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Funding

Tennessee · Nonprofit

LIBERTAS SCHOOL OF MEMPHIS

LIBERTAS SCHOOL OF MEMPHIS (Tennessee) receives grants from 24 organizations whose IRS filings report $5,517,479 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($2,325,825). 11 of them have funded it in more than one year.

$11M
Revenue FY2025
24
Funders on record
$5.5M
Grants received
$12M
Net assets
11/24 repeat funderspeak grant-dependency 17%

Against its field

LIBERTAS SCHOOL OF MEMPHIS runs a healthier operating margin than three-quarters of the 3,681 education nonprofits its size.

Operating margin18% · top quartile
Months of reserve6.8mo · top quartile
Revenue growth (annualized)18% · top quartile

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($3.0M) Expenses 100 ($2.7M) Net assets 100 ($543k)2018 Revenue 119 ($3.5M) Expenses 127 ($3.4M) Net assets 126 ($682k)2019 Revenue 162 ($4.8M) Expenses 165 ($4.4M) Net assets 205 ($1.1M)2021 Revenue 265 ($7.8M) Expenses 218 ($5.8M) Net assets 758 ($4.1M)2022 Revenue 276 ($8.2M) Expenses 228 ($6.0M) Net assets 1149 ($6.2M)2023 Revenue 291 ($8.6M) Expenses 249 ($6.6M) Net assets 1519 ($8.3M)2024 Revenue 335 ($9.9M) Expenses 299 ($7.9M) Net assets 1881 ($10M)2025 Revenue 382 ($11M) Expenses 347 ($9.2M) Net assets 2262 ($12M)
'17'18'19'21'22'23'24'25
Revenue (382)Expenses (347)Net assets (2262)Peer revenue range

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
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 36% · 2018 34% · 2019 33% · 2021 88% · 2022 94% · 2023 82% · 2024 58% · 2025 45%. Grants only. Government contracts and fees sit inside program revenue.

98% of LIBERTAS SCHOOL OF MEMPHIS’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$305k
17
$139k
18
$432k
19
$2.1M
21
$2.1M
22
$2.0M
23
$2.0M
24
$2.1M
25
6.8
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $100k → $1.5M.

6 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF)44% 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 LIBERTAS SCHOOL OF MEMPHIS’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

LIBERTAS SCHOOL OF MEMPHIS leans on a few funders — its largest provides 42% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

87% 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 LIBERTAS SCHOOL OF MEMPHIS.

42%
largest funder
70%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2019 96% · 2020 55% · 2021 46% · 2022 46% · 2023 49%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.

How long its funders stay

57% of LIBERTAS SCHOOL OF MEMPHIS's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

LIBERTAS SCHOOL OF MEMPHIS draws 82% of its grant income from funders outside Tennessee, across 8 states in all.

WI
CA
CO
VA
TN
NC
DC
MS

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

18
19
20
21
22
23
Tennessee out of state home

Funder states come from each funder’s own filing. $2.4M arriving through sponsors registered in 6 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 24 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like LIBERTAS SCHOOL OF MEMPHIS

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

In Tennessee

Nationally

04Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 19%Fundraising 1%

Governance

9
board members
111%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for LIBERTAS SCHOOL OF MEMPHIS: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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

Questions and answers

Who funds LIBERTAS SCHOOL OF MEMPHIS?
LIBERTAS SCHOOL OF MEMPHIS (Tennessee) receives grants from 24 organizations whose IRS filings report $5,517,479 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($2,325,825). 11 of them have funded it in more than one year.
How many funders does LIBERTAS SCHOOL OF MEMPHIS have?
IRS filings report 24 organizations giving $5,517,479 in grants to LIBERTAS SCHOOL OF MEMPHIS, 11 of which have funded it in more than one year.
Who is the largest funder of LIBERTAS SCHOOL OF MEMPHIS?
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC is the largest funder on record, with $2,325,825 in grants. The full list of funders is on this page.
How can an organization like LIBERTAS SCHOOL OF MEMPHIS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 24funders 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 August 27, 2026. What this page cannot tell you · view filing