LIBERATION VETERAN SERVICES INC

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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

2016

Legal Domicile

Principal Officer

ALEXANDER J PATRICK

Phone

8042334064

Tax Period

2024-01-01 to 2024-12-31

LIBERATION VETERAN SERVICES INC, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.4M, a strong 57% operating margin.

Mission

TO SERVE HOMELESS VETERANS IN CRISIS

Program Service Accomplishments

Program 1

Expenses: $1,423,168

Liberation Veteran Services, Inc., LVS, provides transitional housing to male veterans. Our focus is serving veterans and our primary goal for our vets is permanenthousing and self-sufficiency. We...

Liberation Veteran Services, Inc., LVS, provides transitional housing to male veterans. Our focus is serving veterans and our primary goal for our vets is permanenthousing and self-sufficiency. We currently serve 38 male veterans in our program. Our transitional housing program provides homeless veterans an opportunity to receive the services and support they need to rebuild their lives. We desire to help the individualwho is motivated but lacks opportunity. We envision a community where all veterans have a place to call home. Our guiding values are Respect, Integrity, Compassion and Fairness. In most cases, an individual just needs a place to sleep, eat and feel safewhile improving his situation. LVS is here to provide that boost and connect them with the necessary tools and resources to put them back on the right track towards self-sufficiency.

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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 $4,008,970

Program Service Revenue $0

Investment Income $80,354

Other Revenue $5,483

TOTAL REVENUE $4,094,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $990,205

Fundraising Expenses $175,800

Program Expenses $1,423,168

Other Expenses $753,400

TOTAL EXPENSES $1,743,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,094,807	$7,477,986	-0.5%
Expenses	$1,743,605	$1,239,271	+0.4%
Net Income	$2,351,202	$6,238,715	-0.6%

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

$115,754

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGY JACKSON	TREASURER	2.00	Officer Director	$0	$0	$0
CHUCK POTTS	CHAIR	2.00	Officer Director	$0	$0	$0
JOE MASLANKA	BOARD MEMBER	2.00	Director	$0	$0	$0
TRAVELL TRAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIO WELLS	BOARD MEMBER	2.00	Director	$0	$0	$0
BEN GRYCTKO	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY PATRICK	PRESIDENT/CEO	40.00	Officer	$115,754	$0	$115,754

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
2024	$4,094,807	$1,743,605	$9,941,359	$2,351,202
2023	$7,477,986	$1,239,271	$7,581,349	$6,238,715
2022	$1,191,376	$1,028,409	$1,338,246	$162,967
2021	$1,102,755	$843,241	$1,138,835	$259,514
2020	$1,007,511	$656,775	$882,947	$350,736
2019	$726,103	$558,723	$555,191	$167,380
2018	$559,836	$389,936	$365,382	$169,900