NonprofitsFreedom Preparatory Academy Inc

Education

Freedom Preparatory Academy Inc

MEMPHIS, TN

Total revenue

$35.4M

Total expenses

$33.1M

Net assets

$30.9M

Grants received

$14.2M

46 grants

EIN

261342579

Tax year

2023

Mission

Freedom preparatory academy prepares all students in grades k-12 to excel in college and in life. It's focus is a clear strategic and direct path to college for every student that enters our doors.

Financials

FY 2023

Revenue

Contributions & grants$34.5M
Program service revenue$860K
Investment income
Other revenue
Total revenue$35.4M

Expenses

Grants paid
Salaries & benefits$19.7M
Fundraising
Other expenses$13.4M
Total expenses$33.1M
Total assets$57.5M
Net assets$30.9M

People

14 listed

NameRoleCompensation

ROBLIN WEBB

CEO/FOUNDER

Board

$286K

40 hrs/wk

ANIKA BALTIMORE

CFO

Board

$161K

40 hrs/wk

JOHNECIA HOWARD

COO

Board

$98K

40 hrs/wk

RHONDA MYLES

CTO

Board

$78K

40 hrs/wk

RICH BILLINGS

TREASURER

Board

1 hrs/wk

BRUCE LANDAU

SECRETARY

Board

1 hrs/wk

JOHN CORNES

MEMBER

Board

1 hrs/wk

CARDELL ORRIN

CHAIRMAN

Board

1 hrs/wk

ANDRE GIBSON

MEMBER

Board

1 hrs/wk

MICHELLE MERCADO

MEMBER

Board

1 hrs/wk

KIM POST

MEMBER

Board

1 hrs/wk

SHAYLA MORGAN

PRINCIPAL

Staff

$104K

40 hrs/wk

NATASHA SMITH

HEAD OF SCHOOL

Staff

$103K

40 hrs/wk

RODERICK BARBER

HEAD OF SCHOOL

Staff

$102K

40 hrs/wk

Independent contractors

DAKOTA CORPORATION

ROOFING

$1.6M

SLA MANAGEMENT INC

FOOD SERVICE MANAGEMENT

$1.5M

A&B CONSTRUCTION

CONSTRUCTION SERVICES

$955K

HARMONY TRANSPORTATION

STUDENT TRANSPORTATION

$769K

ABM INDUSTRIES INC

FACILITY SERVICES

$622K

Grants received

Showing 46 of 46

FromAmountPurposeYear
$900K
CHARTER SCHOOL CAPACITY-BUILDING
2024
$255K
GENERAL OPERATIONAL SUPPORT
2024
$200K
YASS PRIZE 2024 - SEMIFINALIST
2024
$135K
TO SUPPORT SUMMER BOOST
2024
$5K
GENERAL SUPPORT
2024
$500K
CHARTER SCHOOL GROWTH
2023
$200K
IMPACT AND INNOVATION
2023
$191K
TO SUPPORT SUMMER BOOST
2023
$158K
IMPACT AND INNOVATION
2023
$84K
CHARTER SCHOOL CAPACITY-BUILDING
2023
$83K
Charitable exempt purpose
2023
$36K
GENERAL OPERATIONAL SUPPORT
2023
$5K
SUPPORT EDUCATION AWARENESS EVENTS
2023
$1K
Assisting with necessaryapparel for thechildren
2023
$4.5M
General operating support
2022
$150K
CHARTER SCHOOL CAPACITY-BUILDING
2022
$75K
SUPPORT FOR TEACHER RECRUITMENT INNOVATIONS
2022
$500K
CHARTER SCHOOL GROWTH
2021
$500K
GENERAL OPERATIONAL SUPPORT
2021
$250K
CHARTER SCHOOL GROWTH
2021
$16K
CHARTER SCHOOL GROWTH
2021
$750
SUPPORT FOR TUTORING PROGRAMS
2021
$210
GENERAL OPERATING SUPPORT
2021
$80
GENERAL OPERATING SUPPORT
2021
$499K
GENERAL OPERATIONAL SUPPORT
2020
$160K
SEE SCHEDULE I SUPPLEMENTAL INFORMATION
2020
$150K
CHARTER SCHOOL IMPACT
2020
$125K
Freedom Fellows Institute
2020
$60K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$55K
CHARTER SCHOOL GROWTH
2020
$50K
CHARTER SCHOOL GROWTH
2020
$20K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$20K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$5K
COLLEGE AND ALUMNI SUCCESS
2020
$1.4M
GENERAL OPERATIONAL SUPPORT
2019
$180K
SCH. I SUPP. INFO
2019
$1.1M
GENERAL OPERATIONAL SUPPORT
2018
$1.1M
CHARTER SCHOOL GROWTH
2018
$212K
GENERAL OPERATIONAL SUPPORT
2018
$100K
GENERAL OPERATIONAL SUPPORT
2018
$55K
CHARTER SCHOOL GROWTH
2018
$27K
CHARTER SCHOOL GROWTH
2018
$6K
FOR EXEMPT PURPOSE
2018
$500
GENERAL OPERATIONAL SUPPORT
2018

Funded by

$14.2M from 16 funders · 46 grants · 2018–2024

The Chicago Community Trust

$4.5M · 1 grant · 2022

Charter Fund Inc

$4.3M · 19 grants · 2018–2024

Community Foundation

$4.1M · 9 grants · 2018–2024

New Schools For Alabama

$340K · 2 grants · 2019–2020

50Can Inc

$326K · 2 grants · 2023–2024

The Center For Education Reform

$200K · 1 grant · 2024

Walton Family Foundation Inc

$125K · 1 grant · 2020

Crawford-Howard Private Foundation

$83K · 1 grant · 2023

Details

EIN261342579
NTEE codeB24
Subsection03
Ruling date2008-12
Formed2008
Employees378
Volunteers70
FREEDOM PREPARATORY ACADEMY INC — Mission, Financials & Grants Received | Grantivo