Freedom Academy Inc

Kendallville, IN
Tax-exempt since April 1995
EIN: 35-1935362

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Employment, Job-Related / Vocational Training (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated a school

Organization is a school. Details are reported on Schedule E.

Revenue

$1.13M (2023)

Expenses

$1.29M (2023)

Total Assets

$802k (2023)

Total Liabilities

$43.3k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$1,132,376

Expenses

$1,286,073

Net Income

-$153,697

Net Assets

$758,646

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$414,341	36.6%
Program Services	$699,599	61.8%
Investment Income	$15,561	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,875	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$434,824	33.8%

Assets/Debt
Total Assets	$801,995
Total Liabilities	$43,349
Net Assets	$758,646

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Melissa Carpenter (Executive Di)	$108,706	$0	$18,962
Erica Dekko (President)	$0	$0	$0
Gary Gatman (Vice Preside)	$0	$0	$0
Brenda Hantz (Board Member)	$0	$0	$0
Thomas Leedy (Board Member)	$0	$0	$0
Tracy Tipton (Board Member)	$0	$0	$0

+ View more people

990

Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$694,620

Expenses

$1,224,061

Net Income

-$529,441

Net Assets

$887,226

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,480	0.4%
Program Services	$677,510	97.5%
Investment Income	$9,586	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,044	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$105,344	8.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$283,824	23.2%

Assets/Debt
Total Assets	$938,812
Total Liabilities	$51,586
Net Assets	$887,226

Operated a school

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Melissa Carpenter (Executive Di)	$105,344	$0	$18,716
Erica Dekko (President)	$0	$0	$0
Gary Gatman (Vice Preside)	$0	$0	$0
Tracy Tipton (Board Member)	$0	$0	$0

+ View more people

990

Filed on May 11, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$2,030,669

Expenses

$1,163,327

Net Income

$867,342

Net Assets

$1,475,814

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$962,582	47.4%
Program Services	$1,044,257	51.4%
Investment Income	$8,694	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$15,136	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$105,801	9.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$248,157	21.3%

Assets/Debt
Total Assets	$1,529,780
Total Liabilities	$53,966
Net Assets	$1,475,814

Operated a school

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Melissa Carpenter (Executive Di)	$105,801	$0	$17,676
Erica Dekko (President)	$0	$0	$0
Gary Gatman (Vice Preside)	$0	$0	$0
Tracy Tipton (Board Member)	$0	$0	$0

+ View more people

990

Filed on May 16, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$909,456

Expenses

$990,382

Net Income

-$80,926

Net Assets

$588,453

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,177	0.1%
Program Services	$897,889	98.7%
Investment Income	$6,015	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,238	0.5%
Net Inventory Sales	$0
Other Revenue	$137	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$106,178	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$218,188	22.0%

Assets/Debt
Total Assets	$689,160
Total Liabilities	$100,707
Net Assets	$588,453

Operated a school

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Melissa Carpenter (Executive Di)	$106,178	$0	$16,247
Erica Dekko (President)	$0	$0	$0
Gary Gatman (Vice Preside)	$0	$0	$0
Tracey Tipton (Board Member)	$0	$0	$0

+ View more people

990

Filed on May 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$1,315,171

Expenses

$994,586

Net Income

$320,585

Net Assets

$646,524

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$307,118	23.4%
Program Services	$1,001,136	76.1%
Investment Income	$6,917	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$10,160
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,146	9.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$218,879	22.0%

Assets/Debt
Total Assets	$689,218
Total Liabilities	$42,694
Net Assets	$646,524

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Revenue

$713,421

Expenses

$882,905

Net Income

-$169,484

Net Assets

$288,584

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$410	0.1%
Program Services	$698,245	97.9%
Investment Income	$7,427	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$7,339	1.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$91,944	10.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$189,322	21.4%

Assets/Debt
Total Assets	$434,194
Total Liabilities	$145,610
Net Assets	$288,584

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$902,423

Expenses

$953,500

Net Income

-$51,077

Net Assets

$484,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$250,447	27.8%
Program Services	$639,454	70.9%
Investment Income	$5,828	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,694	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$94,157	9.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$193,538	20.3%

Assets/Debt
Total Assets	$542,702
Total Liabilities	$57,815
Net Assets	$484,887

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$877,242

Expenses

$795,534

Net Income

$81,708

Net Assets

$517,677

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$276,113	31.5%
Program Services	$593,594	67.7%
Investment Income	$4,712	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,823	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,674	12.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$170,910	21.5%

Assets/Debt
Total Assets	$558,283
Total Liabilities	$40,606
Net Assets	$517,677

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$831,789

Expenses

$753,782

Net Income

$78,007

Net Assets

$429,583

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$283,338	34.1%
Program Services	$541,658	65.1%
Investment Income	$4,589	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,204	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,680	12.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$134,366	17.8%

Assets/Debt
Total Assets	$455,596
Total Liabilities	$26,013
Net Assets	$429,583

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$677,290

Expenses

$669,703

Net Income

$7,587

Net Assets

$360,478

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$250,000	36.9%
Program Services	$418,418	61.8%
Investment Income	$3,745	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,127	0.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$93,771	14.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$130,838	19.5%

Assets/Debt
Total Assets	$372,616
Total Liabilities	$12,138
Net Assets	$360,478

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$670,993

Expenses

$625,723

Net Income

$45,270

Net Assets

$353,546

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$250,025	37.3%
Program Services	$413,475	61.6%
Investment Income	$3,983	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,510	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$83,987	13.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$142,807	22.8%

Assets/Debt
Total Assets	$409,444
Total Liabilities	$55,898
Net Assets	$353,546

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$545,456

Expenses

$601,356

Net Income

-$55,900

Net Assets

$294,957

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$250,000	45.8%
Program Services	$287,536	52.7%
Investment Income	$4,738	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,182	0.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$81,579	13.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$270,648	45.0%

Assets/Debt
Total Assets	$332,516
Total Liabilities	$37,559
Net Assets	$294,957

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$573,318

Expenses

$605,679

Net Income

-$32,361

Net Assets

$342,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$255,600	44.6%
Program Services	$307,912	53.7%
Investment Income	$4,904	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,902	0.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$78,855	13.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$173,731	28.7%

Assets/Debt
Total Assets	$350,670
Total Liabilities	$8,364
Net Assets	$342,306

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

Freedom Academy Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $1.13M (2023)

Expenses $1.29M (2023)

Total Assets $802k (2023)

Total Liabilities $43.3k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$1.13M (2023)

Expenses

$1.29M (2023)

Total Assets

$802k (2023)

Total Liabilities

$43.3k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001