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Freedom Academy Inc

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

EIN: 351935362 ✦ Kendallville, IN ✦ Designated as a 501(c)(3)

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

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.

Here 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:

    Melissa Carpenter (Executive Di)
  • Compensation: $105,344
  • Related: $0
  • Other: $18,716

    • Erica Dekko (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Gatman (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Tipton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.freedomacademy.net

    Where can I find the form 990 for Freedom Academy Inc?

    The 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.

    Impact

    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.




    Wednesday, July 24, 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.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    Principal Officer

    Melissa Carpenter

    Main Address

    PO BOX 515, KENDALLVILLE, IN, 46755

    NTEE 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.