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Filing year 2023

MORRIS EDUCATIONAL FOUNDATION INC

Morristown, New Jersey·EIN 22-3205909·NTEE B99J · Education·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.

Executive Director
25th percentile to median
$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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MORRIS EDUCATIONAL FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay fell 42% from 2022 to 2023, while revenue rose 1%.

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

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 MORRIS EDUCATIONAL FOUNDATION INC

What does the Chief Executive Officer of MORRIS EDUCATIONAL FOUNDATION INC earn?

In 2023, the Chief Executive Officer of MORRIS EDUCATIONAL FOUNDATION INC received $59,422 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MORRIS EDUCATIONAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at MORRIS EDUCATIONAL FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at MORRIS EDUCATIONAL FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

What are MORRIS EDUCATIONAL FOUNDATION INC's revenue and expenses?

In 2023, MORRIS EDUCATIONAL FOUNDATION INC reported $889k in total revenue and $901k in total expenses on its IRS Form 990.

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