Overview
What is Loyola Academy Of St Louis?
Loyola Academy of St. Louis is a nonprofit organization situated in St. Louis, Missouri, with a mission to educate and support young men from low-income families residing in high-risk areas. Their goal is to break the cycle of poverty through education, offering a college-preparatory academic program, character education, enrichment, and recreation. This comprehensive approach aims to equip their graduates with the skills necessary to succeed in college-prep high schools. With a dedicated team of 30 employees, Loyola Academy of St. Louis serves its community by providing an academic challenge, structure, emotional and physical support, and inspiration, aligning with the Ignatian tradition.
Official website here: www.loyolaacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Stars
Loyola Academy of St. Louis has achieved a remarkable Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's overall score is derived entirely from its Accountability & Finance beacon, where it scored an impressive 95%. This high rating underscores the organization's effective financial management and responsible practices in handling its resources.
The organization stands out for having a fully independent board, with all 28 members meeting this criterion. It also received perfect scores in multiple financial categories, including a program expense ratio of 71.81%, indicating that a significant portion of its budget directly supports its mission. Additionally, the charity demonstrates robust financial oversight with no material diversions of assets and a favorable liabilities to assets ratio of just 2.73%.
While the ratings are stellar, it is important to consider that the overall score is calculated from a single beacon, which means that other dimensions of organizational performance may not be evaluated in this assessment. However, based on the available data, Loyola Academy of St. Louis exemplifies strong governance and effective use of funds, making it a reliable nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Loyola Academy Of St Louis legitimate?
Loyola Academy Of St Louis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola Academy Of St Louis 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: $155,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,272,341
For more financial information, click here
Official website here: www.loyolaacademy.org
What is the mission statement of Loyola Academy Of St Louis?
Loyola Academy of St. Louis is committed to breaking the cycle of poverty through education. The institution identifies a need within the St. Louis metropolitan area, specifically catering to middle school boys from low-income families who reside in high-risk areas and face varying socio-economic challenges within their families. Loyola Academy provides a college-preparatory academic program, character education, enrichment, and recreation. This comprehensive approach enables its graduates to succeed in college-prep high schools.
Official website here: www.loyolaacademy.org
Who is the CEO of Loyola Academy Of St Louis?
Dr H Eric Clark is the Chair of Loyola Academy Of St Louis.
Official website here: www.loyolaacademy.org
What is the revenue of Loyola Academy Of St Louis?
Loyola Academy Of St Louis's revenue in 2022 was $3,182,923.
Official website here: www.loyolaacademy.org
Who are the executives of Loyola Academy Of St Louis and what are their salaries?
The average compensation at Loyola Academy Of St Louis during 2022 was $47,581. There are 30 employees and 79 volunteers at Loyola Academy Of St Louis.
Here are 23 key members and their salaries:
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- Compensation: $137,268
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- Other: $17,835
Official website here: www.loyolaacademy.org
Where can I find the form 990 for Loyola Academy Of St Louis?
Loyola Academy Of St Louis's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loyolaacademy.org
Learn more at the official website: www.loyolaacademy.org
Mission Statement of Loyola Academy Of St Louis
Loyola Academy of St. Louis is committed to breaking the cycle of poverty by providing education to middle school boys from low-income families who reside in high-risk areas and are facing varying socio-economic difficulties within their families. This nonprofit organization aims to meet a need within the St. Louis metropolitan area, offering a college-preparatory academic program, character education, enrichment, and recreation. Through these initiatives, Loyola Academy enables its graduates to succeed in college-prep high schools, providing them with the necessary tools to overcome their challenges and build a better future. By focusing on education, Loyola Academy is making a significant impact in the lives of these young boys, empowering them to overcome their circumstances and reach their full potential.
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Impact
July, 2024
Loyola Academy of St. Louis has a significant impact on the community by providing educational opportunities for middle school boys from low-income families in high-risk areas. Their focus on breaking the cycle of poverty through education is commendable and essential for the development of young individuals facing socio-economic difficulties. By offering a college preparatory academic program, character education, enrichment, and recreation, Loyola Academy equips its graduates with the skills and support needed to succeed in high school and beyond. Through their mission of service and leadership in the Ignatian tradition, Loyola Academy is making a tangible difference in the lives of young men and the community as a whole.
This information is meant to be a general summary of Loyola Academy Of St Louis. 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: $221,651
- Program Service Revenue: $51,965
- Gross Receipts: $4,705,300
Assets and Liabilities:
- Total Assets: $12,532,411
- Total Liabilities: $143,239
- Net Assets: $12,389,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$51,965
Organization Details
Founding Year
1999
Phone
(314) 531-9091Principal Officer
Dr H Eric Clark
Main Address
3851 WASHINGTON AVE, ST LOUIS, MO, 63108
Website
www.loyolaacademy.orgNTEE Category
Code: B20 - Education
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