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Filing year 2023

FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA

Birmingham, Alabama·EIN 88-2959604·NTEE B29 · Education·501(c)(3)
Total revenue
$1.8M
Total assets
$2.9M
Total expenses
$1.1M
Reported officers
6
Mission

FREEDOM PREPARATORY ACADEMY SCHOOL PREPARE ALL STUDENTS IN GRADE K-12 TO EXCEL IN COLLEGE AND IN LIFE. ITS FOCUS IS A CLEAR STRATEGIC AND DIRECT PATH TO COLLLEGE FOR EVERY STUDENT THAT ENTERS OUR DOORS.

Reported officers (all unpaid)

No paid executives reported in 2023. FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA reported 6 unpaid officers and board members on its 990.

Board Chair
Board Treasurer
Member
Member
Member
Member
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA equaled 72% of the organization's total expenses. The median for education organizations is 7%.

This organization (2022)
72%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2021

From $109k in 2021 to $115k in 2022.

$109k
2021
$115k
2022
In today's dollarsEst.
Down 3% in real terms$135k to $131k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 6% from 2021 to 2022, while revenue rose 136%.

$109k in 2021 to $115k in 2022.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2022.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA reported revenue and expenses across 3 filing years.

RevenueExpenses
$250k
$168k
2021
$590k
$159k
2022
$1.8M
$1.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Alabama

FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Alabama earns a median of $69,108.

25th percentile
$25k
Median
$69,108
75th percentile
$130k
90th percentile
$224k

These are education sector-wide figures, not this organization's reported pay. Based on 249 organizations across 249 filings (2022 – 2024).

See full Education pay data for Alabama

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FAQ

Common questions about FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA

What are FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA's revenue and expenses?

In 2023, FREEDOM PREPARATORY ACADEMY CHARTER SCHOOL ALABAMA reported $1.8M in total revenue and $1.1M in total expenses on its IRS Form 990.

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