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Filing year 2023

TRUSTEES OF THORNTON ACADEMY

Saco, Maine·EIN 01-0224769·NTEE B25Z · Education·501(c)(3)
Total revenue
$33.7M
Total assets
$62.2M
Total expenses
$30.2M
Reported officers
20
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Headmaster
Officer (Unspecified)
$291k
$325k
Base
$278k
Bonus
Other
Benefits
$2k
Associate Ho
Highest Compensated Employee
25th percentile to median
$161k
$179k
Base
$129k
Bonus
Other
Benefits
$26k
Dir. of Enro
Highest Compensated Employee
25th percentile to median
$160k
$179k
Base
$134k
Bonus
Other
Benefits
$26k
Dir. of Tech
Highest Compensated Employee
25th percentile to median
$151k
$169k
Base
$125k
Bonus
Other
Benefits
$26k
CFO
Median to 75th percentile
$150k
$168k
Base
$148k
Bonus
Other
Benefits
$2k
Dir. of Res.
Highest Compensated Employee
10th to 25th percentile
$117k
$130k
Dir. of Athl
Highest Compensated Employee
10th to 25th percentile
$115k
$128k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at TRUSTEES OF THORNTON ACADEMY equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1.0%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 10%
from 2022

From $265k in 2022 to $291k in 2023.

$265k
2022
$291k
2023
In today's dollarsEst.
Up 6% in real terms$306k to $325k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay held roughly steady from 2022 to 2023, while revenue rose 2%.

$161k in 2022 to $161k in 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TRUSTEES OF THORNTON ACADEMY

What does the Highest Compensated Employee of TRUSTEES OF THORNTON ACADEMY earn?

In 2023, the Highest Compensated Employee of TRUSTEES OF THORNTON ACADEMY received $160,645 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at TRUSTEES OF THORNTON ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Highest Compensated Employee at TRUSTEES OF THORNTON ACADEMY falls between the 25th percentile and the median. In 2023, the highest total compensation at TRUSTEES OF THORNTON ACADEMY equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

What are TRUSTEES OF THORNTON ACADEMY's revenue and expenses?

In 2023, TRUSTEES OF THORNTON ACADEMY reported $33.7M in total revenue and $30.2M in total expenses on its IRS Form 990.

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