Aquinas Institute Of Rochester
Aquinas Institute Of Rochester consistently operates at a deficit, drawing down assets over the past decade.
EIN: 160743904 · Rochester, NY · NTEE: B250 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $11.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $2.6M |
| Transparency Score | 65/100 |
Is Aquinas Institute Of Rochester Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aquinas Institute Of Rochester directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aquinas Institute Of Rochester
Aquinas Institute Of Rochester (EIN: 160743904) is a nonprofit organization based in Rochester, NY, classified under NTEE code B250. The organization reported total revenue of $10.6M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aquinas Institute Of Rochester's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aquinas Institute Of Rochester is a large nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $11.3M |
| Surplus / Deficit | $-770,236 |
| Total Assets | $5.4M |
| Total Liabilities | $2.9M |
| Net Assets | $2.6M |
| Operating Margin | -7.3% |
| Debt-to-Asset Ratio | 52.7% |
| Months of Reserves | 5.8 months |
Financial Health Grade: C
In 2024, Aquinas Institute Of Rochester reported a deficit of $770K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 52.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Aquinas Institute Of Rochester's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.6% | +4.1% | -14.0% |
| 2023 | -0.2% | +4.2% | -5.0% |
| 2022 | -18.2% | -4.7% | -12.0% |
| 2021 | +30.6% | +6.4% | -9.1% |
| 2020 | +2.7% | -0.2% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aquinas Institute Of Rochester with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Aquinas Institute Of Rochester allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $770K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $10 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aquinas Institute Of Rochester's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in all reported periods (e.g., $11.3M expenses vs. $10.5M revenue in 202406).
- Significant decline in assets over time, from $12.2 million in 2015 to $5.4 million in 2024, indicating reliance on reserves.
- Unusually low (0%) reported officer compensation for an organization with over $10 million in annual revenue.
Strengths
The following positive indicators were identified for Aquinas Institute Of Rochester:
- High transparency with 14 IRS 990 filings publicly available.
- Consistent revenue generation above $8 million annually over the past decade.
Frequently Asked Questions about Aquinas Institute Of Rochester
Is Aquinas Institute Of Rochester a legitimate charity?
Aquinas Institute Of Rochester (EIN: 160743904) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $10.6M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Aquinas Institute Of Rochester spend its money?
Aquinas Institute Of Rochester directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aquinas Institute Of Rochester tax-deductible?
Aquinas Institute Of Rochester is registered as a tax-exempt nonprofit (EIN: 160743904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aquinas Institute Of Rochester CEO make?
Aquinas Institute Of Rochester's highest-compensated officer earns $10 annually. The organization reported $10.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aquinas Institute Of Rochester's spending goes to programs?
Aquinas Institute Of Rochester directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aquinas Institute Of Rochester compare to similar nonprofits?
With a transparency score of 65/100 (Good), Aquinas Institute Of Rochester is above average for NTEE category B250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aquinas Institute Of Rochester located?
Aquinas Institute Of Rochester is headquartered in Rochester, New York and files with the IRS under EIN 160743904. It is classified under NTEE code B250.
How many years of IRS 990 filings does Aquinas Institute Of Rochester have?
Aquinas Institute Of Rochester has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.6M in total revenue.
Is Aquinas Institute Of Rochester financially sustainable given its consistent operational deficits?
The organization has consistently spent more than it earned, with expenses exceeding revenue in every reported period. This has led to a significant decline in assets from $12.2 million in 2015 to $5.4 million in 2024, raising concerns about long-term financial sustainability.
How does Aquinas Institute Of Rochester cover its operational deficits?
The consistent deficits suggest the organization is either drawing down its assets, utilizing endowment funds, or relying on other non-revenue income sources not detailed in the provided summary to cover the gap between expenses and revenue.
What is the reason for 0% officer compensation for an organization with over $10 million in revenue?
The reported 0% officer compensation is highly unusual for an organization of this scale. It could indicate that officers are compensated through a related entity, are volunteers, or that the compensation is reported under a different category not captured in the 'Officer Comp' metric.
Filing History
IRS 990 filing history for Aquinas Institute Of Rochester showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Aquinas Institute Of Rochester's revenue has grown by 18.7%, moving from $8.9M to $10.5M. Total assets decreased by 69.9% over the same period, from $18.1M to $5.4M. Total functional expenses rose by 7%, from $10.6M to $11.3M. In its most recent filing year (2024), Aquinas Institute Of Rochester reported a deficit of $770K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $5.4M in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10.5M | $11.3M | $5.4M | $2.9M | — | View 990 |
| 2023 | $9.8M | $10.9M | $6.3M | $3.0M | — | View 990 |
| 2022 | $9.8M | $10.4M | $6.7M | $2.6M | — | View 990 |
| 2021 | $12.0M | $10.9M | $7.6M | $3.0M | — | View 990 |
| 2020 | $9.2M | $10.3M | $8.3M | $4.8M | — | View 990 |
| 2019 | $9.0M | $10.3M | $9.2M | $4.6M | — | View 990 |
| 2018 | $8.8M | $10.6M | $9.6M | $3.6M | — | View 990 |
| 2017 | $9.4M | $10.7M | $9.5M | $1.7M | — | View 990 |
| 2016 | $9.4M | $10.7M | $10.7M | $1.4M | — | View 990 |
| 2015 | $8.9M | $10.3M | $12.2M | $1.7M | — | View 990 |
| 2014 | $8.7M | $10.2M | $13.7M | $1.9M | — | View 990 |
| 2013 | $8.6M | $10.0M | $15.0M | $1.7M | — | View 990 |
| 2012 | $8.4M | $10.1M | $16.6M | $2.0M | — | View 990 |
| 2011 | $8.9M | $10.6M | $18.1M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.5M, expenses of $11.3M, and assets of $5.4M (revenue +7.6% year-over-year).
- 2023: Revenue of $9.8M, expenses of $10.9M, and assets of $6.3M (revenue -0.2% year-over-year).
- 2022: Revenue of $9.8M, expenses of $10.4M, and assets of $6.7M (revenue -18.2% year-over-year).
- 2021: Revenue of $12.0M, expenses of $10.9M, and assets of $7.6M (revenue +30.6% year-over-year).
- 2020: Revenue of $9.2M, expenses of $10.3M, and assets of $8.3M (revenue +2.7% year-over-year).
- 2019: Revenue of $9.0M, expenses of $10.3M, and assets of $9.2M (revenue +2.1% year-over-year).
- 2018: Revenue of $8.8M, expenses of $10.6M, and assets of $9.6M (revenue -6.5% year-over-year).
- 2017: Revenue of $9.4M, expenses of $10.7M, and assets of $9.5M (revenue -0.7% year-over-year).
- 2016: Revenue of $9.4M, expenses of $10.7M, and assets of $10.7M (revenue +6.7% year-over-year).
- 2015: Revenue of $8.9M, expenses of $10.3M, and assets of $12.2M (revenue +2.3% year-over-year).
- 2014: Revenue of $8.7M, expenses of $10.2M, and assets of $13.7M (revenue +0.9% year-over-year).
- 2013: Revenue of $8.6M, expenses of $10.0M, and assets of $15.0M (revenue +1.8% year-over-year).
- 2012: Revenue of $8.4M, expenses of $10.1M, and assets of $16.6M (revenue -5.1% year-over-year).
- 2011: Revenue of $8.9M, expenses of $10.6M, and assets of $18.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aquinas Institute Of Rochester:
Data Sources and Methodology
This transparency report for Aquinas Institute Of Rochester is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.