Overview
What is Loyola High School Foundation?
Loyola High School Foundation is a Michigan-based nonprofit organization, specifically located at 15325 PINEHURST, Detroit, MI 48238. Its primary mission is to support the operations of Loyola High School by managing and distributing charitable contributions. To achieve this objective, the foundation establishes endowments, invests the donations, and meticulously administers them for the benefit of the school. The Loyola High School Foundation is an integral part of the educational institution, sharing common trustees to ensure the school's long-term success and sustainability.
Official website here: www.loyolahsdetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Loyola High School Foundation has achieved an impressive 97% score, reflecting its strong accountability and financial practices. This rating is based entirely on a single beacon score, which highlights the organization's commitment to maintaining transparency and effective management of its resources. The foundation has a completely independent board, with all members fulfilling the role without any conflicts of interest or material asset diversions.
The organization shows strong fiscal responsibility, with a program expense ratio of 95.34%, indicating that the vast majority of its funds are directed towards its educational programs. Additionally, they have robust governance policies in place, including a whistleblower policy and procedures for document retention, which further enhance their operational integrity. Overall, the foundation's strong financial health and adherence to best practices make it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Loyola High School Foundation?
94% of 47 reviewers on Facebook recommend the Loyola High School Foundation. Here is a summary of their reviews:
The overall sentiment towards Loyola High School is overwhelmingly positive. Parents express strong affection for the institution, highlighting its safe environment and welcoming community. Many describe the school as a nurturing place where boys can grow and develop, forming strong bonds akin to brotherhood. Testimonials emphasize the dedication of the teachers and staff, who are seen as caring and committed to the students’ well-being and academic success.
Additionally, the school's sports programs receive high praise for their positive impact on young men, fostering teamwork and camaraderie. Reviewers appreciate the leadership of the principal and the involvement of volunteer parents, contributing to a strong sense of community within the school. Parents feel confident in recommending Loyola as an excellent option for boys in the Detroit area seeking a supportive and enriching educational experience.
This AI summary has been generated from reviews found on Facebook.
Is Loyola High School Foundation legitimate?
Loyola High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola High School Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.loyolahsdetroit.org
What is the mission statement of Loyola High School Foundation?
The Loyola High School Foundation, a nonprofit organization, exists primarily to manage and distribute charitable contributions for the benefit of Loyola High School. Their mission is to establish endowments that support the operational needs of the school. This Michigan-based foundation shares common trustees with the school and primarily provides grants to Loyola High School to aid in its operations. The Loyola High School Foundation serves as a vital financial support system for the school, ensuring its continued operation and success.
Official website here: www.loyolahsdetroit.org
Who is the CEO of Loyola High School Foundation?
David R Smith is the President of Loyola High School Foundation.
Official website here: www.loyolahsdetroit.org
What is the revenue of Loyola High School Foundation?
Loyola High School Foundation's revenue in 2022 was -$202,119.
Official website here: www.loyolahsdetroit.org
Who are the executives of Loyola High School Foundation and what are their salaries?
There 4 volunteers at Loyola High School Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $124,988
- Other: $41,250
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.loyolahsdetroit.org
Where can I find the form 990 for Loyola High School Foundation?
Loyola High School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loyolahsdetroit.org
Learn more at the official website: www.loyolahsdetroit.org
Mission Statement of Loyola High School Foundation
The Loyola High School Foundation, a nonprofit organization, is established with the primary objective of managing and overseeing endowments intended to support the operational expenses of Loyola High School. This Michigan-based foundation operates under a shared trustee system with the school, receiving, investing, and administering charitable contributions for its benefit. The Loyola High School Foundation allocates grants to the school to ensure its smooth operations, thereby contributing significantly to its continued operation and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Loyola High School Foundation significantly enhances the educational experience at Loyola High School by establishing and managing endowments that directly support the school's operations. Through strategic grants, the foundation provides essential resources that enable the school to deliver a quality education to its students. By investing and administering charitable contributions, it ensures that the institution has the financial stability needed to thrive. This impact is felt across various facets of school life, from academic programs to extracurricular activities, fostering an environment where students can excel in their educational pursuits. Situated in Detroit, Michigan, the foundation's efforts contribute to the overall mission of providing a holistic and impactful educational experience.
This information is meant to be a general summary of Loyola High School Foundation. 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: -$202,119
- Gross Receipts: $86,812
Assets and Liabilities:
- Total Assets: $5,615,654
- Total Liabilities: $0
- Net Assets: $5,615,654
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(313) 861-2407Principal Officer
David R Smith
Main Address
15325 PINEHURST, DETROIT, MI, 48238
Website
www.loyolahsdetroit.orgNTEE Category
Code: B112 - Education
If you are a representative of Loyola High School Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.