THOMAS MORE COLLEGE OF LIBERAL ARTS INCORPORATED: Form 990, tax year 2015
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- Organization
- THOMAS MORE COLLEGE OF LIBERAL ARTS INCORPORATED (EIN 02-0344073)
- Tax period
- 2015-06-01 to 2016-05-31
- Filed
- 2016-10-14
- IRS object ID
- 201602889349300030
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-14T11:03:35-05:00 | ReturnTs |
| Tax Period End | 2016-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 020374548 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUDE & COMPANY PROF ASSN | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215-A MAIN ST | AddressLine1Txt |
| City | NASHUA | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 030602938 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020344073 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE THOMAS MORE COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | OF LIBERAL ARTS INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 6038808308 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 MANCHESTER STREET | AddressLine1Txt |
| City | MERRIMACK | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 030544855 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM E FAHEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6038808308 | PhoneNum |
| Signature | 2016-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER J HOUDE CPA | PreparerPersonNm |
| PTIN | P00392416 | PTIN |
| Phone | 6038822785 | PhoneNum |
| Preparation | 2016-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM E FAHEY | PrincipalOfficerNm |
| Gross Receipts | $5,403,635 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THOMASMORECOLLEGE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1978 | FormationYr |
| Legal Domicile State | NH | LegalDomicileStateCd |
| Activity Or Mission | THE THOMAS MORE COLLEGE OF LIBERAL ARTS IS DEDICATED TO PROVIDING A CATHOLIC EDUCATION TO STUDENTS OF ALL FAITHS. IT RECOGNIZES THAT REFLECTION ON THE SPECIFIC NATURE OF LIBERAL EDUCATION HAS BEEN ENTRUSTED TO THE CHURCH IN A SPECIAL WAY AND SO ASSUMES AS ITS TASK THE REDISCOVERY AND ARTICULATION ON THIS TRADITION IN OUR OWN TIME. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 87 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $501,893 | PYContributionsGrantsAmt |
| CY Contributions Grants | $604,961 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,493,803 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,893,665 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,212 | PYInvestmentIncomeAmt |
| CY Investment Income | $319,103 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$2,325 | PYOtherRevenueAmt |
| CY Other Revenue | -$23,708 | CYOtherRevenueAmt |
| PY Total Revenue | $4,011,583 | PYTotalRevenueAmt |
| CY Total Revenue | $3,794,021 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,152,054 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,071,458 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,163,609 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,158,062 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $199,799 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,986,900 | PYOtherExpensesAmt |
| CY Other Expenses | $1,366,534 | CYOtherExpensesAmt |
| PY Total Expenses | $5,302,563 | PYTotalExpensesAmt |
| CY Total Expenses | $3,596,054 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,290,980 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $197,967 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,892,229 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,350,040 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,485,819 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,745,663 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,406,410 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,604,377 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE THOMAS MORE COLLEGE OF LIBERAL ARTS IS DEDICATED TO PROVIDING A CATHOLIC EDUCATION TO STUDENTS OF ALL FAITHS. IT RECOGNIZES THAT REFLECTION ON THE SPECIFIC NATURE OF LIBERAL EDUCATION HAS BEEN ENTRUSTED TO THE CHURCH IN A SPECIAL WAY AND SO ASSUMES AS ITS TASK THE REDISCOVERY AND ARTICULATION ON THIS TRADITION IN OUR OWN TIME. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,902,046 | ExpenseAmt |
| Grant | $1,071,458 | GrantAmt |
| Desc | DELIVERY OF EDUCATION AND SERVICES TO STUDENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $114,944 | ExpenseAmt |
| Desc | DELIVERY OF EDUCATION AND SERVICES TO STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $114,944 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $3,016,990 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 87 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAMELA BERNSTEIN | PersonNm |
| Phone | 6038808308 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 MANCHESTER STREET | AddressLine1Txt |
| City | MERRIMACK | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03054 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Institutional TrusteeInstitutionalTrusteeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| T PATRICK MONAGHAN | ||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HARRY C VERYSER | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM R STOTT JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN G PEROUTKA | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REP MAUREEN C MOONEY | ||||||
| BOARD SECRET | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VICTORIA HUGHES | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL C GILLERAN | ||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SEAN KAY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM E FAHEY | ||||||
| PRESIDENT | 40.00 | $121,009 | $0 | $23,759 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $121,009 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $23,759 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $3,901 | GovernmentGrantsAmt |
| All Other Contributions | $601,060 | AllOtherContributionsAmt |
| Noncash Contributions | $16,622 | NoncashContributionsAmt |
| Total Contributions | $604,961 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION AND FEES | $2,056,674 | $2,056,674 |
| ROOM AND BOARD | $826,529 | $826,529 |
| AUXILIARY ENTERPRISES | $5,253 | $5,253 |
| COMMUNITY RELIGIOUS ED. PROG. | $4,258 | $4,258 |
| OTHER INCOME | $951 | $951 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,893,665 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,754 | TotalRevenueColumnAmt |
| Exclusion | $16,754 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,093 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,963 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$2,870 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,870 | TotalRevenueColumnAmt |
| Exclusion | -$2,870 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,900,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,597,651 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $302,349 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $302,349 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $302,349 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| GAIN ON INVESTMENTS | $47 | $47 |
| UNREALIZE LOSS ON BENE. TRUST | -$20,885 | -$20,885 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$20,838 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,794,021 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,175,176 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $13,884 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,071,458 | TotalAmt |
| Program Services | $1,071,458 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,009 | TotalAmt |
| Program Services | $12,101 | ProgramServicesAmt |
| Management And General | $84,706 | ManagementAndGeneralAmt |
| Fundraising | $24,202 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $799,979 | TotalAmt |
| Program Services | $542,561 | ProgramServicesAmt |
| Management And General | $155,582 | ManagementAndGeneralAmt |
| Fundraising | $101,836 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,311 | TotalAmt |
| Program Services | $101,365 | ProgramServicesAmt |
| Management And General | $43,913 | ManagementAndGeneralAmt |
| Fundraising | $23,033 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,763 | TotalAmt |
| Program Services | $41,412 | ProgramServicesAmt |
| Management And General | $17,941 | ManagementAndGeneralAmt |
| Fundraising | $9,410 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,519 | TotalAmt |
| Management And General | $29,519 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,758 | TotalAmt |
| Program Services | $102,843 | ProgramServicesAmt |
| Management And General | $15,915 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,185 | TotalAmt |
| Program Services | $20,185 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $289,343 | TotalAmt |
| Program Services | $289,343 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,905 | TotalAmt |
| Program Services | $21,668 | ProgramServicesAmt |
| Management And General | $2,675 | ManagementAndGeneralAmt |
| Fundraising | $12,562 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,603 | TotalAmt |
| Program Services | $158,603 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,833 | TotalAmt |
| Program Services | $107,833 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,988 | TotalAmt |
| Program Services | $29,988 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| FOOD | $131,347 | $126,224 | $5,123 | |
| MAINTENANCE | $129,747 | $129,747 | ||
| UTILITIES | $89,619 | $88,862 | $757 | |
| MISCELLANEOUS EXPENSES | $64,933 | $53,738 | $11,195 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,754 | TotalAmt |
| Program Services | $119,059 | ProgramServicesAmt |
| Management And General | $17,062 | ManagementAndGeneralAmt |
| Fundraising | $23,633 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,596,054 | TotalAmt |
| Program Services | $3,016,990 | ProgramServicesAmt |
| Management And General | $379,265 | ManagementAndGeneralAmt |
| Fundraising | $199,799 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,962 | BOYAmt |
| EOY | $121,160 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,353 | BOYAmt |
| EOY | $4,450 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,674 | BOYAmt |
| EOY | $26,598 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,887 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,611 | BOYAmt |
| EOY | $10,991 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,845,034 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,870,731 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,560,659 | BOYAmt |
| EOY | $2,974,303 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,668 | BOYAmt |
| EOY | $48,199 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,192,415 | BOYAmt |
| EOY | $1,164,339 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,892,229 | BOYAmt |
| EOY | $4,350,040 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,737 | BOYAmt |
| EOY | $54,208 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,738 | BOYAmt |
| EOY | $7,825 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,761,828 | BOYAmt |
| EOY | $2,673,861 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,016 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,487,500 | BOYAmt |
| EOY | $9,769 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,485,819 | BOYAmt |
| EOY | $2,745,663 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,684 | BOYAmt |
| EOY | $340,088 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $901,983 | BOYAmt |
| EOY | $953,551 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $366,743 | BOYAmt |
| EOY | $310,738 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,406,410 | BOYAmt |
| EOY | $1,604,377 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,892,229 | BOYAmt |
| EOY | $4,350,040 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $197,967 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,181 | BeginningYearBalanceAmt |
| Contributions | $3,901 | ContributionsAmt |
| Investment Earnings Or Losses | -$77 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $100 | AdministrativeExpensesAmt |
| End Year Balance | $44,905 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,674 | BeginningYearBalanceAmt |
| Contributions | $3,209 | ContributionsAmt |
| Investment Earnings Or Losses | $98 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $700 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $100 | AdministrativeExpensesAmt |
| End Year Balance | $41,181 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,422 | BeginningYearBalanceAmt |
| Contributions | $2,413 | ContributionsAmt |
| Investment Earnings Or Losses | $300 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,000 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,461 | AdministrativeExpensesAmt |
| End Year Balance | $38,674 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,051 | BeginningYearBalanceAmt |
| Contributions | -$969 | ContributionsAmt |
| Investment Earnings Or Losses | $490 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $38,422 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,484 | BeginningYearBalanceAmt |
| Contributions | $6,651 | ContributionsAmt |
| Investment Earnings Or Losses | $66 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $39,051 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,122,461 | OtherCostOrOtherBasisAmt |
| Book Value | $1,122,461 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,037,092 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,418,552 | DepreciationAmt |
| Book Value | $1,618,540 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $636,358 | OtherCostOrOtherBasisAmt |
| Depreciation | $429,083 | DepreciationAmt |
| Book Value | $207,275 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,123 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,096 | DepreciationAmt |
| Book Value | $26,027 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,974,303 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST IN TRUST | $1,124,241 |
| DEFERRED FINANCING COSTS | $26,571 |
| PROPERTY TAXES HELD IN ESCROW | $13,327 |
| PELL RECEIVABLE | $200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,164,339 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT LOAN PAYABLE | $9,769 |
| ACCRUED LEGAL SETTLEMENT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,769 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,734,527 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $11,964 | OtherRevenueAmt |
| Revenue Not Reported | $11,964 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,722,563 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,071,458 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,071,458 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,794,021 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,536,560 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $11,964 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $11,964 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,524,596 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,071,458 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,071,458 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,596,054 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | RENTAL EXPENSES RECLASSED FROM EXPENSES IN FINANCIALS 11,964 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | SCHOLARSHIPS TREATED AS REVENUE REDUCTION IN FINANCIALS 1,071,458 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | RENTAL EXPENSES RECLASSED TO REVENUE ON FORM 990 11,964 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | SCHOLARSHIPS TREATED AS EXPENSE ON FORM 990 1,071,458 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | PUBLICIZED IN POSTERS AND THE COLLEGE HANDBOOK. |
| SCHEDULE E, LINE 6 | THE COLLEGE ADMINISTERS FEDERAL ASSISTANCE ON BEHALF OF THE STUDENTS IN THE FORMS OF PELL GRANTS, FSEOG AND FEDERAL DIRECT LOANS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 90 | RecipientCnt |
| Cash Grant | $1,071,458 | CashGrantAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE THOMAS MORE COLLEGE OF LIBERAL ARTS IS DEDICATED TO PROVIDING A CATHOLIC EDUCATION TO STUDENTS OF ALL FAITHS. IT RECOGNIZES THAT REFLECTION ON THE SPECIFIC NATURE OF LIBERAL EDUCATION HAS BEEN ENTRUSTED TO THE CHURCH IN A SPECIAL WAY AND SO ASSUMES AS ITS TASK THE REDISCOVERY AND ARTICULATION ON THIS TRADITION IN OUR OWN TIME. |
| FORM 990, PAGE 2, PART III, LINE 4D | DELIVERY OF EDUCATION AND SERVICES TO STUDENTS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | COPIES ARE GIVEN TO THE FINANCE COMMITTEE TO REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD REVIEWS EACH MEMBERS CONFLICT OF INTEREST STATUS AT ITS MAY AND DECEMBER BOARD MEETINGS EACH YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 15A | PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE KEPT ON FILE AT THE PREMISES. THEY ARE AVAILABLE FOR INSPECTION UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | RENTAL EXPENSES RECLASSED FROM EXPENSES IN FINANCIALS 11,964 SCHOLARSHIPS TREATED AS REVENUE REDUCTION IN FINANCIALS -1,071,458 RENTAL EXPENSES RECLASSED TO REVENUE ON FORM 990 -11,964 SCHOLARSHIPS TREATED AS EXPENSE ON FORM 990 1,071,458 |
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