The Trustees and Proprietors of Bacon Academy
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Trustees and Proprietors of Bacon Academy (the Corporation) is operated exclusively for charitable purposes, for the benefit of the citizens of the Town of Colchester, Connecticut, including the promotion of education and the support of the Bacon Academy, Colchester's high school, lessening the burdens of government, and supporting the preservation of historic buildings.The Corporation operates an educational scholarship and award program (the scholarship and award program) through which the Corporation provides educational scholarship and educational awards to students of Bacon Academy. The scholarship and award program is administered by members of the Corporations Board of Trustees with input from members of Bacon Academys Guidance Department. The scholarship and award program furthers the Corporations charitable purposes by promoting education.
- Income
- $91,504
- Spending
- $69,069
- Spent on programs
- 51%
- Reserves
- 67.1 months of spending
- Largest source of income
- donations and private grants, 60%
- Employees
- 0
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 88 out of 100.
Reserves
35 of 35Spendable reserves would cover 67.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
8 of 1551% of spending went to programs and raising each dollar of donations cost 49 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100.
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $32,699 spent. The Corporation operates a below cost services program through which it owns real property and and provides real property to governmental entities, tax-exempt organizations and unincorporated community organizations at no cost or at substantially less than the Corporation's cost to own and maintain such real property. Engaging in this activity furthers the Corporation's charitable purposes because providing such services to such organizations is a charitable activity. See Revenue Ruling 71-529, 1971-2 C.B. 127.
- $2,400 spent. Educational Awards and Scholarships - $2,400.Each year, through the scholarship and award program, the Corporation provides various educational awards to students of Bacon Academy, which is Colchester's high school. The seven awards are as follows:1. Bacon Academy Senior Math Award plaque awarded to a senior for excellence in mathematics.2. Otis Prize - Female - Awarded to the senior with the highest grade in social studies.3. Otis Prize - Male - Awarded to the senior with the highest grade in social studies4. Bacon Academy Foreign Language Award - Plaque awarded to a senior who has shown the greatest proficiency in French.5. Bacon Academy Foreign Language Award Plaque awarded to a senior who has shown the greatest proficiency in Spanish/6. Stanley Weich Athletic Prize Female - Plaque awarded for general excellence in athletics.7. Stanley Weich Athletic Prize - Male - Plaque awarded for general excellence in athletics.The five scholarships are as follows:8. Gilbert Lamb Essay - Best senior essay on appreciation of our own community.9. Pierpoint Bacon Memorial Prize awarded to a senior who best exemplifies service to school and community.10. Adam Piekarz Scholarship awarded to a graduate who is a native of Colchester and will pursue an education in Agriculture, Forestry or Mechanical Engineering.11. August Gorreck Memorial Scholarship awarded to a senior who has been accepted to a four-year college and who intends to major in a field of business, aviation, or healthcare.12. Charles H. Blacker Scholarship awarded to a senior who is planning to attend college; selection is based on character, moral and intellectual qualifications, scholastic record, spirit of helpfulness and persistence.
- $2,400 spent. Capitalized the cost of a bronze plaque to acknowledge the contribution of slaves toward the establishment of Bacon Academy.
- o Bacon 300 Celebration - Pierpoint Bacon's 300th Birthday with open house and refreshments at building o Sponsorship of Historic Social Event, which included gathering of various community organizations to inform of BABOT vision and solicit financial support o Conduct annual Founder's Day Program (honors Pierpoint and Abigail Bacon's legacy gift that established a "school of higher learning and to recognize graduates who have gone on to distinguish themselves in their areas of expertise)o Sponsorship of Community Pollinator Evento Sponsorship of Indoor Pop-up Marketo Conduct Holiday Plant Saleo Participation in Community Yard Saleo Participation in Farmer's Marketso Maintain public relations via newspaper articles, website and Facebook Pageo Board attendance at Senior Awards Night in conjunction with scholarships and awards provided by Trusteeso Board attendance at Bacon Academy Graduation Ceremony
- Less: cost of plaque that is capitalized.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on January 15, 2011 for not filing returns for three years, and reinstated on January 15, 2011.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.