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THE PINGRY CORPORATION

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Public IRS 990 nonprofit record

THE PINGRY CORPORATION

EIN 22-1493168 · Education (B200)

What they do

SEE SCHEDULE O.THE MISSION of THE PINGRY SCHOOL is to FOSTER IN STUDENTS A LIFELONG COMMITMENT to INTELLECTUAL EXPLORATION, INDIVIDUAL GROWTH and SOCIAL RESPONSIBILITY BY INSPIRING and SUPPORTING THEM to STRIVE for ACADEMIC and PERSONAL EXCELLENCE WITHIN AN ETHICAL FRAMEWORK THAT PLACES THE HIGHEST VALUE ON HONOR and RESPECT for OTHERS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.40%of revenue went to mission work86.5% of expenses · Program services
4.36%of revenue went to fundraising4.5% of expenses
$96.47spent for every $100 of revenueRevenue covered expenses this year.
8.70%of revenue went to management and office costs9.0% of expenses
$3.28in assets for every $1 spent this yearSome assets cannot be spent right away.
10.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $836,313 for LEAR TIMOTHY P (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$82,768,382
Mission workProgram services$69,028,51283.40% of revenue86.5% of expenses
ManagementOffice and general costs$7,203,8768.70% of revenue9.0% of expenses
FundraisingAsking for donations$3,610,5214.36% of revenue4.5% of expenses
Revenue left after expensesReported annual surplus$2,925,4733.53% of revenueShown in gray on the chart
Total expenses$79,842,90996.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 86.5% mission · 9.0% management · 4.5% fundraisingTotal expenses: 96.47% of revenue
2023Expense mix: 86.3% mission · 9.0% management · 4.7% fundraisingTotal expenses: 94.94% of revenue
2022Expense mix: 85.5% mission · 9.9% management · 4.6% fundraisingTotal expenses: 111.37% of revenue
2021Expense mix: 86.5% mission · 9.3% management · 4.2% fundraisingTotal expenses: 91.64% of revenue
2020Expense mix: 83.7% mission · 13.1% management · 3.2% fundraisingTotal expenses: 91.59% of revenue
2019Expense mix: 76.8% mission · 19.7% management · 3.5% fundraisingTotal expenses: 109.57% of revenue
2018Expense mix: 86.8% mission · 9.0% management · 4.2% fundraisingTotal expenses: 88.84% of revenue
2017Expense mix: 75.6% mission · 20.8% management · 3.6% fundraisingTotal expenses: 102.45% of revenue

Money in and money out

Revenue$82,768,382
Expenses$79,842,909
Annual surplus $2,925,473 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$69,028,512 · 86.5% of expenses
Management and office costs$7,203,876 · 9.0% of expenses
Fundraising$3,610,521 · 4.5% of expenses
See all reported dollar amounts
Revenue$82,768,382
Expenses$79,842,909
Assets$262,231,840
Income$112,539,484
Contributions$8,701,606
Mission work (program services)$69,028,512
Fundraising$3,610,521
Management and general$7,203,876
Executive compensation (total)$1,435,363
Stocks and bonds$48,379,859
Accounting fees$160,978
Investing fees$180,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LEAR TIMOTHY PHEAD OF SCHOOL · 40 hrs/week $836,313Base $562,178 · Other $274,135
WECKESSER OLAF JCHIEF FINANCIAL & OPERATIONS OFFICER · 40 hrs/week $492,384Base $383,605 · Other $108,779
COURCHESNE BENJAMINASST HEADMASTER, MIDDLE/UPPER SCHOOL · 40 hrs/week $412,006Base $243,424 · Other $168,582
FAHEY DAVIDDIRECTOR OF INST ADVANCEMENT · 40 hrs/week $403,167Base $267,312 · Other $135,855
BUGLIARI MILLER ASPECIAL ASST TO THE HEAD OF SCHOOL · 40 hrs/week $261,566Base $225,760 · Other $35,806
COTTINGHAM REID ADIRECTOR OF UPPER SCHOOL · 40 hrs/week $257,337Base $220,868 · Other $36,469
SCHURDAK TAMARADIRECTOR OF MIDDLE SCHOOL · 40 hrs/week $256,257Base $230,502 · Other $25,755

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

LEAR TIMOTHY PHEAD OF SCHOOL

WECKESSER OLAF JCHIEF FINANCIAL & OPERATIONS OFFICER

COURCHESNE BENJAMINASST HEADMASTER, MIDDLE/UPPER SCHOOL

FAHEY DAVIDDIRECTOR OF INST ADVANCEMENT

BUGLIARI MILLER ASPECIAL ASST TO THE HEAD OF SCHOOL

COTTINGHAM REID ADIRECTOR OF UPPER SCHOOL

SCHURDAK TAMARADIRECTOR OF MIDDLE SCHOOL

SARTORIUS KATHYTRUSTEE

OUZOUNIAN SOURENTRUSTEE

OVERDECK LAURATRUSTEE

PARK GRACEASSISTANT SECRETARY

PLOTKIN ADAM JTRUSTEE

PROCTER KATHARINE WYMANTRUSTEE

REDDY PRASHANTHTRUSTEE

REEDER TYLERTRUSTEE

SANTANA MARGARETTRUSTEE

MORGAN TWINKLETRUSTEE

SHRANK IAN SCHAIR

THOMAS ANJUTRUSTEE

WILF JONANTHAN ZTRUSTEE

OTOOLE MARY MARGARETTRUSTEE

NITABACH MICHAELTRUSTEE

MORIARTY MELISSATRUSTEE

BALMIR JANEENETRUSTEE

MASON CAROLYNTRUSTEE

LIPPER STEVEN MTRUSTEE

LEDERMAN STUART MSECRETARY

KIM ALLENTRUSTEE

KALAFER JOSHUATRUSTEE

HALIVOPOULOS E LORIVICE CHAIR

GREIG DAVIDTRUSTEE

GERMAIN LINCOLNTREASURER

ENG KEVIN DTRUSTEE

CHEN JIAYITRUSTEE

BOOKBINDER DOUGLASTRUSTEE

About this charity

Recognized since
January 1942
Location
131 MARTINSVILLE RD, BASKING RIDGE, NJ 07920-2709
County
Somerset
In care of
% OLAF WECKESSER
Primary officer
OLAF J WECKESSER, CHIEF FINANCIAL & OPERATING OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(908) 647-5555

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Education (B200)
IRS tax category
Elementary and Secondary Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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