Elisabeth Morrow School
Elisabeth Morrow School: Strong Assets, Consistent Revenue, and Program Focus
EIN: 221487171 · Englewood, NJ · NTEE: B200 · Updated: 2026-04-04
About Elisabeth Morrow School
Elisabeth Morrow School (EIN: 221487171) is a nonprofit organization based in Englewood, NJ, classified under NTEE code B200. The organization reported total revenue of $20.4M and total assets of $50.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elisabeth Morrow School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elisabeth Morrow School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Elisabeth Morrow School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the overall spending breakdown suggests a strong focus on program delivery rather than excessive administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Elisabeth Morrow School:
- Consistent revenue generation, averaging around $18-20 million annually, indicates stable donor support and tuition income.
- Significant growth in total assets from $33.9M in 2016 to $50.4M in 2023 demonstrates strong financial health and investment management.
- A high percentage of spending dedicated to programs (estimated 85%) reflects a strong commitment to its educational mission.
- The school has consistently maintained a positive net asset position, indicating long-term financial viability.
- Low fundraising costs (estimated 5%) suggest efficient resource allocation for development activities.
Frequently Asked Questions about Elisabeth Morrow School
What does Elisabeth Morrow School do?
Elisabeth Morrow School is a nonprofit organization in the Education sector, located in Englewood, New Jersey. It is classified under NTEE code B200.
How much revenue does Elisabeth Morrow School have?
Elisabeth Morrow School reported total revenue of $20,371,567. Based on 12 IRS 990 filings on record.
What are Elisabeth Morrow School's total assets?
Elisabeth Morrow School holds total assets of $50,479,511 as reported in IRS 990 filings.
Where is Elisabeth Morrow School located?
Elisabeth Morrow School is based in Englewood, New Jersey.
What is Elisabeth Morrow School's EIN?
Elisabeth Morrow School's Employer Identification Number (EIN) is 221487171. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Elisabeth Morrow School?
Elisabeth Morrow School is classified under NTEE code B200 (Education).
Is Elisabeth Morrow School a registered 501(c)(3)?
Yes, Elisabeth Morrow School is recognized as a tax-exempt organization by the IRS. EIN: 221487171.
Does Elisabeth Morrow School file IRS Form 990?
Yes, Elisabeth Morrow School has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Elisabeth Morrow School's revenue in 2023?
In the 202306 filing period, Elisabeth Morrow School reported total revenue of $18,797,057, total expenses of $19,806,267, and net assets of $47,261,656.
Is Elisabeth Morrow School's revenue growing or declining?
Elisabeth Morrow School's revenue is relatively stable. Revenue went from $19,647,843 (202206) to $18,797,057 (202306), a -4.3% change. Based on 12 filings on record.
What is Elisabeth Morrow School's most recent 990 filing?
The most recent IRS Form 990 filing for Elisabeth Morrow School covers tax period 202306. It shows revenue of $18,797,057, expenses of $19,806,267, total assets of $47,261,656, and liabilities of $7,948,776.
How much does Elisabeth Morrow School spend on programs vs administration?
Based on IRS 990 analysis, Elisabeth Morrow School allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Elisabeth Morrow School a trustworthy charity?
Based on AI analysis of IRS 990 data, Elisabeth Morrow School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Elisabeth Morrow School's strengths?
Positive indicators for Elisabeth Morrow School include: Consistent revenue generation, averaging around $18-20 million annually, indicates stable donor support and tuition income.. Significant growth in total assets from $33.9M in 2016 to $50.4M in 2023 demonstrates strong financial health and investment management.. A high percentage of spending dedicated to programs (estimated 85%) reflects a strong commitment to its educational mission.. The school has consistently maintained a positive net asset position, indicating long-term financial viability.. Low fundraising costs (estimated 5%) suggest efficient resource allocation for development activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Elisabeth Morrow School compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the overall spending breakdown suggests a strong focus on program delivery rather than excessive administrative costs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the school managed to grow its assets by over $16 million from 2016 to 2023 despite relatively stable annual revenues?
The growth in assets from $33.9M in 2016 to $50.4M in 2023, while revenues remained stable around $18-20M, suggests effective investment strategies, prudent financial management, and potentially significant capital contributions or endowment growth not fully reflected in annual operating revenue figures.
Filing History
IRS 990 filing history for Elisabeth Morrow School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Elisabeth Morrow School's revenue has grown by 54.3%, moving from $12.2M to $18.8M. Total assets increased by 57.1% over the same period, from $30.1M to $47.3M. Total functional expenses rose by 53.3%, from $12.9M to $19.8M. In its most recent filing year (2023), Elisabeth Morrow School reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $7.9M in liabilities against $47.3M in assets (debt-to-asset ratio: 16.8%), resulting in net assets of $39.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $18.8M | $19.8M | $47.3M | $7.9M | — | View 990 |
| 2022 | $19.6M | $18.9M | $45.9M | $7.3M | — | View 990 |
| 2021 | $20.3M | $19.7M | $43.8M | $3.8M | — | View 990 |
| 2020 | $19.0M | $19.1M | $40.9M | $5.3M | — | View 990 |
| 2019 | $20.2M | $18.6M | $39.3M | $3.9M | — | View 990 |
| 2018 | $17.2M | $17.0M | $36.3M | $2.5M | — | View 990 |
| 2017 | $16.2M | $16.2M | $35.0M | $2.4M | — | View 990 |
| 2016 | $16.5M | $15.4M | $33.9M | $2.8M | — | View 990 |
| 2015 | $13.7M | $13.5M | $32.9M | $2.7M | — | View 990 |
| 2014 | $12.4M | $13.0M | $32.4M | $2.6M | — | View 990 |
| 2013 | $12.1M | $12.3M | $30.8M | $2.3M | — | View 990 |
| 2012 | $12.2M | $12.9M | $30.1M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.8M, expenses of $19.8M, and assets of $47.3M (revenue -4.3% year-over-year).
- 2022: Revenue of $19.6M, expenses of $18.9M, and assets of $45.9M (revenue -3.2% year-over-year).
- 2021: Revenue of $20.3M, expenses of $19.7M, and assets of $43.8M (revenue +6.9% year-over-year).
- 2020: Revenue of $19.0M, expenses of $19.1M, and assets of $40.9M (revenue -6.1% year-over-year).
- 2019: Revenue of $20.2M, expenses of $18.6M, and assets of $39.3M (revenue +17.2% year-over-year).
- 2018: Revenue of $17.2M, expenses of $17.0M, and assets of $36.3M (revenue +6.7% year-over-year).
- 2017: Revenue of $16.2M, expenses of $16.2M, and assets of $35.0M (revenue -2.0% year-over-year).
- 2016: Revenue of $16.5M, expenses of $15.4M, and assets of $33.9M (revenue +20.8% year-over-year).
- 2015: Revenue of $13.7M, expenses of $13.5M, and assets of $32.9M (revenue +10.5% year-over-year).
- 2014: Revenue of $12.4M, expenses of $13.0M, and assets of $32.4M (revenue +2.1% year-over-year).
- 2013: Revenue of $12.1M, expenses of $12.3M, and assets of $30.8M (revenue -0.7% year-over-year).
- 2012: Revenue of $12.2M, expenses of $12.9M, and assets of $30.1M.
Data Sources and Methodology
This transparency report for Elisabeth Morrow School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.