Overview
What is St Thomas More Academy Inc?
St. Thomas More Academy Inc., located in Raleigh, North Carolina, is a nonprofit organization with a strong commitment to education. Their primary mission is to provide a classical, college-preparatory curriculum for high school students, upholding the Roman Catholic tradition. The academy serves 245 students, investing in teacher salaries, educational materials, and student activities. With a team of 37 dedicated individuals, they work tirelessly to ensure a comprehensive learning experience, fostering intellectual growth and aligning with the religious values of the Roman Catholic tradition.
Official website here: www.stmacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
St Thomas More Academy Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 81% overall, indicating a robust commitment to financial health and transparency. A significant highlight is the 100% independence of its board members, which enhances governance and decision-making.
The nonprofit demonstrates fiscal responsibility with an impressive program expense ratio of 90.34%, suggesting that a large portion of its expenditures directly supports its mission. The absence of material asset diversion and commendable scores in policy areas such as conflict of interest and whistleblower protections further illustrates its dedication to ethical practices.
However, while the financial metrics are favorable, the overall score being based solely on accountability and finance highlights the absence of performance indicators related to program impact or outcomes. This limitation suggests that while the organization is financially sound, further evaluation of its effectiveness in fulfilling its mission would provide a more comprehensive understanding of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is St Thomas More Academy Inc legitimate?
St Thomas More Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas More Academy 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: $108,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,009,925
For more financial information, click here
Official website here: www.stmacademy.org
What is the mission statement of St Thomas More Academy Inc?
St. Thomas More Academy Inc. offers a classical college-preparatory curriculum for students in grades 9-12, fully immersing itself in the Roman Catholic tradition. The academy's mission is to provide a high school education that prepares students for further studies, upholding the Catholic faith throughout their learning journey. The academy incurs expenses for teacher salaries, educational materials, and student activities to ensure a comprehensive learning experience.
Official website here: www.stmacademy.org
Who is the CEO of St Thomas More Academy Inc?
William H Francis Jr is the President of St Thomas More Academy Inc.
Official website here: www.stmacademy.org
What is the revenue of St Thomas More Academy Inc?
St Thomas More Academy Inc's revenue in 2022 was $2,241,282.
Official website here: www.stmacademy.org
Who are the executives of St Thomas More Academy Inc and what are their salaries?
The average compensation at St Thomas More Academy Inc during 2022 was $30,226. There are 37 employees and 45 volunteers at St Thomas More Academy Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $102,381
- Related: $0
- Other: $5,282
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stmacademy.org
Where can I find the form 990 for St Thomas More Academy Inc?
St Thomas More Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmacademy.org
Learn more at the official website: www.stmacademy.org
Mission Statement of St Thomas More Academy Inc
St. Thomas More Academy Inc. is dedicated to providing a comprehensive, classical college-preparatory curriculum for high school students in grades 9-12. This education is deeply rooted in the Roman Catholic tradition, ensuring a holistic and faith-based educational experience for its students. The academy's mission is to offer a high school curriculum that fully participates in the rich teachings and values of the Roman Catholic faith, aiming to prepare its students for higher education and beyond. The academy invests in teacher salaries, educational materials, and student activities, ensuring a well-rounded and engaging learning environment for its 245 students.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St. Thomas More Academy Inc's impact lies in providing a classical college-preparatory high school curriculum for grades 9-12 that fully embraces the Roman Catholic tradition. By offering a rigorous academic program, dedicated teachers, and a supportive community, the academy equips its students with the knowledge and skills needed to succeed in higher education and beyond. Through its commitment to academic excellence and moral formation, St. Thomas More Academy Inc plays a vital role in shaping the next generation of leaders who are not only intellectually prepared but also grounded in values that serve society.
This information is meant to be a general summary of St Thomas More Academy 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 2022.
- Investment Income: $170,298
- Program Service Revenue: $1,419,484
- Gross Receipts: $4,223,364
Assets and Liabilities:
- Total Assets: $7,702,453
- Total Liabilities: $309,651
- Net Assets: $7,392,802
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,341,643
STUDENT ACTIVITY FEES
Revenue
$77,841
Organization Details
Founding Year
2002
Phone
(919) 878-7640Principal Officer
William H Francis Jr
Main Address
4641 PARAGON PARK ROAD, RALEIGH, NC, 27616
Website
www.stmacademy.orgNTEE Category
Code: B25 - Education
If you are a representative of St Thomas More Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.