2025-11-04T13:17:45-08:00 2025-06-30 860553260 Janice Moen CPA 12 Vista Drive Hooksett NH 03106 990 2024-07-01 208600388 Liberty School Inc LIBE 9703854834 3107 Western Ave Durango CO 81301 Joe Lloyd Current Chair 2025-11-04 true true Janice Moen CPA P01206712 5052502231 X 2024 2025-03-06 01:10:19Z Joe Lloyd 3107 Western Ave Durango CO 81301 858239 false X www.thelibertyschool.org X 2007 CO To provide individualized, dynamic education for dyslexic, academically gifted, and twice-exceptional (both dyslexic and gifted) students. 7 7 23 564 0 172037 112244 645030 714312 11286 11392 533 18906 828886 856854 64500 56743 0 519612 578956 903 429 28172 250378 254844 835393 890972 -6507 -34118 3873541 3759089 1426028 1345694 2447513 2413395 To provide individualized, dynamic education for dyslexic, academically gifted, and twice-exceptional (both dyslexic and gifted) students. false false 729176 56743 714312 Liberty School is a fully accredited organization serving the southwest region of Colorado, educating dyslexic, and gifted-dyslexic students in grades one through eight using a highly individualized approach and one-on-one Orton-Gillingham language tutoring. In addition, teacher trainings and screening evaluations are provided to the community at reduced or free rates, as well as educational presentations and dyslexia simulations to help raise awareness. For the 2024-2025 school year, Liberty served thirty-seven students. Liberty held its second annual golf tournament as a fundraiser and to honor the passing of our Board president. Liberty was nominated as a Top 5 non-profit by the Durango Chamber of Commerce, we brought two new language tutors onboard, and we also reorganized our administrative structure as we brought aboard a skilled Family and Operations Coordinator to increase our efficiency. 729176 true true false false false false false false false false true false false false false true false false true false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 8 0 true 23 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X Bonnie Rozean 9703854834 3107 Western Ave Durango CO 81301 Douglas C Holmen Head of School 40.00 0.00 X 36620 0 0 Marcie Bidwell Chair 2.00 0.00 X X 0 0 0 Roger Ptolemy Treasurer 6.00 0.00 X X 0 0 0 Joachim Fischer Secretary 3.00 0.00 X X 0 0 0 Pat Hartman Director 3.00 0.00 X 0 0 0 Vic Kostainsek Director 2.00 0.00 X 0 0 0 Joe Lloyd Director 1.00 0.00 X 0 0 0 Kathleen Goodman Parent Rep 8.00 0.00 X 0 0 0 36620 0 false false false 0 112244 1903 112244 Other fees for service 611600 9150 9150 Tuition and fees 611600 705162 705162 714312 11392 11392 0 0 0 0 19473 1385 18088 18088 0 0 Credit card points redeemed 611600 818 818 818 856854 715130 29480 0 56743 56743 0 0 36620 30761 4028 1831 0 492224 409035 67158 16031 0 0 50112 41674 6745 1693 0 3625 3625 14460 14460 0 429 429 0 27121 19569 5875 1677 2355 2355 291 291 0 0 15679 13484 1568 627 216 216 0 0 41041 35295 4104 1642 0 78394 67419 7839 3136 9594 8251 959 384 Supplies 18047 11291 6756 Repair and maintenance 14391 10011 3914 466 Furniture & equipment 8232 6532 1700 Dues 6534 5043 1491 14864 13852 756 256 890972 729176 133624 28172 113874 24879 269494 259845 0 10377 7569 0 0 0 0 2830 3987 3960502 551650 3476966 3408852 53957 0 0 0 0 3873541 3759089 4942 15848 47367 1373719 1329846 1426028 1345694 X 2447513 2400844 12551 2447513 2413395 3873541 3759089 -34118 X true X false true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 880000 880000 3028303 521831 2506472 52199 29819 22380 3408852 X 809250 7754 -56743 -48989 858239 -1385 -1385 856854 843368 7754 1385 9139 834229 56743 56743 890972 Part X : FIN48 Footnote The Liberty School is exempt from income tax as provided under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. The School adopted accounting requirements that prescribe when to recognize and how to measure the financial statement effects of income tax positions taken or expected to be taken on its income tax returns, including the position that the School continues to qualify to be treated as a tax-exempt organization for both federal and state income tax purposes. These rules require management to evaluate the likelihood that, upon examination by relevant taxing jurisdictions, those income tax positions would be sustained. Based on that evaluation, if it were more than 50% probable that a material amount of income tax would be imposed at the entity level upon examination by the relevant taxing authorities, a liability would be recognized in the accompanying balance sheet along with any interest and penalties that would result from that assessment. Based on the results of managements evaluation, the requirements did not have a material effect on the School's financial statements. Consequently, no liability is recognized in the accompanying statement of financial position for uncertain income tax positions. The School's federal returns (Form 990 and 990-T) are subject to examination by the Internal Revenue Service generally for three years after they are filed. Should any penalties and interest be incurred, they would be recognized as management and general expenses. Part XII, Line 2d: Other expenses and losses per audited F/S Event expenses netted against revenue $1385 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships netted against FS revenue $56743 true true false true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The nondiscrimination policy is available upon request from the office of the Administrative Director. The policy accompanies grant requests. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race false Golf Tournament 19473 19473 1385 19473 19473 1385 1385 18088 true 0 0 Financial Aid/Tuition Discounts 8 56743 FMV Financial aid and tuition discounts Grantmaker's Description of How Grants are Used The procedures for determining scholarship eligibility are below:1. Families seeking a Board Scholarship Student Award shall submit a scholarship application, a copy of their most recent IRS Form 1040, and other financial information requested by the Head of School or the Board.2. The Head of School and at least one Board member will create an anonymous list of scholarship award recommendations for Board discussion, modification, and formal approval prior to notification of parents.3. No more than 30% of projected gross tuition revenue shall be awarded to Board Scholarship Students.4. No individual Board Scholarship Student award shall exceed 50% of tuition. Form 990, Part VI, Section B, Line 11b Approximately a week prior to filing the Form 990, a draft in PDF format is sent to all board members for review. Comments and corrections are strongly encouraged. Form 990, Part VI, Section B, Line 12c The policy requires officers, directors, and key employees to annually disclose interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event that potential conflicts arise. Potential conflicts of interest are reviewed by the Board of Directors. Form 990, Part VI, Section B, Line 15a The Board of Directors reviews and approves the Head of School's annual salary, with no participation by the Head of School or other interested persons. The Head of School salary is established using comparable data for similar qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the Head of School; and cost of living data. Comparable market data is obtained from salary surveys and Form 990s filed by comparable not-for-profit organizations. Discussions and decisions regarding the compensation are documented in the Board meeting minutes. Form 990, Part VI, Section B, Line 15b A line item budget is approved by the Board of Directors annually. The Board approves the overall salaries and benefits expenses. Discussions and decisions regarding the budget are documented in Board meeting minutes. The Head of School reviews and approves the salaries of other officers or key employees, with no participation by the interested person, in accordance with the annual budget approved by the Board. The Head of School establishes salaries using comparable date for similarly qualified persons in functionally comparable positions at similar nonprofits; consideration of roles and responsibilities of the officer or key employee; and cost of living data. Comparable market data is obtained from salary surveys and Form 990s filed by comparable not-for-profit organizations. Form 990, Part VI, Section C, Line 19 We consider requests on a case-by-case basis. Form 990 Part I Line 6 Volunteers provide assistance in the following areas: fundraising, facility maintenance, field trips, office assistance, guest speakers, and technology support. In addition, members of the Board of Directors serve in a volunteer capacity.