Shepard School INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

The school's mission is the enhancement of educational and social functioning of each student with an eye toward the successful reintergration into public School. This is achieved through a persistent system of positive reinforcement, feedback, counseling, intervention and individual academic instruction. Shepard School strives to provide the best quality education to students by stimulating the growth and development of their moral, creative, intellectual and athletic skills. Our goal is improved academic performance and behavioral changes that will allow students to return to public School setting and/or achieve success in their post-secondary placements. We beleive any child, despite their presenting behavior and social background, wants acceptance, achievement, knowledge and the ability to interact with others. We strive to find the key that unlocks the potential of each student by providing a warm, nurturing environment so that each student's self-esteem and potential may flourish

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3106512) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$247K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $40K a year · 0.8% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$247K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
Part VII, Section A
4.0 mo
of spending, in cash
4.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
68% of total assets
Liabilities are 68% of assets.
Pt X · Ln 26
Independent board members
0
of 4 voting members
None of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$4.3M
Spent
$4.3M
To programs
93%
Net assets
$550K
By yearFY2020–FY2025
Revenue
$4.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$4.4M
FY2022$4.6M
FY2023$4.7M
FY2024$5.5M
FY2025$5.8M
Expenses
$4.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.3M
FY2021$4.4M
FY2022$4.5M
FY2023$4.7M
FY2024$5.5M
FY2025$5.7M
Net assets
$550K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$550K
FY2021$592K
FY2022$638K
FY2023$677K
FY2024$731K
FY2025$779K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $4.0M Management & general 7% · $316K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $247K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$117,510Pt VII · Sec A
Principal-Sh
$70,715Pt VII · Sec A
$33,617Pt VII · Sec A
Accountant
$25,540Pt VII · Sec A
Teacher for
$0Pt VII · Sec A
Social Worke
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Frank Cocuzza’s $130K as President is at the 52nd percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Frank Cocuzza$129,503$134,683$129,502$141,922$117,510$117,510
Katie Dulfer$118,485$110,000$103,350———
Pamela Perwein$105,158—————
Lauren Nava$84,471$83,265$80,408$88,119$73,076$70,715
Annmarie Scorzo$46,427$41,638$41,786$44,350$35,587$33,617
Florian Dilizia$31,831$28,848$28,951$31,830$25,541$25,540
Jeanne Cocuzza—$31,467$9,766———
Josie Viola$23,848—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shepard School INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Shepard School INC is an education nonprofit based in Morristown, NJ, formed in 1991.

Questions for Shepard School INC

Tap to ask. Shepard School INC sees how many people are interested.

Your first name shows with your question. Shepard School INC answers here, for everyone.

1 program · $4.3M · in their own filed words · FY2019
01

The shepard school is a state approved school for handicapped students. The students are provided with a program designed to improve each student's academic functioning and behavior to a level where they will be able to be successfully re-intergrated into the public schools.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3106512) · Dispute this line
$4.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.3M
Ln 12
Fees for servicesLn 2g$4.3M
Gifts and grantsLn 1h$2K
Other incomeLn 4–11$1K
Money outPt IX
$4.3M
Ln 25
Programscol B$4.0M
Managementcol C$316K
Owns and owesPt X
$550K
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$1.7M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
11
listed · VII A
PaidVII A4
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$4.3M
Investment incomeLn 3$17
Other incomeLn 4–11$1K
Total revenueLn 12$4.3M
Assets in detailPt X, end of year
CashLn 1$1.4M
Cash and savings togetherLn 1–2$1.4M
Accounts receivableLn 4$239K
Prepaid expenses and deferred chargesLn 9$40K
Land, buildings, equipmentLn 10c$8K
Other assetsLn 15$16K
Total assetsLn 16$1.7M
LiabilitiesLn 26$1.2M
Net assetsLn 32$550K
OperationsPt I, VI
EmployeesI 593
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$773K$1.4M
Land, buildings, equipmentLn 10c$6K$8K
Total assetsLn 16$939K$1.7M
LiabilitiesLn 26$399K$1.2M
Net assetsLn 32$540K$550K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$151K$59K$92K
Other salaries and wagesLn 7$2.2M$2.2M$62K
Pension plan contributionsLn 8$292K$244K$48K
Other employee benefitsLn 9$291K$273K$17K
Payroll taxesLn 10$198K$186K$12K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$18K$18K
Advertising and promotionLn 12$43$43
OccupancyLn 16$230K$230K
TravelLn 17$1K$1K$255
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$78K$42K$36K
Other expenses (24a–d)Ln 24$735K$716K$18K
All other expensesLn 24e$79K$73K$6K
Total functional expensesLn 25$4.3M$4.0M$316K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 6, 2026 $5.8M$5.7M$48K$779K 990 PDF
FY2024Filed with the IRS May 9, 2025 $5.5M$5.5M$54K$731K 990 PDF
FY2023Filed with the IRS May 9, 2024 $4.7M$4.7M$39K$677K 990 PDF
FY2022Filed with the IRS May 8, 2023 $4.6M$4.5M$46K$638K 990 PDF
FY2021Filed with the IRS Apr 19, 2022 $4.4M$4.4M$42K$592K 990 PDF
FY2020 ViewingFiled with the IRS May 7, 2021 $4.3M$4.3M$10K$550K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $4,336,114 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,706$2,500
I-9 Program service revenuePrior year $4,321,041$4,332,583
I-10 Investment incomePrior year $16$17
I-11 Other revenuePrior year $1,616$1,014
I-12 Total revenuePrior year $4,326,379$4,336,114
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,843,556$3,173,946
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,373,028$1,152,495
I-18 Total expensesPrior year $4,216,584$4,326,441
I-19 Revenue less expensesPrior year $109,795$9,673
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,336,114 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,500
VIII-1h Total contributions, gifts and grants$2,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,332,583$4,332,583
VIII-3 Investment incomeRelated to mission $17$17
VIII-8 Net income from fundraising eventsExcluded from tax $1,014$1,014
VIII-12 Total revenueRelated to mission $4,332,600 · Excluded from tax $1,014$4,336,114
Part IX · Statement of functional expenses $4,326,441 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $58,755 · Management $92,372$151,127
IX-7 Other salaries and wagesPrograms $2,179,998 · Management $61,815$2,241,813
IX-8 Pension plan contributionsPrograms $244,183 · Management $48,150$292,333
IX-9 Other employee benefitsPrograms $273,416 · Management $17,452$290,868
IX-10 Payroll taxesPrograms $185,937 · Management $11,868$197,805
IX-11b Legal feesManagement $5,475$5,475
IX-11c Accounting feesManagement $18,350$18,350
IX-12 Advertising and promotionManagement $43$43
IX-16 OccupancyPrograms $230,148$230,148
IX-17 TravelPrograms $1,167 · Management $255$1,422
IX-19 Conferences, conventions and meetingsPrograms $1,981$1,981
IX-22 Depreciation, depletion and amortizationPrograms $3,003$3,003
IX-23 InsurancePrograms $41,970 · Management $36,205$78,175
IX-24 Other expenses (24a–d)Programs $716,449 · Management $18,105$734,554
IX-24e All other expensesPrograms $73,247 · Management $6,097$79,344
IX-25 Total functional expensesPrograms $4,010,254 · Management $316,187 · Fundraising $0$4,326,441
Part X · Balance sheet $1,736,058 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $773,117$1,433,765
X-4 Accounts receivableStart of year $119,677$239,156
X-9 Prepaid expenses and deferred chargesStart of year $24,528$39,511
X-10c Land, buildings and equipment, netStart of year $5,579$7,626
X-15 Other assetsStart of year $16,000$16,000
X-16 Total assetsStart of year $938,901$1,736,058
X-17 Accounts payable and accrued expensesStart of year $398,526$700,683
X-24 Unsecured notes and loans payable$485,327
X-26 Total liabilitiesStart of year $398,526$1,186,010
X-27 Net assets without donor restrictionsStart of year $30,300$33,710
X-28 Net assets with donor restrictionsStart of year $510,075$516,338
X-32 Total net assets or fund balancesStart of year $540,375$550,048
X-33 Total liabilities and net assetsStart of year $938,901$1,736,058
Part XI · Reconciliation of net assets $550,048 net assets at year end
XI-1 Total revenue$4,336,114
XI-2 Total expenses$4,326,441
XI-3 Revenue less expenses$9,673
XI-4 Net assets at start of year$540,375
XI-10 Net assets at end of year$550,048

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.