Public Charity

TRUSTEES OF THORNTON ACADEMY

TRUSTEES OF THORNTON ACADEMY is a Public Charity headquartered in SACO, ME. Financial data from the 2024 filing: $33.7M revenue, $30.2M expenses, $62.2M total assets. 23 publicly reported grants to this organization, totaling roughly $624K, appear in IRS filings.

EIN: 010224769 SACO, ME Latest filing: 2024
Total Revenue$33.7M
Total Expenses$30.2M
Total Assets$62.2M
Grant Records23
Funding Total$624K
Filing Years2020–2024

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.

Sample Grants Received

2024
For grant recipient's exempt purposes
$82,500
$14,521
2023
For grant recipient's exempt purposes
$66,250
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$22,000
$8,533

Showing up to 5 of 23 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 Paradis

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$448,000 9 grants
GENERAL SUPPORT
$73,745 6 grants
Funding to renovate the existing Linnell Gymnasium and add a 40,000 square foot field house.
$35,000 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$35,000 2 grants
FREE LUNCH PROGRAM SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $32.0M $31.0M $56.0M

Between 2020 and 2024, reported annual revenue grew from $32.0M to $33.7M (+5%), with total assets most recently reported at $62.2M.

Interactive year-over-year charts and full filing details available with membership.

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