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PeerBasis
Compensation Comparability Determination

Riverside Club For Adventure And Imagination

Executive Director / CEO

EIN 800904083
IL · NTEE B25
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Peter Searby, Executive Director / CEO ($85,064) against every comparable organization that fit the selection criteria — 51 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 84th percentile of comparable organizationswithin the typical range

Benchmarked executive: Peter Searby — reported title “Executive Director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

51 organizations qualified on sector, size, and geography 51 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,042 total compensation of comparable organizations → $166,784 $85,064
$17,93110th
$37,31025th
$53,501Median
$69,48975th
$89,04490th
$85,064This org · 84th
p10$17,931
p25$37,310
p50$53,501
p75$69,489
p90$89,044
$85,064

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 IL 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
Texas Spring Corporation TX$486,922 Principal $60,000 $63,552 2022
West Logan Christian Academy WV$495,961 Secretary $28,400 $30,380 2024
Monroe School Inc DC$504,046 President $5,000 $4,646 2022
Propel Education Forum Of MS$504,163 President & $47,436 $52,197 2024
Sphinx Academy Inc KY$464,773 Director Of Education $109,230 $112,955 2025
Chesterton Academy Of The Sacred Heart Nfp Inc IL$506,307 Headmaster $91,648 $89,019 2024
Kestrel Schools Inc AZ$508,822 President/ex $35,484 $34,712 2023
Heartland High School OH$460,595 Executive Di $40,192 $42,058 2024
Camino De Paz Center Inc NM$510,688 Treasurer $41,757 $44,373 2024
Yiya Solutions Inc NH$512,626 Ceo $75,000 $68,420 2024
The Joseph School Inc TN$455,433 Executive Director $70,000 $74,843 2023
Chesterton Academy Of Saint John The Evangelist VA$525,924 Headmaster $75,000 $69,701 2025
Yotzer Ohr Lakewood A Nj Nonprofit NJ$444,353 Trustee $24,923 $21,418 2025
The Rwanda School Project CA$534,874 School Director $35,342 $30,151 2024
Risalah School Of Excellence WA$538,322 President $7,754 $6,682 2025
Sunshine Alternative Education Cent NY$425,409 Ceo $43,550 $38,881 2024
New Song Mission Inc IN$424,399 Executive Director And Sec $42,375 $44,150 2024
Js Bryant School Inc MA$423,940 Director (Thru 10/5/24) $50,000 $44,392 2024
Upgrade Media Arts Schools Inc WI$547,945 Chief Executive Officer $149,243 $158,541 2023
Fiat Classical Academy Inc IN$418,197 President $68,250 $69,276 2025
Gold Star Private Academy Inc FL$414,915 Co-founder/i $53,484 $48,361 2025
Arete Academy MN$556,089 Director $63,994 $64,319 2023
Saint Sophia Hellenic Orthodox School UT$411,669 Director $88,059 $89,044 2024
North Branch School Inc VT$406,253 Board Treasurer $48,631 $48,361 2024
Mesivta Meromei Tzvi Inc NJ$403,891 President $84,200 $74,274 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default84th
Total compensation (D + F), as reported (no adjustments)84th
Reportable pay only (column D), adjusted88th
All sources (D + E + F), adjusted80th

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 (Peter Searby) 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 51 similarly situated organizations (Same NTEE sector (B25), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $85,064 is reasonable (approximately the 84th 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.