Nonprofit · EIN 58-1447219
THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,093,062 | $5,608,020 | -$514,958 | $13,784,879 | $676,106 | $13,108,773 |
| June 30, 2024 | 990 (amended) | $9,845,071 | $5,267,327 | $4,577,744 | $14,083,907 | $460,176 | $13,623,731 |
| June 30, 2023 | 990 | $4,661,308 | $4,615,903 | $45,405 | $9,461,884 | $415,897 | $9,045,987 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $619,109
- Program service revenue
- $4,628,821
- Investment income
- -$207,668
- Net rental income
- $52,800
- Net gain from sales of assets
- -$288,274
- Other revenue
- $52,800
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $3,249,500
- Salaries, compensation and benefits (total)
- $4,259,742
- Professional fundraising fees
- $0
- Accounting fees
- $15,095
- Occupancy
- $129,101
- Depreciation
- $402,203
- Program services (functional)
- $5,351,207
- Management and general (functional)
- $256,813
Balance sheet and other
- Total assets, start of year
- $14,083,907
- Total assets, end of year
- $13,784,879
- Total liabilities, end of year
- $676,106
- Net assets, end of year
- $13,108,773
- Land, buildings and equipment
- $11,797,269
- Net assets without donor restrictions
- $12,608,773
- Net assets with donor restrictions
- $500,000
- Gross receipts
- $5,381,336
- Employees
- 78
- Volunteers
- 0
- Year formed
- 1981
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL ATKINSON | HEAD OF SCHOOL/VP, ASST. SECRETARY Officer | 40 | $254,400 | $27,420 |
| BARBARA L GOODMON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAMES F GOODMON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES F GOODMON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL D HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL J GOODMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL MCGRATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PATTERSON | TREASURER Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL ATKINSON | VP/ASST. SECRETARY/HEAD OF Officer | 40 | $230,500 | $26,216 |
| BARBARA L GOODMON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAMES F GOODMON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES F GOODMON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL D HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL J GOODMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL P MCGRATH | VP/TREASURER/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL ATKINSON | VP/ASST. SECRETARY/HEAD OF Officer | 40 | $229,250 | $31,403 |
| BARBARA L GOODMON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAMES F GOODMON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES F GOODMON | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MICHAEL D HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL J GOODMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL P MCGRATH | VP/TREASURER/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 CEDARVIEW CT, RALEIGH, NC 27609-3819
- Principal officer (990 for 2024)
- PAUL ATKINSON, 400 CEDARVIEW COURT, RALEIGH, NC 27609
- Signed the 990
- GREG PATTERSON, TREASURER
- Phone
- (919) 782-5082
- Website
- WWW.TFARALEIGH.ORG
- Return prepared by
- SORREN INC
Mission
FLETCHER ACADEMY SEEKS TO PROVIDE REAL AND EFFECTIVE RESULTS FOR THEIR STUDENTS AND FAMILIES; PROVIDE THE BEST TEACHERS, CURRICULUM, AND PROGRAMS FOR CHILDREN WITH LEARNING DIFFERENCES; MAINTAIN STAFF EXCELLENCE THROUGH QUALITY RESOURCES AND PROFESSIONAL DEVELOPMENT.
Program accomplishments
- THE SCHOOL SERVES APPROX. 209 STUDENTS IDENTIFIED AS LEARNING DISABLED IN GRADES 2-12 THAT ARE IN NEED OF IMPROVING BASIC ACADEMIC SKILLS, SELF-CONCEPT AND MOTIVATION. THE FOCUS IS TO INCREASE ACADEMIC SUCCESS ON THEIR CURRENT LEVEL OF PERFORMANCE.Expenses $5,351,207 · revenue $4,628,821
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1447219
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $13,784,879
- Income (IRS master file)
- $5,381,336
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,093,062 | $5,608,020 | $13,784,879 | XML |
| 990 | June 2024 | $9,845,071 | $5,267,327 | $14,083,907 | XML |
| 990 | June 2023 | $4,661,308 | $4,615,903 | $9,461,884 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 58-1447219).
Questions about THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC
- What is the EIN of THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC?
- The employer identification number (EIN) of THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC is 58-1447219.
- Is THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT 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 ACADEMY SCHOOL OF ACHIEVEMENT 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 ACADEMY SCHOOL OF ACHIEVEMENT 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 ACADEMY SCHOOL OF ACHIEVEMENT INC?
- The 990 for the year ended June 30, 2025 names PAUL ATKINSON.
- Who are the officers and directors of THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $254,400 (PAUL ATKINSON, HEAD OF SCHOOL/VP, ASST. SECRETARY).
- How much revenue does THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,093,062, expenses of $5,608,020 and total assets of $13,784,879 at year end.
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