Liberty Classical Tutorials
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 102,873 | 63,056 | 39,817 | 7.6 | — |
| 2016 | 125,161 | 91,296 | 33,865 | -0.5 | — |
| 2017 | 102,685 | 109,670 | −6,985 | 0.0 | — |
| 2018 | 103,687 | 85,435 | 18,252 | 0.8 | — |
| 2019 | 103,198 | 103,361 | −163 | 0.3 | — |
| 2020 | 94,197 | 100,005 | −5,808 | 0.1 | — |
| 2021 | 124,427 | 109,046 | 15,381 | -0.6 | — |
| 2022 | 120,158 | 116,203 | 3,955 | -0.8 | — |
| 2023 | 125,163 | 138,506 | −13,343 | -2.1 | — |
| 2024 | 125,669 | 128,088 | −2,419 | -3.1 | — |
In its most recent public year (2024), this organization spent $2,419 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.1 months), down from 7.6 in 2015.
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 2024. 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
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