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PeerBasis
Compensation Comparability Determination

Progeny Startups Inc

Executive Director / CEO

EIN 834655178
TN · NTEE S20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Rhonnie Brewer, Executive Director / CEO ($88,461) against every comparable organization that fit the selection criteria — 316 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 83rd percentile of comparable organizationswithin the typical range

How comparable organizations were selected

316 organizations qualified on sector, size, and geography 316 within the band form the benchmarked peer set.

Distribution of comparable compensation

$580 total compensation of comparable organizations → $237,292 $88,461
$17,80010th
$36,80325th
$62,338Median
$79,06775th
$109,00290th
$88,461This org · 83rd
p10$17,800
p25$36,803
p50$62,338
p75$79,067
p90$109,002
$88,461

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

OrganizationStateTotal revenueTotal compSource
Shasta Living StreetsCA $367,637$83,927 990
Havre De Grace Arts Collective IncMD $368,009$62,260 990
Good CapitalCO $366,947$912 990
City Center WacoTX $368,676$116,775 990
Main Street Martinez Inc DbaCA $365,098$91,109 990
Rockdale Coalition For Children & Families IncGA $364,279$77,220 990
Ferguson Road InitiativeTX $363,705$50,328 990
Jackson Hill Main Street Management CorporationNJ $363,560$50,502 990
Greater Louisville Foundation IncKY $363,497$34,484 990
Spencer Main Street CompanyIA $363,357$57,520 990
Positive Move NfpIL $361,896$66,687 990
Rebuild Johnston Square NeighborhoodMD $373,940$66,707 990
Paradise Community Homes IncIN $360,807$4,181 990
Disability Pride Philadelphia IncPA $359,480$12,478 990
First African Community Development CorporationGA $376,657$66,960 990
Main Street Of Sterling IncIL $358,284$71,877 990
Southern Boulevard DistrictNY $358,177$68,933 990
Durham Central ParkNC $377,564$84,908 990
Beloit 2020 CorporationWI $358,017$47,691 990
Groundwork Bridgeport IncCT $377,786$130,365 990
Conference Of Western WayneMI $357,625$121,964 990
Virginia Park Community Investment Associates IncMI $357,592$3,535 990
Colorado Smart Cities AllianceCO $357,575$139,477 990
Core Services Group IncNY $357,047$96,273 990
Austin African American Business Network NfpIL $356,485$53,843 990

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 TN 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 default83rd
Total compensation (D + F), as reported (no adjustments)76th
Reportable pay only (column D), adjusted84th
All sources (D + E + F), adjusted79th

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 (Rhonnie Brewer) 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 316 similarly situated organizations (Same NTEE sector (S20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $88,461 is reasonable (approximately the 83rd 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.