2020-05-14T13:04:03-05:00 2019-06-30 010448006 ALBIN RANDALL & BENNETT PO BOX 445 130 MIDDLE STREET PORTLAND ME 041120445 990 2018-07-01 010224769 TRUSTEES OF THORNTON ACADEMY TRUS 2072823361 438 MAIN STREET SACO ME 04072 ERIC PURVIS PRESIDENT 2076024449 2020-05-06 1 JASON C LEBLANC P01212079 2077721981 2020-05-06 69.49.137.50 2020-05-06 20:00:29 ED P 07FEA69FB3858308BE6749B880FE74355EA8BF30 1E9401E949CAF5DEA1B85AD006D9C1C8C76F3308 2018 2021-01-29 14:40:06Z ERIC PURVIS 438 MAIN STREET SACO ME 04072 34751858 0 X THORNTONACADEMY.ORG X 1811 ME 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. 20 20 338 25 0 0 1717290 2012941 26736680 29612178 829143 956173 0 17977 29283113 32599269 0 2134720 0 0 18124517 19579915 0 0 562316 8037695 9454096 26162212 31168731 3120901 1430538 55169285 54043806 30272551 27536810 24896734 26506996 GRADE 6-12 PRIVATE SCHOOL, INCLUDING BOARDING PROGRAM. 0 0 29229720 2134720 30104282 PROVIDED GRADE 6-12 PRIVATE SCHOOL EDUCATION. STUDENTS INCLUDE THOSE FROM SENDING MUNICIPALITIES OF SACO, DAYTON AND ARUNDEL, PRIVATE PAY DAY STUDENTS AND INTERNATIONAL BOARDING STUDENTS. 29229720 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 77 7 1 338 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X ANN MARIE SWENSON 2076024449 438 MAIN STREET SACO ME 04072 CHIANCHETTE EARLE TRUSTEE 2.00 X 0 0 0 DALLAIRE BRIAN TRUSTEE 2.00 X 0 0 0 GAINES BERNARD TRUSTEE 2.00 X 0 0 0 GOWEN ROBERT TRUSTEE 2.00 X 0 0 0 HADIARIS JENNIFER TRUSTEE 2.00 X 0 0 0 HALEY JOYCE TRUSTEE 2.00 X 0 0 0 HEY JEANNE TRUSTEE 2.00 X 0 0 0 JANSON KEN TRUSTEE 2.00 X 0 0 0 JOHNSON BILL TRUSTEE 2.00 X 0 0 0 MILES ROGER TRUSTEE 2.00 X 0 0 0 NELSON JAMES TRUSTEE 2.00 X 0 0 0 O'NEIL MARGARET TRUSTEE 2.00 X 0 0 0 PURVIS KIRK TRUSTEE 2.00 X 0 0 0 REMMES PAUL TRUSTEE 2.00 X 0 0 0 SANTAMORE KATHLEEN TRUSTEE 2.00 X 0 0 0 WILLETT MARK TRUSTEE 2.00 X 0 0 0 PURVIS ERIC PRESIDENT 6.00 X X 0 0 0 FEARON PHIL SECRETARY/TREASURER 6.00 X X 0 0 0 COTSIS VANGEL ASSISTANT TREASURER 6.00 X X 0 0 0 FLAHERTY DENNIS VICE PRESIDENT 6.00 X X 0 0 0 KELLY PAUL CFO (RETIRED 12/31/18) 40.00 X 185036 0 20690 MENARD RENE HEADMASTER 40.00 X 219337 0 10178 SWENSON ANN-MARIE CFO 40.00 X 53378 0 534 RITZO JOHN DEVELOPMENT DIRECTOR 40.00 X 119635 0 20690 SNYDER MARSHA ASSISTANT HEADMASTER 40.00 X 115117 0 30277 692503 0 82369 4 0 1 0 FLIK INDEPENDENT SCHOOLS 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICE PROVIDER 1679991 BENCHMARK CLEANING AND SUPPLY 285 READ ST PORTLAND ME 04103 CLEANING/PROPERTY MAINTENANCE 399529 MECHANICAL SERVICES INC 400 PRESUMPSCOT ST PORTLAND ME 04103 HVAC/MAINTENANCE SERVICES 150453 3 73015 1939926 114073 2012941 TUITION 611600 28474783 28474783 STUDENT MEAL PROGRAM 722514 380150 380150 STUDENT INSURANCE 524298 349150 349150 SUMMER PROGRAMS 611600 217779 217779 MISCELLANEOUS 611600 168212 168212 22104 22104 29612178 464069 464069 2611028 2118924 492104 492104 492104 51642 73015 33665 17977 17977 32599269 30104282 0 482046 2134720 2134720 781263 714475 47332 19456 13463176 12274798 844823 343555 402830 379988 15374 7468 3804987 3589232 145211 70544 1127659 1041736 58695 27228 39911 39911 97057 86621 10436 74949 74949 862716 769949 92767 47401 42675 4726 522800 469917 12190 40693 804095 804095 180013 136744 17245 26024 114990 111954 3036 773451 773451 1723860 1723860 497497 492977 3201 1319 CAMPUS MEAL PROGRAM 1652468 1652468 MAINTENANCE, SUPPLIES, 1271330 1270497 833 TRANSPORTATION 372466 372466 OTHER PROGRAM EXPENSE 251270 231875 19395 167822 155222 11525 1075 31168731 29229720 1376695 562316 0 625 5923294 2598022 738726 685171 414425 1379547 29874 42874 52213480 19456520 33906663 32756960 14007898 16479824 148405 0 0 100783 55169285 54043806 1483966 2887887 0 3408061 20899334 22471434 341528 6317151 0 30272551 27536810 X 19722471 20233818 5174263 4488617 0 1784561 24896734 26506996 55169285 54043806 1430538 179724 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11085325 1679560 4502430 194422 17072893 10574632 54615 843455 319654 67723 11085325 10205360 54798 1248138 875322 58342 10574632 10530611 10151 266253 550224 51431 10205360 10325284 17238 265816 77727 10530611 0.68540 0.10450 0.21010 0 0 753000 753000 44404899 13681155 30723744 7055581 5775365 1280216 32756960 X 30569324 179724 179724 30389600 74949 2134720 2209669 32599269 28959062 0 28959062 74949 2134720 2209669 31168731 PART X, LINE 2: U.S. GAAP PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ACADEMY HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE SCHOOL RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ACADEMY DOES NOT BELIEVE IT HAS TAKEN A POSITION ON ITS TAX RETURNS WHICH WOULD REQUIRE THE RECOGNITION OF A TAX BENEFIT AND, ACCORDINGLY, NO ADJUSTMENT TO THE FINANCIAL STATEMENTS HAS BEEN MADE. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 2,134,720. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 2,134,720. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING LANGUAGE APPEARS ON ALL STUDENT CONTRACTS AND APPEARS ON THORNTON ACADEMY'S WEBSITE: THORNTON ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, AGE, SEXUAL PREFERENCE, DISABILITY, RELIGION, OR NATIONAL AND ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, FINANCIAL AID PROGRAMS, ATHLETICS, OR OTHER SCHOOL ADMINISTERED PROGRAMS AND ACTIVITIES. THORNTON ACADEMY CONSIDERS ALL PERSONS WITHOUT REGARD TO RACE, AGE, COLOR, ANCESTRY OR NATIONAL ORIGIN, RELIGION, GENDER, SEXUAL ORIENTATION, PHYSICAL OR MENTAL DISABILITY, MARITAL, VETERAN, OR ANY OTHER LEGALLY PROTECTED STATUS. AUCTION 124657 73015 51642 33665 124657 73015 51642 33665 33665 17977 0 FINANCIAL AID 167 2134720 TUITION ASSISTANCE FINANCIAL AID X 1 0 X 0 0 0 0 0 0 0 0 0 KELLY PAUL CFO (RETIRED 12/31/18) 185036 0 0 0 0 0 0 0 20690 0 205726 0 0 0 MENARD RENE HEADMASTER 219337 0 0 0 0 0 8608 0 1570 0 229515 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED HOUSING FOR THE HEADMASTER, RENE MENARD. A FINANCE AUTHORITY OF MAINE 010392006 2017-02-01 23500000 REFINANCE BONDS; FINANCE CAPITAL PROJECTS AND PURCHASE OF REAL PROPERTY 0 0 0 A 23500000 137014 23362986 1 1 1 1 A 0 0 0 1 0 0 0 0 0 A 1 JILL BLAKE TRUSTEE DAUGHTER 25146 COMPENSATION FOR SERVICES 0 CHERI POULIN TRUSTEE DAUGHTER 50012 COMPENSATION FOR SERVICES 0 IAN PURVIS TRUSTEE SON 20654 COMPENSATION FOR SERVICES 0 X 2 59628 STOCK EXCHANGE X GIFT CARD 149 33459 FAIR VALUE X NONCASH ITEMS FOR AUCTION - TICKETS 53 7432 FAIR VALUE X HOME GOODS 37 6685 FAIR VALUE X ACCESSORIES 30 3696 FAIR VALUE X ART 17 2705 FAIR VALUE X BASKETS 5 325 FAIR VALUE X NONCASH ITEMS FOR AUCTION - FOOD 6 143 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ERIC PURVIS AND KIRK PURVIS ARE BROTHERS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DIRECTOR AND PRESIDENT EACH REVIEW FORM 990. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES SELF REGULATE THEIR CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS OF INTEREST ARE REQUIRED TO BE IDENTIFIED AND THE TRUSTEE ABSTAINS FROM ANY RELATED VOTES TO THE INTEREST CONFLICT AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR HEADMASTER AND OFFICERS IS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.