Fletcher Academy
Fletcher Academy reported $12.6 million in revenue and $12.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.58 went to program services, $19.30 to management and general costs and $4.12 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.8% of the total. The highest compensation it reported for one person was $147,964 (CEO/PRESIDENT). 1 person received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.22 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 17.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 79.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $147,964 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.24% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFletcher Academy an independent college preparatory high school, which provides a distinctly seventhday adventist education where spiritual development is bolstered with academic rigor, work skills, and character development. Fletcher Academy is a high school located in henderson county, north carolina, and is open to students worldwide. It is funded primarily by tuition and contributions. Captain gilmer christian school is an elementary program providing young people an opportunity to receive an excellent education in a christian enviroment. It services students from kindergarten through the…
Fletcher park inn the retirement community known as fletcher park inn, also located in henderson county, is open to individuals who desire retirement living in a lifestyle that is offered on the Fletcher Academy campus. Fletcher park inn also provides an educationalopportunity in the service for the young people of the organization. The inn seeks to provide comfortable surroundings at a reasonable cost for residents to enjoy life of companionship and service
Lelia patterson center the activity center known as lelia patterson center in open to individuals and their families to pursue a healthy lifestyle through exercise, health education, recreation, and social activities in a christian atmosphere
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/PRESIDENT Director/trustee, officer, 40.00 hrs/week | $118,141 | $0 | $29,823 | $147,964 |
| CHIEF ACADEMIC OFFICER/FA PRINCIPAL Officer, 40.00 hrs/week | $88,403 | $0 | $37,871 | $126,274 |
| CHIEF FINANCIAL OFFICER/TREASURER Officer, 40.00 hrs/week | $76,044 | $0 | $33,989 | $110,033 |
| CHIEF ADVANCEMENT OFFICER/CORP. SEC. Officer, 40.00 hrs/week | $71,524 | $0 | $24,321 | $95,845 |
1 people received more than $100,000 in reportable compensation from Fletcher Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $354K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5413
- Volunteers Part I, line 640
Private foundation grants it received
1 private foundation reported grants to Fletcher Academy totaling $255 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Fletcher Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fletcher Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Fletcher Academy spent in FY2025, $76.58 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Texas Chiropractic CollegePasadena, TX · revenue $13M · programs 85.1% · FY2025
- Archway Classical Academy ScottsdalePhoenix, AZ · revenue $13M · programs 87.1% · FY2025
- Lincoln Park Performing Arts Charter SchoolMidland, PA · revenue $13M · programs 91.1% · FY2025
- BreakthroughAustin, TX · revenue $13M · programs 83.8% · 2024
- Northern State University FoundationAberdeen, SD · revenue $13M · programs 76.8% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Fletcher Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Fletcher Academy reported that 76.6% of its $12.0 million in expenses went to program services, 19.3% to management and general and 4.1% to fundraising (Form 990, Part IX).
How much does Fletcher Academy pay its top executive?
The largest total compensation Fletcher Academy reported for one person in the fiscal year ending June 30, 2025 was $147,964, for the role of CEO/PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Fletcher Academy get its money?
Of $12.6 million in revenue in the fiscal year ending June 30, 2025, 17.9% came from contributions and grants and 79.8% from program service revenue (Form 990, Part VIII).
Is Fletcher Academy a registered charity?
The IRS lists EIN 56-1432644 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601289349302200 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349302551 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202442049349300959 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202422049349300892 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349315283 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101319349302255 · read the filing
All filings for EIN 56-1432644: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.