Thomas Aquinas College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,277,545 | 17,436,065 | −158,520 | 43.6 | 39% |
| 2012 | 16,329,275 | 18,046,142 | −1,716,867 | 41.2 | 39% |
| 2013 | 20,354,140 | 19,013,044 | 1,341,096 | 40.5 | 38% |
| 2014 | 20,040,997 | 19,720,907 | 320,090 | 40.3 | 38% |
| 2015 | 28,819,461 | 19,790,919 | 9,028,542 | 45.5 | 38% |
| 2016 | 19,281,408 | 20,490,328 | −1,208,920 | 43.8 | 39% |
| 2017 | 49,765,831 | 21,238,917 | 28,526,914 | 59.1 | 39% |
| 2018 | 36,023,629 | 22,525,456 | 13,498,173 | 63.4 | 39% |
| 2019 | 29,007,138 | 25,415,013 | 3,592,125 | 58.7 | 38% |
| 2020 | 24,709,172 | 28,761,005 | −4,051,833 | 49.9 | 38% |
| 2021 | 42,264,663 | 32,352,238 | 9,912,425 | 49.5 | 39% |
| 2022 | 36,779,950 | 37,701,711 | −921,761 | 40.3 | 39% |
| 2023 | 36,069,234 | 40,705,228 | −4,635,994 | 37.0 | 38% |
In its most recent public year (2023), this organization spent $4,635,994 more than it brought in. Its reserves stood at about 37 months of spending, down from 43.6 in 2011. Staff pay was 38% of spending. $34,893,345 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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