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Illinois · Nonprofit

LIBERTY EDUCATION FOUNDATION

LIBERTY EDUCATION FOUNDATION (Illinois) receives grants from 1 organization whose IRS filings report $1,200 to it, the largest being The Bank of America Charitable Foundation Inc ($1,200). 1 of them have funded it in more than one year.

Revenue FY2025
$31k
Funders on record
1
Grants received
$1k
Net assets
$389k
1/1 repeat funderspeak grant-dependency 2%
01What it does

What Liberty Education Foundation does

Mission

The foundation provides monetary grants to liberty community unit school district unit 2

As stated on its FY2025 Form 990.

Program

  1. The foundation provides monetary grants to liberty community school district unit 2 to enhance the educational opportunities of students and teachers attending and working at lierty community school unit 2.

The program described on its FY2024 Form 990.

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 ($112k) Expenses 100 ($9k) Net assets 100 ($276k)2018 Revenue 72 ($81k) Expenses 490 ($46k) Net assets 113 ($311k)2019 Revenue 38 ($43k) Expenses 581 ($54k) Net assets 109 ($299k)2020 Revenue 76 ($85k) Expenses 558 ($52k) Net assets 121 ($332k)2021 Revenue 65 ($73k) Expenses 496 ($46k) Net assets 130 ($359k)2022 Revenue 42 ($47k) Expenses 299 ($28k) Net assets 137 ($378k)2023 Revenue 32 ($36k) Expenses 200 ($19k) Net assets 143 ($394k)2024 Revenue 23 ($26k) Expenses 249 ($23k) Net assets 145 ($400k)2025 Revenue 28 ($31k) Expenses 466 ($43k) Net assets 141 ($389k)
'17'18'19'20'21'22'23'24'25
Revenue (28)Expenses (466)Net assets (141)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 2017 to 2018, from $276k to $311k (+13%).

$276k
$311k
$299k
$332k
$359k
$378k
$394k
$400k
$389k
'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

84% of LIBERTY EDUCATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).

This organization
Typical peer · 10,230 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.

$103k
’17
$35k
’18
−$12k
’19
$33k
’20
$27k
’21
$19k
’22
$17k
’23
$3k
’24
−$13k
’25
108
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.

'17'18'19'20'21'22'23'24'25
Listed111111111111999
Joined·+1+3+3+0+0+6+0+1
No longer listed·13300801
03Who funds it

Who funds it, year by year

2018 → 2019: the base held at 1 funder, grant income rose $400 → $800.

From the IRS filings of LIBERTY EDUCATION FOUNDATION’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.

Where its funders are

LIBERTY EDUCATION FOUNDATION draws 100% of its grant income from funders outside Illinois, across 1 state in all.

NC

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

’18
’19
Illinois out of state home

Funder states come from each funder’s own filing. 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

LIBERTY EDUCATION FOUNDATION holds deeper cash reserves than three-quarters of the 6,328 community improvement nonprofits its size.

Operating margin−41% · bottom quartile
Months of reserve107.5mo · top quartile
Revenue growth (annualized)−15% · below the median

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Organizations like LIBERTY EDUCATION FOUNDATION

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 Illinois

Nationally

05Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

9
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

92%

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

Screen this organization

A dated, signed PDF of the compliance screen for LIBERTY EDUCATION FOUNDATION: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LIBERTY EDUCATION FOUNDATION?
LIBERTY EDUCATION FOUNDATION (Illinois) receives grants from 1 organization whose IRS filings report $1,200 to it, the largest being The Bank of America Charitable Foundation Inc ($1,200). 1 of them have funded it in more than one year.
How many funders does LIBERTY EDUCATION FOUNDATION have?
IRS filings report 1 organization giving $1,200 in grants to LIBERTY EDUCATION FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of LIBERTY EDUCATION FOUNDATION?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $1,200 in grants. The full list of funders is on this page.
How can an organization like LIBERTY EDUCATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Liberty Education →

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 1 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