Free School
- Assets
- $661.6k
- Revenue
- $609.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Albany, NY
- Founding
- 06/1971
- Data as of
- 06/2020
- EIN
- 23-7112492
Organization Overview
Free School is located in Albany, NY. The organization was established in 1971. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2020, Free School employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free 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 06/2020, Free School generated $609.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $230.3k during the year ending 06/2020. While expenses have increased by 1.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FREE SCHOOL IS A PRIVATE SCHOOL THAT EDUCATES CHILDREN FROM PRE K - 8TH GRADE. IT IS LOCATED IN THE INNER CITY OF ALBANY AND ENDEAVOURS TO PROVIDE A QUALITY EDUCATION TO THE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FREE SCHOOL IS A PRIVATE SCHOOL THAT EDUCATES CHILDREN FROM PRE K- 8TH GRADE. IT IS LOCATED IN THE INNER CITY OF ALBANY AND ENDEAVOURS TO PROVIDE A QUALITY EDUCATION TO THE YOUTH.
THE FREE SCHOOL IS A PRIVATE SCHOOL THAT EDUCATES CHILDREN FROM PRE K- 8TH GRADE. IT IS LOCATED IN THE INNER CITY OF ALBANY AND ENDEAVOURS TO PROVIDE A QUALITY EDUCATION TO THE YOUTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Kelly Executive Dir. | Officer | 40 | $0 |
Dan Yacobellis President | Officer | 5 | $0 |
Josalynn Smith Vice President | Officer | 5 | $0 |
Alexis Bhagat Secretary | Officer | 5 | $0 |
Fawn Potash Treasurer | Officer | 5 | $0 |
Kathy Manley Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,538 |
| Investment income | $456 |
| 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 | $609,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,104 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,719 |
| Payroll taxes | $9,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $6,181 |
| Advertising and promotion | $418 |
| Office expenses | $5,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,759 |
| Insurance | $5,026 |
| All other expenses | $0 |
| Total functional expenses | $230,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $661,642 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $661,642 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Free School has recieved totaling $115,926.
| Awarding Organization | Amount |
|---|---|
Eutopia Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $25,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $10,000 |
The Center For Enpowered Politics San Francisco, CA PURPOSE: BLACK POLICY INSTITUTE STIPEND | $5,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Brunswick School Inc Greenwich, CT | $416,319,503 | $63,510,846 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |