Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
990 • Fiscal year 2023 • EIN 02-0624214
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Liabilities / Revenue
26th percentile
Higher debt load relative to revenue than 26% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
43rd percentile
Higher top officer pay than 43% of similar nonprofits.
Top officer pay equals 6.1% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Assets
Down$6,966,900
Down $735,553 (-9.5%) from 2022
Net Assets
Down$6,866,977
Down $525,825 (-7.1%) from 2022
Liabilities
Down$99,923
Down $209,728 (-68%) from 2022
Revenue
Down$1,822,859
Down $418,423 (-19%) from 2022
Expenses
Up$2,560,337
Up $189,112 (+8.0%) from 2022
Net Income
Down-$737,478
Down $607,535 (-468%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,222,415 | $5,884,032 | ▼ $338,383 |
| Investments Other Securities | $897,500 | $994,589 | ▲ $97,089 |
| Cash and Non-Interest-Bearing Accounts | $523,983 | $68,418 | ▼ $455,565 |
| Accounts Receivable | $18,628 | $4,469 | ▼ $14,159 |
| Total Assets | $7,702,453 | $6,966,900 | ▼ $735,553 |
| Other Assets Total | $39,927 | $15,392 | ▼ $24,535 |
| Liabilities | |||
| Deferred Revenue | $76,353 | $84,100 | ▲ $7,747 |
| Accounts Payable and Accrued Expenses | $233,298 | $15,823 | ▼ $217,475 |
| Total Liabilities | $309,651 | $99,923 | ▼ $209,728 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,392,802 | $6,866,977 | ▼ $525,825 |
| Total Net Assets Fund Balance | $7,392,802 | $6,866,977 | ▼ $525,825 |
| Total Liabilities and Net Assets / Fund Balance | $7,702,453 | $6,966,900 | ▼ $735,553 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,051,110 | $2,646,533 | $7,697,643 |
| Equipment | $393,928 | $976,850 | $1,370,778 |
| Land | $417,816 | - | $417,816 |
| Leasehold Improvements | $21,178 | $12,470 | $33,648 |
| Other Securities | $994,589 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Bradley E Watkins | Headmaster | FT | $106,431 | $5,057 | $111,488 |
| Name | Title |
|---|---|
| Robert L Luddy | President |
| Randolph L Luddy | Director |
| William H Francis Jr | Corporate Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,372,750 |
| Other Expenses | $1,075,231 |
| Grants and Similar Amounts Paid | $112,356 |
| Total Fundraising Expense | $8,720 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,116,209 | - | - | $1,116,209 |
| Depreciation Depletion | $519,841 | - | - | $519,841 |
| Grants to Domestic Individuals | $112,356 | - | - | $112,356 |
| Current Officers, Directors, Trustees, and Key Employees | - | $110,920 | - | $110,920 |
| Payroll Taxes | $88,141 | $6,480 | - | $94,621 |
| Occupancy | $75,514 | - | - | $75,514 |
| Office Expenses | $32,379 | $9,973 | - | $42,352 |
| Other Employee Benefits | $29,383 | - | - | $29,383 |
| Pension Plan Contributions | $21,617 | - | - | $21,617 |
| Fees for Services Accounting | - | $15,050 | - | $15,050 |
| Information Technology | $11,244 | $3,748 | - | $14,992 |
| Fees for Services Management | - | $12,062 | - | $12,062 |
| Insurance | $11,831 | - | - | $11,831 |
| Other Expenses | $5,650 | $5,651 | - | $11,301 |
| Fees for Services Other | - | $11,127 | - | $11,127 |
| Advertising | - | - | $8,720 | $8,720 |
| Travel | $3,428 | $3,428 | - | $6,856 |
| All Other Expenses | $1,012 | $192 | - | $1,204 |
| Total Functional Expenses | $2,322,479 | $229,138 | $8,720 | $2,560,337 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOR | Health Ins./retirement Plans | No | $84,488 |
“Robert l. Luddy and randolph l. Luddy - family relationship”
“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.”
“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.”
“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.”
“Making information available to the public: documents are made available upon written request.”
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/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 233298 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15823 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 18628 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4469 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ST. THOMAS MORE ACADEMY PROVIDES A CLASSICAL COLLEGE-PREPARATORY CURRICULUM FOR GRADES 9-12 THAT FULLY PARTICIPATES IN THE ROMAN CATHOLIC TRADITION. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 8720 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 8720 |
| IRS990/AllOtherContributionsAmt | 0 | 522900 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 192 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1012 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1204 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WILLIAM H FRANCIS JR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9198822410 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4641 PARAGON PARK ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27616 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 1 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 523983 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 68418 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 110920 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 110920 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 522900 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 112356 |
| IRS990/CYInvestmentIncomeAmt | 0 | -187470 |
| IRS990/CYOtherExpensesAmt | 0 | 1075231 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1487429 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -737478 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1372750 |
| IRS990/CYTotalExpensesAmt | 0 | 2560337 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 8720 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1822859 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 76353 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 84100 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 519841 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 519841 |
| IRS990/Desc | 0 | EXPENSES WERE INCURRED TO OPERATE A SCHOOL FOR 251 HIGH SCHOOL STUDENTS. THESE EXPENSES INCLUDED TEACHER SALARIES, EDUCATIONAL MATERIALS AND STUDENT ACTIVITIES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 39 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2322479 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 15050 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15050 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 12062 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 12062 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 11127 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11127 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 5057 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT L LUDDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RANDOLPH L LUDDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BRADLEY E WATKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILLIAM H FRANCIS JR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 106431 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | HEADMASTER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CORPORATE SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -216228 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 112356 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 112356 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 112356 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 886422 |
| IRS990/GrossReceiptsAmt | 0 | 2925509 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 3748 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 11244 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 14992 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11831 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11831 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 28758 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 28758 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 897500 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 994589 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3635853 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6222415 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5884032 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9519885 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1102650 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7392802 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6866977 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -216228 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -216228 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 211653 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 7392802 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6866977 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 75514 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 75514 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 9973 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 32379 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 42352 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 39927 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 15392 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 29383 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29383 |
| IRS990/OtherExpensesGrp/Desc | 0 | MAINTENANCE AND REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 1 | STUDENT ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | EDUCATIONAL SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 50507 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5651 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 132947 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 134005 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 26922 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 5650 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 183454 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 134005 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26922 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11301 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1116209 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1116209 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 6480 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 88141 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 94621 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 21617 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 21617 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | WILLIAM H FRANCIS JR |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611170 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | STUDENT ACTIVITY FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1409370 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 78059 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1409370 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 78059 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 651500 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 120350 |
| IRS990/PYInvestmentIncomeAmt | 0 | 170298 |
| IRS990/PYOtherExpensesAmt | 0 | 994331 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1419484 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -129943 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1256544 |
| IRS990/PYTotalExpensesAmt | 0 | 2371225 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2241282 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -737478 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1487429 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 5051110 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2646533 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7697643 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 393928 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 976850 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1370778 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 417816 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 417816 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 21178 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 12470 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 33648 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 994589 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | 1,000,000 UTS US TREASURY BILL DUE 08/10/23 |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5884032 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 994589 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | ST. THOMAS MORE ACADEMY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER ADS AND RECRUITMENT MATERIALS USED IN SOLICITING STUDENTS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 91856 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 1 | 20500 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | FINANCIAL ASSISTANCE |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | COLLEGE SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 24 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 1 | 9 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | PROCEDURES 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/FormAndLineReferenceDesc | 0 | SCHEDULE I, PART I, LINE 2 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | CAPTIVE-AIR SYSTEMS INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 84488 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | HEALTH INS./RETIREMENT PLANS |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | CAPTIVE-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/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART IV DESCRIPTION OF TRANSACTION: |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ROBERT L. LUDDY AND RANDOLPH L. LUDDY - FAMILY RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MAKING INFORMATION AVAILABLE TO THE PUBLIC: DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 6966900 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 7702453 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6966900 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 522900 |
| IRS990/TotalEmployeeCnt | 0 | 39 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 8720 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 229138 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2322479 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2560337 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 309651 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 99923 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 309651 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 99923 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7392802 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 6866977 |
| IRS990/TotalOtherCompensationAmt | 0 | 5057 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 1487429 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 106431 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -187470 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1487429 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1822859 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 48 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 7702453 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6966900 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 3428 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3428 |
| IRS990/TravelGrp/TotalAmt | 0 | 6856 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 4641 PARAGON PARK ROAD |
| IRS990/USAddress/CityNm | 0 | RALEIGH |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27616 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.STMACADEMY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM H FRANCIS JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CORPORATE SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9198787640 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ST THOMAS MORE ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STTH |
| ReturnHeader/Filer/EIN | 0 | 020624214 |
| ReturnHeader/Filer/PhoneNum | 0 | 9198787640 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4641 PARAGON PARK ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27616 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561750124 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BATCHELOR TILLERY & ROBERTS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3605 GLENWOOD AVENUE SUITE 350 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27612 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9197878212 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.