Civic Intelligence

Thetford Academy Inc

990 • Fiscal year 2018 • EIN 03-0183822

Jul 01, 2017 to Jun 30, 2018 • Filed on May 22, 2019

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

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.97x

Higher debt load relative to revenue than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

21st percentile

-5.6%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$185,311

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

27th percentile

-3.2%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-1.5%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$17,364,422

Down $567,511 (-3.2%) from 2017

Net Assets

Down

$10,082,948

Down $54,803 (-0.5%) from 2017

Liabilities

Down

$7,281,474

Down $512,708 (-6.6%) from 2017

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin21st percentile

Revenue

Down

$7,468,692

Down $111,890 (-1.5%) from 2017

Expenses

Up

$7,887,822

Up $235,949 (+3.1%) from 2017

Net Income

Down

-$419,130

Down $347,839 (-488%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th 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

2018

Assets$17,364,422
Liabilities$7,281,474
Net Assets$10,082,948
Open 2018 Filing

Operations Trend

Revenue Growth32nd 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

2018

Revenue$7,468,692
Expenses$7,887,822
Net Income-$419,130
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 22, 2019
Return Version
2017v2.3
Gross Receipts
$7,480,240
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 318 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$12,392,659$12,019,710▼ $372,949
Investments in Publicly Traded Securities$4,068,219$4,282,682▲ $214,463
Cash and Non-Interest-Bearing Accounts$1,046,885$796,366▼ $250,519
Accounts Receivable$274,732$234,271▼ $40,461
Prepaid Expenses and Deferred Charges$20,737$19,382▼ $1,355
Inventories for Sale or Use$6,980$12,011▲ $5,031
Total Assets$17,810,212$17,364,422▼ $445,790
Liabilities
Tax Exempt Bond Liabilities$4,784,440$4,584,081▼ $200,359
Mortgage Notes Payable Secured by Investment Property$2,104,818$2,012,073▼ $92,745
Accounts Payable and Accrued Expenses$409,813$418,056▲ $8,243
Deferred Revenue$373,390$267,264▼ $106,126
Total Liabilities$7,672,461$7,281,474▼ $390,987
Net Assets / Fund Balance
Unrestricted Net Assets$8,036,876$7,797,172▼ $239,704
Temporarily Rstr Net Assets$1,375,332$1,560,233▲ $184,901
Permanently Rstr Net Assets$725,543$725,543→ $0
Total Net Assets Fund Balance$10,137,751$10,082,948▼ $54,803
Total Liabilities and Net Assets / Fund Balance$17,810,212$17,364,422▼ $445,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,155,261$4,355,378$13,510,639
Land$2,727,952-$2,727,952
Equipment$136,497$459,846$596,343

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,119,471$11,391▲ $254,024$47,677$4,337,209
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
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William BuggHead of SchoolFT$125,794$59,517$185,311

Board Members and Trustees

NameTitle
Cameron CudheaPresident
Kate HesserVice President
Andy WelchTrustee
Ann BumpusTrustee
Ben WilliamsTrustee
Carrie WellsTrustee
Donna SteinbergTrustee
Giovanni BoscoTrustee
Jim WilsonTrustee
Jonathan StablefordTrustee
Peter BoydTrustee
Robert ChristensenTrustee
Susan WeiderTrustee
Therese LinehanTrustee
Zoe Hack KellerTrustee
Lindsey KlecanClerk
Karl FurstenbergLyme Representative
Hilary LinehanStrafford Representative
Shannon DarrahThetford Representative
Suzanna LiepmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$332,311
Program Service Revenue
$7,065,142
Investment Income
$71,239
Other Revenue
$0
All Other Contributions
$332,311
Change in Net Assets
$-419,130

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,468,692
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$364,327
Total Revenue per Audited Statements
$7,833,019
Total Revenue per Form 990
$7,468,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,381,192
Other Expenses$2,471,930
Total Fundraising Expense$192,622
Grants and Similar Amounts Paid$34,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,356,538$203,977$86,294$3,646,809
Other Employee Benefits$1,139,770$111,384$33,621$1,284,775
All Other Expenses$527,181$72,257$11,439$610,877
Depreciation Depletion$505,951--$505,951
Payroll Taxes$269,237$20,325$8,275$297,837
Interest$220,910--$220,910
Travel$206,782-$434$207,216
Current Officers, Directors, Trustees, and Key Employees$60,709$60,708$30,354$151,771
Other Expenses$141,650$20,861$1,628$141,650
Insurance$40,814--$40,814
Grants to Domestic Individuals$34,700--$34,700
Advertising$7,629$987$1,844$10,460
Office Expenses$2,189-$3,283$5,472
Information Technology$1,455-$2,182$3,637
Total Functional Expenses$7,132,990$562,210$192,622$7,887,822

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,887,822
Total Expenses per Audited Statements$7,887,822
Total Expenses per Form 990$7,887,822
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
2019-05-22
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
133
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

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”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“ROUNDING”

Raw XML AppendixShowing 400 of 653 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 318 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. 67 STUDENTS GRADUATED FROM THETFORD ACADEMY IN JUNE OF 2018.THE 2017/2018 SCHOOL YEAR WAS THE THIRD YEAR OF OPERATION OF THE GRANT FUNDED THETFORD OUTDOOR PROGRAM. DURING THE SCHOOL YEAR, 2017-2018 STUDENTS PARTICIPATED IN FIVE CLASSES IN THIS SUBJECT AREA AND CONSTRUCTED A YURT TO SERVE AS THEIR OUTDOOR CLASSROOM.DURING THE 2017/2018 SCHOOL YEAR, THETFORD ACADEMY INTRODUCED FIVE NEW COURSES, GIVING STUDENTS THE OPPORTUNITIES TO STUDY ECONOMICS, DEBATE, COACHING & OFFICIATING, ENVIRONMENTAL STUDIES AND CIVIL RIGHTS. THETFORD ACADEMY ALSO INTRODUCED A PARTNERSHIP WITH FUJIFILM DIMATIX AND HYPERTHERM TO INTRODUCE A HIGH-TECH MANUFACTURING AND ENGINEERING PROGRAM FOR HIGH-SCHOOL SENIORS.
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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/ReportableCompFromOrgAmt20125794
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/OtherAmt01202
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt034700
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt034700
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt034700
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt012750
IRS990/GrossReceiptsAmt07480240
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02182
IRS990/InformationTechnologyGrp/ProgramServicesAmt01455
IRS990/InformationTechnologyGrp/TotalAmt03637
IRS990/InsuranceGrp/ProgramServicesAmt040814
IRS990/InsuranceGrp/TotalAmt040814
IRS990/InterestGrp/ProgramServicesAmt0220910
IRS990/InterestGrp/TotalAmt0220910
IRS990/InventoriesForSaleOrUseGrp/BOYAmt06980
IRS990/InventoriesForSaleOrUseGrp/EOYAmt012011
IRS990/InvestmentIncomeGrp/ExclusionAmt070037
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070037
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04068219
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04282682
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04815224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012392659
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012019710
IRS990/LandBldgEquipCostOrOtherBssAmt016834934
IRS990/LegalDomicileStateCd0VT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt011548
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/BOYAmt02104818
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02012073
IRS990/NetAssetsOrFundBalancesBOYAmt010137751
IRS990/NetAssetsOrFundBalancesEOYAmt010082948
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01202
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01202
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0364327
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03283
IRS990/OfficeExpensesGrp/ProgramServicesAmt02189
IRS990/OfficeExpensesGrp/TotalAmt05472
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt033621
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0111384
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01139770
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01284775
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt013268
IRS990/OtherExpensesGrp/FundraisingAmt11628
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt071711
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120861
IRS990/OtherExpensesGrp/ProgramServicesAmt0355706
IRS990/OtherExpensesGrp/ProgramServicesAmt1119796
IRS990/OtherExpensesGrp/ProgramServicesAmt2141973
IRS990/OtherExpensesGrp/ProgramServicesAmt3141650
IRS990/OtherExpensesGrp/TotalAmt0440685
IRS990/OtherExpensesGrp/TotalAmt1142285
IRS990/OtherExpensesGrp/TotalAmt2141973
IRS990/OtherExpensesGrp/TotalAmt3141650
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt086294
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203977
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03356538
IRS990/OtherSalariesAndWagesGrp/TotalAmt03646809
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08275
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020325
IRS990/PayrollTaxesGrp/ProgramServicesAmt0269237
IRS990/PayrollTaxesGrp/TotalAmt0297837
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0725543
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0725543
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020737
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019382
IRS990/PrincipalOfficerNm0CAMERON CUDHEA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06000531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11064611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06000531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11064611
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0276360
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt041948
IRS990/PYInvestmentIncomeAmt082619
IRS990/PYOtherExpensesAmt02497333
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07221603
IRS990/PYRevenuesLessExpensesAmt0-71291
IRS990/PYSalariesCompEmpBnftPaidAmt05112592
IRS990/PYTotalExpensesAmt07651873
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07580582
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-419130
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07065142
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.48980
IRS990ScheduleD/BuildingsGrp/BookValueAmt09155261
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04355378
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013510639
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04119471
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt011391
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04337209
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0254024
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt047677
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03865920
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt020518
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04119471
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0282177
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt049144
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03847438

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,364,422
Liabilities
$7,281,474
Net assets
$10,082,948
Revenue
$7,468,692
Expenses
$7,887,822
Net income
-$419,130
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
2018Detailed filing. Detailed filing data is available for this year.$17.4$7.28$10.1$7.47$7.89$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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