Live Like Liam of Iberia
Public records show a registered, tax-exempt organization in good standing.
What it says it does
LIVE LIKE LIAM OF IBERIA, INC. WAS CREATED WITH THE SOLE CHARITABLE PURPOSE TO HELP IMPROVE THE LIVES OF YOUTH WITH AN EMPHASIS ON THOSE RESIDING IN IBERIA PARISH BY PROVIDING SCHOLARSHIPS AND DONATIONS TO NON-PROFIT ORGANIZATIONS, SCHOOLS, AND INDIVIDUALS. OFTEN, NON-PROFIT ORGANIZATIONS ARE UNDERFUNDED WHICH CAN LIMIT THEIR OUTREACH IN LOCAL COMMUNITIES. SIMILARLY, INDIGENT STUDENTS MAY NOT BE ABLE TO ACCESS ATHLETIC, EDUCATIONAL OR EXTRACURRICULAR RESOURCES BECAUSE OF A LACK OF AVAILABLE FUNDS. BY PROVIDING DONATIONS TO THESE ORGANIZATIONS, SCHOOLS, AND STUDENTS, LIVE LIKE LIAM OF IBERIA INC HOPES TO INCREASE THE OPPORTUNITIES THAT LOCAL YOUTH HAVE TO EXPERIENCE EDUCATION AND ACTIVITIES THAT ALLOW THEM TO BECOME THRIVING ADULTS.
- Income
- $137,010
- Spending
- $101,574
- Spent on programs
- 94%
- Reserves
- 30.6 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 0
- Volunteers
- 115
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (youth development, under $250k).
Reserves
35 of 35Spendable reserves would cover 30.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 42% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 54 out of 100. Higher than 42% of charities in its peer group (youth development, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $95,799 spent. LIVE LIKE LIAM OF IBERIA PROVIDED TUITION ASSISTANCE, FUNDS FOR SCHOOL SUPPLIES AND EQUIPMENT, AND EXTRACURRICULAR ACTIVITIES SUPPORT TO LOCAL SCHOOLS. IN ADDITION, LIVE LIKE LIAM OF IBERIA PROVIDED FUNDS TO OTHER LOCAL NON-PROFIT ORGANIZATIONS THAT SUPPORT YOUTH AND YOUNG ADULTS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.