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Filing year 2023

MORRIS EDUCATIONAL FOUNDATION INC

Morristown, New Jersey·EIN 22-3205909·NTEE B99J · Education·3
Total revenue
$889k
Total assets
$4.5M
Total expenses
$901k
Reported officers
26
Mission

IT IS THE MISSION OF THE MORRIS EDUCATIONAL FOUNDATION TO GENERATE AND DISTRIBUTE FINANCIAL AND OTHER RESOURCES TO AND FOR THE MORRIS SCHOOL DISTRICT.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Director
$59k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 unpaid individuals.

Browse compensation in Education

Down 42%
from 2022

From $103k in 2022 to $59k in 2023.

$103k
2022
$59k
2023
In today's dollarsEst.
Down 44% in real terms$119k to $66k

Estimated with BLS CPI-U for the Northeast region, 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.
Financial trend

Revenue and expenses over time

MORRIS EDUCATIONAL FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$876k
$821k
2022
$889k
$901k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in New Jersey

Comparable education organizations in New Jersey pay their highest-earning executive a median of $143,489.

25th percentile
$50k
Median
$143,489
75th percentile
$228k
90th percentile
$529k

These are education sector-wide figures, not this organization's reported pay. Based on 259 organizations across 259 filings (2021 – 2023).

See full Education pay data for New Jersey
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