7,383 2025
True North Academy Inc FL$274,290 Academy Director $17,261 $16,334 2025
Micar Christian University Corp FL$279,543 Director $20,000 $20,000 2023
Miami Beach Education Foundation Inc FL$296,822 Former President/ceo $2,164 $2,102 2024

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 default63rd
Total compensation (D + F), as reported (no adjustments)58th
Reportable pay only (column D), adjusted63rd
All sources (D + E + F), adjusted47th

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 (Joann Thompson) 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 19 similarly situated organizations (Same NTEE sector (B90) + FL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $45,757 is reasonable (approximately the 63rd 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.