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← STUDENTS FOR LIBERTY INCORPORATED

Form 990 for tax year 2022

Filed by STUDENTS FOR LIBERTY INCORPORATED.

Totals

Total revenue
$5,747,299
Total expenses
$5,790,354
Contributions and grants received
$5,628,144
Grants paid
$123,941
Program service revenue
$14,917
Investment income
$90,987
Other revenue
$13,251
Total assets, end of year
$5,163,272
Total liabilities, end of year
$217,469
Net assets or fund balances, end of year
$4,945,803
Program services expenses (Part IX)
$4,691,813
Management and general expenses
$553,278
Fundraising expenses
$545,263
Program service expenses (Part III)
$4,691,813

Program services were 81.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,628,144

  • 1g · Noncash contributions included above

    $20,993

  • 2a · Program service revenue: REGISTRATION FEES

    total $14,917 · related or exempt $14,917

  • 3 · Investment income

    total $90,100 · excluded $90,100

  • 7a · Gross sales of assets other than inventory

    securities $21,880

  • 7b · Less cost or other basis and sales expenses

    securities $20,993

  • 7c · Gain or loss

    securities $887

  • 7d · Net gain or loss

    total $887 · related or exempt $887

  • 11a · Other revenue: ADVERTISING REVENUE

    total $13,251 · unrelated business $13,251

  • 11e · Other revenue, total

    $13,251

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $123,941 · program services $123,941

  • 5 · Compensation of officers, directors and key employees

    total $358,998 · program services $176,879 · management and general $123,967 · fundraising $58,152

  • 7 · Other salaries and wages

    total $1,027,584 · program services $653,786 · management and general $6,066 · fundraising $367,732

  • 9 · Other employee benefits

    total $49,341 · management and general $49,341

  • 10 · Payroll taxes

    total $99,533 · program services $60,027 · management and general $9,428 · fundraising $30,078

  • 11b · Fees: legal

    total $5,174 · management and general $5,174

  • 11c · Fees: accounting

    total $11,120 · management and general $11,120

  • 11e · Fees: professional fundraising services

    total $34,750 · fundraising $34,750

  • 11g · Fees: other

    total $1,933,154 · program services $1,839,841 · management and general $76,227 · fundraising $17,086

  • 12 · Advertising and promotion

    total $152,873 · program services $150,574 · management and general $1,936 · fundraising $363

  • 13 · Office expenses

    total $23,057 · program services $7,433 · management and general $15,191 · fundraising $433

  • 14 · Information technology

    total $6,879 · program services $6,879

  • 17 · Travel

    total $928,451 · program services $802,447 · management and general $103,907 · fundraising $22,097

  • 19 · Conferences, conventions and meetings

    total $679,812 · program services $640,932 · management and general $32,389 · fundraising $6,491

  • 22 · Depreciation, depletion and amortization

    total $367 · management and general $367

  • 23 · Insurance

    total $7,903 · management and general $7,903

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $174,658 · program services $118,049 · management and general $50,894 · fundraising $5,715

  • 24b · Other expenses: PRINTING

    total $58,908 · program services $56,514 · management and general $585 · fundraising $1,809

  • 24c · Other expenses: BANK FEES

    total $31,287 · program services $829 · management and general $30,458

  • 24d · Other expenses: VIDEO PRODUCTION

    total $31,246 · program services $31,246

  • 24e · All other expenses

    total $51,318 · program services $22,436 · management and general $28,325 · fundraising $557

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $297,139 · end of year $227,798

  • 2 · Savings and temporary cash investments

    beginning of year $1,095 · end of year $4,096

  • 3 · Pledges and grants receivable

    beginning of year $2,051,747 · end of year $1,611,268

  • 9 · Prepaid expenses and deferred charges

    beginning of year $115,921 · end of year $157,934

  • 10a · Land, buildings and equipment: cost or other basis

    $11,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $367

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $10,633

  • 11 · Investments: publicly traded securities

    beginning of year $2,725,398 · end of year $3,137,477

  • 15 · Other assets

    beginning of year $6,332 · end of year $14,066

  • 17 · Accounts payable and accrued expenses

    beginning of year $199,994 · end of year $217,469

  • 27 · Net assets without donor restrictions

    beginning of year $1,983,479 · end of year $1,464,612

  • 28 · Net assets with donor restrictions

    beginning of year $3,014,159 · end of year $3,481,191

Mission and programs · 2022

Mission

TO EDUCATE, DEVELOP, AND EMPOWER THE NEXT GENERATION OF LEADERS OF LIBERTY.

  • LEADERSHIP PROGRAMS - SFL'S EMPHASIS ON LEADERSHIP DEVELOPMENT HAS BEEN THE KEY TO THE ORGANIZATION'S SUCCESS OVER THE YEARS. SFL TEACHES YOUNG PEOPLE ENTREPRENEURSHIP, EVENT PLANNING, VOLUNTEER MANAGEMENT, EFFECTIVE WRITING, PUBLIC SPEAKING AND OTHER SKILLS THAT THEY CAN USE THROUGHOUT THEIR LIVES AND GIVES THEM EXPERIENCE APPLYING THESE SKILLS IN BUILDING THE STUDENT MOVEMENT FOR LIBERTY. SFL CONDUCTED TRAININGS FOR 6,319 STUDENT VOLUNTEER PARTICIPANTS THAT ENGAGE WITH THOUSANDS OF STUDENT GROUPS ACROSS THE WORLD DURING FY23.

    Expenses $1,433,088 · Grants $123,941

  • CONFERENCES-SFL CONFERENCES SERVE MANY PURPOSES INCLUDING GIVING STUDENTS EXPERIENCE IN ORGANIZING AND NETWORKING. THE MAIN FOCUS OF EVERY CONFERENCE SCHEDULE IS ON EDUCATION. EVERY CONFERENCE COVERS BOTH INTRODUCTORY AND ADVANCED MATERIAL FOR STUDENTS TO LEARN ABOUT PRO-LIBERTY IDEAS AT EVERY LEVEL. SFL RAN 2,593 CONFERENCES/EVENTS FOR OVER 159,411 ATTENDEES IN FY23.

    Expenses $1,327,584

  • ACADEMIC PROGRAMS & LEARN LIBERTY-SFL PROVIDES IN PERSON AND ONLINE EDUCATIONAL TRAININGS TO ITS STUDENT VOLUNTEERS AND A WIDER AUDIENCE OF INTERESTED STUDENTS. SFL ALSO RUNS THE LEARN LIBERTY YOUTUBE CHANNEL WITH OVER 55M VIEWS AND OVER 293,000 SUBSCRIBERS. LEARN LIBERTY IS OUR RESOURCE FOR EXPLORING THE IDEAS OF A FREE SOCIETY. WE TACKLE BIG QUESTIONS ABOUT WHAT MAKES SOCIETY FREE OR PROSPEROUS AND HOW WE CAN IMPROVE THE WORLD WE LIVE IN.

    Expenses $368,944

  • OTHER PROGRAMS: INCLUDES MARKETING, COMMUNICATIONS, TECH/WEB AND DESIGN EXPENSES FOR HANDOUTS, WEBSITES AND MARKETING SFL'S MISSION AND SUCCESSES.

    Expenses $1,562,197

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sloane Frost

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    6

  • Sam Eckman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Mackey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Katherine Mangu-Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Liya Palagashvili

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Wayne Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Alexander McCobin

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dan Grossman

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Dr Wolf Von Laer

    CHIEF EXEC. OFFICER

    Total calculated
    $224,009
    From this org
    $224,009
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,009
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $224,009

  • Joshua Murdock

    DIRECTOR OF FINANCE

    Total calculated
    $103,838
    From this org
    $103,838
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kenneth Wagner

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $181,317
    From this org
    $181,317
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,317
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $181,317

  • Robyn Harberger

    SR DIRECTOR OF CREATIVE OPERATIONS

    Total calculated
    $111,541
    From this org
    $111,541
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 March 2024
IRS schema version
2022v5.0
Source object
202440749349301914

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