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PeerBasis
Compensation Comparability Determination

The Institute For The Psychological Sciences Inc

Executive Director / CEO

EIN 541911091
VA · NTEE B40
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Harvey Isaac Payne, Executive Director / CEO ($176,327) against every comparable organization that fit the selection criteria — 1332 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: Harvey Isaac Payne — reported title “Dean - School of Counseling”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

1,332 organizations qualified on sector, size, and geography 1,332 within the band form the benchmarked peer set.

Distribution of comparable compensation

$639 total compensation of comparable organizations → $2,716,895 $176,327
$95,16010th
$146,61125th
$204,107Median
$285,98075th
$386,62890th
$176,327This org · 39th
p10$95,160
p25$146,611
p50$204,107
p75$285,980
p90$386,628
$176,327

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 VA 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
Providence Christian Academy Inc GA$13,928,414 Head Of School $247,467 $257,703 2024
Kennesaw State University Research And GA$13,913,570 Chief Executive Officer $24,173 $25,916 2023
The Trivium Academy Of Classical CA$13,912,814 Executive Di $199,977 $174,232 2025
Earlham Foundation IN$13,932,576 Associate Controller/assistant Secretary $43,321 $48,713 2023
Purchase College Association Inc NY$13,933,024 Executive Director $191,689 $174,773 2025
🔒 1327 more comparable organizations — included in the purchased report

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA 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 VA 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), adjusted42nd
All sources (D + E + F), adjusted32nd

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:

Ready-to-adopt board minutes — executive compensation

🔒 The complete minutes language — three numbered resolutions pre-filled with this organization, the 1332-organization comparison, the date, and the percentile finding, ready to paste into your minutes — is included in the purchased report.

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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.