Nonprofit · EIN 81-2889340
LIBERATION VETERAN SERVICES INC
Tax-exempt · RICHMOND, VA 23225
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,094,807 | $1,743,605 | $2,351,202 | $9,941,359 | $60,781 | $9,880,578 |
| December 31, 2023 | 990 | $7,477,986 | $1,239,271 | $6,238,715 | $7,581,349 | $51,973 | $7,529,376 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,008,970
- of which government grants
- $829,615
- Program service revenue
- $0
- Investment income
- $80,354
- Other revenue
- $5,483
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,756
- Other salaries and wages
- $758,771
- Salaries, compensation and benefits (total)
- $990,205
- Professional fundraising fees
- $0
- Accounting fees
- $40,280
- Occupancy
- $194,137
- Depreciation
- $34,721
- Program services (functional)
- $1,423,168
- Management and general (functional)
- $144,637
- Fundraising (functional)
- $175,800
Balance sheet and other
- Total assets, start of year
- $7,581,349
- Total assets, end of year
- $9,941,359
- Total liabilities, end of year
- $60,781
- Net assets, end of year
- $9,880,578
- Land, buildings and equipment
- $1,159,755
- Net assets without donor restrictions
- $3,012,340
- Net assets with donor restrictions
- $6,868,238
- Gross receipts
- $4,094,807
- Employees
- 22
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- VA
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 |
|---|---|---|---|
| JAY PATRICK | PRESIDENT/CEO Officer | 40 | $115,754 |
| PEGGY JACKSON | TREASURER Trustee or director, Officer | 2 | $0 |
| CHUCK POTTS | CHAIR Trustee or director, Officer | 2 | $0 |
| JOE MASLANKA | BOARD MEMBER Trustee or director | 2 | $0 |
| TRAVELL TRAVIS | BOARD MEMBER Trustee or director | 2 | $0 |
| MARIO WELLS | BOARD MEMBER Trustee or director | 2 | $0 |
| BEN GRYCTKO | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY PATRICK | EXECUTIVE DIRECTOR Officer | 40 | $110,254 |
| PEGGY JACKSON | TREASURER Trustee or director, Officer | 2 | $0 |
| CHUCK POTTS | CHAIR Trustee or director, Officer | 2 | $0 |
| JOE MASLANKA | BOARD MEMBER Trustee or director | 2 | $0 |
| TRAVELL TRAVIS | BOARD MEMBER Trustee or director | 2 | $0 |
| MARIO WELLS | BOARD MEMBER Trustee or director | 2 | $0 |
| BEN GRYCTKO | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5503 1/2 MIDLOTHIAN TPKE, RICHMOND, VA 23225-0000
- In care of
- % ALEXANDER J PATRICK
- Principal officer (990 for 2024)
- ALEXANDER J PATRICK, 1201 HULL STREET, RICHMOND, VA 23224
- Signed the 990
- ALEXANDER J PATRICK, PRESIDENT/CEO
- Phone
- (804) 233-4064
- Website
- WWW.LVSRVA.ORG
- Return prepared by
- FRANK BARCALOW CPA PLLC
Mission
TO SERVE HOMELESS VETERANS IN CRISIS
Program accomplishments
- Liberation Veteran Services, Inc., LVS, provides transitional housing to male veterans. Our focus is serving veterans and our primary goal for our vets is permanenthousing and self-sufficiency. We currently serve 38 male veterans in our program. Our transitional housing program provides homeless veterans an opportunity to receive the services and support they need to rebuild their lives. We desire to help the individualwho is motivated but lacks opportunity. We envision a community where all veterans have a place to call home. Our guiding values are Respect, Integrity, Compassion and Fairness. In most cases, an individual just needs a place to sleep, eat and feel safewhile improving his situation. LVS is here to provide that boost and connect them with the necessary tools and resources to put them back on the right track towards self-sufficiency.Expenses $1,423,168
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
- 81-2889340
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L41)
- Assets (IRS master file)
- $9,941,359
- Income (IRS master file)
- $4,094,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,094,807 | $1,743,605 | $9,941,359 | XML |
| 990 | December 2023 | $7,477,986 | $1,239,271 | $7,581,349 | XML |
| 990 | December 2022 | $1,191,376 | $1,028,409 | $1,338,246 | 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 81-2889340).
Questions about LIBERATION VETERAN SERVICES INC
- What is the EIN of LIBERATION VETERAN SERVICES INC?
- The employer identification number (EIN) of LIBERATION VETERAN SERVICES INC is 81-2889340.
- Is LIBERATION VETERAN SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to LIBERATION VETERAN SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIBERATION VETERAN SERVICES 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 LIBERATION VETERAN SERVICES 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 LIBERATION VETERAN SERVICES 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 LIBERATION VETERAN SERVICES INC?
- The 990 for the year ended December 31, 2024 names ALEXANDER J PATRICK.
- Who are the officers and directors of LIBERATION VETERAN SERVICES INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $115,754 (JAY PATRICK, PRESIDENT/CEO).
- How much revenue does LIBERATION VETERAN SERVICES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,094,807, expenses of $1,743,605 and total assets of $9,941,359 at year end.
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