Morristown-beard School
Only null% goes to programs Strong reserves
Morristown-beard School is a 501(c)(3) organization based in Morristown, New Jersey, registered in 1943, with $34,693,681 in FY2023 revenue. CharityIndex grades it B.
70 Whippany Rd, Morristown, NJ, 07960 EIN 22-1487252 Since 1943
Revenue (FY2023)
$34.7M
▼ 0.8% vs prior year
Education median: $200K
Expenses (FY2023)
$35.7M
Net assets
$69.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Morristown-beard School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating23 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Morristown-beard School: 23 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Morristown-beard School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Morristown-beard School: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 70 Whippany Rd, Morristown, NJ, 07960
- City
- Morristown
- State
- New Jersey
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Website
- …
Financial trends
Revenue grew from $23.4M (FY2013) to $34.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.8MNet assets $69.7M
Operating margin
-2.8%
Spent more than it raised in the latest fiscal year.
Total assets
$76.5M
Total liabilities
$6.8M
Net assets
$69.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $34,693,681▼0.8% | $35,671,137▲4.8% | $69,696,533▲3.0% | $76,540,014▲4.7% | 990 |
| 2022 | $34,984,658▼0.2% | $34,022,511▲4.6% | $67,669,013▲4.0% | $73,085,809▲2.7% | 990 |
| 2021 | $35,071,625▲6.4% | $32,531,347▲6.3% | $65,061,730▼4.3% | $71,175,267▼4.8% | 990 |
| 2020 | $32,953,028▲10.1% | $30,613,612▲2.6% | $68,009,280▲11.3% | $74,759,879▲4.4% | 990 |
| 2019 | $29,916,997▼6.6% | $29,833,282▲1.0% | $61,128,814▲0.3% | $71,594,413▼1.8% | 990 |
| 2018 | $32,033,926▲12.8% | $29,546,969▲7.3% | $60,921,339▲4.8% | $72,886,502▲6.7% | 990 |
| 2017 | $28,403,014▼0.7% | $27,537,249▲3.0% | $58,141,920▲2.9% | $68,327,621▲1.2% | 990 |
| 2016 | $28,588,966▼1.0% | $26,735,324▲1.4% | $56,521,009▲6.0% | $67,546,643▲9.9% | 990 |
| 2015 | $28,875,690▼4.4% | $26,364,581▲3.1% | $53,297,545▲3.4% | $61,450,031▲3.6% | 990 |
| 2014 | $30,195,083▲29.1% | $25,561,861▲8.2% | $51,536,764▲10.2% | $59,310,075▲5.5% | 990 |
| 2013 | $23,388,794 | $23,631,213▲6.3% | $46,785,755▲3.6% | $56,227,605▲3.8% | 990 |
| 2012 | — | $22,231,067▲3.3% | $45,164,978▲4.7% | $54,145,780▲2.5% | 990 |
| 2011 | — | $21,523,182▲3.9% | $43,142,898▼1.3% | $52,827,954▲0.2% | 990 |
| 2010 | — | $20,714,384▲2.3% | $43,728,947▲7.4% | $52,748,250▼0.4% | 990 |
| 2009 | — | $20,256,877 | $40,706,968 | $52,968,614 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.2M total
68 grants to Morristown-beard School totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Morristown-beard School a legitimate nonprofit?
- Yes. Morristown-beard School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-1487252, based in Morristown, New Jersey. Donations are tax-deductible.
- What is Morristown-beard School's EIN?
- Morristown-beard School's Employer Identification Number (EIN) is 22-1487252.
- How much revenue does Morristown-beard School report?
- Morristown-beard School reported $34,693,681 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Morristown-beard School have?
- CharityIndex grades Morristown-beard School B, based on financial health (reserves and operating margin).
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Data for Morristown-beard School (EIN 22-1487252) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.