Thacher School Inc

Organization Overview

Thacher School Inc is located in Ojai, CA. The organization was established in 1944. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Thacher School Inc employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thacher School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Thacher School Inc generated $39.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $33.5m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE THACHER SCHOOL IS A COEDUCATIONAL BOARDING HIGH SCHOOL (GRADES 9-12) SERVING ACADEMICALLY TALENTED STUDENTS WHO WILL BENEFIT FROM A RIGOROUS COLLEGE PREPARATORY EXPERIENCE. HONOR, FAIRNESS, KINDNESS AND TRUTH ARE THE CORNERSTONES OF SCHOOL LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REGULAR EDUCATION PROGRAM: THE PHILOSOPHY OF THE THACHER SCHOOL IS ROOTED IN THE WISDOM AND WORK OF ITS FOUNDER, SHERMAN DAY THACHER, WHO EMBRACED THE EXTRAORDINARY NATURAL VENUE OF HIS SCHOOL AND SOUGHT ABOVE ALL ELSE TO TRAIN HIS STUDENTS IN THE ART OF LIVING FOR THEIR OWN GREATEST GOOD AND FOR THE GOOD OF THEIR FELLOW CITIZENS. HE BELIEVED THE MOST WORTHWHILE EDUCATION COMBINED A VIGOROUS ACADEMIC LIFE WITH RUGGED OUTDOOR ACTIVITIES THAT ENGENDERED SELF-RELIANCE, CONCERN FOR OTHERS, AND FIDELITY TO FOUR PRINCIPLES: HONOR, FAIRNESS, KINDNESS, AND TRUTH. THE THACHER SCHOOL RECENTLY UNVEILED A NEWLY TRANSFORMED OBSERVATORY AND WITH THE EXPERTISE OF STAFF WILL FACILITATE EDUCATIONAL PATHWAYS IN ASTRONOMY, COMPUTER SCIENCE, ROBOTICS AND ENGINEERING.


SIERRA WILDERNESS PROGRAM: GOLDEN TROUT CAMP IS AN INTEGRAL PART OF THE WILDERNESS AND LEADERSHIP TRAINING AT THACHER. THE PROGRAM PROVIDES EDUCATIONAL EXPERIENCE IN HEALTH, WELLNESS AND WILDERNESS TRAINING FOR DISADVANTAGED YOUTH DURING THE SUMMER MONTHS. ADDITIONALLY, GTC OFFERS AN EDUCATIONAL EXPERIENCE FOR ALUMNI AND FRIENDS OF THE THACHER SCHOOL. GTC IS A THROWBACK TO AN EARLIER TIME IN THE SIERRA WHEN HUNTING AND FISHING CAMPS WERE COMMON IN THE HIGH COUNTRY. LOCATED AT 10,200 FEET, JUST SOUTH OF ONE OF THE HIGHEST PEAKS IN CALIFORNIA, THE CAMP OFFERS ACCESS TO ONE OF THE WORLD'S WILDEST ECOSYSTEMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Penta Group
Construction
$12,475,145
Munger Tolles & Olson Llc
Investigative Services
$2,441,982
Bon Appetit
Food Service
$1,683,013
Craig Young Construction
Contractor
$1,039,521
Kelly Cleaning
Cleaning Services
$818,817
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$21,422,225
Investment income $3,570,997
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$33,292
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$21,841
Miscellaneous Revenue$0
Total Revenue $39,878,266

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Thacher School Inc has recieved totaling $3,260,000.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: CONSTRUCTION

$1,750,000
Gates Family Foundation

Denver, CO

PURPOSE: CONSTRUCTION

$1,500,000
Bruce & Marilyn Wallace Foundation

Woodland Hills, CA

PURPOSE: EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$168,024,195
Earnings$49,299,172
Admin Expense$1,059,137
Net Contributions$7,486,087
Other Expense$12,864,867
Ending Balance$210,885,450

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