Fletcher Group Inc
- Assets
- $824.6k
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 35
- Location
- London, KY
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 82-5174662
Organization Overview
Fletcher Group Inc is located in London, KY. The organization was established in 2019. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Fletcher Group Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fletcher Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Fletcher Group Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 72.8% each year . All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 75.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Fletcher Group Inc has awarded 31 individual grants totaling $1,664,363. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RESEARCH AND PROMOTE EFFECTIVE PRACTICES AND PUBLIC POLICY TO IMPROVE HEALTH AND WELLBEING WITH A FOCUS ON ADDICTIVE AND LIFESTYLE DISEASES, INCLUDING SUBSTANCE USE DISORDERS AND OTHER CHRONIC LIFESTYLE DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TECHNICAL ASSISTANCE, TRAINING, AND RESEARCH THAT ENHANCES THE QUALITY AND CAPACITY OF RECOVERY HOUSING AND OTHER RECOVERY SUPPORT SERVICES IN SERVING AS THE RURAL CENTER OF EXCELLENCE. INCREASE THE NUMBER OF RECOVERY HOUSES IN RURAL COMMUNITIES ACROSS THE U.S.15 RURAL RECOVERY HOUSES BUILT.155 NEW RURAL RECOVERY BEDS ADDED.15 ACTIVE RECOVERY HOUSING PROJECTS IN PROCESS.2,171 TECHNICAL ASSISTANCE ENCOUNTERS.667 CLIENTS AND PARTNERS.425 EDUCATIONAL OPPORTUNITIES.1,000 RECOVERY HOUSES IN RH REGISTRY.RESEARCH PRODUCTS INCLUDED A NEW ALLIANCE MEASUREMENT SCALE, A RECOVERY ECONOMIC CALCULATOR, AND RECOVERY ECOSYSTEM INDEX, AND 3 JOURNAL PUBLICATIONS, NUMEROUS ISSUE BRIEFS, AND CONFERENCE PRESENTATIONS
UNDER OUR ARC GRANT PROVIDE TECHNICAL ASSISTANCE, TRAINING, AND RESEARCH TO ENHANCE THE QUALITY AND CAPACITY OF RECOVERY HOUSING. PROMOTE THE DEVLOPMENT OF 2 TO 4 NEW RECOVERY FACILITIES. PROMOTE TRAINING AND EMPLOYMENT FOR INDIVIDUALS IN RECOVERY HOUSE PROGRAMS.I. FACILITY/PROGRAM DEVELOPMENT- FACILITATED DEVELOPMENT OF RIVERPLACE, PIKE COUNTY; RAMEY ESTEP, BOYD COUNTY; BUCKHORN, PERRY COUNTY; AND TO BE DEVELOPED NEW VISTA RHOAR, MADISON COUNTY- 938 PATIENTS SERVED TO DATE- 316 NEW RECOVERY BEDS CREATED.- 124 JOBS CREATEDII. EMPLOYMENT INITIATIVE- 467 CLIENTS PLACED INTO MEANINGFUL EMPLOYMENT.- 974 STUDENTS SERVED.- 28 FUTURE PLANS ASSESSMENTS COMPLETED.- 107 PEER SUPPORT TRAININGS COMPLETED.- 75 SMARTS/BEBOSS TRAININGS COMPLETED.- 250 GED PROGRAM PARTICIPANTS INITIATED.- 47 GED CERTIFICATIONS EARNED.- 7 KCTCS TECHNICAL TRAININGS EARNED.- 36 PARTICIPANTS IN THE TAYLOR MADE EQUINE TRAINING PROGRAM.- 636 LIFE SKILLS, PARENTING AND OTHER SOFT SKILLS TRAININGS COMPLETED.- 36 JOB WINNER (FAIR CHANCE WORKS) VIRTUAL INTERVIEWING SKILLS- 5 MADE180 CERTIFICATIONS COMPLETED
CONSULTING AND ADVISEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Johnson CEO | OfficerTrustee | 40 | $216,860 |
Ernie Fletcher Co-Chair | OfficerTrustee | 40 | $255,000 |
Glenna Fletcher Co-Chair, Secretary | OfficerTrustee | 40 | $75,149 |
Mira Ball Hon Chair/director | Trustee | 1 | $0 |
Luther Deaton Director | Trustee | 1 | $0 |
Danny Fletcher Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,159,935 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,163,661 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,163,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,678,460 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $615,543 |
| Compensation of current officers, directors, key employees. | $102,931 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,034,526 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $655,264 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $83,353 |
| Fees for services: Lobbying | $136,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,300 |
| Advertising and promotion | $3,616 |
| Office expenses | $57,967 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $343,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $26,522 |
| Total functional expenses | $5,771,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $662,828 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $824,593 |
| Accounts payable and accrued expenses | $290,658 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $290,658 |
| Net assets without donor restrictions | $233,960 |
| Net assets with donor restrictions | $299,975 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $824,593 |
Grants Awarded
Over the last fiscal year, Fletcher Group Inc has awarded $979,460 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ALLIANCE FOR RECOVERY RESIDENCES PURPOSE: PROGRAM SUPPORT | $48,500 |
UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION PURPOSE: PROGRAM SUPPORT | $309,616 |
FUTURE PLANS GETWORKERFIT PURPOSE: PROGRAM SUPPORT | $18,700 |
AKIN GUMP STRAUSS HAUER FELD LLP PURPOSE: PROGRAM SUPPORT | $130,000 |
NATIONAL ASSOCIATION OF COUNTY AND CITY HEALTH OFFICIALS (NACCHO) PURPOSE: PROGRAM SUPPORT | $6,317 |
NASADAD PURPOSE: PROGRAM SUPPORT | $7,500 |