Nonprofit · EIN 26-1342579
FREEDOM PREPARATORY ACADEMY INC
Tax-exempt · MEMPHIS, TN 38126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $30,495,662 | $29,455,885 | $1,039,777 | $57,153,273 | $25,846,111 | $31,307,162 |
| June 30, 2024 | 990 | $35,371,672 | $33,105,342 | $2,266,330 | $57,538,612 | $26,601,563 | $30,937,049 |
| June 30, 2023 | 990 | $39,672,062 | $28,987,269 | $10,684,793 | $55,628,959 | $26,929,991 | $28,698,968 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $29,633,576
- of which government grants
- $27,746,069
- Program service revenue
- $862,086
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $849,752
- Other salaries and wages
- $15,057,566
- Salaries, compensation and benefits (total)
- $19,959,554
- Professional fundraising fees
- $0
- Legal fees
- $13,345
- Accounting fees
- $146,276
- Occupancy
- $873,547
- Travel
- $281,677
- Depreciation
- $1,762,728
- Program services (functional)
- $19,594,592
- Management and general (functional)
- $9,861,293
Balance sheet and other
- Total assets, start of year
- $56,868,948
- Total assets, end of year
- $57,153,273
- Total liabilities, end of year
- $25,846,111
- Net assets, end of year
- $31,307,162
- Land, buildings and equipment
- $34,343,892
- Gross receipts
- $30,495,662
- Employees
- 485
- Volunteers
- 110
- Year formed
- 2008
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBLIN WEBB | CEO/FOUNDER Officer | 40 | $217,864 | $13,869 |
| RHONDA MYLES | CHIEF PEOPLE OFFICER Officer | 40 | $178,472 | $29,946 |
| ANIKA BALTIMORE | CFO Officer | 40 | $175,271 | $18,875 |
| JOHNECIA HOWARD | COO Officer | 40 | $162,512 | $29,226 |
| MEGAN STITZINGER | CHIEF OF STAFF Highest-paid employee | 40 | $170,658 | $18,515 |
| ARTHUR ROSENTHAL | HEAD OF SCHOOL Highest-paid employee | 40 | $100,949 | $29,415 |
| SHAYLA MORGAN | HEAD OF SCHOOL Highest-paid employee | 40 | $113,578 | $10,709 |
| NATASHA SMITH | HEAD OF SCHOOL Highest-paid employee | 40 | $102,865 | $21,260 |
| NATASHA JEAN-LOUIS | HEAD OF SCHOOL Highest-paid employee | 40 | $100,378 | $22,076 |
| CARDELL ORRIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE LANDAU | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICH BILLINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN CORNES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ANDRE GIBSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHELLE MERCADO | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM POST | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBLIN WEBB | CEO/FOUNDER Officer | 40 | $285,771 | $18,531 |
| ANIKA BALTIMORE | CFO Officer | 40 | $161,211 | $14,540 |
| NATASHA SMITH | HEAD OF SCHOOL Highest-paid employee | 40 | $102,625 | $17,407 |
| SHAYLA MORGAN | PRINCIPAL Highest-paid employee | 40 | $103,716 | $15,959 |
| RODERICK BARBER | HEAD OF SCHOOL Highest-paid employee | 40 | $102,371 | $16,972 |
| JOHNECIA HOWARD | COO Officer | 40 | $98,089 | $13,483 |
| RHONDA MYLES | CTO Officer | 40 | $78,449 | $8,242 |
| CARDELL ORRIN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BRUCE LANDAU | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICH BILLINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN CORNES | MEMBER Trustee or director | 1 | $0 | $0 |
| ANDRE GIBSON | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELLE MERCADO | MEMBER Trustee or director | 1 | $0 | $0 |
| KIM POST | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBLIN WEBB | CEO, FOUNDER Officer | 40 | $220,000 | $18,921 |
| ANIKA BALTIMORE | CHIEF FINANCIAL OFFICER Officer | 40 | $152,656 | $14,588 |
| ARTHURINE BARNED | DEPUTY DIRECTOR OF K-5 SCHOOLS Officer | 1 | $137,700 | $19,949 |
| CLARENCE HAMPTON | REGIONAL DIRECTOR Highest-paid employee | 40 | $116,200 | $18,484 |
| ERIKA HOOVER | CHIEF PEOPLE OFFICER Officer | 1 | $116,650 | $13,036 |
| NATASHA SMITH | HEAD OF SCHOOL Trustee or director | 1 | $103,600 | $17,825 |
| LARRY THOMPSON | HEAD OF SCHOOL Trustee or director | 1 | $73,214 | $17,382 |
| JASMINE HOWARD | HEAD OF SCHOOL Trustee or director | 1 | $77,955 | $10,913 |
| RODERICK BARBER | HEAD OF SCHOOL Trustee or director | 1 | $59,953 | $11,340 |
| CORTNEY COOK | HEAD OF SCHOOL Trustee or director | 1 | $47,500 | $15,103 |
| SHUNSKIS HAMILTON | HEAD OF SCHOOL Trustee or director | 1 | $47,620 | $5,754 |
| ROBERT JONES | CHIEF OPERATING OFFICER Officer | 1 | $40,290 | $4,847 |
| SHAYLA MORGAN | HEAD OF SCHOOL Trustee or director | 1 | $26,503 | $11,008 |
| DESIREE LYLES WALLACE | MEMBER Trustee or director | 0 | $0 | $0 |
| JOHN CORNES | MEMBER Trustee or director | 0 | $0 | $0 |
| BRUCE LANDAU | MEMBER Trustee or director | 0 | $0 | $0 |
| CINDY ETTINGOFF | MEMBER Trustee or director | 0 | $0 | $0 |
| MICHAEL JONES SR | MEMBER Trustee or director | 0 | $0 | $0 |
| JEFF SANFORD | MEMBER Trustee or director | 0 | $0 | $0 |
| MARY MCDONALD | MEMBER Trustee or director | 0 | $0 | $0 |
| KIM POST | MEMBER Trustee or director | 0 | $0 | $0 |
| NATALIA POWERS | MEMBER Trustee or director | 0 | $0 | $0 |
| ANDRE GIBSON | MEMBER Trustee or director | 0 | $0 | $0 |
| RICH BILLINGS | TREASURER Officer | 0 | $0 | $0 |
| CHET JACKSON | BOARD CHAIR Officer | 0 | $0 | $0 |
| CARDELL ORRIN | VICE CHAIR Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 136 WEBSTER AVE, MEMPHIS, TN 38126-3002
- In care of
- % ROBLIN J WEBB
- Principal officer (990 for 2024)
- ANIKA BALTIMORE
- Signed the 990
- ANIKA BALTIMORE, CFO
- Phone
- (901) 828-4590
- Website
- WWW.FREEDOMPREP.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
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.
Program accomplishments
- 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.Expenses $19,594,592 · revenue $862,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1342579
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $57,153,273
- Income (IRS master file)
- $30,495,662
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $30,495,662 | $29,455,885 | $57,153,273 | XML |
| 990 | June 2024 | $35,371,672 | $33,105,342 | $57,538,612 | XML |
| 990 | June 2023 | $39,672,062 | $28,987,269 | $55,628,959 | XML |
| 990 | June 2022 | $33,295,008 | $27,739,055 | $50,857,494 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1342579).
Questions about FREEDOM PREPARATORY ACADEMY INC
- What is the EIN of FREEDOM PREPARATORY ACADEMY INC?
- The employer identification number (EIN) of FREEDOM PREPARATORY ACADEMY INC is 26-1342579.
- Is FREEDOM PREPARATORY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to FREEDOM PREPARATORY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREEDOM PREPARATORY ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FREEDOM PREPARATORY ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FREEDOM PREPARATORY ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FREEDOM PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 names ANIKA BALTIMORE.
- Who are the officers and directors of FREEDOM PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 9 received compensation from the organization, the highest $217,864 (ROBLIN WEBB, CEO/FOUNDER).
- How much revenue does FREEDOM PREPARATORY ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $30,495,662, expenses of $29,455,885 and total assets of $57,153,273 at year end.
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