Overview
What is The Loomis Institute?
The Loomis Institute, also known as The Loomis Chaffee School, is a nonprofit educational institution located in Windsor, Connecticut. With a staff of 443 employees, the organization caters to high school students in both boarding and day school formats, preparing them for college. The mission of The Loomis Institute is to provide a quality education for boys and girls in grades 9-12, focusing on their college preparation and eventual placement. The institute's primary activity revolves around this educational goal.
Official website here: www.loomis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Loomis Institute has achieved a commendable 96% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. This rating is derived entirely from a single beacon score that focuses on its financial practices and governance. A key highlight is its independent board composition, with 92% of board members being independent, demonstrating a robust governance structure.
The organization excels in financial management, as evidenced by its high program expense ratio of 78.17%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, The Loomis Institute maintains comprehensive oversight through its audit and oversight committee, scoring full points in this area, along with strong policies for conflict of interest and whistleblower protection.
No significant limitations were noted in the data, with the organization showing no material diversion of assets and a solid liabilities-to-assets ratio of 18.92%. Overall, The Loomis Institute stands out as a well-managed nonprofit, committed to transparency and effective use of its funds for its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Loomis Institute?
94% of 212 reviewers on Facebook recommend The Loomis Institute. Here is a summary of their reviews:
Many supporters express a strong appreciation for the school's environment and its potential for employment opportunities, highlighting its welcoming atmosphere. Positive sentiments towards the faculty and overall educational experience are evident, indicating that the institute offers a supportive learning environment.
The enthusiasm in reviews suggests that The Loomis Institute is a well-regarded institution where individuals feel encouraged and hopeful about joining the team. Overall, the institute seems to have a solid reputation in its community.
This AI summary has been generated from reviews found on Facebook.
Is The Loomis Institute legitimate?
The Loomis Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Loomis Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,726,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,308,987
For more financial information, click here
Official website here: www.loomis.org
What is the mission statement of The Loomis Institute?
The Loomis Institute, also known as The Loomis Chaffee School, is dedicated to educating high school students in a boarding and day school setting. Their primary goal is to prepare and place these students in colleges. Through this rigorous educational program, they aim to provide the necessary skills and knowledge for the students' future academic and professional pursuits. The institution's mission is focused on the holistic development of students, ensuring they are well-equipped for the challenges of higher education and beyond.
Official website here: www.loomis.org
Who is the CEO of The Loomis Institute?
Richard Esposito is the Head Of School of The Loomis Institute.
Official website here: www.loomis.org
What is the revenue of The Loomis Institute?
The Loomis Institute's revenue in 2022 was $70,302,251.
Official website here: www.loomis.org
Who are the executives of The Loomis Institute and what are their salaries?
The average compensation at The Loomis Institute during 2022 was $45,228. There are 443 employees and 544 volunteers at The Loomis Institute.
Here are 32 key members and their salaries:
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- Compensation: $301,285
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- Compensation: $267,441
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- Other: $69,065
- Compensation: $183,426
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- Other: $88,615
- Compensation: $163,973
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- Other: $130,653
- Compensation: $144,360
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- Other: $82,069
- Compensation: $149,423
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- Other: $35,145
- Compensation: $154,686
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- Other: $17,246
Official website here: www.loomis.org
Where can I find the form 990 for The Loomis Institute?
The Loomis Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loomis.org
Learn more at the official website: www.loomis.org
Mission Statement of The Loomis Institute
The Loomis Institute, also known as The Loomis Chaffee School, is a prestigious educational institution dedicated to the preparation and placement of high school students, both boys and girls, in a boarding and day school format. With a mission focused on college readiness, this respected institution strives to provide an enriching and comprehensive educational experience.
In the heart of this mission, The Loomis Institute cultivates an environment conducive to academic success and personal growth. Fostering a strong foundation for higher education, the institution offers a rigorous curriculum designed to challenge and inspire young learners. The school's commitment to college preparation and placement ensures that students are well-equipped to face the demands of post-secondary education and beyond.
The Loomis Institute's dedication extends beyond just academics; it also places a significant emphasis on the overall development of each student. Encouraging personal growth and exploration, the institution provides opportunities for students to explore their interests, build essential skills, and forge strong relationships. Through a nurturing community that values individuality, creativity, and resilience, The Loomis Institute lays the groundwork for students to thrive both academically and personally.
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Impact
October, 2024
The Loomis Institute significantly impacts students through its comprehensive educational programs designed for high school boys and girls in grades 9-12. By offering a unique boarding and day school format, it fosters a focused learning environment that prioritizes college preparation and placement.
Students benefit from a rigorous curriculum, personalized guidance, and supportive faculty, all of which contribute to their academic and personal growth. The institution equips young individuals with essential skills, values, and knowledge necessary for success in higher education and beyond. This commitment to excellence not only enhances students' educational experiences but also prepares them for future challenges, empowering them to achieve their goals and make meaningful contributions to society.
This information is meant to be a general summary of The Loomis Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,160,303
- Program Service Revenue: $45,024,708
- Gross Receipts: $115,071,311
Assets and Liabilities:
- Total Assets: $428,670,853
- Total Liabilities: $88,935,234
- Net Assets: $339,735,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$44,247,118
SUMMER PROGRAMS
Revenue
$423,374
STUDENT ACTIVITIES
Revenue
$348,616
FACILITY RENTAL
Revenue
$5,600
Organization Details
Founding Year
1874
Phone
(860) 687-6000Principal Officer
Richard Esposito
Main Address
BATCHELDER ROAD, WINDSOR, CT, 06095
Website
www.loomis.orgNTEE Category
Code: B250 - Education
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