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LIBERTY ECONOMIC DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

LIBERTY ECONOMIC DEVELOPMENT CORPORATION

EIN 20-2172998 · Chambers of Commerce & Business Leagues (S41)

What they do

INCREASE ECONOMIC DEVELOPMENT IN CLAY COUNTY MISSOURI and LIBERTY MISSOURI IN PARTICULAR

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

8.07%of revenue went to fundraising8.3% of expenses
$97.15spent for every $100 of revenueRevenue covered expenses this year.
10.48%of revenue went to management and office costs10.8% of expenses
$0.37in assets for every $1 spent this yearSome assets cannot be spent right away.
98.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$202,861
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$21,25010.48% of revenue10.8% of expenses
FundraisingAsking for donations$16,3748.07% of revenue8.3% of expenses
Revenue left after expensesReported annual surplus$5,7762.85% of revenueShown in gray on the chart
Total expenses$197,08597.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 0.0% mission · 10.8% management · 8.3% fundraisingTotal expenses: 97.15% of revenue
2023Expense mix: 0.0% mission · 10.2% management · 7.6% fundraisingTotal expenses: 105.90% of revenue

Money in and money out

Revenue$202,861
Expenses$197,085
Annual surplus $5,776 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$21,250 · 10.8% of expenses
Fundraising$16,374 · 8.3% of expenses
See all reported dollar amounts
Revenue$202,861
Expenses$197,085
Assets$73,398
Income$202,861
Contributions$200,565
Fundraising$16,374
Management and general$21,250
Accounting fees$5,030
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (25)

GREG CANUTESONDIRECTOR

WALTER HOLTDIRECTOR

TONY REINHARTDIRECTOR

SHANE DAVOLTDIRECTOR

MICHAEL VANBUSKIRKDIRECTOR

MATT FORTIERTREASURER

MARK HARDINGDIRECTOR

KRISTIE GRIBBLEDIRECTOR

KENT PETERSONCHAIRMAN

JOHN FISHERDIRECTOR

JIM RUCKERSECRETARY

INA CAVINDIRECTOR

GREG CROWLEYPAST CHAIRMA

AUSTIN FEEDIRECTOR

GERALD WICKLUNDDIRECTOR

GAYLE POTTERDIRECTOR

ELLEN TODDDIRECTOR

DR RAGHU ADIGADIRECTOR

DR JEREMY TUCKERDIRECTOR

DR ELIZABETH MACLEOD WALLSDIRECTOR

DEREK SCHOENBERGDIRECTOR

DENNIS MCINTIREVICE CHAIRMA

DAN HEGEMANDIRECTOR

CURT WENSONDIRECTOR

BRANDON SMITHDIRECTOR

About this charity

Recognized since
January 2005
Location
5 VICTORY LN SUITE 103, LIBERTY, MO 64068
County
Clay
In care of
RALPH BOOTS
Primary officer
RALPH BOOTS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
FROESCHL CPAS & ADVISORS
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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