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Filing year 2023

FRIENDS OF MARION P THOMAS CHARTER SCHOOL INC

Newark, New Jersey·EIN 02-0731318·NTEE B11 · Education·501(c)(3)
Total revenue
$5.9M
Total assets
$70.5M
Total expenses
$3.7M
Reported officers
9
Mission

FRIENDS OF MARION P. THOMAS (FRIENDS) WAS INCORPORATED FOR THE PURPOSE OF PROVIDING SUPPORT, THROUGH ASSETS AND RESOURCES, THE ACADEMIC, SOCIAL AND FINANCIAL INITIATIVES OF NEWARK STUDENTS AND FAMILIES WHO ARE PART OF THE MARION P. THOMAS CHARTER SCHOOL.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Exec Dir Unt
Officer (Unspecified)
$132k
$148k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRIENDS OF MARION P THOMAS CHARTER SCHOOL INC equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 1%
from 2022

From $130k in 2022 to $132k in 2023.

$130k
2022
$132k
2023
In today's dollarsEst.
Down 3% in real terms$152k to $148k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRIENDS OF MARION P THOMAS CHARTER SCHOOL INC

What are FRIENDS OF MARION P THOMAS CHARTER SCHOOL INC's revenue and expenses?

In 2023, FRIENDS OF MARION P THOMAS CHARTER SCHOOL INC reported $5.9M in total revenue and $3.7M in total expenses on its IRS Form 990.

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