Liberty Corner Enterprises Inc (EIN 561562650) - 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

Formation Year

1987

Legal Domicile

Principal Officer

Ray Hemachandra

Phone

8282549917

Tax Period

2024-07-01 to 2025-06-30

Liberty Corner Enterprises Inc, founded in 1987, is a community nonprofit in the Employment sector that reported $3.1M in total revenue in fiscal year 2024.

Mission

Liberty Corner Enterprises (LCE) is dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job and neighborhoods of their choice.

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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 $29,293

Program Service Revenue $3,046,433

Investment Income $19

Other Revenue $742

TOTAL REVENUE $3,076,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,581,153

Fundraising Expenses $0

Program Expenses $2,598,085

Other Expenses $669,995

TOTAL EXPENSES $3,251,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,076,487	$3,209,466	0.0%
Expenses	$3,251,148	$3,816,566	-0.1%
Net Income	$-174,661	$-607,100	-0.7%

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

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

$190,373

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Waite	Executive Director	40.00	Officer	$107,461	$1,308	$108,769
Katherine Van Horne	Chief Financial Officer	40.00	Officer	$81,604	$0	$81,604
Ray Hemachandra	President	1.00	Officer Director	$0	$0	$0
Eva Farren	Secretary/Treasurer	0.25	Officer Director	$0	$0	$0
Karen Gray CPA	Vice-President	0.25	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	$3,076,487	$3,251,148	$509,204	$-174,661
2024	$3,209,466	$3,816,566	$752,897	$-607,100
2023	$3,805,223	$3,885,795	$1,355,932	$-80,572
2022	$3,792,734	$4,102,700	$1,219,013	$-309,966
2021	$4,141,112	$3,503,438	$1,499,174	$637,674
2020	$3,247,865	$3,436,058	$1,262,554	$-188,193
2019	$3,085,696	$3,165,968	$973,785	$-80,272
2018	$2,973,734	$3,824,593	$1,129,877	$-850,859

Liberty Corner Enterprises Inc