Libertas Classical Association
Hudsonville, Michigan
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.12×
Peer Median20.77×
💰
$1.2M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$174K
Net Assets
📋
$14K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+5.4%
Year-over-year change (2022 → 2023)
Net Margin
-15.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.12
Net assets divided by total expenses
Liabilities-to-Assets
7.5%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,235,471↑5% | $1,424,189↑23% | $188,032↓49% | |
| 2022 | $1,171,703↓5% | $1,154,695↑4% | $371,468↑7% | — |
| 2021 | $1,235,636↑16% | $1,108,989↑15% | $346,446↑59% | — |
| 2020 | $1,066,313↑4% | $963,831↓14% | $218,394↑86% | — |
| 2019 | $1,024,981↓2% | $1,125,101↑19% | $117,521↓46% | — |
| 2018 | $1,043,841↑27% | $943,126↑14% | $217,641↑86% | — |
| 2017 | $823,342↑52% | $826,159↑51% | $116,926↓2% | — |
| 2016 | $541,189↑53% | $548,245↑141% | $119,743↓6% | — |
| 2015 | $354,313 | $227,514 | $126,799 | — |
Frequently Asked Questions
What does Libertas Classical Association do?▼
Libertas Classical Association is a education nonprofit organization based in Michigan. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Libertas Classical Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Libertas Classical Association.
How much revenue does Libertas Classical Association generate?▼
Libertas Classical Association reports $1.6M in annual revenue and holds $347K in total assets, based on IRS filings.