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Massachusetts · Nonprofit

FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC

FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $1,890,131 to it, the largest being THE JENNISON CHARITABLE FOUNDATION ($523,100). 5 of them have funded it in more than one year.

Revenue FY2025
$847k
Funders on record
9
Grants received
$1.9M
Net assets
$525k
5/9 repeat fundersgrants exceed reported revenue in one year
01What it does

What Friends of Libertas Academy Charter School Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. 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.

    $1,793,355 spentof which $1,793,355 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,793,355.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($151k) Expenses 100 ($118k) Net assets 100 ($33k)2018 Revenue 92 ($139k) Expenses 69 ($81k) Net assets 276 ($91k)2019 Revenue 149 ($224k) Expenses 136 ($160k) Net assets 472 ($155k)2020 Revenue 100 ($151k) Expenses 119 ($140k) Net assets 506 ($166k)2021 Revenue 244 ($367k) Expenses 212 ($250k) Net assets 863 ($283k)2022 Revenue 108 ($163k) Expenses 156 ($184k) Net assets 798 ($262k)2023 Revenue 691 ($1.0M) Expenses 360 ($424k) Net assets 2680 ($879k)2024 Revenue 487 ($734k) Expenses 120 ($142k) Net assets 4486 ($1.5M)2025 Revenue 562 ($847k) Expenses 1521 ($1.8M) Net assets 1601 ($525k)
'17'18'19'20'21'22'23'24'25
Revenue (562)Expenses (1521)Net assets (1601)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.7M to $525k (−68%).

$36k
$91k
$155k
$166k
$458k
$262k
$1.1M
$1.7M
$525k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

93% of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$33k
’17
$58k
’18
$64k
’19
$11k
’20
$117k
’21
−$21k
’22
$617k
’23
$592k
’24
−$946k
’25
3.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920212022202320242025
Listed833333
Joined··+0+0+0+0
No longer listed··0000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $75k → $486k.

3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

30% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC.

28%
largest funder
57%
top three
~6
effective funders

Largest funder’s share by year: 2017 100% · 2018 69% · 2019 66% · 2020 86% · 2021 59% · 2022 52% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

89% of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC's grant income comes from Massachusetts funders.

MA
CT

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $572k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC has grown faster than three-quarters of the 16,849 education nonprofits its size.

Operating margin−112% · bottom quartile
Months of reserve3.5mo · below the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

3
board members
67%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • Libertas Academy Charter School · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC?
FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $1,890,131 to it, the largest being THE JENNISON CHARITABLE FOUNDATION ($523,100). 5 of them have funded it in more than one year.
How many funders does FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC have?
IRS filings report 9 organizations giving $1,890,131 in grants to FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC, 5 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC?
THE JENNISON CHARITABLE FOUNDATION is the largest funder on record, with $523,100 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF LIBERTAS ACADEMY CHARTER SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing