Graduate School FY2024 filing

Washington, DCUnknown exempt organization EIN 26-4232788Revenue $137K in FY2024Latest return filed Jun 15, 2025

On file with the IRSgraduateschool.eduWashington, DC

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Develop & administer activities for educational improvement & increase employee productivity.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-4232788) · Dispute this line
82¢ of each $1 spent went to programs.
$343K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $721K a year · 5% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
82% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$343K
to officers and key staff · 13% of spending
Pay to officers and key staff is 13% of spending.
Part VII, Section A
0.3 mo
of spending, in cash
Plus $2.0M in investments, Pt X · Ln 11–13
0.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$24K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$137K
-96% vs prior year
Spent
$2.7M
To programs
82%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$137K
FY2024▼ -96%
Tap a bar for its year
Revenue by fiscal year
FY2020$25.2M
FY2021$23.8M
FY2022$13.9M
FY2023$3.3M
FY2024$137K
FY2025$65K
Expenses
$2.7M
FY2024▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$28.9M
FY2021$22.6M
FY2022$12.6M
FY2023$3.1M
FY2024$2.7M
FY2025Not on file
Net assets
$2.0M
FY2024▼ -56%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$3.1M
FY2022$4.3M
FY2023$4.6M
FY2024$2.0M
FY2025Not on file

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $2.2M Management & general 18% · $492K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $343K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Former President/CEO - Until 5/2023
$112,535Pt VII · Sec A
$105,900Pt VII · Sec A
President/Chair
$50,000Pt VII · Sec A
Secretary/Trustee
$30,000Pt VII · Sec A
$15,000Pt VII · Sec A
$15,000Pt VII · Sec A
$15,000Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Maykoski—$112,535$234,587$276,154$209,225$198,018
Robert H Kies JR——$181,814$205,992$184,377$174,366
Beth Stoops———$196,640$137,278$171,900
Jason Aubuchon———$170,122$130,300$135,456
Michael Binder———$160,984—$134,643
Kim Price-Harwood———$151,963$128,361$127,178
Allyson Burton$41,340$105,900$112,069$144,465——
James Green——$124,500$136,200$135,250$121,306

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves education and boosts employee productivity through organized activities.

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1 program · $2.2M · in their own filed words · FY2023
01

Education & Training

Public service education institute (psei)supports non-profit organizations that provide education and training opportunities to aspiring and seasoned professionals to prepare individuals to enter and advance in careers in government, and other positions with private and not-for-profit organizations.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-4232788) · Dispute this line
$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $4.0M · 2022–2023
Virginia Tech Foundation INCVA · FY2023$1,500,000
Hampton UniversityVA · FY2023$500,000
Williams-Franklin FoundationDC · FY2023$50,000
Virginia Tech Foundation INCVA · FY2022$2,000,000

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2021 · $1.5M federal money spent
Professional and Cultural Exchange Programs - International Visitor Leadership ProgramDepartment of State · ALN 19.402 · Direct$1.1M
Food and Drug Administration_researchDepartment of Health and Human Services · ALN 93.103 · Direct$392K
East Asia and Pacific Grants ProgramDepartment of State · ALN 19.124 · Direct$23K

The auditor reported 2 findings: a weakness in money controls.

Year ending Jun 2020 · $3.2M federal money spent
Professional and Cultural Exchange Programs - International Visitor Leadership ProgramDepartment of State · ALN 19.402 · Direct$2.6M
Food and Drug Administration_researchDepartment of Health and Human Services · ALN 93.103 · Direct$415K
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$151K

The auditor reported no findings.

Year ending Jun 2019 · $4.2M federal money spent
Professional and Cultural Exchange Programs - International Visitor Leadership ProgramDepartment of State · ALN 19.402 · Direct$3.7M
Food and Drug Administration_researchDepartment of Health and Human Services · ALN 93.103 · Direct$425K
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$74K

The auditor reported no findings.

Year ending Jun 2018 · $4.1M federal money spent
Professional and Cultural Exchange Programs - International Visitor ...Department of State · ALN 19.402 · Direct$3.6M
Food and Drug Administration Education and Outreach Program Targetin...Department of Health and Human Services · ALN 93.103 · Direct$506K

The auditor reported no findings.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$137K
Ln 12
Investment incomeLn 3$137K
Other incomeLn 4–11$21
Money outPt IX
$2.7M
Ln 25
Programscol B$2.2M
Managementcol C$492K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$65K
Total assetsLn 16$2.1M
LiabilitiesLn 26$24K
PeoplePt VI, VII
7
listed · VII A
PaidVII A7
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$137K
Other incomeLn 4–11$21
Total revenueLn 12$137K
Assets in detailPt X, end of year
CashLn 1$65K
Cash and savings togetherLn 1–2$65K
Accounts receivableLn 4$5K
Prepaid expenses and deferred chargesLn 9$32K
InvestmentsLn 11–13$2.0M
Total assetsLn 16$2.1M
LiabilitiesLn 26$24K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 5366
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$323K$65K
InvestmentsLn 11–13$3.7M$2.0M
Total assetsLn 16$4.7M$2.1M
LiabilitiesLn 26$109K$24K
Net assetsLn 32$4.6M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.1M$2.1M
Pay of officers and key staff (Part IX, line 5)Ln 5$184K$165K$18K
Other salaries and wagesLn 7$5K$5K$529
Other employee benefitsLn 9$12K$11K$1K
Payroll taxesLn 10$3K$3K
Legal feesLn 11b$66K$66K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$28K$28K
Office expensesLn 13$5K$5K
TravelLn 17$81$81
InsuranceLn 23$63K$63K
Other expenses (24a–d)Ln 24$299K$299K
Total functional expensesLn 25$2.7M$2.2M$492K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 15, 2025 $65K 990 PDF
FY2024 ViewingFiled with the IRS Dec 18, 2024 $137K$2.7M−$2.6M$2.0M 990 PDF
FY2023Filed with the IRS Nov 13, 2023 $3.3M$3.1M$181K$4.6M 990 PDF
FY2022Filed with the IRS May 12, 2023 $13.9M$12.6M$1.3M$4.3M 990 PDF
FY2021Filed with the IRS May 13, 2022 $23.8M$22.6M$1.2M$3.1M 990 PDF
FY2020Filed with the IRS May 12, 2021 $25.2M$28.9M−$3.7M$1.6M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $137,288 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,213,025$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $112,684$137,267
I-11 Other revenuePrior year $0$21
I-12 Total revenuePrior year $3,325,709$137,288
I-13 Grants and similar amounts paidPrior year $2,000,000$2,051,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $718,517$204,241
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $426,290$468,058
I-18 Total expensesPrior year $3,144,807$2,723,299
I-19 Revenue less expensesPrior year $180,902−$2,586,011
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $137,288 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $137,267$137,267
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $21$21
VIII-12 Total revenueRelated to mission $21 · Unrelated business $0 · Excluded from tax $137,267$137,288
Part IX · Statement of functional expenses $2,723,299 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $2,051,000$2,051,000
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $165,166 · Management $18,352$183,518
IX-7 Other salaries and wagesPrograms $4,764 · Management $529$5,293
IX-9 Other employee benefitsPrograms $10,742 · Management $1,193$11,935
IX-10 Payroll taxesManagement $3,495$3,495
IX-11b Legal feesManagement $65,890$65,890
IX-11c Accounting feesManagement $8,206$8,206
IX-11g Other fees for servicesManagement $27,556$27,556
IX-13 Office expensesManagement $4,644$4,644
IX-17 TravelManagement $81$81
IX-23 InsuranceManagement $63,071$63,071
IX-24 Other expenses (24a–d)Management $298,610$298,610
IX-25 Total functional expensesPrograms $2,231,672 · Management $491,627 · Fundraising $0$2,723,299
Part X · Balance sheet $2,059,041 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $322,519$65,110
X-4 Accounts receivableStart of year $584,599$5,307
X-9 Prepaid expenses and deferred chargesStart of year $83,160$31,645
X-11 Publicly traded securitiesStart of year $3,703,334$1,956,979
X-16 Total assetsStart of year $4,693,612$2,059,041
X-17 Accounts payable and accrued expensesStart of year $108,711$23,630
X-26 Total liabilitiesStart of year $108,711$23,630
X-27 Net assets without donor restrictionsStart of year $4,584,901$2,035,411
X-32 Total net assets or fund balancesStart of year $4,584,901$2,035,411
X-33 Total liabilities and net assetsStart of year $4,693,612$2,059,041
Part XI · Reconciliation of net assets $2,035,411 net assets at year end
XI-1 Total revenue$137,288
XI-2 Total expenses$2,723,299
XI-3 Revenue less expenses−$2,586,011
XI-4 Net assets at start of year$4,584,901
XI-5 Net unrealized gains (losses) on investments$35,501
XI-8 Prior period adjustments$1,020
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,035,411

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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