Massachusetts · Nonprofit
TRUSTEES OF THAYER ACADEMY INC
TRUSTEES OF THAYER ACADEMY INC (Massachusetts) receives grants from 62 organizations whose IRS filings report $7,499,543 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,578,038). 42 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $57M
- Funders on record
- 62
- Grants received
- $7.5M
- Net assets
- $112M
What Trustees of Thayer Academy Inc does
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.
As stated on its FY2025 Form 990.
Programs
College preparatory educational institution for grades 5 through 12. The academy had 727 students enrolled this year.
$44,152,715 spentof which $9,976,378 as grants$47,082,319 earned by the program95% of program spendingSummer programs offered to all students to further enhance the school's mission on a broader front (ie arts, crafts, sports, and other specialized programs).
$1,258,798 spent$1,791,113 earned by the program3% of program spendingAuxiliary services provided for the convenience of students, faculty, and staff.
$1,026,644 spent$936,402 earned by the program2% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $46,438,157.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $129M to $162M (+25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 5%. Grants only. Government contracts and fees sit inside program revenue.
9% of TRUSTEES OF THAYER ACADEMY INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
James Coughlin
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 15 funders to 29 funders, grant income rose $422k → $979k.
16 of 62 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 85% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $306k from one payer (the payer shares this organization's board, largest Thayer Academy Charitable Trust). These are real filings, and they are not money TRUSTEES OF THAYER ACADEMY INC raised.
From the IRS filings of TRUSTEES OF THAYER ACADEMY INC’s funders (the co-funder graph). Top 30 of 62 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TRUSTEES OF THAYER ACADEMY INC leans on a few funders — its largest provides 48% of grant income and the top three 78%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRUSTEES OF THAYER ACADEMY INC.
Largest funder’s share by year: 2017 75% · 2018 71% · 2019 48% · 2020 36% · 2021 58% · 2022 35% · 2023 47% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
59% of TRUSTEES OF THAYER ACADEMY INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
85% of TRUSTEES OF THAYER ACADEMY INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.1M that is directly attributable, 81% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6.4M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
TRUSTEES OF THAYER ACADEMY INC's revenue grew 53% between 2017 and 2025.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Organizations like TRUSTEES OF THAYER ACADEMY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
81%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Thayer Academy Charitable Trust · exempt
Screen this organization
A dated, signed PDF of the compliance screen for TRUSTEES OF THAYER ACADEMY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TRUSTEES OF THAYER ACADEMY INC?
- TRUSTEES OF THAYER ACADEMY INC (Massachusetts) receives grants from 62 organizations whose IRS filings report $7,499,543 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,578,038). 42 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does TRUSTEES OF THAYER ACADEMY INC have?
- IRS filings report 62 organizations giving $7,499,543 in grants to TRUSTEES OF THAYER ACADEMY INC, 42 of which have funded it in more than one year.
- Who is the largest funder of TRUSTEES OF THAYER ACADEMY INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,578,038 in grants. The full list of funders is on this page.
- How can an organization like TRUSTEES OF THAYER ACADEMY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Trustees of Thayer Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 62 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing