Skip to main content

Nonprofit · EIN 56-1340099

THE FLETCHER SCHOOL INC

Tax-exempt · CHARLOTTE, NC 28270

Financials

$11.7M$10M2022$12M$11.3M2023$12.5M$11.3M2024
Revenue Expenses · by fiscal year end
Financials of THE FLETCHER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,497,327$11,302,171$1,195,156$47,522,349$22,962,534$24,559,815
June 30, 2024990$11,950,225$11,326,752$623,473$40,775,841$18,186,980$22,588,861
June 30, 2023990$11,746,747$10,047,967$1,698,780$36,532,227$15,773,849$20,758,378
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,345,614
Program service revenue
$10,251,364
Investment income
$900,349
Net gain from sales of assets
$274,945
Other revenue
$0

Expenses

Grants and similar amounts paid
$451,026
Compensation of officers, directors and key employees
$438,719
Other salaries and wages
$5,950,716
Salaries, compensation and benefits (total)
$7,747,206
Professional fundraising fees
$0
Legal fees
$5,091
Accounting fees
$60,176
Occupancy
$272,958
Depreciation
$829,432
Program services (functional)
$8,216,002
Management and general (functional)
$2,581,131
Fundraising (functional)
$505,038

Balance sheet and other

Total assets, start of year
$40,775,841
Total assets, end of year
$47,522,349
Total liabilities, end of year
$22,962,534
Net assets, end of year
$24,559,815
Land, buildings and equipment
$17,042,738
Publicly traded securities
$15,486,451
Net assets without donor restrictions
$21,958,083
Net assets with donor restrictions
$2,601,732
Gross receipts
$13,785,917
Employees
134
Volunteers
75
Year formed
1982
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TARA TERRYHEAD OF SCHOOL
Officer
40$249,261$10,314
ARI HAUSMANDIR. OF FINANCE & OPERATIO
Officer
40$140,786$12,431
JOHN NUSSBAUMERASSISTANT HEAD OF SCHOOL
Highest-paid employee
40$127,153$13,526
GINNA CLUTEMIDDLE & UPPER SCHOOL DIVI
Highest-paid employee
40$113,418$12,686
JENNIFER BROSTDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$111,942$12,058
JAMAL DAWKINSCHAIR
Trustee or director, Officer
1.5$0$0
AL WELCHTREASURER
Trustee or director, Officer
0.5$0$0
JOHN PORTERRECENT PAST CHAIR
Trustee or director
0.5$0$0
KELLEY GATELY RIPPTRUSTEE
Trustee or director
0.5$0$0
WILL HADLEYTRUSTEE
Trustee or director
0.5$0$0
MARGARET RAINEYTRUSTEE
Trustee or director
0.5$0$0
MELANIE POWELLTRUSTEE
Trustee or director
0.5$0$0
JOHN LOWRYTRUSTEE
Trustee or director
0.5$0$0
BRIAN HEDGEPETHTRUSTEE
Trustee or director
0.5$0$0
ARCH MCINTOSHTRUSTEE
Trustee or director
0.5$0$0
8 more people on this return
NameTitleHours / weekCompensation
CECI ROBINSONTRUSTEE
Trustee or director
0.5$0
KATHY FINETRUSTEE
Trustee or director
0.5$0
JAMES BULLOCKTRUSTEE
Trustee or director
0.5$0
TRACIA CERICOLATRUSTEE
Trustee or director
0.5$0
JENNIFER MCAULEYTRUSTEE
Trustee or director
0.5$0
FRITZ SMITHTRUSTEE
Trustee or director
0.5$0
JUSTIN HOLOFCHAKTRUSTEE
Trustee or director
0.5$0
REX REYNOLDSTRUSTEE
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
TARA TERRYHEAD OF SCHOOL
Officer
40$255,712$10,255
JOHN NUSSBAUMERASSISTANT HEAD OF SCHOOL
Highest-paid employee
40$135,779$13,073
ARI HAUSMANDIR. OF FINANCE & OPERATIONS
Officer
40$139,853$7,384
GINNA CLUTEMIDDLE & UPPER SCHOOL DIVISION HEAD
Highest-paid employee
40$118,477$12,669
JENNIFER BROSTDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$117,173$12,346
JAMAL DAWKINSCHAIR
Trustee or director, Officer
1.5$0$0
LESLEY SHULLSECRETARY
Trustee or director, Officer
0.5$0$0
AL WELCHTREASURER
Trustee or director, Officer
0.5$0$0
JOHN PORTERRECENT PAST CHAIR
Trustee or director
0.5$0$0
MICHAEL KAHNAT-LARGE TRUSTEE
Trustee or director
0.5$0$0
KELLEY GATELY RIPPTRUSTEE
Trustee or director
0.5$0$0
RICK BANGETRUSTEE
Trustee or director
0.5$0$0
WILL HADLEYTRUSTEE
Trustee or director
0.5$0$0
BARRETT KOLLMETRUSTEE
Trustee or director
0.5$0$0
MARGARET RAINEYTRUSTEE
Trustee or director
0.5$0$0
MELANIE POWELLTRUSTEE
Trustee or director
0.5$0$0
JOHN LOWRYTRUSTEE
Trustee or director
0.5$0$0
BRIAN HEDGEPETHTRUSTEE
Trustee or director
0.5$0$0
ARCH MCINTOSHTRUSTEE
Trustee or director
0.5$0$0
ROBERT YOUAKIMTRUSTEE
Trustee or director
0.5$0$0
CECI ROBINSONTRUSTEE
Trustee or director
0.5$0$0
KATHY FINETRUSTEE
Trustee or director
0.5$0$0
JAMES BULLOCKTRUSTEE
Trustee or director
0.5$0$0
TRACIA CERICOLATRUSTEE
Trustee or director
0.5$0$0
JENNIFER MCAULEYTRUSTEE
Trustee or director
0.5$0$0
FRITZ SMITHTRUSTEE
Trustee or director
0.5$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY LAWOUTGOING DIR. OF FINANCE & OPERATIONS
Officer
40$148,371$13,593
ARCH MCINTOSHOUTGOING HEAD OF SCHOOL
Former
40$151,167$6,258
JENNIFER BROSTDIRECTOR OF ADVANCEMENT
Highest-paid employee
40$104,416$11,836
TARA TERRYINCOMING HEAD OF SCHOOL
Officer
40$95,062$4,653
ARI HAUSMANINCOMING DIR. OF FINANCE & OPERATIONS
Officer
40$3,932$874
JOHN PORTERCHAIR
Trustee or director, Officer
1.5$0$0
SCOTT STEVENSTRUSTEE
Trustee or director
0.5$0$0
MICHAEL KAHNAT-LARGE TRUSTEE
Trustee or director, Officer
0.5$0$0
RICK BANGETRUSTEE
Trustee or director
0.5$0$0
JAMAL DAWKINSCHAIR-ELECT
Trustee or director, Officer
0.5$0$0
WILL HADLEYTRUSTEE
Trustee or director
0.5$0$0
BARRETT KOLLMETRUSTEE
Trustee or director
0.5$0$0
MARGARET RAINEYTRUSTEE
Trustee or director
0.5$0$0
MARY SHELTON ROSETRUSTEE
Trustee or director
0.5$0$0
LESLEY SHULLSECRETARY
Trustee or director, Officer
0.5$0$0
CECIL STODGHILLTRUSTEE
Trustee or director
0.5$0$0
SUSANNE TODDTRUSTEE
Trustee or director
0.5$0$0
AL WELCHTREASURER
Trustee or director, Officer
0.5$0$0
ROBERT YOUAKIMTRUSTEE
Trustee or director
0.5$0$0
CECI ROBINSONTRUSTEE
Trustee or director
0.5$0$0
KAREN PARKERTRUSTEE
Trustee or director
0.5$0$0
JAMES BULLOCKTRUSTEE
Trustee or director
0.5$0$0
BRIAN HEDGEPETHTRUSTEE
Trustee or director
0.5$0$0
JENNIFER MCAULEYTRUSTEE
Trustee or director
0.5$0$0
FRITZ SMITHTRUSTEE
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
8500 SARDIS RD, CHARLOTTE, NC 28270-0925
Principal officer (990 for 2024)
TARA TERRY, 8500 SARDIS ROAD, CHARLOTTE, NC 28270
Signed the 990
ARI HAUSMAN, DIR. OF FINANCE AND OPERATIONS
Phone
(704) 365-4658
Return prepared by
GREERWALKER LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE EDUCATION TO CHILDREN WITH LEARNING DISABILITIES IN A HEALTHY ENVIRONMENT THAT FOSTERS PHYSICAL AND MENTAL GROWTH.
    Expenses $8,216,002 · grants $451,026 · revenue $10,251,364

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1340099
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$47,522,349
Income (IRS master file)
$13,785,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,497,327$11,302,171$47,522,349XML
990June 2024$11,950,225$11,326,752$40,775,841XML
990June 2023$11,746,747$10,047,967$36,532,227XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1340099).

Questions about THE FLETCHER SCHOOL INC

What is the EIN of THE FLETCHER SCHOOL INC?
The employer identification number (EIN) of THE FLETCHER SCHOOL INC is 56-1340099.
Is THE FLETCHER SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to THE FLETCHER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE FLETCHER SCHOOL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE FLETCHER SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE FLETCHER SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE FLETCHER SCHOOL INC?
The 990 for the year ended June 30, 2025 names TARA TERRY.
Who are the officers and directors of THE FLETCHER SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 23 people; 5 received compensation from the organization, the highest $249,261 (TARA TERRY, HEAD OF SCHOOL).
How much revenue does THE FLETCHER SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,497,327, expenses of $11,302,171 and total assets of $47,522,349 at year end.

Other nonprofits in CHARLOTTE

All nonprofits in CHARLOTTE · North Carolina