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Nonprofit · EIN 51-0584248

FREEDOM ACADEMY INC

Tax-exempt · PHOENIX, AZ 85050

Financials

$3.7M$3.8M2022$3.8M$3.6M2023$3M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of FREEDOM ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,023,730$3,490,293-$466,563$8,614,111$5,951,817$2,662,294
June 30, 2024990$3,798,050$3,636,593$161,457$9,286,107$6,157,250$3,128,857
June 30, 2023990$3,727,152$3,771,040-$43,888$9,187,313$6,219,913$2,967,400
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$220,295
of which government grants
$210,617
Program service revenue
$2,753,946
Investment income
$47,148
Other revenue
$2,341

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$131,859
Other salaries and wages
$1,717,632
Salaries, compensation and benefits (total)
$1,849,491
Professional fundraising fees
$0
Legal fees
$14,237
Accounting fees
$110,512
Travel
$36,194
Depreciation
$197,809
Program services (functional)
$2,690,483
Management and general (functional)
$794,266
Fundraising (functional)
$5,544

Balance sheet and other

Total assets, start of year
$9,286,107
Total assets, end of year
$8,614,111
Total liabilities, end of year
$5,951,817
Net assets, end of year
$2,662,294
Land, buildings and equipment
$4,001,304
Net assets without donor restrictions
$2,615,948
Net assets with donor restrictions
$46,346
Gross receipts
$3,023,730
Employees
0
Volunteers
25
Year formed
2006
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JULIE DOWNINGPRINCIPAL
Officer
65$87,834$2,775
KEVEN BARKERSCHOOL DIREC
Officer
85$41,250$0
CHRISTY NARSIPRESIDENT
Trustee or director, Officer
3$0$0
NOEL ROBERTSSECRETARY
Trustee or director, Officer
3$0$0
ATWOOD STANDLEYVICE PRESIDE
Trustee or director, Officer
2$0$0
MARK VITESECRETARY
Trustee or director, Officer
25$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
JULIE DOWNINGPRINCIPAL
Officer
65$80,000$7,850
KEVEN BARKERSCHOOL DIREC
Officer
85$50,250$0
TERI AZLINMEMBER
Trustee or director
1$0$0
CHRISTY NARSIPRESIDENT
Trustee or director, Officer
3$0$0
ATWOOD STANLEYVICE PRESIDE
Trustee or director, Officer
1$0$0
MARK VITESECRETARY
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
JULIE DOWNINGPRINCIPAL
Officer
40$80,000$7,850
KEVEN BARKERSCHOOL DIREC
Officer
25$50,250$0
TERI AZLINMEMBER
Trustee or director
1$0$0
CHRISTY NARSIPRESIDENT
Trustee or director, Officer
3$0$0
ATWOOD STANDLEYVICE PRESIDE
Trustee or director, Officer
0.5$0$0
MARK VITESECRETARY
Trustee or director, Officer
25$0$0

Address and contacts

Address (IRS master file)
22616 N 39TH TER, PHOENIX, AZ 85050-5406
In care of
% MICHAEL REIMAN
Principal officer (990 for 2024)
CHRISTY NARSI, 3916 E PARADISE LANE, PHOENIX, AZ 85032
Signed the 990
CHRISTY NARSI, PRESIDENT
Phone
(602) 424-0771
Return prepared by
FESTER & CHAPMAN PLLC

Mission

FREEDOM ACADEMY WILL PROVIDE EACH STUDENT AN EQUAL EDUCATION THAT WILL EQUIP THEM FOR THE FUTURE BY TEACHING CHARACTER WITH INTEGRITY, HONOR AND LEADERSHIP, THE DESIRE TO BECOME LIFELONG LEARNERS, AND BECOME POSITIVE CONTRIBUTORS AND PARTICIPANTS WITHIN THEIR FAMILIES AND THEIR COMMUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • AT FREEDOM ACADEMY, WE PRIDE OURSELVES ON THE RICH EDUCATION WE PROVIDE FOR STUDENTS AS WELL AS THE GENUINE, HEART-FELT CARE WE OFFER EACH CHILD. WE LOOK FORWARD TO MEETING EACH AND EVERY ONE OF YOU. OUR SCHOOL OFFERS TRADITIONAL K-8 EDUCATION, ENRICHED WITH CHARACTER BUILDING, AND TEAMED WITH TECHNOLOGY, ART, AND P.E. AFTER-SCHOOL CLUBS AND SPORTS PROGRAMS ARE OFFERED. THIS YEAR, WE HAD BASKETBALL, FLAG FOOTBALL, SOCCER, AND CHEER IN ADDITION TO VARIOUS AFTER SCHOOL OPPORTUNITIES. FOR OUR MIDDLE SCHOOL STUDENTS, WE HOST A NJHS LEADERSHIP PROGRAM. THIS PROGRAM ALLOWS MIDDLE SCHOOL STUDENTS THE OPPORTUNITY TO GROW AND DEVELOP THEIR LEADERSHIP SKILLS, STARTING WITH SCHOOL INVOLVEMENT. THE LEADERSHIP STUDENTS SERVE AS ROLE MODELS IN THEIR SCHOOL COMMUNITY AND ARE OFTEN ACTIVELY PARTICIPATING IN EVENTS AT SCHOOL. YOUNGER STUDENTS ARE ENCOURAGED BY THE EXAMPLE LEADERSHIP STUDENTS SET AND CAN'T WAIT TO GET INVOLVED THEMSELVES WHEN THEY ENTER MIDDLE SCHOOL WE ALSO OFFER AN AFTER-SCHOOL HOMEWORK CLUB FOR ALL GRADE LEVELS.
    Expenses $2,690,483 · revenue $2,753,946

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0584248
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$8,614,111
Income (IRS master file)
$3,023,730

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,023,730$3,490,293$8,614,111IRS
990June 2024$3,798,050$3,636,593$9,286,107IRS
990June 2023$3,727,152$3,771,040$9,187,313XML
990June 2022$3,623,676$3,462,807$8,866,915IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0584248).

Questions about FREEDOM ACADEMY INC

What is the EIN of FREEDOM ACADEMY INC?
The employer identification number (EIN) of FREEDOM ACADEMY INC is 51-0584248.
Is FREEDOM ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to FREEDOM ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FREEDOM ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREEDOM ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FREEDOM ACADEMY INC?
The 990 for the year ended June 30, 2025 names CHRISTY NARSI.
Who are the officers and directors of FREEDOM ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $87,834 (JULIE DOWNING, PRINCIPAL).
How much revenue does FREEDOM ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,023,730, expenses of $3,490,293 and total assets of $8,614,111 at year end.

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