Liberation Veteran Services Inc

Organization Overview

Liberation Veteran Services Inc is located in Richmond, VA. The organization was established in 2016. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Liberation Veteran Services Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberation Veteran Services 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 12/2021, Liberation Veteran Services Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $843.2k during the year ending 12/2021. While expenses have increased by 13.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OFFERS VETERANS EXPERIENCING HOMELESSNESS THE CARE , RESOURCES, AND STABILITY NEEDED TO REBUILD THEIR LIVES

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIBERATION VETERAN SERVICES, INC., LVS, PROVIDES TRANSITIONAL AND RAPID-REHOUSING ASSISTANCE TO MALE VETERANS. OUR FOCUS IS SERVING VETERANS AND OUR PRIMARY GOAL FOR OUR VETS IS PERMANENTHOUSING AND SELF-SUFFICIENCY. WE CURRENTLY SERVE 24 MALE VETERANS IN OUR PROGRAM. OUR TRANSITIONAL HOUSING PROGRAM PROVIDES HOMELESS VETERANS AN OPPORTUNITY TO RECEIVE THE SERVICES AND SUPPORT THEY NEED TO REBUILD THEIR LIVES. WE DESIRE TO HELP THE INDIVIDUALWHO IS MOTIVATED BUT LACKS OPPORTUNITY. WE ENVISION A COMMUNITY WHERE ALL VETERANS HAVE A PLACE TO CALL HOME. OUR GUIDING VALUES ARE RESPECT, INTEGRITY, COMPASSION AND FAIRNESS. IN MOST CASES, AN INDIVIDUAL JUST NEEDS A PLACE TO SLEEP, EAT AND FEEL SAFEWHILE IMPROVING HIS SITUATION. LVS IS HERE TO PROVIDE THAT BOOST AND CONNECT THEM WITH THE NECESSARY TOOLS AND RESOURCES TO PUT THEM BACK ON THE RIGHT TRACK TOWARDS SELF-SUFFICIENCY.


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Board, Officers & Key Employees

Name (title)Compensation
Jay Patrick
Executive Director
$82,652
Peggy Jackson
Treasurer
$0
Chuck Potts
Board Member
$0
Tameka Robertson
Board Member
$0
Fletcher Johnson
Board Member
$0
Joe Maslanka
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $718,727
All other contributions, gifts, grants, and similar amounts not included above$391,372
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,110,099
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,400
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,102,755

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Liberation Veteran Services Inc has recieved totaling $135,816.

Awarding OrganizationAmount
Virginia Sargeant Reynolds Foundation

Richmond, VA

PURPOSE: FUNDING ADDITIONAL CASE MANAGER

$50,000
Virginians For Veterans

North Chesterfield, VA

PURPOSE: ASSIST VETERANS

$30,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,804
Virginia Nonproit Housing Coalition

Richmond, VA

PURPOSE: GENERAL OPERATING

$15,000
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$10,000
Emily S & Coleman A Hunter Trust

Orlando, FL

PURPOSE: GENERAL

$5,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
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Baltimore, MD
$24,482,350
Knox Area Rescue Ministries
Knoxville, TN
$22,883,471
Friendship Place
Washington, DC
$20,756,314
Nashville Rescue Mission
Nashville, TN
$20,187,859
Forkids Inc
Chesapeake, VA
$15,557,559
Central Union Mission
Washington, DC
$16,629,553
New Hope Housing Inc
Alexandria, VA
$13,222,867
House Of Ruth
Washington, DC
$14,138,940
The Next Door
Nashville, TN
$10,091,124
Hope Center Inc
Lexington, KY
$9,458,031
Homeward Bound Of Western North Carolina Inc
Asheville, NC
$7,947,393
The Light House Inc
Annapolis, MD
$6,589,792

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