Civic Intelligence

Thomas University Inc.

990 • Fiscal year 2022 • EIN 58-0644897

Jun 01, 2021 to May 31, 2022 • Filed on Mar 21, 2023

1501 Millpond RdThomasville, GA 31792

(229) 226-1621

Siviq Scores

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

Liabilities / Assets

55th percentile

0.22x

Higher debt load relative to assets than 55% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.26x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

40th percentile

2.6%

Higher net margin than 40% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

77th percentile

$286,351

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

3.6%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$24,383,052

Down $315,908 (-1.3%) from 2021

Net Assets

Up

$19,043,946

Up $34,280 (+0.2%) from 2021

Liabilities

Down

$5,339,106

Down $350,188 (-6.2%) from 2021

Revenue

Up

$20,548,175

Up $714,502 (+3.6%) from 2021

Expenses

Up

$20,011,874

Up $2,642,860 (+15%) from 2021

Net Income

Down

$536,301

Down $1,928,358 (-78%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $14,143,994Liabilities 2010: $2,373,460Net Assets 2010: $11,770,5342010Assets 2011: $15,387,793Liabilities 2011: $2,931,733Net Assets 2011: $12,456,0602011Assets 2012: $17,453,927Liabilities 2012: $4,342,864Net Assets 2012: $13,111,0632012Assets 2013: $18,275,286Liabilities 2013: $5,183,660Net Assets 2013: $13,091,6262013Assets 2014: $17,764,766Liabilities 2014: $4,731,021Net Assets 2014: $13,033,7452014Assets 2015: $19,495,666Liabilities 2015: $4,447,634Net Assets 2015: $15,048,0322015Assets 2016: $22,265,386Liabilities 2016: $6,247,206Net Assets 2016: $16,018,1802016Assets 2017: $22,865,834Liabilities 2017: $7,188,249Net Assets 2017: $15,677,5852017Assets 2018: $22,672,109Liabilities 2018: $7,547,247Net Assets 2018: $15,124,8622018Assets 2019: $21,866,381Liabilities 2019: $6,903,536Net Assets 2019: $14,962,8452019Assets 2020: $22,184,125Liabilities 2020: $7,121,054Net Assets 2020: $15,063,0712020Assets 2021: $24,698,960Liabilities 2021: $5,689,294Net Assets 2021: $19,009,6662021Assets 2022: $24,383,052Liabilities 2022: $5,339,106Net Assets 2022: $19,043,9462022Assets 2023: $24,739,402Liabilities 2023: $5,969,303Net Assets 2023: $18,770,0992023Assets 2024: $27,856,340Liabilities 2024: $8,675,707Net Assets 2024: $19,180,6332024

Highlighted filing

2022

Assets$24,383,052
Liabilities$5,339,106
Net Assets$19,043,946

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $10,738,3052010Expenses 2011: $11,985,0192011Expenses 2012: $12,056,9862012Revenue 2013: $12,260,582Expenses 2013: $12,280,019Net Income 2013: -$19,4372013Revenue 2014: $15,515,838Expenses 2014: $15,936,405Net Income 2014: -$420,5672014Revenue 2015: $17,797,652Expenses 2015: $15,947,616Net Income 2015: $1,850,0362015Revenue 2016: $18,538,998Expenses 2016: $17,226,943Net Income 2016: $1,312,0552016Revenue 2017: $17,513,504Expenses 2017: $18,334,543Net Income 2017: -$821,0392017Revenue 2018: $17,777,311Expenses 2018: $18,594,015Net Income 2018: -$816,7042018Revenue 2019: $17,849,692Expenses 2019: $17,913,015Net Income 2019: -$63,3232019Revenue 2020: $17,997,836Expenses 2020: $17,663,102Net Income 2020: $334,7342020Revenue 2021: $19,833,673Expenses 2021: $17,369,014Net Income 2021: $2,464,6592021Revenue 2022: $20,548,175Expenses 2022: $20,011,874Net Income 2022: $536,3012022Revenue 2023: $19,778,605Expenses 2023: $20,142,447Net Income 2023: -$363,8422023Revenue 2024: $22,418,752Expenses 2024: $22,948,905Net Income 2024: -$530,1532024

Highlighted filing

2022

Revenue$20,548,175
Expenses$20,011,874
Net Income$536,301
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Mar 21, 2023
Return Version
2021v4.2
Gross Receipts
$20,640,158
Mission and Program Overview

Mission

Thomas university is an independent, not for profit, institution of higher education with undergraduate and graduate programs that prepare students for successful careers and responsible citizenship in a rapidly changing and complex world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,428,110$14,341,108▼ $87,002
Investments Other Securities$6,537,598$6,045,992▼ $491,606
Cash and Non-Interest-Bearing Accounts$2,593,460$2,769,560▲ $176,100
Savings and Temporary Cash Investments$432,927$553,617▲ $120,690
Accounts Receivable$565,252$443,096▼ $122,156
Pledges and Grants Receivable$57,079$115,167▲ $58,088
Inventories for Sale or Use$29,452$44,303▲ $14,851
Prepaid Expenses and Deferred Charges$7,318$15,226▲ $7,908
Total Assets$24,698,960$24,383,052▼ $315,908
Other Assets Total$47,764$54,983▲ $7,219
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,127,841$4,757,907▼ $369,934
Deferred Revenue$282,643$323,086▲ $40,443
Other Liabilities$143,488$140,632▼ $2,856
Accounts Payable and Accrued Expenses$135,322$117,481▼ $17,841
Total Liabilities$5,689,294$5,339,106▼ $350,188
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,507,058$14,427,814▼ $79,244
Net Assets With Donor Restrictions$4,502,608$4,616,132▲ $113,524
Total Net Assets Fund Balance$19,009,666$19,043,946▲ $34,280
Total Liabilities and Net Assets / Fund Balance$24,698,960$24,383,052▼ $315,908

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,778,353$3,378,691$12,157,044
Equipment$4,388,158$5,190,071$9,578,229
Other Land Buildings$275,421$974,160$1,249,581
Land$899,176-$899,176
Other Securities$1,290,721--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$6,967,261$131,528▼ $230,084-$6,596,534
2020$5,450,677$34,810▲ $1,693,079-$6,967,261
2019$5,661,576$23,840▲ $406,181-$5,450,677
2018$5,722,228$38,333▲ $154,560-$5,661,576
2017$5,442,334$16,591▲ $462,454-$5,722,228
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Andy SheppardPresidentFT$268,464$17,887$286,351
Mr Randy LivingstonVice President for FinanceFT$140,221$12,155$152,376
Mrs Susan BackofenVice President of EnrollmeFT$134,000$11,782$145,782
Mrs Susan LynnChair of EducationFT$102,541$6,707$109,248
Dr John K MeisVice President of AcademicFT$98,500$6,594$105,094
Mr Kurt StringfellowVice President of InstitutFT$100,291$3,666$103,957
Dr Robert BohmanVice President of StudentFT$97,390$523$97,913
Revenue and Support

Revenue Composition

Contributions and Grants
$4,801,361
Program Service Revenue
$15,524,826
Investment Income
$215,692
Other Revenue
$6,296
All Other Contributions
$997,845
Change in Net Assets
$536,301

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,319,470
Revenue Not Reported on Financial Statements
$2,228,705
Revenue Not Reported on Form 990
$-410,038
Other Revenue Adjustments
$2,228,705
Total Revenue per Audited Statements
$17,909,432
Total Revenue per Form 990
$20,548,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,837,403
Other Expenses$7,945,766
Grants and Similar Amounts Paid$2,228,705
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,293,587$898,927-$7,192,514
Grants to Domestic Individuals$2,228,705--$2,228,705
All Other Expenses$1,567,554$371,084-$1,938,638
Current Officers, Directors, Trustees, and Key Employees$333,931$607,476-$941,407
Other Employee Benefits$130,687$698,699-$829,386
Depreciation Depletion$558,434$175,652-$734,086
Payroll Taxes$494,405$101,969-$596,374
Other Expenses$357,236$214,781-$572,017
Office Expenses$285,433$103,990-$389,423
Pension Plan Contributions$13,132$264,590-$277,722
Advertising$232,301$16,477-$248,778
Interest$170,974$53,779-$224,753
Occupancy$84,513$71,220-$155,733
Insurance$1,156$26,873-$28,029
Total Functional Expenses$15,734,707$4,277,167$0$20,011,874

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$20,011,874
Total Expenses per Audited Statements$17,875,152
Expenses per Audited Statements$17,783,169
Expenses Not Reported on Financial Statements$2,228,705
Other Expense Adjustments$2,228,705
Expenses Not Reported on Form 990$91,983
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$140,632
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
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 B, Line 11B

The form 990 will be completed annually and copies will be provided to the entire governing board as well as the president of the university. At that time the president and the chief financial officer will review the form 990 with the finance committee. Once all necessary changes are made and the president is in agreement with the finance committee and the chief financial officer on the finished form 990, it will be signed by the chief financial officer, dated and submitted by the filing deadline. A copy of the approved form 990 will be provided to all the officers and trustees before the return is filed.

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

The conflict of interest policy shall be distributed annually to the university trustees, advisory committees and key employees. Any change to the disclosure of conflict of interest are requested at trustee and committee meetings.

Form 990, Part VI, Section B, Line 15

The process includes all these elements (1) review and approval of the compensation committee of the university: (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping to the deliberations and decisions regarding the compensation arrangement.

Form 990, Part VI, Section C, Line 19

The university makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thomas University
EIN
58-0644897
Phone
2292261621
Address
1501 MILLPOND RD, THOMASVILLE, GA 31792

Signing Officer

Name
Randy Livingston
Title
VP for Finance and Administration
Phone
2292261621
Signed
2023-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Livingston
Formed
1950
Legal Domicile
Ga
Voting Board Members
22
Independent Board Members
21
Employees
338
Volunteers
0

Preparer

Firm
Lanigan & Associates P C
Address
314 GORDON AVENUE, THOMASVILLE, GA 31792
Preparer
John Keillor
Phone
2292268320
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2(C)

The university has an audit committee that assumes responsibility for oversite of the audit and selection of an independent auditor.

Financial Statement Notes

PART V, LINE 4:

The university endowment fund is to provide annual income for programs, student scholarships and specific purposes as designated by the donors.

PART X, LINE 2:

The university has implemented the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the appropriate taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Management determined that there were no tax uncertainties that met the recognition threshold during the years ended may 31, 2022 and may 31, 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold from auxiliary services 91,983.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Grants to individuals 2,228,705.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold from auxiliary services 91,983.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grants to individuals 2,228,705.

Part XI and Part XII, Lines 2D

Grants to individuals and cost of goods sold from auxiliary services were not included in the expenses on the statement of activities of the 990.

Part XI and Part XII, Lines 4B

Grants to individuals and cost of goods sold from auxiliary services were not included in the revenues on the statement of activities of the 990.

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IRS990/ActivityOrMissionDesc0THOMAS UNIVERSITY IS AN INDEPENDENT, NOT FOR PROFIT, INSTITUTION OF HIGHER EDUCATION WITH UNDERGRADUATE AND GRADUATE PROGRAMS THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP IN A RAPIDLY CHANGING AND COMPLEX WORLD.
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IRS990/Desc0THE PRIMARY EXEMPT PURPOSE OF THOMAS UNIVERSITY IS TO PROVIDE EDUCATIONAL AND GENERAL INSTRUCTION SERVICES THROUGH A DYNAMIC LEARNING ENVIRONMENT. INNOVATIVE MODELS FOR REACHING LEARNERS BY FACULTY AND STAFF. OFFERING ASSOCIATE'S, BACHELOR'S, AND MASTER'S DEGREES, OUR HIGHEST GOAL IS TO PROVIDE AN EDUCATIONAL EXPERIENCE THAT EXPLORES AND DEVELOPS EACH STUDENT'S FULL POTENTIAL. NUMBER OF GRADUATES FOR THE FISCAL YEAR: 471
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt266707
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt273666
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD COMSTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1MR RANKIN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2MR BRYANT BEADLES
IRS990/Form990PartVIISectionAGrp/PersonNm3MR PHILLIP DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4MR GENE LORD
IRS990/Form990PartVIISectionAGrp/PersonNm5MR VINCENT HILL
IRS990/Form990PartVIISectionAGrp/PersonNm6MR GEORGE LILLY II
IRS990/Form990PartVIISectionAGrp/PersonNm7MR CLINT KADEL
IRS990/Form990PartVIISectionAGrp/PersonNm8CHELSIE COSBY
IRS990/Form990PartVIISectionAGrp/PersonNm9MRS EVE RUMBLE
IRS990/Form990PartVIISectionAGrp/PersonNm10MR WILSON CARRAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm11MR VANN MIDDLETON
IRS990/Form990PartVIISectionAGrp/PersonNm12MR RANDY RHEA
IRS990/Form990PartVIISectionAGrp/PersonNm13MS KATHY VIGNOS
IRS990/Form990PartVIISectionAGrp/PersonNm14MR SCOTT RICH
IRS990/Form990PartVIISectionAGrp/PersonNm15MR TERRY ROUSE
IRS990/Form990PartVIISectionAGrp/PersonNm16MR GARY TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm17MRS PAT CHOICE
IRS990/Form990PartVIISectionAGrp/PersonNm18MR FORTSON RUMBLE
IRS990/Form990PartVIISectionAGrp/PersonNm19MR MARVIN DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm20DR ANDY SHEPPARD
IRS990/Form990PartVIISectionAGrp/PersonNm21MR KEITH WORTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22DR JOHN K MEIS
IRS990/Form990PartVIISectionAGrp/PersonNm23MR RANDY LIVINGSTON
IRS990/Form990PartVIISectionAGrp/PersonNm24DR ROBERT BOHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm25MRS SUSAN BACKOFEN
IRS990/Form990PartVIISectionAGrp/PersonNm26MRS SUSAN LYNN
IRS990/Form990PartVIISectionAGrp/PersonNm27MR KURT STRINGFELLOW
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20268464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2298500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23140221
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2497390
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25134000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26102541
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27100291
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDENT OF ACADEMIC
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT FOR FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt24VICE PRESIDENT OF STUDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE PRESIDENT OF ENROLLME
IRS990/Form990PartVIISectionAGrp/TitleTxt26CHAIR OF EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDENT OF INSTITUT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01950
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt03803516
IRS990/GrantAmt02228705
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02228705
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02228705
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt020640158
IRS990/GrossSalesOfInventoryAmt098279
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt026873
IRS990/InsuranceGrp/ProgramServicesAmt01156
IRS990/InsuranceGrp/TotalAmt028029
IRS990/InterestGrp/ManagementAndGeneralAmt053779
IRS990/InterestGrp/ProgramServicesAmt0170974
IRS990/InterestGrp/TotalAmt0224753
IRS990/InventoriesForSaleOrUseGrp/BOYAmt029452
IRS990/InventoriesForSaleOrUseGrp/EOYAmt044303
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0215692
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0215692
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06537598
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06045992
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09542922
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014428110
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014341108
IRS990/LandBldgEquipCostOrOtherBssAmt023884030
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THOMAS UNIVERSITY IS AN INDEPENDENT, NOT FOR PROFIT, INSTITUTION OF HIGHER EDUCATION WITH UNDERGRADUATE AND GRADUATE PROGRAMS THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP IN A RAPIDLY CHANGING AND COMPLEX WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05127841
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04757907
IRS990/NetAssetsOrFundBalancesBOYAmt019009666
IRS990/NetAssetsOrFundBalancesEOYAmt019043946
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt06296
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt06296
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-502021
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014507058
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014427814
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt071220
IRS990/OccupancyGrp/ProgramServicesAmt084513
IRS990/OccupancyGrp/TotalAmt0155733
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0103990
IRS990/OfficeExpensesGrp/ProgramServicesAmt0285433
IRS990/OfficeExpensesGrp/TotalAmt0389423
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047764
IRS990/OtherAssetsTotalGrp/EOYAmt054983
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0698699
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0130687
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0829386
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0296182
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1375468
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2214781
IRS990/OtherExpensesGrp/ProgramServicesAmt01727625
IRS990/OtherExpensesGrp/ProgramServicesAmt11045499
IRS990/OtherExpensesGrp/ProgramServicesAmt2209535
IRS990/OtherExpensesGrp/ProgramServicesAmt3357236
IRS990/OtherExpensesGrp/TotalAmt01727625
IRS990/OtherExpensesGrp/TotalAmt11341681
IRS990/OtherExpensesGrp/TotalAmt2585003
IRS990/OtherExpensesGrp/TotalAmt3572017
IRS990/OtherLiabilitiesGrp/BOYAmt0143488
IRS990/OtherLiabilitiesGrp/EOYAmt0140632
IRS990/OtherOrganizationDsc0INSTITUTION OF HIGHER EDUCATION
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0898927
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06293587
IRS990/OtherSalariesAndWagesGrp/TotalAmt07192514
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0101969
IRS990/PayrollTaxesGrp/ProgramServicesAmt0494405
IRS990/PayrollTaxesGrp/TotalAmt0596374
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0264590
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013132
IRS990/PensionPlanContributionsGrp/TotalAmt0277722
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt057079
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0115167
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07318
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015226
IRS990/PrincipalOfficerNm0RANDY LIVINGSTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.9$8.68$19.2$22.4$22.9$0.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$5.97$18.8$19.8$20.1$0.36
2022Detailed filing. Detailed filing data is available for this year.$24.4$5.34$19.0$20.5$20.0$0.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$5.69$19.0$19.8$17.4$2.46
2020Detailed filing. Detailed filing data is available for this year.$22.2$7.12$15.1$18.0$17.7$0.33
2019Detailed filing. Detailed filing data is available for this year.$21.9$6.90$15.0$17.8$17.9$0.06
2018Detailed filing. Detailed filing data is available for this year.$22.7$7.55$15.1$17.8$18.6$0.82
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.9$7.19$15.7$17.5$18.3$0.82
2016Detailed filing. Detailed filing data is available for this year.$22.3$6.25$16.0$18.5$17.2$1.31
2015Detailed filing. Detailed filing data is available for this year.$19.5$4.45$15.0$17.8$15.9$1.85
2014Detailed filing. Detailed filing data is available for this year.$17.8$4.73$13.0$15.5$15.9$0.42
2013Summary only. Only limited summary data is available for this year.$18.3$5.18$13.1$12.3$12.3$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$4.34$13.1$12.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$2.93$12.5$12.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$2.37$11.8$10.7