Overview
What is Freedom Prep Charter School?
Freedom Prep Charter School is a New Jersey-based educational institution, located at 1000 Atlantic Avenue in Camden, serving a maximum of 1,020 students in grades K-12. With an enrollment of 769 students during the 2021-2022 school year, Freedom Prep provides an alternative for families seeking quality education that goes beyond the typical offerings of other schools. Emulating a no-excuses approach, Freedom Prep extends the school day and year, delivers rigorous college-prep academics, and utilizes data-driven instruction and resource allocation. The school maintains consistent cultural and academic expectations and boasts exceptional talent among its faculty. However, what sets Freedom Prep apart from other charter schools are its commitments to educating all students in all subjects across all grades, fostering authentic civic leadership and engagement, and operating on public funds. Freedom Prep's mission is to develop responsible citizen-scholars who will succeed in their college of choice and lead active, engaged lives.
Official website here: www.freedomprepcs.org/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 89%, Three-Star out of Four Star rating.
Freedom Prep Charter School has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and finance management. The overall score reflects a robust focus on governance, with 100% of its board members being independent, showcasing a commitment to maintaining an unbiased leadership structure that is essential for effective oversight.
The organization demonstrates sound financial practices, with a program expense ratio of 68.50%, suggesting that a significant portion of its budget is directed towards its educational programs. Additionally, it has well-defined policies regarding conflict of interest and whistleblower protections, contributing to transparency and ethical operations.
While Freedom Prep excels in accountability, some areas could benefit from improvement, such as its liabilities to assets ratio, which stands at 53.69%. This indicates that while the organization is managing its finances effectively, there may be room for enhancing financial stability to ensure long-term sustainability. Overall, the nonprofit showcases strong governance and financial practices, making it a reliable choice for supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Freedom Prep Charter School legitimate?
Freedom Prep Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Prep Charter School 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: $614,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,373,805
For more financial information, click here
Official website here: www.freedomprepcs.org/
What is the mission statement of Freedom Prep Charter School?
Freedom Prep Charter School is dedicated to educating responsible citizen-scholars, preparing them for success in college and an active citizenship. The charter school offers an exceptional alternative for students who might otherwise attend schools that do not meet their needs. With a refined no-excuses approach, Freedom Prep goes beyond traditional attributes linked to improved student learning outcomes, such as extended school days and years, rigorous college-prep academics, data-informed decisions, and consistent cultural and academic expectations. Unique to Freedom Prep are its commitments to educating all students in all subjects across all grades, authentic civic leadership and engagement, and operating on public funds.
Official website here: www.freedomprepcs.org/
Who is the CEO of Freedom Prep Charter School?
Joshua Solow is the President of Freedom Prep Charter School.
Official website here: www.freedomprepcs.org/
What is the revenue of Freedom Prep Charter School?
Freedom Prep Charter School's revenue in 2022 was $20,434,342.
Official website here: www.freedomprepcs.org/
Who are the executives of Freedom Prep Charter School and what are their salaries?
The average compensation at Freedom Prep Charter School during 2022 was $41,843. There are 167 employees and 8 volunteers at Freedom Prep Charter School.
Here are 15 key members and their salaries:
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- Compensation: $77,402
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Official website here: www.freedomprepcs.org/
Where can I find the form 990 for Freedom Prep Charter School?
Freedom Prep Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freedomprepcs.org/
Learn more at the official website: www.freedomprepcs.org/
Mission Statement of Freedom Prep Charter School
Freedom Prep Charter School, a dynamic educational institution, is dedicated to nurturing responsible citizen-scholars who thrive in their chosen colleges and lead active civic lives. The school's mission is geared towards educating students in all subjects across all grades, ensuring no student is left behind. Freedom Prep goes beyond the traditional attributes linked to improved student learning outcomes, such as extended school days and years, rigorous college-prep academics, data-driven instruction, consistent cultural and academic expectations, and top-tier faculty.
Furthermore, Freedom Prep sets itself apart with its commitment to authentic civic leadership and engagement. This unique aspect encourages students to embrace their roles as responsible citizens and contribute meaningfully to their communities. The school's operating model relies on public funds, ensuring accessibility and affordability for families who might otherwise be confined to schools that do not cater to their needs. In the 2021-2022 academic year, Freedom Prep served 769 students, providing an exceptional alternative to those seeking a more effective educational experience.
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Impact
October, 2024
Freedom Prep Charter School has established a meaningful impact in the Camden, NJ community by providing a robust educational alternative for students and families. With a maximum enrollment capacity of 1,020 students, the school served 769 students in the 2021-2022 academic year, demonstrating its role as a vital resource for those who may face challenges in traditional education settings.
The school’s "no excuses" approach optimally combines proven strategies to enhance student learning outcomes, including extended school days, rigorous college-preparatory academics, and a strong data-driven instructional framework. This commitment ensures that educational quality remains high and that students receive the support needed to thrive.
Additionally, Freedom Prep prioritizes authentic civic leadership and engagement alongside academic excellence, preparing students not just for college, but for active citizenship. By addressing the needs of all students across various subjects and grades, Freedom Prep fosters a well-rounded educational experience that emphasizes personal responsibility and community involvement, ultimately shaping informed and engaged citizen-scholars ready to contribute positively to society.
This information is meant to be a general summary of Freedom Prep Charter School. 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 2022.
- Investment Income: $664
- Program Service Revenue: $12,399,555
- Gross Receipts: $20,434,342
Assets and Liabilities:
- Total Assets: $12,006,247
- Total Liabilities: $7,626,839
- Net Assets: $4,379,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER CAPITA AID
Revenue
$12,399,547
STUDENT ACTIVITIES
Revenue
$8
Organization Details
Founding Year
2005
Phone
(856) 962-0766Principal Officer
Joshua Solow
Main Address
1000 ATLANTIC AVENUE, CAMDEN, NJ, 08104
Website
www.freedomprepcs.org/NTEE Category
Code: B29 - Education
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