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Nonprofit · EIN 81-2889340

LIBERATION VETERAN SERVICES INC

Tax-exempt · RICHMOND, VA 23225

Financials

$7.5M$1.2M2023$4.1M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of LIBERATION VETERAN SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,094,807$1,743,605$2,351,202$9,941,359$60,781$9,880,578
December 31, 2023990$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.

NameTitleHours / weekCompensation
JAY PATRICKPRESIDENT/CEO
Officer
40$115,754
PEGGY JACKSONTREASURER
Trustee or director, Officer
2$0
CHUCK POTTSCHAIR
Trustee or director, Officer
2$0
JOE MASLANKABOARD MEMBER
Trustee or director
2$0
TRAVELL TRAVISBOARD MEMBER
Trustee or director
2$0
MARIO WELLSBOARD MEMBER
Trustee or director
2$0
BEN GRYCTKOBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAY PATRICKEXECUTIVE DIRECTOR
Officer
40$110,254
PEGGY JACKSONTREASURER
Trustee or director, Officer
2$0
CHUCK POTTSCHAIR
Trustee or director, Officer
2$0
JOE MASLANKABOARD MEMBER
Trustee or director
2$0
TRAVELL TRAVISBOARD MEMBER
Trustee or director
2$0
MARIO WELLSBOARD MEMBER
Trustee or director
2$0
BEN GRYCTKOBOARD 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
Return prepared by
FRANK BARCALOW CPA PLLC

Mission

TO SERVE HOMELESS VETERANS IN CRISIS

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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
Assets (IRS master file)
$9,941,359
Income (IRS master file)
$4,094,807

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,094,807$1,743,605$9,941,359XML
990December 2023$7,477,986$1,239,271$7,581,349XML
990December 2022$1,191,376$1,028,409$1,338,246IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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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