St Thomas More Academy Inc

Organization Overview

St Thomas More Academy Inc is located in Raleigh, NC. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, St Thomas More Academy Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Thomas More Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, St Thomas More Academy Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $2.2m during the year ending 06/2021. While expenses have increased by 5.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ST. THOMAS MORE ACADEMY PROVIDES A CLASSICAL COLLEGE-PREPARATORY CURRICULUM FOR GRADES 9-12 THAT FULLY PARTICIPATES IN THE ROMAN CATHOLIC TRADITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES WERE INCURRED TO OPERATE A SCHOOL FOR 197 HIGH SCHOOL STUDENTS. THESE EXPENSES INCLUDED TEACHER SALARIES, EDUCATIONAL MATERIALS AND STUDENT ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Bradley E Watkins
Headmaster
$99,306
Robert L Luddy
President
$0
William H Francis Jr
Corporate Secretary
$0
Randolph L Luddy
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,882,900
Noncash contributions included in lines 1a–1f $1,102,650
Total Revenue from Contributions, Gifts, Grants & Similar$1,882,900
Total Program Service Revenue$1,206,105
Investment income $71,608
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,012
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,172,625

Grants Recieved

Over the last fiscal year, we have identified 1 grants that St Thomas More Academy Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Tulsa Community Foundation

Tulsa, OK

PURPOSE: SCHOLARSHIP

$10,000
View Grant Recipient Profile

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