Freire Charter School
- Assets
- $16.9m
- Revenue
- $20.6m
- Investments
- $0.0
- Employees
- 184
- Location
- Philadelphia, PA
- Founding
- 11/1999
- Data as of
- 06/2023
- EIN
- 23-3001981
Organization Overview
Freire Charter School is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Freire Charter School employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freire Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Freire Charter School generated $20.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $20.2m during the year ending 06/2023. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE A COLLEGE-PREPARATORY LEARNING EXPERIENCE WITH A FOCUS ON INDIVIDUAL FREEDOM, CRITICAL THINKING, AND PROBLEM SOLVING IN AN ENVIRONMENT THAT EMPHASIZES THE VALUES OF COMMUNITY, TEAMWORK, EQUITY, AND COMMITMENT TO PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREIRE CHARTER SCHOOL PROVIDES A RIGOROUS EDUCATION IN A SAFE, CREATIVE, AND SUPPORTIVE ENVIRONMENT THAT ENABLES AND INSPIRES ALL STUDENTS TO ACHIEVE. WE SERVE APPROXIMATELY 1,000 STUDENTS IN GRADES 5-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiara Allison Director | Trustee | 1 | $0 |
Paul Archibald Director | Trustee | 1 | $0 |
William Brinkman Director | Trustee | 1 | $0 |
David Bryant Chair | OfficerTrustee | 1 | $0 |
Lisa Hoffstein Director | Trustee | 1 | $0 |
Nicole Jenkins Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freire Schools Collaborative Charter Support Services | 6/29/23 | $1,594,512 |
School District Of Philadelphia Contracted Transportation Services | 6/29/23 | $538,925 |
Brett Dinovi & Associates Llc Contracted Behavoiral Support Services | 6/29/23 | $353,161 |
Clean Tech Services Inc Custodial Services | 6/29/23 | $310,857 |
Specialized Education Of Pennsylvania In Contracted Education Services-approved P | 6/29/23 | $218,638 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,226,111 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,489 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,326,600 |
| Total Program Service Revenue | $14,279,616 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,606,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $262,409 |
| Compensation of current officers, directors, key employees. | $26,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,984,223 |
| Pension plan accruals and contributions | $355,118 |
| Other employee benefits | $2,390,903 |
| Payroll taxes | $728,150 |
| Fees for services: Management | $1,549,349 |
| Fees for services: Legal | $60,849 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $745,727 |
| Advertising and promotion | $26,737 |
| Office expenses | $105,680 |
| Information technology | $455,752 |
| Royalties | $0 |
| Occupancy | $814,119 |
| Travel | $567,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $728,677 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,165,487 |
| Insurance | $176,314 |
| All other expenses | $0 |
| Total functional expenses | $20,215,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,284,842 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,244,494 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,965 |
| Net Land, buildings, and equipment | $3,122,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,233,488 |
| Total assets | $16,927,104 |
| Accounts payable and accrued expenses | $1,671,514 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $943,275 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,318,899 |
| Total liabilities | $16,933,688 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,899,787 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,931,230 |
| Retained earnings, endowment, accumulated income, or other funds | -$4,837,601 |
| Total liabilities and net assets/fund balances | $16,927,104 |