LIBERTAS FOUNDATION (EIN 471168769) - 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

MARVIN VELTKAMP

Tax Period

2023-01-01 to 2023-12-31

LIBERTAS FOUNDATION is a micro nonprofit in the Housing & Shelter sector that reported $19K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $105K exceeded revenue, resulting in a 448% operating deficit.

Mission

TO ASSIST IN PROVIDING FINANCIAL SUSTAINABILITY TO SUPPORT SERVICE ORGANIZATIONS AND PROGRAM DEVELOPMENT FOR PERMANENT SUPPORTIVE HOUSING (PSH) AFFORDABLE HOUSING COMMUNITIES. TO SERVE THE NEEDS OF THE POOR AND UNDER-PRIVILEGED RESIDENTS OF PSH COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,665

Program Service Revenue $0

Investment Income $3,479

Other Revenue $0

TOTAL REVENUE $19,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,381

Other Expenses $104,913

TOTAL EXPENSES $104,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,144	$119,048	-0.8%
Expenses	$104,913	$128,190	-0.2%
Net Income	$-85,769	$-9,142	+8.4%

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

N/A

Employees

N/A

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
TIMOTHY HUNNICUT	DIRECTOR	N/A	Director	$0	$0	$0
RAYMOND NEATFELD	DIRECTOR	N/A	Director	$0	$0	$0
TIM WATSON	DIRECTOR	N/A	Director	$0	$0	$0
MARK WESTER	DIRECTOR	N/A	Director	$0	$0	$0
TONY OGDEN	PRESIDENT	N/A	Officer	$0	$0	$0
MATTHEW RZEPKA	TREASURER	N/A	Officer	$0	$0	$0
MARVIN VELTKAMP	SECRETARY	N/A	Officer	$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
2023	$19,144	$104,913	$619	$-85,769
2022	$119,048	$128,190	$30,311	$-9,142
2021	$78,052	$169,890	$42,501	$-91,838
2020	$307,679	$839,083	$134,339	$-531,404

LIBERTAS FOUNDATION