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FREEDOM PREP CHARTER SCHOOL

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Public IRS 990 nonprofit record

FREEDOM PREP CHARTER SCHOOL

EIN 20-0683866 · Charter Schools (B29)

What they do

to EDUCATE RESPONSIBLE CITIZENSCHOLARS for SUCCESS IN THE COLLEGE of THEIR CHOICE and A LIFE of ACTIVE CITIZENSHIP.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $67.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

What leaders were paid

Reported for tax year 2022

These compensation amounts were reported by the charity on its Form 990. They are already included within the charity’s reported expenses—not extra amounts to add to the spending totals below.

Person and titleReported compensation
WYOMIA SCOTTEXECUTIVE DIRECTOR · 40 hrs/week $228,771Base $224,101 · Other $4,670
PIA GARBUTTPRINCIPAL · 40 hrs/week $154,768Base $149,003 · Other $5,765
AMANDA TAYLORPRINCIPAL · 40 hrs/week $151,496Base $148,459 · Other $3,037
GERMAINE TARYERPRINCIPAL · 40 hrs/week $124,778
KERSTEEN FORSYTHEHR MANAGER · 40 hrs/week $115,119

Compensation alone does not tell whether pay is reasonable. Compare it with the charity’s size, work, location, and documented results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

Why can this be over 100%?The charity reported $19,923,524 in revenue and $20,414,104 in total expenses. It spent $490,580 more than it received that year, so a spending category can exceed 100% of that year’s revenue.These percentages use the charity’s reported Form 990 amounts—not an estimate or a website calculation error. The filing alone does not explain how the gap was covered.
68.61%mission spending compared with this year’s revenue67.0% of all expenses · Form 990 program services
$102.46spent for every $100 of revenueSpending was higher than revenue this year.
33.85%management spending compared with this year’s revenue33.0% of all expenses
$0.55in assets for every $1 spent this yearSome assets cannot be spent right away.
24.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $490,580 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$19,923,524
Mission workProgram services$13,670,06768.61% of revenue67.0% of expenses
ManagementOffice and general costs$6,744,03733.85% of revenue33.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$20,414,104102.46% of revenue

Why this can exceed 100%: the charity reported $20,414,104 in expenses against $19,923,524 in revenue. The ring shows the first $100 of revenue; the full Form 990 percentage appears below. This is not a website calculation error.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2022CurrentExpense mix: 67.0% mission · 33.0% management · 0.0% fundraisingTotal expenses: 102.46% of revenue
2021Expense mix: 81.6% mission · 18.4% management · 0.0% fundraisingTotal expenses: 94.40% of revenue
2020Expense mix: 53.8% mission · 46.2% management · 0.0% fundraisingTotal expenses: 79.97% of revenue
2019Expense mix: 51.0% mission · 49.0% management · 0.0% fundraisingTotal expenses: 97.36% of revenue
2018Expense mix: 71.5% mission · 28.5% management · 0.0% fundraisingTotal expenses: 103.27% of revenue
2017Expense mix: 71.8% mission · 28.2% management · 0.0% fundraisingTotal expenses: 104.58% of revenue
2016Expense mix: 66.6% mission · 33.4% management · 0.0% fundraisingTotal expenses: 99.56% of revenue
2015Expense mix: 68.9% mission · 31.1% management · 0.0% fundraisingTotal expenses: 99.64% of revenue

Money in and money out

Revenue$19,923,524
Expenses$20,414,104
Annual shortfall $490,580 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,670,067 · 67.0% of expenses
Management and office costs$6,744,037 · 33.0% of expenses
See all reported dollar amounts
Revenue$19,923,524
Expenses$20,414,104
Assets$11,273,151
Income$19,923,524
Contributions$4,887,188
Mission work (program services)$13,670,067
Management and general$6,744,037
Executive compensation (total)$3,610,913
Accounting fees$243,528
People

Leadership and board

Tax year 2022

Names, titles, and time below are reported by the organization on its Form 990. Reported compensation is shown near the top beside the spending summary.

See everyone listed on the board or leadership roster (11)

WYOMIA SCOTTEXECUTIVE DIRECTOR

PIA GARBUTTPRINCIPAL

AMANDA TAYLORPRINCIPAL

GERMAINE TARYERPRINCIPAL

KERSTEEN FORSYTHEHR MANAGER

ALEX JONESMEMBER

ALEX ROSADO-TORRESMEMBER

JAMES FRIDIEMEMBER

KRYSTIE BIRDSALLPRESIDENT

MATTHEW DAVIDDOFFVICE PRESIDENT

TOMAS VARELAMEMBER

About this charity

Recognized since
January 2008
Location
158 S MAIN ST, HIGHTSTOWN, NJ 08520-3346
County
Morris
In care of
% BENJAMIN FEIT
Primary officer
SCOTT LOEFFLER, DISSOLUTION TRUSTEE

How to reach them

Filing and classification

Latest tax year
2022
Tax period began
July 1, 2022
Return type
990
Tax preparer
OLUGBENGA OLABINTAN CPA INC
NTEE classification
Charter Schools (B29)
IRS tax category
Charter Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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