CSCharityScored
89

Freedom Preparatory Academy Inc

Education · Memphis, Tennessee

136 Webster Ave, Memphis, TN 38126-3002

EIN: 261342579· Founded: Dec 2008· 18 years active· Filing Year: 2023

Annual Revenue

$39.7M

Total Expenses

$29.0M

Total Assets

$55.6M

Program Spending

79%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.2M

4.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$12.8M

Total Payroll

$14.0M

48% of total expenses

Where the Money Goes

79%
Programs: 79%
Payroll: 48%
Other overhead: 21%
Program Revenue$22.9M (58%)
Total Expenses$29.0M (73%)
Payroll$14.0M (48%)
Overhead (non-program)21%

Trust Score Breakdown

Program Spending Ratio

79% of expenses go to programs

40%

Revenue & Stability

$39.7M annual revenue

15%

Executive Compensation

$1.2M total officer comp (4.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$55.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.