Nonprofit · EIN 99-4545561
LIBERATION VENTURES INC
Tax-exempt · WILMINGTON, DE 19808
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,745,795 | $163,526 | $3,582,269 | $3,747,459 | $165,189 | $3,582,270 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,745,795
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,906
- Program services (functional)
- $136,969
- Management and general (functional)
- $26,557
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $3,747,459
- Total liabilities, end of year
- $165,189
- Net assets, end of year
- $3,582,270
- Net assets without donor restrictions
- $3,582,270
- Gross receipts
- $3,745,795
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARIA FLORANT | PRESIDENT AND CEO Trustee or director, Officer | 40 | $0 |
| AMINA FAHMY CASEWIT | BOARD SECRETARY Trustee or director | 1 | $0 |
| MEGAN FRANCIS | BOARD CHAIR Trustee or director | 2 | $0 |
| KARIN GERALD | BOARD TREASURER AND VP OF OPERATIONS Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PMB 142 2801 CENTERVILLE RD 1ST, WILMINGTON, DE 19808-1609
- In care of
- % ARIA FLORANT
- Principal officer (990 for 2024)
- ARIA FLORANT, PMB 142 2801 CENTERVILLE RD 1ST FL, WILMINGTON, DE 198081609
- Signed the 990
- ARIA FLORANT, CO-FOUNDER AND CEO
- Phone
- (877) 829-5500
- Return prepared by
- SB & COMPANY LLC
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.
Program accomplishments
- SPREADING NARRATIVES - THE ORGANIZATION DEVELOPS NARRATIVES, STORIES, AND MESSAGES TO HELP BUILD PUBLIC SUPPORT FOR RACIAL REPAIR AND TO CREATE THE CONDITIONS FOR A SUCCESSFUL REPARATIONS MOVEMENT, INCLUDING BY PUBLISHING ARTICLES AND COLLABORATING WITH ACADEMICS AND THINK TANKS TO DEVELOP SUPPORTIVE DATA AND ANALYSIS. AS LIBERATION VENTURES EXPANDS, IT PLANS TO FURTHER SPREAD THOSE NARRATIVES THROUGH SMALL-GROUP LEARNING, BOOKS, PODCASTS, K-16 EDUCATIONAL PROGRAMS, AND VISUAL AND PERFORMING ARTS.Expenses $136,238
- 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.Expenses $731
- MOBILIZING RESOURCES - LIBERATION VENTURES RAISES FUNDS FOR AND ISSUES GRANTS TO ORGANIZATIONS WHOSE MISSION IS ALIGNED WITH THE ORGANIZATION'S EXEMPT PURPOSES AND WHOSE WORK FOCUSES ON RACIAL JUSTICE, RACIAL REPAIR, AND REPARATIONS. PURSUANT TO A LONG-TERM GRANTMAKING STRATEGY LIBERATION VENTURES IS DEVELOPING, THE ORGANIZATION WORKS WITH FUNDERS AND PHILANTHROPY-SERVING ORGANIZATIONS TO IDENTIFY AND CULTIVATE NEW DONORS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-4545561
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $3,747,459
- Income (IRS master file)
- $3,745,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,745,795 | $163,526 | $3,747,459 | XML |
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 99-4545561).
Questions about LIBERATION VENTURES INC
- What is the EIN of LIBERATION VENTURES INC?
- The employer identification number (EIN) of LIBERATION VENTURES INC is 99-4545561.
- Is LIBERATION VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to LIBERATION VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIBERATION VENTURES 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 LIBERATION VENTURES 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 LIBERATION VENTURES 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 LIBERATION VENTURES INC?
- The 990 for the year ended December 31, 2024 names ARIA FLORANT.
- Who are the officers and directors of LIBERATION VENTURES INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LIBERATION VENTURES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,745,795, expenses of $163,526 and total assets of $3,747,459 at year end.
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