Overview
What is Morristown-Beard School?
Morristown-Beard School is an independent, co-educational day institution based in Morristown, New Jersey. Serving students from over 85 communities and nine counties in Northern New Jersey, the school has a student body of 600, comprised of an upper school with 450 pupils and a middle school of 150. The institution is renowned for preparing students exceptionally well for college and university studies. The students acquire strong skills in critical thinking, writing, and time management, making them stand out among entering college students. These abilities enable them to thrive in the 21st century, with qualities such as communication, collaboration, and problem-solving being essential for their success. Morristown-Beard School is an educational college preparatory institution catering to students from grades 6 to 12.
Official website here: www.mbs.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Morristown-Beard School has received an impressive Four-Star rating from Charity Navigator, which indicates a high level of accountability and financial management. The rating is based entirely on a strong performance in the Accountability & Finance beacon, showcasing the organization's commitment to transparency and responsible stewardship of resources.
The organization boasts a highly independent board, with 95% of its members being independent, which contributes to effective governance and decision-making. Furthermore, it has demonstrated sound financial practices, with a low liabilities-to-assets ratio and a significant portion of its expenses directed towards programs, reflecting its mission-driven focus.
Overall, while the rating paints a positive picture of Morristown-Beard School's operations, it is important to recognize that this evaluation primarily centers on financial accountability. Users seeking a comprehensive view of the organization's impact on the community may need to consider additional factors beyond the financial metrics provided.
This AI summary has been generated from information found on Charity Navigator.
Is Morristown-Beard School legitimate?
Morristown-Beard School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morristown-Beard School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,205,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,334,326
For more financial information, click here
Official website here: www.mbs.net
What is the mission statement of Morristown-Beard School?
Morristown-Beard School is an independent, co-educational day school catering to students in grades 6 to 12. With a student body of over 600, it prepares students exceptionally well for the rigors of college and university studies. The skills students acquire at Morristown-Beard School in critical thinking, writing, and time management equip them with a competitive edge among entering college students. These abilities, along with the qualities of mind they develop, position them for success long after college. Morristown-Beard School fosters strengths in communication, collaboration, and problem-solving, making it an institute renowned for producing well-rounded individuals capable of thriving in the 21st century.
Official website here: www.mbs.net
Who is the CEO of Morristown-Beard School?
Philicia Levinson is the Head Of School As Of July 2021 of Morristown-Beard School.
Official website here: www.mbs.net
What is the revenue of Morristown-Beard School?
Morristown-Beard School's revenue in 2022 was $35,071,625.
Official website here: www.mbs.net
Who are the executives of Morristown-Beard School and what are their salaries?
The average compensation at Morristown-Beard School during 2022 was $45,014. There are 323 employees and 125 volunteers at Morristown-Beard School.
Here are 34 key members and their salaries:
- Compensation: $230,088
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- Other: $25,889
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- Compensation: $195,061
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- Other: $42,518
- Compensation: $206,311
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- Other: $100,330
- Compensation: $184,884
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- Other: $45,019
- Compensation: $217,488
- Related: $0
- Other: $48,257
- Compensation: $183,280
- Related: $0
- Other: $38,352
- Compensation: $149,521
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- Other: $68,580
- Compensation: $139,158
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- Other: $44,775
- Compensation: $138,016
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- Other: $36,939
- Compensation: $332,700
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- Other: $33,675
Official website here: www.mbs.net
Where can I find the form 990 for Morristown-Beard School?
Morristown-Beard School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbs.net
Learn more at the official website: www.mbs.net
Mission Statement of Morristown-Beard School
Morristown-Beard School, an independent, coeducational day school, serves students from over 85 communities and nine counties in northern New Jersey. With a student body of 600, the school caters to students in grades 6 to 12, with an upper school enrollment of 450 and a middle school of 150. The school is renowned for preparing its students exceptionally well for the challenges of college and university studies.
Morristown-Beard School's unique educational approach equips its students with essential skills, setting them apart among entering college students. They develop exceptional thinking, writing, and time management abilities, giving them a competitive edge. The qualities of mind they acquire during their tenure at Morristown-Beard School position them for success long after college. These valuable strengths, including communication, collaboration, and problem-solving, make it to nearly every list of capabilities for 21st-century success.
Morristown-Beard School is a college preparatory institution that goes beyond just academics. It's a place where students not only learn but also grow into well-rounded individuals. The school is committed to fostering an environment that nurtures critical thinking, creativity, and intellectual curiosity. Its students leave with a strong foundation, ready to face the complexities and challenges of the modern world.
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Impact
August, 2024
Morristown-Beard School has a significant impact on its students, preparing them exceptionally well for the challenges of college and beyond. With a focus on developing critical thinking, writing, and time management skills, students leave MBS equipped with the tools necessary for success in the 21st century. The school's commitment to fostering qualities of mind such as communication, collaboration, and problem-solving sets its graduates apart and positions them for long-term success in their academic and professional endeavors.
This information is meant to be a general summary of Morristown-Beard School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $417,378
- Program Service Revenue: $30,354,924
- Gross Receipts: $35,076,625
Assets and Liabilities:
- Total Assets: $71,175,267
- Total Liabilities: $6,113,537
- Net Assets: $65,061,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$28,732,666
AUXILIARY REVENUE
Revenue
$1,216,199
CLUB & ACTIVITY FEES
Revenue
$406,059
Organization Details
Founding Year
1939
Phone
(973) 539-3032Principal Officer
Philicia Levinson
Main Address
70 WHIPPANY ROAD, MORRISTOWN, NJ, 07960
Website
www.mbs.netNTEE Category
Code: B250 - Education
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