Freedom Scholar Learning Center FY2024 filing

Tax-deductible

Rochester, NY501(c)(3)Human ServicesEIN 85-3080927Revenue $334K in FY2024

On file with the IRSfreedomscholarslc.orgPo Box 10321, 14610-0321 · Rochester, NYTax-exempt since Nov 2022Publicly supported charity — 170(b)(1)(A)(vi)

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Safe place where children, youth and families can engage in a variety of learning.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$59K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $18K a year · 6% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$59K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $150K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$171K
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$334K
+49% vs prior year
Spent
$330K
To programs
53%
Net assets
$125K
By yearFY2023–FY2025
Revenue
$334K
FY2024▲ +49%
Tap a bar for its year
Revenue by fiscal year
FY2023$224K
FY2024$334K
FY2025$366K
Expenses
$330K
FY2024▲ +219%
Tap a bar for its year
Expenses by fiscal year
FY2023$103K
FY2024$330K
FY2025$438K
Net assets
$125K
FY2024▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2023$142K
FY2024$125K
FY2025$54K

From the FY2024 Form 990 (year ending August 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $174K Management & general 47% · $156K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $59K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$51,550Pt VII · Sec A
$7,433Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jeremy Smith’s $83K as Executive Director is at the 75th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024
Jeremy Smith$83,360$51,550
Brittany Smith$12,704$7,433
Brandon White$9,321—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers a safe space for children, youth, and families to learn and engage.

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Provided by the organization

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3 programs · $174K · in their own filed words · FY2023
01

Summer Enrichment

The FSLC Summer Program is a 5-week academic and cultural enrichment program for children and youth K-8. A curriculum that is heavily weighted in literacy is complemented by daily discussions and celebrations of culture, social justice, civic responsibility and fun.

$113Kprogram expense
02

Afterschool Program

Seed Sowers & Storytellers is an afterschool program for scholars in Grades K-6 from School #33 in the Beechwood neighborhood. This community-based program is designed to celebrate our youth and neighborhood, to work together to build our collective futures while also honoring our legacies.

$56Kprogram expense
03

Listening Tours and Family-To-Family Workshops

Freedom Scholars Learning Center in Partnership with School #33 PTA is coordinating, supporting and hosting Listening Tours and Family-to-Family workshops to highlight and share the voices and expertise of parents and families from School #33.

$5Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$150K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$334K
Ln 12
Gifts and grantsLn 1h$334K
Investment incomeLn 3$131
Money outPt IX
$330K
Ln 25
Programscol B$174K
Managementcol C$156K
Owns and owesPt X
$125K
net assets · Ln 32
Cash and savingsLn 1–2$296K
Total assetsLn 16$296K
LiabilitiesLn 26$171K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$334K
Investment incomeLn 3$131
Total revenueLn 12$334K
Assets in detailPt X, end of year
CashLn 1$286K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$296K
Total assetsLn 16$296K
LiabilitiesLn 26$171K
Net assetsLn 32$125K
OperationsPt I, VI
EmployeesI 522
VolunteersI 612
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$142K$296K
Total assetsLn 16$142K$296K
LiabilitiesLn 26$0$171K
Net assetsLn 32$142K$125K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$93K$93K
Other salaries and wagesLn 7$122K$98K$24K
Payroll taxesLn 10$23K$11K$13K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$14K$6K$8K
Office expensesLn 13$7K$3K$4K
OccupancyLn 16$10K$10K
TravelLn 17$17K$17K
Conferences, conventions and meetingsLn 19$20K$19K$688
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$7K$7K
All other expensesLn 24e$3K$2K$886
Total functional expensesLn 25$330K$174K$156K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $366K$438K−$71K$54K 990 PDF
FY2024 Viewing $334K$330K$4K$125K 990 PDF
FY2023 $224K$103K$121K$142K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $333,866 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $223,407$333,735
I-9 Program service revenuePrior year $532$0
I-10 Investment incomePrior year $1$131
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $223,940$333,866
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $84,809$237,759
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $18,434$91,959
I-18 Total expensesPrior year $103,243$329,718
I-19 Revenue less expensesPrior year $120,697$4,148
Part VI · Governance 6 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $333,866 across 4 lines filed
VIII-1f All other contributions, gifts and grants$333,735
VIII-1h Total contributions, gifts and grants$333,735
VIII-3 Investment incomeExcluded from tax $131$131
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $131$333,866
Part IX · Statement of functional expenses $329,718 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $92,730$92,730
IX-7 Other salaries and wagesPrograms $97,949 · Management $23,601$121,550
IX-10 Payroll taxesPrograms $10,690 · Management $12,789$23,479
IX-11c Accounting feesManagement $2,948$2,948
IX-11g Other fees for servicesPrograms $5,609 · Management $8,497$14,106
IX-13 Office expensesPrograms $3,267 · Management $3,768$7,035
IX-16 OccupancyPrograms $10,000$10,000
IX-17 TravelPrograms $17,127$17,127
IX-19 Conferences, conventions and meetingsPrograms $19,378 · Management $688$20,066
IX-23 InsuranceManagement $10,185$10,185
IX-24 Other expenses (24a–d)Programs $7,405$7,405
IX-24e All other expensesPrograms $2,201 · Management $886$3,087
IX-25 Total functional expensesPrograms $173,626 · Management $156,092 · Fundraising $0$329,718
Part X · Balance sheet $296,249 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $137,176$285,866
X-2 Savings and temporary cash investmentsStart of year $5,001$10,383
X-16 Total assetsStart of year $142,177$296,249
X-19 Deferred revenue$171,153
X-26 Total liabilitiesStart of year $0$171,153
X-27 Net assets without donor restrictionsStart of year $142,177$105,546
X-28 Net assets with donor restrictions$19,550
X-32 Total net assets or fund balancesStart of year $142,177$125,096
X-33 Total liabilities and net assetsStart of year $142,177$296,249
Part XI · Reconciliation of net assets $125,096 net assets at year end
XI-1 Total revenue$333,866
XI-2 Total expenses$329,718
XI-3 Revenue less expenses$4,148
XI-4 Net assets at start of year$142,177
XI-8 Prior period adjustments−$21,229
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$125,096

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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