Perkiomen School

Nonprofit profile at a glance

EIN: 231352667
IRS 990 coverage: 2011–2024
Official website data refreshed: Sep 2026
Forms available: Form 990 2024, Form 990-T 2020
Location: Pennsburg, PA, USA
Phone: 2156791136
Rating: 82
Verdict: STRONG
Rating confidence: Moderate
Sector: Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue: $31,325,740
Expenses: $28,124,202
Assets: $66,402,915
Liabilities: $20,656,649

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

Leadership & pay

29 people listed

Highest reported compensation

MARK DEVEY (HEAD OF SCHO): $731,839 total reported compensation
MICHAEL FOUX (ASSOC. HD -): $320,200 total reported compensation
KARL WELSH (DIR OF DEVEL): $257,987 total reported compensation

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

Overview

Mission

Perkiomen School creates an environment where students are encouraged to push themselves outside of their comfort zone in order to grow.

What it reported doing in 2024

Perkiomen school is an independent college preparatory school committed to creating experiences that will prepare students to excel in college and life in a world community. Students learn through experience and active inquiry. Each student is challenged to excel academically. Students are exposed to new ideas and to friendships spanning different races, socioeconomic groups, religions, interest, and learning styles; thus, preparing them for a competitive world. Perkiomen's community of staff, alumni, families, and friends, are dedicated to nurturing relationships in an unshakable partnership with the school for the best interest of the student. Perkiomen is an inviting, safe home that inspires a sense of community and belonging.

Operating model

Revenue model: Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model: Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.

Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

Financial Efficiency: 69
Transparency & Controls: 93
Accountability: 93
Sustainability: 61
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 72.2%; rating input score 72
Program expense ratio: 81.7%; rating input score 82
Fundraising efficiency: $3.66 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 95.8%; rating input score 96; 29th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: 10.2%; rating input score 68; 68th percentile among comparable filings
Total-asset coverage ratio: 2.36; rating input score 67; 67th percentile among comparable filings
Liabilities to assets ratio: 0.31; rating input score 45; 45th percentile among comparable filings
Officer compensation ratio: 6.9%; rating input score 37; 37th percentile among comparable filings

Growth

Program expense growth: 4.5% per year; rating input score 100; 38th percentile among comparable filings
Revenue growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings
Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings

Details

What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
Where the money goes: 72.2% of revenue deployed · 81.7% of spending went to programs
Governance: 23 of 24 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment · $23M in reported program spending
Leadership: top reported pay $732K · 29 people listed · 6 of 6 pay-setting controls reported
Consistency: 37 of 38 current checks pass · 1 finding to review
Schedules: 9 filed schedules · includes major donors, grants, and executive pay
Filing history: 14 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 6 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.

Key Signals

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

High — Financial Efficiency: Fundraising efficiency scored 14/100.
Review — Accountability: Governance controls: Form 990 shared with the board not reported.
Moderate — Sustainability: Officer compensation ratio scored 37/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
Moderate — Sustainability: Liabilities to assets ratio scored 45/100.