Liberti Network Of Churches
- Assets
- $151.8k
- Revenue
- $542.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Philadelphia, PA
- Founding
- 07/2019
- Data as of
- 06/2022
- EIN
- 83-4665614
Organization Overview
Liberti Network Of Churches is located in Philadelphia, PA. The organization was established in 2019. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Liberti Network Of Churches employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberti Network Of Churches 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 06/2022, Liberti Network Of Churches generated $542.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.4% each year . All expenses for the organization totaled $512.1k during the year ending 06/2022. While expenses have increased by 47.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LIBERTI NETWORK OF CHURCHES IS A COMMUNION OF CHURCHES THAT SEEKS TO LIVE, SPEAK AND SERVE AS THE PRESENCE OF CHRIST FOR THEIR LOCAL NEIGHBORHOODS AND REGION.THE ORGANIZATION HAS 3 PARTICULAR FOCUSES. 1) PLANT AND STRENGHTEN CHURCHES 2) ENGAGE IN REGIONAL JUSTICE AND MERCY INITIATIVES 3) PARTNER TOGETHER IN INTERNATIONAL MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS 3 PARTICULAR FOCUSES. 1) PLANT AND STRENGTHEN CHURCHES 2) ENGAGE IN REGIONAL JUSTICE AND MERCY INITIATIVES 3) PARTNER TOGETHER IN INTERNATIONAL MISSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Huber President | OfficerTrustee | 35 | $78,665 |
Michael Black Secretary | OfficerTrustee | 1.5 | $38,077 |
Vito Baldini Member | Trustee | 0.5 | $37,310 |
Stephen Wood Treasurer | OfficerTrustee | 1.5 | $3,500 |
Matt Looloian Member | Trustee | 0.5 | $0 |
James Angehr Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $510,398 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,298 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $201,468 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,778 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,863 |
| Payroll taxes | $7,763 |
| Fees for services: Management | $19,065 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $693 |
| Office expenses | $656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $500 |
| All other expenses | $3,884 |
| Total functional expenses | $512,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,594 |
| Savings and temporary cash investments | $57,183 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $40 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $151,817 |
| Accounts payable and accrued expenses | $2,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,242 |
| Net assets without donor restrictions | $62,951 |
| Net assets with donor restrictions | $86,624 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $151,817 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Liberti Network Of Churches has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Young Mens And Young Womens Hebrew Association New York, NY | $131,039,386 | $88,362,629 |
Word Of Life Foundation Inc Schroon Lake, NY | $29,167,251 | $32,657,621 |
Foundation Of The Catholic Diocese Of Columbus Columbus, OH | $225,801,350 | $24,775,130 |
Sisters Of Charity Of St Augustine Health System Inc Cleveland, OH | $57,997,267 | $6,211,280 |
The Catholic Foundation Of Greater Philadelphia Philadelphia, PA | $44,939,432 | $23,307,616 |
Jewish Community Foundation Inc Cherry Hill, NJ | $42,600,461 | $8,752,647 |
Episcopal Church Foundation New York, NY | $650,053,865 | $6,623,247 |
American Friends Of Lev Aharon New York, NY | $614,615 | $3,691,815 |
Yaazoru Inc Lakewood, NJ | $191,815 | $3,860,512 |
Toras Chesed Inc Lakewood, NJ | $1,591,221 | $3,876,581 |
Scph Legacy Corporation Cleveland, OH | $6,198,398 | $162,734 |
American Baptist Foundation East Norriton, PA | $193,005,859 | $25,268,594 |