Nonprofit · EIN 04-2105781
TRUSTEES OF THAYER ACADEMY
Tax-exempt · BRAINTREE, MA 02184
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $56,853,378 | $55,855,874 | $997,504 | $190,210,815 | $78,641,168 | $111,569,647 |
| June 30, 2024 | 990 | $50,916,516 | $51,765,467 | -$848,951 | $182,139,533 | $76,414,627 | $105,724,906 |
| June 30, 2023 | 990 | $47,064,979 | $48,156,350 | -$1,091,371 | $178,053,491 | $78,289,675 | $99,763,816 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,169,759
- Program service revenue
- $48,909,605
- Investment income
- $1,496,525
- Net rental income
- $372,921
- Net gain from sales of assets
- $1,426,918
- Net income from fundraising events
- -$17,931
- Net income from sales of inventory
- -$10,056
- Other revenue
- $1,277,489
Expenses
- Grants and similar amounts paid
- $9,976,378
- Compensation of officers, directors and key employees
- $1,142,573
- Other salaries and wages
- $18,379,045
- Salaries, compensation and benefits (total)
- $27,495,739
- Professional fundraising fees
- $0
- Legal fees
- $166,673
- Accounting fees
- $102,370
- Occupancy
- $4,625,826
- Travel
- $20,888
- Depreciation
- $4,233,999
- Program services (functional)
- $46,438,157
- Management and general (functional)
- $7,150,632
- Fundraising (functional)
- $2,267,085
Balance sheet and other
- Total assets, start of year
- $182,139,533
- Total assets, end of year
- $190,210,815
- Total liabilities, end of year
- $78,641,168
- Net assets, end of year
- $111,569,647
- Land, buildings and equipment
- $76,336,921
- Publicly traded securities
- $4,411,154
- Net assets without donor restrictions
- $65,945,197
- Net assets with donor restrictions
- $45,624,450
- Gross unrelated business income
- -$2,955
- Gross receipts
- $75,033,134
- Employees
- 479
- Volunteers
- 30
- Year formed
- 1879
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER FORTUNATO | HEAD OF SCHOOL Officer | 40 | $547,370 | $316,085 |
| MELISSA L FORGER | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $223,696 | $187,517 |
| JED WARTMAN | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $175,877 | $176,719 |
| JULAINE MCINNIS | CFO & ASSISTANT TREASURER Officer | 40 | $316,004 | $27,664 |
| ALISON TERRY | CHIEF OF STRATEGIC MARKETING AND COMMUNICATIONS Highest-paid employee | 40 | $197,804 | $48,442 |
| ROBERTA MORAN | ATHLETICS DIRECTOR Highest-paid employee | 40 | $178,542 | $57,348 |
| JEFFREY DWYER | DIRECTOR OF ENROLLMENT MANAGEMENT Highest-paid employee | 40 | $160,688 | $70,917 |
| STEPHEN SANFORD | CHIEF FINANCIAL OPERATING OFFICER Officer | 40 | $135,086 | $13,365 |
| JAMES COUGHLIN | CHAIR Trustee or director | 2 | $0 | $0 |
| ELAINE DELUCA | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| JOE FARMER | SECRETARY Trustee or director | 2 | $0 | $0 |
| GUY DANIELLO | TREASURER Trustee or director | 2 | $0 | $0 |
| DANYA ABRAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TAVARES BREWINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DONOVAN BROWN | TRUSTEE Trustee or director | 2 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHEL CARD | TRUSTEE Trustee or director | 2 | $0 |
| ABE CEESAY | TRUSTEE Trustee or director | 2 | $0 |
| MICHAEL CURRY | TRUSTEE Trustee or director | 2 | $0 |
| ROB DEMARCO | TRUSTEE Trustee or director | 2 | $0 |
| DAVE DEVINE | TRUSTEE Trustee or director | 2 | $0 |
| JIM DOWDEN | TRUSTEE Trustee or director | 2 | $0 |
| LAUREN GOFF | TRUSTEE Trustee or director | 2 | $0 |
| JEN HAVLICEK | TRUSTEE Trustee or director | 2 | $0 |
| TERESA HSIAO | TRUSTEE Trustee or director | 2 | $0 |
| GREG LALLY | TRUSTEE Trustee or director | 2 | $0 |
| MARIE MORISETT | TRUSTEE Trustee or director | 2 | $0 |
| JEANINE MURPHY | TRUSTEE Trustee or director | 2 | $0 |
| JEFF ROBINSON | TRUSTEE Trustee or director | 2 | $0 |
| ANDREW SULLIVAN | TRUSTEE Trustee or director | 2 | $0 |
| CHRIS SULLIVAN | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER FORTUNATO | HEAD OF SCHOOL Officer | 40 | $507,344 | $258,724 |
| MELISSA L FORGER | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $216,300 | $186,316 |
| JULAINE MCINNIS | CFO & ASSISTANT TREASURER Officer | 40 | $265,744 | $52,799 |
| JED WARTMAN | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $161,758 | $141,301 |
| ALISON TERRY | CHIEF OF STRATEGIC MARKETING AND COMMUNICATIONS Highest-paid employee | 40 | $203,085 | $33,361 |
| ROBERTA MORAN | ATHLETICS DIRECTOR Highest-paid employee | 40 | $166,549 | $43,127 |
| JAMES COUGHLIN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL JOE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LEIGH KING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL MCNALLY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DANYA ABRAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TAVARES BREWINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DONOVAN BROWN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RACHEL CARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL CURRY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GUY DANIELLO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELAINE DELUCA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT DEMARCO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES DOWDEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH FARMER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JENNIFER HAVLICEK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TERESA HSIAO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREGORY LALLY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEANINE MURPHY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER FORTUNATO | HEAD OF SCHOOL Officer | 40 | $498,574 | $221,524 |
| MELISSA L FORGER | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $209,514 | $176,013 |
| JULAINE MCINNIS | CFO & ASSISTANT TREASURER Officer | 40 | $251,469 | $49,962 |
| HIGHLEY THOMPSON | HEAD OF UPPER SCHOOL Highest-paid employee | 40 | $162,962 | $110,916 |
| JONATHAN R WHITE | DIRECTOR OF ADMISSIONS Highest-paid employee | 40 | $156,407 | $53,581 |
| PAUL R PANTANO | DIRECTOR OF PLANT AND FACILITIES Highest-paid employee | 40 | $152,919 | $52,785 |
| THERESA R JAY | CHIEF INFORMATION OFFICER Highest-paid employee | 40 | $148,792 | $14,957 |
| MICHAEL JOE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL MCNALLY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LEIGH SCHWARTZ | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DANYA ABRAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TAVARES BREWINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DONAVAN BROWN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES COUGHLIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GUY DANIELLO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELAINE DELUCA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT DEMARCO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH FARMER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JENNIFER HAVLICEK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TERESA HSIAO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREG LALLY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEANINE MURPHY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 745 WASHINGTON ST, BRAINTREE, MA 02184-5751
- In care of
- % RICHARD RUMMEL
- Principal officer (990 for 2024)
- CHRIS M FORTUNATO, 745 WASHINGTON STREET, BRAINTREE, MA 02184
- Signed the 990
- STEPHEN P SANFORD, CHIEF FINANCIAL OPER. OFFICER
- Phone
- (781) 380-0503
- Website
- WWW.THAYER.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION AND PROGRAM OF THAYER ACADEMY IS TO INSPIRE A DIVERSE COMMUNITY OF STUDENTS IN GRADES 5 THROUGH 12 TO MORAL, INTELLECTUAL, AESTHETIC AND PHYSICAL EXCELLENCE SO THAT EACH MAY RISE TO HONORABLE ACHIEVEMENT AND CONTRIBUTE TO THE COMMON GOOD.
Program accomplishments
- COLLEGE PREPARATORY EDUCATIONAL INSTITUTION FOR GRADES 5 THROUGH 12. THE ACADEMY HAD 727 STUDENTS ENROLLED THIS YEAR.Expenses $44,152,715 · grants $9,976,378 · revenue $47,082,319
- SUMMER PROGRAMS OFFERED TO ALL STUDENTS TO FURTHER ENHANCE THE SCHOOL'S MISSION ON A BROADER FRONT (IE ARTS, CRAFTS, SPORTS, AND OTHER SPECIALIZED PROGRAMS).Expenses $1,258,798 · revenue $1,791,113
- AUXILIARY SERVICES PROVIDED FOR THE CONVENIENCE OF STUDENTS, FACULTY, AND STAFF.Expenses $1,026,644 · revenue $936,402
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2105781
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1933
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $190,210,815
- Income (IRS master file)
- $75,033,134
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $56,853,378 | $55,855,874 | $190,210,815 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $50,916,516 | $51,765,467 | $182,139,533 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $47,064,979 | $48,156,350 | $178,053,491 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $46,445,748 | $45,604,076 | $167,302,971 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2105781).
Questions about TRUSTEES OF THAYER ACADEMY
- What is the EIN of TRUSTEES OF THAYER ACADEMY?
- The employer identification number (EIN) of TRUSTEES OF THAYER ACADEMY is 04-2105781.
- Is TRUSTEES OF THAYER ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1933.
- Are donations to TRUSTEES OF THAYER ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRUSTEES OF THAYER ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRUSTEES OF THAYER ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRUSTEES OF THAYER ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TRUSTEES OF THAYER ACADEMY?
- The 990 for the year ended June 30, 2025 names CHRIS M FORTUNATO.
- Who are the officers and directors of TRUSTEES OF THAYER ACADEMY?
- The 990 for the year ended June 30, 2025 lists 30 people; 8 received compensation from the organization, the highest $547,370 (CHRISTOPHER FORTUNATO, HEAD OF SCHOOL).
- How much revenue does TRUSTEES OF THAYER ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $56,853,378, expenses of $55,855,874 and total assets of $190,210,815 at year end.
Other nonprofits in BRAINTREE
- BRAINTREE AFTER SCHOOL ENRICHMENT INC B A S E EIN 04-2883734 · last filed 990 for 2025
- PBS LEARNING INSTITUTE INC EIN 35-2226280 · last filed 990 for 2025
- CALCULUS PROJECT INC EIN 81-3431454 · last filed 990 for 2025
- THOMAS J GUNNING FUND EIN 92-3249336 · last filed 990 for 2024
- ELEMENTS ACADEMY INCORPORATED EIN 87-3960951 · last filed 990 for 2025
- THOMAS S GUNNING SCHOLARSHIP FOUNDATION EIN 04-3464855 · last filed 990-PF for 2025
- THAYER ACADEMY CHARITABLE TRUST EIN 20-6770243 · last filed 990 for 2025
- GREATER BOSTON PLUMBING CONTRACTORS ASSOCIATION SCHOLARSHIP PROGRAM EIN 47-4711204 · last filed 990 for 2025