THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC

THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC

Raleigh, NC, US
501(c)3
EIN
58-1447219
School

THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC

Raleigh, NC, US
501(c)3
EIN
58-1447219
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$13,784,879

Property, Plant, & Equipment (net)
86%
Cash & Equivalents
9%
Receivables (Non-Related)
4%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)

$676,106

Payables & Accruals
74%
Deferred Revenue
26%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,378,152
$1,184,734
-14%
Receivables (Non-Related)
$3,750
$500,000
+13233%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$0
$76,967
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,945,705
$11,797,269
+32%
Other Assets
$181,300
$225,909
+25%
Total Assets
$10,508,907
$13,784,879
+31%
Liabilities
2024
2025
Change
Payables & Accruals
$270,782
$499,039
+84%
Grants Payable
-
-
-
Deferred Revenue
$189,394
$177,067
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$460,176
$676,106
+47%
Net assets
2024
2025
Change
Restricted Net Assets
-
$500,000
-
Unrestricted Net Assets
$10,048,731
$12,608,773
+25%
Net assets
2024
2025
Change
Net assets
+$10,048,731
+$13,108,773
+30%
Balance Sheet
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