2024-03-25T11:00:28-05:00 2023-06-30 430831507 ANDERS MINKLER HUBER & HELM LLP 800 MARKET STREET SUITE 500 ST LOUIS MO 631012501 990 2022-07-01 431859076 LOYOLA ACADEMY OF ST LOUIS LOYO 3145319091 3851 WASHINGTON AVE ST LOUIS MO 63108 DR H ERIC CLARK PRESIDENT 3145319091 2024-03-21 1 DR ERIC CLARK 999009999 0 JOHN C SCOTT P00151030 3146555500 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR H ERIC CLARK 3851 WASHINGTON AVE ST LOUIS MO 63108 8462209 0 X WWW.LOYOLAACADEMY.ORG X 1999 MO LOYOLA'S EFFORTS ARE GEARED TOWARD BREAKING THE CYCLE OF POVERTY THROUGH EDUCATION. LOYOLA AIMS TO MEET A NEED THAT EXISTS WITHIN THE ST. LOUIS METROPOLITAN AREA - THAT IS EDUCATING MIDDLE SCHOOL BOYS WHO ARE FROM LOW-INCOME FAMILIES, RESIDE IN "HIGH-RISK" AREAS AND WHO ARE EXPERIENCING VARYING SOCIO-ECONOMIC DIFFICULTIES WITHIN THEIR FAMILIES. LOYOLA ACADEMY PROVIDES A COLLEGE PREPARATORY ACADEMIC PROGRAM, CHARACTER EDUCATION, ENRICHMENT, AND RECREATION WHICH ENABLES GRADUATES TO SUCCEED IN COLLEGE PREP HIGH SCHOOLS. 28 28 30 227 0 0 2907271 4573247 51965 64363 221651 72133 2036 5795 3182923 4715538 263875 291612 0 0 1723718 1820527 0 0 393272 885618 955294 2873211 3067433 309712 1648105 12532411 15118872 143239 413472 12389172 14705400 X LOYOLA'S EFFORTS ARE GEARED TOWARD BREAKING THE CYCLE OF POVERTY THROUGH EDUCATION. LOYOLA AIMS TO MEET A NEED THAT EXISTS WITHIN THE ST. LOUIS METROPOLITAN AREA - THAT IS EDUCATING MIDDLE SCHOOL BOYS WHO ARE FROM LOW-INCOME FAMILIES, RESIDE IN "HIGH-RISK" AREAS AND WHO ARE EXPERIENCING VARYING SOCIO-ECONOMIC DIFFICULTIES WITHIN THEIR FAMILIES. LOYOLA ACADEMY PROVIDES A COLLEGE PREPARATORY ACADEMIC PROGRAM, CHARACTER EDUCATION, ENRICHMENT, AND RECREATION WHICH ENABLES GRADUATES TO SUCCEED IN COLLEGE PREP HIGH SCHOOLS. 0 0 2273670 291612 70158 OUR PROGRAM GOALS DIRECTLY RELATE TO LOYOLA'S OVERALL MISSION TO EDUCATE AND SERVE YOUNG MEN BY PROVIDING ACADEMIC CHALLENGE, STRUCTURE, EMOTIONAL AND PHYSICAL SUPPORT, AND INSPIRATION TO LIVE LIVES OF SERVICE AND LEADERSHIP, THROUGH THEIR GOD-GIVEN TALENTS, IN THE IGNATIAN TRADITION. 2273670 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 30 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X X JULIE NEWMAN 3145319091 3851 WASHINGTON AVE ST LOUIS MO 631083405 PAUL B ANDERSON CHAIR 2.00 X X 0 0 0 GREG HOLLAND VICE CHAIR 2.00 X X 0 0 0 JE'VON ADAMS-WALKER DIRECTOR 2.00 X 0 0 0 MIKE BARRY DIRECTOR 2.00 X 0 0 0 JOSEPH BEILEIN DIRECTOR 2.00 X 0 0 0 GENE FREDERIC III DIRECTOR 2.00 X 0 0 0 ROB GODLEWSKI DIRECTOR 2.00 X 0 0 0 MIKE DELANO JR DIRECTOR 2.00 X 0 0 0 STEPHEN P MARSH DIRECTOR 2.00 X 0 0 0 SHELLY MCNUTT DIRECTOR 2.00 X 0 0 0 RHONDA G MOLONEY DIRECTOR 2.00 X 0 0 0 MEREDITH MURPHY DIRECTOR 2.00 X 0 0 0 JEFF ROMBACH CO-CHAIR 2.00 X 0 0 0 PAUL ROTERMUND DIRECTOR 2.00 X 0 0 0 KEVIN SULLIVAN DIRECTOR 2.00 X 0 0 0 MATT TOTTERDALE DIRECTOR 2.00 X 0 0 0 AARON WILLIAMS DIRECTOR 2.00 X 0 0 0 TED WILKISON DIRECTOR 2.00 X 0 0 0 RODERICK CAMPBELL DIRECTOR 2.00 X 0 0 0 BARRY NEWBERGER DIRECTOR 2.00 X 0 0 0 BOB WACKER CO-CHAIR 2.00 X 0 0 0 MICHELE BYAS DIRECTOR 2.00 X 0 0 0 KRISTIN EBERT DIRECTOR 2.00 X 0 0 0 DON GEDERS DIRECTOR 2.00 X 0 0 0 JOE JEDLICKA DIRECTOR 2.00 X 0 0 0 DAN KLEFFNER DIRECTOR 2.00 X 0 0 0 MATT LUZECKY DIRECTOR 2.00 X 0 0 0 DR H ERIC CLARK PRESIDENT 50.00 X 141262 0 18828 141262 0 18828 1 0 1 0 0 550222 69907 3953118 62136 4573247 TUITION & FEES 611710 64363 64363 64363 217602 217602 3476711 750 3622930 0 -146219 750 -145469 -145469 123741 550222 123741 0 MISCELLANEOUS INCOME 611710 5795 5795 5795 4715538 70158 0 72133 291612 291612 167962 125972 25194 16796 1296374 890396 196471 209507 84870 58338 12861 13671 165065 113859 25005 26201 106256 73671 16087 16498 13266 13266 44092 44092 52032 1829 7189 43014 94212 69237 13090 11885 106119 90201 10612 5306 51038 43382 5104 2552 200224 170191 20022 10011 44569 30902 6747 6920 FOOD COSTS 123950 123950 SCHOOL ACTIVITIES & ATH 79543 79543 REPAIRS AND MAINTENANCE 58551 58551 BOOKS & SUPPLIES 38157 38157 49541 13879 4751 30911 3067433 2273670 400491 393272 153655 418606 362221 116560 521000 2969106 26971 30428 34495 2554 6344594 2627290 3802895 3717304 7631174 7864314 12532411 15118872 143239 260806 0 152666 143239 413472 X 6805287 6880783 5583885 7824617 12389172 14705400 12532411 15118872 1648105 696764 -28641 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5993776 -694604 488043 21735 5765480 5298070 500000 216487 20781 5993776 4925825 10000 379411 17166 5298070 4688472 10000 248728 21375 4925825 3716301 745000 248093 20922 4688472 0.07923 0.72127 0.19950 0 0 161000 161000 5467193 2057271 3409922 676119 570019 106100 40282 40282 3717304 X 5383661 696764 696764 4686897 28641 28641 4715538 3067433 0 3067433 0 3067433 PART V, LINE 4: THE EARNINGS ON THE ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT THE FUTURE ACTIVITIES OF THE SCHOOL. PART X, LINE 2: THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AS DEFINED IN THE CODE. ACCORDINGLY, THE ACADEMY FILES AS A TAX EXEMPT ORGANIZATION. THE ACADEMY FOLLOWS GUIDANCE ISSUED BY THE FASB ON ACCOUNTING FOR INCOME TAXES AND HAS EVALUATED ITS TAX POSITIONS, EXPIRING STATUTES OF LIMITATIONS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS, AND BELIEVES THAT NO PROVISION FOR INCOME TAXES IS NECESSARY TO COVER ANY UNCERTAIN TAX POSITIONS. THE ACADEMY'S RETURNS FOR TAX YEARS 2019 AND LATER REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LOYOLA ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL, AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 THE GOVERNMENT FINANCIAL ASSISTANCE IS FROM THE MISSOURI DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION (DESE) FOR THE FREE AND REDUCED LUNCH PROGRAM. REPORTS ARE SUBMITTED EACH MONTH FOR MEALS SERVED TO ELIGIBLE STUDENTS AND THE MISSOURI DESE REIMBURSES LOYOLA ACADEMY FOR APPLICABLE EXPENSES. GOLF TOURNAMENTS 415925 308003 107922 0 23976 17100 42519 0 24327 PRESIDENTS GALA 208909 193090 15819 0 0 0 13819 2000 0 1 49129 49129 673963 550222 123741 23976 17100 56338 2000 24327 123741 0 1 HIGH SCHOOL TUITION SUPPORT FOR LOYOLA ACADEMY ALUMNI 50 291612 PART I, LINE 2: EACH GRADUATE FROM LOYOLA ACADEMY ATTENDING A TUITION BASED HIGH-SCHOOL RECEIVES TUITION SUPPORT FROM LOYOLA ACADEMY. TO KEEP THE SUPPORT FOR EACH OF THEIR HIGH SCHOOL YEARS, THEY MUST CONTINUE TO ATTEND A TUITION-BASED HIGH SCHOOL, KEEP A 2.5 GPA AND COMPLETE SERVICE HOURS AT LOYOLA ACADEMY. X 0 0 0 0 0 0 0 0 0 DR H ERIC CLARK PRESIDENT 141262 0 0 0 0 0 8792 0 10036 0 160090 0 0 0 X 4 38340 FAIR MARKET VALUE X FUNDRAISING ITEMS 79 23976 ESTIMATED FAIR MARKE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS MEMBERS WITHIN THE MEANING OF SECTION 355.066 OF THE NONPROFIT CORPORATION LAW OF MISSOURI. THE MEMBERS OF THE CORPORATION SHALL CONSTITUTE THE BOARD OF MEMBERS AND SHALL BE IN SUCH NUMBERS AND SHALL BE SELECTED IN THE MANNER AND HAVE SUCH RIGHTS AND DUTIES AS SET FORTH IN THE BYLAWS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY CONSISTS OF THE BOARD OF MEMBERS AND THE BOARD OF TRUSTEES. THE BOARD OF MEMBERS SHALL CONSIST OF THOSE DESIGNATED AS APPOINTED MEMBERS AND THOSE PERSONS WHO MAY BE ELECTED TO MEMBERSHIP BY THE BOARD OF MEMBERS. THE BOARD OF TRUSTEES SHALL BE ELECTED BY THE BOARD OF TRUSTEES. THE BOARD OF MEMBERS HAS THE RIGHT TO REMOVE MEMBERS OF THE BOARD OF TRUSTEES WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF MEMBERS SHALL APPROVE, DISAPPROVE, AND RECOMMEND TO THE BOARD OF TRUSTEES AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS. THE BOARD OF MEMBERS SHALL ALSO APPROVE THE INCURRENCE OF DEBT OBLIGATIONS AS WELL AS THE SALE, TRANSFER, OR ENCUMBRANCE OF ANY INTEREST IN REAL PROPERTY IN EXCESS OF LIMITS IMPOSED BY THE BOARD OF MEMBERS. THE BOARD OF MEMBERS MUST ALSO APPROVE THE SALE, LEASE, TRANSFER OR ENCUMBRANCE OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE, THE ORGANIZATION'S GOVERNING BODY HAS DELEGATED THE REVIEW RESPONSIBILITY OF THE FINAL VERSION OF THE FORM 990 TO THE FINANCE COMMITTEE DUE TO SENSITIVITIES AROUND DONOR PRIVACY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO BOARD OFFICERS AND MEMBERS ANNUALLY, REQUIRING DISCLOSURE OF ANY POSSIBLE DUALITY OF INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE ORGANIZATION ENFORCES THE POLICY REGULARLY AND CONSISTENTLY BY REVIEWING THE SIGNED POLICIES FOR ANY DISCLOSED AND POSSIBLE CONFLICTS. ANY DISCLOSED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT AND THE EXECUTIVE COMMITTEE MAKES A DETERMINATION AS TO WHETHER A REAL CONFLICT IS POSED. THE POLICY IS REQUIRED OF NEW BOARD MEMBERS WHEN THEY ARE APPROVED FOR THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990 PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.