LIBERTY GROVE SCHOOLS INC

EIN: 854063365 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$5,199,303
Total Expenses
$3,974,939
Total Assets
$3,498,321
Net Assets
$3,404,752
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
MORRISE HARBOUR
Phone
3172264242
Tax Period
2023-07-01 to 2024-06-30

LIBERTY GROVE SCHOOLS INC, founded in 2020, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2023. The organization ran a surplus of $1.2M, a strong 24% operating margin.

Mission

LIBERTY GROVE SCHOOLS ENVISIONS A COMMUNITY OF ACADEMIC EXCELLENCE THAT SPARKS INNOVATION AND CREATES OPPORTUNITIES. WE ACHIEVE THIS BY EMPOWERING STUDENTS OF DIVERSE BACKGROUNDS TO REACH THEIR FULL POTENTIAL, REMOVING LABELS THROUGH BUILDING COMMUNITY, EMPHASIZING HIGH STANDARDS OF EXCELLENCE, AND EMBRACING A WIDE VARIETY OF LEARNING OPPORTUNITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,159,143
Program Service Revenue $0
Investment Income $34,616
Other Revenue $5,544
TOTAL REVENUE $5,199,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,693,787
Fundraising Expenses $0
Program Expenses $3,276,552
Other Expenses $1,281,152
TOTAL EXPENSES $3,974,939

Year-over-Year Comparison

2023 2022 Change
Revenue $5,199,303 $5,188,529 +0.0%
Expenses $3,974,939 $3,542,532 +0.1%
Net Income $1,224,364 $1,645,997 -0.3%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
35
Volunteers
15

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
3
$226,564
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORRISE HARBOUR EXECUTIVE DIRECTOR 50.00
Officer
$132,152 $9,962 $142,114
YOLANDA WIDE DIRECTOR OF OPERATIONS 50.00
Officer
$84,450 $0 $84,450
ANDREW CROWE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
NICHOLAS CANDIS BOARD MEMBER 5.00
Director
$0 $0 $0
LESLIE CARROLL BOARD MEMBER 5.00
Director
$0 $0 $0
ARION CLATON BOARD MEMBER 5.00
Director
$0 $0 $0
SHELLEY COVINGTON BOARD MEMBER 5.00
Director
$0 $0 $0
BURNELL GRIMES BOARD MEMBER 5.00
Director
$0 $0 $0
KEVIN HAMPTON BOARD MEMBER 5.00
Director
$0 $0 $0
JEWEL MOSLEY BOARD MEMBER 5.00
Director
$0 $0 $0
DONALD VAL BOARD MEMBER 5.00
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 No data No data No data No data
2024 $5,199,303 $3,974,939 $3,498,321 $1,224,364
2023 $5,188,529 $3,542,532 $2,339,722 $1,645,997
2022 $913,812 $362,041 $780,578 $551,771
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