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PeerBasis
Compensation Comparability Determination

Shadow On The Water Inc

Executive Director / CEO

EIN 882395850
IN · NTEE X22
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michael Nolan, Executive Director / CEO ($100,000) against every comparable organization that fit the selection criteria — 28 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 93rd percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

28 organizations qualified on sector, size, and geography 28 within the band form the benchmarked peer set.

Distribution of comparable compensation

$9,006 total compensation of comparable organizations → $112,113 $100,000
$13,39410th
$29,99425th
$45,732Median
$77,12175th
$96,61390th
$100,000This org · 93rd
p10$13,394
p25$29,994
p50$45,732
p75$77,121
p90$96,613
$100,000

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 IN 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
St Philip Neri House Inc NY$333,171 President $54,542 $45,395 2024
Catholic Education Opportunities KY$325,341 Executive Di $75,000 $76,409 2023
Evangelium Institute Inc NE$323,336 Executive Director $97,335 $99,273 2023
Saint Benedict's Chapel Inc TX$318,375 Executive Director $50,000 $46,068 2024
Lamp Ministries NY$315,153 President $43,160 $34,996 2025
Global Community Fellowship Inc NC$365,822 President / Executive Director $83,280 $79,258 2024
Carolina Catholic Athletic Association Inc NC$294,216 Program Manager $47,500 $45,205 2024
Lay Mission Helpers Association CA$292,156 Executive Dir. $90,697 $74,265 2023
Keep The Faith Inc NJ$387,665 President $50,000 $40,058 2025
Veritas Catholic Information Center SC$393,038 Executive Director Thru 6/2024 $30,492 $29,299 2024
Modern Catholic Pilgrim CA$394,527 President $62,897 $51,502 2023
Order Of St Michael NY$278,543 Pres $16,491 $13,725 2024
Souls Of The Christian Apostolate CO$405,786 President $90,000 $79,487 2024
Canticle Inc CA$270,391 Executive Dir. $64,616 $52,909 2023
The Thomas Merton Institute For Catholic Life Inc NY$408,326 Ceo $40,282 $33,526 2024
My Catholic Cause OH$269,562 President And Trustee $24,000 $23,413 2024
Portuguese Holy Ghost Society Inc CT$268,021 Vice Preside $10,428 $9,006 2024
Sqpn Inc Not Open For Public Insp GA$267,367 Ceo $109,350 $101,270 2024
Catholic Mission Trips Inc TX$411,542 Executive Director $20,959 $19,311 2024
In Ipso CO$252,899 President $105,000 $95,473 2023
Visitation Auxiliary Inc AL$252,420 President $42,328 $43,363 2023
Pew Ministries Inc TN$248,610 President $115,800 $112,113 2024
Bethany House Of Prayer Inc MA$242,821 Executive Director $70,722 $60,264 2023
Sisters Of Our Lady Of Perpetual Help CA$443,296 Ceo $15,600 $12,088 2025
The Society Of The Missionaries Of CT$446,068 Prov. Animator $33,996 $30,226 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IN 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 IN 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 default93rd
Total compensation (D + F), as reported (no adjustments)89th
Reportable pay only (column D), adjusted93rd
All sources (D + E + F), adjusted93rd

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 (Michael Nolan) 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 28 similarly situated organizations (Same NTEE sector (X22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $100,000 is reasonable (approximately the 93rd 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.