Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
22.90x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$6,619
No earlier filing loaded for comparison.
Net Assets
-$144,951
No earlier filing loaded for comparison.
Liabilities
$151,570
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$144,292
No earlier filing loaded for comparison.
Expenses
$270,655
No earlier filing loaded for comparison.
Net Income
-$126,363
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 15, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $144,292
Mission and Program Overview
Mission
To assist in providing financial sustainability to support service organizations and program development for permanent supportive housing (psh) affordable housing communities. To serve the needs of the poor and under-privileged residents of psh communities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO SERVE THE NEEDS OF THE POOR AND UNDER-PRIVILEGED RESIDENTS OF PSH COMMUNITIES. | - | $140,922 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AMBER RZEPKA | Secretary | - | $0 | - | - |
| MARVIN VELTKAMP | Treasurer | - | $0 | - | - |
| TONY OGDEN | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Libertas Foundation
- EIN
- 47-1168769
- Address
- 2213 HUNTERS POND, KALAMAZOO, MI 49048
Signing Officer
- Name
- Marvin Veltkamp
- Title
- Treasurer
- Phone
- 2693810350
- Signed
- 2020-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Valley Oak
- Address
- 6011 STADIUM DRIVE, KALAMAZOO, MI 49009-2007
- Preparer
- Matthew L Rzepka
- Phone
- 2694927220
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Management fee income 26,229 total 26,229”
Form 990-ez, Part I, Line 16
“Expenses supplies 851 website expense 1,536 video & photography 650 interest expense 50,678 insurance 994 waverly k1 loss 43,334 investment depreciation 27,913 total 125,956”
Form 990-ez, Part I, Line 20
“Prior period unrestricted net assets 22,980 opening balance -41,568 adjustments for filing change from 990n (2018) to 990ez (2019) for prior period unrestricted net assets and k1 equity.”
Form 990-ez, Part II, Line 26
“Investment in waverly lansing 0 151,570”
Form 990-ez, Part III
“To assist in providing financial sustainability to support service organizations and program development for permanent supportive housing (psh) affordable housing communities. To serve the needs of the poor and under-privileged residents of psh communities.”
Raw XML Appendix138 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VALLEY OAK FINANCIAL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2694927220 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6011 STADIUM DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KALAMAZOO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49009 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6619 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 117638 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -126363 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 144686 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6619 |
| IRS990EZ/GrossReceiptsAmt | 0 | 144292 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 175 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -144951 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -144951 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | AMBER RZEPKA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARVIN VELTKAMP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TONY OGDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -18588 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 125956 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 26229 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ASSIST IN PROVIDING FINANCIAL SUSTAINABILITY TO SUPPORT SERVICE ORGANIZATIONS AND PROGRAM DEVELOPMENT FOR PERMANENT SUPPORTIVE HOUSING (PSH) AFFORDABLE HOUSING COMMUNITIES. TO SERVE THE NEEDS OF THE POOR AND UNDER-PRIVILEGED RESIDENTS OF PSH COMMUNITIES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 13 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 250 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO SERVE THE NEEDS OF THE POOR AND UNDER-PRIVILEGED RESIDENTS OF PSH COMMUNITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 140922 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 151570 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 270655 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 140922 |
| IRS990EZ/TotalRevenueAmt | 0 | 144292 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 117638 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 117638 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 26654 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 26654 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 144292 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 144292 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 144292 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 144292 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 144292 |
| 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 | MANAGEMENT FEE INCOME 26,229 TOTAL 26,229 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES SUPPLIES 851 WEBSITE EXPENSE 1,536 VIDEO & PHOTOGRAPHY 650 INTEREST EXPENSE 50,678 INSURANCE 994 WAVERLY K1 LOSS 43,334 INVESTMENT DEPRECIATION 27,913 TOTAL 125,956 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR PERIOD UNRESTRICTED NET ASSETS 22,980 OPENING BALANCE -41,568 ADJUSTMENTS FOR FILING CHANGE FROM 990N (2018) TO 990EZ (2019) FOR PRIOR PERIOD UNRESTRICTED NET ASSETS AND K1 EQUITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INVESTMENT IN WAVERLY LANSING 0 151,570 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO ASSIST IN PROVIDING FINANCIAL SUSTAINABILITY TO SUPPORT SERVICE ORGANIZATIONS AND PROGRAM DEVELOPMENT FOR PERMANENT SUPPORTIVE HOUSING (PSH) AFFORDABLE HOUSING COMMUNITIES. TO SERVE THE NEEDS OF THE POOR AND UNDER-PRIVILEGED RESIDENTS OF PSH COMMUNITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2020-11-06 18:47:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARVIN VELTKAMP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2693810350 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIBERTAS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIBE |
| ReturnHeader/Filer/EIN | 0 | 471168769 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2213 HUNTERS POND |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KALAMAZOO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49048 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 13A2119D422D1286990FE36E063A79FADDD593B6 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 13A2119D422D1286990FE36E063A79FADDD593B6 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 67.219.201.195 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-06-03 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 08:50:55 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 205030243 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VALLEY OAK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6011 STADIUM DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KALAMAZOO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 490092007 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2694927220 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-05-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATTHEW L RZEPKA |
| ReturnHeader/ReturnTs | 0 | 2020-06-03T08:50:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,619
- Liabilities
- $151,570
- Net assets
- -$144,951
- Revenue
- $144,292
- Expenses
- $270,655
- Net income
- -$126,363