Civic Intelligence

Liberty East Redevelopment Inc.

990EZ • Fiscal year 2023 • EIN 58-1809489

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 10, 2023

2531 La Deara Crest LaneWinston Salem, NC 27105

(336) 761-1009

Siviq Scores

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

Liabilities / Assets

86th percentile

0.41x

Higher debt load relative to assets than 86% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-7.4%

Higher net margin than 28% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-89%

Faster asset growth than 2% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$400

Down $3,294 (-89%) from 2022

Net Assets

Down

$238

Down $3,456 (-94%) from 2022

Liabilities

$162

No earlier filing loaded for comparison.

Revenue

Down

$46,918

Down $8,506 (-15%) from 2022

Expenses

Down

$50,373

Down $12,265 (-20%) from 2022

Net Income

Up

-$3,455

Up $3,759 (+52%) from 2022

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2013: $11,655Liabilities 2013: $02013Assets 2017: $13,774Net Assets 2017: $13,7742017Assets 2018: $7,756Net Assets 2018: $7,7562018Assets 2019: $12,767Net Assets 2019: $12,7672019Assets 2020: $33,737Net Assets 2020: $33,7372020Assets 2021: $10,908Net Assets 2021: $10,9082021Assets 2022: $3,694Net Assets 2022: $3,6942022Assets 2023: $400Liabilities 2023: $162Net Assets 2023: $2382023Assets 2024: $5,793Liabilities 2024: $02024Assets 2025: $1,430Net Assets 2025: $1,4302025

Highlighted filing

2023

Assets$400
Liabilities$162
Net Assets$238

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $31,879Expenses 2013: $28,124Net Income 2013: $3,7552013Revenue 2017: $64,460Expenses 2017: $70,241Net Income 2017: -$5,7812017Revenue 2018: $56,756Expenses 2018: $62,774Net Income 2018: -$6,0182018Revenue 2019: $161,545Expenses 2019: $156,534Net Income 2019: $5,0112019Revenue 2020: $101,626Expenses 2020: $80,656Net Income 2020: $20,9702020Revenue 2021: $107,396Expenses 2021: $130,225Net Income 2021: -$22,8292021Revenue 2022: $55,424Expenses 2022: $62,638Net Income 2022: -$7,2142022Revenue 2023: $46,918Expenses 2023: $50,373Net Income 2023: -$3,4552023Revenue 2024: $56,684Expenses 2024: $51,129Net Income 2024: $5,5552024Revenue 2025: $44,741Expenses 2025: $49,104Net Income 2025: -$4,3632025

Highlighted filing

2023

Revenue$46,918
Expenses$50,373
Net Income-$3,455
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$46,918
Mission and Program Overview

Mission

Provide youth programs for the La Deara Crest neighborhood

Program Services

DescriptionGrantsExpenses
Provided programs and internet access for neighborhood youth--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Clement LittlePresidentPT$0--
Naomi JonesTreasurerPT$0--
Nancy CarpenterAsst Sec/TreasPT$0--
Twanda McCollumBoard Member-$0--
Treva LoydBoard Member-$0--
Mallory OatsBoard Member-$0--
Katherine AcenasBoard Member-$0--
Darlene DilworthBoard Member-$0--
Twana RoebuckBoard Member-$0--
Tembila CovingtonBoard Member-$0--
Reilly BrunsonBoard Member-$0--
Meridith MartinBoad Member-$0--
Filing and Contact Details

Filer

Filer Name
Liberty East Redevelopment Inc
EIN
58-1809489
Address
2531 La Deara Crest Lane, Winston Salem, NC 27105

Signing Officer

Name
Naomi Jones
Title
Executive Director
Signed
2023-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Preston Sims & Darden P A
Address
3410 Healy Dr Ste 201-K, Winston Salem, NC 27103
Preparer
Mark T Preston
Phone
3366556300
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Bank fees 144

Form 990-EZ, Part I, Line 16, Other Expenses

Misc 234

Form 990-EZ, Part I, Line 16, Other Expenses

Office Expense 1,045

Form 990-EZ, Part I, Line 16, Other Expenses

programs 439

Form 990-EZ, Part I, Line 16, Other Expenses

Internet Services 3,580

Form 990-EZ, Part I, Line 16, Other Expenses

Licenses 52

Form 990-EZ, Part I, Line 16, Other Expenses

Program supplies 15,205

Form 990-EZ, Part I, Line 16, Other Expenses

Tech Services 4,800

Form 990-EZ, Part I, Line 16, Other Expenses

Accounting 200

Form 990-EZ, Part II, Line 24, Other Assets

Chairs Beginning of year 400, End of year 400

Form 990-EZ, Part II, Line 26, Liabilities

overdrafts Beginning of year 0, End of year 162

Raw XML Appendix185 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/USAddress/CityNm0Winston Salem
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Clement Little
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Naomi Jones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Nancy Carpenter
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Meridith Martin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Asst Sec/Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Boad member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0400
IRS990EZ/OtherExpensesTotalAmt025699
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IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalExpensesAmt050373
IRS990EZ/TotalRevenueAmt046918
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048918
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0107396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0101626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0161392
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0150
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0473756
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0107396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0101626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0161392
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0473756
IRS990ScheduleA/TotalSupportAmt0473909
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank fees 144
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Misc 234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expense 1,045
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3programs 439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internet Services 3,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Licenses 52
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program supplies 15,205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Tech Services 4,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounting 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Chairs Beginning of year 400, End of year 400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10overdrafts Beginning of year 0, End of year 162
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Naomi Jones
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Liberty East Redevelopment Inc
ReturnHeader/Filer/BusinessNameControlTxt0LIBE
ReturnHeader/Filer/EIN0581809489
ReturnHeader/Filer/USAddress/AddressLine1Txt02531 La Deara Crest Lane
ReturnHeader/Filer/USAddress/CityNm0Winston Salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027105
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562147606
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Preston Sims & Darden P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03410 Healy Dr Ste 201-K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Winston Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027103
ReturnHeader/PreparerPersonGrp/PhoneNum03366556300
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark T Preston
ReturnHeader/ReturnTs02023-11-10T11:08:34-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Naomi
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Jones
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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