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. 24 publicly reported grants to this organization, totaling roughly $654K, 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 Records24
Funding Total$654K
Filing Years2021–2025

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
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$30,000
$14,521
2023
For grant recipient's exempt purposes
$66,250
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$22,000

Showing up to 5 of 24 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

For grant recipient's exempt purposes
$448,000 9 grants
GENERAL SUPPORT
$73,745 6 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$65,000 3 grants
Funding to renovate the existing Linnell Gymnasium and add a 40,000 square foot field house.
$35,000 1 grant
FREE LUNCH PROGRAM SUPPORT
$10,000 1 grant

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.

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