ST THOMAS EDUCATIONAL FOUNDATION

EIN: 382885682 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
$614,918
Total Expenses
$367,463
Total Assets
$3,421,730
Net Assets
$3,421,730
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
MATT MACZKA
Phone
6164584228
Tax Period
2024-07-01 to 2025-06-30

ST THOMAS EDUCATIONAL FOUNDATION, founded in 1983, is a small nonprofit that reported $615K in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 40% operating margin.

Mission

RAISE, PROTECT AND ADMINISTER FUNDS TO SUPPORT THE EDUCATIONAL, LITERACY, SCIENTIFIC AND SPIRITUAL OBJECTIVES OF SAINT THOMAS THE APOSTLE CATHOLIC SCHOOL AND ITS STUDENTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $389,190
Program Service Revenue $0
Investment Income $225,728
Other Revenue $0
TOTAL REVENUE $614,918

Expense Breakdown

Grants Paid $303,950
Salaries & Benefits $0
Fundraising Expenses $26,449
Program Expenses $339,566
Other Expenses $63,513
TOTAL EXPENSES $367,463

Year-over-Year Comparison

2024 2023 Change
Revenue $614,918 $277,825 +1.2%
Expenses $367,463 $291,210 +0.3%
Net Income $247,455 $-13,385 -19.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT MACZKA PRESIDENT 2
Officer Director
$0 $0 $0
ELIZABETH DEIMEL VICE PRES/TREASURER 2
Officer Director
$0 $0 $0
ELLEN KIERAS SECRETARY 2
Officer Director
$0 $0 $0
JAMES CHELICH TRUSTEE 1
Director
$0 $0 $0
BRIAN HILLARY TRUSTEE 1
Director
$0 $0 $0
JAMIE BOYLE TRUSTEE 1
Director
$0 $0 $0
STEPHEN STROBEL TRUSTEE 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $614,918 $367,463 $3,421,730 $247,455
2024 $277,825 $291,210 $3,163,108 $-13,385
2023 $738,273 $149,367 $2,963,451 $588,906
2022 $425,778 $164,274 $2,331,671 $261,504
2021 $90,120 $98,029 $2,685,271 $-7,909
2020 $97,762 $95,663 $2,186,354 $2,099
2019 $66,100 $71,415 $2,240,507 $-5,315
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