Overview
What is The Thomas More College Of Liberal Arts Inc?
The Thomas More College of Liberal Arts Inc, located at 6 Manchester Street, Merrimack, NH 03054, is a distinguished Catholic not-for-profit institution. It stands out as a beacon of higher education, providing an undergraduate liberal arts degree to students from various faith backgrounds. The college, sitting on 14 acres, includes five buildings and is fully accredited by the New England Association of Schools and Colleges, Inc. Its core mission is to cultivate wisdom and share it enthusiastically with the world. The Thomas More College of Liberal Arts, in line with its Catholic values, aims to foster a robust education in the liberal arts, instilling a profound appreciation for truth, goodness, and beauty. With a dedicated workforce of 92 individuals, the college strives to shape future leaders equipped with a well-rounded education.
Official website here: www.thomasmorecollege.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
The Thomas More College of Liberal Arts has achieved a commendable Four-Star rating on Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates a high level of transparency and responsible financial management, which is crucial for donor trust and engagement.
The organization boasts an impressive 94% independent board member composition, enhancing its governance and oversight capabilities. Its commitment to accountability is further illustrated by the absence of material asset diversions and a well-structured audit and oversight committee, ensuring that funds are utilized effectively towards its educational mission.
However, while the financial metrics paint a positive picture, the summary does not provide information on program impacts or community feedback, which are also essential elements of a nonprofit's overall effectiveness. Therefore, potential donors may want to seek additional insights into the college's educational outcomes and community engagement efforts.
This AI summary has been generated from information found on Charity Navigator.
Is The Thomas More College Of Liberal Arts Inc legitimate?
The Thomas More College Of Liberal Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thomas More College Of Liberal Arts Inc 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: $219,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,281,496
For more financial information, click here
Official website here: www.thomasmorecollege.edu
What is the mission statement of The Thomas More College Of Liberal Arts Inc?
The Thomas More College of Liberal Arts Inc, as a Catholic institution, was established with the mission to deliver a robust education in liberal arts. This mission extends to students of all faiths, fostering a shared pursuit of truth, goodness, and beauty. The college accomplishes this by actively seeking wisdom and sharing it with the world in a joyful manner.
Official website here: www.thomasmorecollege.edu
What is the revenue of The Thomas More College Of Liberal Arts Inc?
The Thomas More College Of Liberal Arts Inc's revenue in 2024 was $5,988,598.
Official website here: www.thomasmorecollege.edu
Who are the executives of The Thomas More College Of Liberal Arts Inc and what are their salaries?
The average compensation at The Thomas More College Of Liberal Arts Inc during 2024 was $15,640. There are 96 employees and 18 volunteers at The Thomas More College Of Liberal Arts Inc.
Here are 19 key members and their salaries:
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- Compensation: $113,703
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- Other: $14,253
- Compensation: $109,494
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- Other: $4,367
- Compensation: $109,219
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- Other: $24,194
Official website here: www.thomasmorecollege.edu
Where can I find the form 990 for The Thomas More College Of Liberal Arts Inc?
The Thomas More College Of Liberal Arts Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thomasmorecollege.edu
Learn more at the official website: www.thomasmorecollege.edu
Mission Statement of The Thomas More College Of Liberal Arts Inc
The Thomas More College of Liberal Arts, a distinguished Catholic institution, was established with the goal of offering a robust education in liberal arts. This mission is twofold: firstly, it aims to provide a solid foundation in the liberal arts, and secondly, it strives to offer a Catholic education that is welcoming to students of all faiths. The college's ethos is one of seeking wisdom and sharing it with joy, a commitment that it upholds in its teachings and interactions with the wider world. The Thomas More College of Liberal Arts is dedicated to fostering an environment that values what is true, good, and beautiful, instilling these principles in its students and encouraging them to contribute positively to society.
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Impact
July, 2024
The impact of The Thomas More College of Liberal Arts Inc is significant in providing a solid liberal arts education grounded in Catholic values. Through its mission of pursuing wisdom and sharing it joyfully with the world, the college aims to equip students with a strong foundation in the liberal arts while fostering an environment where truth, goodness, and beauty are valued. This impact extends beyond just academic knowledge, shaping individuals who are prepared to engage with the world in a meaningful and ethical way.
This information is meant to be a general summary of The Thomas More College Of Liberal Arts Inc. 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 2024.
- Investment Income: $114,361
- Program Service Revenue: $4,379,873
- Gross Receipts: $7,315,874
Assets and Liabilities:
- Total Assets: $6,989,660
- Total Liabilities: $1,602,517
- Net Assets: $5,387,143
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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
$3,303,160
Room and Board
Revenue
$1,031,433
Other Revenues
Revenue
$25,980
Auxiliary Enterprises
Revenue
$19,300
Organization Details
Founding Year
1978
Principal Officer
William E Fahey
Website
www.thomasmorecollege.eduNTEE Category
Code: B420 - Education
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