Civic Intelligence

Thomas More College of Liberal Arts Incorporated

990 • Fiscal year 2015 • EIN 02-0344073

Jun 01, 2014 to May 31, 2015 • Filed on Jan 26, 2016

Organization ProfileWWW.THOMASMORECOLLEGE.EDU

View Organization Page

6 Manchester StreetMerrimack, NH 03054-4855

(603) 880-8308

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

1.12x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

9th percentile

-32%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$135,773

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

35th percentile

-2.1%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$5,892,229

Down $128,456 (-2.1%) from 2014

Net Assets

Down

$1,406,410

Down $1,290,980 (-48%) from 2014

Liabilities

Up

$4,485,819

Up $1,162,524 (+35%) from 2014

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin9th percentile

Revenue

Up

$4,011,583

Up $543,598 (+16%) from 2014

Expenses

Up

$5,302,563

Up $2,021,944 (+62%) from 2014

Net Income

Down

-$1,290,980

Down $1,478,346 (-789%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,974,373Liabilities 2011: $4,635,062Net Assets 2011: $339,3112011Assets 2012: $4,673,862Liabilities 2012: $2,730,482Net Assets 2012: $1,943,3802012Assets 2013: $5,239,514Liabilities 2013: $2,729,490Net Assets 2013: $2,510,0242013Assets 2014: $6,020,685Liabilities 2014: $3,323,295Net Assets 2014: $2,697,3902014Assets 2015: $5,892,229Liabilities 2015: $4,485,819Net Assets 2015: $1,406,4102015Assets 2016: $4,350,040Liabilities 2016: $2,745,663Net Assets 2016: $1,604,3772016Assets 2017: $4,376,547Liabilities 2017: $2,632,615Net Assets 2017: $1,743,9322017Assets 2018: $5,287,991Liabilities 2018: $2,561,890Net Assets 2018: $2,726,1012018Assets 2019: $5,205,820Liabilities 2019: $2,218,839Net Assets 2019: $2,986,9812019Assets 2020: $6,602,927Liabilities 2020: $2,271,259Net Assets 2020: $4,331,6682020Assets 2021: $7,635,997Liabilities 2021: $2,182,628Net Assets 2021: $5,453,3692021Assets 2022: $7,226,691Liabilities 2022: $1,720,015Net Assets 2022: $5,506,6762022Assets 2023: $6,989,660Liabilities 2023: $1,602,517Net Assets 2023: $5,387,1432023Assets 2024: $7,414,400Liabilities 2024: $1,479,063Net Assets 2024: $5,935,3372024Assets 2025: $7,966,426Liabilities 2025: $329,539Net Assets 2025: $7,636,8872025

Highlighted filing

2015

Assets$5,892,229
Liabilities$4,485,819
Net Assets$1,406,410
Open 2015 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $3,110,7952011Expenses 2012: $3,517,0282012Revenue 2013: $4,222,600Expenses 2013: $3,655,956Net Income 2013: $566,6442013Revenue 2014: $3,467,985Expenses 2014: $3,280,619Net Income 2014: $187,3662014Revenue 2015: $4,011,583Expenses 2015: $5,302,563Net Income 2015: -$1,290,9802015Revenue 2016: $3,794,021Expenses 2016: $3,596,054Net Income 2016: $197,9672016Revenue 2017: $3,788,557Expenses 2017: $3,678,342Net Income 2017: $110,2152017Revenue 2018: $4,971,689Expenses 2018: $4,000,528Net Income 2018: $971,1612018Revenue 2019: $4,096,329Expenses 2019: $3,829,851Net Income 2019: $266,4782019Revenue 2020: $5,421,762Expenses 2020: $3,989,132Net Income 2020: $1,432,6302020Revenue 2021: $4,781,626Expenses 2021: $3,993,696Net Income 2021: $787,9302021Revenue 2022: $5,235,090Expenses 2022: $4,807,681Net Income 2022: $427,4092022Revenue 2023: $5,141,359Expenses 2023: $5,211,264Net Income 2023: -$69,9052023Revenue 2024: $5,988,598Expenses 2024: $5,789,115Net Income 2024: $199,4832024Revenue 2025: $7,978,623Expenses 2025: $6,446,131Net Income 2025: $1,532,4922025

Highlighted filing

2015

Revenue$4,011,583
Expenses$5,302,563
Net Income-$1,290,980
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 26, 2016
Return Version
2014v6.0
Gross Receipts
$4,106,094
Mission and Program Overview

Mission

The thomas more college of liberal arts is dedicated to providing a catholic education to students of all faiths. It recognizes that reflection on the specific nature of liberal education has been entrusted to the church in a special way and so assumes as its task the rediscovery and articulation on this tradition in our own time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,645,668$4,560,659▼ $85,009
Investments in Publicly Traded Securities$40,389$43,668▲ $3,279
Accounts Receivable$18,827$27,674▲ $8,847
Loans From Officers Directors$26,000--
Cash and Non-Interest-Bearing Accounts$76,329$21,962▼ $54,367
Prepaid Expenses and Deferred Charges$18,729$21,611▲ $2,882
Other Notes and Loans Receivable, Net$13,575$18,887▲ $5,312
Pledges and Grants Receivable$9,603$5,353▼ $4,250
Total Assets$6,020,685$5,892,229▼ $128,456
Other Assets Total$1,197,565$1,192,415▼ $5,150
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,846,425$2,761,828▼ $84,597
Other Liabilities$26,730$1,487,500▲ $1,460,770
Unsecured Notes Loans Payable$248,877$145,016▼ $103,861
Accounts Payable and Accrued Expenses$149,202$83,737▼ $65,465
Deferred Revenue$26,061$7,738▼ $18,323
Total Liabilities$3,323,295$4,485,819▲ $1,162,524
Net Assets / Fund Balance
Temporarily Rstr Net Assets$908,280$901,983▼ $6,297
Permanently Rstr Net Assets$376,783$366,743▼ $10,040
Unrestricted Net Assets$1,412,327$137,684▼ $1,274,643
Total Net Assets Fund Balance$2,697,390$1,406,410▼ $1,290,980
Total Liabilities and Net Assets / Fund Balance$6,020,685$5,892,229▼ $128,456

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,754,467$1,470,506$4,224,973
Land$1,578,259-$1,578,259
Equipment$199,790$473,803$673,593
Other Land Buildings$28,143$20,980$49,123
Other Assets Org$13,666--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$38,674$3,209▲ $98-$41,181
2013$38,422$2,413▲ $300-$38,674
2012$39,051$-969▲ $490-$38,422
2011$32,484$6,651▲ $66-$39,051
2010$28,895$4,507▼ $918-$32,484
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William E FaheyPresidentFT$110,847$24,926$135,773

Board Members and Trustees

NameTitle
T Patrick MonaghanChairman
Michael C GilleranVice Chairma
Rep Maureen C MooneyBoard Secret
Sean KayTrustee
Stephen G PeroutkaTrustee
Victoria HughesTrustee
William R Stott JrTrustee
Harry C VeryserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$501,893
Program Service Revenue
$3,493,803
Investment Income
$18,212
Other Revenue
$-2,325
All Other Contributions
$498,684
Change in Net Assets
$-1,290,980

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,859,529
Revenue Not Reported on Financial Statements
$1,152,054
Revenue Not Reported on Form 990
$94,511
Other Revenue Adjustments
$1,152,054
Total Revenue per Audited Statements
$2,954,040
Total Revenue per Form 990
$4,011,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,986,900
Salaries, Compensation, and Employee Benefits$1,163,609
Grants and Similar Amounts Paid$1,152,054
Total Fundraising Expense$151,510
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,152,054--$1,152,054
Other Salaries and Wages$585,676$150,586$71,583$807,845
Occupancy$414,618--$414,618
All Other Expenses$169,406$27,741$18,932$216,079
Other Employee Benefits$113,494$43,396$17,830$174,720
Interest$165,492--$165,492
Current Officers, Directors, Trustees, and Key Employees$11,085$77,593$22,169$110,847
Depreciation Depletion$109,882--$109,882
Other Expenses$107,782$1,586$3,073$109,368
Fees for Services Other$79,794$10,650-$90,444
Payroll Taxes$45,598$17,435$7,164$70,197
Travel$26,778$3,630$10,759$41,167
Fees for Services Accounting-$28,900-$28,900
Insurance$24,359--$24,359
Advertising$18,893--$18,893
Total Functional Expenses$3,302,036$1,849,017$151,510$5,302,563

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,302,563
Total Expenses per Audited Statements$4,245,020
Expenses per Audited Statements$4,150,509
Expenses Not Reported on Financial Statements$1,152,054
Other Expense Adjustments$1,152,054
Expenses Not Reported on Form 990$94,511
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$26,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Legal Settlement$1,487,500
Loans Payable Employees-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Copies are given to the finance committee to review.”

Form 990, Page 6, Part VI, Line 12C

“The board reviews each members conflict of interest status at its may and december board meetings each year.”

Form 990, Page 6, Part VI, Line 15A

“President's compensation is approved by the board of trustees.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are kept on file at the premises. They are available for inspection upon request.”

Filing and Contact Details

Filer

Filer Name
The Thomas More College
EIN
02-0344073
Phone
6038808308
Address
6 MANCHESTER STREET, MERRIMACK, NH 03054-4855

Signing Officer

Name
William Fahey
Title
President
Phone
6038808308
Signed
2016-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Fahey President
Formed
1978
Legal Domicile
Nh
Voting Board Members
9
Independent Board Members
9
Employees
89

Preparer

Firm
Houde & Company Prof Assn
Address
215-A MAIN ST, NASHUA, NH 03060-2938
Preparer
Peter J Houde CPA
Phone
6038822785
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“The 990 that was originally filed is being amended to accrue for a legal settlement on pending litigation that is both probable and can be reasonably estimated. Part ix statement of functional expenses, line 24, and part x balance sheet, line 25, were both affected as a result of the change. Other expenses and other liabilities both increased by 1,487,500. Part i, line 19, revenue less expenses decreased from 196,520 on the 990 that was originally filed to (1,290,980) on the amended 990.”

FORM 990 - ORGANIZATION'S MISSION

“The thomas more college of liberal arts is dedicated to providing a catholic education to students of all faiths. It recognizes that reflection on the specific nature of liberal education has been entrusted to the church in a special way and so assumes as its task the rediscovery and articulation on this tradition in our own time.”

Form 990, Page 2, Part III, Line 4D

“Delivery of education and services to students.”

Form 990, Part XI, Line 9

“Loss on sale of asset not included in financials 167 rental expenses reclassed from expenses in financials 94,344 scholarships treated as revenue reduction in financials -1,152,054 loss on sale of asset not included on form 990 -167 rental expenses reclassed to revenue on form 990 -94,344 scholarships treated as expense on form 990 1,152,054”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Loss on sale of asset not included in financials 167 rental expenses reclassed from expenses in financials 94,344”

Schedule D, Page 4, Part XI, Line 4B

“Scholarships treated as revenue reduction in financials 1,152,054”

Schedule D, Page 4, Part XII, Line 2D

“Loss on sale of asset not included on form 990 167 rental expenses reclassed to revenue on form 990 94,344”

Schedule D, Page 4, Part XII, Line 4B

“Scholarships treated as expense on form 990 1,152,054”

Raw XML AppendixShowing 400 of 528 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0149202
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt083737
IRS990/AccountsReceivableGrp/BOYAmt018827
IRS990/AccountsReceivableGrp/EOYAmt027674
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE THOMAS MORE COLLEGE OF LIBERAL ARTS IS DEDICATED TO PROVIDING A CATHOLIC EDUCATION TO STUDENTS OF ALL FAITHS. IT RECOGNIZES THAT REFLECTION ON THE SPECIFIC NATURE OF LIBERAL EDUCATION HAS BEEN ENTRUSTED TO THE CHURCH IN A SPECIAL WAY AND SO ASSUMES AS ITS TASK THE REDISCOVERY AND ARTICULATION ON THIS TRADITION IN OUR OWN TIME.
IRS990/AdvertisingGrp/ProgramServicesAmt018893
IRS990/AdvertisingGrp/TotalAmt018893
IRS990/AllOtherContributionsAmt0498684
IRS990/AllOtherExpensesGrp/FundraisingAmt018932
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt027741
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0169406
IRS990/AllOtherExpensesGrp/TotalAmt0216079
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0PAMELA BERNSTEIN
IRS990/BooksInCareOfDetail/PhoneNum06038808308
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06 MANCHESTER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MERRIMACK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd003054
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt076329
IRS990/CashNonInterestBearingGrp/EOYAmt021962
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt022169
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt077593
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt011085
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0110847
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0501893
IRS990/CYGrantsAndSimilarPaidAmt01152054
IRS990/CYInvestmentIncomeAmt018212
IRS990/CYOtherExpensesAmt02986900
IRS990/CYOtherRevenueAmt0-2325
IRS990/CYProgramServiceRevenueAmt03493803
IRS990/CYRevenuesLessExpensesAmt0-1290980
IRS990/CYSalariesCompEmpBnftPaidAmt01163609
IRS990/CYTotalExpensesAmt05302563
IRS990/CYTotalFundraisingExpenseAmt0151510
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04011583
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt026061
IRS990/DeferredRevenueGrp/EOYAmt07738
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0109882
IRS990/DepreciationDepletionGrp/TotalAmt0109882
IRS990/Desc0DELIVERY OF EDUCATION AND SERVICES TO STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt089
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03211157
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt028900
IRS990/FeesForServicesAccountingGrp/TotalAmt028900
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010650
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt079794
IRS990/FeesForServicesOtherGrp/TotalAmt090444
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0true
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd2X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd3X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd4X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd5X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd6X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt824926
IRS990/Form990PartVIISectionAGrp/PersonNm0T PATRICK MONAGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm1HARRY C VERYSER
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM R STOTT JR
IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN G PEROUTKA
IRS990/Form990PartVIISectionAGrp/PersonNm4REP MAUREEN C MOONEY
IRS990/Form990PartVIISectionAGrp/PersonNm5VICTORIA HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL C GILLERAN
IRS990/Form990PartVIISectionAGrp/PersonNm7SEAN KAY
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM E FAHEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8110847
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-167
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt03209
IRS990/GrantAmt01152054
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01152054
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01152054
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04106094
IRS990/GrossRentsGrp/RealAmt085493
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt024359
IRS990/InsuranceGrp/TotalAmt024359
IRS990/InterestGrp/ProgramServicesAmt0165492
IRS990/InterestGrp/TotalAmt0165492
IRS990/InvestmentIncomeGrp/ExclusionAmt018379
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018379
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt040389
IRS990/InvestmentsPubTradedSecGrp/EOYAmt043668
IRS990/IRPDocumentCnt0137
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01965289
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04645668
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04560659
IRS990/LandBldgEquipCostOrOtherBssAmt06525948
IRS990/LegalDomicileStateCd0NH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0167
IRS990/LessRentalExpensesGrp/RealAmt094344
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt026000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE THOMAS MORE COLLEGE OF LIBERAL ARTS IS DEDICATED TO PROVIDING A CATHOLIC EDUCATION TO STUDENTS OF ALL FAITHS. IT RECOGNIZES THAT REFLECTION ON THE SPECIFIC NATURE OF LIBERAL EDUCATION HAS BEEN ENTRUSTED TO THE CHURCH IN A SPECIAL WAY AND SO ASSUMES AS ITS TASK THE REDISCOVERY AND ARTICULATION ON THIS TRADITION IN OUR OWN TIME.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02846425
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02761828
IRS990/NetAssetsOrFundBalancesBOYAmt02697390
IRS990/NetAssetsOrFundBalancesEOYAmt01406410
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-167
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-167
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-8851
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-8851
IRS990/NoncashContributionsAmt07981
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0414618
IRS990/OccupancyGrp/TotalAmt0414618
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01197565
IRS990/OtherAssetsTotalGrp/EOYAmt01192415
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt017830
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt043396
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0113494
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0174720
IRS990/OtherExpensesGrp/Desc0SETTLEMENT
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt03073
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01487500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11586
IRS990/OtherExpensesGrp/ProgramServicesAmt0149424
IRS990/OtherExpensesGrp/ProgramServicesAmt1127701
IRS990/OtherExpensesGrp/ProgramServicesAmt2107782
IRS990/OtherExpensesGrp/TotalAmt01487500
IRS990/OtherExpensesGrp/TotalAmt1149424
IRS990/OtherExpensesGrp/TotalAmt2130774
IRS990/OtherExpensesGrp/TotalAmt3109368
IRS990/OtherLiabilitiesGrp/BOYAmt026730
IRS990/OtherLiabilitiesGrp/EOYAmt01487500
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZE GAIN ON BENE. TRUST
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON INVESTMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06353
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1173
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06353
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1173
IRS990/OtherRevenueTotalAmt06526
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt071583
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0150586
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0585676
IRS990/OtherSalariesAndWagesGrp/TotalAmt0807845
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt013575
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt018887
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07164
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017435
IRS990/PayrollTaxesGrp/ProgramServicesAmt045598
IRS990/PayrollTaxesGrp/TotalAmt070197
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0376783
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0366743
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09603
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05353
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018729
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021611
IRS990/PrincipalOfficerNm0WILLIAM FAHEY PRESIDENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1ROOM AND BOARD
IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY ENTERPRISES
IRS990/ProgramServiceRevenueGrp/Desc3COMMUNITY RELIGIOUS ED. PROG.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02440728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1835599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2211705
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02440728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1835599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2211705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35771
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DELIVERY OF EDUCATION AND SERVICES TO STUDENTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt090879
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0861410
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0909070
IRS990/PYInvestmentIncomeAmt017949
IRS990/PYOtherExpensesAmt01192021
IRS990/PYOtherRevenueAmt01391
IRS990/PYProgramServiceRevenueAmt02587235
IRS990/PYRevenuesLessExpensesAmt0187366
IRS990/PYSalariesCompEmpBnftPaidAmt01179528
IRS990/PYTotalExpensesAmt03280619
IRS990/PYTotalRevenueAmt03467985
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1290980
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-8851
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02754467
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01470506
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04224973
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0100
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt038674
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt03209
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt041181
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0700
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt098
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01461
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt038422
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02413
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt038674
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0300
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt039051
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0-969
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt038422
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0490
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0150
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt032484
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt06651
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt039051
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt066
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt028895
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt04507
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt032484
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-918
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0199790
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0473803
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0673593
IRS990ScheduleD/ExpensesNotReportedAmt094511
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01152054
IRS990ScheduleD/ExpensesSubtotalAmt04150509
IRS990ScheduleD/LandGrp/BookValueAmt01578259
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01578259
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01145126
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt133623
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt213666
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PROPERTY TAXES HELD IN ESCROW
IRS990ScheduleD/OtherExpensesIncludedAmt094511
IRS990ScheduleD/OtherExpensesNotIncludedAmt01152054
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028143
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020980
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049123
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01487500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LEGAL SETTLEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOANS PAYABLE EMPLOYEES
IRS990ScheduleD/OtherRevenueAmt094511
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01152054
IRS990ScheduleD/RevenueNotReportedAmt094511
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01152054
IRS990ScheduleD/RevenueSubtotalAmt02859529
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON SALE OF ASSET NOT INCLUDED IN FINANCIALS 167 RENTAL EXPENSES RECLASSED FROM EXPENSES IN FINANCIALS 94,344
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS TREATED AS REVENUE REDUCTION IN FINANCIALS 1,152,054
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON SALE OF ASSET NOT INCLUDED ON FORM 990 167 RENTAL EXPENSES RECLASSED TO REVENUE ON FORM 990 94,344
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS TREATED AS EXPENSE ON FORM 990 1,152,054
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04560659
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01192415
IRS990ScheduleD/TotalExpensesPerForm990Amt05302563
IRS990ScheduleD/TotalLiabilityAmt01487500
IRS990ScheduleD/TotalRevenuePerForm990Amt04011583
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02954040
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04245020
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,892,229
Liabilities
$4,485,819
Net assets
$1,406,410
Revenue
$4,011,583
Expenses
$5,302,563
Net income
-$1,290,980
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.97$0.33$7.64$7.98$6.45$1.53
2024Detailed filing. Detailed filing data is available for this year.$7.41$1.48$5.94$5.99$5.79$0.20
2023Detailed filing. Detailed filing data is available for this year.$6.99$1.60$5.39$5.14$5.21$0.07
2022Detailed filing. Detailed filing data is available for this year.$7.23$1.72$5.51$5.24$4.81$0.43
2021Detailed filing. Detailed filing data is available for this year.$7.64$2.18$5.45$4.78$3.99$0.79
2020Detailed filing. Detailed filing data is available for this year.$6.60$2.27$4.33$5.42$3.99$1.43
2019Detailed filing. Detailed filing data is available for this year.$5.21$2.22$2.99$4.10$3.83$0.27
2018Detailed filing. Detailed filing data is available for this year.$5.29$2.56$2.73$4.97$4.00$0.97
2017Detailed filing. Detailed filing data is available for this year.$4.38$2.63$1.74$3.79$3.68$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.35$2.75$1.60$3.79$3.60$0.20
2015Detailed filing. Detailed filing data is available for this year.$5.89$4.49$1.41$4.01$5.30$1.29
2014Summary only. Only limited summary data is available for this year.$6.02$3.32$2.70$3.47$3.28$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$2.73$2.51$4.22$3.66$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$2.73$1.94$3.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$4.64$0.34$3.11