Fred Fletcher Memorial Fund Inc C/o Ryan Fletcher

Nonprofit profile at a glance

EIN
832241294
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Milton, MA, USA
Phone
3397930594
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$13,901
Expenses
$3,443
Assets
$74,684
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • RYAN FLETCHER (PRESIDENT, TREASURER, & DI)

People named in this filing

  • RYAN FLETCHER (PRESIDENT, TREASURER, & DI)
  • LEEANN FLETCHER (CLERK & DIRECTOR)
  • ALLISON BURDET (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Supporting educational, youth engagement, and community enrichment programs and providing scholarships to foster young community leaders in the arts, drama, athletics and beyond.

What it reported doing in 2024

Supporting educational, youth engagement, and community enrichment programs and providing scholarships to foster young community leaders in the arts, drama, athletics and beyond. In support of the organization's mission, six (6) awards were given to individuals.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 88
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.1%; rating input score 22
  • Program expense ratio: 87.1%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 75.2%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 21.69; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -117.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -9% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 52.4% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 22.1% of revenue deployed · 87.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.