everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Freedom Preparatory Academy Inc

Memphis, TN / EIN 26-1342579 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20111,828,9781,848,675−19,6972.647%
20122,285,4112,327,495−42,0841.851%
20132,526,7322,619,861−93,1291.248%
20143,915,0373,801,471113,5661.264%
20158,505,2777,543,866961,4111.563%
201612,924,72012,507,738416,9821.363%
201716,466,38615,623,568842,8181.553%
201819,916,17218,583,2511,332,9212.954%
201921,645,40719,593,6762,051,7314.10%
202025,017,72722,163,0012,854,7265.258%
202131,026,62925,686,6645,339,9656.952%
202233,295,00827,739,0555,555,9537.854%
202339,672,06228,987,26910,684,79311.948%

In its most recent public year (2023), this organization brought in $10,684,793 more than it spent. Its reserves stood at about 11.9 months of spending, up from 2.6 in 2011. Staff pay was 48% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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