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PeerBasis
Compensation Comparability Determination

The562 Network Inc

Executive Director / CEO

EIN 824314833
CA · NTEE A33
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michael Guardabascio, Executive Director / CEO ($68,992) against every comparable organization that fit the selection criteria — 49 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 53rd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

49 organizations qualified on sector, size, and geography 49 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,705 total compensation of comparable organizations → $208,872 $68,992
$14,06710th
$38,50525th
$68,230Median
$95,18975th
$118,94790th
$68,992This org · 53rd
p10$14,067
p25$38,505
p50$68,230
p75$95,189
p90$118,947
$68,992

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 CA 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
Arcata Press MN$305,326 Executive Director $84,000 $93,364 2024
The Io Foundation WI$296,207 Secretary/ed $90,687 $103,789 2025
Carlisle Communications Inc MA$308,493 President $1,731 $1,705 2025
Spectator Publishing Company Inc NY$296,078 Editor In Chief $4,250 $4,320 2024
Ashland News OR$295,181 Executive Editor $54,600 $58,720 2023
Skeptic Society CA$309,510 President $143,323 $143,323 2023
Abba A Womens Resource Center ME$311,069 Executive Director $66,576 $77,203 2023
Capital Region Community Media Inc VT$311,307 Editor In Chief $60,584 $68,593 2024
Dignity Usa Inc MA$288,091 Executive Di $112,921 $114,141 2024
County Economic Research Institute Inc KS$317,331 President $171,880 $208,872 2024
In Black Ink MN$319,183 Executive Director $37,606 $43,033 2023
Bellevue Literary Review Inc NY$284,941 Executive Dir. $39,600 $40,251 2024
Nightboat Books Inc NY$320,727 Executive Director $30,841 $32,274 2023
Mars Hill Audio Inc VA$323,706 President $129,079 $140,192 2024
The Food Alliance OR$326,179 Past Exec. Dir. $78,378 $81,873 2024
American Heritage Education Foundation Inc TX$278,273 President $64,011 $70,169 2025
Public Multimedia Inc NJ$326,796 President $112,615 $113,100 2024
Oklahoma Media Center Inc OK$272,439 Executive Dir $94,344 $116,855 2024
Providence Foundation VA$332,489 President $92,500 $100,463 2024
Gospel Tract Society Inc MO$263,217 President $49,879 $61,181 2023
Reconciliation An Intl Network Of Churches And PA$262,893 President $12,500 $14,021 2024
The Massachusetts Review Inc MA$262,636 Managing Editor $36,864 $38,363 2023
Cavankerry Press Ltd NJ$343,702 Executive Director $46,518 $45,515 2025
Louisville Story Program KY$345,966 Executive Di $69,960 $84,547 2024
Bibliographical Society Of America NY$254,548 Executive Director $84,584 $85,975 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default53rd
Total compensation (D + F), as reported (no adjustments)57th
Reportable pay only (column D), adjusted57th
All sources (D + E + F), adjusted53rd

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 (Michael Guardabascio) 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 49 similarly situated organizations (Same NTEE sector (A33), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $68,992 is reasonable (approximately the 53rd 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.