Liberated Success Inc

Nonprofit profile at a glance

EIN
852654866
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Brooklyn, NY, USA
Phone
9176345126
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Official website

Reported finances

Revenue
$174,432
Expenses
$154,814
Assets
$56,863
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Ebony Tyler (Executive Director)
  • Natasha Ward (Board President)

People named in this filing

  • Ebony Tyler (Executive Director)
  • Natasha Ward (Board President)
  • Pamela Smith (Board Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide career services to underserved youth.

What it reported doing in 2024

College Success Mentorship Program This program provided one on one mentorship and career development workshops to college students preparing for the workforce. The program included resume building, interview skills, and workplace etiquette. Over the course of the year, we served 10 students. Funds were used to cover insurance, office space, and stipends for student participants, with 10 students receiving stipends for their active participation and leadership in program activities.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.4%; rating input score 88
  • Program expense ratio: 99.6%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.2%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 46.9%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 26.1% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 69.6% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 88.4% of revenue deployed · 99.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $154K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.