Liberty Academy
Liberty Academy shows declining assets and consistent operational deficits, with no reported executive compensation.
EIN: 203757798 · Salem, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.7 |
| Net Assets | $352K |
| Transparency Score | 60/100 |
Is Liberty Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liberty Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liberty Academy
Liberty Academy (EIN: 203757798) is a nonprofit organization based in Salem, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liberty Academy is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-65,639 |
| Total Assets | $5.8M |
| Total Liabilities | $5.4M |
| Net Assets | $352K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 93.9% |
| Months of Reserves | 21.4 months |
Financial Health Grade: C
In 2016, Liberty Academy reported a deficit of $66K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 93.9% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Liberty Academy's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +7.6% | +8.6% | -3.1% |
| 2015 | +6.8% | +7.8% | -1.5% |
| 2014 | +2.2% | -10.7% | -6.4% |
| 2013 | -22.1% | +6.7% | -7.2% |
| 2012 | -2.8% | -22.7% | +6.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Liberty Academy with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Liberty Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.9%.
Executive Compensation Analysis
Liberty Academy consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $2.7 million and could indicate a lack of transparency regarding leadership compensation or a fully volunteer executive team.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Liberty Academy's IRS 990 filings:
- Consistent reporting of 0% officer compensation for a multi-million dollar organization, raising transparency concerns.
- Latest filing shows $0 revenue and assets, indicating a potential cessation of operations or significant unreported event.
- Expenses frequently exceed revenue, suggesting reliance on prior surpluses or other funding to cover operational costs.
- Declining asset base from $6.99 million in 201206 to $5.79 million in 201606, while liabilities remain high.
Strengths
The following positive indicators were identified for Liberty Academy:
- Consistent revenue generation over several years (prior to the latest $0 filing), indicating a stable operational history.
- Maintained significant assets (over $5 million) for several years, suggesting a substantial operational capacity.
Frequently Asked Questions about Liberty Academy
Is Liberty Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Liberty Academy (EIN: 203757798) some concerns. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
How does Liberty Academy spend its money?
Liberty Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Liberty Academy tax-deductible?
Liberty Academy is registered as a tax-exempt nonprofit (EIN: 203757798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Liberty Academy CEO make?
Liberty Academy's highest-compensated officer earns $2.7 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Liberty Academy's spending goes to programs?
Liberty Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Liberty Academy located?
Liberty Academy is headquartered in Salem, Utah and files with the IRS under EIN 203757798.
How many years of IRS 990 filings does Liberty Academy have?
Liberty Academy has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does Liberty Academy report 0% officer compensation despite significant revenue?
The consistent reporting of 0% officer compensation for an organization with revenues in the millions is atypical and warrants further investigation to understand how executive leadership is compensated or if the organization is entirely volunteer-led at that level.
What caused the significant drop to $0 revenue and assets in the latest filing?
The latest filing showing $0 revenue and assets is a critical change from previous years' multi-million dollar figures. This could indicate the organization has ceased operations, merged, or filed a final return, and requires clarification.
How does Liberty Academy cover its operational deficits?
In multiple periods (e.g., 201606, 201506, 201406, 201306, 201106), expenses exceeded revenue. The organization likely relies on accumulated surpluses from prior years or other non-operating income to cover these shortfalls.
What is the nature of Liberty Academy's substantial liabilities?
Liberty Academy consistently reports high liabilities, ranging from $5.4 million to $6.2 million, which are significant relative to its assets. Understanding the nature of these liabilities (e.g., mortgages, program-related debt) is crucial for assessing financial risk.
Filing History
IRS 990 filing history for Liberty Academy showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Liberty Academy's revenue has declined by 10.9%, moving from $3.6M to $3.2M. Total assets decreased by 11.4% over the same period, from $6.5M to $5.8M. Total functional expenses fell by 13.8%, from $3.8M to $3.2M. In its most recent filing year (2016), Liberty Academy reported a deficit of $66K, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $5.8M in assets (debt-to-asset ratio: 93.9%), resulting in net assets of $352K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $3.2M | $3.2M | $5.8M | $5.4M | — | — |
| 2015 | $3.0M | $3.0M | $6.0M | $5.6M | — | View 990 |
| 2014 | $2.8M | $2.8M | $6.1M | $5.6M | — | View 990 |
| 2013 | $2.7M | $3.1M | $6.5M | $6.0M | — | View 990 |
| 2012 | $3.5M | $2.9M | $7.0M | $6.1M | — | View 990 |
| 2011 | $3.6M | $3.8M | $6.5M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $3.2M, expenses of $3.2M, and assets of $5.8M (revenue +7.6% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $6.0M (revenue +6.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $6.1M (revenue +2.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $3.1M, and assets of $6.5M (revenue -22.1% year-over-year).
- 2012: Revenue of $3.5M, expenses of $2.9M, and assets of $7.0M (revenue -2.8% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.8M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liberty Academy:
Data Sources and Methodology
This transparency report for Liberty Academy 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.