Totals
- Total revenue
- $24,756,199
- Total expenses
- $22,076,084
- Contributions and grants received
- $14,835,571
- Grants paid
- $4,807,522
- Program service revenue
- $9,456,345
- Investment income
- $563,844
- Other revenue
- -$99,561
- Total assets, end of year
- $77,085,983
- Total liabilities, end of year
- $1,167,674
- Net assets or fund balances, end of year
- $75,918,309
- Program services expenses (Part IX)
- $18,593,700
- Management and general expenses
- $3,282,294
- Fundraising expenses
- $200,090
- Program service expenses (Part III)
- $18,593,700
Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$834,457
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$14,001,114
-
1g · Noncash contributions included above
$36,268
-
2a · Program service revenue: TUITION
total $9,231,730 · related or exempt $9,231,730
-
2b · Program service revenue: AUXILIARY SERVICES
total $224,615 · related or exempt $224,615
-
3 · Investment income
total $563,844 · excluded $563,844
-
6a · Gross rents
real property $99,620
-
6b · Less rental expenses
real property $53,375
-
6c · Rental income or loss
real property $46,245 · personal property $0
-
6d · Net rental income or loss
total $46,245 · excluded $46,245
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$26,800
-
8a · Fundraising events: contributions included on line 1c
$834,457
-
8b · Fundraising events: direct expenses
$197,039
-
8c · Net income from fundraising events
total -$170,239 · excluded -$170,239
-
9a · Gaming: gross income
$13,182
-
9b · Gaming: direct expenses
$5,106
-
9c · Net income from gaming
total $8,076 · excluded $8,076
-
11a · Other revenue: OTHER REVENUE
total $16,357 · excluded $16,357
-
11e · Other revenue, total
$16,357
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,807,522 · program services $4,807,522
-
5 · Compensation of officers, directors and key employees
total $1,568,544 · program services $844,084 · management and general $678,082 · fundraising $46,378
-
7 · Other salaries and wages
total $7,748,442 · program services $6,240,129 · management and general $1,508,313
-
8 · Pension plan contributions
total $254,911 · program services $212,008 · management and general $42,903
-
9 · Other employee benefits
total $1,097,602 · program services $911,367 · management and general $186,235
-
10 · Payroll taxes
total $672,918 · program services $502,809 · management and general $166,831 · fundraising $3,278
-
11b · Fees: legal
total $8,807 · management and general $8,807
-
11c · Fees: accounting
total $107,108 · management and general $107,108
-
11f · Fees: investment management
total $17,915 · management and general $17,915
-
11g · Fees: other
total $241,092 · program services $164,790 · management and general $68,903 · fundraising $7,399
-
12 · Advertising and promotion
total $82,677 · program services $45,706 · fundraising $36,971
-
13 · Office expenses
total $45,196 · management and general $45,196
-
14 · Information technology
total $369,294 · program services $282,301 · management and general $86,993
-
16 · Occupancy
total $585,538 · program services $515,273 · management and general $52,698 · fundraising $17,567
-
17 · Travel
total $5,423 · management and general $5,423
-
19 · Conferences, conventions and meetings
total $133,785 · program services $120,364 · management and general $13,421
-
22 · Depreciation, depletion and amortization
total $2,701,612 · program services $2,377,418 · management and general $243,145 · fundraising $81,049
-
23 · Insurance
total $248,275 · program services $218,482 · management and general $22,345 · fundraising $7,448
-
24a · Other expenses: STUDENT PROGRAMS
total $671,824 · program services $671,824
-
24b · Other expenses: CULINARY SERVICES
total $368,547 · program services $368,547
-
24c · Other expenses: TRANSPORTATION
total $136,433 · program services $136,433
-
24d · Other expenses: SCHOOL EQUIPMENT
total $48,541 · program services $48,541
-
24e · All other expenses
total $154,078 · program services $126,102 · management and general $27,976
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $374,000 · end of year $82,606
-
2 · Savings and temporary cash investments
beginning of year $550,252 · end of year $952,088
-
3 · Pledges and grants receivable
beginning of year $425,706 · end of year $58,036
-
4 · Accounts receivable
beginning of year $21,233 · end of year $106,672
-
5 · Loans and receivables from officers and key people
beginning of year $222 · end of year $0
-
8 · Inventories for sale or use
beginning of year $42,530 · end of year $18,715
-
9 · Prepaid expenses and deferred charges
beginning of year $200,646 · end of year $442,589
-
10a · Land, buildings and equipment: cost or other basis
$78,587,866
-
10b · Land, buildings and equipment: accumulated depreciation
$14,137,841
-
10c · Land, buildings and equipment, net
beginning of year $65,199,951 · end of year $64,450,025
-
11 · Investments: publicly traded securities
beginning of year $7,430,124 · end of year $10,898,857
-
15 · Other assets
beginning of year $41,050 · end of year $76,395
-
17 · Accounts payable and accrued expenses
beginning of year $791,549 · end of year $868,251
-
19 · Deferred revenue
beginning of year $216,176 · end of year $299,423
-
20 · Tax-exempt bond liabilities
end of year $0
-
21 · Escrow or custodial account liability
end of year $0
-
22 · Loans and payables to officers and key people
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $62,181,714 · end of year $63,117,788
-
28 · Net assets with donor restrictions
beginning of year $11,096,275 · end of year $12,800,521
Mission and programs · 2024
Mission
TO OPERATE AN INDEPENDENT SCHOOL AND PROVIDE A BALANCED EDUCATION THAT IGNITES A PASSION FOR DISCOVERY AND LEARNING, PREPARES STUDENTS TO SUCCEED IN COLLEGE, AND INSPIRES THEM TO LEAD LIVES OF INTEGRITY, PURPOSE AND RESPONSIBLE GLOBAL CITIZENSHIP.
Activities or mission (Part I)
TO OPERATE AN INDEPENDENT SCHOOL AND PROVIDE A BALANCED AND CHALLENGING EDUCATION THAT IGNITES IN OUR STUDENTS A PASSION FOR DISCOVERY AND LEARNING.
-
THADEN SCHOOL PROVIDES A BALANCED AND CHALLENGING EDUCATION THAT IGNITES IN OUR STUDENTS A PASSION FOR DISCOVERY AND LEARNING, PREPARES THEM TO SUCCEED IN COLLEGE, AND INSPIRES THEM TO LEAD LIVES OF INTEGRITY, PURPOSE, AND RESPONSIBLE GLOBAL CITIZENSHIP
Expenses $18,593,700 · Grants $4,807,522 · Revenue $9,456,345
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael MaloyMICHAEL MALOY
HEAD OF SCHOOL
- Total calculated
- $353,638
- From this org
- $335,428
- From related orgs
- $0
- Other
- $18,210
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $328,184
- Bonus
- not reported
- Other
- $7,244
- Deferred
- $13,645
- Nontaxable benefits
- $4,565
- Filer's total
- $353,638
-
Clayton MarshCLAYTON MARSH
FORMER HEAD OF SCHOOL
- Total calculated
- $281,538
- From this org
- $264,909
- From related orgs
- $0
- Other
- $16,629
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $250,880
- Bonus
- $750
- Other
- $13,279
- Deferred
- $9,314
- Nontaxable benefits
- $7,316
- Filer's total
- $281,539
-
Kim StricklandKIM STRICKLAND
CHIEF FIN AND OPERATIONS
- Total calculated
- $242,717
- From this org
- $219,874
- From related orgs
- $0
- Other
- $22,843
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $218,908
- Bonus
- not reported
- Other
- $966
- Deferred
- $9,293
- Nontaxable benefits
- $13,550
- Filer's total
- $242,717
-
Jason CurtisJASON CURTIS
CHIEF TECHNOLOGY OFFICER
- Total calculated
- $168,708
- From this org
- $163,935
- From related orgs
- $0
- Other
- $4,773
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,151
- Bonus
- not reported
- Other
- $784
- Deferred
- not reported
- Nontaxable benefits
- $4,773
- Filer's total
- $168,708
-
Mandi FaheyMANDI FAHEY
DIR OF ADMISSIONS
- Total calculated
- $166,208
- From this org
- $143,083
- From related orgs
- $0
- Other
- $23,125
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,656
- Bonus
- $5,000
- Other
- $428
- Deferred
- $5,954
- Nontaxable benefits
- $17,171
- Filer's total
- $166,209
-
Scott PassmoreSCOTT PASSMORE
DIR OF ATHLETICS
- Total calculated
- $160,764
- From this org
- $142,658
- From related orgs
- $0
- Other
- $18,106
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,396
- Bonus
- not reported
- Other
- $1,261
- Deferred
- $4,201
- Nontaxable benefits
- $13,906
- Filer's total
- $160,764
-
Jessica BonnemJESSICA BONNEM
HEAD OF UPPER SCHOOL
- Total calculated
- $150,606
- From this org
- $140,714
- From related orgs
- $0
- Other
- $9,892
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,433
- Bonus
- not reported
- Other
- $281
- Deferred
- $5,704
- Nontaxable benefits
- $4,189
- Filer's total
- $150,607
-
Helene MengertHELENE MENGERT
DIRECTOR OF ARTS
- Total calculated
- $129,284
- From this org
- $120,030
- From related orgs
- $0
- Other
- $9,254
- Hours/week
- 40
-
Brandi WiseBRANDI WISE
ASST. HEAD OF UPPER SCHOOL
- Total calculated
- $128,481
- From this org
- $108,909
- From related orgs
- $0
- Other
- $19,572
- Hours/week
- 40
-
Lisa HerschbachLISA HERSCHBACH
FORMER EXEC. DIR OF COMMUNITY RELATIONS
- Total calculated
- $110,310
- From this org
- $101,625
- From related orgs
- $0
- Other
- $8,685
- Hours/week
- 0
-
David SloneDAVID SLONE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Shari SteigerSHARI STEIGER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Isaac CodyISAAC CODY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Markita RogersMARKITA ROGERS
DIRECTOR (THRU 06/25)
- Total calculated
- $0
- Hours/week
- 1
-
Susan ChambersSUSAN CHAMBERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Omer ToreOMER TORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine FrancoCHRISTINE FRANCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stefan SternsSTEFAN STERNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chad TurbenCHAD TURBEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I Line 7
- Explanation:COMPENSATED EMPLOYEES RECEIVED A NON-FIXED BONUS FOR THE 2024 TAX YEAR
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202601349349313500
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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