Liberty Academy Charter School
Nonprofit profile at a glance
- EIN
- 223647244
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Jersey City, NJ, USA
- Phone
- 2012175771
- Rating confidence
- Limited
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $4,354,392
- Expenses
- $4,037,403
- Assets
- $1,331,299
- Liabilities
- $148,398
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The educational team of the liberty charter school are commited to creating a foundation upon which students will realize their full potential through diverse cooperative learning experiences. We will provide a safe and caring environment that fosters the development of confident, compassionate and independent contributing citizens which will empower them to become lifelong learners
What it reported doing in 2011
Liberty Academy Charter School provides a full range of services appropriate to students in grades K through grade 8. These services include Regular as well Special Education and Basic Skills education.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 88
- Sustainability: 56
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.3%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 15/100.