Overview

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Est.

1986

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FLETCHER ACADEMY INC is a nonprofit serving elementary and secondary education through a distinctly Seventh-day Adventist school, along with a retirement community and a fitness center for the community, retirement residents, and the academy. For filing year 2025, it reported an operating budget of $11.4M and total revenue of $12.6M, with major funding from THE LAYMAN FOUNDATION, FLETCHER HOSPITAL INC, and Adventist Health System Sunbelt Healthcare Corporation.

Mission Statement

FLETCHER ACADEMY OPERATES A DISTINCTLY SEVENTH-DAY ADVENTIST SCHOOL, A RETIREMENT COMMUNITY, AND A FITNESS CENTER FOR THE COMMUNITY, RETIREMENT RESIDENTS, AND FOR THE ACADEMY.
Revenues
$10.5M
Expenses
$10.9M
Net Income:
-$408.4K
Assets
$19.4M
Liabilities
$16.5M
Net Assets:
+$2.9M
Operating Budget
$10.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$60K
Largest grant received
$770K
C
Chris Carey
Board Member
G
George Pendleton
Board Member
D
Don Lowe
Board Member
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  • 15 funders
  • 45 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FLETCHER ACADEMY INC’s budget?
In 2024, FLETCHER ACADEMY INC reported an annual operating budget of around $10.4 million. More detailed financial information is available to registered users.
What causes does FLETCHER ACADEMY INC support?
FLETCHER ACADEMY INC supports work in Elementary and secondary education.
Where does FLETCHER ACADEMY INC operate?
FLETCHER ACADEMY INC is headquartered in FLETCHER, NC.
Who funded FLETCHER ACADEMY INC recently?
In 2024, FLETCHER ACADEMY INC received grants from ASI MISSIONS INC, THE LAYMAN FOUNDATION, and MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. More information on this organization’s funders is available to registered users.
What is the largest grant FLETCHER ACADEMY INC received in 2024?
The largest grant to FLETCHER ACADEMY INC in 2024 exceeds $770 thousand.