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PeerBasis
Compensation Comparability Determination

Cape Henlopen Educational Fund

Executive Director / CEO

EIN 510403370
DE · NTEE B122
FY ending 2025-06-30
June 13, 2026

This analysis benchmarks the total compensation of Ashley Reynolds, Executive Director / CEO ($24,578) against every comparable organization that fit the selection criteria — 54 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 39th percentile of comparable organizationswithin the typical range

Benchmarked executive: Ashley Reynolds — reported title “ADMIN MANAGE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

54 organizations qualified on sector, size, and geography 54 within the band form the benchmarked peer set.

Distribution of comparable compensation

$773 total compensation of comparable organizations → $461,227 $24,578
$8,47310th
$15,36225th
$33,082Median
$59,11575th
$88,69490th
$24,578This org · 39th
p10$8,473
p25$15,362
p50$33,082
p75$59,115
p90$88,694
$24,578

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 DE 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
Raymond Schools Foundation WA$182,859 Secretary/treas $2,400 $2,253 2024
Heights Schools Foundation OH$186,278 Executive Di $26,085 $29,818 2023
Jonas Realty Corp MA$186,388 Vice President $57,176 $55,452 2023
The Education Foundation Of Putnam FL$189,084 Executive Director $27,500 $27,083 2024
Victorious Life International IL$189,594 Ceo $750 $773 2024
Oj Anderson Scholarship Foundation Inc NJ$191,208 President $14,400 $13,876 2023
Camden Schools Foundation NJ$173,544 Vice President $16,500 $15,444 2024
Laptops 4 Learning AZ$192,571 Executive Director $18,000 $18,683 2023
Austin Public Education Foundation MN$195,646 President $14,600 $15,123 2024
Ninos Del Sol Inc NY$166,747 Director $10,600 $10,041 2024
Western Dairy Education & Research MO$200,700 President $415,400 $461,227 2024
Hallsville Isd Education Foundation TX$201,469 Executive Dir. $20,000 $20,973 2024
Rochester Education Foundation Inc NY$202,563 Executive Director $32,500 $31,696 2023
Mandela International Magnet School Education Foundation NM$203,289 Treasurer $3,000 $3,382 2024
Latino Educational Equity TX$160,864 Founder $54,000 $56,627 2024
Get Cooking Incorporated FL$160,555 President $35,000 $34,468 2024
Njea Affiliates Risk Purchasing NJ$206,464 President $100,282 $93,861 2024
Foundation For Culinary Arts IL$158,050 Executive Director $164,667 $169,708 2024
Friends Of Richmond Community High School VA$207,623 Executive Director $61,702 $60,844 2025
Teaching And Learning Collaborative Inc CA$208,413 President $22,500 $19,842 2025
Shippensburg Area School District PA$156,958 Executive Di $55,385 $59,611 2023
Nextmark Foundation Inc NJ$210,508 President $18,000 $16,847 2024
Lancaster Country Club Foundation PA$210,886 Treasurer $26,936 $28,991 2023
Friends Of Waialua Robotics HI$212,293 President $15,870 $15,335 2023
Mequon-thiensville Education Foundation Inc WI$214,357 Executive Director $32,500 $36,632 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to DE cost of living and 2025 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 DE 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 default39th
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted54th
All sources (D + E + F), adjusted37th

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 (Ashley Reynolds) 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 13, 2026, comparing compensation against 54 similarly situated organizations (Same NTEE sector (B12), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,578 is reasonable (approximately the 39th 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 13, 2026.