Civic Intelligence

Liberty Preparatory Christian Academy Inc.

990 • Fiscal year 2017 • EIN 26-4201622

Jun 01, 2016 to May 31, 2017 • Filed on Sep 19, 2017

246 Blume RoadMooresville, NC 28117

(877) 422-1137

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.03x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

78th percentile

24%

Faster asset growth than 78% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

78th percentile

26%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2017

Assets

Up

$1,454,727

Up $506,550 (+53%) from 2015

Net Assets

Up

$1,408,502

Up $564,713 (+67%) from 2015

Liabilities

Down

$46,225

Down $58,163 (-56%) from 2015

Revenue

Up

$1,731,907

Up $647,062 (+60%) from 2015

Expenses

Up

$1,374,441

Up $336,389 (+32%) from 2015

Net Income

Up

$357,466

Up $310,673 (+664%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2012: $584,557Liabilities 2012: $106,868Net Assets 2012: $477,6892012Assets 2013: $740,519Liabilities 2013: $82,912Net Assets 2013: $657,6072013Assets 2014: $819,892Liabilities 2014: $22,896Net Assets 2014: $796,9962014Assets 2015: $948,177Liabilities 2015: $104,388Net Assets 2015: $843,7892015Assets 2017: $1,454,727Liabilities 2017: $46,225Net Assets 2017: $1,408,5022017Assets 2018: $2,127,814Liabilities 2018: $31,445Net Assets 2018: $2,096,3692018Assets 2019: $3,941,888Liabilities 2019: $78,163Net Assets 2019: $3,863,7252019Assets 2020: $4,422,132Liabilities 2020: $65,396Net Assets 2020: $4,356,7362020Assets 2021: $9,851,406Liabilities 2021: $4,976,011Net Assets 2021: $4,875,3952021Assets 2022: $11,012,153Liabilities 2022: $4,842,425Net Assets 2022: $6,169,7282022Assets 2023: $11,528,324Liabilities 2023: $4,620,820Net Assets 2023: $6,907,5042023Assets 2024: $12,049,809Liabilities 2024: $4,435,335Net Assets 2024: $7,614,4742024Assets 2025: $12,421,553Liabilities 2025: $4,129,796Net Assets 2025: $8,291,7572025

Highlighted filing

2017

Assets$1,454,727
Liabilities$46,225
Net Assets$1,408,502

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2012: $664,2032012Expenses 2013: $836,9822013Revenue 2014: $1,162,900Expenses 2014: $1,023,511Net Income 2014: $139,3892014Revenue 2015: $1,084,845Expenses 2015: $1,038,052Net Income 2015: $46,7932015Revenue 2017: $1,731,907Expenses 2017: $1,374,441Net Income 2017: $357,4662017Revenue 2018: $2,116,409Expenses 2018: $1,428,542Net Income 2018: $687,8672018Revenue 2019: $3,365,755Expenses 2019: $1,598,399Net Income 2019: $1,767,3562019Revenue 2020: $2,181,274Expenses 2020: $1,688,263Net Income 2020: $493,0112020Revenue 2021: $2,669,219Expenses 2021: $2,150,560Net Income 2021: $518,6592021Revenue 2022: $3,975,637Expenses 2022: $2,681,304Net Income 2022: $1,294,3332022Revenue 2023: $3,785,902Expenses 2023: $3,048,126Net Income 2023: $737,7762023Revenue 2024: $3,953,088Expenses 2024: $3,246,118Net Income 2024: $706,9702024Revenue 2025: $4,630,272Expenses 2025: $3,952,989Net Income 2025: $677,2832025

Highlighted filing

2017

Revenue$1,731,907
Expenses$1,374,441
Net Income$357,466
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Sep 19, 2017
Return Version
2016v3.0
Gross Receipts
$1,734,389
Mission and Program Overview

Mission

To inspire students to develop and maintain a strong spiritual foundation based on faith in god's word. To create a balance between classroom teaching and parent mentored study to achieve a college preparatory level of academic excellence. To create an environment of fellowship amount students where character and integrity are sought and honored and to allow ample opportunity for ministry in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$843,788$1,051,035▲ $207,247
Land, Buildings, and Equipment, Net$914,567$871,018▼ $43,549
Rtn Earn Endowment Incm Other Fnds$207,248$357,467▲ $150,219
Cash and Non-Interest-Bearing Accounts$165,041$317,293▲ $152,252
Savings and Temporary Cash Investments$55,917$147,402▲ $91,485
Total Assets$1,135,525$1,454,727▲ $319,202
Other Assets Total-$119,014-
Liabilities
Deferred Revenue$58,000--
Other Liabilities$26,489$46,225▲ $19,736
Total Liabilities$84,489$46,225▼ $38,264
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,051,036$1,408,502▲ $357,466
Total Liabilities and Net Assets / Fund Balance$1,135,525$1,454,727▲ $319,202

Asset Categories

AssetBook ValueDepreciationBasis
Land$535,842-$535,842
Other Land Buildings$236,256$160,868$397,124
Equipment$89,806$137,025$226,831
Leasehold Improvements$9,114$4,396$13,510
Other Assets Org$119,014--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug WeirChairman
J B WhitfieldBoard Member
Kris CoomBoard Member
Derek SlocumSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$443,286
Program Service Revenue
$1,286,809
Investment Income
$214
Other Revenue
$1,598
All Other Contributions
$440,860
Change in Net Assets
$357,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$834,648
Other Expenses$460,523
Professional Fundraising Fees$79,270
Total Fundraising Expense$79,270
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$768,513--$768,513
Occupancy$103,533$25,883-$129,416
Fees for Services Professional Fundraising--$79,270$79,270
Depreciation Depletion$55,484$12,880-$68,364
Payroll Taxes$66,135--$66,135
Office Expenses$29,067$7,266-$36,333
Information Technology$17,541$4,385-$21,926
Insurance-$12,488-$12,488
Advertising$9,703$2,426-$12,129
Other Expenses$10,323$2,527-$10,323
Fees for Services Accounting-$5,300-$5,300
All Other Expenses$600$150-$750
Interest$29$7-$36
Total Functional Expenses$1,215,278$79,893$79,270$1,374,441
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$79,270
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$24,491
Credit Card Payable$21,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Doug weir amie weir chairman board member husband & wife

Form 990, Page 6, Part VI, Line 11B

The form 990 is distributed to all board members and reviewed before filing.

Form 990, Page 6, Part VI, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appiont a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall deterine wheter the academy can obtain with reasonable efforts a more advantageous transaction or arrangment from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangment is not reasonably possible under circumstances not producing a conflict of interest; the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the academy's best interest, for its own beneift, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If,after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Each director, officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the interst policy, has read and understands the policy, has agreed to comply with the policy and understands the academy is charitable and in order to maintain its federal tax exeption it must engage in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 19

The organizations governing documents, conflict of interest policy and financial statements are available for review at the school.

Filing and Contact Details

Filer

Filer Name
Liberty Preparatory Christian
EIN
26-4201622
Address
246 BLUME ROAD, MOORESVILLE, NC 28117

Signing Officer

Name
Doug Weir
Title
Chairman
Phone
7046603933
Signed
2017-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Weir
Formed
2008
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
48
Volunteers
100

Preparer

Firm
Richard W Wood CPA Pa
Address
5950 FAIRVIEW RD STE 600, CHARLOTTE, NC 28210-0086
Preparer
Richard W Wood CPA
Phone
7047591865
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To inspire students to develop and maintain a strong spiritual foundation based on faith in god's word. To create a balance between classroom teaching and parent mentored study to achieve a college preparatory level of academic excellence. To create an environment of fellowship amount students where character and integrity are sought and honored and to allow ample opportunity for ministry in the community.

Form 990, Page 2, Part III, Line 4A

To develop their god-given talents and abilities to their fullest potential.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RevenueAmt01286809
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0207248
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0357467
IRS990/SavingsAndTempCashInvstGrp/BOYAmt055917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0147402
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt089806
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137025
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0226831
IRS990ScheduleD/LandGrp/BookValueAmt0535842
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0535842
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09114
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04396
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013510
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0119014
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0160868
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0397124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024491
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0119014
IRS990ScheduleD/TotalLiabilityAmt046225
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0LIBERTY PREPARATORY CHRISTIAN ACADEMY SHALL MAKE NO DISTINCTION IN ITS ADMISSION OR OPERATING POLICIES WITH REGARD TO ANY INDIVIDUAL'S RACE, COLOR, ETHNITICITY, OR NATIONAL ORIGIN, AS THERE CAN BE NO PREFERENTIAL TREATMENT WITH GOD
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAMPAIGN
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0212046
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0132776
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0DICKERSON BAKKER & ASSOCIATES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt079270
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01998 HENDERSONVILLE RD 24
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0ASHEVILLE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd028803
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0212046
IRS990ScheduleG/TotalNetToOrganizationAmt0132776
IRS990ScheduleG/TotalRetainedByContractorsAmt079270
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO INSPIRE STUDENTS TO DEVELOP AND MAINTAIN A STRONG SPIRITUAL FOUNDATION BASED ON FAITH IN GOD'S WORD. TO CREATE A BALANCE BETWEEN CLASSROOM TEACHING AND PARENT MENTORED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC EXCELLENCE. TO CREATE AN ENVIRONMENT OF FELLOWSHIP AMOUNT STUDENTS WHERE CHARACTER AND INTEGRITY ARE SOUGHT AND HONORED AND TO ALLOW AMPLE OPPORTUNITY FOR MINISTRY IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO DEVELOP THEIR GOD-GIVEN TALENTS AND ABILITIES TO THEIR FULLEST POTENTIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOUG WEIR AMIE WEIR CHAIRMAN BOARD MEMBER HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS AND REVIEWED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPIONT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERINE WHETER THE ACADEMY CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST; THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ACADEMY'S BEST INTEREST, FOR ITS OWN BENEIFT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF,AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE INTERST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THE ACADEMY IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEPTION IT MUST ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW AT THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01135525
IRS990/TotalAssetsEOYAmt01454727
IRS990/TotalAssetsGrp/BOYAmt01135525
IRS990/TotalAssetsGrp/EOYAmt01454727
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0443286
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt079270
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079893
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01215278
IRS990/TotalFunctionalExpensesGrp/TotalAmt01374441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084489
IRS990/TotalLiabilitiesEOYAmt046225
IRS990/TotalLiabilitiesGrp/BOYAmt084489
IRS990/TotalLiabilitiesGrp/EOYAmt046225
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01051036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01408502
IRS990/TotalProgramServiceExpensesAmt01215278
IRS990/TotalProgramServiceRevenueAmt01286809
IRS990/TotalRevenueGrp/ExclusionAmt0214
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01288407
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01731907
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01135525
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01454727
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0124 LIGHTSHIP DRIVE
IRS990/USAddress/CityNm0MOORESVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028117
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.LIBERTYPREPNC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG WEIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07046603933
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIBERTY PREPARATORY CHRISTIAN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LIBE
ReturnHeader/Filer/EIN0264201622
ReturnHeader/Filer/USAddress/AddressLine1Txt0246 BLUME ROAD
ReturnHeader/Filer/USAddress/CityNm0MOORESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028117
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00E008D22335C8037B6CA3E6951A2BEEDE5BC3940
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01EFC2CED23F079C9EED1B74F8A68CF0526FC1586
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270428435
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARD W WOOD CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05950 FAIRVIEW RD STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0282100086
ReturnHeader/PreparerPersonGrp/PhoneNum07047591865
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD W WOOD CPA
ReturnHeader/ReturnTs02017-09-19T15:31:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-06-01
ReturnHeader/TaxPeriodEndDt02017-05-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$4.13$8.29$4.63$3.95$0.68
2024Detailed filing. Detailed filing data is available for this year.$12.0$4.44$7.61$3.95$3.25$0.71
2023Detailed filing. Detailed filing data is available for this year.$11.5$4.62$6.91$3.79$3.05$0.74
2022Detailed filing. Detailed filing data is available for this year.$11.0$4.84$6.17$3.98$2.68$1.29
2021Detailed filing. Detailed filing data is available for this year.$9.85$4.98$4.88$2.67$2.15$0.52
2020Detailed filing. Detailed filing data is available for this year.$4.42$0.07$4.36$2.18$1.69$0.49
2019Detailed filing. Detailed filing data is available for this year.$3.94$0.08$3.86$3.37$1.60$1.77
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.03$2.10$2.12$1.43$0.69
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.05$1.41$1.73$1.37$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.10$0.84$1.08$1.04$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.02$0.80$1.16$1.02$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.08$0.66$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.11$0.48$0.66