THE LIBERTY FOUNDATION INC (EIN 030508923) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

ELTON D BROOKS JR

Phone

9123847818

Tax Period

2024-10-01 to 2025-09-30

THE LIBERTY FOUNDATION INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $135K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 74% operating deficit.

Mission

RESTORATION AND EXHIBITION OF B-17

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,100

Program Service Revenue $100,156

Investment Income $0

Other Revenue $31,593

TOTAL REVENUE $134,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,000

Fundraising Expenses $0

Program Expenses $234,612

Other Expenses $186,612

TOTAL EXPENSES $234,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,849	$3,481,703	-1.0%
Expenses	$234,612	$250,528	-0.1%
Net Income	$-99,763	$3,231,175	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP R BRINSON	DIRECTOR	N/A	Director	$0	$0	$0
FRANK DRAIN	DIRECTOR	N/A	Director	$0	$0	$0
JOSEPH H HAND	TREASURER &	N/A	Officer Director	$0	$0	$0
ELTON D BROOKS JR	CHAIRMAN & D	N/A	Officer Director	$0	$0	$0
ROBERT L PORTER JR	SECRETARY &	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$134,849	$234,612	$4,994,450	$-99,763
2024	$3,481,703	$250,528	$4,943,427	$3,231,175
2023	$97,538	$260,936	$1,584,198	$-163,398
2022	$26,091	$244,394	$153,765	$-218,303
2021	$-290,835	$114,567	$147,278	$-405,402
2020	$290,778	$375,869	$544,255	$-85,091
2019	$354,226	$726,718	$605,207	$-372,492
2018	$1,013,638	$1,488,977	$565,000	$-475,339

THE LIBERTY FOUNDATION INC