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Nonprofit · EIN 84-4959437

LIBBYS FRIENDS

Tax-exempt · MOUNTAIN BRK, AL 35213

Financials

$426K$353K2023$436K$531K2024$715K$780K2025
Revenue Expenses · by fiscal year end
Financials of LIBBYS FRIENDS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$714,993$779,900-$64,907$105,940$0$105,940
December 31, 2024990$436,148$530,705-$94,557$170,847$0$170,847
December 31, 2023990$426,053$352,680$73,373$265,405$0$265,405
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$714,137
Investment income
$856
Other revenue
$0

Expenses

Grants and similar amounts paid
$689,992
Compensation of officers, directors and key employees
$33,000
Salaries, compensation and benefits (total)
$33,000
Professional fundraising fees
$0
Program services (functional)
$716,992
Management and general (functional)
$20,072
Fundraising (functional)
$42,836

Balance sheet and other

Total assets, start of year
$170,847
Total assets, end of year
$105,940
Total liabilities, end of year
$0
Net assets, end of year
$105,940
Net assets without donor restrictions
$105,940
Gross receipts
$714,993
Employees
0
Volunteers
15
Year formed
2020
State of legal domicile
AL

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lane HaganExecutive Dir.
Trustee or director, Officer
30$27,000
Emily CliffordChairman
Trustee or director, Officer
10$6,000
Mary Andrews CarlisleTreasurer
Trustee or director
2$0
Jack LouisDirector
Trustee or director
2$0
Justin AllenDirector
Trustee or director
2$0
Jana NewtonDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Lane HaganExecutive Dir.
Trustee or director, Officer
30$30,000
Emily CliffordTreasurer
Trustee or director, Officer
10$6,000
Mary Andrews CarlisleDirector
Trustee or director
2$0
Jack LouisDirector
Trustee or director
2$0
Justin AllenDirector
Trustee or director
2$0
Jana NewtonDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Lane HaganExecutive Dir.
Trustee or director, Officer
30$15,000
Emily CliffordTreasurer
Trustee or director, Officer
15$5,000
Kyle ConradPresident
Trustee or director, Officer
2$0
Kristi RennekerSecretary
Trustee or director, Officer
2$0
Mary Andrews CarlisleDirector
Trustee or director
2$0
Rachel OlisVice President
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
4415 CORINTH DR, MOUNTAIN BRK, AL 35213-1815
Mailing address (990-N for 2020)
3546 Westbury Rd, Mountain Brook AL 35223
Principal officer (990 for 2025)
Lane Hagan, 3456 Westbury Rd, Mountain Brook, AL 352231440
Principal officer (990-N for 2020)
Andrew Hagan, 3546 Westbury Rd, Mountain Brook AL 35223
Signed the 990
Lane Hagan, Executive Director
Return prepared by
Monteagle Strategic Finance LLC

Mission

We know first hand how expensive it is to raise a child with special needs. Wheelchairs, adaptive equipment, and therapies can run thousands of dollars and are not always fully covered by insurance. While we are very thankful for insurance, there is a gap in coverage where these things are either not covered at all or the deductibles and copays put added stress to an already difficult situation. Our goal is to assist families who are in this financial gap. Let us take some of the burden off of your shoulders so you can enjoy life with your incredibly special family member.

990 for the year ended December 31, 2025

Program accomplishments

  • Amounts paid on behalf of families, assisting in the medical care for families in need.
    Expenses $679,992 · grants $679,992
  • Amounts paid for management of the organization and review and disbursement of grant funds
    Expenses $27,000
  • Grants and donations to other non-profits with similar missions to Libby's Friends used to expand the reach of Libby's Friends
    Expenses $10,000 · grants $10,000

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-4959437
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E12)
Assets (IRS master file)
$105,940
Income (IRS master file)
$714,993

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$714,993$779,900$105,940IRS
990December 2024$436,148$530,705$170,847XML
990December 2023$426,053$352,680$265,405XML
990December 2022$331,213$175,010$192,032IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Andrew Hagan
December 31, 2020≤ $50,000 receipts––e-Postcard

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 84-4959437).

Questions about LIBBYS FRIENDS

What is the EIN of LIBBYS FRIENDS?
The employer identification number (EIN) of LIBBYS FRIENDS is 84-4959437.
Is LIBBYS FRIENDS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to LIBBYS FRIENDS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBBYS FRIENDS 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 LIBBYS FRIENDS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBBYS FRIENDS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LIBBYS FRIENDS?
The 990 for the year ended December 31, 2025 names Lane Hagan.
Who are the officers and directors of LIBBYS FRIENDS?
The 990 for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $27,000 (Lane Hagan, Executive Dir.).
How much revenue does LIBBYS FRIENDS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $714,993, expenses of $779,900 and total assets of $105,940 at year end.

Other nonprofits in MOUNTAIN BRK

All nonprofits in MOUNTAIN BRK · Alabama · Health care