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Nonprofit · EIN 27-0058022

LIBERTYS PROMISE INC

Tax-exempt · ALEXANDRIA, VA 22305

Financials

$1.2M$1.2M2023$1.4M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of LIBERTYS PROMISE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,395,393$1,426,800-$31,407$1,123,347$298,962$824,385
December 31, 2023990$1,165,798$1,180,799-$15,001$1,113,480$257,854$855,626
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,388,549
of which government grants
$1,039,650
Program service revenue
$0
Investment income
$1,924
Other revenue
$4,920

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$91,313
Other salaries and wages
$729,442
Salaries, compensation and benefits (total)
$975,289
Professional fundraising fees
$0
Occupancy
$41,490
Travel
$20,320
Depreciation
$5,855
Program services (functional)
$1,169,050
Management and general (functional)
$188,946
Fundraising (functional)
$68,804

Balance sheet and other

Total assets, start of year
$1,113,480
Total assets, end of year
$1,123,347
Total liabilities, end of year
$298,962
Net assets, end of year
$824,385
Land, buildings and equipment
$10,366
Net assets without donor restrictions
$782,914
Net assets with donor restrictions
$41,471
Gross receipts
$1,395,393
Employees
32
Year formed
2003
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT PONICHTERAEXECUTIVE DI
Officer
40$91,313$18,113
ADRIEL HENRIQUEZ BAIRESTREASURER
Trustee or director, Officer
1$0$0
SERGIO CURROSECRETARY
Trustee or director, Officer
1$0$0
LOUISA COAN GREVECHAIRPERSON
Trustee or director, Officer
1$0$0
KRISTA HENDRYBOARD MEMBER
Trustee or director
1$0$0
GREG MCLEANBOARD MEMBER
Trustee or director
1$0$0
RODGER POTOCKIBOARD MEMBER
Trustee or director
1$0$0
LYNN SHOTWELLBOARD MEMBER
Trustee or director
1$0$0
F WALLACE HAYESBOARD MEMBER
Institutional trustee
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
ROBERT PONICHTERAEXECUTIVE DI
Officer
40$89,167
ADRIEL HENRIQUEZ BAIRESTREASURER
Trustee or director, Officer
1$0
SERGIO CURROSECRETARY
Trustee or director, Officer
1$0
LOUISA COAN GREVECHAIRPERSON
Trustee or director, Officer
1$0
KRISTA HENDRYBOARD MEMBER
Trustee or director
1$0
GREG MCLEANBOARD MEMBER
Trustee or director
1$0
RODGER POTOCKIBOARD MEMBER
Trustee or director
1$0
JEN WILKFORMER SECRE
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2900A RICHMOND HWY, ALEXANDRIA, VA 22305-3023
Principal officer (990 for 2024)
ROBERT PONICHTERA, 2900A RICHMOND HIGHWAY, ALEXANDRIA, VA 22305
Signed the 990
ROBERT PONICHTERA, EXECUTIVE DIRECTOR
Phone
(703) 549-9950
Return prepared by
FARMER FIRST & VINING PC CPA'S

Mission

LIBERTY'S PROMISE SUPPORTS YOUNG IMMIGRANTS IN NEED WHILE ENCOURAGING THEM TO BE ACTIVE AND CONSCIENTIOUS AMERICAN CITIZENS. THE ORGANIZATION'S PROGRAMS AIM TO MAKE THE IMMIGRANT EXPERIENCE AN AFFIRMATIVE ONE FOR YOUNG NEWCOMERS WHILE INSTILLING IN THEM A SENSE OF PRIDE AND SUPPORT FOR AMERICAN IDEALS OF DEMOCRACY AND FREEDOM. BY DOING SO, LIBERTY'S PROMISE SEEKS TO REAFFIRM THIS COUNTRY'S FUNDAMENTAL EGALITARIAN AND DEMOCRATIC TRADITIONS FOR FUTURE GENERATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION COLLABORATES WITH GOVERNMENT AGENCIES, BUSINESSES AND NON-PROFIT ORGANIZATIONS TO OFFER EIGHT-WEEK INTERNSHIPS FOR LOW- INCOME,IMMIGRANT YOUTH, PROMOTES ACTIVE COMMUNITY INVOLVEMENT THROUGH AFTER-SCHOOL PROGRAMS OF CIVIC ENGAGEMENT, AND PROVIDES LONG-TERM MENTORING SO THAT YOUTH STAY IN HIGH SCHOOL, AND GO ON TO HIGHER EDUCATION AND A SUCCESSFUL CAREER.
    Expenses $1,169,050

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0058022
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$1,123,347
Income (IRS master file)
$1,395,393

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,395,393$1,426,800$1,123,347XML
990December 2023$1,165,798$1,180,799$1,113,480XML
990December 2022$1,299,410$1,198,745$1,164,458IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0058022).

Questions about LIBERTYS PROMISE INC

What is the EIN of LIBERTYS PROMISE INC?
The employer identification number (EIN) of LIBERTYS PROMISE INC is 27-0058022.
Is LIBERTYS PROMISE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to LIBERTYS PROMISE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBERTYS PROMISE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIBERTYS PROMISE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBERTYS PROMISE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIBERTYS PROMISE INC?
The 990 for the year ended December 31, 2024 names ROBERT PONICHTERA.
Who are the officers and directors of LIBERTYS PROMISE INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $91,313 (ROBERT PONICHTERA, EXECUTIVE DI).
How much revenue does LIBERTYS PROMISE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,395,393, expenses of $1,426,800 and total assets of $1,123,347 at year end.

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