THOMAS MORE COLLEGE OF LIBERAL ARTS INCORPORATED: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: THOMAS MORE COLLEGE OF LIBERAL ARTS INCORPORATED (EIN 02-0344073)
Tax period: 2010-06-01 to 2011-05-31
Filed: 2011-10-14
IRS object ID: 201142879349300034
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-10-14T14:59:39-05:00	Timestamp
Tax Period End Date	2011-05-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HOUDE & COMPANY PROF ASSN	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	215-A MAIN ST	AddressLine1
City	NASHUA	City
State	NH	State
ZIP Code	030602938	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	020344073	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE THOMAS MORE COLLEGE	BusinessNameLine1
Business Name Line2	OF LIBERAL ARTS INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	THOM	NameControl
Phone	6038808308	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6 MANCHESTER STREET	AddressLine1
City	MERRIMACK	City
State	NH	State
ZIP Code	030544855	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM FAHEY	Name
Title	PRESIDENT	Title
Phone	6038808308	Phone
Date Signed	2011-10-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PETER J HOUDE CPA	Name
Phone	6038822785	Phone
Date Prepared	2011-10-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	WILLIAM FAHEY PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	6 MANCHESTER STREET	AddressLine1
City	MERRIMACK	City
State	NH	State
ZIP Code	030544855	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3372607	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.THOMASMORECOLLEGE.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1978	YearFormation
State Legal Domicile	NH	StateLegalDomicile
Activity Or Mission Description	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.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	91	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	1383946	ContributionsGrantsPriorYear
Contributions Grants Current Year	828307	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1657283	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2167826	ProgramServiceRevenueCY
Investment Income Prior Year	775	InvestmentIncomePriorYear
Investment Income Current Year	17395	InvestmentIncomeCurrentYear
Other Revenue Prior Year	682	OtherRevenuePriorYear
Other Revenue Current Year	358371	OtherRevenueCurrentYear
Total Revenue Prior Year	3042686	TotalRevenuePriorYear
Total Revenue Current Year	3371899	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	440541	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	651171	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1192978	SalariesEtcPriorYear
Salaries Etc Current Year	1252240	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	255799	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1193876	OtherExpensePriorYear
Other Expenses Current Year	1207384	OtherExpensesCurrentYear
Total Expenses Prior Year	2827395	TotalExpensesPriorYear
Total Expenses Current Year	3110795	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	215291	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	261104	RevenuesLessExpensesCY
Total Assets BOY	2697475	TotalAssetsBOY
Total Assets EOY	4974373	TotalAssetsEOY
Total Liabilities BOY	2619268	TotalLiabilitiesBOY
Total Liabilities EOY	4635062	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	78207	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	339311	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2634068	Expense
Grants	651171	Grants
Description	DELIVERY OF EDUCATION AND SERVICES TO STUDENTS.	Description
Total Program Service Expense	2634068	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	true	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	23	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	91	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PAMELA BERNSTEIN	NamePerson
Telephone Number	6038808308	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	6 MANCHESTER STREET	AddressLine1
City	MERRIMACK	City
State	NH	State
ZIP Code	03054	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Institutional TrusteeInstitutionalTrustee	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
T PATRICK MONAGHAN
CHAIRMAN	2.00	X	0	0	0
HARRY C VERYSER
TREASURER	2.00	X	0	0	0
WILLIAM R STOTT JR
TRUSTEE	2.00	X	0	0	0
STEPHEN G PEROUTKA
TRUSTEE	2.00	X	0	0	0
DR CHARLES E RICE ESQ
TRUSTEE	2.00	X	0	0	0
PAUL CB SCHENCK
TRUSTEE	2.00	X	0	0	0
FREDERIC H CLARK
VICE. CHAIRM	2.00	X	0	0	0
REP MAUREEN C MOONEY
TRUSTEE	2.00	X	0	0	0
VICTORIA HUGHES
TRUSTEE	2.00	X	0	0	0
DOMINIC P TOSCANI
TRUSTEE	2.00	X	0	0	0
MICHAEL C GILLERAN
TRUSTEE	2.00	X	0	0	0
WILLIAM E FAHEY
PRESIDENT	40.00		105414	0	19659	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	105414	TotalReportableCompFromOrg
Total Other Compensation	19659	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	4406	GovernmentGrants
All Other Contributions	823901	AllOtherContributions
Noncash Contributions	56652	NoncashContributions
Total Contributions	828307	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	1475894	1475894
ROOM AND BOARD	655200	655200
AUXILIARY ENTERPRISES	26268	26268
COMMUNITY RELIGIOUS ED. PROG.	10464	10464

Field	Value	IRS element (for citing)
Total Program Service Revenue	2167826	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	18103	TotalRevenueColumn
Exclusion	$18,103	ExclusionAmount

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	708	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-708	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-708	TotalRevenueColumn
Related Or Exempt Function Income	-708	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INCOME FROM BENEFICIAL TRUST	320771	320771
UNREALIZEGAIN ON BENEF. TRUST	38920	38920
LOSSES ON INVESTMENTS	-1320	-1320

Field	Value	IRS element (for citing)
Total Other Revenue	358371	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3371899	TotalRevenueColumn
Related Or Exempt Function Income	2525489	RelatedOrExemptFunctionIncome
Exclusion	$18,103	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	651171	Total
Program Services	651171	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	105414	Total
Program Services	10541	ProgramServices
Management And General	73790	ManagementAndGeneral
Fundraising	21083	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	907491	Total
Program Services	763922	ProgramServices
Management And General	55955	ManagementAndGeneral
Fundraising	87614	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	168063	Total
Program Services	131998	ProgramServices
Management And General	20603	ManagementAndGeneral
Fundraising	15462	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	71272	Total
Program Services	55978	ProgramServices
Management And General	8736	ManagementAndGeneral
Fundraising	6558	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	26000	Total
Program Services	22000	ProgramServices
Fundraising	4000	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	17787	Total
Program Services	8078	ProgramServices
Management And General	9709	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	24900	Total
Management And General	24900	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	22323	Total
Program Services	21343	ProgramServices
Fundraising	980	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	237144	Total
Program Services	237144	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	40046	Total
Program Services	20027	ProgramServices
Management And General	2927	ManagementAndGeneral
Fundraising	17092	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	157233	Total
Program Services	157233	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	111541	Total
Program Services	111541	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	25148	Total
Program Services	25148	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising	Management And GeneralManagementAndGeneral
FOOD	125361	99316	26045
UTILITIES	82410	79727	1465	1218
MISCELLANEOUS EXPENSES	68810	55638	400	12772
MAINTENANCE	54328	54328
SUPPLIES	49521	37101	11357	1063

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	164832	Total
Program Services	91834	ProgramServices
Management And General	9255	ManagementAndGeneral
Fundraising	63743	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3110795	Total
Program Services	2634068	ProgramServices
Management And General	220928	ManagementAndGeneral
Fundraising	255799	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	26138	BOY
EOY	404870	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	62140	BOY
EOY	28494	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	28586	BOY
EOY	4924	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4738	BOY
EOY	22447	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3958125	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1462248	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2534431	BOY
EOY	2495877	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	30082	BOY
EOY	32484	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	11360	BOY
EOY	8397	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
EOY	1976880	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2697475	BOY
EOY	4974373	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	149621	BOY
EOY	136512	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	27030	BOY
EOY	58422	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2442617	BOY
EOY	4440128	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2619268	BOY
EOY	4635062	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-95742	BOY
EOY	-231118	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	149949	BOY
EOY	258622	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	24000	BOY
EOY	311807	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	78207	BOY
EOY	339311	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2697475	BOY
EOY	4974373	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	261104	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	28895	BeginningOfYearBalance
Contributions	4507	Contributions
Investment Earnings Or Losses	-918	InvestmentEarningsOrLosses
End Of Year Balance	32484	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	22891	BeginningOfYearBalance
Contributions	5322	Contributions
Investment Earnings Or Losses	682	InvestmentEarningsOrLosses
End Of Year Balance	28895	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	17682	BeginningOfYearBalance
Contributions	5209	Contributions
End Of Year Balance	22891	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1122461	OtherCostOrOtherBasis
Book Value	1122461	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2179432	OtherCostOrOtherBasis
Depreciation	1046804	Depreciation
Book Value	1132628	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	608695	OtherCostOrOtherBasis
Depreciation	403068	Depreciation
Book Value	205627	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	47537	OtherCostOrOtherBasis
Depreciation	12376	Depreciation
Book Value	35161	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2495877	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
PROPERTY HELD FOR EXPANSION	1617189
BENEFICIAL INTEREST IN TRUST	359691

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1976880	TotalBookValueOtherAssets
Total Revenue	3371899	TotalRevenue
Total Expenses	3110795	TotalExpenses
Excess Or Deficit For Year	261104	ExcessOrDeficitForYear
Other	-$320,771	OtherAmount
Total Adjustments	-320771	TotalAdjustments
Excess Or Deficit Per FS	-59667	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2400665	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	2400665	RevenueSubtotal
Other Revenues Not Included	971234	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	971234	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	3371899	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2460332	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2460332	ExpensesSubtotal
Other Expenses Not Included	650463	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	650463	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	3110795	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	FINANCIAL AID TREATED AS REVENUE REDUCTION IN FINANCIAL'S -651,171 LOSS ON EQUIPMENT SCRAPPED TREATED AS EXPENSE IN FINANCIAL 708 INCOME ADJUSTMENT FROM BENEFICIAL TRUST -320,771 FINANCIAL AID TREATED AS EXPENSE FOR FORM 990 651,171 LOSS ON EQUIPMENT SCRAPPED TREATED AS INCOM FOR FORM 990 -708
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	FINANCIAL AID TREATED AS REVENUE REDUCTION IN FINANCIAL'S 651,171 LOSS ON EQUIPMENT SCRAPPED TREATED AS EXPENSE IN FINANCIAL -708 INCOME ADJUSTMENT FROM BENEFICIAL TRUST 320,771
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	FINANCIAL AID TREATED AS EXPENSE FOR FORM 990 651,171 LOSS ON EQUIPMENT SCRAPPED TREATED AS INCOM FOR FORM 990 -708

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	Identifier
Return Reference	SCHEDULE E LINE 6	ReturnReference
Explanation	THE COLLEGE RECEIVES FEDERAL ASSISTANCE IN THE FORMS OF PELL GRANTS ACADEMIC COMPETITIVENESS GRANTS FSEOG AND FFEL	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
SCHOLARSHIPS	70	617532
WORK STUDY	36	33639

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	49527	NoncashContribsRptdF990

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	5	NumberOfContributions
Noncash Contribs Rptd F990	7125	NoncashContribsRptdF990

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	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.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	COPIES ARE GIVEN TO THE FINANCE COMMITTEE TO REVIEW.
ENFORCEMENT OF CONFLICTS POLICY	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.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS ARE KEPT ON FILE AT THE PREMISES. THEY ARE AVAILABLE FOR INSPECTION UPON REQUEST.