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PeerBasis
Compensation Comparability Determination

Kipp St Louis Facilities Fund

Executive Director / CEO

EIN 821332346
MO · NTEE B11
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Kelly Garrett, Executive Director / CEO ($51,519) against every comparable organization that fit the selection criteria — 20 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 75th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

20 organizations qualified on sector, size, and geography 20 within the band form the benchmarked peer set.

Distribution of comparable compensation

$191 total compensation of comparable organizations → $132,185 $51,519
$2,37410th
$12,99925th
$23,383Median
$41,24375th
$97,64490th
$51,519This org · 75th
p10$2,374
p25$12,999
p50$23,383
p75$41,243
p90$97,644
$51,519

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 MO 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
Alleghany Highlands Regional Library Foundation VA$39,981 Secretary $22,953 $19,800 2025
Green Town Properties Inc NC$39,550 President $91,458 $89,223 2023
Coachella Valley Unified School District CA$39,498 President $21,198 $17,282 2023
Hastings College Foundation NE$38,520 Interim Exec Director (End 1/2023) $14,228 $14,448 2023
Jakc Foundation KS$43,884 Chief Executive Officer $14,942 $14,803 2024
West Dallas Community School Foundation TX$36,355 Executive Director $30,958 $29,238 2023
Ahu Ili HI$36,344 President $38,289 $31,437 2024
Go Topeka Etlc Support Corporation KS$45,915 President $34,884 $35,582 2023
Marian Middle School Supporting Organiza MO$34,193 President $19,976 $19,403 2024
The Drost Family Foundation NY$52,606 Trustee $2,860 $2,440 2023
Barat Education Foundation IL$52,959 Treasurer $3,000 $2,635 2025
Slover Library Foundation VA$28,481 Chairman & President $145,000 $132,185 2023
The Ivy Foundation VA$54,330 Executive Director $104,004 $94,812 2023
Junior Achievement Of Eastern Iowa IA$54,804 Authorized Agent $8,616 $8,652 2024
Wilson Area Partners In Education Founda PA$57,003 Executive Director $29,446 $27,725 2023
Charles Henry Leach Ii Fund For Duquesne University PA$57,036 Pres/director $134,644 $123,135 2024
Berea College Leverage Lender Inc KY$57,546 President/as President Of Berea College/director $57,401 $58,226 2023
St Hope Endowment CA$58,061 Ceo $234 $191 2023
Friends Of The San Rafael Public Library CA$60,014 Director $2,310 $1,782 2025
Susquehanna University And PA$60,368 Trustee $30,266 $26,966 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MO 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 MO 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 default75th
Total compensation (D + F), as reported (no adjustments)75th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted85th

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 (Kelly Garrett) 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 20 similarly situated organizations (Same NTEE sector (B11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $51,519 is reasonable (approximately the 75th 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.