Freedom Academy I Inc
Only null% goes to programs Strong reserves Declining revenue
Freedom Academy I Inc is a 501(c)(3) organization based in Fishers, Indiana, registered in 2016, with $67,800 in FY2024 revenue. CharityIndex grades it C+.
11722 Allisonville Rd Ste 103, Fishers, IN, 46038 EIN 46-0822237 Since 2016
Revenue (FY2024)
$68K
▼ 87.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$67K
Net assets
$449K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Freedom Academy I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating81 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Freedom Academy I Inc: 81 mo reserves · +1% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Freedom Academy I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Freedom Academy I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 11722 Allisonville Rd Ste 103, Fishers, IN, 46038
- City
- Fishers
- State
- Indiana
- Category
- Human Services
- Subcategory
- Human Service Organizations
Financial trends
Revenue declined from $194K (FY2019) to $68K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2MNet assets $449K
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$1.2M
Net assets
$449K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,800▼87.6% | $66,800▼87.2% | $449,000▼33.6% | $1,696,000▼1.6% | 990 |
| 2023 | $545,000▲134% | $520,000▲121% | $676,600▼9.3% | $1,724,000▼3.9% | 990 |
| 2022 | $232,500▲25.0% | $235,000▲27.4% | $746,100▼10.5% | $1,793,500▲3.4% | 990 |
| 2021 | $185,930▼40.9% | $184,500▼37.3% | $834,000▼3.8% | $1,734,000▲1.5% | 990 |
| 2020 | $314,430▲62.1% | $294,370▲60.0% | $867,060▲0.4% | $1,709,060▲0.2% | 990 |
| 2019 | $194,000 | $184,000 | $864,000 | $1,706,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $52K total
3 grants to Freedom Academy I Inc totaling $52K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Central Indiana Inc | Program and/or operating support | 2021 | $5,823 |
| United Way of Central Indiana Inc | Program and/or operating support | 2020 | $26,363 |
| United Way of Central Indiana Inc | General support | 2019 | $20,000 |
Similar organizations in Human Services
Human Services
Rebuilding Together Duneland Inc
Chesterton, IN
$68K
Bannual revenue
- Human Services
Pulaski Animal Center Inc
Winamac, IN
$68K
Cannual revenue
Human Services
Kids Market Inc
Winona Lake, IN
$69K
Bannual revenue
Human Services
Hispanic Leadership Coalition Ofnortheast Indiana Inc
Ft Wayne, IN
$69K
Bannual revenue
- Human Services
Casa De Suenos Inc
Indianapolis, IN
$69K
Cannual revenue
- Human Services
Big Time Barbell Inc
Muncie, IN
$67K
C+annual revenue
- Human Services
Triple T Academy
Indianapolis, IN
$69K
Cannual revenue
- Human Services
Son Ministries Inc
Linton, IN
$66K
C+annual revenue
Human Services
Lil Miracles Pregnancy Resource Center Inc
Anderson, IN
$66K
Bannual revenue
- Human Services
Heroes Wildlife Adventures Inc
Brooklyn, IN
$65K
C+annual revenue
Compare Freedom Academy I Inc
Frequently asked questions
- Is Freedom Academy I Inc a legitimate nonprofit?
- Yes. Freedom Academy I Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-0822237, based in Fishers, Indiana. Donations are tax-deductible.
- What is Freedom Academy I Inc's EIN?
- Freedom Academy I Inc's Employer Identification Number (EIN) is 46-0822237.
- How much revenue does Freedom Academy I Inc report?
- Freedom Academy I Inc reported $67,800 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Freedom Academy I Inc have?
- CharityIndex grades Freedom Academy I Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Fishers
Explore more
Data for Freedom Academy I Inc (EIN 46-0822237) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.