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PeerBasis
Compensation Comparability Determination

Armour Inc

Executive Director / CEO

EIN 824343272
MD · NTEE P99
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Joseph Boyd, Executive Director / CEO ($156,000) against every comparable organization that fit the selection criteria — 129 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 98th percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

129 organizations qualified on sector, size, and geography 129 within the band form the benchmarked peer set.

Distribution of comparable compensation

$327 total compensation of comparable organizations → $192,593 $156,000
$12,91210th
$28,52725th
$49,826Median
$72,07775th
$92,00190th
$156,000This org · 98th
p10$12,912
p25$28,527
p50$49,826
p75$72,077
p90$92,001
$156,000

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 MD 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
Hope Fostered Inc KS$216,642 Ceo $68,153 $78,755 2024
Daily Ascension Partners Program CA$217,434 Executive Director $48,423 $46,045 2023
Inner Court Family Center OR$216,046 Executive Dir. $4,200 $4,295 2023
Gift Of Surrogacy Foundation Inc GA$217,828 Treasurer $29,176 $31,379 2024
Our Daily Bread Foundation NC$218,978 Executive Dir. $9,996 $11,048 2024
Ruths House Inc CT$214,765 Founder/pres. $13,200 $13,238 2024
Webster Hope Inc NY$219,053 Director $54,183 $52,370 2024
Fit And Faithful Living Inc TX$214,407 Cofounding Vice President $28,800 $30,815 2024
Senior Veterans Inc CO$213,990 Ceo/president $50,500 $51,795 2024
Project Prosper Inc FL$213,822 Executive Director $103,726 $104,227 2024
Victoria's Friends Inc GA$220,055 Ceo/president $55,071 $59,228 2024
Your Hometown Heroes Inc IN$220,770 President $95,271 $110,638 2023
Riseup Networks WA$211,636 Treasurer $13,202 $13,016 2023
Santa Fe Community Yoga Center NM$223,444 Executive Director $42,151 $49,925 2023
Victory Hill Therapeutic Horsmanship Inc NY$223,843 Director $850 $846 2023
Clothe Your Neighbor As Yourself In FL$223,988 President / $60,019 $62,091 2023
Grandparents Raising Grandchildren FL$209,556 Executive Di $36,550 $36,727 2024
Little Wish Foundation Inc IN$224,381 President/ce $77,896 $90,461 2023
The Common Good Soup Kitchen Community ME$224,422 Executive Director $45,000 $48,198 2024
Warren County Small Business Development OH$209,273 Exec Director $80,496 $91,194 2024
Ride For Joy ID$224,899 Executive Dir. $62,969 $71,650 2024
Northside Mennonite Child Care OH$225,537 Director $34,876 $40,678 2023
Kids In Crisis Intervention Team IN$225,640 Executive Director (Part Year) $31,806 $36,936 2023
Music Therapy Of The Rockies CO$208,047 Executive Director $60,000 $61,538 2024
Merrimack Valley Dream Center Inc MA$226,466 President And Execuitve Director $13,000 $12,495 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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 default98th
Total compensation (D + F), as reported (no adjustments)98th
Reportable pay only (column D), adjusted99th
All sources (D + E + F), adjusted95th

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 (Joseph Boyd) 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 129 similarly situated organizations (Same NTEE sector (P99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $156,000 is reasonable (approximately the 98th 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.