Liberty Initiative Fund

990EZ • Fiscal year 2015 • EIN 45-4101488

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization Profile WWW.LIBERTYIFUND.ORG

13168 Centerpointe Way Suite 202Woodbridge, VA 22193

(269) 544-0322

Siviq Scores

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

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

0.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

-544%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

$54,337

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 166.2% of source-year revenue.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

-53%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

-95%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets65th percentile

Assets

Down

$155,019

Down $175,439 (-53%) from 2014

Net Assets

Down

$152,517

Down $177,941 (-54%) from 2014

Liabilities

$2,502

Up $2,502 from 2014

Revenue And Expenses

Liabilities / Revenue76th percentile Net Margin1st percentile

Revenue

Down

$32,695

Down $633,305 (-95%) from 2014

Expenses

Down

$210,636

Down $332,229 (-61%) from 2014

Net Income

Down

-$177,941

Down $301,076 (-245%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2015

Assets$155,019

Liabilities$2,502

Net Assets$152,517

Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

Highlighted filing

2015

Revenue$32,695

Expenses$210,636

Net Income-$177,941

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Nov 14, 2016
Return Version: 2015v2.1
Gross Receipts: $32,695

Mission and Program Overview

Mission

Liberty initiative fund promotes governmental accountability and protects personal and economic freedom by advocating for citizen initiatives and other ballots measures that support liberty and opposing those ballot measures that reduce liberty and governmental accountability.

Program Services

Description	Grants	Expenses
LIBERTY INITIATIVE FUND PROMOTES GOVERNMENTAL ACCOUNTABILITY AND PROTECTS PERSONAL AND ECONOMIC FREEDOM BY ADVOCATING FOR CITIZEN INITIATIVES AND OTHER BALLOT MEASURES THAT SUPPORT LIBERTY AND OPPOSING THOSE BALLOT MEASURES THAT REDUCE LIBERTY AND GOVERNMENTAL ACCOUNTABILITY.	$50,150	$160,731

Compensation and Service Providers

Top Officer Pay96th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
PAUL JACOB	President	PT	$54,337	-	$54,337
FRANK GILBERT	Treasurer	-	$0	-	-
JOHN TILLMAN	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Liberty Initiative Fund
EIN: 45-4101488
Address: 13168 CENTERPOINTE WAY SUITE 202, WOODBRIDGE, VA 22193

Signing Officer

Name: Paul Jacob
Title: President
Signed: 2016-11-14

Preparer

Firm: Brink Key & Chludzinski Pc
Address: 1300 W CENTRE AVE STE 200, PORTAGE, MI 49024
Preparer: Jaime L Wilfong
Phone: 2693219200

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Refund of grant contribution 15,000 total 15,000”

Form 990-ez, Part I, Line 10

“Citizens in charge 13168 centerpointe way suite 202 woodbridge, va 22193 35,000 0 0”

Form 990-ez, Part I, Line 16

“Expenses 569 1,896 leased employees 144,104 total 146,569”

Form 990-ez, Part II, Line 24

“Note receivable - cicf 187,059 26,726 note receivable - cic 121,962 127,197 total 309,021 153,923”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 2,502 refund payable 0 0”

Form 990-ez, Part III

“Liberty initiative fund promotes governmental accountability and protects personal and economic freedom by advocating for citizen initiatives and other ballots measures that support liberty and opposing those ballot measures that reduce liberty and governmental accountability.”

Form 990-ez, Part III, Line 28

“Liberty initiative fund promotes governmental accountability and protects personal and economic freedom by advocating for citizen initiatives and other ballot measures that support liberty and opposing those ballot measures that reduce liberty and governmental accountability.”

Raw XML Appendix115 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2695440322
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 19366
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	KALAMAZOO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	49019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	21437
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	1096
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	17695
IRS990EZ/DonorAdvisedFndsInd	0	false
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IRS990EZ/ExcessOrDeficitForYearAmt	0	-177941
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	50150
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IRS990EZ/InfoInScheduleOPartIIIInd	0	X
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IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	330458
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	152517
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	330458
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	152517
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	6857
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	PAUL JACOB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	FRANK GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JOHN TILLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	309021
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	153923
IRS990EZ/OtherExpensesTotalAmt	0	146569
IRS990EZ/OtherRevenueTotalAmt	0	15000
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	LIBERTY INITIATIVE FUND PROMOTES GOVERNMENTAL ACCOUNTABILITY AND PROTECTS PERSONAL AND ECONOMIC FREEDOM BY ADVOCATING FOR CITIZEN INITIATIVES AND OTHER BALLOTS MEASURES THAT SUPPORT LIBERTY AND OPPOSING THOSE BALLOT MEASURES THAT REDUCE LIBERTY AND GOVERNMENTAL ACCOUNTABILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	LIBERTY INITIATIVE FUND PROMOTES GOVERNMENTAL ACCOUNTABILITY AND PROTECTS PERSONAL AND ECONOMIC FREEDOM BY ADVOCATING FOR CITIZEN INITIATIVES AND OTHER BALLOT MEASURES THAT SUPPORT LIBERTY AND OPPOSING THOSE BALLOT MEASURES THAT REDUCE LIBERTY AND GOVERNMENTAL ACCOUNTABILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	50150
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	160731
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	2502
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	210636
IRS990EZ/TotalProgramServiceExpensesAmt	0	160731
IRS990EZ/TotalRevenueAmt	0	32695
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.LIBERTYIFUND.ORG
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	REFUND OF GRANT CONTRIBUTION 15,000 TOTAL 15,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	CITIZENS IN CHARGE 13168 CENTERPOINTE WAY SUITE 202 WOODBRIDGE, VA 22193 35,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	EXPENSES 569 1,896 LEASED EMPLOYEES 144,104 TOTAL 146,569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	NOTE RECEIVABLE - CICF 187,059 26,726 NOTE RECEIVABLE - CIC 121,962 127,197 TOTAL 309,021 153,923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 2,502 REFUND PAYABLE 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	LIBERTY INITIATIVE FUND PROMOTES GOVERNMENTAL ACCOUNTABILITY AND PROTECTS PERSONAL AND ECONOMIC FREEDOM BY ADVOCATING FOR CITIZEN INITIATIVES AND OTHER BALLOTS MEASURES THAT SUPPORT LIBERTY AND OPPOSING THOSE BALLOT MEASURES THAT REDUCE LIBERTY AND GOVERNMENTAL ACCOUNTABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	LIBERTY INITIATIVE FUND PROMOTES GOVERNMENTAL ACCOUNTABILITY AND PROTECTS PERSONAL AND ECONOMIC FREEDOM BY ADVOCATING FOR CITIZEN INITIATIVES AND OTHER BALLOT MEASURES THAT SUPPORT LIBERTY AND OPPOSING THOSE BALLOT MEASURES THAT REDUCE LIBERTY AND GOVERNMENTAL ACCOUNTABILITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PAUL JACOB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LIBERTY INITIATIVE FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	LIBE
ReturnHeader/Filer/EIN	0	454101488
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	13168 CENTERPOINTE WAY SUITE 202
ReturnHeader/Filer/USAddress/CityNm	0	WOODBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	VA
ReturnHeader/Filer/USAddress/ZIPCd	0	22193
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	383061223
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	BRINK KEY & CHLUDZINSKI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1300 W CENTRE AVE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	PORTAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	49024
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2693219200
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JAIME L WILFONG
ReturnHeader/ReturnTs	0	2016-11-14T14:34:44-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-01-01
ReturnHeader/TaxPeriodEndDt	0	2015-12-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $155,019
Liabilities: $2,502
Net assets: $152,517
Revenue: $32,695
Expenses: $210,636
Net income: -$177,941

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.68	$0.12	$0.56	$3.95	$3.82	$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.52	$0.06	$0.58	$3.09	$1.83	$1.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.01	$0.69	$0.68	$2.27	$5.21	$2.94
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.34	$0.07	$2.26	$3.24	$2.14	$1.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.17	$0.00	$1.17	$0.90	$0.81	$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.68	$0.00	$0.68	$0.28	$0.02	$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.42	$0.00	$0.42	$0.49	$0.22	$0.27
2015Detailed filing. Detailed filing data is available for this year.	$0.16	$0.00	$0.15	$0.03	$0.21	$0.18
2014Detailed filing. Detailed filing data is available for this year.	$0.33	$0.00	$0.33	$0.67	$0.54	$0.12
2013Detailed filing. Detailed filing data is available for this year.	$0.24	$0.04	$0.21	$1.09	$0.98	$0.11