Civic Intelligence

Loyola High School Foundation

990 • Fiscal year 2016 • EIN 36-4520742

Jul 01, 2015 to Jun 30, 2016 • Filed on May 04, 2017

Organization ProfileWWW.LOYOLAHSDETROIT.ORG
15325 PinehurstDetroit, MI 48238

(313) 861-2407

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

91st percentile

44%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$70,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

19th percentile

-5.8%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-21%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$3,987,659

Down $243,762 (-5.8%) from 2015

Net Assets

Down

$3,987,659

Down $190,954 (-4.6%) from 2015

Liabilities

Down

$0

Down $52,808 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin91st percentile

Revenue

Down

$383,854

Down $104,699 (-21%) from 2015

Expenses

Up

$215,005

Up $18,845 (+9.6%) from 2015

Net Income

Down

$168,849

Down $123,544 (-42%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $3,720,106Liabilities 2013: $77,508Net Assets 2013: $3,642,5982013Assets 2014: $4,404,324Liabilities 2014: $72,808Net Assets 2014: $4,331,5162014Assets 2015: $4,231,421Liabilities 2015: $52,808Net Assets 2015: $4,178,6132015Assets 2016: $3,987,659Liabilities 2016: $0Net Assets 2016: $3,987,6592016Assets 2017: $4,355,845Liabilities 2017: $182,547Net Assets 2017: $4,173,2982017Assets 2018: $5,628,870Liabilities 2018: $213,833Net Assets 2018: $5,415,0372018Assets 2019: $5,358,425Liabilities 2019: $0Net Assets 2019: $5,358,4252019Assets 2020: $5,256,318Liabilities 2020: $0Net Assets 2020: $5,256,3182020Assets 2021: $6,358,074Liabilities 2021: $0Net Assets 2021: $6,358,0742021Assets 2022: $5,615,654Liabilities 2022: $0Net Assets 2022: $5,615,6542022Assets 2023: $5,696,204Liabilities 2023: $0Net Assets 2023: $5,696,2042023Assets 2024: $5,922,016Liabilities 2024: $17,300Net Assets 2024: $5,904,7162024

Highlighted filing

2016

Assets$3,987,659
Liabilities$0
Net Assets$3,987,659
Open 2016 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2013: $198,1502013Revenue 2014: $884,414Expenses 2014: $195,496Net Income 2014: $688,9182014Revenue 2015: $488,553Expenses 2015: $196,160Net Income 2015: $292,3932015Revenue 2016: $383,854Expenses 2016: $215,005Net Income 2016: $168,8492016Revenue 2017: $97,603Expenses 2017: $211,543Net Income 2017: -$113,9402017Revenue 2018: $1,458,961Expenses 2018: $270,820Net Income 2018: $1,188,1412018Revenue 2019: $332,637Expenses 2019: $275,804Net Income 2019: $56,8332019Revenue 2020: $286,415Expenses 2020: $312,305Net Income 2020: -$25,8902020Revenue 2021: $621,770Expenses 2021: $302,626Net Income 2021: $319,1442021Revenue 2022: -$202,119Expenses 2022: $287,614Net Income 2022: -$489,7332022Revenue 2023: $116,617Expenses 2023: $298,732Net Income 2023: -$182,1152023Revenue 2024: $103,919Expenses 2024: $291,200Net Income 2024: -$187,2812024

Highlighted filing

2016

Revenue$383,854
Expenses$215,005
Net Income$168,849
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 4, 2017
Return Version
2015v3.0
Gross Receipts
$383,854
Mission and Program Overview

Mission

Provide grants to support the operations of loyola high school

To establish and manage endowments to support the operations of loyola high school

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,159,052$3,913,788▼ $245,264
Cash and Non-Interest-Bearing Accounts$8,208$51,208▲ $43,000
Accounts Receivable$40,000--
Total Assets$4,231,421$3,987,659▼ $243,762
Other Assets Total$24,161$22,663▼ $1,498
Liabilities
Other Liabilities$52,808$0▼ $52,808
Total Liabilities$52,808$0▼ $52,808
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,998,852$3,998,852→ $0
Unrestricted Net Assets$179,761$-11,193▼ $190,954
Total Net Assets Fund Balance$4,178,613$3,987,659▼ $190,954
Total Liabilities and Net Assets / Fund Balance$4,231,421$3,987,659▼ $243,762

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$4,159,052-▼ $41,139-$3,913,788
2014$3,990,852$8,000▲ $160,200-$4,159,052
2013$3,790,852$200,000--$3,990,852
2012$3,730,852$60,000--$3,790,852
2011$4,264,225-▲ $543,039$1,079,412$3,727,852
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleOtherTotal
Fr Mark Luedtke SjDirector$70,000$70,000

Board Members and Trustees

NameTitle
Cathy Rozanski McnamaraDirector
Michael J MadisonDirector
William ConnellyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$55,808
Program Service Revenue
$0
Investment Income
$328,046
Other Revenue
$0
All Other Contributions
$55,808
Change in Net Assets
$168,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$204,125
Other Expenses$10,880
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$204,125--$204,125
Fees for Service Investment Mgmnt Fees-$10,880-$10,880
Total Functional Expenses$204,125$10,880$0$215,005
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Loyola High SchoolDetroit, MI-To Support the Operations of Loyola High School$204,125
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The return is reviewed by the officers of the organization prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The business manager and president perform regular reviews and conduct interviews with adminstrative, academic and other staff, as well as board members.”

Form 990, Part VI, Section B, Line 15A

“Compensation is determined after considering a number of factors including the level of responsibility. Additionally, comparable salary levels at similar organizations are considred, recognizing differences in job complexity, critical skills and pay practices.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Loyola High School Foundation
EIN
36-4520742
Phone
3138612407
Address
15325 PINEHURST, DETROIT, MI 48238

Signing Officer

Name
Rev Mark Luedtke Sj
Title
Director
Phone
3138612407
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Mark Luedtke Sj
Formed
2003
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
2000 TOWN CENTER SUITE 900, SOUTHFIELD, MI 48075
Preparer
Michael Fenberg
Phone
2483727300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization did not change either its oversight process or selection process during the tax year ended june 30, 2016”

Financial Statement Notes

PART V, LINE 4:

“The endowment funds are held for the support and maintenance of loyola high school.”

PART X, LINE 2:

“The school and lwep have received notification that they are included in the official catholic directory and therefore they qualify as tax-exempt organizations under section 501 (c)(3) of the u.s. Internal revenue code and corresponding provisions of state law and, accordingly, are not subject to federal or state income taxes on related activities. The internal revenue service has determined that the foundation is exempt from income taxes under 501(c)(3) of the internal revenue code. The foundation is also exempt from state income taxes. However, any unrelated business income may be subject to taxation. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation and has concluded that as of june 30, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt040000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ESTABLISH AND MANAGE ENDOWMENTS TO SUPPORT THE OPERATIONS OF LOYOLA HIGH SCHOOL
IRS990/AllOtherContributionsAmt055808
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0REV MARK LUEDTKE SJ
IRS990/BooksInCareOfDetail/PhoneNum03138612407
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015325 PINEHURST
IRS990/BooksInCareOfDetail/USAddress/CityNm0DETROIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048238
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08208
IRS990/CashNonInterestBearingGrp/EOYAmt051208
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt055808
IRS990/CYGrantsAndSimilarPaidAmt0204125
IRS990/CYInvestmentIncomeAmt0328046
IRS990/CYOtherExpensesAmt010880
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0168849
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0215005
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0383854
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANTS TO LOYOLA HIGH SCHOOL TO SUPPORT OPERATIONS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0204125
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt010880
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010880
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt070000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0FR MARK LUEDTKE SJ
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL J MADISON
IRS990/Form990PartVIISectionAGrp/PersonNm2CATHY ROZANSKI MCNAMARA
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM CONNELLY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0247899
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0204125
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0204125
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0204125
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0247899
IRS990/GrossReceiptsAmt0383854
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt080147
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt080147
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04159052
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03913788
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE GRANTS TO SUPPORT THE OPERATIONS OF LOYOLA HIGH SCHOOL
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04178613
IRS990/NetAssetsOrFundBalancesEOYAmt03987659
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0247899
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0247899
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-359803
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024161
IRS990/OtherAssetsTotalGrp/EOYAmt022663
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt052808
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03998852
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03998852
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0REV MARK LUEDTKE SJ
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0480553
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0488553
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0488553
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0168849
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0383107318
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0204125
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LOYOLA HIGH SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0204125
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04159052
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03913788
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0204125
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-41139
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03990852
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt08000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04159052
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0160200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03790852
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0200000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03990852
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03730852
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03790852
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04264225
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03727852
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0543039
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01079412
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE HELD FOR THE SUPPORT AND MAINTENANCE OF LOYOLA HIGH SCHOOL.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL AND LWEP HAVE RECEIVED NOTIFICATION THAT THEY ARE INCLUDED IN THE OFFICIAL CATHOLIC DIRECTORY AND THEREFORE THEY QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501 (C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES ON RELATED ACTIVITIES. THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2016 AND 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0204125
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE OPERATIONS OF LOYOLA HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LOYOLA HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0383107318
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt015325 PINEHURST STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048238
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE OFFICERS OF THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUSINESS MANAGER AND PRESIDENT PERFORM REGULAR REVIEWS AND CONDUCT INTERVIEWS WITH ADMINSTRATIVE, ACADEMIC AND OTHER STAFF, AS WELL AS BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED AFTER CONSIDERING A NUMBER OF FACTORS INCLUDING THE LEVEL OF RESPONSIBILITY. ADDITIONALLY, COMPARABLE SALARY LEVELS AT SIMILAR ORGANIZATIONS ARE CONSIDRED, RECOGNIZING DIFFERENCES IN JOB COMPLEXITY, CRITICAL SKILLS AND PAY PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR ENDED JUNE 30, 2016
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOYOLA HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0383107318
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt015325 PINEHURST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048238
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0204125
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AMOUNT PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LOYOLA HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04231421
IRS990/TotalAssetsEOYAmt03987659
IRS990/TotalAssetsGrp/BOYAmt04231421
IRS990/TotalAssetsGrp/EOYAmt03987659
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt055808
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010880
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0204125
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215005
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052808
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt052808
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04178613
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03987659
IRS990/TotalOtherCompensationAmt070000
IRS990/TotalProgramServiceExpensesAmt0204125
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0328046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0383854
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04231421
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03987659
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0179761
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-11193
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015325 PINEHURST
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048238
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.LOYOLAHSDETROIT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0REV MARK LUEDTKE SJ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03138612407
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOYOLA HIGH SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOYO
ReturnHeader/Filer/EIN0364520742
ReturnHeader/Filer/PhoneNum03138612407
ReturnHeader/Filer/USAddress/AddressLine1Txt015325 PINEHURST
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048238
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02000 TOWN CENTER SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048075
ReturnHeader/PreparerPersonGrp/PhoneNum02483727300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL FENBERG
ReturnHeader/ReturnTs02017-05-08T13:59:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,987,659
Liabilities
$0
Net assets
$3,987,659
Revenue
$383,854
Expenses
$215,005
Net income
$168,849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.92$0.02$5.90$0.10$0.29$0.19
2023Detailed filing. Detailed filing data is available for this year.$5.70$0.00$5.70$0.12$0.30$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.62$0.00$5.62$0.20$0.29$0.49
2021Detailed filing. Detailed filing data is available for this year.$6.36$0.00$6.36$0.62$0.30$0.32
2020Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.29$0.31$0.03
2019Detailed filing. Detailed filing data is available for this year.$5.36$0.00$5.36$0.33$0.28$0.06
2018Detailed filing. Detailed filing data is available for this year.$5.63$0.21$5.42$1.46$0.27$1.19
2017Detailed filing. Detailed filing data is available for this year.$4.36$0.18$4.17$0.10$0.21$0.11
2016Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$0.38$0.22$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.23$0.05$4.18$0.49$0.20$0.29
2014Detailed filing. Detailed filing data is available for this year.$4.40$0.07$4.33$0.88$0.20$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.08$3.64$0.20