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PeerBasis
Compensation Comparability Determination

Magnolia Montessori

Executive Director / CEO

EIN 820656742
KY · NTEE B24
FY ending 2024-07-31
June 9, 2026

This analysis benchmarks the total compensation of Chancie Mckenna, Executive Director / CEO ($26,308) against every comparable organization that fit the selection criteria — 103 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 31st percentile of comparable organizationswithin the typical range

How comparable organizations were selected

103 organizations qualified on sector, size, and geography 103 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,685 total compensation of comparable organizations → $152,823 $26,308
$14,45710th
$22,40625th
$38,681Median
$51,31275th
$63,87090th
$26,308This org · 31st
p10$14,457
p25$22,406
p50$38,681
p75$51,312
p90$63,870
$26,308

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 KY cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Copeland Run AcademyPA $288,066$38,556 990
Mid Cities Christian AcademyTX $294,632$40,260 990
Brite Bringing Relief InternationalFL $285,994$14,125 990
Cape Cod Christian Academy IncMA $297,994$39,646 990
Bloom Community School IncIL $280,544$57,409 990
The Learning WellWA $300,447$27,212 990
St Sophia Classical Academy FoundationOK $302,320$23,626 990
Quality Education Institute Of Durham Inc Q E I DNC $302,989$2,597 990
Kingston Montessori AcademyTX $303,350$33,550 990
Capitol Hill AcademyUT $276,029$38,250 990
Eddlemon Child Development CenterSC $274,329$40,743 990
Trinity Classical AcademyMS $307,601$8,716 990
Mandarin AcademyCA $269,316$91,159 990
Birch School IncNY $311,558$52,357 990
Cabot Christian SchoolAR $268,929$2,354 990
Rochester Classical AcademyNY $313,821$43,296 990
Gardenview Montessori SchoolWA $314,374$45,683 990
Big Leaf MontessoriWA $314,984$30,367 990
L Ecole De DenverCO $264,923$40,375 990
Reach Academy IncFL $317,631$47,545 990
Peachtown Elementary SchoolNY $262,797$43,441 990
Mercy Prepratory AcademyTX $319,962$19,970 990
Seton AcademyIL $259,388$60,852 990
Aurora SchoolVT $322,056$71,554 990
Great River Montessori IncWI $322,872$55,371 990

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 KY 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 default31st
Total compensation (D + F), as reported (no adjustments)27th
Reportable pay only (column D), adjusted34th
All sources (D + E + F), adjusted31st

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 (Chancie Mckenna) 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 103 similarly situated organizations (Same NTEE sector (B24), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $26,308 is reasonable (approximately the 31st 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). 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.