Merrimack, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Thomas More College of Liberal Arts Inc, founded in 1978, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $5.8M left a modest 3% surplus.
The Thomas More College of Liberal Arts was founded to provide a solid education in the liberal arts, a Catholic education for students of all faiths, united in the quest for what is true, good, and beautiful. It pursues this mission by seeking wisdom and sharing it joyfully with the world.
A Catholic not-for-profit college offering an undergraduate liberal arts degree. The College has one location in Merrimack, NH which consists of 5 buildings and sits on approximately 14 acres. It is...
A Catholic not-for-profit college offering an undergraduate liberal arts degree. The College has one location in Merrimack, NH which consists of 5 buildings and sits on approximately 14 acres. It is fully accredited by the New England Commission of Higher Education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,988,598 | $5,141,359 | +0.2% |
| Expenses | $5,789,115 | $5,211,264 | +0.1% |
| Net Income | $199,483 | $-69,905 | -3.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr William E Fahey | President | 40.00 |
Officer
Director
|
$186,758 | $33,211 | $219,969 |
| T Patrick Monaghan | Chairman Emeritus | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael C Gilleran | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hon Scott J Bloch | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sean Kay | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Henry C Luthin | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Castle MD | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Andrew Cernota | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| John Hey | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dennis E Logue | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| William B McCarthy | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles McKinney | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ryan McKenna | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Hon Maureen C Mooney | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Mulski | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Harry C Veryser | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Walter J Thompson | Dean | 40.00 |
Highest
|
$113,703 | $14,253 | $127,956 |
| Paul T Jackson | Executive Vice President | 40.00 |
Highest
|
$109,494 | $4,367 | $113,861 |
| Pamela Bernstein | Director of Business | 40.00 |
Highest
|
$109,219 | $24,194 | $133,413 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $5,988,598 | $5,789,115 | $7,414,400 | $199,483 |
| 2023 | $5,141,359 | $5,211,264 | $6,989,660 | $-69,905 |
| 2022 | $5,235,090 | $4,807,681 | $7,226,691 | $427,409 |
| 2021 | $4,781,626 | $3,993,696 | $7,635,997 | $787,930 |
| 2020 | $5,421,762 | $3,989,132 | $6,602,927 | $1,432,630 |
| 2019 | $4,096,329 | $3,829,851 | $5,205,820 | $266,478 |
Compare The Thomas More College of Liberal Arts Inc with other nonprofits in New Hampshire and across the country.