Liberty Community Development Inc
- Assets
- $81.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 12
- Location
- Baltimore, MD
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 56-2316342
Organization Overview
Liberty Community Development Inc is located in Baltimore, MD. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Liberty Community Development Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Community Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Liberty Community Development Inc generated $64.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $79.5k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN CENTRAL MARYLAND. WE ACCOMPLISH THIS THROUGH OUR COMMUNITY SERVICES PROGRAMS AND OUR OUTREACH INITIATIVES THAT PROMOTE IMPROVEMENT IN THE QUALITY OF LIVES OF YOUTH AND THEIR FAMILIES.
TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN CENTRAL MARYLAND. WE ACCOMPLISH THIS THROUGH OUR COMMUNITY SERVICES PROGRAMS AND OUR OUTREACH INITIATIVES THAT PROMOTE IMPROVEMENT IN THE QUALITY OF LIVES OF YOUTH AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linwood Bethea President | 5 | $0 | |
Keith Penn-Jones Treasurer | 5 | $0 | |
Dwight Parker Vice President | 5 | $0 | |
Dr Karen Bethea Secretary | 5 | $0 | |
Kendra Randall-Jolivet Board Member | 5 | $0 | |
Linwood Bethea President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,939 |
| Total Revenue | $64,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,464 |
| Total expenses | $79,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,696 |
| Other assets | $0 |
| Total assets | $81,540 |
| Total liabilities | $101,036 |
| Net assets or fund balances | -$19,496 |