2026-01-15T16:36:48-06:00 2025-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2024-07-01 873737183 LIBERTY CLASSICAL SCHOOLS FOUNDATION INC LIBE 6786314822 100 GALLERIA PARKWAY SE STE 500 ATLANTA GA 30339 MATT ALTMIX TREASURER 6786314822 2026-01-15 1 0 MELISSA SEWARD P02145103 7709558600 2026-01-15 2024 2025-03-06 01:10:19Z MATTHEW KIRBY 100 GALLERIA PARKWAY SE STE 500 ATLANTA GA 30339 1955857 0 X LIBERTYCLASSICALSCHOOLS.ORG X 2021 GA TO AQUIRE PROPERTY FOR USE BY CERTAIN CLASSICAL K-12 PUBLIC CHARTER SCHOOLS WHO EMPHASIZE VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY IN KENNESAW, GA. 3 3 0 3 0 0 0 0 5447445 1955857 0 0 0 0 5447445 1955857 0 0 0 0 0 0 0 0 0 942786 1959377 942786 1959377 4504659 -3520 36583932 31987263 32079273 27486124 4504659 4501139 X TO SUPPORT AND FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF CHARTER SCHOOLS IN KENNESAW, GEORGIA, BY ACQUIRING CERTAIN FACILITIES AND REAL PROPERTY LOCATED IN KENNESAW, GEORGIA AND OWNING, HOLDING, OPERATING, MANAGING, DEVELOPING, LEASING, SELLING, CONVEYING, MORTGAGING, AND/OR OTHERWISE DISPOSING OF ALL OR ANY PART OF SUCH FACILITIES AND REAL PROPERTY. 0 0 1959377 1955857 THE ORGANIZATION'S LEASING ACTIVITIES CONSIST OF LEASING A BUILDING UNDER A DIRECT FINANCING LEASE EXPIRING IN JUNE 2058. THIS BUILDING IS LEASED TO A CHARTER SCHOOL TO USE AS THEIR PRIMARY SCHOOL LOCATION. THE LEASE DOES NOT PROVIDE AN OPTION FOR THE LESSEE TO PURCHASE THE ASSET OR TO EXTEND THE TERMS. 1959377 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X JENNIFER LAI 6786314822 100 GALLERIA PARKWAY SE STE 500 ATLANTA GA 30339 HARRISON COLEMAN CHAIR 2.00 2.00 X X 0 0 0 MERRITT HUBER TREASURER 2.00 2.00 X X 0 0 0 BOBBY JONES MEMBER 2.00 2.00 X 0 0 0 MATTHEW KIRBY CEO / EXECUTIVE DIRECTOR 2.00 38.00 X 0 188029 29657 MARK NOLAN CFO 2.00 38.00 X 0 174121 40430 ROBERT KELLY CHIEF ADMINISTRATOR/SECRETARY 2.00 38.00 X 0 149975 31366 0 512125 101453 0 0 1 0 ALBION GENERAL CONTRACTORS 8601 DUNWOODY PL 300 330 SANDY SPRINGS GA 30350 GENERAL CONTRACTOR 5153737 CROFT & ASSOCIATES 3400 BLUE SPRINGS RD SUITE 200 KENNESAW GA 30144 ARCHITECTURE AND ENGINEERING DESIGN SERV 117190 2 INCOME FROM DIRECT FIN 531120 1955857 1955857 1955857 1955857 1955857 0 0 1920487 1920487 38890 38890 1959377 1959377 0 0 7456152 2730983 29127780 29256280 36583932 31987263 4731828 128740 27347445 27357384 32079273 27486124 X 4504659 4501139 4504659 4501139 36583932 31987263 -3520 0 X 0 0 0 X 0 0 0 7403302 X 0 MINIMUM LEASE PAYMENTS RECEIVABLE 29256280 29256280 FORM 990, PART X THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. THERE ARE NO UNCERTAIN TAX LIABILITIES AT DECEMBER 31, 2024 UNDER FIN 48 (ASC 740). 0 0 0 0 0 0 0 0 0 MATTHEW KIRBY CEO / EXECUTIVE DIRECTOR 0 186529 0 1500 0 0 0 0 0 29657 0 217686 0 0 MARK NOLAN CFO 0 172621 0 1500 0 0 0 10658 0 29772 0 214551 0 0 ROBERT KELLY CHIEF ADMINISTRATOR/SECRETARY 0 148475 0 1500 0 0 0 9158 0 22208 0 181341 0 0 A DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 190779AJ7 2023-12-21 27916740 CHARTER FACILITY (NCA PROJECT), SERIES 2023A BONDS 0 0 0 A 28065000 2055066 558334 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY PREVENTS INAPPROPRIATE PRIVATE INTERESTS. TO ENSURE COMPLIANCE, OUR ORGANIZATION FOLLOWS THESE STEPS: 1. AT THE START OF EACH FISCAL YEAR, EVERY BOARD MEMBER MUST FILL OUT A "CONFLICT OF INTEREST" FORM WITH A SERIES OF QUESTIONS CONFIRMING THE ABSENCE OF ANY CONFLICTS. 2. THROUGHOUT THE YEAR, WE PROVIDE TRAINING SESSIONS THAT REINFORCE OUR POLICY AND INCREASE AWARENESS OF POTENTIAL CONFLICT SITUATIONS. 3. WE HAVE ESTABLISHED EFFICIENT PROCEDURES FOR RESOLVING ANY CONFLICT-OF-INTEREST SITUATIONS SHOULD THEY ARISE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. LIBERTY CLASSICAL SCHOOLS FOUNDATION KENNESAW LLC 100 GALLERIA PARKWAY SUITE 500 ATLANTA GA 30339 LEASE AND RENTAL AGREEMENTS GA 1955857 31987363 LIBERTY CLASSICAL SCHOOLS FOUNDATION INC LIBERTY CLASSICAL SCHOOLS EDUCATIONAL SERVICES INC 100 GALLERIA PARKWAY SUITE 500 ATLANTA GA 30339 873737445 CHARTER SCHOOL MANAGEMENT GA 501(C)(3) LINE 7 LIBERTY CLASSICAL SCHOOLS FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0