The Aquinas Institute Foundation Inc
The Aquinas Institute Foundation Inc maintains strong asset growth and reports no officer compensation.
EIN: 161587879 · Rochester, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $28 |
| Net Assets | $28.2M |
| Transparency Score | 85/100 |
Is The Aquinas Institute Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Aquinas Institute Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Aquinas Institute Foundation Inc
The Aquinas Institute Foundation Inc (EIN: 161587879) is a nonprofit organization based in Rochester, NY, classified under NTEE code B82. The organization reported total revenue of $2.7M and total assets of $28.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Aquinas Institute Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Aquinas Institute Foundation Inc is a mid-size nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$232K |
| Total Assets | $28.3M |
| Total Liabilities | $94K |
| Net Assets | $28.2M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 135.7 months |
Financial Health Grade: A
In 2024, The Aquinas Institute Foundation Inc reported a surplus of $232K with revenue exceeding expenses, holds 135.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Aquinas Institute Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.5% | +0.2% | +2.1% |
| 2023 | -47.5% | +28.9% | +5.6% |
| 2022 | -30.7% | -21.8% | -10.6% |
| 2021 | +163.0% | +1.2% | +33.3% |
| 2020 | -15.3% | +16.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 The Aquinas Institute Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Aquinas Institute Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $232K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The Aquinas Institute Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for a nonprofit, suggesting a strong commitment to directing all funds towards its mission rather than executive salaries, especially given its substantial asset base of over $28 million.
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.
Strengths
The following positive indicators were identified for The Aquinas Institute Foundation Inc:
- Consistent asset growth, reaching $28,292,212 in 2024.
- 0% officer compensation reported across all filings, indicating high efficiency in executive pay.
- Low liabilities relative to assets, suggesting strong financial health.
- Positive net assets in most recent filing ($2,734,302 revenue vs. $2,502,010 expenses in 2024).
Frequently Asked Questions about The Aquinas Institute Foundation Inc
Is The Aquinas Institute Foundation Inc a legitimate charity?
The Aquinas Institute Foundation Inc (EIN: 161587879) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does The Aquinas Institute Foundation Inc spend its money?
The Aquinas Institute Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Aquinas Institute Foundation Inc tax-deductible?
The Aquinas Institute Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161587879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Aquinas Institute Foundation Inc CEO make?
The Aquinas Institute Foundation Inc's highest-compensated officer earns $28 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Aquinas Institute Foundation Inc's spending goes to programs?
The Aquinas Institute Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Aquinas Institute Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Aquinas Institute Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Aquinas Institute Foundation Inc located?
The Aquinas Institute Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 161587879. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Aquinas Institute Foundation Inc have?
The Aquinas Institute Foundation Inc 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 $2.7M in total revenue.
Is The Aquinas Institute Foundation Inc a good charity?
Based on the provided data, The Aquinas Institute Foundation Inc appears to be a financially sound organization with strong asset growth and a notable commitment to not paying officer compensation. This suggests good stewardship of funds. However, a full assessment would benefit from a detailed breakdown of program, administrative, and fundraising expenses.
How has the organization's revenue trended?
The organization's revenue has fluctuated significantly over the past decade, ranging from a low of $1,909,903 in 2015 to a high of $5,549,938 in 2021, and most recently $2,734,302 in 2024. This indicates a varied funding environment.
What is the organization's financial stability?
The Aquinas Institute Foundation Inc demonstrates strong financial stability, with assets consistently growing from $15,764,176 in 2015 to $28,292,212 in 2024. Liabilities have remained very low relative to assets, further indicating a healthy balance sheet.
Filing History
IRS 990 filing history for The Aquinas Institute Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Aquinas Institute Foundation Inc's revenue has declined by 36.1%, moving from $4.3M to $2.7M. Total assets increased by 105.7% over the same period, from $13.8M to $28.3M. Total functional expenses rose by 182.2%, from $887K to $2.5M. In its most recent filing year (2024), The Aquinas Institute Foundation Inc reported a surplus of $232K, with revenue exceeding expenses. The organization holds $94K in liabilities against $28.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $28.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.7M | $2.5M | $28.3M | $94K | — | View 990 |
| 2023 | $2.0M | $2.5M | $27.7M | $76K | — | View 990 |
| 2022 | $3.8M | $1.9M | $26.2M | $89K | — | View 990 |
| 2021 | $5.5M | $2.5M | $29.4M | $101K | — | View 990 |
| 2020 | $2.1M | $2.4M | $22.0M | $114K | — | View 990 |
| 2019 | $2.5M | $2.1M | $22.7M | $0 | — | View 990 |
| 2018 | $3.8M | $1.5M | $21.8M | $0 | — | View 990 |
| 2017 | $3.3M | $1.2M | $19.4M | $0 | — | View 990 |
| 2016 | $2.4M | $932K | $16.1M | $0 | — | View 990 |
| 2015 | $1.9M | $1.0M | $15.8M | $0 | — | View 990 |
| 2014 | $1.0M | $964K | $15.3M | $49K | — | View 990 |
| 2013 | $865K | $936K | $13.9M | $620 | — | View 990 |
| 2012 | $804K | $955K | $13.3M | $8K | — | View 990 |
| 2011 | $4.3M | $887K | $13.8M | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.7M, expenses of $2.5M, and assets of $28.3M (revenue +35.5% year-over-year).
- 2023: Revenue of $2.0M, expenses of $2.5M, and assets of $27.7M (revenue -47.5% year-over-year).
- 2022: Revenue of $3.8M, expenses of $1.9M, and assets of $26.2M (revenue -30.7% year-over-year).
- 2021: Revenue of $5.5M, expenses of $2.5M, and assets of $29.4M (revenue +163.0% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.4M, and assets of $22.0M (revenue -15.3% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $22.7M (revenue -34.7% year-over-year).
- 2018: Revenue of $3.8M, expenses of $1.5M, and assets of $21.8M (revenue +16.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $1.2M, and assets of $19.4M (revenue +35.0% year-over-year).
- 2016: Revenue of $2.4M, expenses of $932K, and assets of $16.1M (revenue +27.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.0M, and assets of $15.8M (revenue +89.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $964K, and assets of $15.3M (revenue +16.3% year-over-year).
- 2013: Revenue of $865K, expenses of $936K, and assets of $13.9M (revenue +7.6% year-over-year).
- 2012: Revenue of $804K, expenses of $955K, and assets of $13.3M (revenue -81.2% year-over-year).
- 2011: Revenue of $4.3M, expenses of $887K, and assets of $13.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Aquinas Institute Foundation Inc:
Data Sources and Methodology
This transparency report for The Aquinas Institute Foundation Inc 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.