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PeerBasis
Compensation Comparability Determination

Shes Well Networked Inc

Executive Director / CEO

EIN 923166033
MD · NTEE S43
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Nakeia Drummond, Executive Director / CEO ($35,680) against every comparable organization that fit the selection criteria — 26 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 31st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

26 organizations qualified on sector, size, and geography 26 within the band form the benchmarked peer set.

Distribution of comparable compensation

$11,132 total compensation of comparable organizations → $153,874 $35,680
$19,37610th
$32,27725th
$64,797Median
$106,39375th
$130,69690th
$35,680This org · 31st
p10$19,376
p25$32,277
p50$64,797
p75$106,393
p90$130,696
$35,680

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 MD 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
National Latina Business Women CA$253,923 Exec Director $76,601 $70,750 2024
Causa Local Corporation PR$256,853 Executive Di $129,523 $129,523 2024
Rise Now Inc NY$252,416 President $21,938 $21,204 2024
Women Of Color Entrepreneurs Inc MA$260,431 President $71,500 $70,755 2023
Family Business Network Usa FL$261,078 Executive Director $66,000 $66,319 2024
Owatonna Business Incubator Inc MN$235,748 Executive Di $33,333 $36,271 2023
Launch Inc NC$278,208 Executive Di $111,779 $120,355 2025
Vida Mejor Capital Inc NM$279,345 President $55,000 $63,274 2024
Enterprise Development Corporation MO$285,548 Executive Dir. $100,680 $114,060 2024
Cohabitat Foundation Inc LA$304,436 Executive Director $65,000 $78,819 2023
Ohio Merchants Baseball Organizatio OH$204,782 Treas/manage $48,000 $52,978 2025
Commonwise Education Inc NY$314,772 Executive Dir. $30,769 $29,740 2024
Niche Inc IN$322,461 Executive Director $120,000 $131,869 2025
The Boost Pad NC$171,558 Co-exec. Dir $49,225 $54,404 2024
Tolani Lake Enterprises Inc AZ$345,199 Executive Director $53,820 $55,364 2024
Danville Boyle County Development KY$349,771 Director $29,583 $35,000 2023
Rockford Area Strategic Initiatives IL$358,096 Director $13,565 $14,265 2024
Startupaz Foundation AZ$359,966 President Executive Dir Thru 01/2024 $136,843 $140,768 2024
Nonprofit Solutions CA$361,828 Executive Director $89,238 $84,857 2023
Womens Venture Fund Inc NY$366,243 President & Ceo $159,200 $153,874 2024
Growco Columbia Inc SC$367,881 Executive Director $101,778 $113,572 2024
Iowa Center Loan Fund IA$369,185 President $9,756 $11,132 2025
The Warehouse Business Accelerator CO$370,791 Executive Dir. $80,032 $84,509 2023
Black Wall Street Business Center OK$379,211 President & Ceo $19,500 $22,967 2024
Madison Village For Advanced GA$380,784 Executive Dir. $29,167 $31,369 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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 default31st
Total compensation (D + F), as reported (no adjustments)35th
Reportable pay only (column D), adjusted31st
All sources (D + E + F), adjusted19th

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 (Nakeia Drummond) 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 26 similarly situated organizations (Same NTEE sector (S43), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $35,680 is reasonable (approximately the 31st 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.