OUR LADY OF THE WOODS CORPORATION

EIN: 521011508 501(c)(3)

BETHESDA, MD

Total Revenue
$9,847,066
Total Expenses
$9,044,734
Total Assets
$20,974,427
Net Assets
$9,660,449
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MD
Principal Officer
JESSICA PALLADINO
Phone
3013653080
Tax Period
2024-07-01 to 2025-06-30

OUR LADY OF THE WOODS CORPORATION, founded in 1975, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2024. Expenses of $9.0M left a modest 8% surplus.

Mission

TO OPERATE A PRIVATE SCHOOL FOR AGE 3 THROUGH EIGHTH GRADE STUDENTS.

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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 $992,586
Program Service Revenue $8,629,056
Investment Income $252,756
Other Revenue $-27,332
TOTAL REVENUE $9,847,066

Expense Breakdown

Grants Paid $223,158
Salaries & Benefits $6,104,353
Fundraising Expenses $361,390
Program Expenses $6,381,210
Other Expenses $2,717,223
TOTAL EXPENSES $9,044,734

Year-over-Year Comparison

2024 2023 Change
Revenue $9,847,066 $9,847,477 0.0%
Expenses $9,044,734 $9,667,556 -0.1%
Net Income $802,332 $179,921 +3.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
86
Volunteers
125

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
6
$552,730
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFONZO LEON TREASURER 5.00
Officer Director
$0 $0 $0
ALISON PLOTAS TRUSTEE 1.00
Director
$0 $0 $0
DAVID VENKER TRUSTEE 1.00
Director
$0 $0 $0
DONNA BYRNE CHAIR 5.00
Officer Director
$0 $0 $0
ELIZABETH POTARAZU TRUSTEE 1.00
Director
$0 $0 $0
INES VEGA TRUSTEE 1.00
Director
$0 $0 $0
JAMAAL MOBLEY TRUSTEE 1.00
Director
$0 $0 $0
JOHN GLENNON JR TRUSTEE 1.00
Director
$0 $0 $0
KEMBA WALDEN TRUSTEE 1.00
Director
$0 $0 $0
MARC FERRELL TRUSTEE 1.00
Director
$0 $0 $0
MARK JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
MARTHA GUTIERREZ TRUSTEE 1.00
Director
$0 $0 $0
MEGAN GANGULY VICE CHAIR 5.00
Officer Director
$0 $0 $0
PAULA PRYOR TRUSTEE 1.00
Director
$0 $0 $0
REBECCA KENNEDY SECRETARY 5.00
Officer Director
$0 $0 $0
ROBIN CLARK TRUSTEE 1.00
Director
$0 $0 $0
STEVEN GOBIEN TRUSTEE 1.00
Director
$0 $0 $0
JESSICA PALLADINO HEAD OF SCHOOL 40.00
Officer
$326,666 $30,090 $356,756
HASMIG MAHSHIGIAN DIR OF FINANCE & OPERATION 40.00
Officer
$171,694 $24,280 $195,974
JODIE SHOEMAKER ASSISTANT HEAD OF SCHOOL 40.00
Highest
$119,921 $35,947 $155,868
ERIN JEFFERS ATHLETIC DIRECTOR 40.00
Highest
$115,336 $28,330 $143,666
ERIC SMITH DIRECTOR OF TECHNOLOGY 40.00
Highest
$113,999 $22,518 $136,517
HEGHOUSH SHEGERIAN BUSINESS OFFICER 40.00
Highest
$119,541 $14,646 $134,187
PAUL PAOLETTI DIRECTOR OF MIDDLE SCHOOL 40.00
Highest
$111,522 $17,098 $128,620
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 $9,847,066 $9,044,734 $20,974,427 $802,332
2024 $9,847,477 $9,667,556 $19,465,617 $179,921
2023 $9,639,425 $9,401,243 $18,702,677 $238,182
2022 $9,993,926 $8,995,749 $12,069,354 $998,177
2021 $9,381,870 $7,898,870 $10,785,338 $1,483,000
2020 $8,002,669 $8,049,580 $9,455,510 $-46,911
2019 $7,920,731 $7,937,260 $8,813,957 $-16,529
2018 $8,210,374 $8,026,459 $8,763,609 $183,915
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