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Filing year 2023

THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC

Montclair, New Jersey·EIN 06-1320335·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$545k
Total assets
$1.8M
Total expenses
$547k
Reported officers
26
Mission

MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE, INC.'S MISSION IS TO BOOST A HIGH QUALITY, INTEGRATED PUBLIC SCHOOL EXPERIENCE FOR ALL 6,000 MONTCLAIR STUDENTS. BY PROVIDING GRANTS, RUNNING PROGRAMS, BUILDING COMMUNITY PARTNERSHIPS, AND LEADING EVENTS, THE ORGANIZATION PROVIDES HOLISTIC AND COMPREHENSIVE SUPPORT TO STUDENTS, TEACHERS, ADMINISTRATORS, AND FAMILIES.

Executive compensation

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

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Executive Director
25th percentile to median
$89k
$100k

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 25 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
16%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2022

From $88k in 2022 to $89k in 2023.

$88k
2022
$89k
2023
In today's dollarsEst.
Down 2% in real terms$102k to $100k

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

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue fell 26%.

$88k in 2022 to $89k 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 THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC

What does the Chief Executive Officer of THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC earn?

In 2023, the Chief Executive Officer of THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC received $89,204 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking 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 THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2023 pay of the Chief Executive Officer at THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC falls between the 25th percentile and the median. In 2023, the highest total compensation at THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC's revenue and expenses?

In 2023, THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE INC reported $545k in total revenue and $547k in total expenses on its IRS Form 990.

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