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PeerBasis
Compensation Comparability Determination

Groww Education Inc

Executive Director / CEO

EIN 923659537
WI · NTEE W70
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Jenelle Ludwig Krause, Executive Director / CEO ($15,364) against every comparable organization that fit the selection criteria — 31 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: Jenelle Ludwig Krause — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

31 organizations qualified on sector, size, and geography 31 within the band form the benchmarked peer set.

Distribution of comparable compensation

$835 total compensation of comparable organizations → $117,066 $15,364
$1,29210th
$4,66525th
$10,210Median
$32,59675th
$63,06790th
$15,364This org · 61st
p10$1,292
p25$4,665
p50$10,210
p75$32,596
p90$63,067
$15,364

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 WI 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 Howard K Finch Memorial Fund NY$40,452 Trustee $1,493 $1,292 2023
State Services Organization Inc DC$40,315 Interim Executive Director $143,437 $117,066 2024
Distribution And Assistance Inc MO$46,255 President $12,000 $11,821 2024
Lucy Harper Grier Benevolent Foundation SC$38,704 Secretary $44,976 $43,639 2024
Miriam Foundation SC$48,535 Executive Di $65,000 $63,067 2024
National Association Of Consumer DC$49,419 Executive Dir. $5,990 $5,033 2023
Arthur Butler Post 359 The American NY$35,783 1st Vice Commander $11,800 $10,210 2023
Innsure Corporation MA$49,677 President $49,492 $47,881 2021
Kck 501 Minnesota All Inc KS$49,987 Vice President $61,208 $61,500 2024
Michigan Forest Association MI$51,107 Executive Director $10,500 $10,080 2024
New Jersey Utility Shareholders NJ$51,280 President $28,000 $23,251 2024
Reserve Officers Association Memorial DC$33,751 Executive Director $18,644 $15,666 2023
Brave New Films Action Fund 501(c)4 CA$51,523 Cfo $4,390 $3,526 2024
Flite Test Community Association OH$33,644 Vice President $14,926 $15,137 2023
Valley Water Company CO$52,473 Director $7,800 $6,777 2025
Ojpac Inc NY$32,253 Executive Director, Trustee $19,600 $16,959 2023
Genius 100 Foundation Us NY$53,600 Ceo Secretary And Director $48,600 $40,845 2024
Partners Making A Difference MI$54,116 President $104,094 $99,927 2024
Us Pugwash DC$30,200 Executive Director $6,000 $5,042 2023
Institute For International MA$55,760 President $1,000 $835 2024
Beyond Housingnhs Community Lending MO$55,886 President $8,454 $8,327 2024
Stamford Veterans Park Partnership Inc CT$57,293 Executive Director $82,500 $70,088 2025
National Executive Forum Inc MD$57,500 President $28,000 $24,347 2024
Nebraska Association Of Former State Legislators NE$58,432 Executive Director $1,000 $1,000 2024
Veterans Of Foreign Wars Department Of CA$58,540 Quarter Master $12,000 $9,637 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WI 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 WI 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)61st
Reportable pay only (column D), adjusted71st
All sources (D + E + F), adjusted48th

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 (Jenelle Ludwig Krause) 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 31 similarly situated organizations (Same NTEE major group (W), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $15,364 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.