Aquinas Academy Inc
- Assets
- $863.3k
- Revenue
- $423.8k
- Investments
- $0.0
- Employees
- 11
- Location
- Bear, DE
- Founding
- 09/1997
- Data as of
- 06/2021
- EIN
- 52-2012507
Organization Overview
Aquinas Academy Inc is located in Bear, DE. The organization was established in 1997. 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, Aquinas Academy Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aquinas 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, Aquinas Academy Inc generated $423.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $443.6k during the year ending 06/2021. While expenses have increased by 10.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AQUINAS ACADEMY IS IN ITS TWENTY-THIRD YEAR AS AN INDEPENDENT PRIVATE DAY SCHOOL, EDUCATING APPROXIMATELY 90 STUDENTS IN REQUIRED SUBJECTS K THROUGH 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUINAS ACADEMY, INC. IS IN ITS TWENTY-FOURTH YEAR AS AN INDEPENDENT PRIVATE DAY SCHOOL, EDUCATING APPROXIMATELY 90 STUDENTS IN REQUIRED SUBJECTS, KINDERGARTEN THROUGH GRADE 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary T Moore Vice President | Officer | 1 | $0 |
Kenneth Speck Vice President | Officer | 1 | $0 |
Marian Limmina Vice President | Officer | 1 | $0 |
John Fisher Vice President | Officer | 1 | $0 |
Diane Moore Treasurer | Officer | 1 | $0 |
Bernadette Speck Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,831 |
| Related organizations | $0 |
| Government grants | $37,542 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,057 |
| Total Program Service Revenue | $321,722 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $423,779 |
| 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. | $100,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,611 |
| 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 | $21,870 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,029 |
| Travel | $44,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,844 |
| Interest | $1,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,275 |
| All other expenses | $0 |
| Total functional expenses | $443,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $795,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $863,272 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $359,897 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $359,897 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $503,375 |
| 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 | $863,272 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aquinas Academy Inc has recieved totaling $402.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Mcdonogh School Incorporated Owings Mills, MD | $267,537,945 | $83,365,139 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |
Dwight-Englewood School Englewood, NJ | $157,949,172 | $59,866,465 |
Episcopal Academy Newtown Square, PA | $290,673,894 | $56,548,486 |
Springside Chestnut Hill Academy Philadelphia, PA | $140,509,475 | $49,945,250 |
Pennsylvania Leadership Charter Schools West Chester, PA | $90,879,263 | $65,797,836 |
The Public School Of Germantown Fort Washington, PA | $151,608,543 | $52,601,237 |
Peddie School Hightstown, NJ | $613,419,387 | $58,126,453 |
William Penn Charter School Inc Philadelphia, PA | $232,730,859 | $59,443,641 |
Montclair Kimberly Academy Foundation Montclair, NJ | $86,504,754 | $51,589,426 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |