Nonprofit · EIN 52-0901098
NORWOOD SCHOOL INC
Tax-exempt · BETHESDA, MD 20817
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $28,711,323 | $24,049,257 | $4,662,066 | $77,343,970 | $29,062,357 | $48,281,613 |
| June 30, 2024 | 990 | $23,261,282 | $22,922,103 | $339,179 | $70,509,549 | $23,396,962 | $47,112,587 |
| June 30, 2023 | 990 | $23,645,209 | $21,898,072 | $1,747,137 | $68,460,974 | $23,091,586 | $45,369,388 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,234,486
- Program service revenue
- $20,845,253
- Investment income
- $6,275,776
- Net rental income
- $233,698
- Net gain from sales of assets
- $5,359,335
- Net income from fundraising events
- $108,655
- Net income from gaming
- $10,245
- Other revenue
- $355,808
Expenses
- Grants and similar amounts paid
- $2,742,864
- Compensation of officers, directors and key employees
- $848,494
- Other salaries and wages
- $11,164,709
- Salaries, compensation and benefits (total)
- $14,820,644
- Professional fundraising fees
- $0
- Legal fees
- $4,886
- Accounting fees
- $58,254
- Occupancy
- $1,021,101
- Travel
- $252,350
- Depreciation
- $1,572,683
- Program services (functional)
- $19,110,597
- Management and general (functional)
- $4,325,660
- Fundraising (functional)
- $613,000
Balance sheet and other
- Total assets, start of year
- $70,509,549
- Total assets, end of year
- $77,343,970
- Total liabilities, end of year
- $29,062,357
- Net assets, end of year
- $48,281,613
- Land, buildings and equipment
- $31,496,308
- Publicly traded securities
- $16,395,777
- Net assets without donor restrictions
- $29,548,790
- Net assets with donor restrictions
- $18,732,823
- Gross receipts
- $57,544,911
- Employees
- 217
- Volunteers
- 250
- Year formed
- 1952
- State of legal domicile
- MD
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 |
|---|---|---|---|---|
| MATTHEW A GOULD | HEAD OF SCHOOL Officer | 50 | $531,990 | $143,631 |
| WILLIAM C TEACHUM | DIRECTOR OF FINANCE & OPERATIONS Officer | 50 | $205,994 | $46,524 |
| MICHAEL RISEN | ASSOC. HEAD OF SCHOOL & MIDDLE SCHOOL Highest-paid employee | 40 | $171,732 | $37,472 |
| ABIGAIL WILLIAMS | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $177,540 | $8,532 |
| ALEXANDER RAGONE | DIRECTOR OF ADMISSION Highest-paid employee | 40 | $140,970 | $24,761 |
| A FIELDING WINTERS | HEAD OF LOWER SCHOOL Highest-paid employee | 40 | $141,238 | $11,770 |
| JUAN RAMIREZ | DIRECTOR OF TECHNOLOGY Highest-paid employee | 40 | $135,998 | $6,665 |
| GABBY GODDARD | BOARD CHAIR Trustee or director, Officer | 6 | $0 | $0 |
| DEBBIE TANG | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER SIDES | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DON KOCH | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ANAS ABUZAAKOUK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY PAT ALCUS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TYSON BELLAMY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALICIA DAVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUNNICE EUN | TRUSTEE Trustee or director | 2 | $0 |
| LEE ANNE JILLINGS | TRUSTEE Trustee or director | 2 | $0 |
| MARY KWAK | TRUSTEE Trustee or director | 2 | $0 |
| TOLU LAWRENCE | TRUSTEE Trustee or director | 2 | $0 |
| AMANDA LEVIN | TRUSTEE Trustee or director | 2 | $0 |
| JAY SAYKO | TRUSTEE Trustee or director | 2 | $0 |
| ALEX NEPHEW | TRUSTEE Trustee or director | 2 | $0 |
| JEN SCHENKER | TRUSTEE Trustee or director | 2 | $0 |
| ELLEN SPIEGEL | TRUSTEE Trustee or director | 2 | $0 |
| NATE TYRRELL | TRUSTEE Trustee or director | 2 | $0 |
| BOB WEIMAN | TRUSTEE Trustee or director | 2 | $0 |
| JOHN WOO | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW A GOULD | HEAD OF SCHOOL Officer | 50 | $509,188 | $136,851 |
| WILLIAM C TEACHUM | DIRECTOR OF FINANCE & OPERATIONS Officer | 50 | $191,662 | $50,271 |
| MICHAEL RISEN | HEAD OF LOWER SCHOOL Highest-paid employee | 40 | $162,345 | $35,453 |
| ABIGAIL WILLIAMS | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $170,010 | $10,696 |
| DENNIS CAMPBELL | HEAD OF MIDDLE SCHOOL Highest-paid employee | 40 | $159,196 | $10,002 |
| ALEXANDER RAGONE | DIRECTOR OF ADMISSION Highest-paid employee | 40 | $136,630 | $23,384 |
| MARY MULLIGAN | SIXTH GRADE HOMEROOM ADVISOR Highest-paid employee | 40 | $128,763 | $9,829 |
| JOSHUA SPENCER | BOARD CHAIR Trustee or director, Officer | 6 | $0 | $0 |
| DEBBIE TANG | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER SIDES | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DON KOCH | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MARY PAT ALCUS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TYSON BELLAMY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFF CARSWELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALICIA DAVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EUNNICE EUN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GABBY GODDARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LEE ANNE JILLINGS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TOLU LAWRENCE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AMANDA LEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALEX NEPHEW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEN SCHENKER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATE TYRRELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BOB WEIMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN WOO | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW A GOULD | HEAD OF SCHOOL Officer | 50 | $476,644 | $128,832 |
| WILLIAM C TEACHUM | DIRECTOR OF FINANCE & OPERATIONS Officer | 50 | $180,399 | $49,010 |
| MICHAEL RISEN | HEAD OF LOWER SCHOOL Highest-paid employee | 40 | $154,546 | $32,258 |
| DENNIS CAMPBELL | HEAD OF MIDDLE SCHOOL Highest-paid employee | 40 | $152,558 | $9,138 |
| ALEXANDER RAGONE | DIRECTOR OF ADMISSION Highest-paid employee | 40 | $128,906 | $22,233 |
| MARY MULLIGAN | DIRECTOR OF ADMISSION Highest-paid employee | 40 | $126,323 | $9,008 |
| FIELDING WINTERS | DIR OF CURRICULUM AND INSTRUCTION Highest-paid employee | 40 | $122,320 | $0 |
| JOSHUA SPENCER | BOARD CHAIR Trustee or director, Officer | 6 | $0 | $0 |
| MICHELLE FILNG | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 |
| SERGE LEARSEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MARY PAT ALCUS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TYSON BELLAMY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFF CARSWELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALICIA DAVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DON KOCH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LEE ANNE JILLINGS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TOLU LAWRENCE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AMANDA LEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALEX NEPHEW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELINOR SCULLY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JENNIFER SIDES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFFREY SPIGEL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRAD STEUART | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DEBBIE TANG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN WOO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATE TYRRELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8821 RIVER RD, BETHESDA, MD 20817-2640
- In care of
- % NORW
- Principal officer (990 for 2024)
- MATTHEW A GOULD PHD, 8821 RIVER ROAD, BETHESDA, MD 20817
- Signed the 990
- MATTHEW A GOULD PHD, HEAD OF SCHOOL
- Phone
- (301) 365-2595
- Website
- WWW.NORWOODSCHOOL.ORG
- Return prepared by
- RSM US LLP
Mission
NORWOOD SCHOOL'S CHILD-CENTERED PROGRAM INSPIRES CONFIDENT, COMPASSIONATE, INDEPENDENT, AND CREATIVE THINKERS WHO EMBRACE LIFELONG LEARNING.
Program accomplishments
- FOUNDED IN 1952, NORWOOD SCHOOL IS A COEDUCATIONAL INDEPENDENT SCHOOL FOR GRADES PK-8. THE SCHOOL'S APPROACH TO INSTRUCTION AND LEARNING BEGINS WITH A TEAM OF TEACHERS WHOSE FIRST PRIORITY IS TO FULLY UNDERSTAND EACH AND EVERY STUDENT. ONLY BY UNDERSTANDING EACH LEARNER CAN WE CREATE "JUST RIGHT" ACADEMIC EXPERIENCES WHERE EVERY CHILD IS STRETCHED BUT NOT STRESSED. OUR FOCUS ON INCLUSION AND RESPECT CREATES A CULTURE WHERE STUDENTS AND TEACHERS ARE GENUINELY INTERESTED IN LEARNING ABOUT ONE ANOTHER AND THE WORLD BEYOND OUR SCHOOL. NORWOOD IS ACCREDITED BY THE ASSOCIATION OF INDEPENDENT MARYLAND SCHOOLS.ALL INCOME AND EXPENSES ARE INCURRED THROUGH THE OPERATION OF AN INDEPENDENT SCHOOL GRADES PK THROUGH 8 WITH 451 STUDENTS. IN ADDITION TO TUITION REVENUE, NORWOOD SCHOOL GENERATES REVENUE THROUGH THE OPERATIONS OF A SUMMER CAMP AND AFTER SCHOOL AUXILIARY PROGRAMS.Expenses $19,110,597 · grants $2,742,864 · revenue $20,845,253
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
- 52-0901098
- 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
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B240)
- Assets (IRS master file)
- $77,343,970
- Income (IRS master file)
- $57,544,911
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $28,711,323 | $24,049,257 | $77,343,970 | IRS |
| 990 | June 2024 | $23,261,282 | $22,922,103 | $70,509,549 | XML |
| 990 | June 2023 | $23,645,209 | $21,898,072 | $68,460,974 | XML |
| 990 | June 2022 | $22,900,197 | $19,893,924 | $68,477,593 | IRS |
| 990 | 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 52-0901098).
Questions about NORWOOD SCHOOL INC
- What is the EIN of NORWOOD SCHOOL INC?
- The employer identification number (EIN) of NORWOOD SCHOOL INC is 52-0901098.
- Is NORWOOD SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to NORWOOD SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORWOOD SCHOOL INC 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 NORWOOD SCHOOL INC 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 NORWOOD SCHOOL INC 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 NORWOOD SCHOOL INC?
- The 990 for the year ended June 30, 2025 names MATTHEW A GOULD PHD.
- Who are the officers and directors of NORWOOD SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 27 people; 7 received compensation from the organization, the highest $531,990 (MATTHEW A GOULD, HEAD OF SCHOOL).
- How much revenue does NORWOOD SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $28,711,323, expenses of $24,049,257 and total assets of $77,343,970 at year end.
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