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Freedom Classical Academy

North Las Vegas, NV · EIN 81-3295172 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Freedom Classical Academy reported $12.3 million in revenue and $10.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.68 went to program services, $27.32 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.2% of the total. Government grants made up 96.2%. The highest compensation it reported for one person was $278,466 (EXECUTIVE DIRECTOR). 4 people received more than $100,000 in reportable compensation. Revenue rose 24% between FY2022 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
72.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
27.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
96.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$278,466$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.65%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.813.3
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$7.6M expenses · 100.0% of program spending

Fca's exempt purpose is to operate a school and devote 100% of its time, resources, and activities to the operation of the school and the provision of education to its students. Its mission is to prepare future leaders through education that promotes liberty and virtue

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Key employee, 40.00 hrs/week
$190,449$0$88,017$278,466
ASSISTANT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$122,517$0$26,117$148,634
BUSINESS MANAGER
Highest compensated employee, 40.00 hrs/week
$114,078$0$26,352$140,430
FISCAL MANAGER
Highest compensated employee, 40.00 hrs/week
$101,213$0$17,275$118,488

4 people received more than $100,000 in reportable compensation from Freedom Classical Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $191K (Part IX, line 5).

4 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2022FY2023FY2024FY2025$12M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$11M72.7%$5.0M$278,466
FY2024 ⓘ$12M$11M73.7%$3.8M$256,322
FY2023 ⓘ$9.6M$9.5M71.8%$2.7M$234,842
FY2022 ⓘ$9.9M$8.7M71.5%$2.6M$207,054

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5146
  • Volunteers Part I, line 6200

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHARTER SCHOOL MANAGEMENT CORPORATION
Back office support
$206,308
SLA MANAGEMENT
Food management
$178,788

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Freedom Classical Academy totaling $397 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Freedom Classical Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Freedom Classical Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Nevada

Questions people ask

How much of Freedom Classical Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Freedom Classical Academy reported that 72.7% of its $10.5 million in expenses went to program services, 27.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Freedom Classical Academy pay its top executive?

The largest total compensation Freedom Classical Academy reported for one person in the fiscal year ending June 30, 2025 was $278,466, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Freedom Classical Academy get its money?

Of $12.3 million in revenue in the fiscal year ending June 30, 2025, 96.2% came from contributions and grants (including 96.2% from government grants) and 0.3% from program service revenue (Form 990, Part VIII).

Is Freedom Classical Academy a registered charity?

The IRS lists EIN 81-3295172 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349308295 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531279349303813 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410459349302811 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349307167 · read the filing

All filings for EIN 81-3295172: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.