Civic Intelligence

Fletcher Academy Inc.

990 • Fiscal year 2015 • EIN 56-1432644

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 29, 2016

Organization ProfileWWW.FLETCHERACADEMY.COM
PO Box 5440 Howard Gap RoadFletcher, NC 28732

(828) 209-6711

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.51x

Higher debt load relative to assets than 72% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

1.03x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

39th percentile

0.5%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

16th percentile

$71,080

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

31st percentile

-2.2%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

6.5%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$18,622,974

Down $426,939 (-2.2%) from 2014

Net Assets

Up

$9,086,586

Up $20,937 (+0.2%) from 2014

Liabilities

Down

$9,536,388

Down $447,876 (-4.5%) from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin39th percentile

Revenue

Up

$9,244,151

Up $564,982 (+6.5%) from 2014

Expenses

Up

$9,193,412

Up $193,136 (+2.1%) from 2014

Net Income

Up

$50,739

Up $371,846 (+116%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2013: $19,145,369Liabilities 2013: $9,970,435Net Assets 2013: $9,174,9342013Assets 2014: $19,049,913Liabilities 2014: $9,984,264Net Assets 2014: $9,065,6492014Assets 2015: $18,622,974Liabilities 2015: $9,536,388Net Assets 2015: $9,086,5862015Assets 2016: $18,094,128Liabilities 2016: $9,526,830Net Assets 2016: $8,567,2982016Assets 2017: $18,124,253Liabilities 2017: $9,506,280Net Assets 2017: $8,617,9732017Assets 2018: $19,003,841Liabilities 2018: $9,392,299Net Assets 2018: $9,611,5422018Assets 2019: $19,402,904Liabilities 2019: $9,263,110Net Assets 2019: $10,139,7942019Assets 2020: $20,104,549Liabilities 2020: $9,349,986Net Assets 2020: $10,754,5632020Assets 2021: $20,973,040Liabilities 2021: $16,104,532Net Assets 2021: $4,868,5082021Assets 2022: $20,769,955Liabilities 2022: $16,926,017Net Assets 2022: $3,843,9382022Assets 2023: $19,644,092Liabilities 2023: $16,530,176Net Assets 2023: $3,113,9162023Assets 2024: $19,433,168Liabilities 2024: $16,495,222Net Assets 2024: $2,937,9462024

Highlighted filing

2015

Assets$18,622,974
Liabilities$9,536,388
Net Assets$9,086,586
Open 2015 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2013: $8,688,4792013Revenue 2014: $8,679,169Expenses 2014: $9,000,276Net Income 2014: -$321,1072014Revenue 2015: $9,244,151Expenses 2015: $9,193,412Net Income 2015: $50,7392015Revenue 2016: $7,829,128Expenses 2016: $8,274,263Net Income 2016: -$445,1352016Revenue 2017: $7,507,017Expenses 2017: $7,582,976Net Income 2017: -$75,9592017Revenue 2018: $8,619,799Expenses 2018: $7,698,305Net Income 2018: $921,4942018Revenue 2019: $8,510,194Expenses 2019: $7,951,322Net Income 2019: $558,8722019Revenue 2020: $8,894,567Expenses 2020: $8,211,480Net Income 2020: $683,0872020Revenue 2021: $8,984,005Expenses 2021: $8,424,590Net Income 2021: $559,4152021Revenue 2022: $8,672,935Expenses 2022: $9,501,224Net Income 2022: -$828,2892022Revenue 2023: $9,697,230Expenses 2023: $10,610,509Net Income 2023: -$913,2792023Revenue 2024: $10,497,051Expenses 2024: $10,905,485Net Income 2024: -$408,4342024

Highlighted filing

2015

Revenue$9,244,151
Expenses$9,193,412
Net Income$50,739
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 29, 2016
Return Version
2014v6.0
Gross Receipts
$9,731,376
Mission and Program Overview

Mission

Fletcher Academy, an independent college preparatory high school founded in 1910, exists to provide a distinctly Seventh-day Adventist education where spiritual development is bolstered with academic rigor, work skills, and character development that challenges our graduates to have a transforming influence in their world as disciples of Jesus.

Fletcher academy inc ("fai") operates an independent k-12 college preparatory school to provide a distinctly seventh-day adventist education where spiritual development is bolstered with academic rigor, work skills, and character development that challenges graduates to have a transforming influence in their world as disciples of jesus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,866,343$15,316,315▼ $550,028
Investments in Publicly Traded Securities$1,200,178$1,182,613▼ $17,565
Cash and Non-Interest-Bearing Accounts$465,187$799,070▲ $333,883
Investments Other Securities$693,504$643,464▼ $50,040
Savings and Temporary Cash Investments$383,101$242,047▼ $141,054
Inventories for Sale or Use$255,415$241,609▼ $13,806
Accounts Receivable$132,467$145,556▲ $13,089
Prepaid Expenses and Deferred Charges$53,718$52,300▼ $1,418
Total Assets$19,049,913$18,622,974▼ $426,939
Liabilities
Other Liabilities$8,877,554$8,569,540▼ $308,014
Accounts Payable and Accrued Expenses$591,966$520,296▼ $71,670
Mortgage Notes Payable Secured by Investment Property$352,384$331,520▼ $20,864
Deferred Revenue$100,360$83,032▼ $17,328
Unsecured Notes Loans Payable$62,000$32,000▼ $30,000
Total Liabilities$9,984,264$9,536,388▼ $447,876
Net Assets / Fund Balance
Unrestricted Net Assets$7,104,297$7,142,368▲ $38,071
Permanently Rstr Net Assets$1,003,808$1,032,128▲ $28,320
Temporarily Rstr Net Assets$957,544$912,090▼ $45,454
Total Net Assets Fund Balance$9,065,649$9,086,586▲ $20,937
Total Liabilities and Net Assets / Fund Balance$19,049,913$18,622,974▼ $426,939

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,852,197$11,143,495$23,995,692
Equipment$1,034,578$3,011,184$4,045,762
Other Land Buildings$1,339,989$2,247,311$3,587,300
Land$89,551-$89,551

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,299,985$28,320▼ $2,306$60,976$1,265,023
2013$1,145,378$300▲ $208,651$54,344$1,299,985
2012$1,041,304$400▲ $154,941$51,267$1,145,378
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy W HadleyCFO/treasurerFT$57,429$13,651$71,080
Jonathan T SmithCOO/secretaryFT$40,600$14,436$55,036
Gary P CarlsonCEO/president (start 8/1/14)FT$27,197$8,568$35,765
Frank CosterisanBoard MemberPT$13,514-$13,514
George PendletonBoard Member-$12,601-$12,601

Board Members and Trustees

NameTitle
Dale T TwomleyChairman of Board
Bert CoolidgeBoard Member
Ivan BlakeBoard Member
Lynn JohnsonBoard Member
Robert HansenBoard Member
Sharon CampbellBoard Member
Shawn CollinsBoard Member
Stuart YoonBoard Member
Wendi BarberBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,120,928
Program Service Revenue
$3,070,714
Investment Income
$10,148
Other Revenue
$5,042,361
All Other Contributions
$1,120,928
Change in Net Assets
$50,739

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential2$78,475Fair Market Value (FMV)
Cars and Other Vehicles1$9,985Fair Market Value (FMV)
Total Noncash Contributions3$88,460-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,396,536
Other Expenses$4,044,597
Grants and Similar Amounts Paid$752,279
Total Fundraising Expense$67,931
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,109,400-$8,103$3,117,503
Occupancy$998,160--$998,160
Depreciation Depletion$923,324--$923,324
Grants to Domestic Individuals$752,279--$752,279
Other Employee Benefits$523,857$28,286$26,462$578,605
Current Officers, Directors, Trustees, and Key Employees$191,361$83,412$21,216$295,989
Insurance$291,139--$291,139
Payroll Taxes$246,005$7,294$2,522$255,821
Office Expenses$208,605$5,218$8,143$221,966
Pension Plan Contributions$140,677$6,456$1,485$148,618
Information Technology$135,600--$135,600
Other Expenses$104,606--$104,606
Advertising$99,270--$99,270
Fees for Services Accounting-$27,925-$27,925
Fees for Services Legal-$17,838-$17,838
Conferences and Meetings$16,861--$16,861
All Other Expenses$12,906--$12,906
Travel$5,886$581-$6,467
Interest-$2,534-$2,534
Fees for Services Other$812--$812
Total Functional Expenses$8,945,937$179,544$67,931$9,193,412
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residency Deposits$8,569,540
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The fletcher academy constituency elects the board of directors.”

Form 990, Part VI, Section A, Line 7A

“The fletcher academy constituency elects the board of directors.”

Form 990, Part VI, Section B, Line 11

“The return is reviewed by the board before submission.”

Form 990, Part VI, Section B, Line 12C

“The board members are required to annually disclose any conflicts of interest. Any member with a potential conflict will recuse himself / herself from all discussions and vote.”

Form 990, Part VI, Section B, Line 15

“The compensation rates for the fletcher academy (fai) teaching staff are based on the southern union conference of seventhday adventist published rates of pay. The compensation of key employees is set by the ceo. The compensation schedule for all employees are presented, along with the budget, to the fai finance committee each year. The fai finance committee approves and recommends the compensation schedule to the fai board of directors, who have final approval of the fai budget and compensation rates.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Fletcher Academy Inc
EIN
56-1432644
Phone
8282096711
Address
PO BOX 5440 HOWARD GAP ROAD, FLETCHER, NC 28732

Signing Officer

Name
Gary Carlson
Title
CEO/president
Phone
8282096711
Signed
2016-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Carlson
Formed
1986
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
9
Employees
449
Volunteers
12

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 1000, CHARLOTTE, NC 28204
Preparer
Janice a Ratica
Phone
7043771678
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Split interest value change 26.”

Financial Statement Notes

PART V, LINE 4:

“The organization and the cfhc have adopted investment and spending policies approved by the board of directors, for endowment assets that attempt to effectively manage the endowment financial resources of the organization, ensure funds are available to achieve goals, and ensure funds are available to meet budgeting needs.”

PART X, LINE 2:

“The organization is incorporated as a nonprofit corporation under the laws of the state of north carolina. It has qualified for exemption from federal income taxes under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. The organization's policy is to record a liability for any tax position taken that is beneficial to the organization, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of june 30, 2015 and 2014 and, accordingly, no liability has been accrued. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2).”

Raw XML AppendixShowing 400 of 629 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0591966
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0520296
IRS990/AccountsReceivableGrp/BOYAmt0132467
IRS990/AccountsReceivableGrp/EOYAmt0145556
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FLETCHER ACADEMY INC ("FAI") OPERATES AN INDEPENDENT K-12 COLLEGE PREPARATORY SCHOOL TO PROVIDE A DISTINCTLY SEVENTH-DAY ADVENTIST EDUCATION WHERE SPIRITUAL DEVELOPMENT IS BOLSTERED WITH ACADEMIC RIGOR, WORK SKILLS, AND CHARACTER DEVELOPMENT THAT CHALLENGES GRADUATES TO HAVE A TRANSFORMING INFLUENCE IN THEIR WORLD AS DISCIPLES OF JESUS.
IRS990/AdvertisingGrp/ProgramServicesAmt099270
IRS990/AdvertisingGrp/TotalAmt099270
IRS990/AllOtherContributionsAmt01120928
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012906
IRS990/AllOtherExpensesGrp/TotalAmt012906
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHY W HADLEY CFO
IRS990/BooksInCareOfDetail/PhoneNum08282096711
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0185 FLETCHER ACADEMY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLETCHER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028732
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0465187
IRS990/CashNonInterestBearingGrp/EOYAmt0799070
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt021216
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt083412
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0191361
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0295989
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt016861
IRS990/ConferencesMeetingsGrp/TotalAmt016861
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01120928
IRS990/CYGrantsAndSimilarPaidAmt0752279
IRS990/CYInvestmentIncomeAmt010148
IRS990/CYOtherExpensesAmt04044597
IRS990/CYOtherRevenueAmt05042361
IRS990/CYProgramServiceRevenueAmt03070714
IRS990/CYRevenuesLessExpensesAmt050739
IRS990/CYSalariesCompEmpBnftPaidAmt04396536
IRS990/CYTotalExpensesAmt09193412
IRS990/CYTotalFundraisingExpenseAmt067931
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09244151
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0100360
IRS990/DeferredRevenueGrp/EOYAmt083032
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0923324
IRS990/DepreciationDepletionGrp/TotalAmt0923324
IRS990/Desc0FLETCHER ACADEMY 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 (CGCS) CGCS IS AN ELEMENTARY PROGRAM PROVIDING YOUNG PEOPLE AN OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION IN A CHRISTIAN ENVIRONMENT. IT SERVICES STUDENTS FROM KINDERGARTEN THROUGH THE EIGHTH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0449
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05772814
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027925
IRS990/FeesForServicesAccountingGrp/TotalAmt027925
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt017838
IRS990/FeesForServicesLegalGrp/TotalAmt017838
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0812
IRS990/FeesForServicesOtherGrp/TotalAmt0812
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118568
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1213651
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1314436
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1BERT COOLIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK COSTERISAN
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE PENDLETON
IRS990/Form990PartVIISectionAGrp/PersonNm4IVAN BLAKE
IRS990/Form990PartVIISectionAGrp/PersonNm5LYNN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6SHARON CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm7SHAWN COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm8STUART YOON
IRS990/Form990PartVIISectionAGrp/PersonNm9WENDI BARBER
IRS990/Form990PartVIISectionAGrp/PersonNm10DALE T TWOMLEY
IRS990/Form990PartVIISectionAGrp/PersonNm11GARY P CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm12KATHY W HADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm13JONATHAN T SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt213514
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt312601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1127197
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1257429
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1340600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRMAN OF BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO/PRESIDENT (START 8/1/14)
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13COO/SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-26476
IRS990/GainOrLossGrp/SecuritiesAmt0928
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0752279
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0752279
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0752279
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt017812
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt016148
IRS990/GrossReceiptsAmt09731376
IRS990/GrossRentsGrp/RealAmt0811987
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0135600
IRS990/InformationTechnologyGrp/TotalAmt0135600
IRS990/InsuranceGrp/ProgramServicesAmt0291139
IRS990/InsuranceGrp/TotalAmt0291139
IRS990/InterestGrp/ManagementAndGeneralAmt02534
IRS990/InterestGrp/TotalAmt02534
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0255415
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0241609
IRS990/InvestmentIncomeGrp/ExclusionAmt035696
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035696
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0693504
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0643464
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01200178
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01182613
IRS990/IRPDocumentCnt098
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016401990
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015866343
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015316315
IRS990/LandBldgEquipCostOrOtherBssAmt031718305
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt044288
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt015220
IRS990/LessRentalExpensesGrp/RealAmt0427717
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0209628
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0347236
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt0137608
IRS990/MissionDesc0FLETCHER ACADEMY, AN INDEPENDENT COLLEGE PREPARATORY HIGH SCHOOL FOUNDED IN 1910, EXISTS TO PROVIDE A DISTINCTLY SEVENTH-DAY ADVENTIST EDUCATION WHERE SPIRITUAL DEVELOPMENT IS BOLSTERED WITH ACADEMIC RIGOR, WORK SKILLS, AND CHARACTER DEVELOPMENT THAT CHALLENGES OUR GRADUATES TO HAVE A TRANSFORMING INFLUENCE IN THEIR WORLD AS DISCIPLES OF JESUS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0352384
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0331520
IRS990/NetAssetsOrFundBalancesBOYAmt09065649
IRS990/NetAssetsOrFundBalancesEOYAmt09086586
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-25548
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-25548
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0384270
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0384270
IRS990/NetUnrelatedBusTxblIncmAmt0-336061
IRS990/NetUnrlzdGainsLossesInvstAmt0-29828
IRS990/NoncashContributionsAmt088460
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0998160
IRS990/OccupancyGrp/TotalAmt0998160
IRS990/OfficeExpensesGrp/FundraisingAmt08143
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05218
IRS990/OfficeExpensesGrp/ProgramServicesAmt0208605
IRS990/OfficeExpensesGrp/TotalAmt0221966
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt026
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt026462
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028286
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0523857
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0578605
IRS990/OtherExpensesGrp/Desc0COMMUNITY MARKET PURCHA
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE PURCHASES
IRS990/OtherExpensesGrp/Desc2MISSION TRIPS EXPENSE
IRS990/OtherExpensesGrp/Desc3VEHICLE EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0694079
IRS990/OtherExpensesGrp/ProgramServicesAmt1367433
IRS990/OtherExpensesGrp/ProgramServicesAmt2123677
IRS990/OtherExpensesGrp/ProgramServicesAmt3104606
IRS990/OtherExpensesGrp/TotalAmt0694079
IRS990/OtherExpensesGrp/TotalAmt1367433
IRS990/OtherExpensesGrp/TotalAmt2123677
IRS990/OtherExpensesGrp/TotalAmt3104606
IRS990/OtherLiabilitiesGrp/BOYAmt08877554
IRS990/OtherLiabilitiesGrp/EOYAmt08569540
IRS990/OtherRevenueMiscGrp/BusinessCd0721110
IRS990/OtherRevenueMiscGrp/BusinessCd1452000
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0FLETCHER PARK INN
IRS990/OtherRevenueMiscGrp/Desc1COMMUNITY STORE
IRS990/OtherRevenueMiscGrp/Desc2LELIA PATTERSON CENTER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02936410
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1624130
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02936410
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1750315
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2624130
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0750315
IRS990/OtherRevenueTotalAmt04658091
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08103
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03109400
IRS990/OtherSalariesAndWagesGrp/TotalAmt03117503
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02522
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07294
IRS990/PayrollTaxesGrp/ProgramServicesAmt0246005
IRS990/PayrollTaxesGrp/TotalAmt0255821
IRS990/PensionPlanContributionsGrp/FundraisingAmt01485
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06456
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0140677
IRS990/PensionPlanContributionsGrp/TotalAmt0148618
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01003808
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01032128
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053718
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052300
IRS990/PrincipalOfficerNm0GARY CARLSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1ACADEMIC SUPPORT PROGR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02093294
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1977420
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02093294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1977420
IRS990/ProgSrvcAccomActy2Grp/Desc0FLETCHER 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 CAMPUS. FLETCHER PARK INN ALSO PROVIDES EDUCATIONAL OPPORTUNITY IN SERVICE FOR THE YOUNG PEOPLE OF THE ORGANIZATION. THE INN SEEKS TO PROVIDE COMFORTABLE SURROUNDINGS AT A REASONABLE COST FOR RESIDENTS TO ENJOY A LIFE OF COMPANIONSHIP AND SERVICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02387749
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02936410
IRS990/ProgSrvcAccomActy3Grp/Desc0LELIA PATTERSON CENTER - THE ACTIVITY CENTER, KNOWN AS THE LELIA PATTERSON CENTER IS OPEN TO INDIVIDUALS AND THEIR FAMILIES TO PURSUE A HEALTHY LIFESTYLE THROUGH EXERCISE, HEALTH EDUCATION, RECREATION, AND SOCIAL ACTIVITIES IN A CHRISTIAN ATMOSPHERE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0785374
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0624130
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0573340
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0564990
IRS990/PYInvestmentIncomeAmt027164
IRS990/PYOtherExpensesAmt04233089
IRS990/PYOtherRevenueAmt05067607
IRS990/PYProgramServiceRevenueAmt03011058
IRS990/PYRevenuesLessExpensesAmt0-321107
IRS990/PYSalariesCompEmpBnftPaidAmt04202197
IRS990/PYTotalExpensesAmt09000276
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08679169
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt050739
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0384270
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03280342
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0383101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0242047
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt012852197
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011143495
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt023995692
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01299985
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt028320
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01265023
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2306
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt060976
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01145378
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0300
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01299985
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208651
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt054344
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01041304
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01145378
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0154941

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,622,974
Liabilities
$9,536,388
Net assets
$9,086,586
Revenue
$9,244,151
Expenses
$9,193,412
Net income
$50,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$16.5$2.94$10.5$10.9$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$16.5$3.11$9.70$10.6$0.91
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$16.9$3.84$8.67$9.50$0.83
2021Detailed filing. Detailed filing data is available for this year.$21.0$16.1$4.87$8.98$8.42$0.56
2020Detailed filing. Detailed filing data is available for this year.$20.1$9.35$10.8$8.89$8.21$0.68
2019Detailed filing. Detailed filing data is available for this year.$19.4$9.26$10.1$8.51$7.95$0.56
2018Detailed filing. Detailed filing data is available for this year.$19.0$9.39$9.61$8.62$7.70$0.92
2017Detailed filing. Detailed filing data is available for this year.$18.1$9.51$8.62$7.51$7.58$0.08
2016Detailed filing. Detailed filing data is available for this year.$18.1$9.53$8.57$7.83$8.27$0.45
2015Detailed filing. Detailed filing data is available for this year.$18.6$9.54$9.09$9.24$9.19$0.05
2014Detailed filing. Detailed filing data is available for this year.$19.0$9.98$9.07$8.68$9.00$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$9.97$9.17$8.69