Potomac School is a 501(c)(3) organization based in Mclean, Virginia, registered in 1931, with $71,544,671 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
Revenue (FY2023)
$71.5M
▲ 18.7% vs prior year
Education median: $200K
Expenses (FY2023)
$57.7M
Net assets
$172.8M
Employees
519
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 Potomac School: 85% to programs · $15 to raise $100 earns a B on this criterion. See the exact thresholds →
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 Potomac School: 36 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
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 Potomac School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Potomac School: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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At the potomac school, we believe that intellectual development, love of learning, and strength of character are complementary, and equally essential, educational goals. with a firm commitment to our core values and a rigorous academic program, we prepare students to lead lives of purpose, achievement, and generosity of spirit.
The aero: sbc (standards-based curriculum) initiative brings teams of teachers and curriculum specialists from participating pilot schools together to review the standards and develop grade-level appropriate curriculum and materials. participants are trained to serve as trainers to faculty in their own schools and broader project, thus maximizing the impact of each sbc workshop.
Revenue grew from $41.6M (FY2013) to $71.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
19.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$246.4M
Total liabilities
$73.7M
Net assets
$172.8M
Salaries & benefits
$32.8M
57% of expenses
Board members
22
22 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $71,544,671▲18.7% | $57,741,727▲2.5% | $172,767,938▲12.1% | $246,436,798▲8.1% | 990 |
| 2022 | $60,262,732▲5.8% | $56,336,191▲4.7% | $154,130,244▲5.1% | $227,941,058▲2.8% | 990 |
| 2021 | $56,983,758▲14.7% | $53,794,709▲11.6% | $146,596,264▲0.2% | $221,694,159▼1.6% | 990 |
| 2020 | $49,665,882▼5.9% | $48,212,635▼2.4% | $146,325,060▲9.6% | $225,192,195▲3.1% | 990 |
| 2019 | $52,801,468▼2.9% | $49,390,427▲2.0% | $133,539,982▲1.8% | $218,505,222▲12.5% | 990 |
| 2018 | $54,388,764▼19.3% | $48,431,981▲5.2% | $131,224,379▲5.7% | $194,254,754▲4.9% | 990 |
| 2017 | $67,392,011▲14.9% | $46,054,886▲3.6% | $124,139,825▲25.2% | $185,135,794▲14.6% | 990 |
| 2016 | $58,662,577▲30.7% | $44,450,299▲4.5% | $99,133,209▲24.6% | $161,617,383▲12.4% | 990 |
| 2015 | $44,900,387▲3.9% | $42,554,361▲2.2% | $79,585,075▲0.5% | $143,845,558▲1.3% | 990 |
| 2014 | $43,194,603▲3.7% | $41,644,120▼5.3% | $79,160,939▲1.9% | $141,998,657▲0.5% | 990 |
| 2013 | $41,636,831 | $43,985,369▲12.8% | $77,681,561▲3.0% | $141,356,624▲5.8% | 990 |
| 2012 | — | $38,987,612▲6.6% | $75,390,805▲7.9% | $133,646,727▲4.5% | 990 |
| 2011 | — | $36,588,112▲1.6% | $69,853,338▼0.7% | $127,881,317▲3.0% | 990 |
| 2010 | — | $36,015,730▲2.6% | $70,333,037▲8.6% | $124,121,163▲9.5% | 990 |
| 2009 | — | $35,117,502 | $64,791,603 | $113,337,924 | 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.
Highest-paid: John J Kowalik — $622,545 (1.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John J Kowalik | Head of School | 60 | $622,545 |
| Dyana Conroy | Cfo/coo | 60 | $402,732 |
| Timothy Jaeger | Associate Head of School | 50 | $303,100 |
| Barbara Overstreet | Director of Advancement | 50 | $260,274 |
| Donnette Echols | Head of Lower School | 50 | $194,389 |
| John Mathews | Head of Middle School | 50 | $194,234 |
| Douglas Mclane | Head of Upper School | 50 | $180,727 |
| Christopher D Graham | Trustee | 2 | — |
| Ellen M Dwyer | Trustee | 2 | — |
| James B Fleming | Trustee | 2 | — |
| Kimberly A Kuryea | Trustee | 2 | — |
| Martin W Sumner | Treasurer | 2 | — |
| Maryanne R Lavan | Trustee | 2 | — |
| Mina C Faltas | Trustee | 2 | — |
| Natalie F Bush | Vice Chair | 2 | — |
| Nitin Goyal | Trustee | 2 | — |
| Noha Abdalla | Trustee | 2 | — |
| Norma C Ramsey | Chair | 2 | — |
| Patricia Potts | Trustee | 2 | — |
| Paul F Sheridan Jr | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Meriwether Godsey Inc | Food Services | $1,695,239 |
| Cannon Washington Inc | Architecture Services | $857,729 |
| Red Coats Inc | Janitorial Services | $804,147 |
| The Handwork Studio LLC | Auxiliary Programs | $324,368 |
| Cypress Contracting LLC | General Contractor | $295,330 |
109 grants to Potomac School totaling $16.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Bessemer Giving Fund | Capital campaign | 2024 | $3,000,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $330,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $234,050 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $161,000 |
| Daffy Charitable Fund | General support of mission | 2024 | $65,525 |
| American Endowment Foundation | Educational | 2024 | $55,750 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $35,000 |
| American Online Giving Foundation Inc | General support | 2024 | $29,123 |
| Greater Horizons | Education | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,426 |
| Donor Advised Charitable Giving | Education | 2023 | $516,601 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $386,700 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $285,000 |
| National Philanthropic Tr | Education | 2023 | $275,833 |
| American Endowment Foundation | Educational | 2023 | $39,000 |
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Data for Potomac School (EIN 54-0562160) 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.