Windsor Prep Inc
Nonprofit profile at a glance
- EIN
- 223236705
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Morristown, NJ, USA
- Phone
- 9732471375
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $7,510,709
- Expenses
- $7,455,146
- Assets
- $1,809,440
- Liabilities
- $868,305
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- ROBERT SCORZO (PRESIDENT)
Highest reported compensation
- FRANK COCUZZA (VICE PRESIDE): $323,107 total reported compensation
- ROBERT SCORZO (PRESIDENT): $323,034 total reported compensation
- ANNMARIE SCORZO (TREASURER): $231,933 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission at the windsor preparatory school is to foster a positive self-image, enhance a student's understanding of rules as vehicles for success, provide students with a rich and diverse academic program, and establish lines of communication with parents to help educate the whole child. Students will be prepared academically and socially to become productive members of an ever changing society.
What it reported doing in 2024
The windsor prep, inc. Is a state approved school for handicapped students. Students are provided with a program designed to improve each students academic functioning and behavior to a level where they will be able to be successfully re-intergrated into the public schools. The program is designed for students classified as students with behavioral disabilities between the ages of 13 and 21. The average daily enrollment for the fiscal year ending june 30, 2025 was 103 students.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 60
- Accountability: 23
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.7%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 18.3%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 93.7% of spending went to programs
- Governance: 0 of 4 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $7M in reported program spending
- Leadership: top reported pay $323K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.