2025-02-25T16:16:16-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 261342579 FREEDOM PREPARATORY ACADEMY INC FREE 9018284590 5132 JONETTA STREET MEMPHIS TN 38109 ANIKA BALTIMORE CFO 9018284590 2025-02-20 1 0 WADE MCMULLEN P00541671 6268577300 2025-02-16 2023 2025-03-06 01:10:19Z ANIKA BALTIMORE 35371672 0 X WWW.FREEDOMPREP.ORG X 2008 TN 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. 7 7 378 70 0 0 38550059 34511322 1122003 860350 0 0 0 0 39672062 35371672 0 0 0 0 16813950 19694086 0 0 0 12173319 13411256 28987269 33105342 10684793 2266330 55628959 57538612 26929991 26601563 28698968 30937049 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. 0 0 20951834 860350 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. 20951834 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 165 0 1 378 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X ANIKA BALTIMORE 9018284590 CFO MEMPHIS TN 38109 CARDELL ORRIN CHAIRMAN 1.00 X X 0 0 0 BRUCE LANDAU SECRETARY 1.00 X X 0 0 0 RICH BILLINGS TREASURER 1.00 X X 0 0 0 JOHN CORNES MEMBER 1.00 X 0 0 0 ANDRE GIBSON MEMBER 1.00 X 0 0 0 MICHELLE MERCADO MEMBER 1.00 X 0 0 0 KIM POST MEMBER 1.00 X 0 0 0 ROBLIN WEBB CEO/FOUNDER 40.00 X 285771 0 18531 RHONDA MYLES CTO 40.00 X 78449 0 8242 JOHNECIA HOWARD COO 40.00 X 98089 0 13483 ANIKA BALTIMORE CFO 40.00 X 161211 0 14540 NATASHA SMITH HEAD OF SCHOOL 40.00 X 102625 0 17407 RODERICK BARBER HEAD OF SCHOOL 40.00 X 102371 0 16972 SHAYLA MORGAN PRINCIPAL 40.00 X 103716 0 15959 932232 0 105134 5 0 1 0 DAKOTA CORPORATION 3121 SANDBROOK ST MEMPHIS TN 38116 ROOFING 1554275 SLA MANAGEMENT INC 3217 CORRINE DRIVE ORLANDO FL 32803 FOOD SERVICE MANAGEMENT 1501566 A&B CONSTRUCTION 5091 FILFOND ROAD MEMPHIS TN 39134 CONSTRUCTION SERVICES 954969 HARMONY TRANSPORTATION 2601 FRISCO AVE MEMPHIS TN 38114 STUDENT TRANSPORTATION 769239 ABM INDUSTRIES INC 3331 MILLBRANCH ROAD MEMPHIS TN 38116 FACILITY SERVICES 622006 16 32900971 1610351 34511322 MISCELLANEOUS SCHOOL-RELATED REVE 611600 860350 860350 860350 35371672 860350 0 0 789840 789840 15315611 12673347 2642264 1098313 937232 161081 1312647 1110117 202530 1177675 974501 203174 26651 26651 81577 81577 2984756 686494 2298262 51418 51418 616501 315627 300874 395103 118531 276572 1527674 458302 1069372 124115 124115 975638 975638 1905890 571767 1334123 338055 338055 FOOD SERVICE 1522202 1522202 OTHER MISCELLANEOUS 1266578 379974 886604 REPAIRS AND MAINTENANCE 551707 165512 386195 INSTRUCTIONAL MATERIALS 527079 527079 516312 511149 5163 33105342 20951834 12153508 0 14325973 14174693 309357 312991 974682 999570 3648 289190 49972 42329567 6804186 31980190 35525381 1805250 669886 5606438 6140350 55628959 57538612 2156826 1395464 21573263 21173860 3199902 4032239 26929991 26601563 X 28698968 30937049 0 0 0 0 28698968 30937049 55628959 57538612 2266330 -28249 0 X 0 1 X 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35482498 2641239 32841259 1410748 370522 1040226 5408592 3792425 1616167 27729 27729 35525381 NET PENSION ASSET 1803108 TCRS STABILIZATION RESERVE TRUST 1077298 PENSION RELATED DEFERRED OUTFLOWS 3244421 OTHER CURRENT ASSETS 15523 6140350 RETIREMENT CONTRIBUTION PAYABLE 285366 ACCRUED COMPENSATED ABSENCES 92862 DEFERRED INFLOWS RELATED TO PENSION 1104085 RIGHT TO USE LEASE LIABILITY, DUE WITHIN ONE YEAR 351503 RIGHT TO USE LEASE LIABILITY, DUE IN MORE THAN ONE YEAR 2198423 4032239 X 35371672 0 35371672 0 35371672 33105342 0 33105342 0 33105342 PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT SCHOOL THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE, CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, MANAGEMENT HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NONDISCRIMINATION STATEMENT IS INCLUDED ON THE SCHOOL'S APPLICATION AND THE NONDISCRIMINATORY POLICIES ARE DISCUSSED AT THE SCHOOL'S OPEN HOUSE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDS FROM THE SHELBY COUNTY SCHOOLS (SCS) AND THE ACHIEVEMENT SCHOOL DISTRICT (ASD) DIVISION OF THE STATE OF TENNESSEE BASED ON A PER-PUPIL ALLOCATION EQUIVALENT. IT ALSO RECEIVES FEDERAL GRANTS AS DIRECT FUNDING AND PASS-THROUGH FUNDING FROM SCS AND ASD. 0 0 0 0 0 0 0 0 0 ROBLIN WEBB CEO/FOUNDER 221571 0 64200 0 0 0 0 0 18531 0 304302 0 0 0 ANIKA BALTIMORE CFO 151211 0 10000 0 0 0 0 0 14540 0 175751 0 0 0 A EQUITABLE FACILITIES FUND INC 822351889 2020-09-16 22000000 REFINANCE OUTSTANDING DEBT 0 0 0 A 22000000 0 0 0 0 A 0 0 0 0 0 0 0 A 1 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B IT WILL BE REVIEWED BY CFO AND DISSEMINATED TO THE FINANCIAL COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION OF OTHER TOP MANAGEMENT PERSONNEL IS BASED ON MARKET STUDIES, ASSESSING THE SALARY OF COMPARABLE INCOMES OF COMPARABLE SIZE AND COMPOSITION OF FREEDOM PREP ACADEMY. STUDIES ARE PERFORMED, SIMILAR TO THE PROCESS DESCRIBED ABOVE, HOWEVER IT IS ASSESSED BY AN INDEPENDENT PERSON, OUTSIDE OF THE ORGANIZATION'S MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC.