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PeerBasis
Compensation Comparability Determination

Memphis-area Home Education Association Inc

Executive Director / CEO

EIN 621763611
TN · NTEE B99
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Sherry Shaffer, Executive Director / CEO ($9,472) against every comparable organization that fit the selection criteria — 432 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 9th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Sherry Shaffer — reported title “Office Manager”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

432 organizations qualified on sector, size, and geography 432 within the band form the benchmarked peer set.

Distribution of comparable compensation

$120 total compensation of comparable organizations → $270,133 $9,472
$13,21310th
$30,28625th
$50,959Median
$73,85775th
$100,29590th
$9,472This org · 9th
p10$13,213
p25$30,286
p50$50,959
p75$73,857
p90$100,295
$9,472

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 TN 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 Georgetown School SC$309,543 Head Of School $39,000 $37,710 2025
New Life With Education KS$308,343 Member At Large $39,600 $41,903 2023
Craftsmen Recreation Club Inc OH$308,238 Manager $55,680 $57,762 2023
Collierville Education Foundation TN$308,176 Managing Director $21,500 $21,500 2024
National Railroad Hall Of Fame Inc IL$311,239 Executive Director $40,000 $37,412 2024
Simplify Global Education Inc VA$311,376 President $68,600 $63,014 2024
Central Ms Down Syndrome Society Inc MS$307,826 Executive Dir. $50,000 $54,543 2023
Northern Berkshire Community MA$311,635 Executive Di $88,217 $75,417 2024
Association Of Independent Schools FL$307,514 Executive Director $52,091 $46,555 2024
Foundation For Mechanical Insulation VA$313,025 Program Manager/lead $44,179 $40,582 2024
College For Kids MO$305,159 Director $22,000 $22,168 2024
Alaska Farmers Market Association AK$314,909 Co-director $43,307 $39,389 2024
Community Enhancement Foundation Of Plains KS$304,277 Member $6,507 $6,885 2023
Sandy Springs Education Force Inc GA$315,023 Executive Dir. $46,020 $44,021 2024
Chamber Of Commerce - Greater Beloit WI$315,450 Executive Director $80,474 $79,955 2024
West Virginians For Affordable WV$303,490 Executive Director $103,300 $106,406 2024
Being Built Together CA$302,850 President $65,695 $53,968 2024
Cincinnati Interfaith Workers Cente OH$302,833 Executive Di $75,561 $76,137 2024
Pegasus Media Project TX$301,363 Co-founder Exec Dir $55,978 $51,898 2025
Two Bikes Chattanooga TN$317,905 Ceo $38,817 $38,817 2024
Eastern Educational Resource OR$301,148 President $52,500 $47,753 2023
C2e Incorporated GA$300,619 Finance Dir $6,572 $6,287 2024
262 Foundation Inc MA$300,469 President $42,000 $35,906 2024
Marshallese American Network For Interacting Together OR$300,457 Executive Director/secretary $67,800 $59,900 2024
Project Diva MN$300,416 Executive Director $80,495 $73,718 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TN 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 TN 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 default9th
Total compensation (D + F), as reported (no adjustments)8th
Reportable pay only (column D), adjusted14th
All sources (D + E + F), adjusted8th

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 (Sherry Shaffer) 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 432 similarly situated organizations (Same NTEE sector (B99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $9,472 is reasonable (approximately the 9th 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.