Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-8600388

LIBERTY SCHOOL INC

Tax-exempt · DURANGO, CO 81301

Financials

$829K$835K2023$857K$891K2024
Revenue Expenses · by fiscal year end
Financials of LIBERTY SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$856,854$890,972-$34,118$3,759,089$1,345,694$2,413,395
June 30, 2024990$828,886$835,393-$6,507$3,873,541$1,426,028$2,447,513
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$112,244
Program service revenue
$714,312
Investment income
$11,392
Net income from fundraising events
$18,088
Other revenue
$18,906

Expenses

Grants and similar amounts paid
$56,743
Compensation of officers, directors and key employees
$36,620
Other salaries and wages
$492,224
Salaries, compensation and benefits (total)
$578,956
Professional fundraising fees
$429
Legal fees
$3,625
Accounting fees
$14,460
Occupancy
$15,679
Travel
$216
Depreciation
$78,394
Program services (functional)
$729,176
Management and general (functional)
$133,624
Fundraising (functional)
$28,172

Balance sheet and other

Total assets, start of year
$3,873,541
Total assets, end of year
$3,759,089
Total liabilities, end of year
$1,345,694
Net assets, end of year
$2,413,395
Land, buildings and equipment
$3,408,852
Publicly traded securities
$53,957
Net assets without donor restrictions
$2,400,844
Net assets with donor restrictions
$12,551
Gross receipts
$858,239
Employees
23
Volunteers
564
Year formed
2007
State of legal domicile
CO

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Douglas C HolmenHead of School
Officer
40$36,620
Marcie BidwellChair
Trustee or director, Officer
2$0
Roger PtolemyTreasurer
Trustee or director, Officer
6$0
Joachim FischerSecretary
Trustee or director, Officer
3$0
Pat HartmanDirector
Trustee or director
3$0
Vic KostainsekDirector
Trustee or director
2$0
Joe LloydDirector
Trustee or director
1$0
Kathleen GoodmanParent Rep
Trustee or director
8$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
Douglas C HolmenHead of School
Officer
40$36,620
Marcie BidwellChair
Trustee or director, Officer
2$0
Roger PtolemyTreasurer
Trustee or director, Officer
2$0
Joachim FischerSecretary
Trustee or director, Officer
3$0
Pat HartmanDirector
Trustee or director
5$0
Vic KostainsekDirector
Trustee or director
2$0
Joe LloydDirector
Trustee or director
1.5$0
Kathleen GoodmanParent Rep
Trustee or director
5$0
Jack MorrisonPast Chair
Trustee or director
3$0

Address and contacts

Address (IRS master file)
3107 WESTERN AVE, DURANGO, CO 81301-4152
In care of
% BILL O FLANAGAN
Principal officer (990 for 2024)
Joe Lloyd, 3107 Western Ave, Durango, CO 81301
Signed the 990
Joe Lloyd, Current Chair
Phone
(970) 385-4834
Return prepared by
Janice Moen CPA

Mission

To provide individualized, dynamic education for dyslexic, academically gifted, and twice-exceptional (both dyslexic and gifted) students.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $729,176 · grants $56,743 · revenue $714,312

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-8600388
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B280)
Assets (IRS master file)
$3,759,089
Income (IRS master file)
$858,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$856,854$890,972$3,759,089XML
990June 2024$828,886$835,393$3,873,541XML
990June 2023$711,640$750,938$3,891,823IRS
990June 2022$774,840$788,908$3,990,304IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 20-8600388).

Questions about LIBERTY SCHOOL INC

What is the EIN of LIBERTY SCHOOL INC?
The employer identification number (EIN) of LIBERTY SCHOOL INC is 20-8600388.
Is LIBERTY SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to LIBERTY SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBERTY SCHOOL 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 SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBERTY SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIBERTY SCHOOL INC?
The 990 for the year ended June 30, 2025 names Joe Lloyd.
Who are the officers and directors of LIBERTY SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $36,620 (Douglas C Holmen, Head of School).
How much revenue does LIBERTY SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $856,854, expenses of $890,972 and total assets of $3,759,089 at year end.

Other nonprofits in DURANGO

All nonprofits in DURANGO · Colorado · Education