Skip to content
ProPublica Donate
ProPublica Donate

Liberty Charter School Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$5.46M (2024)

Expenses
$4.37M (2024)

Total Assets
$12M (2024)

Total Liabilities
$4.66M (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,459,422
Expenses
$4,371,354
Net Income
$1,088,068
Net Assets
$7,342,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,177,615
94.8%
Program Services $0
Investment Income $281,807
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $262,257
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,817,258
41.6%
Assets/Debt
Total Assets $11,999,212
Total Liabilities $4,656,509
Net Assets $7,342,703
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $113,166 $0 $14,361
James Ashton (Vice Principal) $96,091 $0 $12,194
Rebecca Stallcop (Administrator) $53,000 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Director) $0 $0 $0
Patti Ward (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,811,199
Expenses
$4,600,932
Net Income
$210,267
Net Assets
$6,254,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,648,375
96.6%
Program Services $0
Investment Income $162,824
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $231,500
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,797,696
39.1%
Assets/Debt
Total Assets $11,285,238
Total Liabilities $5,030,603
Net Assets $6,254,635
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $99,051 $0 $11,827
James Ashton (Vice Principal) $81,744 $0 $9,760
Rebecca Stallcop (Administrator) $52,990 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Director) $0 $0 $0
Patti Ward (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,612,901
Expenses
$3,833,916
Net Income
$778,985
Net Assets
$6,044,368
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,601,906
99.8%
Program Services $0
Investment Income $10,995
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $248,700
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,850,483
48.3%
Assets/Debt
Total Assets $10,582,919
Total Liabilities $4,538,551
Net Assets $6,044,368
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $106,200 $0 $12,680
Jim Ashton (Vice Principal) $71,356 $0 $8,520
Rebecca Stallcop (Administrator) $57,500 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Director) $0 $0 $0
Patti Ward (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,757,992
Expenses
$3,875,265
Net Income
$882,727
Net Assets
$5,265,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,737,952
99.6%
Program Services $0
Investment Income $20,040
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $146,500
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,686,292
43.5%
Assets/Debt
Total Assets $9,896,927
Total Liabilities $4,631,544
Net Assets $5,265,383
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $98,475 $0 $11,758
Rebecca Stallcop (Administrator) $55,000 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Director) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Director) $0 $0 $0
Patti Ward (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,973,306
Expenses
$3,422,135
Net Income
$551,171
Net Assets
$4,327,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,915,063
98.5%
Program Services $0
Investment Income $58,243
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $145,000
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,581,390
46.2%
Assets/Debt
Total Assets $8,478,192
Total Liabilities $4,150,946
Net Assets $4,327,246
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $100,642 $0 $12,600
Rebecca Stallcop (Administrator) $50,000 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Director) $0 $0 $0
Patti Ward (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,887,054
Expenses
$3,215,626
Net Income
$671,428
Net Assets
$3,776,075
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,825,827
98.4%
Program Services $0
Investment Income $61,227
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,000
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,450,527
45.1%
Assets/Debt
Total Assets $7,986,711
Total Liabilities $4,210,636
Net Assets $3,776,075
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $96,142 $0 $11,999
Rebecca Stallcop (Administrator) $52,500 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Dee Bower (Sec/Treasurer) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0
Patti Ward (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,689,441
Expenses
$3,174,733
Net Income
$514,708
Net Assets
$3,104,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,659,368
99.2%
Program Services $0
Investment Income $30,073
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,000
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,446,086
45.5%
Assets/Debt
Total Assets $7,419,104
Total Liabilities $4,314,457
Net Assets $3,104,647
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $90,400 $0 $11,282
Rebecca Stallcop (Administrator) $54,800 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Jennifer Chambers (Member) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0
Rob Hamblin (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,524,836
Expenses
$2,973,176
Net Income
$551,660
Net Assets
$2,589,939
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,509,626
99.6%
Program Services $0
Investment Income $15,210
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,000
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,330,235
44.7%
Assets/Debt
Total Assets $7,313,875
Total Liabilities $4,723,936
Net Assets $2,589,939
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $87,128 $0 $10,433
Rebecca Stallcop (Administrator) $47,500 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Sherry Mancuso (Sec./Treasurer) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0
Rob Hamblin (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,282,875
Expenses
$2,867,592
Net Income
$415,283
Net Assets
$2,038,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,277,172
99.8%
Program Services $0
Investment Income $5,703
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,000
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,381,316
48.2%
Assets/Debt
Total Assets $6,632,944
Total Liabilities $4,594,665
Net Assets $2,038,279
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $92,889 $0 $10,515
Rebecca Stallcop (Administrator) $52,025 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Vice Chair) $0 $0 $0
Sherry Mancuso (Sec./Treasurer) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0
Rob Hamblin (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,248,505
Expenses
$2,894,474
Net Income
$354,031
Net Assets
$1,622,996
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,246,499
99.9%
Program Services $0
Investment Income $2,006
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $116,550
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,263,436
43.6%
Assets/Debt
Total Assets $6,150,161
Total Liabilities $4,527,165
Net Assets $1,622,996
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $89,796 $0 $10,165
Rebecca Stallcop (Administrator) $47,407 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Clyde Colbert (Member) $0 $0 $0
Sherry Mancuso (Member) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0
Rob Hamblin (Member) $0 $0 $0
Alane Mc Knight (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,995,478
Expenses
$2,862,403
Net Income
$133,075
Net Assets
$1,975,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,994,370
100.0%
Program Services $0
Investment Income $1,108
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $117,250
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,255,196
43.9%
Assets/Debt
Total Assets $5,790,364
Total Liabilities $3,814,638
Net Assets $1,975,726
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Wachsmuth (Vice Principal) $86,458 $0 $9,787
Rebecca Stallcop (Administrator) $45,325 $0 $0
Sheila Bryant (Chair) $0 $0 $0
Rob Hamblin (Member) $0 $0 $0
Sherry Mancuso (Member) $0 $0 $0
Clyde Colbert (Member) $0 $0 $0
Ted Hernandez (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,916,489
Expenses
$3,144,260
Net Income
-$227,771
Net Assets
$1,842,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,914,638
99.9%
Program Services $0
Investment Income $1,851
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,160
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,377,357
43.8%
Assets/Debt
Total Assets $5,727,888
Total Liabilities $3,885,237
Net Assets $1,842,651

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,738,939
Expenses
$2,888,097
Net Income
-$149,158
Net Assets
$2,070,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,737,550
99.9%
Program Services $0
Investment Income $1,389
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,000
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,304,852
45.2%
Assets/Debt
Total Assets $6,023,667
Total Liabilities $3,953,245
Net Assets $2,070,422

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »