LIBERTAS BOILING SPRINGS (EIN 882787650) - 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

Principal Officer

CELINA PATTON

Phone

8645806171

Tax Period

2023-07-01 to 2024-06-30

LIBERTAS BOILING SPRINGS is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 3707% from the prior year, signaling strong growth momentum. Expenses of $7.2M exceeded revenue, resulting in a 24% operating deficit.

Mission

LIBERTAS BOILING SPRINGS IS A SC PUBLIC CHARTER SCHOOL LOCATED IN SPARTANBURG COUNTY, SC.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $5,039,219

Program Service Revenue $60,269

Investment Income $695,481

Other Revenue $0

TOTAL REVENUE $5,794,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,634,613

Fundraising Expenses $0

Program Expenses $6,054,373

Other Expenses $4,577,716

TOTAL EXPENSES $7,212,329

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,794,969	$152,222	+37.1%
Expenses	$7,212,329	$2,362,943	+2.1%
Net Income	$-1,417,360	$-2,210,721	-0.4%

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

N/A

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

$118,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH COONES	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JORDAN LANIER	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIZABETH MOORE	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN MORSE	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES NICOTRA	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD POWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
JESS STYERS	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE WARD	BOARD MEMBER	2.00	Director	$0	$0	$0
CELINA PATTON	SCHOOL DIRECTOR	40.00	Officer	$118,500	$0	$118,500

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	$5,794,969	$7,212,329	$26,428,489	$-1,417,360

LIBERTAS BOILING SPRINGS