Libertas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 144,292 | 270,655 | −126,363 | -6.4 | — |
| 2020 | 307,679 | 839,083 | −531,404 | 1.9 | 0% |
| 2021 | 78,052 | 169,890 | −91,838 | 3.0 | 0% |
| 2022 | 119,048 | 128,190 | −9,142 | 2.8 | 0% |
| 2023 | 19,144 | 104,913 | −85,769 | -3.7 | 0% |
In its most recent public year (2023), this organization spent $85,769 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), up from -6.4 in 2019. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Libertas Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works