Liberty Resources Inc
Liberty Resources Inc. shows consistent revenue and asset growth, with expenses closely matching revenue, but lacks clear executive compensation disclosure.
EIN: 161129675 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $92.8M |
| Total Expenses | $81.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $80 |
| Net Assets | $23.6M |
| Transparency Score | 70/100 |
Is Liberty Resources Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liberty Resources Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liberty Resources Inc
Liberty Resources Inc (EIN: 161129675) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $92.8M and total assets of $42.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liberty Resources Inc is a major nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81.2M |
| Total Expenses | $81.3M |
| Surplus / Deficit | $-60,740 |
| Total Assets | $37.1M |
| Total Liabilities | $13.5M |
| Net Assets | $23.6M |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 36.4% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Liberty Resources Inc reported a deficit of $61K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 36.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Liberty Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +8.7% | -2.8% |
| 2022 | +5.1% | +21.1% | +35.1% |
| 2021 | +12.3% | +2.3% | +31.7% |
| 2020 | +2.9% | -1.2% | +24.2% |
| 2019 | +5.7% | +4.5% | +56.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Liberty Resources Inc with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Liberty Resources Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.4%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings for an organization with revenues exceeding $80 million is highly unusual and suggests that executive compensation may be reported under other expense categories or is not disclosed in a standard manner, which impacts transparency.
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 Resources Inc's IRS 990 filings:
- Consistent 0% officer compensation reported for a large organization, raising transparency concerns about executive pay.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full efficiency assessment.
Strengths
The following positive indicators were identified for Liberty Resources Inc:
- Consistent and significant revenue growth over the past decade, from $37.2M in 2014 to $81.2M in 2023.
- Substantial growth in assets, from $7.5M in 2014 to $37.0M in 2023, indicating financial stability and capacity.
- Regular IRS 990 filings over 13 periods, demonstrating compliance and a history of financial reporting.
- Expenses generally track revenues closely, suggesting efficient deployment of funds to meet operational needs.
Frequently Asked Questions about Liberty Resources Inc
Is Liberty Resources Inc a legitimate charity?
Liberty Resources Inc (EIN: 161129675) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $92.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Liberty Resources Inc spend its money?
Liberty Resources Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Liberty Resources Inc tax-deductible?
Liberty Resources Inc is registered as a tax-exempt nonprofit (EIN: 161129675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Liberty Resources Inc CEO make?
Liberty Resources Inc's highest-compensated officer earns $80 annually. The organization reported $92.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Liberty Resources Inc's spending goes to programs?
Liberty Resources Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Liberty Resources Inc located?
Liberty Resources Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161129675.
How many years of IRS 990 filings does Liberty Resources Inc have?
Liberty Resources Inc has 13 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 $92.8M in total revenue.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The provided data consistently shows 0% officer compensation across all 13 filings. For an organization with over $80 million in revenue, this is highly unusual and suggests that executive compensation might be reported under different expense categories (e.g., salaries and wages for all employees) or that the organization relies on uncompensated leadership, which would require further investigation to clarify.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a precise assessment of spending efficiency and how funds are allocated to the mission versus overhead.
What are the primary sources of Liberty Resources Inc.'s revenue?
The provided data only lists total revenue. To understand the organization's financial stability and funding model, it would be important to know the breakdown of revenue sources, such as government grants, program service fees, contributions, or investment income.
What specific programs does Liberty Resources Inc. operate?
The provided financial data does not detail the specific programs or services offered by Liberty Resources Inc. Understanding the nature of their programs would provide context for their substantial revenue and expenses.
Filing History
IRS 990 filing history for Liberty Resources Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Liberty Resources Inc's revenue has grown by 155.8%, moving from $31.7M to $81.2M. Total assets increased by 351.7% over the same period, from $8.2M to $37.1M. Total functional expenses rose by 141.5%, from $33.7M to $81.3M. In its most recent filing year (2023), Liberty Resources Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $13.5M in liabilities against $37.1M in assets (debt-to-asset ratio: 36.4%), resulting in net assets of $23.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81.2M | $81.3M | $37.1M | $13.5M | — | — |
| 2022 | $76.4M | $74.8M | $38.2M | $15.1M | — | View 990 |
| 2021 | $72.7M | $61.7M | $28.3M | $5.9M | — | View 990 |
| 2020 | $64.8M | $60.3M | $21.5M | $10.0M | — | View 990 |
| 2019 | $62.9M | $61.1M | $17.3M | $10.2M | — | View 990 |
| 2018 | $59.5M | $58.5M | $11.0M | $5.8M | — | View 990 |
| 2017 | $52.2M | $51.9M | $10.7M | $6.5M | — | View 990 |
| 2016 | $44.7M | $44.6M | $9.5M | $5.5M | — | View 990 |
| 2015 | $41.1M | $40.3M | $9.0M | $5.1M | — | View 990 |
| 2014 | $37.2M | $36.6M | $7.5M | $4.5M | — | View 990 |
| 2013 | $33.8M | $32.7M | $7.0M | $4.7M | — | View 990 |
| 2012 | $33.2M | $32.1M | $7.7M | $6.3M | — | View 990 |
| 2011 | $31.7M | $33.7M | $8.2M | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.2M, expenses of $81.3M, and assets of $37.1M (revenue +6.2% year-over-year).
- 2022: Revenue of $76.4M, expenses of $74.8M, and assets of $38.2M (revenue +5.1% year-over-year).
- 2021: Revenue of $72.7M, expenses of $61.7M, and assets of $28.3M (revenue +12.3% year-over-year).
- 2020: Revenue of $64.8M, expenses of $60.3M, and assets of $21.5M (revenue +2.9% year-over-year).
- 2019: Revenue of $62.9M, expenses of $61.1M, and assets of $17.3M (revenue +5.7% year-over-year).
- 2018: Revenue of $59.5M, expenses of $58.5M, and assets of $11.0M (revenue +14.1% year-over-year).
- 2017: Revenue of $52.2M, expenses of $51.9M, and assets of $10.7M (revenue +16.6% year-over-year).
- 2016: Revenue of $44.7M, expenses of $44.6M, and assets of $9.5M (revenue +8.7% year-over-year).
- 2015: Revenue of $41.1M, expenses of $40.3M, and assets of $9.0M (revenue +10.4% year-over-year).
- 2014: Revenue of $37.2M, expenses of $36.6M, and assets of $7.5M (revenue +10.1% year-over-year).
- 2013: Revenue of $33.8M, expenses of $32.7M, and assets of $7.0M (revenue +1.9% year-over-year).
- 2012: Revenue of $33.2M, expenses of $32.1M, and assets of $7.7M (revenue +4.6% year-over-year).
- 2011: Revenue of $31.7M, expenses of $33.7M, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liberty Resources Inc:
Data Sources and Methodology
This transparency report for Liberty Resources 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.