Liber INC FY2022 filing

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To restore american christian character to education.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.0M a year · 28% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.2M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.8M
+8% vs prior year
Spent
$4.5M
To programs
88%
Net assets
$8.1M
By yearFY2021–FY2025
Revenue
$5.8M
FY2022▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2021$5.4M
FY2022$5.8M
FY2023$5.3M
FY2024$6.9M
FY2025$11.5M
Expenses
$4.5M
FY2022▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2021$3.5M
FY2022$4.5M
FY2023$4.4M
FY2024$4.1M
FY2025$8.5M
Net assets
$8.1M
FY2022▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2021$6.8M
FY2022$8.1M
FY2023$8.9M
FY2024$10.3M
FY2025$13.3M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $4.0M Management & general 12% · $538K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Liber INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes Christian values and character in American schools.

Questions for Liber INC

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Your first name shows with your question. Liber INC answers here, for everyone.

1 program · $3.4M · in their own filed words · FY2021
01

Operating the school to continue to provide high quality education which benefits the over 500 children who attend school at the american heritage academy (the academy); k through 12TH grade. Autistic children have received remarkable learning results through a working mantra of "no child is left behind".

$3.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.8M
Ln 12
Fees for servicesLn 2g$5.4M
Gifts and grantsLn 1h$406K
Investment incomeLn 3$366
Money outPt IX
$4.5M
Ln 25
Programscol B$4.0M
Managementcol C$538K
Owns and owesPt X
$8.1M
net assets · Ln 32
Cash and savingsLn 1–2$508K
Total assetsLn 16$10.3M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$406K
Government grantsLn 1e$262K
Fees for servicesLn 2g$5.4M
Investment incomeLn 3$366
Total revenueLn 12$5.8M
Assets in detailPt X, end of year
CashLn 1$190K
SavingsLn 2$318K
Cash and savings togetherLn 1–2$508K
Accounts receivableLn 4$1.2M
Prepaid expenses and deferred chargesLn 9$3K
Land, buildings, equipmentLn 10c$7.6M
Other assetsLn 15$1.1M
Total assetsLn 16$10.3M
LiabilitiesLn 26$2.2M
Net assetsLn 32$8.1M
OperationsPt I, VI
EmployeesI 555
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$938K$508K
Land, buildings, equipmentLn 10c$7.8M$7.6M
Total assetsLn 16$10.5M$10.3M
LiabilitiesLn 26$3.7M$2.2M
Net assetsLn 32$6.8M$8.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.5M$1.3M$147K
Payroll taxesLn 10$130K$117K$13K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$190K$178K$12K
Advertising and promotionLn 12$38K$38K
Office expensesLn 13$383K$383K
OccupancyLn 16$1.3M$987K$280K
TravelLn 17$301K$301K
InterestLn 20$120K$60K$60K
Depreciation, depletion and amortizationLn 22$565K$565K
InsuranceLn 23$44K$22K$22K
Total functional expensesLn 25$4.5M$4.0M$538K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 13, 2025 $11.5M$8.5M$2.9M$13.3M 990 PDF
FY2024Filed with the IRS Nov 6, 2024 $6.9M$4.1M$2.8M$10.3M 990 PDF
FY2023 $5.3M$4.4M$929K$8.9M 990 PDF
FY2022 ViewingFiled with the IRS Nov 15, 2022 $5.8M$4.5M$1.3M$8.1M 990 PDF
FY2021Filed with the IRS Nov 15, 2021 $5.4M$3.5M$1.9M$6.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $5,771,096 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $417,305$405,631
I-9 Program service revenuePrior year $4,935,949$5,365,099
I-10 Investment incomePrior year $1,347$366
I-11 Other revenue$0
I-12 Total revenuePrior year $5,354,601$5,771,096
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,347,799$1,604,046
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,131,919$2,912,546
I-18 Total expensesPrior year $3,479,718$4,516,592
I-19 Revenue less expensesPrior year $1,874,883$1,254,504
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $5,771,096 across 7 lines filed
VIII-1b Membership dues$132,165
VIII-1e Government grants$262,000
VIII-1f All other contributions, gifts and grants$11,466
VIII-1h Total contributions, gifts and grants$405,631
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,278,547 · Unrelated business $86,552$5,365,099
VIII-3 Investment incomeExcluded from tax $366$366
VIII-12 Total revenueRelated to mission $5,278,547 · Unrelated business $86,552 · Excluded from tax $366$5,771,096
Part IX · Statement of functional expenses $4,516,592 across 11 lines filed
IX-7 Other salaries and wagesPrograms $1,326,870 · Management $147,430$1,474,300
IX-10 Payroll taxesPrograms $116,771 · Management $12,975$129,746
IX-11c Accounting feesManagement $3,657$3,657
IX-11g Other fees for servicesPrograms $177,588 · Management $12,367$189,955
IX-12 Advertising and promotionPrograms $38,244$38,244
IX-13 Office expensesPrograms $382,616$382,616
IX-16 OccupancyPrograms $987,150 · Management $279,884$1,267,034
IX-17 TravelPrograms $301,472$301,472
IX-20 InterestPrograms $60,091 · Management $60,091$120,182
IX-22 Depreciation, depletion and amortizationPrograms $565,364$565,364
IX-23 InsurancePrograms $22,011 · Management $22,011$44,022
IX-25 Total functional expensesPrograms $3,978,177 · Management $538,415 · Fundraising $0$4,516,592
Part X · Balance sheet $10,302,336 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $196,755$190,373
X-2 Savings and temporary cash investmentsStart of year $740,876$317,544
X-4 Accounts receivableStart of year $702,437$1,152,625
X-9 Prepaid expenses and deferred chargesStart of year $3,150$3,150
X-10c Land, buildings and equipment, netStart of year $7,815,263$7,577,093
X-15 Other assetsStart of year $1,061,551$1,061,551
X-16 Total assetsStart of year $10,520,032$10,302,336
X-17 Accounts payable and accrued expensesStart of year $100$100
X-23 Secured mortgages and notes payableStart of year $2,956,490$2,239,890
X-26 Total liabilitiesStart of year $3,712,190$2,239,990
X-31 Retained earnings or endowmentStart of year $6,807,842$8,062,346
X-32 Total net assets or fund balancesStart of year $6,807,842$8,062,346
X-33 Total liabilities and net assetsStart of year $10,520,032$10,302,336
Part XI · Reconciliation of net assets $8,062,346 net assets at year end
XI-1 Total revenue$5,771,096
XI-2 Total expenses$4,516,592
XI-3 Revenue less expenses$1,254,504
XI-4 Net assets at start of year$6,807,842
XI-10 Net assets at end of year$8,062,346

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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