2025-03-14T11:23:01-05:00 2024-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2023-07-01 561340099 THE FLETCHER SCHOOL INC FLET 7043654658 8500 SARDIS ROAD CHARLOTTE NC 28270 ARI HAUSMAN DIR. OF FINANCE AND OPERATIONS 7043654658 2025-03-13 1 0 PAULA P TILLEY P00051456 7043770239 2025-03-13 2023 2025-03-06 01:10:19Z TARA TERRY 8500 SARDIS ROAD CHARLOTTE NC 28270 13557288 0 X WWW.THEFLETCHERSCHOOL.ORG X 1982 NC TO OPERATE A K-12 COLLEGE PREPARATORY SCHOOL FOR CHILDREN WITH SPECIFIC LEARNING DISABILITIES AND/OR ADHD. 21 21 125 75 0 0 2312427 1458103 9037695 9941021 396625 551101 0 0 11746747 11950225 376350 466910 0 0 7024083 7328743 0 0 1221844 2647534 3531099 10047967 11326752 1698780 623473 36532227 40775841 15773849 18186980 20758378 22588861 THE FLETCHER SCHOOL EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE BRIGHT FUTURES BY OFFERING AN INDIVIDUALIZED, MULTISENSORY, COLLEGE PREPARATORY CURRICULUM THAT PREPARES THEM TO REACH THEIR FULL POTENTIAL. 0 0 7756489 466910 9941021 TO PROVIDE EDUCATION TO CHILDREN WITH LEARNING DISABILITIES IN A HEALTHY ENVIRONMENT THAT FOSTERS PHYSICAL AND MENTAL GROWTH. 7756489 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 125 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 0 0 X ARI HAUSMAN 7043654658 8500 SARDIS ROAD CHARLOTTE NC 28270 TARA TERRY HEAD OF SCHOOL 40.00 X 255712 0 10255 ARI HAUSMAN DIR. OF FINANCE & OPERATIONS 40.00 X 139853 0 7384 JOHN NUSSBAUMER ASSISTANT HEAD OF SCHOOL 40.00 X 135779 0 13073 GINNA CLUTE MIDDLE & UPPER SCHOOL DIVISION HEAD 40.00 X 118477 0 12669 JENNIFER BROST DIRECTOR OF ADVANCEMENT 40.00 X 117173 0 12346 JAMAL DAWKINS CHAIR 1.50 X X 0 0 0 LESLEY SHULL SECRETARY 0.50 X X 0 0 0 AL WELCH TREASURER 0.50 X X 0 0 0 JOHN PORTER RECENT PAST CHAIR 0.50 X 0 0 0 MICHAEL KAHN AT-LARGE TRUSTEE 0.50 X 0 0 0 KELLEY GATELY RIPP TRUSTEE 0.50 X 0 0 0 RICK BANGE TRUSTEE 0.50 X 0 0 0 WILL HADLEY TRUSTEE 0.50 X 0 0 0 BARRETT KOLLME TRUSTEE 0.50 X 0 0 0 MARGARET RAINEY TRUSTEE 0.50 X 0 0 0 MELANIE POWELL TRUSTEE 0.50 X 0 0 0 JOHN LOWRY TRUSTEE 0.50 X 0 0 0 BRIAN HEDGEPETH TRUSTEE 0.50 X 0 0 0 ARCH MCINTOSH TRUSTEE 0.50 X 0 0 0 ROBERT YOUAKIM TRUSTEE 0.50 X 0 0 0 CECI ROBINSON TRUSTEE 0.50 X 0 0 0 KATHY FINE TRUSTEE 0.50 X 0 0 0 JAMES BULLOCK TRUSTEE 0.50 X 0 0 0 TRACIA CERICOLA TRUSTEE 0.50 X 0 0 0 JENNIFER MCAULEY TRUSTEE 0.50 X 0 0 0 FRITZ SMITH TRUSTEE 0.50 X 0 0 0 766994 0 55727 5 0 1 0 WHN ARCHITECTS PA 330 W 10TH ST CHARLOTTE NC 28202 ARCHITECTURAL DESIGN 134850 BLUE LINE TECHNOLOGIES INC 8008 CORPORATE CENTER DR CHARLOTTE NC 28226 COMPUTER CONSULTANT 115977 CAMPBELL & COMPANY 190 S LA SALLE ST SUITE 2875 CHICAGO IL 60603 CAMPAIGN CONSULTANT 101179 3 1458103 1458103 TUITION 611710 9108509 9108509 LUNCH 611710 229841 229841 AFTER SCHOOL ACTIVITIES 611710 225843 225843 OTHER FEES 611710 190594 190594 RANKIN INSTITUTE REVENUE 611710 75790 75790 110444 110444 9941021 556390 556390 1491672 110102 1607063 0 -115391 110102 -5289 -5289 11950225 9941021 0 551101 466910 466910 402165 82410 281516 38239 5605565 4139868 1329856 135841 209557 155594 48998 4965 677970 478851 179556 19563 433486 305329 115671 12486 3819 3819 30931 30931 22922 22922 21834 21834 51433 51433 70819 56656 10623 3540 313782 251026 53343 9413 176666 141333 30033 5300 583465 466772 99189 17504 45988 36790 9198 BAD DEBT EXPENSE 798866 511 798355 INSTRUCTIONAL SUPPLIES 283349 283349 LUNCH EXPENSE 231674 231674 DEVELOPMENT AND PUBLIC 168474 5449 163025 727077 607983 105481 13613 11326752 7756489 2348419 1221844 2665350 3412248 167843 49531 2259810 1782666 7385811 7673798 107853 200842 20677315 7486600 10623270 13190715 12925703 14181180 396587 284861 36532227 40775841 705382 1982449 8129364 8523628 6565038 7441749 374065 239154 15773849 18186980 X 18534862 20122386 2223516 2466475 20758378 22588861 36532227 40775841 623473 1207010 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350726 49260 13310 386676 320424 10000 35021 14719 350726 382035 -48037 13574 320424 313145 78411 9521 382035 258105 50000 10212 5172 313145 1.00000 0 0 1695545 1695545 14718589 6390362 8328227 1243462 1096238 147224 3019719 3019719 13190715 X 12325627 1216392 -840990 375402 11950225 0 11950225 10495144 0 10495144 831608 831608 11326752 PART V, LINE 4: THE ENDOWMENT FUND IS INTENDED PRIMARILY FOR FINANCIAL AID. PART X, LINE 2: THE FLETCHER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE -9,382. SCHOLARSHIPS -466,910. LUNCH EXPENSES -231,674. GAIN ON SALE OF FIXED ASSETS -110,102. RECLASSED INVESTMENT EXPENSE -22,922. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 466,910. LUNCH EXPENSES 231,674. GAIN ON SALE OF FIXED ASSETS 110,102. RECLASSED INVESTMENT EXPENSE 22,922. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING AND OTHER PUBLICATIONS SPECIFICALLY STATE THAT THE SCHOOL DOES NOT DISCRIMINATE BASED ON RACE. 1 FINANCIAL AID 37 466910 PART I, LINE 2: THE FLETCHER SCHOOL OFFERS GRANT ASSISTANCE TO QUALIFIED STUDENTS ON THE BASIS OF THE FINANCIAL NEED OF THE FAMILY AND THE AVAILABILITY OF FUNDS. ALL STUDENTS (K-12TH GRADES) ARE ELIGIBLE TO APPLY FOR FINANCIAL AID. THE SCHOOL SUBSCRIBES TO THE SERVICES OF FACTS GRANT AND AID ASSESSMENT WHO REPORT TO THE FLETCHER SCHOOL FINANCIAL AID COMMITTEE THE AMOUNT DETERMINED THAT PARENTS CAN PAY TOWARD TUITION. FUNDS ARE ADMINISTERED THROUGH THE FLETCHER SCHOOL FINANCIAL AID COMMITTEE. THE FINANCIAL AID COMMITTEE DOES NOT DISCRIMINATE IN ADMINISTRATION OF FUNDS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONALITY, SEX, OR AGE. 0 0 0 0 0 0 0 0 0 TARA TERRY HEAD OF SCHOOL 255712 0 0 0 0 0 9889 0 366 0 265967 0 0 0 A PUBLIC FINANCE AUTHORITY EDUCATIONAL FACILITIES REVENUE BOND (SERIES 2022) 273866124 2022-03-22 14000000 SEE PART VI 0 0 0 A 6888303 280000 1389620 1 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 1 SCHEDULE K, PART I, BOND ISSUES: (F) FINANCE CAMPUS IMPROVEMENTS; BOND ISSUANCE COSTS; REFINANCE OF 2014 BOND & TERMINATION OF 2014 BOND ISSUANCE INTEREST RATE SWAP FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT KEEP SEPARATE MINUTES OF COMMITTEE MEETINGS. THE COMMITTEES GIVE A REPORT TO THE BOARD IN THEIR MEETINGS AND THOSE REPORTS ARE INCLUDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE, HEAD OF SCHOOL, AND TREASURER REVIEW THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES A CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY PROVIDES DUE DILIGENCE PROCEDURES AND GUIDANCE ON HOW TO DEAL WITH POLICY VIOLATIONS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER SIGN AN ANNUAL STATEMENT THAT THEY UNDERSTAND AND WILL COMPLY WITH THE POLICY. THE POLICY IS ALSO ANNUALLY REVIEWED. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL INCLUDES AN INDEPENDENT REVIEW, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. COMPENSATION FOR OTHER OFFICERS AND EMPLOYEES IS DETERMINED INTERNALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.