Overview
What is The Freedom Academy Foundation?
The Freedom Academy Foundation is a nonprofit organization based in Provo, Utah. They run a charter school catering to students from kindergarten to 12th grade. With a dedicated workforce of 409 individuals, the foundation is committed to providing quality education in the State of Utah.
Official website here: www.freedomprep.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Freedom Academy Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in some areas of accountability and financial transparency. While the organization scores well in aspects such as board independence and financial oversight, it falls short in critical areas like the absence of a whistleblower policy and a lack of documented retention and destruction policies.
Strengths of the foundation include a high program expense ratio, suggesting that a significant portion of its funds is directed towards its programs, which is a positive sign for donors. The organization has an independent board with a strong governance structure, which enhances its credibility and operational integrity.
However, the foundation's liabilities exceed its assets, raising concerns about financial stability. Additionally, the absence of key documents on its website, such as the tax form, limits transparency for stakeholders. Overall, while there are commendable aspects within the organization, potential supporters may want to consider these limitations before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is The Freedom Academy Foundation legitimate?
The Freedom Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Freedom Academy Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $225,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,542,934
For more financial information, click here
Official website here: www.freedomprep.net
What is the mission statement of The Freedom Academy Foundation?
The Freedom Academy Foundation is a charter school catering to students from kindergarten through 12th grade. The educational institution's mission is centered around providing quality education to its students. The Foundation strives to create a learning environment that fosters academic growth and development, preparing its students for future success. By offering a comprehensive curriculum, The Freedom Academy Foundation aims to equip students with the essential skills and knowledge they need to thrive in their academic pursuits and beyond. Additionally, the Foundation is committed to fostering a supportive learning community that encourages students to reach their full potential. Through its dedicated approach to education, The Freedom Academy Foundation is making a difference in the lives of its students.
Official website here: www.freedomprep.net
Who is the CEO of The Freedom Academy Foundation?
Grayson Wolf is the Director of The Freedom Academy Foundation.
Official website here: www.freedomprep.net
What is the revenue of The Freedom Academy Foundation?
The Freedom Academy Foundation's revenue in 2023 was $26,434,172.
Official website here: www.freedomprep.net
Who are the executives of The Freedom Academy Foundation and what are their salaries?
The average compensation at The Freedom Academy Foundation during 2023 was $23,885. There are 409 employees and 50 volunteers at The Freedom Academy Foundation.
Here are 5 key members and their salaries:
- Compensation: $225,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freedomprep.net
Where can I find the form 990 for The Freedom Academy Foundation?
The Freedom Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freedomprep.net
Learn more at the official website: www.freedomprep.net
Mission Statement of The Freedom Academy Foundation
The Freedom Academy Foundation, a distinguished charter school based in Utah, is dedicated to educating students from kindergarten through twelfth grade. This respected institution is committed to providing a high-quality learning experience that prepares young minds for the future.
In line with its mission, The Freedom Academy Foundation offers an engaging and comprehensive educational program. By fostering a nurturing and supportive environment, this charter school ensures every student reaches their full potential. With a strong focus on academic excellence and personal growth, The Freedom Academy Foundation sets the foundation for its students' success.
The Freedom Academy Foundation's approach to education goes beyond the textbooks. They believe in creating a well-rounded learning experience that extends beyond the classroom. Through innovative teaching methods and a commitment to fostering curiosity, students are encouraged to explore their interests and develop critical thinking skills.
The charter school's dedication to its students extends beyond academics. By offering a supportive and inclusive learning community, The Freedom Academy Foundation encourages students to develop essential life skills and build strong relationships. With a focus on character development, students learn the importance of respect, empathy, and responsibility.
The Freedom Academy Foundation's unwavering commitment to its mission ensures that every student receives the best possible education. By fostering a culture of academic excellence and personal growth, this charter school empowers its students to thrive and succeed in today's complex world.
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Impact
October, 2024
The Freedom Academy Foundation operates a charter school in Provo, Utah, serving students from kindergarten through 12th grade. Its impact is rooted in providing a comprehensive educational experience that fosters a strong foundation for academic achievement. By focusing on innovative teaching methods and personalized learning approaches, the academy empowers students to excel both academically and personally.
The foundation's commitment to education cultivates critical thinking, creativity, and a sense of community among students, preparing them for future challenges and opportunities. Through its emphasis on a well-rounded curriculum, the Freedom Academy Foundation enhances the educational landscape in Utah, promoting equity and access to quality education for all students. This initiative not only benefits individual students but also contributes positively to the broader community by shaping engaged and informed citizens.
This information is meant to be a general summary of The Freedom Academy Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $240,590
- Program Service Revenue: $14,600,122
- Gross Receipts: $26,434,172
Assets and Liabilities:
- Total Assets: $65,545,272
- Total Liabilities: $70,857,703
- Net Assets: -$5,312,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Food services
Revenue
$839,623
Instruction grants
Revenue
$13,275,805
Local instruction
Revenue
$148,250
School food services
Revenue
$300,720
Student services
Revenue
$32,772
Organization Details
Phone
(801) 437-3100Principal Officer
Grayson Wolf
Main Address
1190 West 900 North, Provo, UT, 84604
Website
www.freedomprep.netNTEE Category
Code: B29 - Education
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