LIBERTY CLASSICAL SCHOOLS FOUNDATION INC (EIN 873737183) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

MATTHEW KIRBY

Phone

6786314822

Tax Period

2024-07-01 to 2025-06-30

LIBERTY CLASSICAL SCHOOLS FOUNDATION INC, founded in 2021, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Net assets of $4.5M represent 28 months of operating reserves.

Mission

TO AQUIRE PROPERTY FOR USE BY CERTAIN CLASSICAL K-12 PUBLIC CHARTER SCHOOLS WHO EMPHASIZE VIRTUOUS LIVING, TRADITIONAL LEARNING, AND CIVIC RESPONSIBILITY IN KENNESAW, GA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,955,857

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,955,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,959,377

Other Expenses $1,959,377

TOTAL EXPENSES $1,959,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,955,857	$5,447,445	-0.6%
Expenses	$1,959,377	$942,786	+1.1%
Net Income	$-3,520	$4,504,659	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$613,578

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRISON COLEMAN	CHAIR	2.00	Officer Director	$0	$0	$0
MERRITT HUBER	TREASURER	2.00	Officer Director	$0	$0	$0
BOBBY JONES	MEMBER	2.00	Director	$0	$0	$0
MATTHEW KIRBY	CEO / EXECUTIVE DIRECTOR	2.00	Officer	$0	$29,657	$217,686
MARK NOLAN	CFO	2.00	Officer	$0	$40,430	$214,551
ROBERT KELLY	CHIEF ADMINISTRATOR/SECRETARY	2.00	Officer	$0	$31,366	$181,341

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	$1,955,857	$1,959,377	$31,987,263	$-3,520
2024	$5,447,445	$942,786	$36,583,932	$4,504,659

LIBERTY CLASSICAL SCHOOLS FOUNDATION INC