Thomas Aquinas College
- Assets
- $136.6m
- Revenue
- $24.7m
- Investments
- $1.3m
- Employees
- 751
- Location
- Santa Paula, CA
- Founding
- 11/1969
- Data as of
- 06/2020
- EIN
- 94-1698615
Organization Overview
Thomas Aquinas College is located in Santa Paula, CA. The organization was established in 1969. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Thomas Aquinas College employed 751 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Aquinas College 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 06/2020, Thomas Aquinas College generated $24.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $28.8m during the year ending 06/2020. While expenses have increased by 5.8% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
POST SECONDARY EDUCATION-EDUCATIONAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse John Baer Tutor | 40 | $142,039 | |
Paul O'reilly Board Member, VP Of Devel | Trustee | 40 | $139,292 |
John Goyette Board Member, Dean | Trustee | 40 | $138,212 |
Jon Daly Director Of Admissions | 40 | $133,399 | |
Greg Becher Director Of Financial Aid | 40 | $131,119 | |
Patrick Gardner Tutor | 40 | $130,347 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rci Buildersinc Construction | 6/29/21 | $3,488,907 |
Bon Appetit Management Co Food Services | 6/29/21 | $1,185,744 |
Roberts Energy Motor And Heating Fuel | 6/29/21 | $508,467 |
Wiggin Hydroseed Landscape Landscaping | 6/29/21 | $549,160 |
Richard A Reed Backhoe Services Inc Contractors Industry | 6/29/21 | $489,311 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,228,011 |
| Investment income | $586,865 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $166,883 |
| Net Rental Income | $198,365 |
| Net Gain/Loss on Asset Sales | $329,673 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$13,913 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,709,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,588,195 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $337,861 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,584,563 |
| Pension plan accruals and contributions | $339,551 |
| Other employee benefits | $2,212,816 |
| Payroll taxes | $785,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $117,487 |
| Fees for services: Accounting | $52,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $86,225 |
| Fees for services: Investment Management | $92,401 |
| Fees for services: Other | $1,091,857 |
| Advertising and promotion | $139,506 |
| Office expenses | $600,825 |
| Information technology | $71,966 |
| Royalties | $0 |
| Occupancy | $2,251,800 |
| Travel | $178,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,599 |
| Interest | $472,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,148,824 |
| Insurance | $560,777 |
| All other expenses | $0 |
| Total functional expenses | $28,761,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,930 |
| Savings and temporary cash investments | $5,328,861 |
| Pledges and grants receivable | $4,122,812 |
| Accounts receivable, net | $401,524 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $288,754 |
| Inventories for sale or use | $47,961 |
| Prepaid expenses and deferred charges | $819,367 |
| Investments—publicly traded securities | $35,872,109 |
| Investments—other securities | $1,333,895 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,372,278 |
| Total assets | $136,623,649 |
| Accounts payable and accrued expenses | $1,534,485 |
| Grants payable | $0 |
| Deferred revenue | $696,562 |
| 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 | $13,026,398 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,800,618 |
| Total liabilities | $17,058,063 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $119,565,586 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Thomas Aquinas College has recieved totaling $84,900.
| Awarding Organization | Amount |
|---|---|
Conn Charitable Foundation Hillsborough, CA PURPOSE: EDUCATION | $40,000 |
Huckestein Foundation Westlake Village, CA PURPOSE: CONTRIBUTION | $25,000 |
The Tito And Sandra Tiberti Foundation Las Vegas, NV PURPOSE: CHARITABLE | $7,500 |
Robert And Bernarda Neal Foundation Newport Beach, CA PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Marjorie And Edward Illig Family Foundation Cookeville, TN PURPOSE: EDUCATIONAL PROGRAMS | $3,000 |
Rafael Madan & Lilian Casas Foundation Oakton, VA PURPOSE: THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTED OF DONATIONS MADE TO VARIOUS ROMAN CATHOLIC CHURCH ORGANIZATIONS AND AFFILIATED OR OTHER CHARITABLE ORGANIZATIONS. | $3,000 |
Endowment Analysis
| Beg. Balance | $25,165,115 |
| Earnings | $4,336,320 |
| Admin Expense | $309 |
| Net Contributions | $3,688,125 |
| Other Expense | $35,005 |
| Grants | $1,151,645 |
| Ending Balance | $32,002,601 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Linfield University Mcminnville, OR | $308,659,467 | $110,269,366 |
Westmont College Santa Barbara, CA | $328,569,320 | $121,110,665 |
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |
Harvey Mudd College Claremont, CA | $659,151,438 | $77,731,780 |
The Masters University And Seminary Santa Clarita, CA | $147,412,644 | $80,766,902 |
William Jessup University Rocklin, CA | $119,510,265 | $60,123,299 |
Pitzer College Claremont, CA | $349,158,922 | $62,327,201 |
Pacific Union College Angwin, CA | $98,736,096 | $48,958,321 |
Menlo College Atherton, CA | $48,235,643 | $52,004,358 |
Corban University Salem, OR | $26,227,993 | $40,955,830 |