Overview
What is The Aquinas Institute For Catholic Life At Princeton University Inc?
The Aquinas Institute for Catholic Life at Princeton University Inc. is a nonprofit organization situated in Princeton, New Jersey, specifically at 134 Nassau Street. Its primary mission is to cater to the spiritual, sacramental, intellectual, and pastoral needs of the Princeton University community, which includes undergraduate students, graduate students, faculty, and staff. They achieve this mission by offering regular Sunday and daily Mass, confession, and other sacraments such as Baptism, Confirmation, and Anointing of the Sick. Spiritual direction is provided through chaplains through one-on-one meetings with students. The organization also encourages students to gather in small groups for Bible studies, formation, and prayer. Various retreats and days of recollection are offered throughout the year, and there are numerous groups for fellowship, such as Grad Fellowship, Women's Group, and Men's Group. The Institute has a total of 6 employees dedicated to fulfilling this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (61%)
The Aquinas Institute for Catholic Life at Princeton University has received a two-star rating from Charity Navigator, indicating significant areas for improvement in its financial practices and governance. While the organization demonstrates strong accountability and finance management with perfect scores for board independence and audited financial statements, it struggles with several key policies that are currently missing, affecting its overall rating.
The institute's liabilities to assets ratio is notably high at 66.11%, which suggests a concerning level of debt relative to its total assets. Furthermore, the program expense ratio of 63.00% indicates that while a majority of its expenses are directed towards programs, there remains room for enhancement in this area to ensure more efficient use of funds.
Additionally, the absence of essential policies, such as conflict of interest, whistleblower protections, and document retention guidelines, raises questions about the organization's governance practices. Addressing these limitations could significantly improve its standing and help build greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Aquinas Institute For Catholic Life At Princeton University Inc legitimate?
The Aquinas Institute For Catholic Life At Princeton University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Aquinas Institute For Catholic Life At Princeton University 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: $41,293
Professional Fundraising Fees: $17,500
Other Salaries and Wages: $177,504
For more financial information, click here
What is the mission statement of The Aquinas Institute For Catholic Life At Princeton University Inc?
The Aquinas Institute for Catholic Life at Princeton University Inc. is committed to offering Catholic support and faith to the community at Princeton University. Their primary objective is to cater to the spiritual, sacramental, intellectual, and pastoral needs of the undergraduate students, graduate students, faculty, and staff at Princeton University. The institute organizes regular Sunday and daily Masses, confession sessions, and provides sacraments such as Baptism, Confirmation, and Anointing of the Sick as required. Spiritual direction is offered through chaplains in one-on-one meetings with students. Additionally, the institute provides opportunities for students to engage in small group Bible studies, formations, and prayers. Weekend retreats and days of recollection are also offered throughout the year, along with various fellowship groups such as Grad Fellowship, Women's Group, and Men's Group.
Who is the CEO of The Aquinas Institute For Catholic Life At Princeton University Inc?
Zachary Swantek is the President of The Aquinas Institute For Catholic Life At Princeton University Inc.
What is the revenue of The Aquinas Institute For Catholic Life At Princeton University Inc?
The Aquinas Institute For Catholic Life At Princeton University Inc's revenue in 2022 was $3,351,842.
Who are the executives of The Aquinas Institute For Catholic Life At Princeton University Inc and what are their salaries?
The average compensation at The Aquinas Institute For Catholic Life At Princeton University Inc during 2022 was $36,466. There are 6 employees at The Aquinas Institute For Catholic Life At Princeton University Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $60,000
- Compensation: $41,293
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Aquinas Institute For Catholic Life At Princeton University Inc?
The Aquinas Institute For Catholic Life At Princeton University Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Aquinas Institute For Catholic Life At Princeton University Inc
The Aquinas Institute for Catholic Life at Princeton University is dedicated to catering to the spiritual, sacramental, intellectual, and pastoral needs of the Princeton University community. This esteemed institution, comprising undergraduate students, graduate students, faculty, and staff, is its primary focus. The institute's mission is to extend Catholic support and faith to this community, ensuring they have the necessary resources to nurture their spiritual growth.
To accomplish this mission, The Aquinas Institute for Catholic Life at Princeton University offers a variety of services. Weekly and daily Mass, as well as confession, are available on campus for the convenience of the community members. The institute also extends its support by administering sacraments such as Baptism, Confirmation, and Anointing of the Sick as required. Spiritual direction is an integral part of the institute's offerings, provided through one-on-one meetings with students and chaplains.
Beyond these services, The Aquinas Institute for Catholic Life at Princeton University encourages community interaction through small group gatherings for Bible Studies, formation, and prayer. Retreats and days of recollection are also offered periodically throughout the year, providing opportunities for individuals to reflect and rejuvenate spiritually. The institute fosters fellowship through various groups, including Grad Fellowship, Women's Group, and Men's Group, allowing for continued engagement and support within the community.
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
The Aquinas Institute For Catholic Life At Princeton University Inc's impact can be seen in the spiritual nourishment and support it provides to the community at Princeton University. The Institute offers a range of services including Mass, confession, sacraments such as Baptism and Confirmation, spiritual direction, Bible studies, formation, and prayer opportunities. Additionally, they organize retreats, days of recollection, and various fellowship groups for students, faculty, and staff. By meeting the spiritual, sacramental, intellectual, and pastoral needs of the university community, The Aquinas Institute plays a significant role in fostering the Catholic faith on campus and building a supportive community for individuals to grow in their spirituality.
This information is meant to be a general summary of The Aquinas Institute For Catholic Life At Princeton University 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.
- Program Service Revenue: $33,588
- Gross Receipts: $3,351,842
Assets and Liabilities:
- Total Assets: $9,116,598
- Total Liabilities: $6,500,658
- Net Assets: $2,615,940
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.
Rental Income
Revenue
$33,588
Organization Details
Founding Year
2018
Phone
(732) 600-3733Principal Officer
Zachary Swantek
Main Address
134 Nassau Street, Princeton, NJ, 08542
NTEE Category
Code: X11 - Religion related
If you are a representative of The Aquinas Institute For Catholic Life At Princeton University 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.