St Thomas Aquinas College
- Assets
- $109.6m
- Revenue
- $32.3m
- Investments
- $0.0
- Employees
- 554
- Location
- Sparkill, NY
- Founding
- 01/2009
- Data as of
- 06/2022
- EIN
- 13-2513162
Organization Overview
St Thomas Aquinas College is located in Sparkill, NY. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, St Thomas Aquinas College employed 554 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Thomas Aquinas College 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 06/2022, St Thomas Aquinas College generated $32.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $39.6m during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
POST SECONDARY EDUCATIONAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE EDUCATED OVER 2000 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2022. ASSOCIATE,BACHELOR, AND GRADUATE DEGREES WERE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Kenneth D Daly President | 0 | $476,680 | |
Mrjoseph Donini Vice President | 40 | $279,534 | |
Drrobert Murray Provost | 40 | $269,856 | |
Drmargaret Fitzpatrick Sc President Emerita | 40 | $267,989 | |
Mrsmaria T Coupe Director Human Resources | 0 | $179,928 | |
Mrsvirginia Ripp Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Dragon Connections Llc Information Technologies | 6/29/22 | $472,643 |
Bill Werner Construction Construction | 6/29/22 | $1,748,567 |
Executivetouch Landscaping&constrauction Llc Landscaping | 6/29/22 | $379,238 |
Hayden Building Maintenance Corp Building Maintenace | 6/29/22 | $271,758 |
Bi-state Heating & Air Conditioning Building Maintenance | 6/29/22 | $255,389 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $201,174 |
| Related organizations | $0 |
| Government grants | $2,835,928 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,493,162 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,530,264 |
| Total Program Service Revenue | $21,127,892 |
| Investment income | $1,595,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,084 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,266,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,602,089 |
| Compensation of current officers, directors, key employees. | $349,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,675,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,917,627 |
| Payroll taxes | $1,321,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,689,418 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $432,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,905,653 |
| Insurance | $0 |
| All other expenses | $1,855,157 |
| Total functional expenses | $39,592,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,326,973 |
| Pledges and grants receivable | $759,324 |
| Accounts receivable, net | $1,387,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,055,190 |
| Net Land, buildings, and equipment | $52,598,550 |
| Investments—publicly traded securities | $47,357,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,978 |
| Total assets | $109,572,323 |
| Accounts payable and accrued expenses | $2,360,460 |
| Grants payable | $0 |
| Deferred revenue | $1,270,647 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,474,988 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $504,718 |
| Total liabilities | $14,610,813 |
| Net assets without donor restrictions | $75,845,130 |
| Net assets with donor restrictions | $19,116,380 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $109,572,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Thomas Aquinas College has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Big Guy Foundation Inc Mill Neck, NY PURPOSE: DONATION | $5,000 |
Endowment Analysis
| Beg. Balance | $63,960,091 |
| Earnings | -$7,866,887 |
| Net Contributions | $1,652,597 |
| Other Expense | $28,262 |
| Grants | $2,632,011 |
| Ending Balance | $55,085,528 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
St Thomas Aquinas College Sparkill, NY | $109,572,323 | $32,266,792 |
United Federation Of Teachers Health Care Chapter Bene New York, NY | $44,363,289 | $35,536,855 |
New Jersey Education Association Trenton, NJ | $44,298,969 | $35,727,105 |
Educators For Excellence New York, NY | $11,862,127 | $12,667,542 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
New England Association Of Schools & Colleges Inc Lowell, MA | $16,030,739 | $7,781,290 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
National Association For Communitycollege Entrepreneurship Inc Springfield, MA | $6,289,800 | $9,180,513 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Center For Educational Innovation New York, NY | $3,305,790 | $4,609,505 |