Purnell School
- Assets
- $4.3m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 56
- Location
- Pottersville, NJ
- Founding
- 09/1964
- Data as of
- 06/2021
- EIN
- 22-1756952
Organization Overview
Purnell School is located in Pottersville, NJ. The organization was established in 1964. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Purnell School employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purnell School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Purnell School generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $5.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SECONDARY EDUCATION FOR YOUNG WOMEN FROM GRADES NINE THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES RESIDENTIAL SECONDARY EDUCATION TO APPROXIMATELY 58 YOUNG WOMEN IN GRADES 9 THROUGH 12. THE SCHOOL ALSO PROVIDES EXTRA-CURRICULAR ACTIVITIES, CULTURAL PROGRAMS, AND OTHER ANCILLARY SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Budd Bugliari Trustee | Trustee | 2 | $0 |
Tracey Mccoy Elliott Trustee | Trustee | 2 | $0 |
Martha Bellis Gregg Trustee | Trustee | 2 | $0 |
Jeremy Jeffery Chairman | OfficerTrustee | 2 | $0 |
Kevin Mclaughlin Trustee | Trustee | 2 | $0 |
Martha Gallo Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,881,607 |
| Investment income | $668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $124 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,105,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $803,730 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $340,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,924,106 |
| Pension plan accruals and contributions | $35,632 |
| Other employee benefits | $279,275 |
| Payroll taxes | $154,631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $673,068 |
| Advertising and promotion | $35,290 |
| Office expenses | $114,253 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $299,993 |
| Travel | $13,544 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $433,150 |
| Insurance | $177,662 |
| All other expenses | $0 |
| Total functional expenses | $5,824,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,236 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $133,364 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,284,615 |
| Accounts payable and accrued expenses | $303,126 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $592,500 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $667,520 |
| Total liabilities | $1,563,146 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,721,469 |