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Filing year 2023

MORRISTOWN-BEARD SCHOOL

Morristown, New Jersey·EIN 22-1487252·NTEE B250 · Education·501(c)(3)
Total revenue
$34.7M
Total assets
$76.5M
Total expenses
$35.7M
Reported officers
34
Mission

MORRISTOWN BEARD SCHOOL IS AN EDUCATIONAL COLLEGE PREPARATORY SCHOOL IN GRADES 6 TO 12 LOCATED IN MORRISTOWN, NEW JERSEY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Head of School
Officer (Unspecified)
$541k
$607k
Base
$419k
Bonus
Other
$67k
Benefits
$31k
Director of Advancement
Key Employee
75th to 90th percentile
$278k
$312k
Base
$225k
Bonus
Other
$3k
Benefits
$28k
Former Head of School
Former Officer/director/trustee
Median to 75th percentilevs Education peers nationwide
$270k
$303k
Base
$270k
Bonus
Other
Benefits
Dean of Faculty
Key Employee
Median to 75th percentile
$236k
$265k
Base
$186k
Bonus
Other
$3k
Benefits
$28k
Head of Upper School
Highest Compensated Employee
Median to 75th percentile
$224k
$251k
Base
$186k
Bonus
Other
$398
Benefits
$27k
Director of Dei
Highest Compensated Employee
Median to 75th percentile
$220k
$247k
Base
$143k
Bonus
Other
$295
Benefits
$66k
Director of Human Resources
Key Employee
Median to 75th percentile
$218k
$245k
Base
$176k
Bonus
Other
$1k
Benefits
$31k
Technology Teacher
Highest Compensated Employee
Median to 75th percentile
$211k
$237k
Base
$165k
Bonus
Other
$2k
Benefits
$27k
Director of Admission
Highest Compensated Employee
Median to 75th percentile
$194k
$218k
Base
$155k
Bonus
Other
$722
Benefits
$23k
Dir of Facilities
Highest Compensated Employee
25th percentile to median
$162k
$182k
Base
$136k
Bonus
Other
$2k
Benefits
$11k
Chief Financial Officer, Eff. 7/1/23
25th percentile to median
$101k
$113k

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 23 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MORRISTOWN-BEARD SCHOOL equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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.

Up 3%
from 2022

From $526k in 2022 to $541k in 2023.

$526k
2022
$541k
2023
In today's dollarsEst.
Down 1% in real terms$613k to $607k

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.

Pay for the position

Key Employee pay rose 5% from 2022 to 2023, while revenue fell 1%.

$265k in 2022 to $278k in 2023.
  • Former Officer/director/trustee pay held roughly steady from 2022 to 2023.
  • Highest Compensated Employee pay rose 3% from 2022 to 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 MORRISTOWN-BEARD SCHOOL

What does the Key Employee of MORRISTOWN-BEARD SCHOOL earn?

In 2023, the Key Employee of MORRISTOWN-BEARD SCHOOL received $278,242 in total compensation. This pay is in the top quarter for Key Employee roles among Education organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MORRISTOWN-BEARD SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Key Employee at MORRISTOWN-BEARD SCHOOL falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MORRISTOWN-BEARD SCHOOL equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are MORRISTOWN-BEARD SCHOOL's revenue and expenses?

In 2023, MORRISTOWN-BEARD SCHOOL reported $34.7M in total revenue and $35.7M in total expenses on its IRS Form 990.

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