Aquinas Institute Inc is located in Green Bay, WI. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Aquinas Institute Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aquinas Institute 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 12/2023, Aquinas Institute Inc generated $162.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $400.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
UKRAINE GREEK CATHOLIC CHURCH OF KHARKIV
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mortensen President | 40 | $60,000 | |
Beth Mortensen Board Member | 40 | $60,000 | |
Marietta Mortensen Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,015 |
| Interest on Savings | $0 |
| Dividends & Interest | $53 |
| Net Rental Income | -$8,206 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $107,377 |
| Total Revenue | $162,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $23,252 |
| Taxes | $3,469 |
| Depreciation | $17,587 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $41,032 |
| Printing and publications | $0 |
| Other expenses | $105,244 |
| Total operating and administrative expenses | $329,546 |
| Contributions, gifts, grants paid | $70,865 |
| Total expenses and disbursements | $400,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,857 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,412 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $745,126 |
| Other assets | $0 |
| Total assets | $782,395 |
| Accounts payable and accrued expenses | $10,114 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $994,521 |
| Total liabilities | $1,004,635 |