Civic Intelligence

Liberty High School Inc

EIN 86-0830367 • 501(c)3 • Globe, AZ

Profile

Liberty high school is an educational community committed to academic rigor in the core secondary subjects which provides students with small class sizes, individualized attention, credit recovery options and decision making skills needed to freely participate and succeed in a rapidly changing world.

1300 East Cedar StreetGlobe, AZ 85501

www.liberty-high.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.09x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

28th percentile

-5.6%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$97,172

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$506,154

Down $91,769 (-15%) from 2023

Liabilities

Down

$94,651

Down $33,963 (-26%) from 2023

Net Assets

Down

$411,503

Down $57,806 (-12%) from 2023

Revenue

Up

$1,035,134

Up $79,415 (+8.3%) from 2023

Expenses

Up

$1,092,940

Up $159,311 (+17%) from 2023

Net Income

Down

-$57,806

Down $79,896 (-362%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $104,913Liabilities 2010: $23,672Net Assets 2010: $81,2412010Assets 2011: $39,345Liabilities 2011: $20,036Net Assets 2011: $19,3092011Assets 2012: $107,447Liabilities 2012: $19,145Net Assets 2012: $88,3022012Assets 2014: $193,845Liabilities 2014: $5,793Net Assets 2014: $188,0522014Assets 2015: $274,947Liabilities 2015: $14,895Net Assets 2015: $260,0522015Assets 2016: $349,407Liabilities 2016: $8,066Net Assets 2016: $341,3412016Assets 2019: $275,080Liabilities 2019: $39,843Net Assets 2019: $235,2372019Assets 2020: $344,067Liabilities 2020: $24,945Net Assets 2020: $319,1222020Assets 2021: $487,790Liabilities 2021: $29,301Net Assets 2021: $458,4892021Assets 2022: $565,261Liabilities 2022: $78,040Net Assets 2022: $487,2212022Assets 2023: $597,923Liabilities 2023: $128,614Net Assets 2023: $469,3092023Assets 2024: $506,154Liabilities 2024: $94,651Net Assets 2024: $411,5032024

Highlighted filing

2024

Assets$506,154
Liabilities$94,651
Net Assets$411,503

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $538,5272010Revenue 2011: $443,375Expenses 2011: $505,307Net Income 2011: -$61,9322011Revenue 2012: $553,132Expenses 2012: $484,139Net Income 2012: $68,9932012Revenue 2014: $548,163Expenses 2014: $546,031Net Income 2014: $2,1322014Revenue 2015: $732,233Expenses 2015: $660,235Net Income 2015: $71,9982015Revenue 2016: $791,036Expenses 2016: $709,747Net Income 2016: $81,2892016Revenue 2019: $843,812Expenses 2019: $831,190Net Income 2019: $12,6222019Revenue 2020: $894,411Expenses 2020: $816,405Net Income 2020: $78,0062020Revenue 2021: $1,020,031Expenses 2021: $880,664Net Income 2021: $139,3672021Revenue 2022: $889,666Expenses 2022: $860,934Net Income 2022: $28,7322022Revenue 2023: $955,719Expenses 2023: $933,629Net Income 2023: $22,0902023Revenue 2024: $1,035,134Expenses 2024: $1,092,940Net Income 2024: -$57,8062024

Highlighted filing

2024

Revenue$1,035,134
Expenses$1,092,940
Net Income-$57,806

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$1,035,134
Mission and Program Overview

Mission

Liberty high school is an educational community committed to academic rigor in the core secondary subjects which provides students with small class sizes, individualized attention, credit recovery options and decision making skills needed to freely participate and succeed in a rapidly changing world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$266,545$205,040▼ $61,505
Savings and Temporary Cash Investments$141,413$141,978▲ $565
Land, Buildings, and Equipment, Net$91,718$78,271▼ $13,447
Prepaid Expenses and Deferred Charges$17$10,468▲ $10,451
Pledges and Grants Receivable$3,847$5,466▲ $1,619
Total Assets$597,923$506,154▼ $91,769
Other Assets Total$94,383$64,931▼ $29,452
Liabilities
Other Liabilities$92,383$62,931▼ $29,452
Accounts Payable and Accrued Expenses$36,231$22,072▼ $14,159
Deferred Revenue-$9,648-
Total Liabilities$128,614$94,651▼ $33,963
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$297,074$289,522▼ $7,552
Net Assets With Donor Restrictions$172,235$121,981▼ $50,254
Total Net Assets Fund Balance$469,309$411,503▼ $57,806
Total Liabilities and Net Assets / Fund Balance$597,923$506,154▼ $91,769

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,557$132,845$155,402
Leasehold Improvements$55,714$38,662$94,376
Other Assets Org$2,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abigail R JennexDirector/memFT$82,596$14,576$97,172

Board Members and Trustees

NameTitle
Colleen DerosePresident
Jerry DeroseMember
Karen CarawayMember
Robert PastorSecretary
David FranqueroVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,032,694
Program Service Revenue
$1,875
Investment Income
$565
Other Revenue
$0
All Other Contributions
$3,500
Change in Net Assets
$-57,806

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,035,134
Total Revenue per Audited Statements
$1,035,134
Total Revenue per Form 990
$1,035,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$881,575
Other Expenses$211,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$392,533$210,337-$602,870
Current Officers, Directors, Trustees, and Key Employees-$83,300-$83,300
Other Employee Benefits$30,696$52,289-$82,985
Occupancy$59,572$14,643-$74,215
Pension Plan Contributions$30,421$32,894-$63,315
Office Expenses$41,170$16,094-$57,264
Payroll Taxes$27,212$21,893-$49,105
Depreciation Depletion$27,462$6,866-$34,328
Fees for Services Accounting-$16,768-$16,768
Fees for Services Other$14,131$1,851-$15,982
Travel$860$3,250-$4,110
Insurance$3,122$781-$3,903
Information Technology$2,455--$2,455
Other Expenses$1,453--$1,453
Advertising-$887-$887
Total Functional Expenses$631,087$461,853$0$1,092,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,092,940
Total Expenses per Audited Statements$1,092,940
Total Expenses per Form 990$1,092,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$62,931
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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 2

Jerry derose colleen derose member vp spouse

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to all governing board members for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board reviews all potential conflicts as they arise.

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

The compensation of all top management officials are reviewed and approved by the governing board and compared to compensation amounts of similar positions in similar organizations.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Liberty High School Inc
EIN
86-0830367
Phone
9284028024
Address
1300 EAST CEDAR STREET, GLOBE, AZ 85501

Signing Officer

Name
Abigail R Jennex
Title
Director/member
Phone
9284028024
Signed
2025-05-01

Organization Details

Principal Officer
Abigail R Jennex
Formed
1996
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
5
Employees
24

Preparer

Firm
Aspire Business Consultants
Address
17505 N 79TH AVE STE 405, GLENDALE, AZ 85308
Preparer
Heather Jones
Phone
6028812483
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Liberty high school is an educational community committed to academic rigor in the core secondary subjects which provides students with small class sizes, individualized attention, credit recovery options and decision making skills needed to freely participate and succeed in a rapidly changing world.

Raw XML Appendix379 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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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt01035134
IRS990ScheduleD/TotalBookValueLandBuildingsAmt078271
IRS990ScheduleD/TotalBookValueOtherAssetsAmt064931
IRS990ScheduleD/TotalExpensesPerForm990Amt01092940
IRS990ScheduleD/TotalLiabilityAmt062931
IRS990ScheduleD/TotalRevenuePerForm990Amt01035134
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01035134
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01092940
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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 SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS LISTED ON THE WEBSITE AND ENROLLMENT PAPERWORK.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES EQUALIZATION FUNDING FROM THE STATE OF ARIZONA, ALONG WITH FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIBERTY HIGH SCHOOL IS AN EDUCATIONAL COMMUNITY COMMITTED TO ACADEMIC RIGOR IN THE CORE SECONDARY SUBJECTS WHICH PROVIDES STUDENTS WITH SMALL CLASS SIZES, INDIVIDUALIZED ATTENTION, CREDIT RECOVERY OPTIONS AND DECISION MAKING SKILLS NEEDED TO FREELY PARTICIPATE AND SUCCEED IN A RAPIDLY CHANGING WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JERRY DEROSE COLLEEN DEROSE MEMBER VP SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO ALL GOVERNING BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS ALL POTENTIAL CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF ALL TOP MANAGEMENT OFFICIALS ARE REVIEWED AND APPROVED BY THE GOVERNING BOARD AND COMPARED TO COMPENSATION AMOUNTS OF SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0506154
IRS990/TotalAssetsGrp/BOYAmt0597923
IRS990/TotalAssetsGrp/EOYAmt0506154
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01032694
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0631087
IRS990/TotalFunctionalExpensesGrp/TotalAmt01092940
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0128614
IRS990/TotalLiabilitiesEOYAmt094651
IRS990/TotalLiabilitiesGrp/BOYAmt0128614
IRS990/TotalLiabilitiesGrp/EOYAmt094651
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0469309
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0411503
IRS990/TotalOtherCompensationAmt014576
IRS990/TotalProgramServiceExpensesAmt0631087
IRS990/TotalProgramServiceRevenueAmt01875
IRS990/TotalReportableCompFromOrgAmt082596
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01035134
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0597923
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0506154
IRS990/TravelGrp/ManagementAndGeneralAmt03250
IRS990/TravelGrp/ProgramServicesAmt0860
IRS990/TravelGrp/TotalAmt04110
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 E CEDAR ST
IRS990/USAddress/CityNm0GLOBE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085502
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LIBERTY-HIGH.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ABIGAIL R JENNEX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum09284028024
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIBERTY HIGH SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LIBE
ReturnHeader/Filer/EIN0860830367
ReturnHeader/Filer/PhoneNum09284028024
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 EAST CEDAR STREET
ReturnHeader/Filer/USAddress/CityNm0GLOBE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085501
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454728843
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ASPIRE BUSINESS CONSULTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017505 N 79TH AVE STE 405
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085308
ReturnHeader/PreparerPersonGrp/PhoneNum06028812483
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER JONES
ReturnHeader/ReturnTs02025-05-14T15:26:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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