Overview
What is Freedom Academy Inc?
Freedom Academy Inc is a nonprofit organization located in Kendallville, Indiana. Established with the aim to address the workforce and educational needs of the community, it offers continuing education to individuals who haven't had the chance to attend a traditional college or technical school. The organization's programs include Health/Medical, Technical, Maintenance, Leadership/Management, Professional, Tutoring, and other classes, serving a total of 480 students. Their mission is to enhance the quality of life for those willing to enrich their education, and they strive to achieve this by providing necessary training. As of the provided information, Freedom Academy Inc employs a team of 10 dedicated individuals.
Official website here: www.freedomacademy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Freedom Academy Inc has received a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived from various measures, with a focus on financial health and governance practices. An 81% score indicates that the organization operates with a sound financial structure and adheres to good governance principles.
The rating highlights several strengths of Freedom Academy, including a fully independent board, indicating strong governance, with 100% of board members being independent. The organization demonstrates a commitment to transparency through its listed website and comprehensive policy documentation, including conflict of interest and whistleblower policies. Additionally, its program expense ratio is notable at 76.30%, suggesting that a significant portion of its resources is allocated to its programs rather than overhead.
While the charity's financial practices are commendable, the rating does not provide insights into programmatic effectiveness or impact, which are equally important for assessing a nonprofit's overall success. Prospective donors may want to consider seeking additional information on program outcomes to complement the financial data presented in this rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Freedom Academy Inc?
It seems that Freedom Academy Inc has received positive attention from early reviewers on Facebook. Although there are currently only three reviews available, one enthusiastic user expressed a strong affinity for the organization, highlighting their positive experience.
With a lack of extensive ratings and diverse feedback, it's clear that the nonprofit is beginning to build a supportive community. As more users engage with Freedom Academy, the overall sentiment could provide a more comprehensive view of its impact and services.
For now, the initial impressions convey a sense of appreciation and satisfaction with Freedom Academy's mission, suggesting that it has the potential to gain further support as it continues to operate.
This AI summary has been generated from reviews found on Facebook.
Is Freedom Academy Inc legitimate?
Freedom Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Academy Inc 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: $105,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,824
For more financial information, click here
Official website here: www.freedomacademy.net
What is the mission statement of Freedom Academy Inc?
Freedom Academy Inc's mission is centered around enhancing the quality of life for individuals who are committed to furthering their education. The organization was established to address the workforce and continuing educational needs of the community by providing necessary training to individuals who have not had the opportunity to attend a traditional college or technical school. Their activities are focused on offering classes in various fields, including health/medical, technical, maintenance, leadership/management, professional, and tutoring, serving a total of 480 students.
Official website here: www.freedomacademy.net
Who is the CEO of Freedom Academy Inc?
Melissa Carpenter is the Executive Di of Freedom Academy Inc.
Official website here: www.freedomacademy.net
What is the revenue of Freedom Academy Inc?
Freedom Academy Inc's revenue in 2022 was $694,620.
Official website here: www.freedomacademy.net
Who are the executives of Freedom Academy Inc and what are their salaries?
The average compensation at Freedom Academy Inc during 2022 was $38,917. There are 10 employees at Freedom Academy Inc.
Here are 4 key members and their salaries:
- Compensation: $105,344
- Related: $0
- Other: $18,716
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freedomacademy.net
Where can I find the form 990 for Freedom Academy Inc?
Freedom Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freedomacademy.net
Learn more at the official website: www.freedomacademy.net
Mission Statement of Freedom Academy Inc
Freedom Academy Inc is dedicated to enhancing the quality of life for individuals who are motivated to enrich their education. Its mission, in essence, revolves around addressing the workforce and continuing educational needs of the community by providing necessary training to individuals who have not had the chance to attend a traditional college or technical school. The organization serves a diverse range of students, including 86 in health/medical, 88 in technical, 98 in maintenance, 233 in leadership/management, 16 in professional fields, and 139 in tutoring programs. By offering these educational opportunities, Freedom Academy Inc aims to contribute to the personal and professional growth of its students, ultimately bettering their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Freedom Academy Inc's impact is significant in enhancing the quality of life for individuals who are eager to enrich their education. By addressing the workforce and continuing educational needs of the community, this organization provides essential training to those who may not have had the opportunity to attend traditional college or technical school. Through various programs like health/medical, technical, maintenance, leadership/management, professional development, and tutoring, Freedom Academy Inc has served a total of 480 students in Kendallville, IN. This impact is instrumental in empowering individuals to improve their employment prospects and overall well-being.
This information is meant to be a general summary of Freedom Academy Inc. 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: $14,630
- Program Service Revenue: $677,510
- Gross Receipts: $694,620
Assets and Liabilities:
- Total Assets: $938,812
- Total Liabilities: $51,586
- Net Assets: $887,226
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$618,967
TEXT/MATERIALS INCOME
Revenue
$58,543
Organization Details
Founding Year
1994
Phone
(260) 347-0887Principal Officer
Melissa Carpenter
Main Address
PO BOX 515, KENDALLVILLE, IN, 46755
Website
www.freedomacademy.netNTEE Category
Code: J220 - Employment
If you are a representative of Freedom Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.