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EIN 26-1342579

Freedom Preparatory Academy

IRS 501(c) type
501(c)(3)
Num. employees
378
City
Memphis
State
Tennessee
Year formed
2008
Most recent tax filings
2024-06-01
NTEE code, primary
B25: High School
Description
Freedom Preparatory Academy prepares all students in grades K-12 to excel in college and in life. Its focus is a clear, strategic and direct path to college for every student that enters our doors. Strategic and direct path to college for every student that enters our doors. To prepare all students in grades k-12 to exceel in college and in life.
Total revenues
$35,371,672
2024
Total expenses
$33,105,342
2024
Total assets
$57,538,612
2024
Num. employees
378
2024

Program areas at Freedom Preparatory Academy

Freedom prep accomplishes this mission of college preparation through a highly structured, cademically-challenging environment where students master the core subjects, develop advanced academic skills, participate in character-building extra-curricular activities and sports, and demonstrate the school's core values.

Who funds Freedom Preparatory Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support$4,500,000
Charter School Growth Fund (CSGF)Charter School Growth$500,000
Charter School Growth Fund (CSGF)Impact and Innovation$200,000
...and 7 more grants received

Financials for Freedom Preparatory Academy

RevenuesFYE 06/2024
Total grants, contributions, etc.$34,511,322
Program services$860,350
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$35,371,672

Organizations like Freedom Preparatory Academy

OrganizationLocationRevenue
Ofl-William S HartPasadena, CA$21,957,768
Sports Leadership and ManagementMiami, FL$47,073,446
Eaglebrook SchoolDeerfield, MA$34,185,238
Comp Sci HighBronx, NY$11,568,140
Veritas Preparatory AcademyPhoenix, AZ$10,013,225
St Michaels University SchoolCanada, $37,044,334
Accel Day and Evening AcademyMobile, AL$10,160,407
Southwest SchoolsHouston, TX$27,400,735
The Gunston SchoolCentreville, MD$10,033,170
Statesmen College Preparatory Academy for BoysWashington, DC$11,518,464
Data update history
April 24, 2025
Posted financials
Added Form 990 for fiscal year 2024
April 24, 2025
Updated personnel
Identified 6 new personnel
April 23, 2025
Received grants
Identified 1 new grant, including a grant for $35,500 from Community Foundation of Greater Memphis
April 21, 2025
Used new vendors
Identified 4 new vendors, including , , , and
February 3, 2025
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
5132 Jonetta St
Memphis, TN 38109
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
freedomprep.org/ 
Phone
(901) 828-4590
IRS details
EIN
26-1342579
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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