Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
990 • Fiscal year 2020 • EIN 41-2000702
Refreshing map…
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
50th percentile
Higher debt load relative to revenue than 50% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
47th percentile
Higher top officer pay than 47% of similar nonprofits.
Top officer pay equals 1.7% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$1,154,028
Up $319,580 (+38%) from 2019
Net Assets
Down$721,878
Down $53,729 (-6.9%) from 2019
Liabilities
Up$432,150
Up $373,309 (+634%) from 2019
Revenue
Down$3,163,853
Down $154,807 (-4.7%) from 2019
Expenses
Up$3,217,582
Up $103,777 (+3.3%) from 2019
Net Income
Down-$53,729
Down $258,584 (-126%) from 2019
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $615,296 | $970,089 | ▲ $354,793 |
| Land, Buildings, and Equipment, Net | $107,928 | $105,016 | ▼ $2,912 |
| Pledges and Grants Receivable | $72,693 | $45,150 | ▼ $27,543 |
| Prepaid Expenses and Deferred Charges | $4,378 | $5,705 | ▲ $1,327 |
| Accounts Receivable | $8,937 | $2,852 | ▼ $6,085 |
| Total Assets | $834,448 | $1,154,028 | ▲ $319,580 |
| Other Assets Total | $25,216 | $25,216 | → $0 |
| Liabilities | |||
| Other Liabilities | - | $372,200 | - |
| Deferred Revenue | $37,754 | $47,998 | ▲ $10,244 |
| Accounts Payable and Accrued Expenses | $21,087 | $11,952 | ▼ $9,135 |
| Total Liabilities | $58,841 | $432,150 | ▲ $373,309 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $486,803 | $565,394 | ▲ $78,591 |
| Net Assets With Donor Restrictions | $288,804 | $156,484 | ▼ $132,320 |
| Total Net Assets Fund Balance | $775,607 | $721,878 | ▼ $53,729 |
| Total Liabilities and Net Assets / Fund Balance | $834,448 | $1,154,028 | ▲ $319,580 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $105,016 | $132,754 | $237,770 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Rebekah Hagstrom | Headmaster/p | FT | $52,538 | $52,538 |
| Name | Title |
|---|---|
| Heather Buum | Board Member |
| Kim Korn | Board Member |
| Scott Sochay | Board Member |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,023,904 |
| Grants and Similar Amounts Paid | $675,666 |
| Other Expenses | $518,012 |
| Total Fundraising Expense | $81,969 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,503,770 | $256,088 | $64,483 | $1,824,341 |
| Grants to Domestic Individuals | $675,666 | - | - | $675,666 |
| Occupancy | $122,814 | $25,206 | $5,266 | $153,286 |
| Payroll Taxes | $117,798 | $24,176 | $5,051 | $147,025 |
| Advertising | $63,795 | - | $2,270 | $66,065 |
| Office Expenses | $50,527 | $10,370 | $2,168 | $63,065 |
| Current Officers, Directors, Trustees, and Key Employees | - | $52,538 | - | $52,538 |
| All Other Expenses | $30,332 | $8,593 | $396 | $39,321 |
| Depreciation Depletion | $24,043 | $4,934 | $1,031 | $30,008 |
| Insurance | $14,191 | $2,912 | $609 | $17,712 |
| Fees for Services Other | $14,342 | $2,822 | - | $17,164 |
| Other Expenses | $9,989 | $2,050 | $428 | $12,467 |
| Information Technology | $7,513 | - | $267 | $7,780 |
| Conferences and Meetings | $2,123 | - | - | $2,123 |
| Total Functional Expenses | $2,745,924 | $389,689 | $81,969 | $3,217,582 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $3,217,582 |
| Expenses per Audited Statements | $2,541,916 |
| Total Expenses per Audited Statements | $2,541,916 |
| Expenses Not Reported on Financial Statements | $675,666 |
| Other Expense Adjustments | $675,666 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Scholarship Dri | $134,507 | - | - | - |
| Total Events | $134,507 | - | - | - |
| Liability | Amount |
|---|---|
| Ppp Loan | $372,200 |
“The 990 will be presented at a board meeting for approval by the board.”
“Director's salary is determined by the board of directors.”
“Financial statements and governing documents are available upon request”
“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.”
“Financial aid -675,666 financial aid 675,666”
“FINANCIAL AID 675,666”
“FINANCIAL AID 675,666”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 21087 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 11952 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 8937 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2852 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 2270 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 63795 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 66065 |
| IRS990/AllOtherContributionsAmt | 0 | 179581 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 396 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8593 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 30332 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 39321 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LIBERTY CLASSICAL ACADEMY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6517722777 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3878 HIGHLAND AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WHITE BEAR LAKE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55110 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 615296 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 970089 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 52538 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 52538 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2123 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2123 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 134507 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 314088 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 675666 |
| IRS990/CYInvestmentIncomeAmt | 0 | 9444 |
| IRS990/CYOtherExpensesAmt | 0 | 518012 |
| IRS990/CYOtherRevenueAmt | 0 | 4760 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2835561 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -53729 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2023904 |
| IRS990/CYTotalExpensesAmt | 0 | 3217582 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 81969 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3163853 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 37754 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 47998 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 1031 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 4934 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 24043 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 30008 |
| IRS990/Desc | 0 | LIBERTY CLASSICAL ACADEMY JOINS RIGOROUS ACADEMICS WITH A PASSIONATE COMMITMENT TO THE CHRISTIAN FAITH. WE ARE DEDICATED TO OUR STUDENTS AND TO THEIR FAMILIES, TO BUILDING LIFELONG LEARNERS WHO ARE READY FOR COLLEGE AND READY FOR LIFE, AND WHO WILL INSPIRE OTHERS TOWARD A LIFE WORTH LIVING. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 288804 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 156484 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 63 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 2745924 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 2822 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 14342 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 17164 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | REBEKAH HAGSTROM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HEATHER BUUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KIM KORN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SCOTT SOCHAY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 52538 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | HEADMASTER/P |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 134507 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 675666 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 675666 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 675666 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3163853 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 267 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 7513 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 7780 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 609 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2912 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 14191 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 17712 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 9444 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 9444 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 132754 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 107928 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 105016 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 237770 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 775607 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 721878 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 486803 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 565394 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 5266 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 25206 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 122814 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 153286 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 2168 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 10370 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 50527 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 63065 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 25216 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 25216 |
| IRS990/OtherExpensesGrp/Desc | 0 | CURRICULUM AND CLASSROOM |
| IRS990/OtherExpensesGrp/Desc | 1 | SCHOOL ATHLETICS & EVENTS |
| IRS990/OtherExpensesGrp/Desc | 2 | LUNCH PROGRAM |
| IRS990/OtherExpensesGrp/Desc | 3 | BUILDING MAINTENANCE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 428 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2050 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 56634 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 36019 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 16368 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 9989 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 56634 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 36019 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 16368 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 12467 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 372200 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4760 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4760 |
| IRS990/OtherRevenueTotalAmt | 0 | 4760 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 64483 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 256088 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1503770 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1824341 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 5051 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 24176 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 117798 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 147025 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 72693 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 45150 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4378 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5705 |
| IRS990/PrincipalOfficerNm | 0 | REBEKAH HAGSTROM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SCHOOL TUITION AND FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2835561 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2835561 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 474494 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 714559 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2514 |
| IRS990/PYOtherExpensesAmt | 0 | 591692 |
| IRS990/PYOtherRevenueAmt | 0 | 11534 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2830118 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 204855 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1807554 |
| IRS990/PYTotalExpensesAmt | 0 | 3113805 |
| IRS990/PYTotalRevenueAmt | 0 | 3318660 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -53729 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 105016 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 132754 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 237770 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 675666 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2541916 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 675666 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 372200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PPP LOAN |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 675666 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 675666 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2488187 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FINANCIAL AID 675,666 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FINANCIAL AID 675,666 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 105016 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3217582 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 372200 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3163853 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2488187 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2541916 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOLS RACIAL NONDISCRIMINATORY POLICY IS PRINTED IN IT'S BROCHURES AND ADS |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | TEXTBOOK AID & NURSING HELP |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, LINE 6 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 134507 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 134507 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SCHOLARSHIP DRI |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 134507 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 134507 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 675666 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | FINANCIAL AID |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 161 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | FINANCIAL 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/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE 990 WILL BE PRESENTED AT A BOARD MEETING FOR APPROVAL BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FINANCIAL AID -675,666 FINANCIAL AID 675,666 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 834448 |
| IRS990/TotalAssetsEOYAmt | 0 | 1154028 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 834448 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1154028 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 314088 |
| IRS990/TotalEmployeeCnt | 0 | 63 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 81969 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 389689 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2745924 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3217582 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 58841 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 432150 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 58841 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 432150 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 775607 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 721878 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2745924 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2835561 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 52538 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2849765 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3163853 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 834448 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1154028 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 3878 HIGHLAND AVE |
| IRS990/USAddress/CityNm | 0 | WHITE BEAR LAKE |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55110 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LIBERTYCLASSICAL.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | REBEKAH HAGSTROM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | HEADMASTER/PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6517722777 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIBERTY CLASSICAL ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIBE |
| ReturnHeader/Filer/EIN | 0 | 412000702 |
| ReturnHeader/Filer/PhoneNum | 0 | 6517722777 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3878 HIGHLAND AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WHITE BEAR LAKE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55110 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411532347 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HARRINGTON LANGER & ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 563 PHALEN BLVD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAINT PAUL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55130 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6514811128 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-02-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NICHOLE FAIRBANKS |
| ReturnHeader/ReturnTs | 0 | 2021-02-19T14:27:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.