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PeerBasis
Compensation Comparability Determination

Southside Academy Incorporated

Executive Director / CEO

EIN 872120620
NC · NTEE B20
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Jessica Levy, Executive Director / CEO ($55,710) against every comparable organization that fit the selection criteria — 269 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 61st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

269 organizations qualified on sector, size, and geography 269 within the band form the benchmarked peer set.

Distribution of comparable compensation

$152 total compensation of comparable organizations → $169,541 $55,710
$8,93710th
$26,79125th
$42,945Median
$71,15775th
$87,10390th
$55,710This org · 61st
p10$8,937
p25$26,791
p50$42,945
p75$71,157
p90$87,103
$55,710

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 NC 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
Woodside School And Community MA$429,686 President $46,640 $40,562 2024
Splendor Bilingual Montessori School NJ$428,488 Secretary $48,474 $41,886 2024
Cor Deo Christian Academy OR$431,689 Principal Director $93,037 $83,618 2024
Global Connection Academy OH$427,339 Board Member $65,000 $66,629 2024
Sweet Tree Arts ME$426,649 Executive Di $35,846 $34,739 2024
Cornerstone Community School Association KS$432,581 Director $33,327 $33,947 2025
Morning Glory Montessori School CA$434,705 President $187,650 $156,819 2024
Pathway Academy NM$434,930 Principal $69,008 $73,954 2023
Diamante Montessori School IL$422,764 President $8,000 $7,612 2024
Alexandria Classical Christian VA$436,415 Headmaster $34,854 $32,570 2024
Tyler Ind School District Foundation TX$422,347 Executive Director $82,014 $79,398 2024
Windsor Street Montessori School MO$436,941 President $24,000 $23,967 2025
Ft Caroline Baptist Academy FL$421,929 Academy Director $74,700 $67,916 2024
Selle Valley Carden School Inc ID$421,690 Director/teach $32,000 $33,918 2023
Sheltering Tree Ranch Inc TN$437,675 Vice-president $22,375 $23,434 2023
Chesterton Academy Of Rochester NY$438,015 Board Member $39,183 $34,267 2024
Urban Christian Academy IL$420,892 Executive Di $12,000 $11,754 2023
The Education Foundation Of Indian River FL$438,310 Executive Director $81,462 $76,251 2023
Community Homeschool Education Center Inc FL$420,200 Marler $45,880 $42,945 2023
World Builders Academy MO$417,807 President $14,583 $15,390 2023
Communities In Schools Of NC$416,635 President And Ceo $10,990 $10,990 2024
Destiny Christian Academy TX$416,116 Principal $36,000 $34,852 2024
Foothills Christian School WA$444,133 Member $8,000 $6,932 2024
Axiom Christian Classical School NM$444,326 President, Dean Of Athletics & Activities $25,000 $26,791 2023
East Providence Education Association RI$444,361 President $9,696 $8,766 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default61st
Total compensation (D + F), as reported (no adjustments)59th
Reportable pay only (column D), adjusted62nd
All sources (D + E + F), adjusted59th

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 (Jessica Levy) 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 269 similarly situated organizations (Same NTEE sector (B20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $55,710 is reasonable (approximately the 61st 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.