St Thomas More School Inc
- Assets
- $9.4m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 54
- Location
- Oakdale, CT
- Founding
- 11/1971
- Data as of
- 06/2023
- EIN
- 06-0876084
Organization Overview
St Thomas More School Inc is located in Oakdale, CT. The organization was established in 1971. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, St Thomas More School Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Thomas More School Inc 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 06/2023, St Thomas More School Inc generated $6.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A SECONDARY COLLEGE PREPARATORY BOARDING SCHOOL. THE SCHOOL OFFERS GRADES 8TH TO 12TH, AS WELL AS POSTGRADUATE STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE STUDENTS, HOUSE STUDENTS AND STAFF, AND FEED STUDENTS AND STAFF.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Quinn Headmaster | OfficerTrustee | 40 | $90,539 |
Robert Keegan Chair | OfficerTrustee | 1 | $0 |
James Michael Kofahl Vice Chair | OfficerTrustee | 1 | $0 |
Nick Macarchuk Director | Trustee | 1 | $0 |
Bryan Mccready Trustee | Trustee | 1 | $0 |
J Hull Manwaring Controller | Trustee | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Dining Service Dining | 6/29/23 | $717,727 |
Bozrah Light & Power Electricity | 6/29/23 | $163,121 |
Connecticare Insurance | 6/29/23 | $231,749 |
Saveway Petroleum Heating | 6/29/23 | $257,824 |
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 | $1,189,291 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,189,291 |
| Total Program Service Revenue | $4,402,968 |
| Investment income | $416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,963,655 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,853 |
| Compensation of current officers, directors, key employees. | $115,853 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,458,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $342,968 |
| Payroll taxes | $128,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,515 |
| Fees for services: Accounting | $8,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $392,071 |
| Travel | $55,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,106 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,972 |
| Insurance | $139,622 |
| All other expenses | $379,508 |
| Total functional expenses | $5,371,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,684 |
| Savings and temporary cash investments | $400,435 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,988,785 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,629 |
| Net Land, buildings, and equipment | $1,826,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,378,737 |
| Accounts payable and accrued expenses | $61,059 |
| Grants payable | $0 |
| Deferred revenue | $7,690,860 |
| 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 | $1,674,465 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $284,162 |
| Total liabilities | $9,710,546 |
| Net assets without donor restrictions | -$671,335 |
| Net assets with donor restrictions | $339,526 |
| 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 | $9,378,737 |