Civic Intelligence

Liberty Classical Academy

990 • Fiscal year 2018 • EIN 41-2000702

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 08, 2019

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3878 Highland AveWhite Bear Lake, MN 55110

(651) 772-2777

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.18x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

35th percentile

0.04x

Higher debt load relative to revenue than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$45,000

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

25%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$694,486

Up $166,816 (+32%) from 2017

Net Assets

Up

$570,752

Up $160,741 (+39%) from 2017

Liabilities

Up

$123,734

Up $6,075 (+5.2%) from 2017

Revenue

Up

$2,936,777

Up $583,343 (+25%) from 2017

Expenses

Up

$2,776,036

Up $599,723 (+28%) from 2017

Net Income

Down

$160,741

Down $16,380 (-9.2%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $156,375Liabilities 2011: $44,277Net Assets 2011: $112,0982011Assets 2012: $170,469Liabilities 2012: $38,670Net Assets 2012: $131,7992012Assets 2013: $131,252Liabilities 2013: $42,397Net Assets 2013: $88,8552013Assets 2014: $168,549Liabilities 2014: $43,232Net Assets 2014: $125,3172014Assets 2015: $362,954Liabilities 2015: $106,603Net Assets 2015: $256,3512015Assets 2016: $328,915Liabilities 2016: $96,025Net Assets 2016: $232,8902016Assets 2017: $527,670Liabilities 2017: $117,659Net Assets 2017: $410,0112017Assets 2018: $694,486Liabilities 2018: $123,734Net Assets 2018: $570,7522018Assets 2019: $834,448Liabilities 2019: $58,841Net Assets 2019: $775,6072019Assets 2020: $1,154,028Liabilities 2020: $432,150Net Assets 2020: $721,8782020Assets 2021: $1,655,139Liabilities 2021: $96,153Net Assets 2021: $1,558,9862021Assets 2022: $6,977,009Liabilities 2022: $715,280Net Assets 2022: $6,261,7292022Assets 2023: $10,506,539Liabilities 2023: $314,321Net Assets 2023: $10,192,2182023Assets 2025: $21,522,102Liabilities 2025: $1,409,043Net Assets 2025: $20,113,0592025

Highlighted filing

2018

Assets$694,486
Liabilities$123,734
Net Assets$570,752

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $931,741Expenses 2011: $988,790Net Income 2011: -$57,0492011Revenue 2012: $1,073,746Expenses 2012: $1,054,045Net Income 2012: $19,7012012Expenses 2013: $1,104,0442013Revenue 2014: $1,488,905Expenses 2014: $1,452,443Net Income 2014: $36,4622014Revenue 2015: $1,822,788Expenses 2015: $1,697,754Net Income 2015: $125,0342015Revenue 2016: $1,872,589Expenses 2016: $1,896,050Net Income 2016: -$23,4612016Revenue 2017: $2,353,434Expenses 2017: $2,176,313Net Income 2017: $177,1212017Revenue 2018: $2,936,777Expenses 2018: $2,776,036Net Income 2018: $160,7412018Revenue 2019: $3,318,660Expenses 2019: $3,113,805Net Income 2019: $204,8552019Revenue 2020: $3,163,853Expenses 2020: $3,217,582Net Income 2020: -$53,7292020Revenue 2021: $4,486,494Expenses 2021: $3,649,386Net Income 2021: $837,1082021Revenue 2022: $9,261,732Expenses 2022: $4,558,989Net Income 2022: $4,702,7432022Revenue 2023: $10,270,140Expenses 2023: $6,339,651Net Income 2023: $3,930,4892023Revenue 2025: $9,754,165Expenses 2025: $7,329,691Net Income 2025: $2,424,4742025

Highlighted filing

2018

Revenue$2,936,777
Expenses$2,776,036
Net Income$160,741
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 8, 2019
Return Version
2017v2.3
Gross Receipts
$2,938,857
Mission and Program Overview

Mission

Liberty classical academy is an independent private school offering college-preparatory academics and christian faith in the classical tradition for minneapolis-st. Paul students in preschool and kindergarten through the 12th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$319,178$474,496▲ $155,318
Land, Buildings, and Equipment, Net$71,801$120,252▲ $48,451
Pledges and Grants Receivable$77,282$64,534▼ $12,748
Accounts Receivable$32,073$7,763▼ $24,310
Prepaid Expenses and Deferred Charges$2,120$2,225▲ $105
Total Assets$527,670$694,486▲ $166,816
Other Assets Total$25,216$25,216→ $0
Liabilities
Deferred Revenue$100,441$101,398▲ $957
Accounts Payable and Accrued Expenses$17,218$22,336▲ $5,118
Total Liabilities$117,659$123,734▲ $6,075
Net Assets / Fund Balance
Unrestricted Net Assets$193,206$316,522▲ $123,316
Temporarily Rstr Net Assets$216,805$254,230▲ $37,425
Total Net Assets Fund Balance$410,011$570,752▲ $160,741
Total Liabilities and Net Assets / Fund Balance$527,670$694,486▲ $166,816

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$120,252$70,942$191,194
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebekah HagstromHeadmaster/pFT$45,000$45,000
Jennica DixionTreasurerPT$22,500$22,500

Board Members and Trustees

NameTitle
Heather BuumBoard Member
Kim KornBoard Member
Scott SochayBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$441,805
Program Service Revenue
$2,478,730
Investment Income
$968
Other Revenue
$15,274
All Other Contributions
$230,945
Change in Net Assets
$160,741

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,284,784
Revenue Not Reported on Financial Statements
$651,993
Revenue Not Reported on Form 990
$20,080
Other Revenue Adjustments
$651,993
Total Revenue per Audited Statements
$2,304,864
Total Revenue per Form 990
$2,936,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,589,202
Grants and Similar Amounts Paid$651,993
Other Expenses$534,841
Total Fundraising Expense$43,701
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,263,548$107,083$33,525$1,404,156
Grants to Domestic Individuals$651,993--$651,993
Occupancy$102,435$14,153$2,718$119,306
Payroll Taxes$100,923$13,945$2,678$117,546
Advertising$103,474-$2,412$105,886
Office Expenses$91,584$5,258$1,009$97,851
Current Officers, Directors, Trustees, and Key Employees-$67,500-$67,500
Travel$30,558--$30,558
All Other Expenses$23,584$342$229$24,155
Depreciation Depletion$19,376$2,677$514$22,567
Insurance$11,281$1,559$299$13,139
Conferences and Meetings$12,031--$12,031
Fees for Services Other$6,690$2,123-$8,813
Other Expenses$10,115$8,462$268$8,462
Fees for Services Accounting$6,000--$6,000
Fees for Services Legal$3,079--$3,079
Information Technology$2,105-$49$2,154
Total Functional Expenses$2,507,836$224,499$43,701$2,776,036

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,776,036
Total Expenses per Audited Statements$2,144,123
Expenses per Audited Statements$2,124,043
Expenses Not Reported on Financial Statements$651,993
Other Expense Adjustments$651,993
Expenses Not Reported on Form 990$20,080
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,080
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Marathon$210,860-$2,080-
Total Events$210,860-$2,080$-2,080
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
No
Audit committee
Yes
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
Yes
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 11B

The 990 will be presented at a board meeting for approval by the board.

Form 990, Page 6, Part VI, Line 15A

Director's salary is determined by the board of directors.

Form 990, Page 6, Part VI, Line 19

Financial statements and governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Liberty Classical Academy
EIN
41-2000702
Phone
6517722777
Address
3878 HIGHLAND AVE, WHITE BEAR LAKE, MN 55110

Signing Officer

Name
Rebekah Hagstrom
Title
Headmaster/president
Phone
6517722777
Signed
2019-02-08

Organization Details

Principal Officer
Rebekah Hagstrom
Formed
2003
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
3
Employees
76
Volunteers
52

Preparer

Firm
Harrington Langer & Associates
Address
563 PHALEN BLVD, SAINT PAUL, MN 55130
Preparer
Nichole Fairbanks
Phone
6514811128
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Liberty classical academy is an independent private school offering college-preparatory academics and christian faith in the classical tradition for minneapolis-st. Paul students in preschool and kindergarten through the 12th grade.

Form 990, Part XI, Line 9

Special events 2,080 financial aid -651,993 special events -2,080 financial aid 651,993

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

SPECIAL EVENTS 2,080

Schedule D, Page 4, Part XI, Line 4B

FINANCIAL AID 651,993

Schedule D, Page 4, Part XII, Line 2D

SPECIAL EVENTS 2,080

Schedule D, Page 4, Part XII, Line 4B

FINANCIAL AID 651,993

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02478730
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0410622
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0499421
IRS990/PYInvestmentIncomeAmt0670
IRS990/PYOtherExpensesAmt0460207
IRS990/PYOtherRevenueAmt02932
IRS990/PYProgramServiceRevenueAmt01939210
IRS990/PYRevenuesLessExpensesAmt0177121
IRS990/PYSalariesCompEmpBnftPaidAmt01216685
IRS990/PYTotalExpensesAmt02176313
IRS990/PYTotalRevenueAmt02353434
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0160741
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0651993
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0319178
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0474496
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt018000
IRS990ScheduleD/DonatedServicesUseFcltsAmt018000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0120252
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070942
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0191194
IRS990ScheduleD/ExpensesNotReportedAmt020080
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0651993
IRS990ScheduleD/ExpensesSubtotalAmt02124043
IRS990ScheduleD/OtherExpensesIncludedAmt02080
IRS990ScheduleD/OtherExpensesNotIncludedAmt0651993
IRS990ScheduleD/OtherRevenueAmt02080
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0651993
IRS990ScheduleD/RevenueNotReportedAmt020080
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0651993
IRS990ScheduleD/RevenueSubtotalAmt02284784
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS 2,080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 651,993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS 2,080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FINANCIAL AID 651,993
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120252
IRS990ScheduleD/TotalExpensesPerForm990Amt02776036
IRS990ScheduleD/TotalRevenuePerForm990Amt02936777
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02304864
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02144123
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOLS RACIAL NONDISCRIMINATORY POLICY IS PRINTED IN IT'S BROCHURES AND ADS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1TEXTBOOK AID & NURSING HELP
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0210860
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0210860
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02080
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF MARATHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0210860
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0210860
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2080
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02080
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02080
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0651993
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt090
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID IS DETERMINED BY A FAMILY'S ABILITY TO MEET EDUCATION EXPENSES. THE FINANCIAL AID DETERMINATION IS BASED ON DEMONSTRATED NEED NOT ON THE WILLINGNESS OR UNWILLINGNESS TO PAY. FINANCIAL AID IS AVAILABLE TO RETURNING CURRENT STUDENTS AND TO NEW STUDENTS WHO HAVE BEEN ACCEPTED FOR ADMISSION IN GRADES K-12.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIBERTY CLASSICAL ACADEMY IS AN INDEPENDENT PRIVATE SCHOOL OFFERING COLLEGE-PREPARATORY ACADEMICS AND CHRISTIAN FAITH IN THE CLASSICAL TRADITION FOR MINNEAPOLIS-ST. PAUL STUDENTS IN PRESCHOOL AND KINDERGARTEN THROUGH THE 12TH GRADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WILL BE PRESENTED AT A BOARD MEETING FOR APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIAL EVENTS 2,080 FINANCIAL AID -651,993 SPECIAL EVENTS -2,080 FINANCIAL AID 651,993
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0216805
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0254230
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0527670
IRS990/TotalAssetsEOYAmt0694486
IRS990/TotalAssetsGrp/BOYAmt0527670
IRS990/TotalAssetsGrp/EOYAmt0694486
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0441805
IRS990/TotalEmployeeCnt076
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043701
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0224499
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02507836
IRS990/TotalFunctionalExpensesGrp/TotalAmt02776036
IRS990/TotalGrossUBIAmt04480
IRS990/TotalLiabilitiesBOYAmt0117659
IRS990/TotalLiabilitiesEOYAmt0123734
IRS990/TotalLiabilitiesGrp/BOYAmt0117659
IRS990/TotalLiabilitiesGrp/EOYAmt0123734
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0410011
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0570752
IRS990/TotalProgramServiceExpensesAmt02507836
IRS990/TotalProgramServiceRevenueAmt02478730
IRS990/TotalReportableCompFromOrgAmt067500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02492572
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02936777
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt04480
IRS990/TotalVolunteersCnt052
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0527670
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0694486
IRS990/TravelGrp/ProgramServicesAmt030558
IRS990/TravelGrp/TotalAmt030558
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0193206
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0316522
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03878 HIGHLAND AVE
IRS990/USAddress/CityNm0WHITE BEAR LAKE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055110
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.LIBERTYCLASSICAL.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REBEKAH HAGSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06517722777

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$1.41$20.1$9.75$7.33$2.42
2023Summary only. Only limited summary data is available for this year.$10.5$0.31$10.2$10.3$6.34$3.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.98$0.72$6.26$9.26$4.56$4.70
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.10$1.56$4.49$3.65$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.43$0.72$3.16$3.22$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.06$0.78$3.32$3.11$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.12$0.57$2.94$2.78$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.12$0.41$2.35$2.18$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.10$0.23$1.87$1.90$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.11$0.26$1.82$1.70$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.04$0.13$1.49$1.45$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.04$0.09$1.10
2012Summary only. Only limited summary data is available for this year.$0.17$0.04$0.13$1.07$1.05$0.02
2011Summary only. Only limited summary data is available for this year.$0.16$0.04$0.11$0.93$0.99$0.06