Liberty School Inc
Liberty School Inc. consistently operates with volunteer leadership and a strong asset base, though recent expenses have slightly outpaced revenue.
EIN: 208600388 · Durango, CO · NTEE: B280 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $858K |
| Total Expenses | $751K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.5M |
| Transparency Score | 90/100 |
Is Liberty School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liberty School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liberty School Inc
Liberty School Inc (EIN: 208600388) is a nonprofit organization based in Durango, CO, classified under NTEE code B280. The organization reported total revenue of $858K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liberty School Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $712K |
| Total Expenses | $751K |
| Surplus / Deficit | $-39,298 |
| Total Assets | $3.9M |
| Total Liabilities | $1.4M |
| Net Assets | $2.5M |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 36.9% |
| Months of Reserves | 62.2 months |
Financial Health Grade: B
In 2023, Liberty School Inc reported a deficit of $39K with expenses exceeding revenue, holds 62.2 months of operating reserves (strong position), has a debt-to-asset ratio of 36.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Liberty School Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | -4.8% | -2.5% |
| 2022 | +20.3% | +10.7% | -3.0% |
| 2021 | -14.9% | +0.7% | -2.5% |
| 2020 | +29.8% | +4.2% | +1.6% |
| 2019 | -49.1% | +30.5% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 School Inc with a Mission Score of 90 out of 100 (Excellent). 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 School Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with assets nearing $4 million.
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 School Inc's IRS 990 filings:
- Expenses slightly exceeding revenue in recent years (e.g., 2023 expenses $750,938 vs. revenue $711,640), which if sustained, could impact long-term operational stability.
Strengths
The following positive indicators were identified for Liberty School Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
- Strong asset base ($3,891,823 in 2023) significantly exceeding liabilities ($1,437,803), demonstrating financial stability.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Healthy asset-to-liability ratio, suggesting good financial management and reserves.
Frequently Asked Questions about Liberty School Inc
Is Liberty School Inc a legitimate charity?
Liberty School Inc (EIN: 208600388) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $858K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Liberty School Inc spend its money?
Liberty School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Liberty School Inc tax-deductible?
Liberty School Inc is registered as a tax-exempt nonprofit (EIN: 208600388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Liberty School Inc CEO make?
Liberty School Inc's highest-compensated officer earns $4 annually. The organization reported $858K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Liberty School Inc's spending goes to programs?
Liberty School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Liberty School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Liberty School Inc is above average for NTEE category B280 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Liberty School Inc located?
Liberty School Inc is headquartered in Durango, Colorado and files with the IRS under EIN 208600388. It is classified under NTEE code B280.
How many years of IRS 990 filings does Liberty School Inc have?
Liberty School 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 $858K in total revenue.
Is Liberty School Inc. a good charity?
Based on the available data, Liberty School Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. It also maintains a healthy asset-to-liability ratio, suggesting financial stability.
How does Liberty School Inc. manage its executive compensation?
Liberty School Inc. reports 0% officer compensation in all available IRS 990 filings, suggesting that its executive leadership is entirely volunteer-based or compensated through non-officer roles, which is a significant indicator of efficiency.
What is the financial trend of Liberty School Inc.?
While Liberty School Inc. has maintained a strong asset base, its expenses have slightly exceeded revenue in the most recent three periods (2021-2023). For example, in 2023, expenses were $750,938 against revenues of $711,640. However, this trend follows periods of significant revenue surpluses, such as in 2017 where revenue was $2,048,737 against expenses of $444,978.
Filing History
IRS 990 filing history for Liberty School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Liberty School Inc's revenue has grown by 134.4%, moving from $304K to $712K. Total assets increased by 3577.1% over the same period, from $106K to $3.9M. Total functional expenses rose by 142.5%, from $310K to $751K. In its most recent filing year (2023), Liberty School Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 36.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $712K | $751K | $3.9M | $1.4M | — | View 990 |
| 2022 | $775K | $789K | $4.0M | $1.5M | — | View 990 |
| 2021 | $644K | $713K | $4.1M | $1.6M | — | View 990 |
| 2020 | $757K | $708K | $4.2M | $1.6M | — | View 990 |
| 2019 | $583K | $680K | $4.2M | $1.6M | — | View 990 |
| 2018 | $1.1M | $521K | $3.8M | $1.2M | — | View 990 |
| 2017 | $2.0M | $445K | $2.0M | $22K | — | View 990 |
| 2016 | $716K | $535K | $482K | $91K | — | View 990 |
| 2015 | $416K | $400K | $286K | $76K | — | View 990 |
| 2014 | $420K | $404K | $258K | $64K | — | View 990 |
| 2013 | $467K | $396K | $245K | $68K | — | View 990 |
| 2012 | $384K | $327K | $174K | $67K | — | View 990 |
| 2011 | $304K | $310K | $106K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $712K, expenses of $751K, and assets of $3.9M (revenue -8.2% year-over-year).
- 2022: Revenue of $775K, expenses of $789K, and assets of $4.0M (revenue +20.3% year-over-year).
- 2021: Revenue of $644K, expenses of $713K, and assets of $4.1M (revenue -14.9% year-over-year).
- 2020: Revenue of $757K, expenses of $708K, and assets of $4.2M (revenue +29.8% year-over-year).
- 2019: Revenue of $583K, expenses of $680K, and assets of $4.2M (revenue -49.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $521K, and assets of $3.8M (revenue -44.1% year-over-year).
- 2017: Revenue of $2.0M, expenses of $445K, and assets of $2.0M (revenue +186.1% year-over-year).
- 2016: Revenue of $716K, expenses of $535K, and assets of $482K (revenue +72.1% year-over-year).
- 2015: Revenue of $416K, expenses of $400K, and assets of $286K (revenue -1.1% year-over-year).
- 2014: Revenue of $420K, expenses of $404K, and assets of $258K (revenue -10.0% year-over-year).
- 2013: Revenue of $467K, expenses of $396K, and assets of $245K (revenue +21.7% year-over-year).
- 2012: Revenue of $384K, expenses of $327K, and assets of $174K (revenue +26.4% year-over-year).
- 2011: Revenue of $304K, expenses of $310K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liberty School Inc:
Data Sources and Methodology
This transparency report for Liberty School 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.