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PeerBasis
Compensation Comparability Determination

Grace Line Inc

Executive Director / CEO

EIN 861040503
TX · NTEE X21
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Fred Chay, Executive Director / CEO ($108,944) against every comparable organization that fit the selection criteria — 30 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 77th percentile of comparable organizationswithin the typical range

Benchmarked executive: Fred Chay — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

30 organizations qualified on sector, size, and geography 30 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,595 total compensation of comparable organizations → $226,158 $108,944
$10,84110th
$33,55725th
$51,401Median
$102,59675th
$152,55090th
$108,944This org · 77th
p10$10,841
p25$33,557
p50$51,401
p75$102,596
p90$152,550
$108,944

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 TX 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
Jwb Ministries Inc TX$230,621 President $42,789 $44,053 2023
The Spirit Of Elijah Ministries International TX$222,082 Executive Director $133,883 $133,883 2024
Legacy Ministries Of El Paso Inc TX$218,882 Director $69,745 $74,749 2022
Remnant Ministries TX$237,681 President $151,647 $151,647 2024
New Life International Christian TX$215,901 President $73,872 $76,054 2023
Masters Arrow Ministries Inc TX$215,526 President/ex $2,521 $2,595 2023
Mosaic Vision Ministries Inc TX$215,498 President $5,000 $5,000 2024
Bridge Ministries Of Laredo Inc TX$240,478 President $34,800 $35,828 2023
Hope Is On The Rise TX$215,222 Pastor $30,983 $35,865 2021
Danny Hubbell Evangelistic Min TX$240,985 President $90,000 $90,000 2024
James Rackley Ministries Inc TX$214,234 President $52,500 $54,051 2023
Mision De Candelilla TX$248,988 Executive Dir. $24,760 $24,760 2024
International Association Of Baptist Colleges And Universities TX$206,826 Executive Secretary $48,750 $48,750 2024
Iconnect International TX$204,266 Ceo $42,000 $43,241 2023
Mission Alive TX$256,076 Executive Director $106,795 $106,795 2024
Grateful Fellowship Community TX$195,344 Office Manager $78,000 $80,304 2023
St Paul Missionary Baptist Church TX$194,151 Clerk $15,424 $15,424 2024
Wesley Putnam Ministries TX$192,585 Pres/exec.di $160,674 $160,674 2024
New Glory International TX$272,043 President $124,134 $124,134 2024
Love Worth Sharing Evangelistic Ministries Inc TX$278,439 President $11,490 $11,490 2024
Igniting Prayer Action TX$282,020 President $120,000 $120,000 2024
Uk Usa Ministries TX$163,586 Director $21,000 $21,000 2024
Laymans Retreat At Round Top TX$306,714 Foreman $40,000 $38,969 2025
Logos Leaders Outreach TX$307,823 Executive Director $219,670 $226,158 2023
Cowboy-up International Inc TX$309,598 President/ce $32,800 $32,800 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default77th
Total compensation (D + F), as reported (no adjustments)77th
Reportable pay only (column D), adjusted90th
All sources (D + E + F), adjusted77th

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 (Fred Chay) 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 30 similarly situated organizations (Same NTEE sector (X21) + TX + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $108,944 is reasonable (approximately the 77th 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.