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Free Lunch Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472703768 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Free Lunch Academy?

Free Lunch Academy is a nonprofit organization situated in Chicago, Illinois, specifically at 7837 S Colfax Ave. Their primary mission is to empower and support at-risk youth, using arts, culture, and entertainment as their tools. They provide educational entertainment services and social emotional learning training to students in the K-8 grade range. The organization operates on the premise of utilizing social emotional artistic learning to foster character development, not just within classrooms, but also in careers and broader community settings. With a team of five dedicated individuals, Free Lunch Academy aims to make a positive impact on the lives of young people in need.


Official website here: www.freelunchacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Free Lunch Academy has achieved an impressive 97% score, which reflects its strong commitment to accountability and finance, earning it a Four-Star rating. This high rating indicates that the organization effectively utilizes its resources, with a program expense ratio of 70.98%, demonstrating a focus on its mission-driven activities. The charity's governance features a fully independent board, reinforcing its integrity and transparency.

The organization scores full points in several key areas, including having a material diversion of assets score of none and comprehensive policies in place, such as conflict of interest and whistleblower policies. These measures contribute to the overall trustworthiness of Free Lunch Academy and indicate that it adheres to high standards of operational accountability.

While the rating is exceptional, the summary does not highlight any specific limitations or challenges faced by the organization. With its strong fiscal health and transparent governance practices, Free Lunch Academy positions itself as a reliable nonprofit within its sector, focusing on delivering impactful programs effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Free Lunch Academy legitimate?

Free Lunch Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Lunch Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,475

For more financial information, click here


Official website here: www.freelunchacademy.com

What is the mission statement of Free Lunch Academy?

Free Lunch Academy, as an innovative social enterprise, utilizes social emotional artistic learning to foster character development. Their mission extends beyond the classroom, impacting both careers and communities. They aim to empower and support at-risk youth through arts, culture, and entertainment, providing educational entertainment services and social emotional learning training. The academy's goal is to enhance the lives of K-8 grade students, cultivating essential life skills and character traits.


Official website here: www.freelunchacademy.com

Who is the CEO of Free Lunch Academy?

Calvin King is the President of Free Lunch Academy.


Official website here: www.freelunchacademy.com

What is the revenue of Free Lunch Academy?

Free Lunch Academy's revenue in 2022 was $90,401.


Official website here: www.freelunchacademy.com

Who are the executives of Free Lunch Academy and what are their salaries?

The average compensation at Free Lunch Academy during 2022 was $3,095. There are 5 employees at Free Lunch Academy.


Here are 5 key members and their salaries:


Prentice Butler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Parrott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Owens (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin King (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freelunchacademy.com

Where can I find the form 990 for Free Lunch Academy?

Free Lunch Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.freelunchacademy.com

Learn more at the official website: www.freelunchacademy.com

Mission Statement of Free Lunch Academy

Free Lunch Academy, an innovative social enterprise, aims to empower and support at-risk youth by utilizing arts, culture, and entertainment. Their mission is to cultivate character development in various settings, including classrooms, careers, and communities. Through social emotional artistic learning, Free Lunch Academy strives to make a significant impact on young lives, helping them develop essential life skills. During the year, they provided educational entertainment services and social emotional learning training to K-8 grade students, contributing to their overall growth and development.

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Impact




October, 2024

Free Lunch Academy has made a significant impact by empowering and supporting at-risk youth through arts, culture, and entertainment. By focusing on social emotional artistic learning, the organization fosters character development among K-8 grade students. Throughout the year, these students engage in educational entertainment services and receive training in social emotional learning, which equips them with essential life skills.

Located in Chicago, IL, Free Lunch Academy not only enriches the lives of individual students but also strengthens communities by encouraging a culture of creativity and resilience. The emphasis on artistic expression serves as a vital tool for personal growth, helping young individuals navigate challenges and prepare for future academic and career pursuits. The holistic approach to learning positions Free Lunch Academy as an essential resource for nurturing the next generation of creative and emotionally intelligent leaders.




This information is meant to be a general summary of Free Lunch Academy. 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.

Revenue
$90,401 (2022)
Expenses
$98,092 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Program Service Revenue: $34,675
  • Gross Receipts: $90,401

Assets and Liabilities:

  • Total Assets: $116,238
  • Total Liabilities: $2,792
  • Net Assets: $113,446

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenu

Revenue

$34,675

Organization Details

Founding Year

2014

Principal Officer

Calvin King

Main Address

7837 S Colfax Ave, Chicago, IL, 60649

NTEE Category

Code: A60 - Arts

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