Trustees Of Thayer Academy

Organization Overview

Trustees Of Thayer Academy, operating under the name Thayer Academy, is located in Braintree, MA. The organization was established in 1933. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Thayer Academy employed 268 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thayer Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Thayer Academy generated $74.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $42.4m during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COLLEGE PREPARATORY EDUCATIONAL INSTITUTION FOR GRADES 5 THROUGH 12.

Describe the Organization's Program Activity:

COLLEGE PREPARATORY EDUCATIONAL INSTITUTION FOR GRADES 5 THROUGH 12. THE ACADEMY HAD 697 STUDENTS ENROLLED THIS YEAR.


SUMMER PROGRAM OFFERED TO ALL STUDENTS TO FURTHER ENHANCE THE SCHOOL'S MISSION ON A BROADER FRONT (IE ARTS, CRAFTS, SPORTS, AND OTHER SPECIALIZED PROGRAMS).


AUXILIARY SERVICES PROVIDED FOR THE CONVENIENCE OF STUDENTS, FACULTY, AND STAFF.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Page Building Construction Corp
Construction
$2,078,821
Eck Macneely Architects Inc
Construction
$402,659
Martin Technical Services
It Services
$349,784
Joseph Ingle Bus Service Inc
Bus Transportation
$336,367
L C Anderson Inc
Hvac Services
$313,391
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$45,262
Related organizations$0
Government grants $3,410,350
All other contributions, gifts, grants, and similar amounts not included above$3,277,271
Noncash contributions included in lines 1a–1f $287,957
Total Revenue from Contributions, Gifts, Grants & Similar$6,732,883
Total Program Service Revenue$36,428,193
Investment income $37,713
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $127,664
Net Gain/Loss on Asset Sales $30,728,563
Net Income from Fundraising Events -$30,194
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$16,051
Miscellaneous Revenue$0
Total Revenue $74,068,471

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Trustees Of Thayer Academy has recieved totaling $334,492.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$156,030
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$126,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,763
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Fiduciary Charitable Foundation

Boston, MA

PURPOSE: DONATIONS

$10,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$5,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$47,400,247
Earnings$12,745,337
Net Contributions$2,069,047
Other Expense$1,100,295
Grants$814,845
Ending Balance$60,299,491

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$66,028,387
Noble And Greenough School
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$55,304,957
Pinkerton Academy
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$52,612,732
Groton School
Groton, MA
$50,710,312
Kent School Corporation
Kent, CT
$52,388,614
Hopkins School Incorporated
New Haven, CT
$44,795,541

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