Nonprofit · EIN 02-0624214
ST THOMAS MORE ACADEMY INC
Tax-exempt · RALEIGH, NC 27616
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,983,659 | $2,890,168 | $93,491 | $6,165,274 | $142,211 | $6,023,063 |
| June 30, 2024 | 990 | $1,808,688 | $2,739,589 | -$930,901 | $6,009,969 | $80,397 | $5,929,572 |
| June 30, 2023 | 990 | $1,822,859 | $2,560,337 | -$737,478 | $6,966,900 | $99,923 | $6,866,977 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,017,000
- Program service revenue
- $1,936,893
- Investment income
- $29,766
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $95,257
- Compensation of officers, directors and key employees
- $126,923
- Other salaries and wages
- $1,290,188
- Salaries, compensation and benefits (total)
- $1,633,203
- Professional fundraising fees
- $0
- Occupancy
- $103,293
- Travel
- $9,779
- Depreciation
- $531,524
- Program services (functional)
- $2,615,203
- Management and general (functional)
- $266,977
- Fundraising (functional)
- $7,988
Balance sheet and other
- Total assets, start of year
- $6,009,969
- Total assets, end of year
- $6,165,274
- Total liabilities, end of year
- $142,211
- Net assets, end of year
- $6,023,063
- Land, buildings and equipment
- $5,161,122
- Net assets without donor restrictions
- $6,023,063
- Gross receipts
- $3,869,659
- Employees
- 45
- Volunteers
- 44
- Year formed
- 2002
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRADLEY E WATKINS | HEADMASTER Trustee or director, Officer | 40 | $117,436 | $6,053 |
| ROBERT L LUDDY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| RANDOLPH L LUDDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM H FRANCIS JR | CORPORATE SECRETARY Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRADLEY E WATKINS | HEADMASTER Trustee or director, Officer | 40 | $111,969 | $4,898 |
| ROBERT L LUDDY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| RANDOLPH L LUDDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM H FRANCIS JR | CORPORATE SECRETARY Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRADLEY E WATKINS | HEADMASTER Trustee or director, Officer | 40 | $106,431 | $5,057 |
| ROBERT L LUDDY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| RANDOLPH L LUDDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM H FRANCIS JR | CORPORATE SECRETARY Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4641 PARAGON PARK ROAD, RALEIGH, NC 27616-3406
- In care of
- % WILLIAM H FRANCIS JR
- Principal officer (990 for 2024)
- WILLIAM H FRANCIS JR, 4641 PARAGON PARK ROAD, RALEIGH, NC 27616
- Signed the 990
- WILLIAM H FRANCIS JR, CORPORATE SECRETARY
- Phone
- (919) 878-7640
- Website
- WWW.STMACADEMY.ORG
- Return prepared by
- BATCHELOR TILLERY & ROBERTS LLP
Mission
ST. THOMAS MORE ACADEMY PROVIDES A CLASSICAL COLLEGE-PREPARATORY HIGH SCHOOL CURRICULUM FOR GRADES 9 THROUGH 12 THAT FULLY PARTICIPATES IN THE ROMAN CATHOLIC TRADITION.
Program accomplishments
- EXPENSES WERE INCURRED TO OPERATE A SCHOOL FOR 278 HIGH SCHOOL STUDENTS. THESE EXPENSES INCLUDED TEACHER SALARIES, EDUCATIONAL MATERIALS AND STUDENT ACTIVITIES.Expenses $2,615,203 · grants $95,257 · revenue $1,936,893
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0624214
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,165,274
- Income (IRS master file)
- $3,869,659
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,983,659 | $2,890,168 | $6,165,274 | IRS |
| 990 | June 2024 | $1,808,688 | $2,739,589 | $6,009,969 | XML |
| 990 | June 2023 | $1,822,859 | $2,560,337 | $6,966,900 | XML |
| 990 | June 2022 | $2,241,282 | $2,371,225 | $7,702,453 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0624214).
Questions about ST THOMAS MORE ACADEMY INC
- What is the EIN of ST THOMAS MORE ACADEMY INC?
- The employer identification number (EIN) of ST THOMAS MORE ACADEMY INC is 02-0624214.
- Is ST THOMAS MORE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to ST THOMAS MORE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ST THOMAS MORE ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ST THOMAS MORE ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ST THOMAS MORE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ST THOMAS MORE ACADEMY INC?
- The 990 for the year ended June 30, 2025 names WILLIAM H FRANCIS JR.
- Who are the officers and directors of ST THOMAS MORE ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $117,436 (BRADLEY E WATKINS, HEADMASTER).
- How much revenue does ST THOMAS MORE ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,983,659, expenses of $2,890,168 and total assets of $6,165,274 at year end.
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