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PeerBasis
Compensation Comparability Determination

Summit School Foundation

Executive Director / CEO

EIN 522367785
NY · NTEE B112
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Sitman, Executive Director / CEO ($72,000) against every comparable organization that fit the selection criteria — 150 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 75th percentile of comparable organizationswithin the typical range

Benchmarked executive: Richard Sitman — 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

150 organizations qualified on sector, size, and geography 150 within the band form the benchmarked peer set.

Distribution of comparable compensation

$718 total compensation of comparable organizations → $573,653 $72,000
$5,54610th
$16,87125th
$39,238Median
$71,26075th
$116,53190th
$72,000This org · 75th
p10$5,546
p25$16,871
p50$39,238
p75$71,260
p90$116,531
$72,000

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 NY 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
The Ellen Reece Legacy Corp NY$327,090 Executive Director $49,020 $49,020 2023
K-love & Air1 Foundation CA$328,960 Ceo/director (Ended 5/15/24) $48,455 $44,975 2024
Parent Choice Inc WI$330,785 President $2,500 $2,806 2024
Temple University Law Foundation PA$324,561 Vp - Secretary $67,189 $74,149 2023
Riverside County Office Of CA$324,521 Director $75,947 $70,492 2024
Eastern Ahec Property Corporation Inc NC$331,880 Executive Director $38,243 $42,475 2024
Poudre School District Foundation CO$332,615 Executive Di $32,250 $33,240 2024
Connecticut Explored Inc CT$322,548 Publisher+exdir $77,000 $77,604 2024
Whitecaps Baseball Academy CA$333,957 President $42,797 $39,723 2024
Talmudic College 4000 Alton Road Inc FL$321,540 Vp/treasurer $175,000 $176,712 2024
Hilton Head Island All Sports SC$319,666 Treasurer $3,315 $3,622 2025
The Angel Fund MT$337,378 Executive Director $19,422 $21,924 2025
University Of Iowa Research IA$316,627 President $43,544 $52,763 2023
East Side Union High School District CA$315,403 Executive Dir. $25,000 $23,205 2024
Luis & Linda Nieves Family Foundation CA$314,060 University Director $600,310 $573,653 2023
The Seedling Foundation Of Dayton Ohio OH$312,651 Executive Director $40,192 $47,110 2023
Highland Foundation For Educational OH$343,929 Executive Di $87,034 $96,533 2025
El Sol Academy Foundation CA$345,291 Exec. Dir. Of El Sol Academy $48,053 $45,919 2023
Green Mountain Library Consortium VT$310,039 Administrative Coordinator $9,694 $10,798 2023
Rilke Schule Inc AK$346,655 Executive Director $51,850 $54,858 2023
Evergreen School District Foundation 114 WA$307,669 Executive Assistant $49,353 $47,496 2024
Cal State University Fullerton CA$307,284 Director $56,403 $53,898 2023
Explore Facilities Group NM$306,625 Chair $30,923 $36,807 2023
Vista Ridge High School Athletic Booster Club TX$351,294 Treasurer $2,386 $2,500 2025
Classical High School Alumni Association RI$303,785 Executive Director $46,667 $49,520 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default75th
Total compensation (D + F), as reported (no adjustments)75th
Reportable pay only (column D), adjusted83rd
All sources (D + E + F), adjusted39th

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 (Richard Sitman) 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 150 similarly situated organizations (Same NTEE sector (B11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $72,000 is reasonable (approximately the 75th 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.