Civic Intelligence

Thetford Academy Inc

990 • Fiscal year 2017 • EIN 03-0183822

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 14, 2018

Organization ProfileThetfordacademy.org

View Organization Page

304 Academy RoadThetford, VT 05074

(802) 785-4805

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.43x

Higher debt load relative to assets than 68% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

1.03x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

31st percentile

-0.9%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$174,288

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

31st percentile

-0.0%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

4.9%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$17,931,933

Down $7,294 (-0.0%) from 2016

Net Assets

Up

$10,137,751

Up $326,075 (+3.3%) from 2016

Liabilities

Down

$7,794,182

Down $333,369 (-4.1%) from 2016

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin31st percentile

Revenue

Up

$7,580,582

Up $356,092 (+4.9%) from 2016

Expenses

Up

$7,651,873

Up $515,550 (+7.2%) from 2016

Net Income

Down

-$71,291

Down $159,458 (-181%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $16,453,758Liabilities 2011: $9,476,764Net Assets 2011: $6,976,9942011Assets 2012: $17,499,863Liabilities 2012: $8,894,115Net Assets 2012: $8,605,7482012Assets 2013: $17,427,140Liabilities 2013: $8,512,666Net Assets 2013: $8,914,4742013Assets 2014: $17,579,999Liabilities 2014: $8,236,163Net Assets 2014: $9,343,8362014Assets 2015: $18,078,719Liabilities 2015: $8,410,788Net Assets 2015: $9,667,9312015Assets 2016: $17,939,227Liabilities 2016: $8,127,551Net Assets 2016: $9,811,6762016Assets 2017: $17,931,933Liabilities 2017: $7,794,182Net Assets 2017: $10,137,7512017Assets 2018: $17,364,422Liabilities 2018: $7,281,474Net Assets 2018: $10,082,9482018Assets 2019: $17,041,247Liabilities 2019: $6,794,287Net Assets 2019: $10,246,9602019Assets 2020: $18,272,371Liabilities 2020: $6,531,067Net Assets 2020: $11,741,3042020Assets 2021: $18,598,387Liabilities 2021: $6,407,384Net Assets 2021: $12,191,0032021Assets 2022: $17,230,731Liabilities 2022: $5,979,466Net Assets 2022: $11,251,2652022Assets 2023: $17,287,921Liabilities 2023: $5,513,164Net Assets 2023: $11,774,7572023Assets 2024: $17,450,924Liabilities 2024: $5,366,484Net Assets 2024: $12,084,4402024

Highlighted filing

2017

Assets$17,931,933
Liabilities$7,794,182
Net Assets$10,137,751
Open 2017 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $5,714,2952011Expenses 2012: $6,090,0342012Revenue 2013: $6,274,654Expenses 2013: $6,268,724Net Income 2013: $5,9302013Revenue 2014: $6,491,956Expenses 2014: $6,542,280Net Income 2014: -$50,3242014Revenue 2015: $7,139,288Expenses 2015: $6,918,449Net Income 2015: $220,8392015Revenue 2016: $7,224,490Expenses 2016: $7,136,323Net Income 2016: $88,1672016Revenue 2017: $7,580,582Expenses 2017: $7,651,873Net Income 2017: -$71,2912017Revenue 2018: $7,468,692Expenses 2018: $7,887,822Net Income 2018: -$419,1302018Revenue 2019: $6,910,388Expenses 2019: $7,219,024Net Income 2019: -$308,6362019Revenue 2020: $7,430,940Expenses 2020: $7,167,068Net Income 2020: $263,8722020Revenue 2021: $8,546,180Expenses 2021: $7,767,212Net Income 2021: $778,9682021Revenue 2022: $8,165,490Expenses 2022: $8,366,478Net Income 2022: -$200,9882022Revenue 2023: $9,087,428Expenses 2023: $8,946,466Net Income 2023: $140,9622023Revenue 2024: $9,063,466Expenses 2024: $9,144,745Net Income 2024: -$81,2792024

Highlighted filing

2017

Revenue$7,580,582
Expenses$7,651,873
Net Income-$71,291
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 14, 2018
Return Version
2016v3.0
Gross Receipts
$7,580,582
Mission and Program Overview

Mission

Thetford Academy is an independent school community with a public purpose. Our mission is to celebrate the unique worth of all students, to nurture their strengths and to challenge them to fulfill their potential.

Thetford Academy is an independent school with a public purpose. Our mission is to celebrate the unique worth of all students, to nurture their strengths and to challenge them to fulfill their potential. Thetford Academy serves 325 secondary school students from more than 10 towns in New Hampshire and Vermont and three foreign countries. Thetford Academy holds accreditation from the New England Association of Schools and Colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,849,635$12,392,659▼ $456,976
Investments in Publicly Traded Securities$3,657,721$4,068,219▲ $410,498
Cash and Non-Interest-Bearing Accounts$1,051,532$1,046,885▼ $4,647
Accounts Receivable$216,744$274,732▲ $57,988
Prepaid Expenses and Deferred Charges$15,159$20,737▲ $5,578
Inventories for Sale or Use$20,205$6,980▼ $13,225
Total Assets$17,939,227$17,931,933▼ $7,294
Other Assets Total$128,231$121,721▼ $6,510
Liabilities
Tax Exempt Bond Liabilities$5,091,387$4,891,886▼ $199,501
Mortgage Notes Payable Secured by Investment Property$2,205,192$2,119,093▼ $86,099
Accounts Payable and Accrued Expenses$444,813$409,813▼ $35,000
Deferred Revenue$386,159$373,390▼ $12,769
Total Liabilities$8,127,551$7,794,182▼ $333,369
Net Assets / Fund Balance
Unrestricted Net Assets$7,928,227$8,036,876▲ $108,649
Temporarily Rstr Net Assets$1,159,832$1,375,332▲ $215,500
Permanently Rstr Net Assets$723,617$725,543▲ $1,926
Total Net Assets Fund Balance$9,811,676$10,137,751▲ $326,075
Total Liabilities and Net Assets / Fund Balance$17,939,227$17,931,933▼ $7,294

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,473,747$3,930,417$13,404,164
Land$2,727,952-$2,727,952
Equipment$176,476$396,913$573,389
Other Land Buildings$14,484-$14,484

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$3,865,920$20,518▲ $282,177$49,144$4,119,471
2015$3,847,438$46,776▲ $105,404$133,698$3,865,920
2014$3,534,465$187,560▲ $178,732$53,319$3,847,438
2013$3,099,482$19,869▲ $541,310$126,196$3,534,465
2012$3,082,576$80,195▲ $335,000$398,289$3,099,482
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William BuggHead of SchoolFT$125,979$48,309$174,288

Board Members and Trustees

NameTitle
Cameron CudheaPresident
Kate HesserVice President
Andy WelchTrustee
Ann Bumpustrustee
Carrie WellsTrustee
Giovanni Boscotrustee
Jim WilsonTrustee
Jonathan StablefordTrustee
Peter Boydtrustee
Therese LinehanTrustee
Zoe Hack KellerTrustee
ben williamstrustee
donna steinbergtrustee
robert christensentrustee
susan weidertrustee
lindsey klecanclerk
karl furstenberglyme representative
hilary linehanstrafford representative
Shannon Darrahthetford representative
Suzanna LiepmannTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pierson's Transportation LLCTransportationCenter Road, East Corinth, VT 05040$182,969
Revenue and Support

Revenue Composition

Contributions and Grants
$276,360
Program Service Revenue
$7,221,603
Investment Income
$82,619
Other Revenue
$0
All Other Contributions
$276,360
Change in Net Assets
$-71,291

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,580,582
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$403,933
Total Revenue per Audited Statements
$7,984,515
Total Revenue per Form 990
$7,580,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,112,592
Other Expenses$2,497,333
Total Fundraising Expense$180,336
Grants and Similar Amounts Paid$41,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,244,434$221,729$86,530$3,552,693
Other Employee Benefits$1,048,546$51,221$23,424$1,123,191
All Other Expenses$569,393$77,888$9,045$656,326
Depreciation Depletion$517,842--$517,842
Payroll Taxes$259,980$21,308$8,100$289,388
Interest$214,335--$214,335
Travel$189,172-$725$189,897
Other Expenses$128,684$19,348$2,101$150,133
Current Officers, Directors, Trustees, and Key Employees$58,644$58,644$29,322$146,610
Grants to Domestic Individuals$41,948--$41,948
Insurance$37,300--$37,300
Office Expenses$2,376-$3,564$5,940
Advertising$814$3,153$1,106$5,073
Information Technology$1,345-$2,016$3,361
Pension Plan Contributions$710--$710
Total Functional Expenses$6,953,185$518,352$180,336$7,651,873

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,658,440
Expenses per Audited Statements$7,651,873
Total Expenses per Form 990$7,651,873
Expenses Not Reported on Form 990$6,567
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AVermont Economic Development Authority (VEDA)2009-08-01$6,000,000Finance existing debt and subsidize various renovations

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,000,000--$125,782

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Hilary Linehan is Therese Linehan's sister-in-law.”

Form 990, Part VI, Section B, line 11B

“Reviewed and approved by the Personnel Committee and Resources Committee of the Board of Trustees.”

Form 990, Part VI, Section B, line 12C

“Requires officers and directors to annually disclose potential conflicts. Compliance is monitored by a review by the audit committee.”

Form 990, Part VI, Section B, line 15

“Reviewed and determined by Personnel Committee and Resources Committee for Board of Trustees, and approved by Board of Trustees vote.”

Form 990, Part VI, Section C, line 19

“All governing documents and policies are available to the public through the website at thetfordacademy.org. Financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Thetford Academy
EIN
03-0183822
Phone
8027854805
Address
304 ACADEMY ROAD, THETFORD, VT 05074

Signing Officer

Name
Linda Lanteigne Magoon
Title
Chief Financial Officer
Phone
8027854805
Signed
2018-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cameron Cudhea
Formed
1819
Legal Domicile
Vt
Voting Board Members
20
Independent Board Members
20
Employees
137
Volunteers
100

Preparer

Firm
Tyler Simms & St Sauveur CPAs PC
Address
19 Morgan Drive, Lebanon, NH 03766
Preparer
James N Godfrey CPA
Phone
6036530044
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“rounding -1.”

Financial Statement Notes

Part V, Line 4:

“The board intends the Endowment Fund to be a long term investment whose principal and board designated funds will remain invested and whose income, either in part or in total, will be used, once the Endowment Fund has grown to a reasonable and sufficient size, to supplement the income of the academy.”

Part X, Line 2:

“Accounting Standards Codification Subtopic 740-10, Accounting for Uncertainty in Income Taxes, addresses the accounting uncertainty of income taxes recognized in an enterprise's financial statements and prescribes a threshold of "more-likely-than-not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Subtopic 740-10 also provides guidance on measurement classification, interest and penalties and disclosure. The Academy has determined that the provisions of Subtopic 740-10 do not have a material effect on the Academy's financial statements.”

Part XI, Line 2D - Other Adjustments:

“rounding -1.”

Part XII, Line 2D - Other Adjustments:

“rounding”

Raw XML AppendixShowing 400 of 680 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0Thetford Academy is an independent school with a public purpose. Our mission is to celebrate the unique worth of all students, to nurture their strengths and to challenge them to fulfill their potential. Thetford Academy serves 325 secondary school students from more than 10 towns in New Hampshire and Vermont and three foreign countries. Thetford Academy holds accreditation from the New England Association of Schools and Colleges.
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IRS990/Desc0Thetford Academy was chartered by the State of Vermont in 1819. The Academy continues to strive to provide every student with an individualized high quality education that is active and engaging; reflective and thoughtful; varied and adaptive/ safe and supportive; structured and coherent; motivating and inspiring. Thetford Academy maintains an open admission policy for area residents and seeks to admit a wide range of students from local communities and abroad. 63 students graduated from Thetford Academy in June of 2017.The 2016/2017 school year was the second year of operation of the grant funded Thetford Outdoor Program. During the school year, 2016-2017 students participated in five classes in this subject area. This was also the second year of the cross country ski program, attracting six students to learn the sport of cross country skiing. Building on the success of these programs, a group of Thetford Academy faculty spent the year designing a half-day academic program that met the academic standards in Science and English, while engaging students in the natural environment surrounding Thetford Academy. A Director for the program was hired in the Spring of 2017 and the academic program will launch during the 2017/2018 school year with eleven students enrolled.During the 2016/2017 school year, Thetford Academy introduced five new courses, giving students the opportunities to study Outdoor Leadership, Creative Writing, pre Algebra, Digital Literacy, and Anatomy and Physiology.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Kate Hesser
IRS990/Form990PartVIISectionAGrp/PersonNm1Cameron Cudhea
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm3Jonathan Stableford
IRS990/Form990PartVIISectionAGrp/PersonNm4Giovanni Bosco
IRS990/Form990PartVIISectionAGrp/PersonNm5Ann Bumpus
IRS990/Form990PartVIISectionAGrp/PersonNm6Zoe Hack Keller
IRS990/Form990PartVIISectionAGrp/PersonNm7robert christensen
IRS990/Form990PartVIISectionAGrp/PersonNm8Shannon Darrah
IRS990/Form990PartVIISectionAGrp/PersonNm9Jim Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm10Andy Welch
IRS990/Form990PartVIISectionAGrp/PersonNm11Carrie Wells
IRS990/Form990PartVIISectionAGrp/PersonNm12Therese Linehan
IRS990/Form990PartVIISectionAGrp/PersonNm13hilary linehan
IRS990/Form990PartVIISectionAGrp/PersonNm14donna steinberg
IRS990/Form990PartVIISectionAGrp/PersonNm15Suzanna Liepmann
IRS990/Form990PartVIISectionAGrp/PersonNm16susan weider
IRS990/Form990PartVIISectionAGrp/PersonNm17karl furstenberg
IRS990/Form990PartVIISectionAGrp/PersonNm18lindsey klecan
IRS990/Form990PartVIISectionAGrp/PersonNm19ben williams
IRS990/Form990PartVIISectionAGrp/PersonNm20William Bugg
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20126629
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8thetford representative
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13strafford representative
IRS990/Form990PartVIISectionAGrp/TitleTxt14trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17lyme representative
IRS990/Form990PartVIISectionAGrp/TitleTxt18clerk
IRS990/Form990PartVIISectionAGrp/TitleTxt19trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Head of School
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01819
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01728
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt041948
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt041948
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt041948
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01728
IRS990/GrossReceiptsAmt07580582
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02016
IRS990/InformationTechnologyGrp/ProgramServicesAmt01345
IRS990/InformationTechnologyGrp/TotalAmt03361
IRS990/InsuranceGrp/ProgramServicesAmt037300
IRS990/InsuranceGrp/TotalAmt037300
IRS990/InterestGrp/ProgramServicesAmt0214335
IRS990/InterestGrp/TotalAmt0214335
IRS990/InventoriesForSaleOrUseGrp/BOYAmt020205
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06980
IRS990/InvestmentIncomeGrp/ExclusionAmt080891
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt080891
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03657721
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04068219
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04327330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012849635
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012392659
IRS990/LandBldgEquipCostOrOtherBssAmt016719989
IRS990/LegalDomicileStateCd0VT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Thetford Academy is an independent school community with a public purpose. Our mission is to celebrate the unique worth of all students, to nurture their strengths and to challenge them to fulfill their potential.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02205192
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02119093
IRS990/NetAssetsOrFundBalancesBOYAmt09811676
IRS990/NetAssetsOrFundBalancesEOYAmt010137751
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01728
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01728
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0397367
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03564
IRS990/OfficeExpensesGrp/ProgramServicesAmt02376
IRS990/OfficeExpensesGrp/TotalAmt05940
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0128231
IRS990/OtherAssetsTotalGrp/EOYAmt0121721
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt023424
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt051221
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01048546
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01123191
IRS990/OtherExpensesGrp/Desc0Contract Services
IRS990/OtherExpensesGrp/Desc1Food Service
IRS990/OtherExpensesGrp/Desc2Maintenance
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/FundraisingAmt012245
IRS990/OtherExpensesGrp/FundraisingAmt12158
IRS990/OtherExpensesGrp/FundraisingAmt22101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt065061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119348
IRS990/OtherExpensesGrp/ProgramServicesAmt0320113
IRS990/OtherExpensesGrp/ProgramServicesAmt1160884
IRS990/OtherExpensesGrp/ProgramServicesAmt2156665
IRS990/OtherExpensesGrp/ProgramServicesAmt3128684
IRS990/OtherExpensesGrp/TotalAmt0397419
IRS990/OtherExpensesGrp/TotalAmt1160884
IRS990/OtherExpensesGrp/TotalAmt2158823
IRS990/OtherExpensesGrp/TotalAmt3150133
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt086530
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0221729
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03244434
IRS990/OtherSalariesAndWagesGrp/TotalAmt03552693
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08100
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021308
IRS990/PayrollTaxesGrp/ProgramServicesAmt0259980
IRS990/PayrollTaxesGrp/TotalAmt0289388
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0710
IRS990/PensionPlanContributionsGrp/TotalAmt0710
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0723617
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0725543
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020737
IRS990/PrincipalOfficerNm0Cameron Cudhea
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc1Program Support
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06549363
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1672240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06549363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1672240
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0327579
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt085689
IRS990/PYInvestmentIncomeAmt079506
IRS990/PYOtherExpensesAmt02325106
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06817405
IRS990/PYRevenuesLessExpensesAmt088167
IRS990/PYSalariesCompEmpBnftPaidAmt04725528
IRS990/PYTotalExpensesAmt07136323
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07224490
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-71291
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07221603
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,931,933
Liabilities
$7,794,182
Net assets
$10,137,751
Revenue
$7,580,582
Expenses
$7,651,873
Net income
-$71,291
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.5$5.37$12.1$9.06$9.14$0.08
2023Detailed filing. Detailed filing data is available for this year.$17.3$5.51$11.8$9.09$8.95$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$5.98$11.3$8.17$8.37$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$6.41$12.2$8.55$7.77$0.78
2020Detailed filing. Detailed filing data is available for this year.$18.3$6.53$11.7$7.43$7.17$0.26
2019Detailed filing. Detailed filing data is available for this year.$17.0$6.79$10.2$6.91$7.22$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$7.28$10.1$7.47$7.89$0.42
2017Detailed filing. Detailed filing data is available for this year.$17.9$7.79$10.1$7.58$7.65$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$8.13$9.81$7.22$7.14$0.09
2015Detailed filing. Detailed filing data is available for this year.$18.1$8.41$9.67$7.14$6.92$0.22
2014Detailed filing. Detailed filing data is available for this year.$17.6$8.24$9.34$6.49$6.54$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$8.51$8.91$6.27$6.27$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$8.89$8.61$6.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$9.48$6.98$5.71