Overview
What is The Latin School Of Chicago?
The Latin School of Chicago, established in 1888, is an independent co-educational day school catering to students from junior kindergarten to grade 12. The diverse student body comprises 1,190 students residing in Chicago and its suburbs. The faculty, consisting of caring and experienced professionals, boasts an impressive 86% holding master's degrees or higher, and maintains a favorable 9:1 student-faculty ratio. This esteemed institution offers a rigorous college-preparatory curriculum that nurtures independence, creativity, curiosity, and interdisciplinary learning. Financial aid is provided to students who might otherwise find it difficult to attend, with approximately 12.7% of the student population receiving assistance. The Latin School of Chicago's mission is to deliver a robust and innovative educational program, embracing the diversity of people, cultures, and ideas, inspiring students to lead purposeful and excellent lives. The organization employs 698 individuals.
Official website here: www.latinschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Latin School of Chicago has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and transparency. With an impressive overall score of 96%, the organization excels in financial management and adheres to best practices in governance. This rating highlights their effective oversight and prudent use of resources, ensuring donor funds are utilized efficiently.
The nonprofit showcases strengths through its independent board, comprising 100% independent members, which fosters objective decision-making. Additionally, their financial policies, including a whistleblower policy and a conflict of interest policy, further enhance their accountability framework. The school's robust audit and oversight practices, alongside a high program expense ratio of 81.37%, signify that a significant portion of their budget directly supports their educational programs.
While the organization shows remarkable strength in these areas, the summary does not touch upon any significant limitations or challenges. Overall, The Latin School of Chicago exemplifies a well-managed nonprofit that prioritizes transparency and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is The Latin School Of Chicago legitimate?
The Latin School Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Latin School Of Chicago 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: $1,687,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,989,016
For more financial information, click here
Official website here: www.latinschool.org
What is the mission statement of The Latin School Of Chicago?
The Latin School of Chicago is an independent co-ed junior kindergarten-12th grade day school with a diverse student body of 1,190 students. Its mission is to provide students with a rigorous and innovative educational program that values diversity in people, cultures, and ideas. The school inspires students to lead lives of purpose and excellence through a college preparatory curriculum that encourages independence, creativity, and curiosity, with an emphasis on interdisciplinary learning. The faculty comprises caring, experienced professionals, over 86% of whom hold master's degrees or higher, ensuring a student-faculty ratio of 9:1. The school offers financial aid to assist students who might not otherwise be able to attend, with approximately 12.7% of the student body receiving financial assistance.
Official website here: www.latinschool.org
What is the revenue of The Latin School Of Chicago?
The Latin School Of Chicago's revenue in 2023 was $54,240,479.
Official website here: www.latinschool.org
Who are the executives of The Latin School Of Chicago and what are their salaries?
The average compensation at The Latin School Of Chicago during 2023 was $40,480. There are 659 employees and 250 volunteers at The Latin School Of Chicago.
Here are 41 key members and their salaries:
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Official website here: www.latinschool.org
Where can I find the form 990 for The Latin School Of Chicago?
The Latin School Of Chicago's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.latinschool.org
Learn more at the official website: www.latinschool.org
Mission Statement of The Latin School Of Chicago
The Latin School of Chicago, an independent co-ed junior kindergarten-12th grade day school, is committed to delivering a rigorous and innovative educational program that embraces diversity in people, cultures, and ideas. This esteemed institution, with a proud history dating back to 1888, nurtures its students to lead lives of purpose and excellence.
The Latin School of Chicago is home to a diverse community of 1,190 students in junior kindergarten-12th grade. The faculty, composed of caring, experienced professionals, boasts an impressive 86% holding a master's degree or higher. With a student-faculty ratio of 9:1, students at The Latin School of Chicago receive personalized attention and support.
Academically, the school offers a rigorous college preparatory curriculum that fosters independence, creativity, and curiosity. Emphasizing interdisciplinary learning, Latin provides its students with a solid foundation for higher education and future success. In their pursuit of academic excellence, students at The Latin School of Chicago are encouraged to explore various subjects and develop a well-rounded education.
Additionally, The Latin School of Chicago recognizes the importance of accessibility to quality education. The school offers financial aid to approximately 12.7% of its student body, ensuring that students who may otherwise be unable to attend can still benefit from the exceptional education and opportunities provided by the institution. By prioritizing inclusivity and access to education for all, The Latin School of Chicago continues to inspire and empower its students to reach their full potential.
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Impact
October, 2024
The Latin School of Chicago significantly impacts the educational landscape by providing a rigorous and innovative program for students from junior kindergarten through 12th grade. Founded in 1888, it has cultivated a diverse community of approximately 1,190 students who benefit from a dynamic learning environment that emphasizes independence, creativity, and curiosity through its college preparatory curriculum.
With a low student-faculty ratio of 9:1 and a highly qualified faculty—over 86% of whom hold master's degrees or higher—students receive personalized support and mentorship that encourages academic excellence. Latin's commitment to interdisciplinary learning fosters critical thinking and collaborative skills, essential for success in today's complex world.
Moreover, the school is dedicated to inclusivity, with nearly 13% of students receiving financial aid, ensuring that a diverse range of voices and perspectives are represented. This emphasis on embracing diversity not only enriches the learning experience but also prepares students to lead lives of purpose and excellence, embodying the school's mission to inspire future leaders. Through its holistic approach to education, The Latin School of Chicago plays a pivotal role in shaping well-rounded individuals who are equipped to make meaningful contributions to society.
This information is meant to be a general summary of The Latin School Of Chicago. 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 2023.
- Investment Income: $1,172,604
- Program Service Revenue: $48,331,381
- Gross Receipts: $62,565,212
Assets and Liabilities:
- Total Assets: $148,380,802
- Total Liabilities: $42,135,094
- Net Assets: $106,245,708
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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
$46,730,844
SUMMER PROGRAMS
Revenue
$762,707
AFTER SCHOOL PROGRAMS
Revenue
$565,364
LUNCH ROOM
Revenue
$137,977
ATHLETIC CLUBS
Revenue
$119,951
Organization Details
Founding Year
1954
Principal Officer
Michael Szczepanek
Website
www.latinschool.orgNTEE Category
Code: B200 - Education
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