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Nonprofit · EIN 03-0508923

LIBERTY FOUNDATION INC

Tax-exempt · DOUGLAS, GA 31533

Financials

$98K$261K2022$3.5M$251K2023$135K$235K2024
Revenue Expenses · by fiscal year end
Financials of LIBERTY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$134,849$234,612-$99,763$4,994,450$1,518,601$3,475,849
September 30, 2024990$3,481,703$250,528$3,231,175$4,943,427$1,367,815$3,575,612
September 30, 2023990$97,538$260,936-$163,398$1,584,198$1,239,761$344,437
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$3,100
Program service revenue
$100,156
Investment income
$0
Other revenue
$31,593

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$48,000
Salaries, compensation and benefits (total)
$48,000
Professional fundraising fees
$0
Accounting fees
$3,890
Travel
$44,961
Program services (functional)
$234,612

Balance sheet and other

Total assets, start of year
$4,943,427
Total assets, end of year
$4,994,450
Total liabilities, end of year
$1,518,601
Net assets, end of year
$3,475,849
Land, buildings and equipment
$2,520
Net assets without donor restrictions
$3,475,849
Gross receipts
$134,849
Employees
1

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PHILLIP R BRINSONDIRECTOR
Trustee or director
–$0
FRANK DRAINDIRECTOR
Trustee or director
–$0
JOSEPH H HANDTREASURER &
Trustee or director, Officer
–$0
ELTON D BROOKS JRCHAIRMAN & D
Trustee or director, Officer
–$0
ROBERT L PORTER JRSECRETARY &
Trustee or director, Officer
–$0
990 for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
PHILLIP R BRINSONDIRECTOR
Trustee or director
–$0
FRANK DRAINDIRECTOR
Trustee or director
–$0
JOSEPH H HANDTREASURER &
Trustee or director, Officer
–$0
ELTON D BROOKS JRCHAIRMAN & D
Trustee or director, Officer
–$0
ROBERT L PORTER JRSECRETARY &
Trustee or director, Officer
–$0
990 for the year ended September 30, 2023: 5 people
NameTitleHours / weekCompensation
PHILLIP R BRINSONDIRECTOR
Trustee or director
2$0
FRANK DRAINDIRECTOR
Trustee or director
2$0
JOSEPH H HANDTREASURER &
Trustee or director, Officer
2$0
ELTON D BROOKS JRCHAIRMAN & D
Trustee or director, Officer
2$0
ROBERT L PORTER JRSECRETARY &
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
402 PETERSON AVE S, DOUGLAS, GA 31533-5250
In care of
% ELTON D BROOKS JR
Principal officer (990 for 2024)
ELTON D BROOKS JR, PO BOX 2770, DOUGLAS, GA 31534
Signed the 990
ELTON D BROOKS JR, CHAIRMAN & DIR
Phone
(912) 384-7818
Return prepared by
CLEMENTS PURVIS & STEWART PC

Mission

RESTORATION AND EXHIBITION OF B-17

990 for the year ended September 30, 2025

Program accomplishments

  • EDUCATION OF THE PUBLIC ABOUT THE HISTORY OF WORLD WAR II AIRCRAFT, PRIMARILY THROUGH THE ACQUISITION, RESTORATION, PRESERVATION AND PUBLIC DISPLAY OF SUCH AIRCRAFT.
    Expenses $186,612
  • EDUCATION OF THE PUBLIC ABOUT THE HISTORY OF WORLD WAR II AIRCRAFT, PRIMARILY THROUGH THE ACQUISITION, RESTORATION, PRESERVATION AND PUBLIC DISPLAY OF SUCH AIRCRAFT.
    Expenses $48,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
03-0508923
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,994,450
Income (IRS master file)
$134,849

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$134,849$234,612$4,994,450XML
990September 2024$3,481,703$250,528$4,943,427XML
990September 2023$97,538$260,936$1,584,198XML
990September 2022$26,091$244,394$153,765IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0508923).

Questions about LIBERTY FOUNDATION INC

What is the EIN of LIBERTY FOUNDATION INC?
The employer identification number (EIN) of LIBERTY FOUNDATION INC is 03-0508923.
Is LIBERTY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to LIBERTY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBERTY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIBERTY FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBERTY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LIBERTY FOUNDATION INC?
The 990 for the year ended September 30, 2025 names ELTON D BROOKS JR.
Who are the officers and directors of LIBERTY FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does LIBERTY FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $134,849, expenses of $234,612 and total assets of $4,994,450 at year end.

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