THE FIELD SCHOOL INC

EIN: 520960218 501(c)(3)

WASHINGTON, DC

Total Revenue
$30,715,493
Total Expenses
$22,253,051
Total Assets
$108,983,191
Net Assets
$71,253,572
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DC
Principal Officer
LORI STRAUSS
Phone
2022955800
Tax Period
2024-07-01 to 2025-06-30

THE FIELD SCHOOL INC, founded in 1972, is a mid-sized nonprofit that reported $30.7M in total revenue in fiscal year 2024. The organization ran a surplus of $8.5M, a strong 28% operating margin.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,971,727
Program Service Revenue $21,316,793
Investment Income $2,297,122
Other Revenue $129,851
TOTAL REVENUE $30,715,493

Expense Breakdown

Grants Paid $2,968,014
Salaries & Benefits $12,509,297
Fundraising Expenses $1,463,355
Program Expenses $18,693,242
Other Expenses $6,775,740
TOTAL EXPENSES $22,253,051

Year-over-Year Comparison

2024 2023 Change
Revenue $30,715,493 $31,519,107 0.0%
Expenses $22,253,051 $20,393,382 +0.1%
Net Income $8,462,442 $11,125,725 -0.2%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
148
Volunteers
100

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,303,172
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NELSON TORRES BOARD CHAIR 2.00
Officer Director
$0 $0 $0
WILL PECAU VICE CHAIR 1.00
Officer Director
$0 $0 $0
MYRA MCGOVERN VICE CHAIR 1.00
Officer Director
$0 $0 $0
LISA FAUNTROY SECRETARY 1.00
Officer Director
$0 $0 $0
MIMI STROUSE TREASURER 1.00
Officer Director
$0 $0 $0
ROBERTA BANTEL TRUSTEE 1.00
Director
$0 $0 $0
BETSEY DRUCKER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL DESANTIS TRUSTEE 1.00
Director
$0 $0 $0
SAM KLAUSNER TRUSTEE 1.00
Director
$0 $0 $0
KEISHA LEMON TRUSTEE 1.00
Director
$0 $0 $0
NANCY MELLON TRUSTEE 1.00
Director
$0 $0 $0
CYNTHIA QUARTERMAN TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH SAVAGE TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE SCHWARTZ TRUSTEE 1.00
Director
$0 $0 $0
DAVID SCHWARZ TRUSTEE 1.00
Director
$0 $0 $0
DAVE SOHIER TRUSTEE 1.00
Director
$0 $0 $0
LORI STRAUSS HEAD OF SCHOOL 60.00
Officer
$722,967 $87,302 $810,269
JULIA GAYLORD ASSISTANT HEAD OF SCHOOL 50.00
Officer
$186,049 $36,395 $222,444
JOHN REGER CFO/COO 50.00
Officer
$243,773 $26,686 $270,459
TARA MCHALE DIR. OF STUDENT SUPPORT SERVICES 40.00
Highest
$166,537 $34,898 $201,435
PAGE NATHANIEL STITES UPPER SCHOOL DIRECTOR 40.00
Highest
$175,199 $25,127 $200,326
JACLYN ZARRELLA HISTORY DEPT. CHAIR & US INST. COACH 40.00
Highest
$153,121 $8,738 $161,859
DEBARIO FLEMING DIRECTOR OF DEI 40.00
Highest
$149,884 $6,355 $156,239
SUSAN VOGEL DIRECTOR OF ADVANCEMENT 40.00
Highest
$187,932 $6,487 $194,419
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $30,715,493 $22,253,051 $108,983,191 $8,462,442
2024 $31,519,107 $20,393,382 $99,405,055 $11,125,725
2023 $20,591,953 $19,840,614 $84,991,207 $751,339
2022 $21,035,391 $18,517,182 $76,281,193 $2,518,209
2021 $22,433,971 $18,694,254 $75,910,108 $3,739,717
2020 $20,129,095 $17,945,582 $72,947,119 $2,183,513
2019 $19,543,468 $19,053,420 $71,238,041 $490,048
2018 $18,523,528 $17,898,254 $70,389,040 $625,274
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