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PeerBasis
Compensation Comparability Determination

The Exploris Foundation

Executive Director / CEO

EIN 814851793
NC · NTEE B11
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Josh Corbat, Executive Director / CEO ($9,462) against every comparable organization that fit the selection criteria — 73 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 34th percentile of comparable organizationswithin the typical range

Benchmarked executive: Josh Corbat — reported title “BOARD MEMBER”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

73 organizations qualified on sector, size, and geography 73 within the band form the benchmarked peer set.

Distribution of comparable compensation

$196 total compensation of comparable organizations → $214,894 $9,462
$3,05710th
$5,96325th
$14,204Median
$37,79175th
$71,87490th
$9,462This org · 34th
p10$3,057
p25$5,963
p50$14,204
p75$37,791
p90$71,874
$9,462

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 NC 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
Elias E Tucker Trust Fund ME$22,394 President/director $228,295 $214,894 2024
The Professional Institute For PA$21,644 Executive Director $35,000 $33,779 2023
Norris Square Education Corporation PA$21,499 Ceo-xiente $16,868 $15,813 2024
Sizer School Foundation Inc MA$21,296 Board Memeber $6,749 $5,870 2023
Achieving Academic Success CO$22,822 Executive Director $17,050 $15,369 2024
Alumnae Association Of The Lenox Hill NY$21,224 President/editor Of Echo $10,000 $8,745 2023
Local 417 Scholarship Fund NY$22,978 Trustee $108,364 $89,677 2025
Briercrest College And Seminary Usa WA$20,749 Officer $99,132 $85,896 2023
Literacy Volunteers Of Fauquier County VA$23,398 Executive Director $11,000 $9,984 2024
Laker Educational Foundation MN$23,401 Executive Dir. $6,590 $5,963 2025
Relife Initiatives Corporation GA$20,705 Ceo $5,495 $5,347 2023
The Foundation For Chabot-las Positas Community College District CA$20,521 Treasurer $123,893 $100,567 2024
Readability Matters CO$20,412 Chair $60,000 $54,083 2024
Educate Nky Inc KY$23,868 President & $114,583 $115,723 2024
Mcfarlane-cure Charitable Trust WI$23,904 Trustee $200 $196 2024
Mcgehee Mens Club Inc AR$20,118 Secretary $10,984 $11,606 2024
The Gavin Dillard Poetry Library And Archive Inc NC$24,034 Founder $900 $874 2024
The Environmental Charter School PA$24,329 Trustee $54,032 $50,652 2024
Downtowners Inc OH$24,557 Executive Director $4,000 $3,982 2024
Highland School Inc WV$19,261 President $500 $496 2025
Barbara Jordan Institute TX$24,868 Executive Director $3,607 $3,492 2023
The Joy School Endowment Fund TX$19,241 School President/head $23,705 $22,291 2024
Painting Hope MN$24,886 President $25,500 $23,686 2024
Spotsylvania Education Foundation VA$19,043 Executive Director $5,049 $4,718 2023
Faribault Rotary Youth Services Inc MN$19,024 President $6,400 $5,791 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default34th
Total compensation (D + F), as reported (no adjustments)32nd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted58th

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 (Josh Corbat) 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 73 similarly situated organizations (Same NTEE major group (B), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $9,462 is reasonable (approximately the 34th 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.