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PeerBasis
Compensation Comparability Determination

Very Bold Ministries Inc

Executive Director / CEO

EIN 742982652
TX · NTEE X20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Steven L Teel, Executive Director / CEO ($82,500) against every comparable organization that fit the selection criteria — 100 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 65th percentile of comparable organizationswithin the typical range

Benchmarked executive: Steven L Teel — reported title “PRESIDENT/DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

100 organizations qualified on sector, size, and geography 100 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,809 total compensation of comparable organizations → $282,000 $82,500
$17,79610th
$36,23525th
$62,325Median
$99,90675th
$143,71190th
$82,500This org · 65th
p10$17,796
p25$36,235
p50$62,325
p75$99,906
p90$143,711
$82,500

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 TX 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
Empowering Leadership International TX$213,310 President $91,235 $93,930 2023
Mir Ministries TX$215,688 Secretary/treasurer $76,404 $78,661 2023
Biblical Leadership For Excellence Inc TX$209,687 Executive Director $82,000 $82,000 2024
Trexo Dmm Inc TX$208,903 Director $149,605 $154,024 2023
Reach Asia Ministries Inc TX$208,646 President/ceo $45,500 $45,500 2024
5g Reformation Ministries TX$220,267 President $46,665 $46,665 2024
Gap At Sawmill Meadow TX$206,782 Vice President $3,000 $3,000 2024
Canyon Pathways TX$221,774 Executive Director $117,217 $117,217 2024
Hope For The Home Ministries TX$222,545 President $49,225 $49,225 2024
Nik Ripken Ministries TX$203,890 President $32,400 $32,400 2024
Joyful Korean Community Church TX$203,890 Senior Pastor $29,700 $30,577 2023
Reach Ministries Of Corpus Christi TX$224,648 Ceo $70,708 $72,797 2023
Prayermentor TX$202,251 President $101,544 $101,544 2024
Iplace TX$227,994 Executive Director $50,000 $50,000 2024
Feed My Lambs International Inc TX$229,047 President $50,121 $50,121 2024
Free Grace International TX$198,049 Chairman $43,500 $44,785 2023
Mike Guzzardo Ministries TX$198,000 President $280,230 $280,230 2024
The Equipping Group Inc TX$231,910 Executive Director & Board Chair $88,482 $88,482 2024
By Example Missions TX$195,717 Executive Director $52,800 $52,800 2024
Encounter Gods Presence TX$234,992 President $74,000 $76,186 2023
Matt Clayton Ministriesinternational Inc TX$235,571 Employee $60,832 $60,832 2024
New Foundland Foundation Incorporated TX$235,898 Chair $208,000 $208,000 2024
Buddy Hicks Ministries TX$236,372 President $44,829 $44,829 2024
Turning Point Church Of Bay City Tx TX$236,941 Director $103,610 $103,610 2024
Soundforgers International TX$190,392 President $129,166 $129,166 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default65th
Total compensation (D + F), as reported (no adjustments)65th
Reportable pay only (column D), adjusted74th
All sources (D + E + F), adjusted64th

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 (Steven L Teel) 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 100 similarly situated organizations (Same NTEE sector (X20) + TX + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $82,500 is reasonable (approximately the 65th 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.