Kent Place School

Nonprofit profile at a glance

EIN
221487233
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Summit, New Jersey, USA
Phone
(908) 273-0900
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$51,589,620
Expenses
$42,022,380
Assets
$91,060,150
Liabilities
$10,932,999

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

37 people listed

Executive titles in this filing

  • ANNE GRISSINGER (PRESIDENT)
  • KATIE MACHIR (VICE PRESIDENT)
  • USHA PUGLIANDA (VICE PRESIDENT)
  • NANCY H VAN DUYNE (VICE PRESIDENT)
  • SUNEET VARMA (VICE PRESIDENT)

Highest reported compensation

  • JENNIFER C GALAMBOS (HEAD OF SCHOOL): $747,350 total reported compensation
  • CORAL BROOKS (CHIEF ADV. OFFICER THRU MARCH 2025): $311,705 total reported compensation
  • JULIA MORGAN (ASST. HEAD OF SCHOOL): $290,687 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kent Place School is an independent, college-preparatory day school for girls in Preschool through Grade 12, dedicated to educating girls to meet the challenges of the 21st century.

What it reported doing in 2024

Our kent place curriculum and programs are rich in opportunities for students to develop ethical decision-making, critical thinking, and problem-solving skills. We promote integrity, initiative, and inclusion throughout all of the schooling years. Our students take on increasingly profound leadership opportunities that foster collaboration and self-awareness while also cultivating compassion and empathy. We believe that the lessons and values encouraged by our multi-talented faculty prepare each student to be an active contributor to the larger world beyond kent place. Kent place is home to a wide array of curricular and cocurricular activities, as well as our signature programs such as the girls' leadership institute and our renowned ethics institute, which promotes the process and practice of ethical decision-making in primary and secondary school communities. Kent place also offers a traditional summer day camp, afterschool programs, and enrichment classes.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 77
  • Accountability: 90
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.4%; rating input score 61
  • Program expense ratio: 74.3%; rating input score 74
  • Fundraising efficiency: $3.04 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.5%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 2.17; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 24th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 61.4% of revenue deployed · 74.3% of spending went to programs
  • Governance: 28 of 28 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $31.2M in reported program spending
  • Leadership: top reported pay $747K · 37 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.7M reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 8/100.