Mcdonogh School Incorporated
81% goes to programs $43 to raise $100 Strong reserves Growing revenue
Mcdonogh School Incorporated is a 501(c)(3) organization based in Owings Mills, Maryland, registered in 1977, with $77,946,164 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
8600 Mcdonogh Rd, Owings Mills, MD, 21117 EIN 52-6001577 Since 1977
Revenue (FY2023)
$77.9M
▲ 3.6% vs prior year
Education median: $200K
Expenses (FY2023)
$69.3M
Net assets
$258.0M
Employees
958
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating81% to programs · $43 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 Mcdonogh School Incorporated: 81% to programs · $43 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating45 mo reserves · +11% 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 Mcdonogh School Incorporated: 45 mo reserves · +11% 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 Mcdonogh School Incorporated: 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 Mcdonogh School Incorporated: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide exceptional education inspiring a passion for learning, growth & a commitment to excellence.
Contact & location
- Address
- 8600 Mcdonogh Rd, Owings Mills, MD, 21117
- City
- Owings Mills
- State
- Maryland
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $41.4M (FY2007) to $77.9M (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $56.9MNet assets $258.0M
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$314.9M
Total liabilities
$56.9M
Net assets
$258.0M
Salaries & benefits
$40.8M
59% of expenses
Board members
30
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $77,946,164▲3.6% | $69,272,576▲3.3% | $258,026,895▲8.1% | $314,923,288▲5.1% | 990 |
| 2022 | $75,254,727▼0.7% | $67,074,408▲5.1% | $238,645,903▲7.4% | $299,703,214▲2.0% | 990 |
| 2021 | $75,778,569▲14.1% | $63,828,650▲7.7% | $222,287,810▼3.8% | $293,896,634▼3.0% | 990 |
| 2020 | $66,391,470▼20.4% | $59,258,533▲0.4% | $231,059,859▲15.9% | $303,028,509▲13.3% | 990 |
| 2019 | $83,365,139▲18.3% | $59,034,826▲0.1% | $199,340,252▲10.4% | $267,537,945▲16.2% | 990 |
| 2018 | $70,458,243▲5.8% | $58,985,686▲2.5% | $180,535,783▲2.8% | $230,223,914▲4.6% | 990 |
| 2017 | $66,577,611▲5.1% | $57,559,204▲5.4% | $175,616,198▲7.7% | $220,203,288▲3.2% | 990 |
| 2016 | $63,355,886▲7.9% | $54,633,737▲5.6% | $163,075,323▲5.6% | $213,347,226▲3.5% | 990 |
| 2015 | $58,697,164▲12.4% | $51,728,582▲3.9% | $154,424,071▼1.8% | $206,060,152▼4.0% | 990 |
| 2014 | $52,216,032▼12.4% | $49,780,449▲3.3% | $157,282,916▼1.0% | $214,718,770▼4.1% | 990 |
| 2013 | $59,605,132 | $48,211,628▲6.3% | $158,835,009▲13.8% | $223,874,590▲4.3% | 990 |
| 2012 | — | $45,352,830▲7.6% | $139,628,803▲8.0% | $214,586,416▲6.2% | 990 |
| 2011 | — | $42,140,795▲3.0% | $129,230,549▼1.6% | $202,127,911▲25.1% | 990 |
| 2010 | — | $40,921,065▲0.4% | $131,384,094▲18.3% | $161,624,234▲15.1% | 990 |
| 2009 | — | $40,759,475▲10.4% | $111,025,288▼11.9% | $140,452,356▼9.3% | 990 |
| 2007 | $41,425,306 | $36,908,340 | $125,993,973 | $154,786,805 | 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: David J Farace — $495,341 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David J Farace | Head of School | 60 | $495,341 |
| Kathryn Mueller | Associate Head of School | 50 | $244,845 |
| Sherri Voelkel | Chief Financial Officer | 50 | $235,876 |
| Kerry Johnston | Director of Development | 50 | $182,170 |
| Jack Hardcastle | Chief Operating Officer | 50 | $169,776 |
| Merritt A Livermore | Head of Upper School | 50 | $146,741 |
| Eunice Deegan | Co-director of Athletics | 50 | $145,516 |
| J Peter Welch | Pe Teacher | 50 | $141,644 |
| Matthew Macmullan | Co-director of Athletics | 50 | $135,932 |
| Gregory Waters | Hvac Technician | 40 | $130,026 |
| Arthur H Adler | Member | 1 | — |
| Brandon M Etheridge | Member | 1 | — |
| Brett Ingerman | Member | 1 | — |
| Craig A Thompson | Member | 1 | — |
| Curtis H Cornwell | Treasurer | 1 | — |
| David D Rothschild | Member | 1 | — |
| Donald B Christian | Member | 1 | — |
| Elizabeth M Insley | Member | 1 | — |
| Erika Seth Davies | Member | 1 | — |
| Farah Qureshi Nur | Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sage Dining Services | Food Services | $2,250,204 |
| Car Contracting Inc | Contractor | $632,628 |
| B & D Builders LLC | Contractor | $458,344 |
| Servpro of Hunt Valley & Hartford County | Restoration Contractor | $278,106 |
| Barnes Paving and Trucking Inc | Contractor | $258,265 |
Grants received · $13.9M total
117 grants to Mcdonogh School Incorporated totaling $13.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Mcdonogh School Incorporated a legitimate nonprofit?
- Yes. Mcdonogh School Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-6001577, based in Owings Mills, Maryland. Donations are tax-deductible.
- What is Mcdonogh School Incorporated's EIN?
- Mcdonogh School Incorporated's Employer Identification Number (EIN) is 52-6001577.
- How much revenue does Mcdonogh School Incorporated report?
- Mcdonogh School Incorporated reported $77,946,164 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcdonogh School Incorporated's spending goes to programs?
- Mcdonogh School Incorporated spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcdonogh School Incorporated have?
- CharityIndex grades Mcdonogh School Incorporated A, based on program efficiency and fundraising cost.
- How much does Mcdonogh School Incorporated's highest-paid employee make?
- The highest reported compensation on Mcdonogh School Incorporated's latest Form 990 is $495,341, paid to David J Farace (Head of School).
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Data for Mcdonogh School Incorporated (EIN 52-6001577) 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.