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St Thomas More Academy Inc

  • Raleigh, NC
  • Tax-exempt since April 2004
  • EIN: 02-0624214

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.82M (2023)

Expenses
$2.56M (2023)

Total Assets
$6.97M (2023)

Total Liabilities
$99.9k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,822,859
Expenses
$2,560,337
Net Income
-$737,478
Net Assets
$6,866,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $522,900
28.7%
Program Services $1,487,429
81.6%
Investment Income $28,758
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$216,228
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $110,920
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,116,209
43.6%
Assets/Debt
Total Assets $6,966,900
Total Liabilities $99,923
Net Assets $6,866,977
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $106,431 $0 $5,057
Robert L Luddy (President) $0 $0 $0
Randolph L Luddy (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 6, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,241,282
Expenses
$2,371,225
Net Income
-$129,943
Net Assets
$7,392,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $651,500
29.1%
Program Services $1,419,484
63.3%
Investment Income $60,608
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $109,690
4.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,431
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,009,925
42.6%
Assets/Debt
Total Assets $7,702,453
Total Liabilities $309,651
Net Assets $7,392,802
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $102,381 $0 $5,282
Robert L Luddy (President) $0 $0 $0
Randolph L Luddy (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,172,625
Expenses
$2,177,312
Net Income
$995,313
Net Assets
$8,107,838
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,882,900
59.3%
Program Services $1,206,105
38.0%
Investment Income $71,608
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,012
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,122
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,037,990
47.7%
Assets/Debt
Total Assets $8,332,983
Total Liabilities $225,145
Net Assets $8,107,838
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $99,306 $0 $6,070
Robert L Luddy (President) $0 $0 $0
Randolph L Luddy (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,608,355
Expenses
$1,944,203
Net Income
$2,664,152
Net Assets
$6,482,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,378,300
73.3%
Program Services $1,128,184
24.5%
Investment Income $61,443
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $40,428
0.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,823
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $885,902
45.6%
Assets/Debt
Total Assets $6,530,731
Total Liabilities $47,892
Net Assets $6,482,839
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $90,826 $0 $5,653
Robert L Luddy (President) $0 $0 $0
Randolph L Luddy (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,871,326
Expenses
$1,706,269
Net Income
$1,165,057
Net Assets
$4,116,911
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,596,550
55.6%
Program Services $1,245,177
43.4%
Investment Income $31,641
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,042
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,105
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $731,086
42.8%
Assets/Debt
Total Assets $4,161,233
Total Liabilities $44,322
Net Assets $4,116,911
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $87,784 $0 $5,633
Robert L Luddy (President) $0 $0 $0
Randolph L Luddy (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,683,412
Expenses
$1,756,253
Net Income
-$72,841
Net Assets
$2,903,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $480,109
28.5%
Program Services $1,203,303
71.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,087
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $813,224
46.3%
Assets/Debt
Total Assets $3,002,303
Total Liabilities $98,930
Net Assets $2,903,373
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $85,183 $0 $4,954
Robert L Luddy (President) $0 $0 $0
John Williams (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,597,328
Expenses
$1,720,275
Net Income
-$122,947
Net Assets
$2,976,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $300,000
18.8%
Program Services $1,297,328
81.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $88,780
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $709,841
41.3%
Assets/Debt
Total Assets $3,078,045
Total Liabilities $101,831
Net Assets $2,976,214
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $82,686 $0 $4,863
Robert L Luddy (President) $0 $0 $0
John Williams (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,610,053
Expenses
$1,565,974
Net Income
$44,079
Net Assets
$3,099,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $370,910
23.0%
Program Services $1,239,143
77.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $86,350
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $656,436
41.9%
Assets/Debt
Total Assets $3,223,770
Total Liabilities $124,609
Net Assets $3,099,161
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $80,479 $0 $4,841
Robert L Luddy (President) $0 $0 $0
David Guin (Director) $0 $0 $0
John Williams (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 11, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,374,953
Expenses
$1,557,097
Net Income
-$182,144
Net Assets
$3,055,082
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,653
9.9%
Program Services $1,238,300
90.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $84,502
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $657,959
42.3%
Assets/Debt
Total Assets $3,178,071
Total Liabilities $122,989
Net Assets $3,055,082
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $80,393 $0 $4,686
Robert L Luddy (President) $0 $0 $0
David Guin (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 11, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,402,414
Expenses
$1,626,958
Net Income
-$224,544
Net Assets
$3,237,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $262,922
18.7%
Program Services $1,139,492
81.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,769
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $738,018
45.4%
Assets/Debt
Total Assets $3,367,922
Total Liabilities $130,696
Net Assets $3,237,226
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Bradley E Watkins (Headmaster) $78,383 $0 $4,056
Robert L Luddy (President) $0 $0 $0
David Guin (Director) $0 $0 $0
William H Francis Jr (Corporate Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,877,374
Expenses
$1,517,321
Net Income
$360,053
Net Assets
$3,461,770
Notable Sources of Revenue Percent of Total Revenue
Contributions $861,749
45.9%
Program Services $1,015,625
54.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,896
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $685,982
45.2%
Assets/Debt
Total Assets $3,624,395
Total Liabilities $162,625
Net Assets $3,461,770

Document Links

990
Filed on July 8, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,155,013
Expenses
$1,259,078
Net Income
$895,935
Net Assets
$3,101,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,316,269
61.1%
Program Services $838,744
38.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,378
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $571,820
45.4%
Assets/Debt
Total Assets $3,250,057
Total Liabilities $148,340
Net Assets $3,101,717

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,096,105
Expenses
$1,168,598
Net Income
-$72,493
Net Assets
$2,205,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $536,993
49.0%
Program Services $559,112
51.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,457
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $578,802
49.5%
Assets/Debt
Total Assets $2,376,310
Total Liabilities $170,528
Net Assets $2,205,782

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

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Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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