Civic Intelligence

Fletcher Academy Inc.

990 • Fiscal year 2017 • EIN 56-1432644

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

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

74th percentile

0.52x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

1.27x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

31st percentile

-1.0%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

18th percentile

$82,087

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

33rd percentile

0.2%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-4.1%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$18,124,253

Up $30,125 (+0.2%) from 2016

Net Assets

Up

$8,617,973

Up $50,675 (+0.6%) from 2016

Liabilities

Down

$9,506,280

Down $20,550 (-0.2%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin31st percentile

Revenue

Down

$7,507,017

Down $322,111 (-4.1%) from 2016

Expenses

Down

$7,582,976

Down $691,287 (-8.4%) from 2016

Net Income

Up

-$75,959

Up $369,176 (+83%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2017

Assets$18,124,253
Liabilities$9,506,280
Net Assets$8,617,973
Open 2017 Filing

Operations Trend

Revenue Growth24th 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

2017

Revenue$7,507,017
Expenses$7,582,976
Net Income-$75,959
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$8,818,627
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$14,757,819$14,384,024▼ $373,795
Investments in Publicly Traded Securities$1,102,494$1,344,405▲ $241,911
Cash and Non-Interest-Bearing Accounts$791,445$983,503▲ $192,058
Savings and Temporary Cash Investments$489,259$451,940▼ $37,319
Inventories for Sale or Use$221,487$246,803▲ $25,316
Accounts Receivable$104,763$103,643▼ $1,120
Prepaid Expenses and Deferred Charges$44,385$42,160▼ $2,225
Total Assets$18,094,128$18,124,253▲ $30,125
Other Assets Total$582,476$567,775▼ $14,701
Liabilities
Other Liabilities$8,783,527$8,730,472▼ $53,055
Accounts Payable and Accrued Expenses$525,303$537,605▲ $12,302
Mortgage Notes Payable Secured by Investment Property$139,847$189,775▲ $49,928
Deferred Revenue$58,153$28,428▼ $29,725
Unsecured Notes Loans Payable$20,000$20,000→ $0
Total Liabilities$9,526,830$9,506,280▼ $20,550
Net Assets / Fund Balance
Unrestricted Net Assets$6,758,777$6,784,085▲ $25,308
Permanently Rstr Net Assets$1,032,503$1,187,617▲ $155,114
Temporarily Rstr Net Assets$776,018$646,271▼ $129,747
Total Net Assets Fund Balance$8,567,298$8,617,973▲ $50,675
Total Liabilities and Net Assets / Fund Balance$18,094,128$18,124,253▲ $30,125

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,123,557$12,065,675$24,189,232
Equipment$998,644$3,378,948$4,377,592
Other Land Buildings$1,172,272$2,421,783$3,594,055
Land$89,551-$89,551

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,169,736$155,114▲ $135,300$63,348$1,396,802
2015$1,265,023$375▼ $35,059$60,603$1,169,736
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 Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary P CarlsonCEO/PresidentFT$82,087-$82,087
Kathy W HadleyCFO/TreasurerFT$59,638$12,757$72,395
Jonathan T SmithCOO/SecretaryFT$40,792$16,134$56,926
Frank CosterisanBoard MemberPT$12,293-$12,293

Board Members and Trustees

NameTitle
Robert HansenChairman of Board
Burt CoolidgeBoard Member
Dale TwomleyBoard Member
Donald LoweBoard Member
George PendletonBoard Member
Ivan BlakeBoard Member
Lynn JohnsonBoard Member
Mark HyderBoard Member
Sharon CampbellBoard Member
Shawn CollinsBoard Member
Stuart YoonBoard Member
Wendi BarberBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$811,991
Program Service Revenue
$6,510,114
Investment Income
$36,586
Other Revenue
$148,326
All Other Contributions
$811,991
Change in Net Assets
$-75,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,898,076
Other Expenses$2,980,259
Grants and Similar Amounts Paid$704,641
Total Fundraising Expense$151,766
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,474,994$154,605$68,213$2,697,812
Occupancy$748,998$152,146$102$901,246
Depreciation Depletion$763,019$39,075-$802,094
Grants to Domestic Individuals$704,641--$704,641
Other Employee Benefits$597,546$16,998$44,835$659,379
Fees for Services Other$162,312$44,894$4,626$211,832
Payroll Taxes$167,885$32,970$5,056$205,911
Current Officers, Directors, Trustees, and Key Employees$85,366$109,444-$194,810
Information Technology$100,019$49,089$2,523$151,631
Pension Plan Contributions$108,113$27,248$4,803$140,164
Insurance$110,791$8,186-$118,977
All Other Expenses$11,689$64,993$5,075$81,757
Office Expenses$21,499$27,226$16,414$65,139
Advertising$53,379$2,369-$55,748
Other Expenses$32,391$576-$32,391
Fees for Services Accounting-$26,550-$26,550
Travel$4,810$223$119$5,152
Interest$3,928$1,061-$4,989
Total Functional Expenses$6,673,557$757,653$151,766$7,582,976
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,569
Fundraising Direct Expenses$14,984
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fruit Sales$18,569$18,569$14,984$3,585
Total Events$18,569$18,569$14,984$3,585
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$8,730,472
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 membership of the Corporation, that is its constituency, shall be composed of not fewer than twenty-four (24) and not more than thirty-two (32) individuals (who will serve for a three-year (3) term). Not less than one-third (1/3) and not more than one-half (1/2) of these shall be employees of the Corporation. An officer of the Layman Foundation of North Carolina, a not-for-profit North Carolina corporation, the executive secretary of the Layman Foundation of Tennessee, a not-for-profit Tennessee corporation, and a pastor of a Seventh-day Adventist Church in the local community each shall be a member. The remaining members shall be chosen from among Seventh-day Adventist members in good and regular standing who practice and support the standards adopted by the Corporation and have an active interest in the spiritual and business development of Fletcher Academy, Inc. and its affiliated entities.”

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

“The business of the Corporation shall be supervised and managed by a board of directors composed of eleven (11) to fifteen (15) members, including the Chairperson, at least one (1) member that is an officer of the Layman Foundation of North Carolina, a not-for-profit North Carolina corporation, and one (1) of whom shall be employed by the Seventh-day Adventist Church. All other members are to be chosen at large. Each member shall serve for a term of three (3) years, with one-third (1/3) of the members rotating off the board each year. The unexpired term of any vacancy on the board of directors may be filled by the board of directors. If no election is held by the members of the Corporation, the directors shall continue to serve until their successors are elected.”

Form 990, Part VI, Section B, line 11B

“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
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Carlson
Formed
1986
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
11
Employees
390
Volunteers
11

Preparer

Firm
Cherry Bekaert Llp
Address
1111 Metropolitan Ave Ste 1000, Charlotte, NC 28204
Preparer
Amanda Adams
Phone
7043771678
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“split interest value change 36,259.”

Financial Statement Notes

Part V, Line 4:

“The Organization's endowment consists of 20 individual funds, including a beneficial interest in perpetual trust invested at CFHC, established for a variety of purposes. The endowment includes only donor-restricted endowment funds. 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. 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 209(a)(2).”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1459638
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1540792
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman of Board
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO/President
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/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt15COO/Secretary
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt014984
IRS990/FundraisingGrossIncomeAmt018569
IRS990/GainOrLossGrp/SecuritiesAmt01767
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0704641
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0704641
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0704641
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011344
IRS990/GrossReceiptsAmt08818627
IRS990/GrossRentsGrp/RealAmt0729314
IRS990/GrossSalesOfInventoryAmt0702476
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02523
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt049089
IRS990/InformationTechnologyGrp/ProgramServicesAmt0100019
IRS990/InformationTechnologyGrp/TotalAmt0151631
IRS990/InsuranceGrp/ManagementAndGeneralAmt08186
IRS990/InsuranceGrp/ProgramServicesAmt0110791
IRS990/InsuranceGrp/TotalAmt0118977
IRS990/InterestGrp/ManagementAndGeneralAmt01061
IRS990/InterestGrp/ProgramServicesAmt03928
IRS990/InterestGrp/TotalAmt04989
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0221487
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0246803
IRS990/InvestmentIncomeGrp/ExclusionAmt034819
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034819
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01102494
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01344405
IRS990/IRPDocumentCnt060
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017866406
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014757819
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014384024
IRS990/LandBldgEquipCostOrOtherBssAmt032250430
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09577
IRS990/LessRentalExpensesGrp/RealAmt0436597
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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/BOYAmt0139847
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0189775
IRS990/NetAssetsOrFundBalancesBOYAmt08567298
IRS990/NetAssetsOrFundBalancesEOYAmt08617973
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01767
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01767
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03585
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03585
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-147976
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-147976
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0292717
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0292717
IRS990/NetUnrelatedBusTxblIncmAmt0-185002
IRS990/NetUnrlzdGainsLossesInvstAmt090375
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0102
IRS990/OccupancyGrp/ManagementAndGeneralAmt0152146
IRS990/OccupancyGrp/ProgramServicesAmt0748998
IRS990/OccupancyGrp/TotalAmt0901246
IRS990/OfficeExpensesGrp/FundraisingAmt016414
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027226
IRS990/OfficeExpensesGrp/ProgramServicesAmt021499
IRS990/OfficeExpensesGrp/TotalAmt065139
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0582476
IRS990/OtherAssetsTotalGrp/EOYAmt0567775
IRS990/OtherChangesInNetAssetsAmt036259
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt044835
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016998
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0597546
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0659379
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE PURCHASES
IRS990/OtherExpensesGrp/Desc1MISSION TRIPS EXPENSE
IRS990/OtherExpensesGrp/Desc2VEHICLE EXPENSES
IRS990/OtherExpensesGrp/Desc3Academic Program Expens
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0576
IRS990/OtherExpensesGrp/ProgramServicesAmt0317934
IRS990/OtherExpensesGrp/ProgramServicesAmt1137462
IRS990/OtherExpensesGrp/ProgramServicesAmt266781
IRS990/OtherExpensesGrp/ProgramServicesAmt332391
IRS990/OtherExpensesGrp/TotalAmt0317934
IRS990/OtherExpensesGrp/TotalAmt1137462
IRS990/OtherExpensesGrp/TotalAmt267357
IRS990/OtherExpensesGrp/TotalAmt332391
IRS990/OtherLiabilitiesGrp/BOYAmt08783527
IRS990/OtherLiabilitiesGrp/EOYAmt08730472
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt068213
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0154605
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02474994
IRS990/OtherSalariesAndWagesGrp/TotalAmt02697812
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05056
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032970
IRS990/PayrollTaxesGrp/ProgramServicesAmt0167885
IRS990/PayrollTaxesGrp/TotalAmt0205911
IRS990/PensionPlanContributionsGrp/FundraisingAmt04803
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt027248
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0108113
IRS990/PensionPlanContributionsGrp/TotalAmt0140164
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01032503
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01187617
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044385
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042160
IRS990/PrincipalOfficerNm0GARY CARLSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0721110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0Fletcher Park Inn
IRS990/ProgramServiceRevenueGrp/Desc1Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc2Academic Support Programs
IRS990/ProgramServiceRevenueGrp/Desc3lelia patterson center
IRS990/ProgramServiceRevenueGrp/Desc4Other program fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02831305
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12018026
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2873909
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3605995
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4180879
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02831305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12018026
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2873909
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3605995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4180879
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 life of companionship and service.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02011929
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02831305
IRS990/ProgSrvcAccomActy3Grp/Desc0LELIA PATTERSON CENTER - The activity center known as 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/ExpenseAmt0746395
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0605995
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0671879
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0789113
IRS990/PYInvestmentIncomeAmt043508
IRS990/PYOtherExpensesAmt03286325
IRS990/PYOtherRevenueAmt03950930
IRS990/PYProgramServiceRevenueAmt03162811
IRS990/PYRevenuesLessExpensesAmt0-445135
IRS990/PYSalariesCompEmpBnftPaidAmt04198825
IRS990/PYTotalExpensesAmt08274263
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07829128
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-75959
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0292717
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03072814
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0489259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0451940
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,124,253
Liabilities
$9,506,280
Net assets
$8,617,973
Revenue
$7,507,017
Expenses
$7,582,976
Net income
-$75,959
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