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The Peck School

Morristown, NJ · EIN 22-1487293 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Peck School reported $21.1 million in revenue and $19.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.96 went to program services, $19.65 to management and general costs and $4.39 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 80.2% of the total. The highest compensation it reported for one person was $770,711 (HEAD OF SCHOOL). 24 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $21M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
76.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.31$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
13.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
80.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$770,711$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.96%1.28%
People paid over $100,000
Part VII, line 2
248
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
35.613.3
Independent voting board members
Part VI 1a–1b
23 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · grants $974K · revenue $17M

The Peck School, founded in 1893, is an independent coeducational day school providing excellent elementary education to students in kindergarten through eighth grades.during this fiscal year, the school served 357 students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Director/trustee, officer, 40.00 hrs/week
$486,721$0$283,990$770,711
CFO & DIR. OF OPERATIONS
Officer, 40.00 hrs/week
$226,253$0$24,978$251,231
DIRECTOR OF ADVANCEMENT
Key employee, 40.00 hrs/week
$174,421$0$10,493$184,914
DIR. OF TECH., INNOV., & DESIGN
Highest compensated employee, 40.00 hrs/week
$141,906$0$39,777$181,683
HEAD OF UPPER SCHOOL
Highest compensated employee, 40.00 hrs/week
$142,571$0$24,049$166,620
DIR. OF ADMISSIONS & FIN. AID
Highest compensated employee, 40.00 hrs/week
$147,037$0$16,489$163,526
DIR. OF COM. CONNEX. & BELONGING
Highest compensated employee, 40.00 hrs/week
$147,440$0$8,922$156,362
HEAD OF LOWER SCHOOL
Highest compensated employee, 40.00 hrs/week
$143,911$0$8,460$152,371

24 people received more than $100,000 in reportable compensation from The Peck School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$21M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$21M$19M76.0%$58M$770,711
FY2024 ⓘ$21M$19M75.9%$55M$733,895
FY2023 ⓘ$18M$18M76.5%$52M$594,106
FY2022 ⓘ$18M$18M77.1%$50M$595,076
FY2021 ⓘ$23M$18M76.0%$53M$534,256
FY2020 ⓘ$15M$16M75.7%$47M$542,145

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5114
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
JOSEPH A NATOLI CONSTRUCTION CORPORATIO
General construction contractor & projec
$3,303,283
FLIK DINING
Food services
$429,533
IRONBOUND CLEANING SERVICES CORPORATION
Cleaning service
$207,954

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

14 private foundations reported grants to The Peck School totaling $258K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Peck School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Peck School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of The Peck School's spending goes to programs?

In the fiscal year ending June 30, 2025, The Peck School reported that 76.0% of its $19.5 million in expenses went to program services, 19.7% to management and general and 4.4% to fundraising (Form 990, Part IX).

How much does The Peck School pay its top executive?

The largest total compensation The Peck School reported for one person in the fiscal year ending June 30, 2025 was $770,711, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Peck School get its money?

Of $21.1 million in revenue in the fiscal year ending June 30, 2025, 13.1% came from contributions and grants and 80.2% from program service revenue (Form 990, Part VIII).

Is The Peck School a registered charity?

The IRS lists EIN 22-1487293 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202543169349306084 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530289349301248 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323189349312367 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202233189349303713 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133019349300533 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043149349300124 · read the filing

All filings for EIN 22-1487293: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.