Loyola Press

Nonprofit profile at a glance

EIN
320477771
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Chicago, IL, USA
Phone
7732811818
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$17,016,363
Expenses
$16,443,257
Assets
$33,885,929
Liabilities
$4,629,201

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • JOELLYN CICCIARELLI (PRESIDENT)

Highest reported compensation

  • JOELLYN CICCIARELLI (PRESIDENT): $382,586 total reported compensation
  • JOHN CHRISTENSEN (VP, SALES AND MARKETING): $277,651 total reported compensation
  • KIMBERLY SKALMAN (VP, CFO): $261,684 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To perform religious, charitable, and educational activities in accordance with the teaching, history, and traditions of the roman catholic church and the mission and ministry of the society of jesus; to provide opportunities for catechetical and spiritual growth in the roman catholic tradition through ignatian spirituality; and for any other religious, charitable or educational purpose that is consistent with the mission.

What it reported doing in 2024

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.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 76
  • Accountability: 96
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.2%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 36.5%; rating input score 37; 10th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.4%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 2.06; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 12.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.2% of spending went to programs
  • Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $13M in reported program spending
  • Leadership: top reported pay $383K · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $2.6M reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Grant itemization coverage scored 37/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.