Thomas More University Inc
78% goes to programs $7 to raise $100 Strong reserves Growing revenue
Thomas More University Inc is a 501(c)(3) organization based in Crestview Hls, Kentucky, registered in 1946, with $83,169,756 in FY2024 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
333 Thomas More Pkwy, Crestview Hls, KY, 41017 EIN 61-0448560 Since 1946
Revenue (FY2024)
$83.2M
▲ 44.3% vs prior year
Education median: $200K
Expenses (FY2024)
$67.8M
Net assets
$69.5M
Employees
797
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating78% to programs · $7 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Thomas More University Inc: 78% to programs · $7 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thomas More University Inc: 12 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Thomas More University Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thomas More University Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To develop and sustain challenging undergraduate, graduate, and professional programs of study, marked by superior teaching and scholarship within the catholic intellectual tradition.
Contact & location
- Address
- 333 Thomas More Pkwy, Crestview Hls, KY, 41017
- City
- Crestview Hls
- State
- Kentucky
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $34.4M (FY2013) to $83.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $57.4MNet assets $69.5M
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$126.8M
Total liabilities
$57.4M
Net assets
$69.5M
Salaries & benefits
$18.9M
28% of expenses
Board members
23
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $83,169,756▲44.3% | $67,782,531▲8.4% | $69,467,815▲21.9% | $126,843,899▲16.4% | 990 |
| 2023 | $57,634,303▼12.1% | $62,540,787▲4.0% | $56,984,800▼6.5% | $108,985,905▲19.4% | 990 |
| 2022 | $65,550,782▼0.6% | $60,137,500▲0.8% | $60,944,869▲6.3% | $91,289,263▲18.6% | 990 |
| 2021 | $65,917,717▲2.8% | $59,641,385▲10.3% | $57,337,041▲2.8% | $76,960,441▲4.2% | 990 |
| 2020 | $64,139,475▲18.5% | $54,079,708▲0.2% | $55,764,130▲38.0% | $73,892,801▲19.7% | 990 |
| 2019 | $54,134,088▼0.9% | $53,987,323▲2.5% | $40,409,835▲6.1% | $61,728,256▲3.9% | 990 |
| 2018 | $54,624,164▲3.3% | $52,661,072▲12.8% | $38,098,257▲3.4% | $59,384,028▲1.5% | 990 |
| 2017 | $52,891,689▲12.8% | $46,674,220▲3.5% | $36,843,399▲19.4% | $58,506,524▲27.9% | 990 |
| 2016 | $46,891,522▲16.0% | $45,084,134▲8.1% | $30,862,317▲11.4% | $45,734,519▲4.6% | 990 |
| 2015 | $40,423,631▼11.0% | $41,695,239▲6.1% | $27,706,471▼6.4% | $43,737,648▼2.2% | 990 |
| 2014 | $45,430,893▲32.0% | $39,282,336▲8.3% | $29,589,310▲16.5% | $44,710,803▲10.1% | 990 |
| 2013 | $34,406,898 | $36,266,438▲2.0% | $25,396,586▼3.4% | $40,606,936▲1.5% | 990 |
| 2012 | — | $35,539,075▲3.1% | $26,283,136▲5.4% | $39,991,598▲3.4% | 990 |
| 2011 | — | $34,466,823▼0.4% | $24,932,848▼3.9% | $38,665,353▼3.0% | 990 |
| 2010 | — | $34,617,743▲4.6% | $25,951,596▲19.4% | $39,881,179▲8.6% | 990 |
| 2009 | — | $33,101,552 | $21,737,139 | $36,721,335 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Joseph L Chillo — $508,170 (0.75% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Joseph L Chillo | President | 37.5 | $508,170 |
| Dr Kevin Reynolds | Vp Institutional Advanceme | 37.5 | $175,192 |
| Dr Jerome Langguth | Vp & Chief Academic Office | 37.5 | $128,698 |
| Dr Kelly French | Vp Strategy & Impact | 37.5 | $118,394 |
| Dr Bruce Rosenthal | Dean College of Business | 37.5 | $105,812 |
| Dr Kim Haverkos | Asst. Vp For Academic & Student Success | 37.5 | $103,777 |
| Richard S Rollino | Executive Vp & Cfo (began 7/15/24) | 37.5 | $72,788 |
| Charlene Barlow | Secretary/assist To President (left 08/19/25) | 37.5 | $56,613 |
| Andrew Schaeffer | Trustee | 0.5 | — |
| Daniel E Tobergte | Trustee | 0.5 | — |
| Dr Donald Saelinger | Trustee | 0.5 | — |
| Dr James Horn | Trustee | 0.5 | — |
| Dr Judith A Marlowe | Chairperson | 3 | — |
| Dr Laura Koehl | Trustee | 0.5 | — |
| Dr Rachel Lehmkuhl | Trustee | 0.5 | — |
| Dr Yvan Demosthenes | Trustee | 0.5 | — |
| Frank Fritsch | Trustee | 0.5 | — |
| Gary Blank | Trustee | 0.5 | — |
| Joan M Robinson | Trustee | 0.5 | — |
| John Banchy | Trustee | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Turner Construction Company | Building/construction | $6,186,959 |
| Aramark Corporation | Food Services | $3,131,388 |
| United Healthcare | Health Insurance | $2,067,873 |
| National Management Resources Corp | Maintenance Services | $1,523,296 |
| Jenzabar Inc | It Service/software | $1,028,296 |
Grants received · $13.8M total
53 grants to Thomas More University Inc totaling $13.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Elizabeth Medical Center Inc | Program support | 2024 | $1,038,141 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $9,220 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $9,220 |
| St Elizabeth Medical Center Inc | Program support | 2023 | $1,703,063 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $298,442 |
| Donor Advised Charitable Giving | Religion related | 2023 | $32,100 |
| American Online Giving Foundation Inc | General support | 2023 | $11,567 |
| Greater Cincinnati Foundation | Programatic support | 2023 | $9,070 |
| Charities Aid Foundation America | Charitable donation | 2023 | $8,552 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $699,850 |
| Donor Advised Charitable Giving | Education | 2022 | $106,971 |
| St Elizabeth Medical Center Inc | Program support | 2022 | $60,000 |
| National Philanthropic Tr | Education | 2022 | $25,000 |
| American Online Giving Foundation Inc | General support | 2022 | $22,568 |
| Greater Cincinnati Foundation | General purpose | 2022 | $14,280 |
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Compare Thomas More University Inc
Frequently asked questions
- Is Thomas More University Inc a legitimate nonprofit?
- Yes. Thomas More University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-0448560, based in Crestview Hls, Kentucky. Donations are tax-deductible.
- What is Thomas More University Inc's EIN?
- Thomas More University Inc's Employer Identification Number (EIN) is 61-0448560.
- How much revenue does Thomas More University Inc report?
- Thomas More University Inc reported $83,169,756 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Thomas More University Inc's spending goes to programs?
- Thomas More University Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Thomas More University Inc have?
- CharityIndex grades Thomas More University Inc A, based on program efficiency and fundraising cost.
- How much does Thomas More University Inc's highest-paid employee make?
- The highest reported compensation on Thomas More University Inc's latest Form 990 is $508,170, paid to Dr Joseph L Chillo (President).
More nonprofits in Crestview Hls
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Data for Thomas More University Inc (EIN 61-0448560) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.