Loyola University Maryland Inc

EIN: 520591623 501(c)(3)

Baltimore, MD

Total Revenue
$368,946,806
Total Expenses
$366,728,801
Total Assets
$840,598,430
Net Assets
$605,253,909
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1852
Legal Domicile
MD
Phone
4106172627
Tax Period
2024-06-01 to 2025-05-31

Loyola University Maryland Inc, founded in 1852, is a major nonprofit that reported $368.9M in total revenue in fiscal year 2024.

Mission

LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL TRADITIONS OF THE SOCIETY OF JESUS AND THE DEVELOPMENT OF THE WHOLE PERSON.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,428,584
Program Service Revenue $300,368,490
Investment Income $25,780,957
Other Revenue $2,368,775
TOTAL REVENUE $368,946,806

Expense Breakdown

Grants Paid $141,991,870
Salaries & Benefits $118,547,539
Fundraising Expenses $5,352,074
Program Expenses $314,945,354
Other Expenses $105,754,474
TOTAL EXPENSES $366,728,801

Year-over-Year Comparison

2024 2023 Change
Revenue $368,946,806 $368,182,859 +0.0%
Expenses $366,728,801 $359,886,538 +0.0%
Net Income $2,218,005 $8,296,321 -0.7%
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

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Governance

Voting Members
29
Independent Members
28
Employees
2895
Volunteers
N/A

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
9
$2,593,225
Total Directors
37
$600,783
Key Employees
3
$851,382
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terrence Sawyer Trustee & President 50.0
Officer Director
$552,668 $48,115 $600,783
Ann Doyle Trustee 0.5
Director
$0 $0 $0
Arun Subhas Trustee 0.5
Director
$0 $0 $0
Carrie Fox Trustee 0.5
Director
$0 $0 $0
Christian McNeill Trustee 0.5
Director
$0 $0 $0
Daelin Cook Trustee 0.5
Director
$0 $0 $0
Daniel Rizzo Trustee 0.5
Director
$0 $0 $0
David Metzger Trustee 0.5
Director
$0 $0 $0
Elaine Grillo Trustee 0.5
Director
$0 $0 $0
Gail Cunningham Trustee 0.5
Director
$0 $0 $0
Gerard E Holthaus Trustee 0.5
Director
$0 $0 $0
Gerry Geckle Trustee 0.5
Director
$0 $0 $0
Gregory Chisholm SJ Trustee 0.5
Director
$0 $0 $0
Gregory Kelly Trustee 0.5
Director
$0 $0 $0
H Edward Hanway Trustee 0.5
Director
$0 $0 $0
James Lambdin Trustee 0.5
Director
$0 $0 $0
Jeffrey A Nattans Trustee 0.5
Director
$0 $0 $0
JJ Matthews Trustee 0.5
Director
$0 $0 $0
Julia Gray Trustee 0.5
Director
$0 $0 $0
Katherine Jennings Trustee 0.5
Director
$0 $0 $0
Kenneth F Boehl Trustee 0.5
Director
$0 $0 $0
KerryAnn O'Meara Trustee 0.5
Director
$0 $0 $0
Kevin Gillespie SJ Trustee 0.5
Director
$0 $0 $0
Kimberly Ellison-Taylor Trustee 0.5
Director
$0 $0 $0
Mark Knott Trustee 0.5
Director
$0 $0 $0
Mark Rouchard Trustee 0.5
Director
$0 $0 $0
Mary Fanning Trustee 0.5
Director
$0 $0 $0
Michael McCarthy SJ Trustee 0.5
Director
$0 $0 $0
Michael McFarland SJ Trustee 0.5
Director
$0 $0 $0
Paul Eibeler Trustee 0.5
Director
$0 $0 $0
Rachael Dugan Trustee 0.5
Director
$0 $0 $0
Robert Cawley Trustee 0.5
Director
$0 $0 $0
Roger Waesche Trustee 0.5
Director
$0 $0 $0
Susan Bloomfield Trustee 0.5
Director
$0 $0 $0
Tina Bjarekull Trustee 0.5
Director
$0 $0 $0
Walter Doggett Trustee 0.5
Director
$0 $0 $0
William Burke Trustee 0.5
Director
$0 $0 $0
Brian Oakes Vice President 50.0
Officer
$290,727 $34,049 $324,776
Cheryl Moore-Thomas Vice President 50.0
Officer
$350,660 $31,484 $382,144
Deborah Cady Melzer Vice President 50.0
Officer
$250,591 $23,414 $274,005
Eric Nichols Vice President 50.0
Officer
$310,643 $27,851 $338,494
John Coppola Vice President 50.0
Officer
$222,295 $28,421 $250,716
Kristy Michel Vice President 50.0
Officer
$0 $0 $0
Sean Francis Interim Vice President 50.0
Officer
$245,868 $20,268 $266,136
Stephanie Coldren Chief of Staff 50.0
Officer
$125,819 $30,352 $156,171
Afra Hersi Dean 50.0
Key Emp
$212,758 $31,253 $244,011
Francis Golom Dean 50.0
Key Emp
$207,949 $29,100 $237,049
Mary Ann Scully Dean 50.0
Key Emp
$337,144 $33,178 $370,322
Charles Toomey Head Coach Men's Lacrosse 50.0
Highest
$405,764 $53,824 $459,588
Donna Woodruff ASST VP & DIRECTOR ATHLETICS 50.0
Highest
$274,040 $32,871 $306,911
Frank D'Souza Professor 50.0
Highest
$244,574 $21,356 $265,930
Jennifer Adams Head Coach Women's Lacrosse 50.0
Highest
$263,390 $33,064 $296,454
Tavaras Hardy Head Coach Men's Basketball 50.0
Highest
$217,313 $11,594 $228,907
Amanda Thomas Former Vice President 50.0
$198,589 $34,258 $232,847
Bobby Waldrup Former Dean 50.0
$194,353 $30,008 $224,361
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 $368,946,806 $366,728,801 $840,598,430 $2,218,005
2024 $368,182,859 $359,886,538 $751,769,929 $8,296,321
2023 $334,131,670 $334,769,633 $741,217,550 $-637,963
2022 $319,168,690 $305,994,223 $751,113,089 $13,174,467
2021 $289,324,946 $270,248,020 $769,785,187 $19,076,926
2020 $288,447,259 $285,243,049 $700,282,931 $3,204,210
2019 $308,494,122 $299,428,952 $674,489,171 $9,065,170
2018 $306,438,415 $287,073,621 $666,551,032 $19,364,794
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