Charity Search / ALBROOK SCHOOL
Education (B200) IRS Verified DX Registered 990 on File

ALBROOK SCHOOL

EIN: 22-2271831 · BASKING RIDGE, NJ 07920-2924 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 100/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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ALBROOK SCHOOL logo
CharityAI™ Score
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Mission Statement

The Montessori philosophy of teaching the whole child has instilled a love of learning for 45 years in a caring, peaceful environment at The Albrook School. The focus is to develop the whole child intellectually, socially, emotionally and physically. Each classroom is a multi-age community of learners who problem-solve both individually and collaboratively and discover concepts with Montessori materials and research. The teacher facilitates and directs each child as the children explore and experience concrete materials and truly absorb concepts across the curriculum. The children learn at their own pace as the teacher guides them with individual, small and large group lessons. Each child is challenged to be innovative, globally aware and technologically capable. This individualized approach to education develops respect, responsibility and independence. As a private non-profit Montessori school, it is fully accredited by the American Montessori Society and Middle States Association of Colleges and Schools and is staffed by certified Montessori teachers.

Financial Overview — FY 2024
$3.8M
Total Revenue
$3.3M
Total Expenses
$7.9M
Net Assets
66
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.9%
Fundraising Efficiency 0.0%
Operating Reserve 29.22x
Liability-to-Asset 4.6%
Revenue Diversification 88.3%
Executive Compensation $113K
Compared with Peers
FY 2024
Compared with 7,551 similar organizations (United States, Education, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.9% 84.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.1% 12.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 57.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
29.2 mo 9.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
4.6% 18.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
88.3% 89.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
5.0% 7.7%
P10P90
Expense growth
Year over year expense growth
1.4% 8.7%
P10P90
Surplus margin
Surplus as a share of revenue
14.0% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.8M $3.3M $7.9M 81.9% 66
2023 $3.6M $3.2M $6.7M 81.5% 42
2022 $3.3M $3.1M $6.4M 80.1% 60
2021 $2.7M $2.5M N/A 50
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Organization Details
EIN
22-2271831
State
NJ
City
BASKING RIDGE
ZIP
07920-2924
Classification
B200
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1979
Foundation Code
11
Form 990
On File
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