Freedom Prep Academy - Mesa is a 501(c)(3) organization based in Gilbert, Arizona, registered in 2022, with $3,644,857 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$3.6M
▲ 76.6% vs prior year
Education median: $200K
Expenses (FY2023)
$2.5M
Net assets
$1.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Prep Academy - Mesa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Prep Academy - Mesa: 9 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
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 Prep Academy - Mesa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Prep Academy - Mesa: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.8M (FY2020) to $3.6M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
32.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$1.1M
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,644,857▲76.6% | $2,468,249▲47.7% | $1,939,965▲154% | $3,012,993▲234% | 990 |
| 2022 | $2,063,915▲26.4% | $1,671,019▲13.9% | $763,357▲72.0% | $902,426▲54.3% | 990 |
| 2021 | $1,633,078▼11.2% | $1,466,638▼7.5% | $443,927▲76.0% | $584,889▲58.0% | 990 |
| 2020 | $1,838,391 | $1,586,341 | $252,193 | $370,286 | 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.
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Data for Freedom Prep Academy - Mesa (EIN 84-3060365) 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.