Nonpartisan civic infrastructure
AllCiv·Legis1
·

Trustees of Thornton Academy

Public charity
Other · SACO, ME · EIN 01-0224769

About

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.

Donations are tax-deductible
Category
Other
Employees
282
Volunteers
77

Financial Snapshot

FY ending 2023-06-30
Revenue
$33.1M
Expenses
$30.2M
Assets
$59.4M
Liabilities
$22.8M

Financial history

$33.1M$16.6M$0
17181920212223
RevenueExpenses
Latest FY2023: $33.1M · Avg: $30.5M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$3.1M
TRUSTEES OF THORNTON ACADEMY
Your actions

Address

438 Main ST
SACO, ME, 04072-156

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
Audit committeeNo
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %69.5%
Permanent endowment %9.3%
Endowment held by related orgNo

Fundraising activity (Schedule G)

ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.