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Nonprofit · EIN 81-3371302

FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC

Tax-exempt · SPRINGFIELD, MA 01103

Financials

$1M$424K2022$734K$142K2023$847K$1.8M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$847,425$1,793,355-$945,930$524,735$0$524,735
June 30, 2024990$734,178$142,049$592,129$1,664,432$193,767$1,470,665
June 30, 2023990$1,041,170$424,234$616,936$1,109,863$231,327$878,536
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$789,063
Program service revenue
$0
Investment income
$58,362
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,793,355
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,793,355

Balance sheet and other

Total assets, start of year
$1,664,432
Total assets, end of year
$524,735
Total liabilities, end of year
$0
Net assets, end of year
$524,735
Net assets without donor restrictions
$263,135
Net assets with donor restrictions
$261,600
Gross receipts
$847,425
Employees
0
Volunteers
0
Year formed
2016
State of legal domicile
MA

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 / weekCompensationFrom related orgsOther / benefits
MODESTO MONTEROPRESIDENT
Officer
2$0$185,000$5,505
LAUREN DAVISCLERK
Officer
2$0$0$0
HECTOR SAVALATREASURER
Officer
2$0$0$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MODESTO MONTEROPRESIDENT
Officer
2$0$185,000$5,336
LAUREN DAVISCLERK
Officer
2$0$0$0
HECTOR SAVALATREASURER
Officer
2$0$0$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgs
MODESTO MONTEROPRESIDENT
Officer
2$0$155,239
LAUREN DAVISCLERK
Officer
2$0$0
HECTOR SAVALATREASURER
Officer
2$0$0

Address and contacts

Address (IRS master file)
146 CHESTNUT ST, SPRINGFIELD, MA 01103-1554
Principal officer (990 for 2024)
MODESTO MONTERO, 146 CHESTNUT STREET, SPRINGFIELD, MA 01103
Signed the 990
MODESTO MONTERO, PRESIDENT
Phone
(413) 342-5510
Return prepared by
DANIEL DENNIS & COMPANY LLP

Mission

THE FRIENDS OF LIBERTAS WAS FORMED TO PROMOTE THE FINANCIAL WELL-BEING OF LIBERTAS ACADEMY CHARTER SCHOOL BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR THE OPERATIONS OF THE SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FRIENDS OF LIBERTAS WAS FORMED TO PROMOTE THE FINANCIAL WELL-BEING OF LIBERTAS ACADEMY CHARTER SCHOOL, BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR THE OPERATION OF THE SCHOOL.
    Expenses $1,793,355 · grants $1,793,355

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
81-3371302
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
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$524,735
Income (IRS master file)
$847,425

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$847,425$1,793,355$524,735IRS
990June 2024$734,178$142,049$1,664,432IRS
990June 2023$1,041,170$424,234$1,109,863XML
990June 2022$162,615$184,060$261,600IRS
990June 2021–––IRS
990-EZJune 2020–––IRS
990June 2019–––IRS
990-EZJune 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 81-3371302).

Questions about FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC

What is the EIN of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC?
The employer identification number (EIN) of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC is 81-3371302.
Is FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF LIBERTAS ACADEMY CHARTER 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 FRIENDS OF LIBERTAS ACADEMY CHARTER 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 FRIENDS OF LIBERTAS ACADEMY CHARTER 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 FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 names MODESTO MONTERO.
Who are the officers and directors of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $847,425, expenses of $1,793,355 and total assets of $524,735 at year end.

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