Is Trustees Of Thornton Academy Legit? —…

Strengths

Consistent operating surpluses, with revenues exceeding expenses in all reported periods (e.g., $33,117,795 revenue vs. $30,229,155 expenses in 2023).
Strong asset growth, increasing from $38,964,224 in 2014 to $59,395,279 in 2023, indicating robust financial health.
Stable and growing revenue streams over a decade, demonstrating financial resilience.
Regular and consistent filing of IRS Form 990s, indicating a commitment to public disclosure.

Spending Breakdown

How Trustees Of Thornton Academy allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Trustees Of Thornton Academy

Is Trustees Of Thornton Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Trustees Of Thornton Academy (EIN: 10224769) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.

Is Trustees Of Thornton Academy a good charity to donate to?

Trustees Of Thornton Academy has a Mission Score of 75/100. Revenue: $33.8M. Assets: $62.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Trustees Of Thornton Academy?

The Employer Identification Number (EIN) for Trustees Of Thornton Academy is 10224769. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Trustees Of Thornton Academy spend its money?

Trustees Of Thornton Academy allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Trustees Of Thornton Academy's tax-exempt status?

You can verify Trustees Of Thornton Academy's tax-exempt status using EIN 10224769 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Trustees Of Thornton Academy demonstrates consistent financial health with stable revenue streams and growing assets over the past decade. For the fiscal period ending 202306, the organization reported revenues of $33,117,795 against expenses of $30,229,155, indicating a healthy operating surplus. Its assets have steadily increased from $38,964,224 in 2014 to $59,395,279 in 2023, showcasing strong financial management and growth. The organization's liabilities have also been managed effectively, showing a slight decrease from $22,798,490 in 2023 compared to previous years, suggesting prudent financial stewardship.

Regarding spending efficiency, the provided data indicates that 0% of officer compensation was reported across all filings, which is unusual for an organization of this size and suggests that executive compensation might be reported under other expense categories or that key leadership roles are compensated through other means. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the consistent operating surpluses suggest that the organization is generally managing its expenses within its revenue capacity.

In terms of transparency, the consistent filing of IRS Form 990s over 12 periods demonstrates a commitment to public disclosure. However, the lack of reported officer compensation directly on the 990s could be a point of concern for stakeholders seeking full transparency on how leadership is compensated. Further investigation into the detailed expense categories within the full 990 filings would be necessary to fully assess spending efficiency and the allocation of funds towards its mission.

Is Trustees Of Thornton Academy Legit?

Verdict: Trustees Of Thornton Academy appears trustworthy

Red Flags