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PeerBasis
Compensation Comparability Determination

The L40 Foundation Inc

Executive Director / CEO

EIN 863316706
FL · NTEE N12
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Dylan Palacio, Executive Director / CEO ($6,579) against every comparable organization that fit the selection criteria — 67 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 39th percentile of comparable organizationswithin the typical range

Benchmarked executive: Dylan Palacio — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

67 organizations qualified on sector, size, and geography 67 within the band form the benchmarked peer set.

Distribution of comparable compensation

$54 total compensation of comparable organizations → $195,447 $6,579
$95310th
$2,65525th
$10,284Median
$22,14175th
$36,64390th
$6,579This org · 39th
p10$953
p25$2,655
p50$10,284
p75$22,141
p90$36,643
$6,579

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 FL 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
Whitewater Trail Blazers Snowmobile Club MN$56,824 Gambling Manager $18,660 $19,064 2024
United States Bowling Congress Inc CA$57,017 Association Manager $13,152 $11,743 2024
Iowa Park Recreational Activities TX$57,847 Executive Direc $21,566 $22,964 2023
Pengilly Booster Club MN$55,327 Gambling Manager $29,225 $29,858 2024
Maple Island Park Association MN$57,969 Secretary $22,787 $22,681 2025
Stone Harbor Triathlon Charities Inc NJ$55,123 President $10,750 $9,924 2024
Ohio Valley Hockey Association Inc WV$58,387 Director Emeritus $50 $54 2025
Nelson Community Association MN$54,791 Sec/treas $2,400 $2,452 2024
Crow River Sno Pros Inc MN$54,120 Secretary $1,830 $1,822 2025
United States Bowling Congress NJ$59,199 Association Manager/director $20,800 $19,201 2024
Amigos Y Amigas NM$59,365 Executive Di $9,384 $11,185 2022
Fc Elite Ltd WI$60,460 Co-director $20,004 $21,600 2024
Florence Wine & Food Festival SC$52,675 Executive Director $18,000 $19,416 2024
Archers Usa Foundation AR$60,654 Bm/secretary $20,004 $23,249 2024
Washington City Historical Society UT$52,426 Trustee $2,368 $2,580 2023
Haese Academy Incorporated FL$61,288 President And Ceo $11,700 $11,700 2023
Rakad Dance Camp FL$51,910 Executive Director $7,000 $6,624 2025
Meadowbrook Woods Swim Team VA$62,041 Head Coach $15,260 $15,234 2024
Islamorada Charter Boat Association Inc FL$51,183 Treasurer $18,254 $17,730 2024
Cascade Locks Park Association OH$62,341 Executive Di $26,931 $29,492 2024
Alex Area Usbc MN$50,897 Association Manager $354 $352 2025
Minnesota Valley Snow Riders-redwood MN$50,748 President $100 $102 2024
Youth Athletic Sports Foundation CA$63,049 Director $11,400 $10,178 2024
East End Social Club Of Lowell Mass Inc MA$50,001 Treasurer $1,200 $1,115 2024
Huntingburg Teenage Canteen Inc IN$63,368 Youth Director $10,920 $11,907 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL cost of living and 2023 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 FL 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 default39th
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted48th
All sources (D + E + F), adjusted37th

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 (Dylan Palacio) 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 67 similarly situated organizations (Same NTEE major group (N), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $6,579 is reasonable (approximately the 39th 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.