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Nonprofit · EIN 75-2316143

LIBERTY EDUCATIONAL MINISTRIES INC

Tax-exempt · ARGYLE, TX 76226

Financials

$28.5M$26.9M2022$31.1M$28.6M2023$33.3M$30.8M2024
Revenue Expenses · by fiscal year end
Financials of LIBERTY EDUCATIONAL MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$33,276,108$30,775,236$2,500,872$55,216,916$14,570,998$40,645,918
May 31, 2024990$31,092,300$28,582,865$2,509,435$52,574,444$14,371,442$38,203,002
May 31, 2023990$28,472,524$26,912,309$1,560,215$50,982,693$15,396,730$35,585,963
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$2,748,262
Program service revenue
$29,585,266
Investment income
$244,375
Net income from fundraising events
$187,827
Net income from sales of inventory
$380,000
Other revenue
$698,205

Expenses

Grants and similar amounts paid
$2,240,138
Compensation of officers, directors and key employees
$585,075
Other salaries and wages
$13,662,458
Salaries, compensation and benefits (total)
$17,318,274
Professional fundraising fees
$0
Legal fees
$66,770
Accounting fees
$44,650
Occupancy
$648,428
Travel
$3,247
Depreciation
$2,198,153
Program services (functional)
$24,448,382
Management and general (functional)
$4,834,986
Fundraising (functional)
$1,491,868

Balance sheet and other

Total assets, start of year
$52,574,444
Total assets, end of year
$55,216,916
Total liabilities, end of year
$14,570,998
Net assets, end of year
$40,645,918
Land, buildings and equipment
$41,480,516
Net assets without donor restrictions
$38,433,635
Net assets with donor restrictions
$2,212,283
Gross receipts
$33,670,919
Employees
346
Volunteers
250
Year formed
1989
State of legal domicile
TX

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Dr Blair McCulloughPresident
Officer
40$297,433$17,937
Jared MlynczykAssistant Head of School o
Officer
40$157,626$13,858
Ryan BarnhartVP - Advancement
Officer
40$149,107$12,834
Julie BarberVP - Operations
Officer
40$130,015$12,895
Steven BosleyFacilities Manager
Highest-paid employee
40$129,918$8,412
Joe O'RourkePresident
Trustee or director, Officer
0.5$0$0
Dr Gracie PackwoodSecretary
Trustee or director, Officer
0.5$0$0
Rob ConnorTrustee
Trustee or director
0.5$0$0
Mario RamirezTrustee
Trustee or director
0.5$0$0
Beau GlennTrustee
Trustee or director
0.5$0$0
Marc DeWallTrustee
Trustee or director
0.5$0$0
Jenny HaskinTrustee
Trustee or director
0.5$0$0
Toby SloughTrustee
Trustee or director
0.5$0$0
Robert CaseyTrustee
Trustee or director
0.5$0$0
Carlos GuillemTrustee
Trustee or director
0.5$0$0
990 for the year ended May 31, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
Dr Blair McCulloughPresident
Officer
40$270,417$16,540
Jared MlynczykAssistant Head of School
Officer
40$139,221$12,746
Julie BarberVP - Operations
Officer
40$120,433$12,127
Steven BosleyFacilities Manager
Highest-paid employee
40$124,448$7,950
Ashley KellyAssociate Girls Athletic Director
Officer
40$102,670$11,512
Joe O'RourkeTrustee
Trustee or director
0.5$0$0
Beau GlennTrustee
Trustee or director
0.5$0$0
Dr Gracie PackwoodSecretary
Trustee or director, Officer
0.5$0$0
Mario RamirezTrustee
Trustee or director
0.5$0$0
Rob ConnorBoard Chair/President
Trustee or director, Officer
0.5$0$0
Marc DeWallTrustee
Trustee or director
0.5$0$0
Jenny HaskinTrustee
Trustee or director
0.5$0$0
Toby SloughTrustee
Trustee or director
0.5$0$0
990 for the year ended May 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
Dr Blair McCulloughPresident
Officer
40$229,167$14,726
Steven BosleyFacilities Manager
Highest-paid employee
40$120,992$7,580
Jared MlynczykAssistant Head of School o
Officer
40$116,013$11,599
Dedra BrynnVP of Advancement
Officer
40$120,183$4,082
Julie BarberVP of Operations
Officer
40$108,875$11,356
Joe O'RourkePresident
Trustee or director, Officer
0.5$0$0
Billie RileyTrustee
Trustee or director
0.5$0$0
Gracie PackwoodSecretary
Trustee or director, Officer
0.5$0$0
Mario RamirezTrustee
Trustee or director
0.5$0$0
Rob ConnorBoard Chair
Trustee or director
0.5$0$0
Marc DeWallTrustee
Trustee or director
0.5$0$0
Lou PurvisTrustee
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1301 S US HIGHWAY 377, ARGYLE, TX 76226-7744
Principal officer (990 for 2024)
Dr Blair McCullough, 1301 S Highway 377, Argyle, TX 76226
Signed the 990
Dr Blair McCullough, President
Phone
(940) 294-2000
Return prepared by
Freemon Shapard & Story

Mission

Liberty's mission is to provide a holistic college preparatory eduction in a nurturing, Christ-centered environment.

990 for the year ended May 31, 2025

Program accomplishments

  • The development of Christian Leaders by providing a college preparatory curriculum based on God's word. The school has accomplished its mission through the following academic emphasis:1. To promote high academic standards, and to help each student realize his full academic potential.2. To prepare students for success and achievement at the college level.3. To assist students in developing a disciplined approach to their studies.4. To encourage all students to think clearly and logically and to work both independently and cooperatively, using good study habits.5. To help each student gain a thorough mastery of the fundamental processes used in communicating and dealing with others, including reading, writing, speaking, listening, and using mathematics.6. To develop creative and critical thinking, and proper use of biblical criteria for evaluation.7. To develop responsible freedom, instilling a love for our country and respect for those who lived and died to make America great.8. To help students develop an understanding of the world in which they live and the ability to appreciate and contribute to their environment.
    Expenses $24,448,382 · grants $2,240,138 · revenue $29,585,266

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

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
75-2316143
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
1990
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$55,216,916
Income (IRS master file)
$33,670,919

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$33,276,108$30,775,236$55,216,916XML
990May 2024$31,092,300$28,582,865$52,574,444XML
990May 2023$28,472,524$26,912,309$50,982,693XML
990May 2022$25,424,585$22,530,740$56,879,806IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 75-2316143).

Questions about LIBERTY EDUCATIONAL MINISTRIES INC

What is the EIN of LIBERTY EDUCATIONAL MINISTRIES INC?
The employer identification number (EIN) of LIBERTY EDUCATIONAL MINISTRIES INC is 75-2316143.
Is LIBERTY EDUCATIONAL MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to LIBERTY EDUCATIONAL MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBERTY EDUCATIONAL MINISTRIES 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 EDUCATIONAL MINISTRIES INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBERTY EDUCATIONAL MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of LIBERTY EDUCATIONAL MINISTRIES INC?
The 990 for the year ended May 31, 2025 names Dr Blair McCullough.
Who are the officers and directors of LIBERTY EDUCATIONAL MINISTRIES INC?
The 990 for the year ended May 31, 2025 lists 15 people; 5 received compensation from the organization, the highest $297,433 (Dr Blair McCullough, President).
How much revenue does LIBERTY EDUCATIONAL MINISTRIES INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $33,276,108, expenses of $30,775,236 and total assets of $55,216,916 at year end.

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