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PeerBasis
Compensation Comparability Determination

Freedom Christian Schools Inc

Executive Director / CEO

EIN 832954340
PA · NTEE B20
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Karissa Costello, Executive Director / CEO ($18,500) against every comparable organization that fit the selection criteria — 258 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 20th percentile of comparable organizationsbelow the typical range for comparable organizations

How comparable organizations were selected

258 organizations qualified on sector, size, and geography 258 within the band form the benchmarked peer set.

Distribution of comparable compensation

$826 total compensation of comparable organizations → $175,667 $18,500
$9,05110th
$24,38025th
$41,237Median
$68,37175th
$90,40590th
$18,500This org · 20th
p10$9,051
p25$24,380
p50$41,237
p75$68,371
p90$90,405
$18,500

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

OrganizationStateTotal revenueTotal compSource
Excel AcademyWY $375,173$51,615 990
Love & Grace Christian Academy IncGA $377,520$58,560 990
Cornerstone Christian AcademyNY $378,306$37,256 990
Midwest Christian Montessori AcademyIL $373,593$78,225 990
Educational Services Corpus Christi CorpPR $380,940$26,600 990
Auburn Teacher's AssociationNY $381,885$6,621 990
Feat Of Southern NevadaNV $382,327$73,728 990
The Helping HouseTX $370,185$75,726 990
Classical Studies Of Central IndianaIN $382,673$14,200 990
In Situ ExplorersNC $369,440$72,397 990
Saint Ambrose AcademyPA $369,386$43,840 990
Enrich Kids NowGA $383,289$28,246 990
Montessori School Of PeoriaIL $368,353$49,328 990
Titus Christian Prep School IncKY $368,296$53,867 990
Shalom Christian Academy And DaycareMO $384,306$118,278 990
Moorhead Legacy Education FoundationMN $367,977$11,890 990
Huaxia Chinese School At Great ValleyPA $384,668$5,148 990
Dominion Equippers IncTX $386,263$8,526 990
Livingston Huaxia Chinese SchoolNJ $387,855$8,976 990
Ivy League Christian AcademyVA $387,935$40,471 990
Erie County Association Of School BoardsNY $362,373$61,696 990
Team Steam Nation IncAZ $390,250$60,757 990
Pacem School IncVT $361,754$53,936 990
Lag AcademyMS $391,574$51,289 990
Graceview Academy Of St CloudFL $360,831$10,583 990

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 PA 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 default20th
Total compensation (D + F), as reported (no adjustments)20th
Reportable pay only (column D), adjusted21st
All sources (D + E + F), adjusted18th

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 (Karissa Costello) 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 258 similarly situated organizations (Same NTEE sector (B20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $18,500 is reasonable (approximately the 20th 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.