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Thomas College

Public charityFed auditsIRS 990
Other · WATERVILLE, ME · EIN 01-0263385

About

Thomas college prepares students for success in their personal and professional lives, and for leadership and service in their communities. Thomas provides a supportive learning environment that values the needs and goals of individual students. At thomas, students discover and fulfill their unique potential. Each program at the college promotes professional excellence, informed by ethics and integrity.

Donations are tax-deductible
Category
Other
Employees
450
Volunteers
18

Financial Snapshot

FY ending 2024-06-30
Revenue
$40.0M
Expenses
$38.9M
Assets
$86.8M
Liabilities
$16.9M

Financial history

$40.0M$20.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $40.0M · Avg: $33.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$14.2M
THOMAS COLLEGE
Your actions

Address

180 W River RD
Waterville, ME, 04901-506

Governance

Voting board members18
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %52.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$266K
Retained by contractors$266K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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