Overview
What is Thomas College?
Thomas College is a nonprofit educational institution located at 180 West River Road, Waterville, ME 04901. It offers undergraduate and graduate programs to approximately 1,080 students, including full-time and part-time, focusing on areas like business, education, technology, criminal justice, and psychology. The mission of Thomas College is to empower students to achieve success in their personal and professional lives and to take on leadership and service roles in their communities. The college provides a supportive learning environment tailored to individual students. Thomas College prepares students to unlock their unique potential and excel in their chosen fields while upholding ethics and integrity. With a team of 432 employees, the institution is dedicated to fostering professional excellence and promoting the growth of its students.
Official website here: www.thomas.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Thomas College has earned a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and finance management. The overall score is based entirely on its performance in accountability and finance, indicating a strong emphasis on transparency and effective governance.
The organization features an independent board comprised almost entirely of independent members, showcasing its commitment to unbiased oversight. It has received top scores in various areas, including its audit and oversight committee, conflict of interest policy, and the management of financial documents, all of which contribute to a robust operational framework.
While the financial health of Thomas College is commendable, with a low liabilities-to-assets ratio and a high percentage of expenses directed toward programs, it is essential for potential donors and stakeholders to consider ongoing financial performance and mission impact in their decision-making. Overall, Thomas College demonstrates a solid foundation for trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas College legitimate?
Thomas College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $913,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,183,270
For more financial information, click here
Official website here: www.thomas.edu
What is the mission statement of Thomas College?
Thomas College is dedicated to helping students achieve success in their personal and professional lives, as well as becoming leaders and contributors to their communities. The college offers a nurturing learning environment that prioritizes the unique needs and aspirations of each student. At Thomas College, students have the opportunity to unlock their full potential. The various programs at the institution emphasize professional excellence, guided by ethical and moral principles.
Official website here: www.thomas.edu
Who is the CEO of Thomas College?
Laurie Lachance is the President of Thomas College.
Official website here: www.thomas.edu
What is the revenue of Thomas College?
Thomas College's revenue in 2022 was $31,052,244.
Official website here: www.thomas.edu
Who are the executives of Thomas College and what are their salaries?
The average compensation at Thomas College during 2022 was $21,058. There are 432 employees at Thomas College.
Here are 30 key members and their salaries:
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- Other: $41,234
Official website here: www.thomas.edu
Where can I find the form 990 for Thomas College?
Thomas College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thomas.edu
Learn more at the official website: www.thomas.edu
Mission Statement of Thomas College
Thomas College is a renowned educational institution that is dedicated to helping students achieve success in their personal and professional lives. It fosters an environment that values the unique needs and goals of each student, preparing them for leadership and service in their communities. At Thomas College, students are encouraged to discover and fulfill their unique potential. Each program offered by the college emphasizes professional excellence, guided by ethics and integrity.
Thomas College provides a supportive learning environment that empowers students to reach their full potential. By offering individualized attention and resources, the college ensures that each student receives the guidance they need to succeed. The college's mission extends beyond academic excellence, as it also aims to instill a sense of responsibility and compassion in its students.
Throughout their time at Thomas College, students are encouraged to develop a strong work ethic and a commitment to ethical behavior. The college's programs are designed to foster critical thinking skills, effective communication, and a deep understanding of various disciplines. These skills, combined with a strong moral compass, equip students to make a positive impact in their communities and in their chosen professions.
In summary, Thomas College is an institution that is committed to helping students reach their full potential. It provides a supportive learning environment that values the needs and goals of individual students, preparing them for success in their personal and professional lives and for leadership and service in their communities. The college's emphasis on ethics and integrity ensures that graduates are well-equipped to make a positive impact in the world.
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Impact
August, 2024
Thomas College prepares students for success in their personal and professional lives, and for leadership and service in their communities. It provides a supportive learning environment that values the needs and goals of individual students. With undergraduate and graduate programs in business, education, technology, criminal justice, and psychology, Thomas College serves approximately 900 full-time students and 180 part-time students. The institution's mission is to help students discover and fulfill their unique potential, promoting professional excellence informed by ethics and integrity. Thomas College's impact is evident in the well-rounded education and preparation it provides for its students, empowering them to succeed in their chosen fields and make positive contributions to society.
This information is meant to be a general summary of Thomas College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,600,200
- Program Service Revenue: $25,034,428
- Gross Receipts: $39,240,927
Assets and Liabilities:
- Total Assets: $83,830,985
- Total Liabilities: $17,701,931
- Net Assets: $66,129,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$24,825,966
OTHER FEES
Revenue
$208,462
Organization Details
Founding Year
1894
Phone
(207) 859-1111Principal Officer
Laurie Lachance
Main Address
180 WEST RIVER ROAD, WATERVILLE, ME, 04901
Website
www.thomas.eduNTEE Category
Code: B420 - Education
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