Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Kool Nerd Prep Inc

Executive Director / CEO

EIN 822518515
NY · NTEE B80
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Merissa Spencer, Executive Director / CEO ($52,659) against every comparable organization that fit the selection criteria — 70 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 66th percentile of comparable organizationswithin the typical range

Benchmarked executive: Merissa Spencer — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

70 organizations qualified on sector, size, and geography 70 within the band form the benchmarked peer set.

Distribution of comparable compensation

$257 total compensation of comparable organizations → $140,702 $52,659
$6,82510th
$23,47525th
$40,179Median
$64,63575th
$90,51390th
$52,659This org · 66th
p10$6,825
p25$23,475
p50$40,179
p75$64,635
p90$90,513
$52,659

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 NY 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
Institute For Democratic Education MS$229,599 Executive Director $114,157 $140,702 2024
Logan City School District UT$230,246 Executive Director $6,530 $7,396 2024
Parachute Project Inc NY$226,311 Executive Dir. $104,091 $104,091 2024
Certified Student Loan Advisor TX$231,298 Chairman $43,000 $47,601 2024
Neighborhood Youth Services Inc MN$232,008 Executive Di $36,923 $40,375 2024
When Girls Get Together Inc IL$223,665 Ex Dir $45,061 $50,473 2023
Middlesex League Inc MA$233,073 Treasurer $8,502 $8,237 2025
Always Knocking Inc CA$222,825 Executive Director $27,062 $26,624 2023
Nino De La Caridad Inc NY$235,024 Executive Di $23,300 $23,300 2024
Asian Student Achievement IL$221,401 President/ceo $29,792 $32,413 2024
Rural Youth Institute ME$215,437 President And Director $45,331 $50,233 2024
Educational Access Group CO$215,225 Director And President $79,875 $82,574 2025
Thrive Longview Inc TX$241,667 Director $58,191 $64,417 2024
Library Of Michigan Foundation MI$212,885 Executive Director/chief Development $99,591 $113,758 2024
The Evolved Network Nfp IL$243,834 Executive Director And President $85,000 $92,477 2024
Wise Choices For Girls CA$212,769 Executive Director $47,500 $45,391 2024
Young Money Finances MI$244,000 Executive Director $34,000 $39,983 2023
Small Hands On Art WA$244,415 President Director $60,000 $59,448 2024
B Relyt Organization Inc CA$210,023 Ceo $27,794 $26,560 2024
Latitude Learning Resources NH$246,741 President $18,650 $19,057 2024
Beta Sigma Phi Charitable Foundation MO$248,195 Director/president $5,018 $5,882 2024
Brooklyn Debate League Inc NY$248,729 Executive Director $89,020 $89,020 2024
Believe In A Dream Inc IN$251,306 Executive Dir. $56,731 $68,163 2023
North Shore Coalition IL$253,489 Executive Director $13,924 $15,596 2023
Oakland Homeschool Music Inc MI$254,609 President / Ceo $14,788 $17,391 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default66th
Total compensation (D + F), as reported (no adjustments)67th
Reportable pay only (column D), adjusted67th
All sources (D + E + F), adjusted57th

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 (Merissa Spencer) 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 70 similarly situated organizations (Same NTEE sector (B80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $52,659 is reasonable (approximately the 66th 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.