Civic Intelligence

St. Thomas More Academy Inc.

990 • Fiscal year 2022 • EIN 02-0624214

Jul 01, 2021 to Jun 30, 2022 • Filed on May 09, 2023

Organization ProfileWWW.STMACADEMY.ORG
4641 Paragon Park RoadRaleigh, NC 27616

(919) 878-7640

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

22nd percentile

-5.8%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$107,663

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

24th percentile

-7.6%

Faster asset growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-29%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$7,702,453

Down $630,530 (-7.6%) from 2021

Net Assets

Down

$7,392,802

Down $715,036 (-8.8%) from 2021

Liabilities

Up

$309,651

Up $84,506 (+38%) from 2021

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin22nd percentile

Revenue

Down

$2,241,282

Down $931,343 (-29%) from 2021

Expenses

Up

$2,371,225

Up $193,913 (+8.9%) from 2021

Net Income

Down

-$129,943

Down $1,125,256 (-113%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$10M$5.0M$0Assets 2011: $2,376,310Liabilities 2011: $170,528Net Assets 2011: $2,205,7822011Assets 2012: $3,250,057Liabilities 2012: $148,340Net Assets 2012: $3,101,7172012Assets 2013: $3,624,395Liabilities 2013: $162,625Net Assets 2013: $3,461,7702013Assets 2014: $3,367,922Liabilities 2014: $130,696Net Assets 2014: $3,237,2262014Assets 2015: $3,178,071Liabilities 2015: $122,989Net Assets 2015: $3,055,0822015Assets 2016: $3,223,770Liabilities 2016: $124,609Net Assets 2016: $3,099,1612016Assets 2017: $3,078,045Liabilities 2017: $101,831Net Assets 2017: $2,976,2142017Assets 2018: $3,002,303Liabilities 2018: $98,930Net Assets 2018: $2,903,3732018Assets 2019: $4,161,233Liabilities 2019: $44,322Net Assets 2019: $4,116,9112019Assets 2020: $6,530,731Liabilities 2020: $47,892Net Assets 2020: $6,482,8392020Assets 2021: $8,332,983Liabilities 2021: $225,145Net Assets 2021: $8,107,8382021Assets 2022: $7,702,453Liabilities 2022: $309,651Net Assets 2022: $7,392,8022022Assets 2023: $6,966,900Liabilities 2023: $99,923Net Assets 2023: $6,866,9772023Assets 2024: $6,009,969Liabilities 2024: $80,397Net Assets 2024: $5,929,5722024

Highlighted filing

2022

Assets$7,702,453
Liabilities$309,651
Net Assets$7,392,802
Open 2022 Filing

Operations Trend

Revenue Growth13th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,168,5982011Revenue 2012: $2,155,013Expenses 2012: $1,259,078Net Income 2012: $895,9352012Revenue 2013: $1,877,374Expenses 2013: $1,517,321Net Income 2013: $360,0532013Revenue 2014: $1,402,414Expenses 2014: $1,626,958Net Income 2014: -$224,5442014Revenue 2015: $1,374,953Expenses 2015: $1,557,097Net Income 2015: -$182,1442015Revenue 2016: $1,610,053Expenses 2016: $1,565,974Net Income 2016: $44,0792016Revenue 2017: $1,597,328Expenses 2017: $1,720,275Net Income 2017: -$122,9472017Revenue 2018: $1,683,412Expenses 2018: $1,756,253Net Income 2018: -$72,8412018Revenue 2019: $2,871,326Expenses 2019: $1,706,269Net Income 2019: $1,165,0572019Revenue 2020: $4,608,355Expenses 2020: $1,944,203Net Income 2020: $2,664,1522020Revenue 2021: $3,172,625Expenses 2021: $2,177,312Net Income 2021: $995,3132021Revenue 2022: $2,241,282Expenses 2022: $2,371,225Net Income 2022: -$129,9432022Revenue 2023: $1,822,859Expenses 2023: $2,560,337Net Income 2023: -$737,4782023Revenue 2024: $1,808,688Expenses 2024: $2,739,589Net Income 2024: -$930,9012024

Highlighted filing

2022

Revenue$2,241,282
Expenses$2,371,225
Net Income-$129,943
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.2
Gross Receipts
$4,223,364
Mission and Program Overview

Mission

St. Thomas more academy provides a classical college-preparatory high school curriculum for grades 9 through 12 that fully participates in the roman catholic tradition.

St. Thomas more academy provides a classical college-preparatory curriculum for grades 9-12 that fully participates in the roman catholic tradition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,713,360$6,222,415▲ $1,509,055
Investments Other Securities$3,464,675$897,500▼ $2,567,175
Cash and Non-Interest-Bearing Accounts$44,731$523,983▲ $479,252
Accounts Receivable$28,483$18,628▼ $9,855
Total Assets$8,332,983$7,702,453▼ $630,530
Other Assets Total$81,734$39,927▼ $41,807
Liabilities
Accounts Payable and Accrued Expenses$151,018$233,298▲ $82,280
Deferred Revenue$74,127$76,353▲ $2,226
Total Liabilities$225,145$309,651▲ $84,506
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,107,838$7,392,802▼ $715,036
Total Net Assets Fund Balance$8,107,838$7,392,802▼ $715,036
Total Liabilities and Net Assets / Fund Balance$8,332,983$7,702,453▼ $630,530

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,394,642$2,223,074$7,617,716
Equipment$386,536$882,711$1,269,247
Land$417,816-$417,816
Leasehold Improvements$23,421$10,227$33,648
Other Securities$897,500--
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bradley E WatkinsHeadmasterFT$102,381$5,282$107,663

Board Members and Trustees

NameTitle
Robert L LuddyPresident
Randolph L LuddyDirector
William H Francis JrCorporate Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$651,500
Program Service Revenue
$1,419,484
Investment Income
$170,298
Other Revenue
$0
All Other Contributions
$651,500
Change in Net Assets
$-129,943
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,256,544
Other Expenses$994,331
Grants and Similar Amounts Paid$120,350
Total Fundraising Expense$9,465
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,009,925--$1,009,925
Depreciation Depletion$449,465--$449,465
Grants to Domestic Individuals$120,350--$120,350
Current Officers, Directors, Trustees, and Key Employees-$108,431-$108,431
Payroll Taxes$78,617$6,480-$85,097
Occupancy$59,206--$59,206
Fees for Services Other$35,037$3,016-$38,053
Office Expenses$28,180$7,970-$36,150
Other Employee Benefits$35,062--$35,062
Information Technology$22,181$7,574-$29,755
Pension Plan Contributions$18,029--$18,029
Insurance$11,167--$11,167
Fees for Services Management-$10,999-$10,999
Advertising--$9,465$9,465
All Other Expenses$2,273$6,937-$9,210
Other Expenses$32,069$8,753-$8,753
Travel$2,057$2,058-$4,115
Fees for Services Accounting-$2,500-$2,500
Total Functional Expenses$2,147,842$213,918$9,465$2,371,225
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTORHealth Ins./retirement PlansNo$91,990
-ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOREquipment PurchasesNo$62,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
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, Part VI, Section A, Line 2

“Robert l. Luddy and randolph l. Luddy - family relationship”

Form 990, Part VI, Section B, Line 11B

“Form 990 review process: the completed form 990 was reviewed by the finance officer, who discussed questions and issues with the tax preparer. The finance officer then reviewed the final form 990 with the chairman of the board of directors before filing electronically.”

Form 990, Part VI, Section B, Line 12C

“Monitoring conflicts of interest: annual conflict disclosures are required and are reviewed by the finance officer. Independently, during the accounts payable process, invoices are reviewed and any potential conflict of interest issues are resolved prior to payment.”

Form 990, Part VI, Section B, Line 15

“Process for determining compensation: the top management official of the school is the headmaster. Compensation was determined based upon review of compensation of similar positions at other private schools in the area, experience and seniority, along with evaluation of overall performance based on multiple issues, including a performance review prepared by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Making information available to the public: documents are made available upon written request.”

Filing and Contact Details

Filer

Filer Name
St Thomas More Academy Inc
EIN
02-0624214
Phone
9198787640
Address
4641 PARAGON PARK ROAD, RALEIGH, NC 27616

Signing Officer

Name
William H Francis Jr
Title
Corporate Secretary
Phone
9198787640
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William H Francis Jr
Formed
2002
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
37
Volunteers
45

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Keith a Wasserman
Phone
9197878212
Raw XML AppendixShowing 400 of 413 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.

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IRS990ScheduleA/SchoolInd0X
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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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt05394642
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02223074
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07617716
IRS990ScheduleD/EquipmentGrp/BookValueAmt0386536
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0882711
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01269247
IRS990ScheduleD/LandGrp/BookValueAmt0417816
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0417816
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023421
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010227
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033648
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0897500
IRS990ScheduleD/OtherSecuritiesGrp/Desc010,000 SHS MEDTRONIC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06222415
IRS990ScheduleD/TotalBookValueSecuritiesAmt0897500
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ST. THOMAS MORE ACADEMY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER ADS AND RECRUITMENT MATERIALS USED IN SOLICITING STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0101900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt118450
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt034
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt18
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: THE SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL INFORMATION PROVIDED BY APPLICANTS. THIS SERVICE IS PROVIDED BY FACTS GRANT & AID. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO FACTS FOR PROCESSING. A SUMMARY REPORT OF THIS INFORMATION IS SENT TO THE SCHOOL. WHEN THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CAPTIVE-AIR SYSTEMS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1CAPTIVE-AIR SYSTEMS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt091990
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt162851
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0HEALTH INS./RETIREMENT PLANS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1EQUIPMENT PURCHASES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0CAPTIVE-AIRE SYSTEMS, INC. IS 100% OWNED BY ROBERT L. LUDDY, A DIRECTOR OF ST. THOMAS MORE ACADEMY, INC. THE TEACHERS OF ST. THOMAS MORE ACADEMY, INC. PARTICIPATE IN HEALTH INSURANCE AND RETIREMENT PLANS ADMINISTERED BY CAPTIVE-AIRE SYSTEMS, INC.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1CAPTIVE-AIRE SYSTEMS, INC. IS 100% OWNED BY ROBERT L. LUDDY, A DIRECTOR OF ST. THOMAS MORE ACADEMY, INC. ST. THOMAS MORE ACADEMY, INC. PURCHASED EQUIPMENT FROM CAPTIVE-AIRE SYSTEMS, INC.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART IV DESCRIPTION OF TRANSACTION:
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE L, PART IV DESCRIPTION OF TRANSACTION:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT L. LUDDY AND RANDOLPH L. LUDDY - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEW PROCESS: THE COMPLETED FORM 990 WAS REVIEWED BY THE FINANCE OFFICER, WHO DISCUSSED QUESTIONS AND ISSUES WITH THE TAX PREPARER. THE FINANCE OFFICER THEN REVIEWED THE FINAL FORM 990 WITH THE CHAIRMAN OF THE BOARD OF DIRECTORS BEFORE FILING ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING CONFLICTS OF INTEREST: ANNUAL CONFLICT DISCLOSURES ARE REQUIRED AND ARE REVIEWED BY THE FINANCE OFFICER. INDEPENDENTLY, DURING THE ACCOUNTS PAYABLE PROCESS, INVOICES ARE REVIEWED AND ANY POTENTIAL CONFLICT OF INTEREST ISSUES ARE RESOLVED PRIOR TO PAYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROCESS FOR DETERMINING COMPENSATION: THE TOP MANAGEMENT OFFICIAL OF THE SCHOOL IS THE HEADMASTER. COMPENSATION WAS DETERMINED BASED UPON REVIEW OF COMPENSATION OF SIMILAR POSITIONS AT OTHER PRIVATE SCHOOLS IN THE AREA, EXPERIENCE AND SENIORITY, ALONG WITH EVALUATION OF OVERALL PERFORMANCE BASED ON MULTIPLE ISSUES, INCLUDING A PERFORMANCE REVIEW PREPARED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MAKING INFORMATION AVAILABLE TO THE PUBLIC: DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08332983
IRS990/TotalAssetsEOYAmt07702453
IRS990/TotalAssetsGrp/BOYAmt08332983
IRS990/TotalAssetsGrp/EOYAmt07702453
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0651500
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09465
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0213918
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02147842
IRS990/TotalFunctionalExpensesGrp/TotalAmt02371225
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225145
IRS990/TotalLiabilitiesEOYAmt0309651
IRS990/TotalLiabilitiesGrp/BOYAmt0225145
IRS990/TotalLiabilitiesGrp/EOYAmt0309651
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08107838
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07392802
IRS990/TotalOtherCompensationAmt05282
IRS990/TotalProgramServiceExpensesAmt02147842
IRS990/TotalProgramServiceRevenueAmt01419484
IRS990/TotalReportableCompFromOrgAmt0102381
IRS990/TotalRevenueGrp/ExclusionAmt0170298
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01419484
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02241282
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08332983
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07702453
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02058
IRS990/TravelGrp/ProgramServicesAmt02057
IRS990/TravelGrp/TotalAmt04115
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04641 PARAGON PARK ROAD
IRS990/USAddress/CityNm0RALEIGH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027616
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.STMACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM H FRANCIS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CORPORATE SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09198787640
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST THOMAS MORE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0STTH
ReturnHeader/Filer/EIN0020624214
ReturnHeader/Filer/PhoneNum09198787640
ReturnHeader/Filer/USAddress/AddressLine1Txt04641 PARAGON PARK ROAD
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027616
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561750124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BATCHELOR TILLERY & ROBERTS LLP

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,702,453
Liabilities
$309,651
Net assets
$7,392,802
Revenue
$2,241,282
Expenses
$2,371,225
Net income
-$129,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.08$5.93$1.81$2.74$0.93
2023Detailed filing. Detailed filing data is available for this year.$6.97$0.10$6.87$1.82$2.56$0.74
2022Detailed filing. Detailed filing data is available for this year.$7.70$0.31$7.39$2.24$2.37$0.13
2021Detailed filing. Detailed filing data is available for this year.$8.33$0.23$8.11$3.17$2.18$1.00
2020Detailed filing. Detailed filing data is available for this year.$6.53$0.05$6.48$4.61$1.94$2.66
2019Detailed filing. Detailed filing data is available for this year.$4.16$0.04$4.12$2.87$1.71$1.17
2018Detailed filing. Detailed filing data is available for this year.$3.00$0.10$2.90$1.68$1.76$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.08$0.10$2.98$1.60$1.72$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.22$0.12$3.10$1.61$1.57$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.18$0.12$3.06$1.37$1.56$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.37$0.13$3.24$1.40$1.63$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.16$3.46$1.88$1.52$0.36
2012Summary only. Only limited summary data is available for this year.$3.25$0.15$3.10$2.16$1.26$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.17$2.21$1.17