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PeerBasis
Compensation Comparability Determination

I Am Academy

Executive Director / CEO

EIN 861297592
MI · NTEE O50
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Henry Cherry, Executive Director / CEO ($50,615) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 33rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Henry Cherry — reported title “DIRECTOR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$17,502 total compensation of comparable organizations → $83,500 $50,615
$20,00010th
$46,26525th
$52,980Median
$55,73875th
$74,65490th
$50,615This org · 33rd
p10$20,000
p25$46,265
p50$52,980
p75$55,738
p90$74,654
$50,615

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 MI 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
The Rock Of Kingsley Inc MI$251,336 Executive Director $17,000 $17,502 2023
Grand Valley Amateur Hockey Association MI$309,784 Hockey Director $20,000 $20,000 2024
Girls Build Kalamazoo Inc MI$234,480 Executive Director $20,000 $20,000 2024
Counterpunch Academy MI$232,659 Executive Di $52,980 $52,980 2024
Kingdom Homestead MI$231,794 Executive Di $52,000 $52,000 2024
Open Roads Bike Program MI$216,802 Executive Di $49,771 $51,241 2023
Ann Arbor A's Travel Baseball MI$212,922 President $54,855 $56,475 2023
Holly Area Community Coalition MI$200,022 Director $54,923 $54,923 2024
Common Bond Basketball Club MI$184,574 President $46,000 $47,359 2023
The Dock Ministries MI$184,163 Director $54,459 $54,459 2024
Girls On The Run Of Greater MI$367,408 Executive Di $76,802 $79,071 2023
Fs-detroit Inc MI$375,476 Executive Director $46,366 $45,171 2025
Acts Ii Ministry For Teens MI$388,694 President $66,077 $68,029 2023
The Konnection MI$389,902 Executive Director $55,000 $55,000 2024
Athletic Factory Inc MI$397,563 Executive Di $83,500 $83,500 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MI 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 MI 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 default33rd
Total compensation (D + F), as reported (no adjustments)40th
Reportable pay only (column D), adjusted33rd
All sources (D + E + F), adjusted33rd

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 (Henry Cherry) 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 15 similarly situated organizations (Same NTEE sector (O50) + MI + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $50,615 is reasonable (approximately the 33rd 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.