Latin School of Chicago
83% goes to programs $29 to raise $100 Strong reserves Growing revenue
Latin School of Chicago is a 501(c)(3) organization based in Chicago, Illinois, registered in 1954, with $61,074,655 in FY2024 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
59 W North Blvd, Chicago, IL, 60610 EIN 36-2258525 Since 1954
Revenue (FY2024)
$61.1M
▲ 5.0% vs prior year
Education median: $200K
Expenses (FY2024)
$61.7M
Net assets
$123.9M
Employees
577
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating83% to programs · $29 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Latin School of Chicago: 83% to programs · $29 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Latin School of Chicago: 24 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Latin School of Chicago: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Latin School of Chicago: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
An independent co-ed junior kindergarten-12th grade day school.
What they do
Summer and student support services: these programs include summer at latin and the extended day program. summer at latin provides a high quality educational and recreational opportunity for children of all ages. the summer staff is committed to offering a safe, nurturing community that aligns with the values of the school where pursuit of knowledge complements individual growth. the extended day program supports latin families by offering a safe fun program before and after the school day for students enrolled in junior kindergarten through 4th grade. the program provides a balance of organized activity and free time.
Contact & location
- Address
- 59 W North Blvd, Chicago, IL, 60610
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.2M (FY2013) to $61.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $39.5MNet assets $123.9M
Operating margin
-1.1%
Spent more than it raised in the latest fiscal year.
Total assets
$163.4M
Total liabilities
$39.5M
Net assets
$123.9M
Salaries & benefits
$39.3M
64% of expenses
Board members
35
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,074,655▲5.0% | $61,733,605▲6.7% | $123,944,127▲5.3% | $163,412,829▲3.7% | 990 |
| 2023 | $58,188,048▲7.3% | $57,857,592▲2.5% | $117,726,684▲6.0% | $157,639,932▲2.2% | 990 |
| 2022 | $54,240,479▲5.0% | $56,441,120▲4.2% | $111,021,244▲4.5% | $154,205,950▲3.9% | 990 |
| 2021 | $51,650,150▲3.2% | $54,190,280▲5.0% | $106,245,708▼10.3% | $148,380,802▼5.3% | 990 |
| 2020 | $50,037,538▲1.3% | $51,596,019▲2.3% | $118,502,505▲15.8% | $156,636,530▲9.1% | 990 |
| 2019 | $49,380,117▼1.3% | $50,444,295▼0.3% | $102,334,894▼3.5% | $143,579,014▼2.4% | 990 |
| 2018 | $50,018,371▲0.7% | $50,614,920▲6.7% | $106,051,458▲0.2% | $147,042,370▼1.1% | 990 |
| 2017 | $49,683,040▲8.9% | $47,457,277▲4.6% | $105,848,403▲6.8% | $148,605,425▲15.1% | 990 |
| 2016 | $45,628,574▼3.1% | $45,351,476▲2.2% | $99,148,086▲7.8% | $129,087,150▲4.8% | 990 |
| 2015 | $47,093,735▼8.0% | $44,387,310▲4.6% | $91,968,593▲0.6% | $123,176,561▼0.1% | 990 |
| 2014 | $51,202,835▲6.1% | $42,424,913▲4.2% | $91,401,914▲11.5% | $123,274,120▲7.4% | 990 |
| 2013 | $48,245,285 | $40,716,266▲6.7% | $81,989,832▲16.6% | $114,825,616▲12.8% | 990 |
| 2012 | — | $38,146,368▲8.6% | $70,344,294▲19.5% | $101,813,134▲8.3% | 990 |
| 2011 | — | $35,139,609▲4.1% | $58,874,071▲0.7% | $94,024,236▲1.5% | 990 |
| 2010 | — | $33,755,651 | $58,481,217 | $92,663,587 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Thomas Hagerman — $688,963 (1.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas Hagerman | Head of School | 50 | $688,963 |
| Michael Szczepanek | Cfo - Thru 02/2025 | 50 | $313,341 |
| Ryan Allen | Assistant Head of School | 50 | $276,369 |
| Dorothy B Gordon | Chief Development Officer | 50 | $257,386 |
| Shelley Greenwood | Former Assistant Head of School | 50 | $241,257 |
| Susan Bolon | Hr Director | 50 | $213,202 |
| Bliss Tobin | Ls Director | 50 | $188,406 |
| Ingrid Dorer Fitzpatrick | Director Academic Initiatives | 50 | $185,996 |
| Abby Phelps | Trustee | 2 | — |
| Alejandro Longoria | Trustee | 2 | — |
| Alex Abell | Trustee | 2 | — |
| Andres Mendoza Pena | Trustee | 2 | — |
| Carrie Parr | Vice Chair | 10 | — |
| Charlie Tribbett | Trustee | 2 | — |
| Christopher Keogh | Trustee | 2 | — |
| Colleen Batcheler | Trustee | 2 | — |
| Dara Milner | Chair | 10 | — |
| Darren Snyder | Treasurer | 10 | — |
| Diane Saltoun | Secretary | 10 | — |
| Donald Lassiere | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Handcut Foods | Food Service | $2,682,513 |
| Husch Blackwell | Legal | $837,315 |
| Heartland Business Systems | Security Contractor | $603,918 |
| Quinn Emanuel Urquhart & Sullivan | Legal | $557,536 |
| Ideal Charter | Bus Services | $359,834 |
Grants received · $11.5M total
108 grants to Latin School of Chicago totaling $11.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $35,155 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $35,000 |
| United Jewish Foundation | To support education | 2024 | $15,000 |
| Donor Advised Charitable Giving | Education | 2023 | $221,401 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $166,550 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $158,798 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $130,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $79,100 |
| National Philanthropic Tr | Culture & arts | 2023 | $71,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $58,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $40,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $30,000 |
| American Online Giving Foundation Inc | General support | 2023 | $19,993 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $17,500 |
| United Jewish Foundation | To support education | 2023 | $10,000 |
Grants made · $586K in FY2021
1 grant totaling $586K in FY2021. All grants made by Latin School of Chicago →
| Recipient | Purpose | Amount |
|---|---|---|
| High Jump | General support | $586,365 |
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Frequently asked questions
- Is Latin School of Chicago a legitimate nonprofit?
- Yes. Latin School of Chicago is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2258525, based in Chicago, Illinois. Donations are tax-deductible.
- What is Latin School of Chicago's EIN?
- Latin School of Chicago's Employer Identification Number (EIN) is 36-2258525.
- How much revenue does Latin School of Chicago report?
- Latin School of Chicago reported $61,074,655 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Latin School of Chicago's spending goes to programs?
- Latin School of Chicago spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Latin School of Chicago have?
- CharityIndex grades Latin School of Chicago A, based on program efficiency and fundraising cost.
- How much does Latin School of Chicago's highest-paid employee make?
- The highest reported compensation on Latin School of Chicago's latest Form 990 is $688,963, paid to Thomas Hagerman (Head of School).
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Data for Latin School of Chicago (EIN 36-2258525) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.