Civic Intelligence

Libertys Promise Inc.

990 • Fiscal year 2019 • EIN 27-0058022

Jan 01, 2019 to Dec 31, 2019 • Filed on May 03, 2020

Organization ProfileWWW.LIBERTYSPROMISE.ORG
2900A Jefferson Davis HighwayAlexandria, VA 22305-3023

(703) 549-9950

Siviq Scores

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

Liabilities / Assets

58th percentile

0.13x

Higher debt load relative to assets than 58% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

43rd percentile

0.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

63rd percentile

8.6%

Higher net margin than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$70,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

48th percentile

2.3%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$454,885

Up $10,267 (+2.3%) from 2018

Net Assets

Up

$394,181

Up $85,765 (+28%) from 2018

Liabilities

Down

$60,704

Down $75,498 (-55%) from 2018

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin63rd percentile

Revenue

Up

$998,467

Up $102,200 (+11%) from 2018

Expenses

Down

$912,853

Down $324 (-0.0%) from 2018

Net Income

Up

$85,614

Up $102,524 (+606%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $489,529Liabilities 2010: $157,963Net Assets 2010: $331,5662010Assets 2011: $481,815Liabilities 2011: $168,677Net Assets 2011: $313,1382011Assets 2012: $388,879Liabilities 2012: $82,149Net Assets 2012: $306,7302012Assets 2013: $319,482Liabilities 2013: $75,163Net Assets 2013: $244,3192013Assets 2014: $432,339Liabilities 2014: $103,671Net Assets 2014: $328,6682014Assets 2015: $479,322Liabilities 2015: $136,999Net Assets 2015: $342,3232015Assets 2016: $473,789Liabilities 2016: $136,026Net Assets 2016: $337,7632016Assets 2017: $450,098Liabilities 2017: $124,278Net Assets 2017: $325,8202017Assets 2018: $444,618Liabilities 2018: $136,202Net Assets 2018: $308,4162018Assets 2019: $454,885Liabilities 2019: $60,704Net Assets 2019: $394,1812019Assets 2020: $807,207Liabilities 2020: $342,284Net Assets 2020: $464,9232020Assets 2021: $1,235,221Liabilities 2021: $463,913Net Assets 2021: $771,3082021Assets 2022: $1,164,458Liabilities 2022: $293,812Net Assets 2022: $870,6462022Assets 2024: $1,123,347Liabilities 2024: $298,962Net Assets 2024: $824,3852024

Highlighted filing

2019

Assets$454,885
Liabilities$60,704
Net Assets$394,181
Open 2019 Filing

Operations Trend

Revenue Growth64th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $434,5562010Expenses 2011: $454,2962011Expenses 2012: $529,3412012Revenue 2013: $439,620Expenses 2013: $502,031Net Income 2013: -$62,4112013Revenue 2014: $730,614Expenses 2014: $646,265Net Income 2014: $84,3492014Revenue 2015: $793,546Expenses 2015: $779,670Net Income 2015: $13,8762015Revenue 2016: $874,280Expenses 2016: $878,945Net Income 2016: -$4,6652016Revenue 2017: $864,737Expenses 2017: $876,528Net Income 2017: -$11,7912017Revenue 2018: $896,267Expenses 2018: $913,177Net Income 2018: -$16,9102018Revenue 2019: $998,467Expenses 2019: $912,853Net Income 2019: $85,6142019Revenue 2020: $915,377Expenses 2020: $844,084Net Income 2020: $71,2932020Revenue 2021: $1,306,264Expenses 2021: $1,003,224Net Income 2021: $303,0402021Revenue 2022: $1,299,410Expenses 2022: $1,198,745Net Income 2022: $100,6652022Revenue 2024: $1,395,393Expenses 2024: $1,426,800Net Income 2024: -$31,4072024

Highlighted filing

2019

Revenue$998,467
Expenses$912,853
Net Income$85,614
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 3, 2020
Return Version
2019v5.0
Gross Receipts
$1,007,478
Mission and Program Overview

Mission

Liberty's promise supports young immigrants in need while encouraging them to be active and conscientious american citizens. The organization's programs aim to make the immigrant experience an affirmative one for young newcomers while instilling in them a sense of pride and support for american ideals of democracy and freedom. By doing so, liberty's promise seeks to reaffirm this country's fundamental egalitarian and democratic traditions for future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$171,579$266,541▲ $94,962
Savings and Temporary Cash Investments$255,443$158,278▼ $97,165
Prepaid Expenses and Deferred Charges$9,734$10,808▲ $1,074
Land, Buildings, and Equipment, Net$3,336$6,952▲ $3,616
Investments Other Securities$3,176$3,456▲ $280
Total Assets$444,618$454,885▲ $10,267
Other Assets Total$1,350$8,850▲ $7,500
Liabilities
Deferred Revenue$76,376--
Accounts Payable and Accrued Expenses$59,826$60,704▲ $878
Total Liabilities$136,202$60,704▼ $75,498
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$240,813$310,732▲ $69,919
Net Assets With Donor Restrictions$67,603$83,449▲ $15,846
Total Net Assets Fund Balance$308,416$394,181▲ $85,765
Total Liabilities and Net Assets / Fund Balance$444,618$454,885▲ $10,267

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,952$40,900$47,852

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$104,724$113,132-$81,632$136,224
2018$72,127$65,000-$32,403$104,724
2017$72,202$39,228-$39,303$72,127
2016$99,163$49,500-$76,461$72,202
2015$185,272$79,000-$165,109$99,163
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert PonichteraExecutive DiFT$70,000$70,000

Board Members and Trustees

NameTitle
Andrew E Young CPABoard Chair/
Greg McleanBoard Member
Jack MclindonBoard Member
Krista HendryBoard Member
Louisa GreveBoard Member
Patty VitaleBoard Member
Rodger PotockiBoard Member
Rose PurcellBoard Member
Whitney TvrdyBoard Member
Jennifer WilkSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$996,912
Program Service Revenue
$0
Investment Income
$427
Other Revenue
$1,128
All Other Contributions
$534,966
Change in Net Assets
$85,614

Audited Revenue Reconciliation

Revenue per Audited Statements
$998,467
Revenue Not Reported on Form 990
$63,936
Total Revenue per Audited Statements
$1,062,403
Total Revenue per Form 990
$998,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$595,401
Other Expenses$263,352
Grants and Similar Amounts Paid$54,100
Total Fundraising Expense$21,310
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$426,998$2,228-$429,226
Current Officers, Directors, Trustees, and Key Employees$2,869$55,843$11,288$70,000
Other Employee Benefits$49,660$6,678$1,075$57,413
Grants to Domestic Individuals$54,100--$54,100
Payroll Taxes$33,604$4,446$712$38,762
Occupancy$16,703$2,285$388$19,376
All Other Expenses$4,474$7,377$2,724$14,575
Office Expenses$2,570$5,582$2,829$10,981
Travel$6,405$3,439$230$10,074
Insurance-$7,297-$7,297
Other Expenses$6,518$498$250$7,266
Depreciation Depletion$675$1,012-$1,687
Total Functional Expenses$787,150$104,393$21,310$912,853

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$976,638
Expenses per Audited Statements$912,853
Total Expenses per Form 990$912,853
Expenses Not Reported on Form 990$63,785
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,293
Fundraising Gross Income$7,145
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$20,130$7,145$2,764$4,381
Total Events$20,130$7,145$7,293$-148
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

“The bylaws of the organization were updated.”

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

“Line 11a explanation - the tax return is reviewed by the executive director and then forwarded to the full board for their vote and approval.”

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

“Each member of staff and board are required to disclose immediately of any potential conflicts of interest”

Form 990, Page 6, Part VI, Line 19

“The financial statments, governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
LIBERTY'S PROMISE
EIN
27-0058022
Phone
7035499950
Address
2900A JEFFERSON DAVIS HIGHWAY, ALEXANDRIA, VA 22305-3023

Signing Officer

Name
Robert Ponichtera
Title
Executive Director
Phone
7035499950
Signed
2020-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Ponichtera
Formed
2003
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
22
Volunteers
50

Preparer

Firm
FARMER & FIRST PC CPA'S
Address
6 STATE ST, WARREN, RI 02885-3120
Preparer
Robert First CPA
Phone
4012471040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Liberty's promise supports young immigrants in need while encouraging them to be active and conscientious american citizens. The organization's programs aim to make the immigrant experience an affirmative one for young newcomers while instilling in them a sense of pride and support for american ideals of democracy and freedom. By doing so, liberty's promise seeks to reaffirm this country's fundamental egalitarian and democratic traditions for future generations.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Accounting for uncertain income tax positions, relating to both federal and state income taxes, are required when a more likely than not threshold is attained. If such positions result in uncertainties, then the unrecognized tax liability is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. With the adoption of these new rules, the organization assessed its tax positions in accordance with the guidance. The organization has determined that its tax status as a va non-profit corporation is its only tax position and is highly certain. Therefore, these new rules had no impact on the organization's financial statements.”

Raw XML AppendixShowing 400 of 508 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059826
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt060704
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LIBERTY'S PROMISE SUPPORTS YOUNG IMMIGRANTS IN NEED WHILE ENCOURAGING THEM TO BE ACTIVE AND CONSCIENTIOUS AMERICAN CITIZENS. THE ORGANIZATION'S PROGRAMS AIM TO MAKE THE IMMIGRANT EXPERIENCE AN AFFIRMATIVE ONE FOR YOUNG NEWCOMERS WHILE INSTILLING IN THEM A SENSE OF PRIDE AND SUPPORT FOR AMERICAN IDEALS OF DEMOCRACY AND FREEDOM. BY DOING SO, LIBERTY'S PROMISE SEEKS TO REAFFIRM THIS COUNTRY'S FUNDAMENTAL EGALITARIAN AND DEMOCRATIC TRADITIONS FOR FUTURE GENERATIONS.
IRS990/AllOtherContributionsAmt0534966
IRS990/AllOtherExpensesGrp/FundraisingAmt02724
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07377
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04474
IRS990/AllOtherExpensesGrp/TotalAmt014575
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROBERT PONICHTERA
IRS990/BooksInCareOfDetail/PhoneNum07035499950
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02900A JEFFERSON DAVIS HIGHWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALEXANDRIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022305
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt011288
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt055843
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt02869
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt012985
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0996912
IRS990/CYGrantsAndSimilarPaidAmt054100
IRS990/CYInvestmentIncomeAmt0427
IRS990/CYOtherExpensesAmt0263352
IRS990/CYOtherRevenueAmt01128
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt085614
IRS990/CYSalariesCompEmpBnftPaidAmt0595401
IRS990/CYTotalExpensesAmt0912853
IRS990/CYTotalFundraisingExpenseAmt021310
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0998467
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt076376
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01012
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0675
IRS990/DepreciationDepletionGrp/TotalAmt01687
IRS990/Desc0THE ORGANIZATION COLLABORATES WITH GOVERNMENT AGENCIES, BUSINESSES AND NON-PROFIT ORGANIZATIONS TO OFFER EIGHT-WEEK INTERNSHIPS FOR LOW- INCOME,IMMIGRANT YOUTH, PROMOTES ACTIVE COMMUNITY INVOLVEMENT THROUGH AFTER-SCHOOL PROGRAMS OF CIVIC ENGAGEMENT, AND PROVIDES LONG-TERM MENTORING SO THAT YOUTH STAY IN HIGH SCHOOL, AND GO ON TO HIGHER EDUCATION AND A SUCCESSFUL CAREER.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt067603
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt083449
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0733050
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT PONICHTERA
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDREW E YOUNG CPA
IRS990/Form990PartVIISectionAGrp/PersonNm2LOUISA GREVE
IRS990/Form990PartVIISectionAGrp/PersonNm3KRISTA HENDRY
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG MCLEAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JACK MCLINDON
IRS990/Form990PartVIISectionAGrp/PersonNm6RODGER POTOCKI
IRS990/Form990PartVIISectionAGrp/PersonNm7ROSE PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm8WHITNEY TVRDY
IRS990/Form990PartVIISectionAGrp/PersonNm9PATTY VITALE
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER WILK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt070000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR/
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt012985
IRS990/FundraisingDirectExpensesAmt07293
IRS990/FundraisingGrossIncomeAmt07145
IRS990/GainOrLossGrp/SecuritiesAmt0-12
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0448961
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt054100
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt054100
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01706
IRS990/GrossReceiptsAmt01007478
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07297
IRS990/InsuranceGrp/TotalAmt07297
IRS990/InvestmentIncomeGrp/ExclusionAmt0439
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0439
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03176
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03456
IRS990/IRPDocumentCnt094
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040900
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03336
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06952
IRS990/LandBldgEquipCostOrOtherBssAmt047852
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01718
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LIBERTY'S PROMISE SUPPORTS YOUNG IMMIGRANTS IN NEED WHILE ENCOURAGING THEM TO BE ACTIVE AND CONSCIENTIOUS AMERICAN CITIZENS. THE ORGANIZATION'S PROGRAMS AIM TO MAKE THE IMMIGRANT EXPERIENCE AN AFFIRMATIVE ONE FOR YOUNG NEWCOMERS WHILE INSTILLING IN THEM A SENSE OF PRIDE AND SUPPORT FOR AMERICAN IDEALS OF DEMOCRACY AND FREEDOM. BY DOING SO, LIBERTY'S PROMISE SEEKS TO REAFFIRM THIS COUNTRY'S FUNDAMENTAL EGALITARIAN AND DEMOCRATIC TRADITIONS FOR FUTURE GENERATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0308416
IRS990/NetAssetsOrFundBalancesEOYAmt0394181
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-12
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-148
IRS990/NetUnrlzdGainsLossesInvstAmt0151
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0240813
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0310732
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0388
IRS990/OccupancyGrp/ManagementAndGeneralAmt02285
IRS990/OccupancyGrp/ProgramServicesAmt016703
IRS990/OccupancyGrp/TotalAmt019376
IRS990/OfficeExpensesGrp/FundraisingAmt02829
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05582
IRS990/OfficeExpensesGrp/ProgramServicesAmt02570
IRS990/OfficeExpensesGrp/TotalAmt010981
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01350
IRS990/OtherAssetsTotalGrp/EOYAmt08850
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01075
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06678
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049660
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057413
IRS990/OtherExpensesGrp/Desc0CIVIC CLASSES
IRS990/OtherExpensesGrp/Desc1NEW FUTURE AWARDS
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt01814
IRS990/OtherExpensesGrp/FundraisingAmt1250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07708
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1498
IRS990/OtherExpensesGrp/ProgramServicesAmt0168493
IRS990/OtherExpensesGrp/ProgramServicesAmt112951
IRS990/OtherExpensesGrp/ProgramServicesAmt21130
IRS990/OtherExpensesGrp/ProgramServicesAmt36518
IRS990/OtherExpensesGrp/TotalAmt0168493
IRS990/OtherExpensesGrp/TotalAmt112951
IRS990/OtherExpensesGrp/TotalAmt210652
IRS990/OtherExpensesGrp/TotalAmt37266
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01276
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01276
IRS990/OtherRevenueTotalAmt01276
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02228
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0426998
IRS990/OtherSalariesAndWagesGrp/TotalAmt0429226
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0712
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04446
IRS990/PayrollTaxesGrp/ProgramServicesAmt033604
IRS990/PayrollTaxesGrp/TotalAmt038762
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0171579
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0266541
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09734
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010808
IRS990/PrincipalOfficerNm0ROBERT PONICHTERA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc023 STUDENTS TOOK PART OF THE NEW FUTURES PROGRAM DURING FISCAL YEAR ENDED DECEMBER 31,2019
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt054100
IRS990/ProgSrvcAccomActy2Grp/GrantAmt054100
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0893545
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt062984
IRS990/PYInvestmentIncomeAmt0402
IRS990/PYOtherExpensesAmt0275320
IRS990/PYOtherRevenueAmt02320
IRS990/PYRevenuesLessExpensesAmt0-16910
IRS990/PYSalariesCompEmpBnftPaidAmt0574873
IRS990/PYTotalExpensesAmt0913177
IRS990/PYTotalRevenueAmt0896267
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt085614
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0255443
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0158278
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt07,524
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0996912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0893545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0866359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0871215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0791530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04419561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0439
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0402
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0636
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02419
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016155
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01276
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02320
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02533
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01380
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07524
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94400
IRS990ScheduleA/PublicSupportPY170Pct00.97740
IRS990ScheduleA/PublicSupportTotal170Amt04181368
IRS990ScheduleA/SubstantialContributorsTotAmt0238193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0996912
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0893545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0866359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0871215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0791530
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04419561
IRS990ScheduleA/TotalSupportAmt04429504
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0104724
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0113132
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0136224
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt081632
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt072127
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt065000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0104724
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt032403
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt072202
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt039228
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt072127
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt039303
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt099163
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt049500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt072202
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt076461
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0185272
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt079000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt099163
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0165109
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt063785
IRS990ScheduleD/DonatedServicesUseFcltsAmt063785
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06952
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047852
IRS990ScheduleD/ExpensesNotReportedAmt063785
IRS990ScheduleD/ExpensesSubtotalAmt0912853
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0151
IRS990ScheduleD/RevenueNotReportedAmt063936
IRS990ScheduleD/RevenueSubtotalAmt0998467
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS, RELATING TO BOTH FEDERAL AND STATE INCOME TAXES, ARE REQUIRED WHEN A MORE LIKELY THAN NOT THRESHOLD IS ATTAINED. IF SUCH POSITIONS RESULT IN UNCERTAINTIES, THEN THE UNRECOGNIZED TAX LIABILITY IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. WITH THE ADOPTION OF THESE NEW RULES, THE ORGANIZATION ASSESSED ITS TAX POSITIONS IN ACCORDANCE WITH THE GUIDANCE. THE ORGANIZATION HAS DETERMINED THAT ITS TAX STATUS AS A VA NON-PROFIT CORPORATION IS ITS ONLY TAX POSITION AND IS HIGHLY CERTAIN. THEREFORE, THESE NEW RULES HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06952
IRS990ScheduleD/TotalExpensesPerForm990Amt0912853
IRS990ScheduleD/TotalRevenuePerForm990Amt0998467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01062403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0976638
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt012985
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012985
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07293
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03004
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020130
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020130
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07145
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-148
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02764
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02764
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01525
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01525
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt052100

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$454,885
Liabilities
$60,704
Net assets
$394,181
Revenue
$998,467
Expenses
$912,853
Net income
$85,614
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.30$0.82$1.40$1.43$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.29$0.87$1.30$1.20$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.46$0.77$1.31$1.00$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.34$0.46$0.92$0.84$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.06$0.39$1.00$0.91$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.14$0.31$0.90$0.91$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.12$0.33$0.86$0.88$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.14$0.34$0.87$0.88$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.14$0.34$0.79$0.78$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.10$0.33$0.73$0.65$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.08$0.24$0.44$0.50$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.08$0.31$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.17$0.31$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.16$0.33$0.43