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PeerBasis
Compensation Comparability Determination

Palmisano Foundation Inc

Executive Director / CEO

EIN 844402401
LA · NTEE O99
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Sherry Serio, Executive Director / CEO ($73,793) against every comparable organization that fit the selection criteria — 74 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 82nd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

74 organizations qualified on sector, size, and geography 74 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,385 total compensation of comparable organizations → $147,178 $73,793
$13,00310th
$23,95825th
$47,743Median
$66,72975th
$83,17090th
$73,793This org · 82nd
p10$13,003
p25$23,958
p50$47,743
p75$66,729
p90$83,170
$73,793

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 LA 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
Mnc 1240 Valencia Inc CA$368,991 Treasurer $35,919 $28,999 2023
Michael's Daughter Foundation CA$369,362 President $14,000 $11,303 2023
Life Decisions Inc IL$374,246 Chief Vision $35,927 $32,076 2024
Two Cranes Institute WA$359,544 President & Exec. $67,000 $54,476 2024
Dream Big Basketball Academy NC$359,535 Executive Director $50,400 $47,294 2024
Made For More Foundation Inc FL$359,152 President $76,231 $65,036 2024
Fathers And Families Coalition UT$357,457 Executive Director $35,699 $32,326 2025
Seacoast Outright NH$379,006 Executive Director End 10/16/2023 $52,712 $45,508 2023
Art From Ashes Incorporated CO$379,371 Exec Dir $67,157 $60,209 2023
The North Dakota High School Rodeo Association Inc ND$379,751 National Director $2,265 $2,257 2024
Cactus League Baseball Association Inc AZ$353,986 Executive Director - Nonvoting $133,350 $119,907 2023
Run Minnesota MN$352,201 Executive Director $56,135 $50,373 2024
Yours Ministry VA$350,896 President/treasurer $60,000 $52,612 2024
Bethpage Discovery Program Inc NY$348,657 Director $15,358 $12,976 2023
300 For 300 MI$386,925 Executive Director $77,268 $72,428 2024
So Kids Soar DC$347,935 Executive Dir. $104,615 $85,833 2023
Lexington Fraternal Order Of KY$347,585 President $5,000 $4,878 2024
The Children Are Our Future NM$387,948 President $6,000 $6,034 2023
Avenue941 Inc FL$347,323 Executive Director $71,142 $60,694 2024
Mulberry International KY$347,266 Executive Director $48,900 $46,482 2025
Walltown Childrens Theatre NC$390,241 Executive Director $18,000 $16,891 2024
Connecting For Kids Of Westlake Oh OH$397,222 Executive Di $49,210 $47,334 2024
Focusedkids CO$398,476 Executive Director $71,500 $62,263 2024
Pathways Core Training Inc TX$335,776 Executive Director $87,130 $81,490 2023
Kids In Focus AZ$335,244 Interim Executive Director $64,552 $56,379 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to LA 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 LA 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 default82nd
Total compensation (D + F), as reported (no adjustments)70th
Reportable pay only (column D), adjusted74th
All sources (D + E + F), adjusted78th

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 (Sherry Serio) 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 74 similarly situated organizations (Same NTEE sector (O99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $73,793 is reasonable (approximately the 82nd 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.