Loyola Press
- Assets
- $33.0m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 96
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 09/2023
- EIN
- 32-0477771
Organization Overview
Loyola Press is located in Chicago, IL. The organization was established in 1946. As of 09/2023, Loyola Press employed 96 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Loyola Press is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Loyola Press generated $20.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $18.0m during the year ending 09/2023. While expenses have increased by 1.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Loyola Press has awarded 19 individual grants totaling $284,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PERFORM RELIGIOUS, CHARITABLE, AND EDUCATIONAL ACTIVITIES IN ACCORDANCE WITH THE ROMAN CATHOLIC CHURCH AND THE SOCIETY OF JESUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAITH FORMATION - LOYOLA PRESS PUBLISHES TEXTBOOKS AND RESOURCES CONTAINING PRIMARILY CATHOLIC RELIGIOUS CONTENT IN SUPPORT OF ITS MISSION OF EVANGELIZATION, CATECHESIS AND SPIRITUAL INSPIRATION. FAITH FORMATION SEEKS TO SERVE THE SPIRITUAL NEEDS OF CATHOLICS FROM BIRTH THROUGH ADULT LIFE. OUR K-8 CORE FAITH FORMATION PROGRAMS INCLUDE CHRIST OUR LIFE AND FINDING GOD. SACRAMENTAL PREPARATION PROGRAMS INCLUDE GOD'S GIFT AND CONFIRMED IN THE SPIRIT. MANY PROGRAMS AND RESOURCES ARE OFFERED AS BILINGUAL PROGRAMS AND/OR ALSO INCLUDE ADAPTIVE LEARNING COMPONENTS AND RESOURCES, FURTHER EXPANDING THE REACH OF OUR MINISTRY. LOYOLA PRESS ALSO PUBLISHES A MYRIAD OF OTHER RELIGION READINESS AND MINISTRY AND FORMATION RESOURCES, AS WELL AS INDIVIDUAL BOOKS ON IGNATIAN PRAYER AND SPIRITUALITY, CATHOLIC PRAYER, HISTORY, SPIRITUAL PRACTICES AND SIGNIFICANT CATHOLIC PEOPLE SUCH AS POPE FRANCIS, ST. IGNATIUS OF LOYOLA, AND MANY SAINTS. OUR PUBLICATIONS ALSO INCLUDE GRAMMAR AND WRITING PROGRAMS AND RESOURCES TO DEVELOP STRONG COMMUNICATION SKILLS THAT FACILITATES LEARNING, COMMUNICATING AND PASSING ON THE CATHOLIC FAITH, AND IS IN KEEPING WITH THE TRADITION OF THE JESUITS EXCELLENCE IN EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley M Schaeffer Sj Board Director | Trustee | 1 | $0 |
Daniel Considine Board Director | Trustee | 1 | $0 |
David Mcnulty Board Chair | OfficerTrustee | 1 | $0 |
James S Prehn Sj Board Director | Trustee | 1 | $0 |
Manuel Dorantes Board Director | Trustee | 1 | $0 |
Marco A Lopez Board Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lsc Communications Third Party Logistics | 9/29/23 | $1,644,585 |
Tp Chicago Llc Property Management | 9/29/23 | $231,167 |
Lsc Communications Printer | 9/29/23 | $546,851 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,585,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,585,336 |
| Total Program Service Revenue | $881,402 |
| Investment income | $505,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $463,487 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,977,051 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,463,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $63,629 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $14,958 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,151,660 |
| Compensation of current officers, directors, key employees. | $282,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,062,309 |
| Pension plan accruals and contributions | $520,743 |
| Other employee benefits | $587,926 |
| Payroll taxes | $588,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,536 |
| Fees for services: Accounting | $124,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,990 |
| Fees for services: Other | $3,243,532 |
| Advertising and promotion | $403,199 |
| Office expenses | $491,600 |
| Information technology | $844,305 |
| Royalties | $0 |
| Occupancy | $238,461 |
| Travel | $558,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $229,814 |
| Interest | $186,106 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $279,702 |
| Insurance | $65,735 |
| All other expenses | $10,699 |
| Total functional expenses | $17,969,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,189,129 |
| Pledges and grants receivable | $1,550,000 |
| Accounts receivable, net | $4,411,565 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,122,610 |
| Prepaid expenses and deferred charges | $337,887 |
| Net Land, buildings, and equipment | $1,251,404 |
| Investments—publicly traded securities | $14,674,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,475,414 |
| Total assets | $33,012,073 |
| Accounts payable and accrued expenses | $3,492,821 |
| Grants payable | $0 |
| Deferred revenue | $287,184 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,706,626 |
| Total liabilities | $6,486,631 |
| Net assets without donor restrictions | $24,056,075 |
| Net assets with donor restrictions | $2,469,367 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,012,073 |
Grants Awarded
Over the last fiscal year, Loyola Press has awarded $41,050 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CRISTO REY WORK STUDY PROGRAM PURPOSE: PROGRAM SUPPORT | $23,550 |
IGNATIAN COLLEAGUES PROGRAM PURPOSE: PROGRAM SUPPORT | $7,500 |
NATIONAL CATHOLIC ASSOCIATION OF DIOCESAN OF HISPANIC MINISTRY (NCADDHM) PURPOSE: PROGRAM SUPPORT | $10,000 |