everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Fletcher Academy Inc

Fletcher, NC / EIN 56-1432644 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20139,240,8118,688,479552,33212.737%
20148,679,1699,000,276−321,10712.138%
20159,244,1519,193,41250,73911.937%
20167,829,1288,274,263−445,13512.438%
20177,507,0177,582,976−75,95913.638%
20188,619,7997,698,305921,49415.035%
20198,510,1947,951,322558,87215.335%
20208,894,5678,211,480683,08715.734%
20218,984,0058,424,590559,4156.934%
20228,672,9359,501,224−828,2894.935%
20239,697,23010,610,509−913,2793.538%

In its most recent public year (2023), this organization spent $913,279 more than it brought in. Its reserves stood at about 3.5 months of spending, down from 12.7 in 2013. Staff pay was 38% of spending. $2,851,976 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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