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Nonprofit · EIN 88-2959604

FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA

Tax-exempt · BIRMINGHAM, AL 35205

Financials

$250K$168K2021$590K$159K2022$1.8M$1.1M2023
Revenue Expenses · by fiscal year end
Financials of FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$1,768,165$1,134,571$633,594$2,945,911$1,801,758$1,144,153
September 30, 2023990$590,000$158,706$431,294$480,292$1,446$478,846
September 30, 2022990$250,000$167,917$82,083$51,120$3,568$47,552
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$1,766,057
of which government grants
$1,040,057
Program service revenue
$2,108
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$324,009
Salaries, compensation and benefits (total)
$387,581
Professional fundraising fees
$0
Accounting fees
$5,500
Occupancy
$265,311
Travel
$27,652
Depreciation
$6,964
Program services (functional)
$826,457
Management and general (functional)
$308,114

Balance sheet and other

Total assets, start of year
$511,573
Total assets, end of year
$2,945,911
Total liabilities, end of year
$1,801,758
Net assets, end of year
$1,144,153
Land, buildings and equipment
$1,069,555
Gross receipts
$1,768,165
Employees
1
Volunteers
0
Year formed
2022
State of legal domicile
AL

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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
RON BAYLESBOARD CHAIR
Trustee or director, Officer
3.5$0
LEWIS BURKSBOARD TREASURER
Trustee or director, Officer
3.5$0
DR DENISE DAVIS-MAYEMEMBER
Trustee or director
3.5$0
IESHA BROOKSMEMBER
Trustee or director
3.5$0
CARDELL ORRINMEMBER
Trustee or director
3.5$0
KEVIN KINGMEMBER
Trustee or director
3.5$0
990 for the year ended September 30, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
CLARENCE JUSTIN HAMPTONREGIONAL DIRECTOR
Highest-paid employee
40$106,874$8,049
RON BAYLESBOARD CHAIR
Trustee or director, Officer
3.5$0$0
LEWIS BURKSBOARD TREASURER
Trustee or director, Officer
3.5$0$0
DR DENISE DAVIS-MAYEMEMBER
Trustee or director
3.5$0$0
IESHA BROOKSMEMBER
Trustee or director
3.5$0$0
CARDELL ORRINMEMBER
Trustee or director
3.5$0$0
KEVIN KINGMEMBER
Trustee or director
3.5$0$0
990 for the year ended September 30, 2022: 7 people
NameTitleHours / weekCompensationOther / benefits
CLARENCE JUSTIN HAMPTONREGIONAL DIRECTOR
Highest-paid employee
40$102,037$6,893
RON BAYLESBOARD CHAIR
Trustee or director, Officer
3.5$0$0
LEWIS BURKSBOARD TREASURER
Trustee or director, Officer
3.5$0$0
DR DENISE DAVIS-MAYEMEMBER
Trustee or director
3.5$0$0
IESHA BROOKSMEMBER
Trustee or director
3.5$0$0
CARDELL ORRINMEMBER
Trustee or director
3.5$0$0
KEVIN KINGMEMBER
Trustee or director
3.5$0$0

Address and contacts

Address (IRS master file)
1116 20TH STREET SOUTH 324, BIRMINGHAM, AL 35205-2612
In care of
% JUSTIN HAMPTON
Principal officer (990 for 2023)
RON BAYLES, 630 1ST ST S, BIRMINGHAM, AL 35205
Signed the 990
RON BAYLES, BOARD CHAIR
Phone
(901) 538-9500
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

FREEDOM PREPARATORY ACADEMY SCHOOL PREPARE ALL STUDENTS IN GRADE K-12 TO EXCEL IN COLLEGE AND IN LIFE. ITS FOCUS IS A CLEAR STRATEGIC AND DIRECT PATH TO COLLLEGE FOR EVERY STUDENT THAT ENTERS OUR DOORS.

990 for the year ended September 30, 2024

Program accomplishments

  • HIGHLY STRUCTURED, ACADEMICALLY CHALLENGING ENVIRONMENT WHERE STUDENTS FREEDOM PREP ACCOMPLISHES THIS MISSION OF COLLEGE PREPARATION THROUGH A MASTER THE CORE SUBJECTS, DEVELOP ADVANCED ACADEMIC SKILLS, PARTICIPATE IN CHARACTER BUILDING EXTRACURRICULAR ACTIVITIES ANDSPORTS, AND DEMONSTRATE THE SCHOOL'S CORE VALUES.
    Expenses $826,457 · revenue $2,108

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
88-2959604
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
2023
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$2,945,911
Income (IRS master file)
$1,768,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$1,768,165$1,134,571$2,945,911XML
990September 2023$590,000$158,706$480,292XML
990September 2022$250,000$167,917$51,120XML

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 88-2959604).

Questions about FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA

What is the EIN of FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA?
The employer identification number (EIN) of FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA is 88-2959604.
Is FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA 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 CHARTER SCHOOLS ALABAMA due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA?
The 990 for the year ended September 30, 2024 names RON BAYLES.
Who are the officers and directors of FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA?
The 990 for the year ended September 30, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does FREEDOM PREPARATORY ACADEMY CHARTER SCHOOLS ALABAMA have?
On its 990 for the year ended September 30, 2024 it reported revenue of $1,768,165, expenses of $1,134,571 and total assets of $2,945,911 at year end.

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