2026-02-06T11:26:19-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 261342579 FREEDOM PREPARATORY ACADEMY INC FREE 9018284590 5132 JONETTA STREET MEMPHIS TN 38109 ANIKA BALTIMORE CFO 9018284590 2026-02-05 1 1 WADE MCMULLEN P00541671 9099857286 2026-02-05 2024 2025-03-06 01:10:19Z ANIKA BALTIMORE 30495662 0 X WWW.FREEDOMPREP.ORG X 2008 TN FREEDOM PREPARATORY ACADEMY PREPARES ALL STUDENTS IN GRADES K-12 TO EXCEL IN COLLEGE AND IN LIFE. IT'S FOCUS IS A CLEAR STRATEGIC AND DIRECT PATH TO COLLEGE FOR EVERY STUDENT THAT ENTERS OUR DOORS. 7 7 485 110 0 0 34511322 29633576 860350 862086 0 0 0 0 35371672 30495662 0 0 0 0 19694086 19959554 0 0 0 13411256 9496331 33105342 29455885 2266330 1039777 56868948 57153273 26601563 25846111 30267385 31307162 FREEDOM PREPARATORY ACADEMY PREPARES ALL STUDENTS IN GRADES K-12 TO EXCEL IN COLLEGE AND IN LIFE. IT'S FOCUS IS A CLEAR STRATEGIC AND DIRECT PATH TO COLLEGE FOR EVERY STUDENT THAT ENTERS OUR DOORS. 0 0 19594592 0 862086 FREEDOM PREP ACCOMPLISHES THIS MISSION OF COLLEGE PREPARATION THROUGH A HIGHLY STRUCTURED, CADEMICALLY-CHALLENGING ENVIRONMENT WHERE STUDENTS MASTER THE CORE SUBJECTS, DEVELOP ADVANCED ACADEMIC SKILLS, PARTICIPATE IN CHARACTER-BUILDING EXTRA-CURRICULAR ACTIVITIES AND SPORTS, AND DEMONSTRATE THE SCHOOL'S CORE VALUES. 19594592 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 150 0 1 485 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 TN X ANIKA BALTIMORE 9012879271 136 WEBSTER AVENUE MEMPHIS TN 38126 CARDELL ORRIN DIRECTOR 1.00 X 0 0 0 BRUCE LANDAU SECRETARY 1.00 X X 0 0 0 RICH BILLINGS TREASURER 1.00 X X 0 0 0 JOHN CORNES CHAIRMAN 1.00 X X 0 0 0 ANDRE GIBSON CHAIRMAN 1.00 X X 0 0 0 MICHELLE MERCADO VICE CHAIRMAN 1.00 X X 0 0 0 KIM POST DIRECTOR 1.00 X 0 0 0 ROBLIN WEBB CEO/FOUNDER 40.00 X 217864 0 13869 RHONDA MYLES CHIEF PEOPLE OFFICER 40.00 X 178472 0 29946 JOHNECIA HOWARD COO 40.00 X 162512 0 29226 ANIKA BALTIMORE CFO 40.00 X 175271 0 18875 ARTHUR ROSENTHAL HEAD OF SCHOOL 40.00 X 100949 0 29415 NATASHA JEAN-LOUIS HEAD OF SCHOOL 40.00 X 100378 0 22076 SHAYLA MORGAN HEAD OF SCHOOL 40.00 X 113578 0 10709 MEGAN STITZINGER CHIEF OF STAFF 40.00 X 170658 0 18515 NATASHA SMITH HEAD OF SCHOOL 40.00 X 102865 0 21260 1322547 0 193891 10 0 1 0 TECHNOLOGYX INC 118 N GERMANTOWN PKWY SUITE 101 CORDOVA TN 38016 MANAGED DEVICE SERVICES 527535 WEST MEMPHIS FENCE & CONSTRUCTION INC 410 JEFFERSON AVENUE PO BOX 1565 WEST MEMPHIS AR 72303 CONSTRUCTION SERVICES 302987 136 WEBSTER LLC 431 SOUTH MAIN STREET SUITE 301 MEMPHIS TN 38103 LANDLORD 266103 MAGNOLIA SUPPLY & SERVICE INC 580 TILLMAN STREET MEMPHIS TN 38112 JANITORIAL SUPPLIES 149703 4 27746069 1887507 29633576 MISCELLANEOUS SCHOOL-RELATED REVE 611600 862086 862086 862086 30495662 862086 0 0 849752 849752 15057566 12489952 2567614 909676 792009 117667 2190804 1860446 330358 951756 789463 162293 13345 13345 146276 146276 1252233 442036 810197 23788 23788 698280 356123 342157 432406 129722 302684 873547 262064 611483 281677 281677 862956 862956 1762728 528818 1233910 344549 344549 FOOD SERVICE 1503821 955446 548375 INSTRUCTIONAL MATERIALS 793683 793683 STUDENT ACTIVITIES 445076 176240 268836 REPAIRS AND MAINTENANCE 158802 47641 111161 -96836 -29051 -67785 29455885 19594592 9861293 0 14174693 12584520 974682 784239 3648 266213 49972 149084 42910804 8566912 35525381 34343892 669886 2475190 5470686 6550135 56868948 57153273 1395464 1021908 9000 21173860 20757926 4032239 4057277 26601563 25846111 X 30267385 31307162 0 0 0 0 30267385 31307162 56868948 57153273 1039777 0 X 0 1 X 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35970192 3698769 32271423 1410748 406513 1004235 5529864 4461630 1068234 34343892 NET PENSION ASSET 3172028 TCRS STABILIZATION RESERVE TRUST 1273660 PENSION RELATED DEFERRED OUTFLOWS 2088924 OTHER CURRENT ASSETS 15523 6550135 RETIREMENT CONTRIBUTION PAYABLE 147645 ACCRUED COMPENSATED ABSENCES 570482 DEFERRED INFLOWS RELATED TO PENSION 1140726 RIGHT TO USE LEASE LIABILITY, DUE WITHIN ONE YEAR 354891 RIGHT TO USE LEASE LIABILITY, DUE IN MORE THAN ONE YEAR 1843533 4057277 X 30495662 0 30495662 0 30495662 29455885 0 29455885 0 29455885 PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT SCHOOL THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE, CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, MANAGEMENT HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NONDISCRIMINATION STATEMENT IS INCLUDED ON THE SCHOOL'S APPLICATION AND THE NONDISCRIMINATORY POLICIES ARE DISCUSSED AT THE SCHOOL'S OPEN HOUSE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDS FROM THE SHELBY COUNTY SCHOOLS (SCS) AND THE ACHIEVEMENT SCHOOL DISTRICT (ASD) DIVISION OF THE STATE OF TENNESSEE BASED ON A PER-PUPIL ALLOCATION EQUIVALENT. IT ALSO RECEIVES FEDERAL GRANTS AS DIRECT FUNDING AND PASS-THROUGH FUNDING FROM SCS AND ASD. X X 0 0 0 0 0 0 0 0 0 ROBLIN WEBB CEO/FOUNDER 217864 0 0 0 0 0 13869 0 0 0 231733 0 0 0 RHONDA MYLES CHIEF PEOPLE OFFICER 178472 0 0 0 0 0 11550 0 18396 0 208418 0 0 0 ANIKA BALTIMORE CFO 175271 0 0 0 0 0 11220 0 7655 0 194146 0 0 0 JOHNECIA HOWARD COO 162512 0 0 0 0 0 10830 0 18396 0 191738 0 0 0 MEGAN STITZINGER CHIEF OF STAFF 170658 0 0 0 0 0 10860 0 7655 0 189173 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B IT WILL BE REVIEWED BY CFO AND DISSEMINATED TO THE FINANCIAL COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION OF OTHER TOP MANAGEMENT PERSONNEL IS BASED ON MARKET STUDIES, ASSESSING THE SALARY OF COMPARABLE INCOMES OF COMPARABLE SIZE AND COMPOSITION OF FREEDOM PREP ACADEMY. STUDIES ARE PERFORMED, SIMILAR TO THE PROCESS DESCRIBED ABOVE, HOWEVER IT IS ASSESSED BY AN INDEPENDENT PERSON, OUTSIDE OF THE ORGANIZATION'S MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC.