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Thetford Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030183822 ✦ Thetford center, VT ✦ Designated as a 501(c)(3)

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Overview

What is Thetford Academy?

Thetford Academy, established in 1819 by the State of Vermont, is a nonprofit institution located at 304 ACADEMY ROAD, THETFORD CENTER, VT 05075. This independent school serves the educational needs of approximately 305 secondary students hailing from over 10 towns in New Hampshire and Vermont. Thetford Academy is committed to providing each student with a high-quality, individualized education that is engaging, reflective, and adaptive. The school maintains an open admission policy for local residents and seeks to admit a diverse range of students from both nearby communities and abroad. Thetford Academy holds accreditation from the New England Association of Schools and Colleges, and its mission is to celebrate the unique worth of each student, nurture their strengths, and challenge them to reach their full potential within a supportive and structured environment. The school employs a team of 101 individuals to fulfill this mission.


Official website here: www.thetfordacademy.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 92%, Four-Star out of Four Star rating.

Thetford Academy has received an impressive Four-Star rating from Charity Navigator, with a score of 92%. This high rating is primarily driven by its accountability and finance practices, indicating a strong commitment to transparency and effective management of resources. The organization demonstrates excellent financial stewardship, with no noted diversions of assets and a healthy ratio of program expenses.

The board of Thetford Academy is fully independent, which enhances its governance and decision-making processes. The organization has also established solid policies, including conflict of interest and document retention procedures. However, it is worth noting that there is a missing whistleblower policy, which may be an area for improvement in future governance practices.

Overall, Thetford Academy showcases a strong performance in its financial accountability and program efficiency, reflecting positively on its operations and mission fulfillment. While there are areas for enhancement, such as implementing a whistleblower policy, the organization’s strengths significantly contribute to its positive standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Thetford Academy legitimate?

Thetford Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thetford Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $283,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,690,465

For more financial information, click here


Official website here: www.thetfordacademy.org

What is the mission statement of Thetford Academy?

Thetford Academy, an independent school with a public purpose, has a mission that celebrates the unique worth of all its students. The institution aims to nurture their strengths and challenge them to fulfill their potential. Thetford Academy strives to provide each student with a high-quality education that is active and engaging, reflective and thoughtful, varied and adaptive, safe and supportive, structured and coherent, and motivating and inspiring. The school maintains an open admission policy and seeks to admit a diverse range of students from local communities and abroad. Thetford Academy is accredited by the New England Association of Schools and Colleges.


Official website here: www.thetfordacademy.org

Who is the CEO of Thetford Academy?

Donna Steinberg is the President of Thetford Academy.


Official website here: www.thetfordacademy.org

What is the revenue of Thetford Academy?

Thetford Academy's revenue in 2022 was $8,165,490.


Official website here: www.thetfordacademy.org

Who are the executives of Thetford Academy and what are their salaries?

The average compensation at Thetford Academy during 2022 was $39,344. There are 101 employees and 17 volunteers at Thetford Academy.


Here are 19 key members and their salaries:


Donna Steinberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giovanni Bosco (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Klecan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ziegler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Donovan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Grossman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Junker-Boyce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Kinne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mutone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Perry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dan Pomeroy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Ray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Saunders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheilagh Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Furstenberg (Lyme Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Adams (Strafford Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Darrah (Thetford Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Brennan (Head Of School)
  • Compensation: $129,507
  • Related: $0
  • Other: $71,168
Linda Lanteigne Magoon (Chief Financial Officer)
  • Compensation: $102,377
  • Related: $0
  • Other: $14,477


Official website here: www.thetfordacademy.org

Where can I find the form 990 for Thetford Academy?

Thetford Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thetfordacademy.org

Learn more at the official website: www.thetfordacademy.org

Mission Statement of Thetford Academy

Thetford Academy, an independent school with a public purpose, celebrates the unique worth of all its students. The mission of this esteemed institution is to nurture their strengths and challenge them to fulfill their potential. By providing an individualized high-quality education that is active, engaging, reflective, thoughtful, varied, adaptive, safe, supportive, structured, coherent, motivating, and inspiring, Thetford Academy strives to help each student reach their full potential. The school maintains an open admission policy, welcoming students from various local communities and abroad, and seeks to admit a diverse range of students to create an inclusive learning environment.

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Impact




July, 2024

Thetford Academy's impact lies in its ability to celebrate the unique worth of all students, nurture their strengths, and challenge them to fulfill their potential. By providing individualized high quality education that is active, engaging, reflective, and thoughtful, Thetford Academy prepares its 305 secondary school students from more than 10 towns in New Hampshire and Vermont for success in their academic and personal lives. Holding accreditation from the New England Association of Schools and Colleges, Thetford Academy has been fulfilling this mission since its charter by the state of Vermont in 1819. The school's open admission policy and commitment to admitting a wide range of students from local communities and abroad further extend its impact by fostering diversity and inclusivity within its educational community. Thetford Academy's structured, coherent, motivating, and inspiring approach to education ensures that its students are well-equipped to excel and contribute positively to society.




This information is meant to be a general summary of Thetford Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,165,490 (2022)
Expenses
$8,366,478 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $109,299
  • Program Service Revenue: $7,232,547
  • Gross Receipts: $9,435,809

Assets and Liabilities:

  • Total Assets: $17,230,731
  • Total Liabilities: $5,979,466
  • Net Assets: $11,251,265

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$6,198,912

PROGRAM SUPPORT

Revenue

$1,033,635

Organization Details

Founding Year

1819

Principal Officer

Donna Steinberg

Main Address

304 ACADEMY ROAD, THETFORD CENTER, VT, 05075

NTEE Category

Code: B240 - Education

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