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PeerBasis
Compensation Comparability Determination

The Education Foundation Of Indian River

Executive Director / CEO

EIN 593118402
FL · NTEE B20Z
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Douglas Herron, Executive Director / CEO ($81,462) against every comparable organization that fit the selection criteria — 21 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 81st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

21 organizations qualified on sector, size, and geography 21 within the band form the benchmarked peer set.

Distribution of comparable compensation

$10,912 total compensation of comparable organizations → $134,939 $81,462
$26,24910th
$34,87825th
$45,880Median
$72,55775th
$102,17090th
$81,462This org · 81st
p10$26,249
p25$34,878
p50$45,880
p75$72,557
p90$102,170
$81,462

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
Ft Caroline Baptist Academy FL$421,929 Academy Director $74,700 $72,557 2024
Community Homeschool Education Center Inc FL$420,200 Marler $45,880 $45,880 2023
Pure In Heart Christian Academy & FL$461,442 President $27,200 $26,420 2024
Prew Academy Of Sarasota Inc FL$462,414 Dir/principal $102,170 $102,170 2023
Trinity Simone Christian Preparatory Academy Inc FL$464,072 President $42,000 $40,795 2024
Shepherd's Heart Christian Ministries Inc FL$471,530 President $25,000 $23,657 2025
Next Generation Academics Inc FL$493,292 Director $34,878 $34,878 2023
Spark Alc Inc FL$508,475 President $53,125 $51,601 2024
Mca Academy 2 Inc FL$512,672 President/director/principal $142,600 $134,939 2025
Graceview Academy Of St Cloud FL$360,831 Ceo $11,234 $10,912 2024
Scholars Christian Preschool And Academy Inc FL$355,881 Executive Director $78,000 $75,762 2024
Genesis Ministries FL$354,766 President $33,000 $32,053 2024
Engaging Young Minds Academy Inc FL$345,013 President $45,138 $45,138 2023
Family Life Community School Inc FL$534,892 Director $39,087 $36,987 2025
Austin Christian Vocational Academy Inc FL$337,515 Officer $50,000 $50,000 2023
Aukela Unique & Distinguished Scholars Inc FL$332,373 Rodriguez $27,739 $26,249 2025
Umbrella Learning Academy Corp FL$578,533 President $55,130 $55,130 2023
The Magnolia School Inc FL$634,883 Executive Di $60,380 $57,136 2025
Love To Learn Inc FL$641,553 Chairperson $88,000 $88,000 2023
The King's Academy Of West Orlando Inc FL$646,902 Principal $36,723 $35,669 2024
Potentia Academy Inc FL$649,759 Director; Ceo; And President $130,000 $130,000 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 default81st
Total compensation (D + F), as reported (no adjustments)81st
Reportable pay only (column D), adjusted81st
All sources (D + E + F), adjusted76th

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 (Douglas Herron) 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 21 similarly situated organizations (Same NTEE sector (B20) + FL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $81,462 is reasonable (approximately the 81st 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.