Liberation Ventures Inc
Nonprofit profile at a glance
- EIN
- 994545561
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Wilmington, DE, USA
- Phone
- 8778295500
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $3,745,795
- Expenses
- $163,526
- Assets
- $3,747,459
- Liabilities
- $165,189
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ARIA FLORANT (PRESIDENT AND CEO)
People named in this filing
- ARIA FLORANT (PRESIDENT AND CEO)
- AMINA FAHMY CASEWIT (BOARD SECRETARY)
- MEGAN FRANCIS (BOARD CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Liberation ventures is a field catalyst accelerating the movement working towards reparations for slavery and its legacies. Long term, we are building a culture of repair for all people in the united states. As a field catalyst, we mobilize resources, spread narratives, and strengthen movement capacity to make comprehensive reparations common sense and commonplace in our lifetime. We know reparations for black people unlocks true belonging for us all, and enables a just multiracial democracy. This american dream a dream in our name is not only achievable, but necessary for our society to survive and thrive.
What it reported doing in 2024
Strengthening relationships and movement capacity - liberation ventures coordinates and encourages greater collaboration between the different organizations, academic or think-tank researchers, and policy developers working on reparations. In connection with this capacity-building work, the organization hosts events to connect those stakeholders. It also intends to develop training programs, research agendas, research databases, and forms of technical assistance that support those stakeholders' work.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 94
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.7%; rating input score 4
- Program expense ratio: 83.8%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 95.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 22.92; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 3.7% of revenue deployed · 83.8% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $137K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 4/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.