Civic Intelligence

Thornton Academy Athletic Boosters

990EZ • Fiscal year 2022 • EIN 47-1448090

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 08, 2023

Organization ProfileWWW.THORNTONACADEMY.ORG
438 Main StreetSaco, ME 04072

(207) 710-6200

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.01x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

33%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

94th percentile

164%

Faster asset growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$7,098

Up $4,412 (+164%) from 2021

Net Assets

Up

$6,941

Up $4,412 (+174%) from 2021

Liabilities

Flat

$157

Flat from 2021

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin81st percentile

Revenue

Up

$13,213

Up $13,240 (+49037%) from 2021

Expenses

Down

$8,800

Down $1,494 (-15%) from 2021

Net Income

Up

$4,413

Up $14,734 (+143%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$60K$40K$20K$0Assets 2016: $49,552Net Assets 2016: $49,5522016Assets 2017: $29,065Liabilities 2017: $68Net Assets 2017: $28,9972017Assets 2018: $20,699Liabilities 2018: $179Net Assets 2018: $20,5202018Assets 2019: $22,811Liabilities 2019: $174Net Assets 2019: $22,6372019Assets 2020: $13,008Liabilities 2020: $157Net Assets 2020: $12,8512020Assets 2021: $2,686Liabilities 2021: $157Net Assets 2021: $2,5292021Assets 2022: $7,098Liabilities 2022: $157Net Assets 2022: $6,9412022Assets 2023: $15,677Net Assets 2023: $15,6772023

Highlighted filing

2022

Assets$7,098
Liabilities$157
Net Assets$6,941
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20K-$40KRevenue 2016: $34,274Expenses 2016: $16,376Net Income 2016: $17,8982016Revenue 2017: $31,159Expenses 2017: $51,714Net Income 2017: -$20,5552017Revenue 2018: $37,064Expenses 2018: $45,544Net Income 2018: -$8,4802018Revenue 2019: $45,170Expenses 2019: $43,052Net Income 2019: $2,1182019Revenue 2020: $28,345Expenses 2020: $38,134Net Income 2020: -$9,7892020Revenue 2021: -$27Expenses 2021: $10,294Net Income 2021: -$10,3212021Revenue 2022: $13,213Expenses 2022: $8,800Net Income 2022: $4,4132022Revenue 2023: $15,594Expenses 2023: $6,858Net Income 2023: $8,7362023

Highlighted filing

2022

Revenue$13,213
Expenses$8,800
Net Income$4,413
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 8, 2023
Return Version
2021v4.0
Gross Receipts
$22,835
Mission and Program Overview

Mission

To provide financial support to thornton academy athletic programs to assist both coaches and the athletic department.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL SUPPORT TO THORNTON ACADEMY ATHLETIC PROGRAMS TO ASSIST BOTH COACHES AND THE ATHLETIC DEPARTMENT.-$8,800
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LONNIE MICHAUDPresident-$0--
JESSICA BLANCHETTEVice Preside-$0--
NOELLE KNOXSecretary-$0--
JESSIE HOWARDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Thornton Academy Athletic Boosters
EIN
47-1448090
Phone
2077106200
Address
438 MAIN STREET, SACO, ME 04072

Signing Officer

Name
Lonnie Michaud
Title
President
Phone
2074090672
Signed
2023-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Hobson & Company LLC
Address
PO BOX 70, SACO, ME 04072-0070
Preparer
Adam C Hobson CPA
Phone
2072830023
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“AMAZON SMILE 62 TOTAL 62”

Form 990-ez, Part I, Line 16

“Expenses 50/50 expense 1,014 booster's scholarship 1,000 gifts to athletic program 5,000 membership fee 24 event staffing expense 750 non-investment depreciation 712 total 8,500”

Form 990-ez, Part II, Line 24

“Oven 5,199 5,199 less accumulated depreciation 3,919 4,630 total 1,280 569”

Form 990-ez, Part II, Line 26

“Gift card outstanding 157 157”

Form 990-ez, Part III

“To provide financial support to thornton academy athletic programs to assist both coaches and the athletic department.”

Raw XML Appendix165 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt01280
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0569
IRS990EZ/OtherExpensesTotalAmt08500
IRS990EZ/OtherRevenueTotalAmt062
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL SUPPORT TO THORNTON ACADEMY ATHLETIC PROGRAMS TO ASSIST BOTH COACHES AND THE ATHLETIC DEPARTMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FINANCIAL SUPPORT TO THORNTON ACADEMY ATHLETIC PROGRAMS TO ASSIST BOTH COACHES AND THE ATHLETIC DEPARTMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08800
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.THORNTONACADEMY.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt057
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMAZON SMILE 62 TOTAL 62
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES 50/50 EXPENSE 1,014 BOOSTER'S SCHOLARSHIP 1,000 GIFTS TO ATHLETIC PROGRAM 5,000 MEMBERSHIP FEE 24 EVENT STAFFING EXPENSE 750 NON-INVESTMENT DEPRECIATION 712 TOTAL 8,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OVEN 5,199 5,199 LESS ACCUMULATED DEPRECIATION 3,919 4,630 TOTAL 1,280 569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GIFT CARD OUTSTANDING 157 157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE FINANCIAL SUPPORT TO THORNTON ACADEMY ATHLETIC PROGRAMS TO ASSIST BOTH COACHES AND THE ATHLETIC DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-03-07 01:45:13Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LONNIE MICHAUD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02074090672
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ReturnHeader/Filer/EIN0471448090
ReturnHeader/Filer/PhoneNum02077106200
ReturnHeader/Filer/USAddress/AddressLine1Txt0438 MAIN STREET
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004072
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOBSON & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 70
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
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ReturnHeader/PreparerPersonGrp/PhoneNum02072830023
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM C HOBSON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-02-17T15:45:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LONNIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MICHAUD
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,098
Liabilities
$157
Net assets
$6,941
Revenue
$13,213
Expenses
$8,800
Net income
$4,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$15.7$15.7$15.6$6.86$8.74
2022Detailed filing. Detailed filing data is available for this year.$7.10$0.16$6.94$13.2$8.80$4.41
2021Detailed filing. Detailed filing data is available for this year.$2.69$0.16$2.53$0.03$10.3$10.3
2020Detailed filing. Detailed filing data is available for this year.$13.0$0.16$12.9$28.3$38.1$9.79
2019Detailed filing. Detailed filing data is available for this year.$22.8$0.17$22.6$45.2$43.1$2.12
2018Detailed filing. Detailed filing data is available for this year.$20.7$0.18$20.5$37.1$45.5$8.48
2017Detailed filing. Detailed filing data is available for this year.$29.1$0.07$29.0$31.2$51.7$20.6
2016Detailed filing. Detailed filing data is available for this year.$49.6$49.6$34.3$16.4$17.9