Bullis School Inc
84% goes to programs $15 to raise $100 Strong reserves Growing revenue
Bullis School Inc is a 501(c)(3) organization based in Potomac, Maryland, registered in 1938, with $69,701,942 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
10601 Falls Rd, Potomac, MD, 20854 EIN 52-0635080 Since 1938
Revenue (FY2023)
$69.7M
▲ 28.1% vs prior year
Education median: $200K
Expenses (FY2023)
$53.5M
Net assets
$77.0M
Employees
455
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating84% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bullis School Inc: 84% to programs · $15 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bullis School Inc: 17 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bullis School Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bullis School Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Bullis school provides a student-centered balanced experience in academics, arts, athletics and community service. bullis uniquely prepares all students to become caring citizens and creative, critical thinkers who will thrive in tomorrow's world. the school's vision is to be the independent school of choice for families who seek an extraordinary educational experience which develops global leaders who enthusiastically embrace challenge, exhibit strong character and cultivate community. bullis school's core academic values foster critical thinking, collaboration, communication, resourcefulness and creativity in our students, and we uphold core institutional values that model and practice integrity, respect, diversity, service and responsibility within the school community and in any outreach.
Contact & location
- Address
- 10601 Falls Rd, Potomac, MD, 20854
- City
- Potomac
- State
- Maryland
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $38.6M (FY2013) to $69.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $69.3MNet assets $77.0M
Operating margin
23.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$146.3M
Total liabilities
$69.3M
Net assets
$77.0M
Salaries & benefits
$27.2M
51% of expenses
Board members
21
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $69,701,942▲28.1% | $53,506,516▲10.4% | $77,007,353▲29.8% | $146,345,354▲14.4% | 990 |
| 2022 | $54,408,274▲12.2% | $48,482,601▲9.3% | $59,321,058▲14.5% | $127,958,968▲30.3% | 990 |
| 2021 | $48,486,298▲1.0% | $44,367,766▲7.4% | $51,811,080▲7.7% | $98,208,716▲3.3% | 990 |
| 2020 | $48,025,592▲16.2% | $41,298,337▼3.5% | $48,094,436▲21.4% | $95,071,669▲6.6% | 990 |
| 2019 | $41,333,657▲1.2% | $42,802,222▲0.2% | $39,627,975▼8.2% | $89,169,667▼2.0% | 990 |
| 2018 | $40,855,307▼0.9% | $42,703,956▲1.6% | $43,175,096▼7.1% | $91,025,144▼5.7% | 990 |
| 2017 | $41,220,792▲5.4% | $42,049,997▲11.1% | $46,457,358▲0.3% | $96,489,470▼3.1% | 990 |
| 2016 | $39,104,132▲6.1% | $37,858,741▲7.5% | $46,303,037▲8.2% | $99,577,094▲18.3% | 990 |
| 2015 | $36,839,417▼14.1% | $35,222,556▲10.3% | $42,774,630▼0.8% | $84,204,857▲14.9% | 990 |
| 2014 | $42,875,624▲10.9% | $31,933,435▲11.4% | $43,127,963▲32.3% | $73,268,655▲22.1% | 990 |
| 2013 | $38,645,465 | $28,657,808▲15.8% | $32,594,653▲47.0% | $60,001,499▲35.9% | 990 |
| 2012 | — | $24,746,399▼3.5% | $22,168,261▲11.3% | $44,155,501▲6.1% | 990 |
| 2011 | — | $25,636,134▲14.2% | $19,923,026▼10.7% | $41,605,996▼9.2% | 990 |
| 2010 | — | $22,451,364▲4.4% | $22,315,444▲7.1% | $45,825,694▲1.1% | 990 |
| 2009 | — | $21,503,902 | $20,831,899 | $45,306,191 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Christian Sullivan — $813,762 (1.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christian Sullivan | Head of School | 40 | $813,762 |
| Rachel Venezian | Chief Financial Officer | 40 | $275,196 |
| Timothy D Simpson | Associate Head of School | 40 | $210,876 |
| Robert Pollicino | Head of Upper School | 40 | $206,515 |
| Marilyn Moreno | Head of Middle School | 40 | $182,171 |
| James Dickie | Executive Director of Tech | 40 | $155,820 |
| Bruce F Kelley | Us Math Teacher/basketball | 40 | $146,501 |
| Justin Leith | Director of Athletics | 40 | $146,242 |
| Brett Bernstein | Trustee | 2 | — |
| Cyndi Bullis Vasco | Trustee | 2 | — |
| David A Pepper | Treasurer | 10 | — |
| Drew Mannes | Trustee | 2 | — |
| Emine Sandi | Trustee | 2 | — |
| Helen Stefan Moreau | Trustee | 2 | — |
| Hillary Baltimore | Secretary | 10 | — |
| Jonathan Halle | Trustee | 2 | — |
| Lisa Robinson | Trustee | 2 | — |
| Livia Christensen | Trustee | 2 | — |
| Michael Desantis | Trustee | 2 | — |
| Mickel Blair | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Coakley & Williams Construction Inc | Construction Services | $6,316,815 |
| Vector Bulwarks LLC | Construction Services | $2,540,389 |
| Meriwether-godsey Inc | Catering, Dining Services | $1,981,256 |
| Hord Coplan Macht Inc | Architecture & Planning Services | $664,844 |
| Allcare Facility System | Cleaning Services | $482,262 |
Grants received · $3.8M total
64 grants to Bullis School Inc totaling $3.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Washington Community Foundation | General support | 2024 | $222,100 |
| American Endowment Foundation | Educational | 2024 | $30,000 |
| American Online Giving Foundation Inc | General support | 2024 | $19,687 |
| Ayco Charitable Foundation | Education | 2024 | $15,450 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $15,000 |
| Greater Washington Community Foundation | Scholarship | 2024 | $8,000 |
| National Foundation For Affordable Housing Solutions Inc | Education | 2024 | $5,000 |
| Donor Advised Charitable Giving | Education | 2023 | $183,851 |
| National Philanthropic Tr | Education | 2023 | $145,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $126,567 |
| Greater Washington Community Foundation | General support | 2023 | $122,500 |
| Greater Washington Community Foundation | Scholarship | 2023 | $20,925 |
| Charities Aid Foundation America | Charitable donation | 2023 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $15,523 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $10,000 |
Similar organizations in Education
Education
Chesapeake Lighthouse Foundation Inc
Laurel, MD
$65.3M
Aannual revenue
Education
Notre Dame of Maryland University
Baltimore, MD
$63.2M
Aannual revenue
Education
University of Maryland Foundation Inc
Adelphi, MD
$77.1M
B+annual revenue
Education
Mcdonogh School Incorporated
Owings Mills, MD
$77.9M
Aannual revenue
Education
United States Naval Academy Foundation Inc
Annapolis, MD
$79.9M
B+annual revenue
Education
Digital Harbor Foundation Inc
Baltimore, MD
$57.9M
Bannual revenue
- Education
Enoch Pratt Free Library of Baltimore City
Baltimore, MD
$57.3M
Bannual revenue
Education
Gilman School Inc
Baltimore, MD
$55.6M
Aannual revenue
Education
Maryland School For the Blind
Baltimore, MD
$52.6M
Aannual revenue
Education
University of Maryland Baltimore Foundation Inc
Baltimore, MD
$52.0M
B+annual revenue
Compare Bullis School Inc
Frequently asked questions
- Is Bullis School Inc a legitimate nonprofit?
- Yes. Bullis School Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0635080, based in Potomac, Maryland. Donations are tax-deductible.
- What is Bullis School Inc's EIN?
- Bullis School Inc's Employer Identification Number (EIN) is 52-0635080.
- How much revenue does Bullis School Inc report?
- Bullis School Inc reported $69,701,942 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Bullis School Inc's spending goes to programs?
- Bullis School Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bullis School Inc have?
- CharityIndex grades Bullis School Inc A, based on program efficiency and fundraising cost.
- How much does Bullis School Inc's highest-paid employee make?
- The highest reported compensation on Bullis School Inc's latest Form 990 is $813,762, paid to Christian Sullivan (Head of School).
More nonprofits in Potomac
Explore more
Data for Bullis School Inc (EIN 52-0635080) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.