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FLETCHER ACADEMY INC

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Public IRS 990 nonprofit record

FLETCHER ACADEMY INC

EIN 56-1432644 · Education (B)

What they do

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 STUDENTS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $76.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.64%of revenue went to mission work76.6% of expenses · Program services
3.91%of revenue went to fundraising4.1% of expenses
$94.86spent for every $100 of revenueRevenue covered expenses this year.
18.31%of revenue went to management and office costs19.3% of expenses
$1.74in assets for every $1 spent this yearSome assets cannot be spent right away.
17.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $147,964 for CHRIS CAREY (CEO/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,604,034
Mission workProgram services$9,155,57672.64% of revenue76.6% of expenses
ManagementOffice and general costs$2,308,04418.31% of revenue19.3% of expenses
FundraisingAsking for donations$492,7663.91% of revenue4.1% of expenses
Revenue left after expensesReported annual surplus$647,6485.14% of revenueShown in gray on the chart
Total expenses$11,956,38694.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 76.6% mission · 19.3% management · 4.1% fundraisingTotal expenses: 94.86% of revenue
2023Expense mix: 76.4% mission · 20.2% management · 3.4% fundraisingTotal expenses: 103.89% of revenue
2022Expense mix: 77.7% mission · 19.4% management · 2.9% fundraisingTotal expenses: 109.42% of revenue
2021Expense mix: 78.9% mission · 19.2% management · 1.9% fundraisingTotal expenses: 109.55% of revenue
2020Expense mix: 81.2% mission · 17.4% management · 1.4% fundraisingTotal expenses: 93.77% of revenue
2019Expense mix: 83.8% mission · 14.5% management · 1.7% fundraisingTotal expenses: 92.32% of revenue
2018Expense mix: 79.8% mission · 18.1% management · 2.1% fundraisingTotal expenses: 93.43% of revenue
2017Expense mix: 89.3% mission · 8.9% management · 1.9% fundraisingTotal expenses: 89.31% of revenue

Money in and money out

Revenue$12,604,034
Expenses$11,956,386
Annual surplus $647,648 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,155,576 · 76.6% of expenses
Management and office costs$2,308,044 · 19.3% of expenses
Fundraising$492,766 · 4.1% of expenses
See all reported dollar amounts
Revenue$12,604,034
Expenses$11,956,386
Assets$20,810,748
Income$12,604,034
Contributions$2,254,554
Mission work (program services)$9,155,576
Fundraising$492,766
Management and general$2,308,044
Stocks and bonds$2,089,285
Accounting fees$45,500
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CHRIS CAREYCEO/PRESIDENT · 40 hrs/week $147,964Base $118,141 · Other $29,823
PHILIP D WILHELMCHIEF ACADEMIC OFFICER/FA PRINCIPAL · 40 hrs/week $126,274Base $88,403 · Other $37,871
STEPHEN LEARNEDCHIEF FINANCIAL OFFICER/TREASURER · 40 hrs/week $110,033Base $76,044 · Other $33,989
ARTHUR L GIBBSCHIEF ADVANCEMENT OFFICER/CORP. SEC. · 40 hrs/week $95,845Base $71,524 · Other $24,321

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

CHRIS CAREYCEO/PRESIDENT

PHILIP D WILHELMCHIEF ACADEMIC OFFICER/FA PRINCIPAL

STEPHEN LEARNEDCHIEF FINANCIAL OFFICER/TREASURER

ARTHUR L GIBBSCHIEF ADVANCEMENT OFFICER/CORP. SEC.

KIRK BURGINBOARD MEMBER

TRISTAN HAMILTONBOARD MEMBER

TIMOTHY NOVAKBOARD MEMBER

STAURT YOONBOARD MEMBER

SHELLY ANCHETABOARD MEMBER

ROBERT NUNNALEYBOARD MEMBER

MILTON CONLEYBOARD MEMBER

JULIE TULLOCKBOARD MEMBER

JONATHAN KENDRICKBOARD CHAIR

JONATHAN FRITZBOARD MEMBER

JENNIFER ZINKEBOARD MEMBER

JEFF HARPERBOARD MEMBER

GEORGE PENDLETONBOARD MEMBER

BILL MOOREBOARD MEMBER

About this charity

Recognized since
January 1986
Location
PO BOX 5440, FLETCHER, NC 28732-5440
County
Henderson
In care of
STEPHEN LEARNED
Primary officer
STEPHEN LEARNED, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@fa.education Phone(828) 209-6711

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
DEAN DORTON ALLEN FORD PLLC
NTEE classification
Education (B)
IRS tax category
Education

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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