PRINCETON FRIENDS SCHOOL

EIN: 222790041 501(c)(3) Education

PRINCETON, NJ

Total Revenue
$3,937,515
Total Expenses
$4,969,731
Total Assets
$8,346,801
Net Assets
$7,502,456
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NJ
Principal Officer
NADIR JEEVANJEE
Phone
6096831194
Tax Period
2024-07-01 to 2025-06-30

PRINCETON FRIENDS SCHOOL, founded in 1986, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $5.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO CREATE A DIVERSE, VIBRANT LEARNING COMMUNITY FOR YOUNG PEOPLE USING QUAKER VALUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,867
Program Service Revenue $3,620,556
Investment Income $135,176
Other Revenue $7,916
TOTAL REVENUE $3,937,515

Expense Breakdown

Grants Paid $1,334,771
Salaries & Benefits $2,546,137
Fundraising Expenses $55,899
Program Expenses $4,249,673
Other Expenses $1,088,823
TOTAL EXPENSES $4,969,731

Year-over-Year Comparison

2024 2023 Change
Revenue $3,937,515 $4,462,456 -0.1%
Expenses $4,969,731 $4,925,220 +0.0%
Net Income $-1,032,216 $-462,764 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
71
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
13
$0
Key Employees
1
$197,633
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL BEATON BOARD MEMBER 1.00
Director
$0 $0 $0
GAB CARBONE BOARD MEMBER 1.00
Director
$0 $0 $0
JANINE CHUPA BOARD MEMBER 1.00
Director
$0 $0 $0
PAMELA GREGORY BOARD MEMBER 1.00
Director
$0 $0 $0
DENA HOFFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
NADIR JEEVANJEE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KOSSOFF BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA LEHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ANGEL OBREGON BOARD MEMBER 1.00
Director
$0 $0 $0
ALISON SOMMERS-SAYRE BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA VANDENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
FANTA WEEKES BOARD MEMBER 1.00
Director
$0 $0 $0
MARCIA WILLSIE BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG SELLERS HEAD OF SCHOOL 40.00
Key Emp
$180,138 $17,495 $197,633
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,937,515 $4,969,731 $8,346,801 $-1,032,216
2024 $4,462,456 $4,925,220 $9,169,403 $-462,764
2023 $4,470,011 $5,253,387 $9,508,094 $-783,376
2022 $4,722,240 $4,914,193 $9,856,324 $-191,953
2021 $3,582,465 $4,024,541 $11,476,496 $-442,076
2020 $3,716,832 $4,272,072 $10,418,116 $-555,240
2019 $3,984,102 $4,419,033 $11,157,744 $-434,931
2018 $4,089,062 $4,644,612 $11,717,998 $-555,550
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