PHOENIX, AZ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FREEDOM ACADEMY INC, founded in 2006, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 15% operating deficit.
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,023,730 | $3,798,050 | -0.2% |
| Expenses | $3,490,293 | $3,636,593 | 0.0% |
| Net Income | $-466,563 | $161,457 | -3.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JULIE DOWNING | PRINCIPAL | 65.00 |
Officer
|
$87,834 | $2,775 | $90,609 |
| KEVEN BARKER | SCHOOL DIREC | 85.00 |
Officer
|
$41,250 | $0 | $41,250 |
| CHRISTY NARSI | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| NOEL ROBERTS | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ATWOOD STANDLEY | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK VITE | SECRETARY | 25.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,023,730 | $3,490,293 | $8,614,111 | $-466,563 |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,727,152 | $3,771,040 | $9,187,313 | $-43,888 |
| 2022 | $3,623,676 | $3,462,807 | $8,866,915 | $160,869 |
| 2021 | $3,356,515 | $3,042,899 | $8,748,638 | $313,616 |
| 2020 | $3,129,054 | $2,749,736 | $8,246,673 | $379,318 |
| 2019 | $3,469,519 | $3,073,505 | $7,878,911 | $396,014 |
| 2018 | $4,233,865 | $3,876,532 | $7,569,637 | $357,333 |
Compare FREEDOM ACADEMY INC with other nonprofits in Arizona and across the country.