Nonprofit · EIN 14-1759246
LIBERTY FOUNDATION INC
Tax-exempt · AMSTERDAM, NY 12010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,511,686 | $2,017,793 | -$506,107 | $46,230,760 | $51,288 | $46,179,472 |
| December 31, 2023 | 990 | $959,667 | $335,140 | $624,527 | $41,047,662 | $39,555 | $41,008,107 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $142,607
- Program service revenue
- $0
- Investment income
- $1,212,278
- Net rental income
- $2,913
- Net gain from sales of assets
- $356,593
- Net income from fundraising events
- $153,888
- Other revenue
- $156,801
Expenses
- Grants and similar amounts paid
- $1,793,035
- Other salaries and wages
- $93,168
- Salaries, compensation and benefits (total)
- $121,050
- Professional fundraising fees
- $0
- Accounting fees
- $9,508
- Occupancy
- $4,641
- Depreciation
- $2,913
- Program services (functional)
- $1,793,035
- Management and general (functional)
- $208,672
- Fundraising (functional)
- $16,086
Balance sheet and other
- Total assets, start of year
- $41,047,662
- Total assets, end of year
- $46,230,760
- Total liabilities, end of year
- $51,288
- Net assets, end of year
- $46,179,472
- Land, buildings and equipment
- $335,065
- Publicly traded securities
- $13,067,443
- Net assets without donor restrictions
- $46,179,472
- Gross receipts
- $4,949,457
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1992
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER SAUNDERS | CEO Officer | 1 | $0 | $250,069 | $56,948 |
| CANDY OPALKA | COO Officer | 1 | $0 | $199,704 | $37,528 |
| BRIAN CREGIN | CFO Officer | 1 | $0 | $55,293 | $0 |
| BEATRICE MARRINER | CFO Officer | 1 | $0 | $9,808 | $0 |
| DONNA CANESTRARO | PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| BRETT HARRIS | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| SARAH E ADAMOWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL DICAPRIO | VICE PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL LOBB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WANDA BURLING | DIRECTOR EMERITI Trustee or director | 1 | $0 | $0 | $0 |
| ANNE BOLES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TAMMY KRISHER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER SAUNDERS | CEO Officer | 1 | $0 | $250,306 | $43,783 |
| AMY OSBORNE | CFO Officer | 1 | $0 | $87,293 | $0 |
| DONNA CANESTRARO | PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| BRETT HARRIS | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| SARAH E ADAMOWSKI O'CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL DICAPRIO | VICE PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL LOBB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WANDA BURLING | DIRECTOR EMERITI Trustee or director | 1 | $0 | $0 | $0 |
| ANNE BOLES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 43 LIBERTY DR, AMSTERDAM, NY 12010-5635
- In care of
- % JENNIFER SAUNDERS
- Principal officer (990 for 2024)
- JENNIFER SAUNDERS, 43 LIBERTY DRIVE, AMSTERDAM, NY 12010
- Signed the 990
- JENNIFER SAUNDERS, CEO
- Phone
- (518) 842-5080
- Website
- WWW.LIBERTYARC.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
PUBLICLY SOLICITS & RECEIVES FUNDS FOR CHARITABLE PURPOSES, PRIMARILY FOR THE BENEFIT OF PEOPLE WITH DEVELOPMENTAL DISABILITIES. THE CONTRIBUTIONS RECEIVED HELP UNDERWRITE THE COST OF SERVICES THAT ARE NOT TRADITIONALLY SUPPORTED THROUGH PROGRAM REVENUE
Program accomplishments
- PROVIDED GRANTS AND DONATED RESIDENCE TO NYSARC, INC. - MONTGOMERY COUNTY CHAPTER (HEREAFTER LIBERTY ARC), A RELATED 501(C)(3) ORGANIZATION, FOR THEIR COMMUNITY CONNECTIONS, SUPPORTED EMPLOYMENT, RESIDENTIAL PROGRAM, AND 'GROUND LEVEL GRANTS'. THESE PROGRAM FUNDED INITIATIVES ADDED TO THE QUALITY OF LIFE FOR THE PEOPLE SUPPORTED BY LIBERTY ARC, INCLUDING GIVING ADULTS WITH DEVELOPMENTAL DISABILITIES AN OPPORTUNITY TO EARN MONEY AND IMPROVE EMPLOYMENT SKILLS; PROVIDING TRANSPORTATION TO AND FROM WORK SITES; AND PROVIDING PERSONAL PROTECTIVE EQUIPMENT FUNDING FOR OUR RESIDENTIAL AND DAY PROGRAMS.Expenses $1,793,035 · grants $1,793,035
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1759246
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $46,230,760
- Income (IRS master file)
- $4,949,457
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,511,686 | $2,017,793 | $46,230,760 | XML |
| 990 | December 2023 | $959,667 | $335,140 | $41,047,662 | XML |
| 990 | December 2022 | $475,806 | $208,396 | $34,489,715 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 14-1759246).
Questions about LIBERTY FOUNDATION INC
- What is the EIN of LIBERTY FOUNDATION INC?
- The employer identification number (EIN) of LIBERTY FOUNDATION INC is 14-1759246.
- Is LIBERTY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- 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 December 31, 2025) is due May 15, 2026. 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 December 2024.
- Who is the principal officer of LIBERTY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JENNIFER SAUNDERS.
- Who are the officers and directors of LIBERTY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does LIBERTY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,511,686, expenses of $2,017,793 and total assets of $46,230,760 at year end.
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