Overview
What is Loyola University Maryland Inc?
Loyola University Maryland Inc, located in Maryland, is a Jesuit comprehensive institute of higher learning, encompassing Loyola College for arts and sciences, the Sellinger School of Business and Management, and the School of Education. This Jesuit Catholic university is dedicated to upholding the educational traditions of the Society of Jesus and fostering the holistic development of each individual.
Official website here: www.loyola.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Loyola University Maryland Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance as well as impact measurement. The organization scored 100% in both categories, indicating robust financial practices and significant effectiveness in fulfilling its mission. The high rating showcases the nonprofit's transparency and responsible management of resources.
The evaluation highlights the university's independent board structure, with 96% of its members being independent, which fosters objective decision-making. Financial oversight is exceptional, illustrated by a complete score for its audit and oversight committee, and there have been no reported issues related to asset diversion. The organization maintains clear policies regarding conflicts of interest and whistleblower protections, demonstrating a commitment to ethical standards.
Additionally, the program expense ratio is impressive at 83.59%, indicating that a substantial majority of funds are directed towards programs and services rather than administrative costs. The perfect impact score emphasizes the university's effective contribution to its community, making it a strong candidate for donor support. Overall, Loyola University Maryland Inc stands out for its governance and impact, though continuous monitoring of its operations will be essential to maintain these high standards.
This AI summary has been generated from information found on Charity Navigator.
Is Loyola University Maryland Inc legitimate?
Loyola University Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola University Maryland Inc 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: $3,379,320
Professional Fundraising Fees: $619,300
Other Salaries and Wages: $86,177,334
For more financial information, click here
Official website here: www.loyola.edu
What is the mission statement of Loyola University Maryland Inc?
Loyola University Maryland is a Jesuit comprehensive institution dedicated to the educational traditions of the Society of Jesus. The university is committed to fostering the development of the whole person. Loyola comprises three main components: Loyola College, the School of Arts and Sciences; the Sellinger School of Business and Management; and the School of Education. By integrating academics, research, and community engagement, Loyola University Maryland aims to provide a well-rounded educational experience and prepare students for successful careers and personal growth.
Official website here: www.loyola.edu
What is the revenue of Loyola University Maryland Inc?
Loyola University Maryland Inc's revenue in 2024 was $368,182,859.
Official website here: www.loyola.edu
Who are the executives of Loyola University Maryland Inc and what are their salaries?
The average compensation at Loyola University Maryland Inc during 2024 was $30,389. There are 2947 employees at Loyola University Maryland Inc.
Here are 54 key members and their salaries:
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- Other: $31,003
- Compensation: $199,600
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- Other: $29,348
Official website here: www.loyola.edu
Where can I find the form 990 for Loyola University Maryland Inc?
Loyola University Maryland Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.loyola.edu
Learn more at the official website: www.loyola.edu
Mission Statement of Loyola University Maryland Inc
Loyola University Maryland, a Jesuit comprehensive institution, is dedicated to upholding the educational traditions of the Society of Jesus. Committed to fostering the growth of the whole person, the university encompasses Loyola College, its school of arts and sciences; the Sellinger School of Business and Management; and the School of Education. By integrating rigorous academic programs with the timeless wisdom of the Jesuit philosophy, Loyola University Maryland nurtures students to become intellectually curious, ethical leaders prepared to make a meaningful impact in today's complex and interconnected world. The university's commitment to fostering intellectually engaged citizens is rooted in the Jesuit belief that learning is a lifelong pursuit, as students grow both in knowledge and character, preparing them to become compassionate and well-rounded individuals. Through its rigorous academic programs, Loyola University Maryland empowers students to excel in their chosen fields, inspiring them to use their skills and knowledge to make a positive difference in their communities and beyond.
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Impact
October, 2024
Loyola University Maryland Inc has a profound impact on its community and beyond through its commitment to academic excellence and the development of the whole person. As a Jesuit Catholic university, it fosters an educational environment that emphasizes not only intellectual growth but also ethical and spiritual development.
With a diverse range of programs offered through its colleges—Loyola College, the Sellinger School of Business and Management, and the School of Education—the university prepares students to become leaders in various fields. This comprehensive approach to education encourages critical thinking, social responsibility, and lifelong learning.
Beyond academics, Loyola engages with the Baltimore community through various outreach and service initiatives, promoting social justice and civic responsibility. Its focus on creating well-rounded individuals contributes to a more informed, compassionate, and engaged society. Overall, Loyola University Maryland Inc plays a vital role in shaping the futures of its students and the broader community through an integration of education, values, and service.
This information is meant to be a general summary of Loyola University Maryland Inc. 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 2024.
- Investment Income: $8,569,043
- Program Service Revenue: $300,929,649
- Gross Receipts: $393,216,815
Assets and Liabilities:
- Total Assets: $751,113,089
- Total Liabilities: $172,406,030
- Net Assets: $578,707,059
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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
$239,070,809
RESIDENCE, FOOD SERV., TELEPHONE
Revenue
$56,233,026
ATHLETICS, CONFERENCES, OTHER AUX
Revenue
$2,463,129
SPECIAL EDUCATION PROGRAMS
Revenue
$756,796
ID CARDS, ORIENTATION, PARKING
Revenue
$607,933
Organization Details
Founding Year
1853
Principal Officer
John Coppola
Website
www.loyola.eduNTEE Category
Code: B42 - Education
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