2024-04-23T05:02:15-07:00 2023-06-30 860553260 Janice Moen CPA 12 Vista Drive Hooksett NH 03106 990 2022-07-01 208600388 Liberty School Inc LIBE 9703854834 3107 Western Ave Durango CO 81301 Marcie Bidwell Vice Chair 2024-04-23 true Marcie Bidwell 999009999 true Janice Moen CPA P01206712 5052502231 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Jack Morrison 3107 Western Ave Durango CO 81301 711640 false X www.thelibertyschool.org X 2007 CO To provide individualized, dynamic education for dyslexic and/or academically gifted students. 7 7 19 228 0 223739 162871 549987 548297 1114 472 0 774840 711640 73388 80500 0 470649 436247 0 35517 244871 234191 788908 750938 -14068 -39298 3990304 3891823 1496986 1437803 2493318 2454020 To provide individualized, dynamic education for dyslexic and/or academically gifted students. false false 631406 80500 467797 Liberty School is a fully accredited organization serving the southwest region of Colorado, educating dyslexic, gifted, and twice-exceptional students in grades one through eight using a highly individualized approach and one-on-one language tutoring. In addition, teacher trainings and screening evaluations are provided to the community at reduced or free rates, as well as educational presentations and dyslexia simulations to help raise awareness. 631406 true true false false false false false false false false true false false false false true false false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 6 0 true 19 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X Bonnie Rozean 9703854834 3107 Western Ave Durango CO 81301 Douglas C Holmen Head of School 40.00 0.00 X 31603 0 0 Jack Morrison Chair 3.00 0.00 X X 0 0 0 Roger Ptolemy Treasurer 5.00 0.00 X X 0 0 0 Marcie Bidwell Vice Chair 3.00 0.00 X X 0 0 0 Joachim Fischer Secretary 1.50 0.00 X X 0 0 0 Pat Hartman Director 1.75 0.00 X 0 0 0 Mike Hudson Director 1.25 0.00 X 0 0 0 Kathleen Goodman Director 5.00 0.00 X 0 0 0 31603 0 false false false 0 162871 395 162871 Tuition and fees 611600 548297 548297 548297 472 472 0 0 0 0 0 0 0 0 711640 548297 472 0 80500 80500 0 0 31603 10429 10745 10429 0 368859 324970 31128 12761 0 1233 1036 123 74 34552 29024 3455 2073 0 0 16849 16849 0 0 0 18233 2825 15120 288 0 0 0 0 48203 43381 1929 2893 0 0 0 28321 25489 1133 1699 0 77082 69374 3083 4625 8030 7227 321 482 Program expenses 34250 34250 Fees and subscriptions 3223 2901 129 193 0 750938 631406 84015 35517 177662 233080 190955 114933 0 899 0 0 0 0 0 2220 2323 3936587 395100 3618568 3541487 0 0 0 0 0 3990304 3891823 6815 9633 17000 12000 1473171 1416170 1496986 1437803 X 2493318 2454020 2493318 2454020 3990304 3891823 -39298 X true X false true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 880000 880000 2965777 370417 2595360 90810 24683 66127 3541487 X 634368 3228 -80500 -77272 711640 711640 673666 3228 3228 670438 80500 80500 750938 Part X : FIN48 Footnote The Organization is exempt from federal income tax as an entity described in the Internal Revenue Code (IRC) Section 501(c)(3) except to the extent of unrelated business income taxable income as defined under IRC Sections 511 and 515.The organization did not incur unrelated business income tax for the year ended June 30, 2023, 2022, 2021 and 2020. Accordingly, no provision has been made for federal income tax in the accompanying financial statements. Forms 990, Return of Organization Exempt from Income Tax, for years ended June 30,2023, 2022, 2021, 2020 are subject to examination by the Internal Revenue Service,generally for three years after filing. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships netted against FS revenue $80500 true true false true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The nondiscrimination policy is available upon request from the office of the Administrative Director. The policy accompanies grant requests. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true 0 0 Financial Aid/Tuition Discounts 10 80500 FMV Financial aid and tuition discounts Grantmaker's Description of How Grants are Used The procedures for determining scholarship eligibility are below:1. Families seeking a Board Scholarship Student Award shall submit a scholarship application, a copy of their most recent IRS Form 1040, and other financial information requested by the Head of School or the Board.2. The Head of School and at least one Board member will create an anonymous list of scholarship award recommendations for Board discussion, modification, and formal approval prior to notification of parents.3. No more than 30% of projected gross tuition revenue shall be awarded to Board Scholarship Students.4. No individual Board Scholarship Student award shall exceed 50% of tuition. Form 990, Part VI, Section B, Line 11b Approximately a week prior to filing the Form 990, a draft in PDF format is sent to all board members for review. Comments and corrections are strongly encouraged. Form 990, Part VI, Section B, Line 12c The policy requires officers, directors, and key employees to annually disclose interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event that potential conflicts arise. Potential conflicts of interest are reviewed by the Board of Directors. Form 990, Part VI, Section B, Line 15a The Board of Directors reviews and approves the Head of School's annual salary, with no participation by the Head of School or other interested persons. The Head of School salary is established using comparable data for similar qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the Head of School; and cost of living data. Comparable market data is obtained from salary surveys and Form 990s filed by comparable not-for-profit organizations. Discussions and decisions regarding the compensation are documented in the Board meeting minutes. Form 990, Part VI, Section B, Line 15b A line item budget is approved by the Board of Directors annually. The Board approves the overall salaries and benefits expenses. Discussions and decisions regarding the budget are documented in Board meeting minutes. The Head of School reviews and approves the salaries of other officers or key employees, with no participation by the interested person, in accordance with the annual budget approved by the Board. The Head of School establishes salaries using comparable date for similarly qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the officer or key employee; and cost of living data. Comparable market data is obtained from salary surveys and Form 990s filed by comparable not-for-profit organizations. Form 990, Part VI, Section C, Line 19 We consider requests on a case-by-case basis. Form 990 Part I Line 6 Volunteers provide assistance in the following areas: fundraising, facility maintenance, field trips, office assistance, guest speakers, and technology support. In addition, members of the Board of Directors serve in a volunteer capacity.