THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL (EIN 060653119) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1874

Legal Domicile

Principal Officer

RICHARD ESPOSITO

Phone

8606876000

Tax Period

2023-07-01 to 2024-06-30

THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL, founded in 1874, is a major nonprofit in the Education sector that reported $137.9M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65.1M, a strong 47% operating margin.

Mission

EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $77,085,187

Program Service Revenue $50,159,744

Investment Income $10,518,010

Other Revenue $111,567

TOTAL REVENUE $137,874,508

Expense Breakdown

Grants Paid $10,524,107

Salaries & Benefits $31,396,078

Fundraising Expenses $4,720,992

Program Expenses $57,829,751

Other Expenses $30,835,849

TOTAL EXPENSES $72,756,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$137,874,508	$80,711,283	+0.7%
Expenses	$72,756,034	$71,783,780	+0.0%
Net Income	$65,118,474	$8,927,503	+6.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

481

Volunteers

376

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,459,671

Total Directors

$1,752,534

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEILA CULBERT	HEAD OF SCHOOL	40.00	Officer Director	$1,272,322	$480,212	$1,752,534
COURTNEY ACKEIFI	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE ALEXANDER	TRUSTEE	1.00	Director	$0	$0	$0
KATHERINE BALLARD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN BUSSEL	TRUSTEE	1.00	Director	$0	$0	$0
PAULINE CHEN	TRUSTEE	1.00	Director	$0	$0	$0
ERIK A CLIETTE	TRUSTEE	1.00	Director	$0	$0	$0
BRITT MARIE COLE-JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
KEITH O COWAN	TRUSTEE	1.00	Director	$0	$0	$0
AMY L EDWARDS-SWEET	TRUSTEE	1.00	Director	$0	$0	$0
FRIDOLF A HANSON	TRUSTEE	1.00	Director	$0	$0	$0
M SCOTT HAVENS	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN M KELLY	TRUSTEE	1.00	Director	$0	$0	$0
UNSOO KIM	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL KORT	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS W LYONS	TRUSTEE	1.00	Director	$0	$0	$0
DUNCAN A L MACLEAN	TRUSTEE	1.00	Director	$0	$0	$0
JESSICA PAINDIRIS	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH RICHMOND	TRUSTEE	1.00	Director	$0	$0	$0
DAVID A ROGAN	TRUSTEE	1.00	Director	$0	$0	$0
MARC RUBENSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
MARY BUCKSBAUM SCANLAN	TRUSTEE	1.00	Director	$0	$0	$0
HARVEY J STRUTHERS JR	TRUSTEE	1.00	Director	$0	$0	$0
XIN TANG	TRUSTEE	1.00	Director	$0	$0	$0
MARTIN VULLIEZ	TRUSTEE	1.00	Director	$0	$0	$0
KENDRA N WALLACE	TRUSTEE	1.00	Director	$0	$0	$0
JAMES L WIDDOES	TRUSTEE	1.00	Director	$0	$0	$0
ARIEL WILLIAMS	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD ESPOSITO	CHIEF FINANCIAL OFFICER	40.00	Officer	$338,018	$93,744	$431,762
NATHAN FOLLANSBEE	DIRECTOR OF EXTERNAL AFFAIRS	40.00	Officer	$252,915	$22,460	$275,375
WEBSTER TRENCHARD	ASSOCIATE HEADMASTER	40.00	Highest	$183,989	$76,425	$260,414
TIMOTHY STRUTHERS	DIRECTOR OF DEVELOPMENT	40.00	Highest	$214,619	$95,310	$309,929
JULIA KNIGHT	BUSINESS MANAGER	40.00	Highest	$172,346	$18,901	$191,247
LYNN PETRILLO	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$170,061	$27,721	$197,782
AMY THOMPSON	DEAN OF ENROLLMENT	40.00	Highest	$164,142	$37,248	$201,390

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$137,874,508	$72,756,034	$540,597,730	$65,118,474
2023	$80,711,283	$71,783,780	$456,124,203	$8,927,503
2022	$70,302,251	$65,623,750	$428,670,853	$4,678,501
2021	$66,028,387	$57,736,086	$445,458,169	$8,292,301
2020	$56,941,309	$56,324,830	$366,812,616	$616,479
2019	$59,134,535	$56,856,804	$378,936,466	$2,277,731
2018	$66,896,281	$56,257,751	$373,468,689	$10,638,530

THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL