Aquinas Academy Inc is located in Bear, DE. The organization was established in 1997. 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 06/2021, Aquinas Academy Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aquinas Academy 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 06/2021, Aquinas Academy Inc generated $423.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $443.6k during the year ending 06/2021. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AQUINAS ACADEMY IS IN ITS TWENTY-THIRD YEAR AS AN INDEPENDENT PRIVATE DAY SCHOOL, EDUCATING APPROXIMATELY 90 STUDENTS IN REQUIRED SUBJECTS K THROUGH 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUINAS ACADEMY, INC. IS IN ITS TWENTY-FOURTH YEAR AS AN INDEPENDENT PRIVATE DAY SCHOOL, EDUCATING APPROXIMATELY 90 STUDENTS IN REQUIRED SUBJECTS, KINDERGARTEN THROUGH GRADE 12.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John J Moore President | Officer | 1 | $0 |
Mary T Moore Vice President | Officer | 1 | $0 |
James Brake Vice President | Officer | 1 | $0 |
Marian Limmina Vice President | Officer | 1 | $0 |
Diane Moore Treasurer | Officer | 1 | $0 |
Kenneth Speck Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $7,831 |
Related organizations | $0 |
Government grants | $37,542 |
All other contributions, gifts, grants, and similar amounts not included above | $56,684 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $102,057 |
Total Program Service Revenue | $321,722 |
Investment income | $0 |
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 | $423,779 |
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. | $100,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $90,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,611 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $21,870 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $125,029 |
Travel | $44,199 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,844 |
Interest | $1,528 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,275 |
All other expenses | $0 |
Total functional expenses | $443,573 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,272 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $795,000 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $863,272 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $359,897 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $359,897 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $503,375 |
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 | $863,272 |
Over the last fiscal year, we have identified 1 grants that Aquinas Academy Inc has recieved totaling $402.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $402 |
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Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |
Dwight-Englewood School Englewood, NJ | $157,949,172 | $59,866,465 |
Episcopal Academy Newtown Square, PA | $290,673,894 | $56,548,486 |
Springside Chestnut Hill Academy Philadelphia, PA | $140,509,475 | $49,945,250 |
Pennsylvania Leadership Charter Schools West Chester, PA | $90,879,263 | $65,797,836 |
The Public School Of Germantown Fort Washington, PA | $151,608,543 | $52,601,237 |
Peddie School Hightstown, NJ | $613,419,387 | $58,126,453 |
William Penn Charter School Inc Philadelphia, PA | $232,730,859 | $59,443,641 |
Montclair Kimberly Academy Foundation Montclair, NJ | $86,504,754 | $51,589,426 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |