Libertygives Foundation
Libertygives Foundation consistently operates near break-even with minimal assets and no reported officer compensation.
EIN: 208004437 · Englewood, CO · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $728K |
| Total Expenses | $751K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $11K |
| Transparency Score | 75/100 |
Is Libertygives Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Libertygives Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Libertygives Foundation
Libertygives Foundation (EIN: 208004437) is a nonprofit organization based in Englewood, CO, classified under NTEE code T21. The organization reported total revenue of $728K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Libertygives Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Libertygives Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $735K |
| Total Expenses | $751K |
| Surplus / Deficit | $-16,364 |
| Total Assets | $11K |
| Total Liabilities | $863 |
| Net Assets | $11K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Libertygives Foundation reported a deficit of $16K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Libertygives Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | -5.0% | -59.2% |
| 2022 | +19.0% | +18.9% | +67.8% |
| 2021 | -17.6% | -17.3% | +91.2% |
| 2020 | +19.9% | +15.3% | +871500.0% |
| 2019 | +1.5% | +6.5% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Libertygives Foundation with a Mission Score of 75 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, Libertygives Foundation 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with annual revenues consistently around $700,000 and suggests a volunteer-led or extremely lean operational model.
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 Libertygives Foundation's IRS 990 filings:
- Consistently low asset base, often reported as $1, indicating minimal financial reserves.
- Frequent near break-even or deficit spending (e.g., 2023 expenses exceeded revenue by $16,364), limiting financial resilience.
Strengths
The following positive indicators were identified for Libertygives Foundation:
- Consistent revenue generation over a decade, demonstrating donor support.
- Zero reported officer compensation, indicating a strong commitment to directing funds to the mission and high operational efficiency at the executive level.
- Long operational history with 10 filings, suggesting stability and established presence.
Frequently Asked Questions about Libertygives Foundation
Is Libertygives Foundation a legitimate charity?
Libertygives Foundation (EIN: 208004437) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $728K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Libertygives Foundation spend its money?
Libertygives Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Libertygives Foundation tax-deductible?
Libertygives Foundation is registered as a tax-exempt nonprofit (EIN: 208004437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Libertygives Foundation CEO make?
Libertygives Foundation's highest-compensated officer earns $700,000 annually. The organization reported $728K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Libertygives Foundation's spending goes to programs?
Libertygives Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Libertygives Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Libertygives Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Libertygives Foundation located?
Libertygives Foundation is headquartered in Englewood, Colorado and files with the IRS under EIN 208004437. It is classified under NTEE code T21.
How many years of IRS 990 filings does Libertygives Foundation have?
Libertygives Foundation has 10 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 $728K in total revenue.
How does Libertygives Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive services are provided pro bono, which is a significant operational characteristic for an organization of its size.
What is the nature of Libertygives Foundation's programs given its low asset base?
With assets frequently reported as $1 and never exceeding $27,967, the organization likely focuses on programs that do not require significant capital investment, such as advocacy, grant-making to other organizations, or direct service provision with minimal overhead.
Is Libertygives Foundation financially sustainable given its near break-even operations?
While the organization has sustained operations for over a decade, the consistent near break-even financial performance and minimal asset base (e.g., $11,403 in 2023) indicate a limited capacity to absorb unexpected expenses or invest in future growth without immediate fundraising success.
Filing History
IRS 990 filing history for Libertygives Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Libertygives Foundation's revenue has grown by 36.7%, moving from $537K to $735K. Total assets increased by 1140200% over the same period, from $1 to $11K. Total functional expenses rose by 32.5%, from $567K to $751K. In its most recent filing year (2023), Libertygives Foundation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $863 in liabilities against $11K in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $735K | $751K | $11K | $863 | — | — |
| 2022 | $801K | $791K | $28K | $1K | — | View 990 |
| 2021 | $673K | $665K | $17K | $1 | — | View 990 |
| 2020 | $817K | $805K | $9K | $1 | — | — |
| 2019 | $681K | $698K | $1 | $3K | — | View 990 |
| 2015 | $671K | $655K | $18K | $12K | — | View 990 |
| 2014 | $619K | $593K | $1 | $10K | — | View 990 |
| 2013 | $563K | $555K | $1 | $36K | — | View 990 |
| 2012 | $569K | $578K | $1 | $44K | — | View 990 |
| 2011 | $537K | $567K | $1 | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $735K, expenses of $751K, and assets of $11K (revenue -8.3% year-over-year).
- 2022: Revenue of $801K, expenses of $791K, and assets of $28K (revenue +19.0% year-over-year).
- 2021: Revenue of $673K, expenses of $665K, and assets of $17K (revenue -17.6% year-over-year).
- 2020: Revenue of $817K, expenses of $805K, and assets of $9K (revenue +19.9% year-over-year).
- 2019: Revenue of $681K, expenses of $698K, and assets of $1 (revenue +1.5% year-over-year).
- 2015: Revenue of $671K, expenses of $655K, and assets of $18K (revenue +8.4% year-over-year).
- 2014: Revenue of $619K, expenses of $593K, and assets of $1 (revenue +10.0% year-over-year).
- 2013: Revenue of $563K, expenses of $555K, and assets of $1 (revenue -1.1% year-over-year).
- 2012: Revenue of $569K, expenses of $578K, and assets of $1 (revenue +5.9% year-over-year).
- 2011: Revenue of $537K, expenses of $567K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Libertygives Foundation:
Data Sources and Methodology
This transparency report for Libertygives Foundation 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.