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PeerBasis
Compensation Comparability Determination

Educate Nky Inc

Executive Director / CEO

EIN 931526314
KY · NTEE B01
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Cheye Calvo - Joined 82024, Executive Director / CEO ($114,583) against every comparable organization that fit the selection criteria — 71 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 97th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Cheye Calvo - Joined 82024 — reported title “PRESIDENT &”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

71 organizations qualified on sector, size, and geography 71 within the band form the benchmarked peer set.

Distribution of comparable compensation

$194 total compensation of comparable organizations → $212,778 $114,583
$3,45810th
$5,88625th
$13,624Median
$31,89775th
$69,38690th
$114,583This org · 97th
p10$3,458
p25$5,886
p50$13,624
p75$31,897
p90$69,386
$114,583

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 KY 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
Mcfarlane-cure Charitable Trust WI$23,904 Trustee $200 $194 2024
The Gavin Dillard Poetry Library And Archive Inc NC$24,034 Founder $900 $866 2024
The Environmental Charter School PA$24,329 Trustee $54,032 $50,153 2024
Laker Educational Foundation MN$23,401 Executive Dir. $6,590 $5,905 2025
Literacy Volunteers Of Fauquier County VA$23,398 Executive Director $11,000 $9,886 2024
Downtowners Inc OH$24,557 Executive Director $4,000 $3,943 2024
Local 417 Scholarship Fund NY$22,978 Trustee $108,364 $88,793 2025
Barbara Jordan Institute TX$24,868 Executive Director $3,607 $3,458 2023
Painting Hope MN$24,886 President $25,500 $23,453 2024
Achieving Academic Success CO$22,822 Executive Director $17,050 $15,217 2024
National Marine Inst Inc FL$25,115 Executive Director $21,600 $18,887 2024
Elias E Tucker Trust Fund ME$22,394 President/director $228,295 $212,778 2024
Raise A Child Of The Carolinas NC$25,544 Ceo $3,992 $3,839 2024
The Exploris Foundation NC$22,055 Board Member $9,462 $9,368 2023
Cardinal Funds Inc IN$25,806 Board Member $30,811 $31,136 2023
The Kinkaid Investments Foundation TX$25,940 Cfo $42,194 $40,446 2023
Tidioute Library Association Inc PA$25,967 Executive Director $20,873 $19,947 2023
The Professional Institute For PA$21,644 Executive Director $35,000 $33,447 2023
Norris Square Education Corporation PA$21,499 Ceo-xiente $16,868 $15,657 2024
The Freidenrich Support Foundation CA$26,259 Director/secretary/treasurer $31,436 $25,266 2024
American Chiropractic Foundation VA$26,437 Executive Vice President $17,826 $16,494 2023
Sizer School Foundation Inc MA$21,296 Board Memeber $6,749 $5,811 2023
Alumnae Association Of The Lenox Hill NY$21,224 President/editor Of Echo $10,000 $8,659 2023
Berlin Free Library Association CT$26,698 Head Librarian $15,068 $13,150 2024
Sheffield Township Library PA$26,715 Librarian $15,152 $14,064 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KY 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 KY 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 default97th
Total compensation (D + F), as reported (no adjustments)96th
Reportable pay only (column D), adjusted99th
All sources (D + E + F), adjusted62nd

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 (Cheye Calvo - Joined 82024) 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 71 similarly situated organizations (Same NTEE major group (B), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $114,583 is reasonable (approximately the 97th 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.