Mission
THORNTON ACADEMY PREPARES STUDENTS FOR A CHANGING WORLD, CHALLENGING ALL TO LEARN, GROW, INNOVATE AND SUCCEED THROUGH A GRADE 6-12 PRIVATE SCHOOL, INCLUDING BOARDING PROGRAM.
Public Charity
TRUSTEES OF THORNTON ACADEMY
TRUSTEES OF THORNTON ACADEMY is a Public Charity headquartered in SACO, ME. Financial data from the 2025 filing: $35.3M revenue, $31.9M expenses, $64.7M total assets. 27 publicly reported grants to this organization, totaling roughly $678K, appear in IRS filings.
EIN: 010224769
SACO, ME
Secondary & High Schools
NTEE: B25
Latest filing: 2025
Total Revenue$35.3M
Total Expenses$31.9M
Total Assets$64.7M
Grant Records27
Funding Total$678K
Filing Years2021–2025
Where $100 goes at Trustees of Thornton Academy
How Trustees of Thornton Academy divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$95
Programs
the work itself
$4
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $95 for programs
$95
Provided grade 6-12 private school education
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$82,500
FOR RECIPIENT'S EXEMPT PURPOSE
$30,000
GENERAL SUPPORT
$14,521
GENERAL SUPPORT
$14,521
Contribution
$10,000
Showing up to 5 of 27 total records — full history available with membership.
Officers & Directors
TRUSTEE
Angela Bolduc
CFO
Ann Marie Swenson
DIR. OF TECH
Benjamin B Nasse
TRUSTEE
Bernard Gaines
ASSOCIATE HO
Carol Taranko
DIR. OF RES.
Catherine Hartman Paradis
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $35.3M | $31.9M | $64.7M |
| 2024 | $33.7M | $30.2M | $62.2M |
| 2023 | $33.1M | $30.2M | $59.4M |
| 2022 | $31.1M | $30.2M | $56.4M |
| 2021 | $34.8M | $28.6M | $58.2M |
Between 2021 and 2025, reported annual revenue held roughly steady at around $35.3M, with total assets most recently reported at $64.7M.
Interactive year-over-year charts and full filing details available with membership.