Nonprofit · EIN 54-0562160
POTOMAC SCHOOL
Tax-exempt · MCLEAN, VA 22101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $76,946,773 | $62,313,929 | $14,632,844 | $302,352,307 | $110,101,307 | $192,251,000 |
| June 30, 2024 | 990 | $71,544,671 | $57,741,727 | $13,802,944 | $246,436,798 | $73,668,860 | $172,767,938 |
| June 30, 2023 | 990 | $60,262,732 | $56,336,191 | $3,926,541 | $227,941,058 | $73,810,814 | $154,130,244 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,548,043
- Program service revenue
- $57,083,505
- Investment income
- $3,415,699
- Net rental income
- $39,460
- Net gain from sales of assets
- $867,036
- Net income from fundraising events
- $734,204
- Net income from sales of inventory
- $4,204
- Other revenue
- $899,526
Expenses
- Grants and similar amounts paid
- $5,704,329
- Compensation of officers, directors and key employees
- $1,389,398
- Other salaries and wages
- $26,726,490
- Salaries, compensation and benefits (total)
- $35,283,974
- Professional fundraising fees
- $0
- Legal fees
- $100,655
- Accounting fees
- $71,814
- Occupancy
- $2,658,581
- Travel
- $448,573
- Depreciation
- $4,451,453
- Program services (functional)
- $51,787,842
- Management and general (functional)
- $7,767,181
- Fundraising (functional)
- $2,758,906
Balance sheet and other
- Total assets, start of year
- $246,436,798
- Total assets, end of year
- $302,352,307
- Total liabilities, end of year
- $110,101,307
- Net assets, end of year
- $192,251,000
- Land, buildings and equipment
- $107,281,608
- Publicly traded securities
- $15,840,327
- Net assets without donor restrictions
- $167,143,037
- Net assets with donor restrictions
- $25,107,963
- Gross unrelated business income
- $23,037
- Gross receipts
- $112,556,753
- Employees
- 520
- Volunteers
- 1,000
- Year formed
- 1907
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John J Kowalik | Head of School Officer | 60 | $1,052,889 | $313,805 |
| Dyana Conroy | CFO and Associate Head of School Officer | 60 | $383,832 | $77,330 |
| Timothy Jaeger | Associate Head of School Highest-paid employee | 50 | $275,867 | $131,971 |
| John Mathews | Head of Middle School Highest-paid employee | 50 | $185,212 | $86,103 |
| Douglas McLane | Director of Enrollment Management & Financial Aid Highest-paid employee | 50 | $204,762 | $64,505 |
| Donnette Echols | Head of Lower School Highest-paid employee | 50 | $233,165 | $26,514 |
| Sarah Beck | Asst Head of School for Academics Highest-paid employee | 50 | $216,282 | $40,714 |
| Norma C Ramsey | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Martin W Sumner | Vice-Chair Trustee or director, Officer | 2 | $0 | $0 |
| Noha Abdalla | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Christopher D Graham | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Mina C Faltas | Trustee Trustee or director | 2 | $0 | $0 |
| Paul F Sheridan Jr | Trustee Trustee or director | 2 | $0 | $0 |
| Stefanie A Thomas | Trustee Trustee or director | 2 | $0 | $0 |
| Yousef Al Otaiba | Trustee Trustee or director | 2 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Randy B Altschuler | Trustee Trustee or director | 2 | $0 |
| Scott Barbee | Trustee Trustee or director | 2 | $0 |
| Henry D Berg | Trustee Trustee or director | 2 | $0 |
| Victoria J Davis MD | Trustee Trustee or director | 2 | $0 |
| James B Fleming | Trustee Trustee or director | 2 | $0 |
| Nitin Goyal MD | Trustee Trustee or director | 2 | $0 |
| Won Kim | Trustee Trustee or director | 2 | $0 |
| Kimberly A Kuryea | Trustee Trustee or director | 2 | $0 |
| Reed W Landry | Trustee Trustee or director | 2 | $0 |
| Maryanne R Lavan | Trustee Trustee or director | 2 | $0 |
| Diana Mears | Trustee Trustee or director | 2 | $0 |
| Robert D Moser | Trustee Trustee or director | 2 | $0 |
| Patricia Potts | Trustee Trustee or director | 2 | $0 |
| Anu Saxena | Trustee Trustee or director | 2 | $0 |
| Sarah Murphy Starr | Trustee Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John J Kowalik | Head of School Officer | 60 | $622,545 | $325,263 |
| Dyana Conroy | CFO/COO Officer | 60 | $402,732 | $86,676 |
| Timothy Jaeger | Associate Head of School Highest-paid employee | 50 | $303,100 | $141,669 |
| Barbara Overstreet | Director of Advancement Highest-paid employee | 50 | $260,274 | $47,686 |
| John Mathews | Head of Middle School Highest-paid employee | 50 | $194,234 | $92,743 |
| Douglas McLane | Head of Upper School Highest-paid employee | 50 | $180,727 | $96,126 |
| Donnette Echols | Head of Lower School Highest-paid employee | 50 | $194,389 | $41,068 |
| Norma C Ramsey | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Natalie F Bush | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Martin W Sumner | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Tanya LR La Force | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Noha Abdalla | Trustee Trustee or director | 2 | $0 | $0 |
| Yousef Al Otaiba | Trustee Trustee or director | 2 | $0 | $0 |
| Randy Altschuler | Trustee Trustee or director | 2 | $0 | $0 |
| Victoria Davis | Trustee Trustee or director | 2 | $0 | $0 |
| Ellen M Dwyer | Trustee Trustee or director | 2 | $0 | $0 |
| Mina C Faltas | Trustee Trustee or director | 2 | $0 | $0 |
| James B Fleming | Trustee Trustee or director | 2 | $0 | $0 |
| Christopher D Graham | Trustee Trustee or director | 2 | $0 | $0 |
| Nitin Goyal | Trustee Trustee or director | 2 | $0 | $0 |
| Won Kim | Trustee Trustee or director | 2 | $0 | $0 |
| Kimberly A Kuryea | Trustee Trustee or director | 2 | $0 | $0 |
| Reed W Landry | Trustee Trustee or director | 2 | $0 | $0 |
| Maryanne R Lavan | Trustee Trustee or director | 2 | $0 | $0 |
| Robert D Moser | Trustee Trustee or director | 2 | $0 | $0 |
| Patricia Potts | Trustee Trustee or director | 2 | $0 | $0 |
| Paul F Sheridan Jr | Trustee Trustee or director | 2 | $0 | $0 |
| Sarah Murphy Starr | Trustee Trustee or director | 2 | $0 | $0 |
| Stefanie A Thomas | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN J KOWALIK | HEAD OF SCHOOL Officer | 60 | $698,812 | $163,166 |
| DYANA CONROY | CFO/COO Officer | 60 | $362,089 | $78,244 |
| TIMOTHY JAEGER | ASSOCIATE HEAD OF SCHOOL Highest-paid employee | 60 | $269,525 | $133,192 |
| BARBARA OVERSTREET | DIRECTOR OF ADVANCEMENT Highest-paid employee | 50 | $248,991 | $40,992 |
| JOHN MATHEWS | HEAD OF MIDDLE SCHOOL Highest-paid employee | 50 | $194,878 | $87,088 |
| DOUGLAS MCLANE | HEAD OF UPPER SCHOOL Highest-paid employee | 50 | $178,760 | $85,011 |
| DONNETTE ECHOLS | HEAD OF LOWER SCHOOL Highest-paid employee | 50 | $177,398 | $33,545 |
| SAMEER BHARGAVA | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NORMA C RAMSEY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TANYA LR LA FORCE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARTIN W SUMNER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| NOHA ABDALLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATALIE F BUSH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MINA C FALTAS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL L DAVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN M DWYER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| YOUSEF AL OTAIBA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER D GRAHAM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| VICTORIA J DAVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REED LANDRY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARYANNE LAVAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KIMBERLY A KURYEA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEFANIE A THOMAS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES H ROONEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIC W ROSENTHAL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES FLEMING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PATRICIA POTTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL SHERIDAN JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WON KIM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLES O ROSSOTTI | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1301 POTOMAC SCHOOL RD, MCLEAN, VA 22101-2350
- Principal officer (990 for 2024)
- John Kowalik, 1301 Potomac School Road, McLean, VA 22101
- Signed the 990
- John Kowalik, Head of School
- Phone
- (703) 356-4100
- Website
- www.potomacschool.org
- Return prepared by
- Aprio Advisory Group LLC
Mission
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.
Program accomplishments
- Providing education from kindergarten to the twelfth grade for approximately 1070 students.Expenses $51,787,842 · grants $5,704,329 · revenue $57,070,066
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0562160
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1931
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $302,352,307
- Income (IRS master file)
- $112,556,753
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $76,946,773 | $62,313,929 | $302,352,307 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $71,544,671 | $57,741,727 | $246,436,798 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $60,262,732 | $56,336,191 | $227,941,058 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $56,983,758 | $53,794,709 | $221,694,159 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0562160).
Questions about POTOMAC SCHOOL
- What is the EIN of POTOMAC SCHOOL?
- The employer identification number (EIN) of POTOMAC SCHOOL is 54-0562160.
- Is POTOMAC SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1931.
- Are donations to POTOMAC SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POTOMAC SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POTOMAC SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POTOMAC SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of POTOMAC SCHOOL?
- The 990 for the year ended June 30, 2025 names John Kowalik.
- Who are the officers and directors of POTOMAC SCHOOL?
- The 990 for the year ended June 30, 2025 lists 30 people; 7 received compensation from the organization, the highest $1,052,889 (John J Kowalik, Head of School).
- How much revenue does POTOMAC SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $76,946,773, expenses of $62,313,929 and total assets of $302,352,307 at year end.
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