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LIBERTY EAST REDEVELOPMENT INC

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Tax-exempt status may be revoked

LIBERTY EAST REDEVELOPMENT INC

EIN 58-1809489 · Urban & Community Economic Development (S31)

What they do

Provided Programs and Internet Access for Neighborhood Youth

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

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 leaders12 people are listed in the latest report.

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

Money made simple

106.23%of revenue went to mission work96.8% of expenses · Program services
$109.75spent for every $100 of revenueSpending was higher than revenue this year.
$0.03in assets for every $1 spent this yearSome assets cannot be spent right away.
15.6%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.

Worth asking: Expenses exceeded revenue by $4,363 this year. Ask whether that was planned or caused by a one-time event.

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$44,741
Mission workProgram services$47,527106.23% of revenue96.8% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$49,104109.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 96.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.75% of revenue
2023Expense mix: 93.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.20% of revenue
2020Expense mix: 98.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 121.26% of revenue
2017Expense mix: 98.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.60% of revenue
2016Expense mix: 93.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.97% of revenue

Money in and money out

Revenue$44,741
Expenses$49,104
Annual shortfall $4,363 Expenses were higher than revenue 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.

Mission work (program services)$47,527 · 96.8% of expenses
See all reported dollar amounts
Revenue$44,741
Expenses$49,104
Assets$1,430
Income$44,741
Contributions$7,000
Mission work (program services)$47,527
People

Leadership and board

Tax year 2024

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

See everyone listed on the board or leadership roster (12)

CLEMENT LITTLEPRESIDENT

DARLENE DILWORTHBOARD MEMBER

KATHERINE ACENASBOARD MEMBER

MALLORY OATSBOARD MEMBER

MERIDITH MARTINBOAD MEMBER

NANCY CARPENTERASST SEC/TREAS

NAOMI JONESTREASURER

REILLY BRUNSONBOARD MEMBER

TEMBILA COVINGTONBOARD MEMBER

TREVA LOYDBOARD MEMBER

TWANA ROEBUCKBOARD MEMBER

TWANDA MCCOLLUMBOARD MEMBER

About this charity

Recognized since
January 1989
Location
2531 La Deara Crest Lane, Winston Salem, NC 27105
County
Forsyth
In care of
Isiah Black JR
Primary officer
Isiah Black JR, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990EZ
Tax preparer
PRESTON SIMS & DARDEN PA
NTEE classification
Urban & Community Economic Development (S31)
IRS tax category
Urban & Community Economic Development
Revocation date
November 15, 2011

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

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