Libera Inc
EIN: 471601546 · Morgantown, WV · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $999K |
| Total Expenses | $597K |
| Net Assets | $186K |
Is Libera Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Libera Inc
Libera Inc (EIN: 471601546) is a nonprofit organization based in Morgantown, WV, classified under NTEE code P80. The organization reported total revenue of $999K and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Libera Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Libera Inc is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 32.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $648K |
| Total Expenses | $597K |
| Surplus / Deficit | +$51K |
| Total Assets | $222K |
| Total Liabilities | $35K |
| Net Assets | $186K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 16.0% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Libera Inc reported a surplus of $51K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Libera Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.1% | +55.4% | +51.0% |
| 2022 | +12.4% | +14.8% | +69.6% |
| 2021 | +114.0% | +63.3% | +71.4% |
| 2020 | +13.8% | +27.2% | -22.6% |
| 2019 | -9.1% | +20.2% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Libera Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Libera Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.0%.
Frequently Asked Questions about Libera Inc
Is Libera Inc a legitimate charity?
Libera Inc (EIN: 471601546) is a registered tax-exempt nonprofit based in West Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $999K. No red flags identified. Financial health grade: A.
How does Libera Inc spend its money?
Libera Inc reported $999K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Libera Inc tax-deductible?
Libera Inc is registered as a tax-exempt nonprofit (EIN: 471601546). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Libera Inc located?
Libera Inc is headquartered in Morgantown, West Virginia and files with the IRS under EIN 471601546. It is classified under NTEE code P80.
How many years of IRS 990 filings does Libera Inc have?
Libera Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $999K in total revenue.
Filing History
IRS 990 filing history for Libera Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Libera Inc's revenue has grown by 448.9%, moving from $118K to $648K. Total assets increased by 955.4% over the same period, from $21K to $222K. Total functional expenses rose by 419.1%, from $115K to $597K. In its most recent filing year (2023), Libera Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $35K in liabilities against $222K in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $648K | $597K | $222K | $35K | — | — |
| 2022 | $446K | $384K | $147K | $11K | — | View 990 |
| 2021 | $397K | $335K | $87K | $6K | — | View 990 |
| 2020 | $186K | $205K | $50K | $31K | — | View 990 |
| 2019 | $163K | $161K | $65K | $3K | — | View 990 |
| 2018 | $180K | $134K | $64K | $2K | — | View 990 |
| 2017 | $118K | $115K | $21K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $648K, expenses of $597K, and assets of $222K (revenue +45.1% year-over-year).
- 2022: Revenue of $446K, expenses of $384K, and assets of $147K (revenue +12.4% year-over-year).
- 2021: Revenue of $397K, expenses of $335K, and assets of $87K (revenue +114.0% year-over-year).
- 2020: Revenue of $186K, expenses of $205K, and assets of $50K (revenue +13.8% year-over-year).
- 2019: Revenue of $163K, expenses of $161K, and assets of $65K (revenue -9.1% year-over-year).
- 2018: Revenue of $180K, expenses of $134K, and assets of $64K (revenue +52.2% year-over-year).
- 2017: Revenue of $118K, expenses of $115K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Libera Inc:
Data Sources and Methodology
This transparency report for Libera Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.