Trustees of Thornton Academy
Saco, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $33,117,795↑7% | $30,229,155 | $59,395,279↑5% | |
| 2022 | $31,056,613↓11% | $30,165,151↑5% | $56,389,657↓3% | — |
| 2021 | $34,768,961↑8% | $28,617,390↓8% | $58,151,503↑4% | — |
| 2020 | $32,047,257↓2% | $30,953,446↓1% | $56,022,886↑4% | — |
| 2019 | $32,599,269↑11% | $31,168,731↑19% | $54,043,806↓2% | — |
| 2018 | $29,283,113↑11% | $26,162,212↑7% | $55,169,285↑5% | — |
| 2017 | $26,438,723↑14% | $24,341,745↑6% | $52,353,235↑21% | — |
| 2016 | $23,120,194↓1% | $23,015,314↑6% | $43,416,492↑8% | — |
| 2015 | $23,262,372↑9% | $21,753,010↑6% | $40,359,644↑4% | — |
| 2014 | $21,399,900↑7% | $20,483,615↑8% | $38,964,224↑15% | — |
| 2013 | $20,037,443↑7% | $19,020,759↑2% | $33,975,072↑2% | — |
| 2012 | $18,701,667 | $18,712,363 | $33,349,509 | — |
Frequently Asked Questions
What does Trustees of Thornton Academy do?▼
Trustees of Thornton Academy is a education nonprofit organization based in Maine. It is classified under NTEE code B25Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Trustees of Thornton Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Trustees of Thornton Academy has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Trustees of Thornton Academy generate?▼
Trustees of Thornton Academy reports $33.7M in annual revenue and holds $62.2M in total assets, based on IRS filings.