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← LIBERTAS NETWORK

Form 990 for tax year 2025

Filed by LIBERTAS NETWORK.

Totals

Total revenue
$22,958,802
Total expenses
$22,653,780
Contributions and grants received
$9,605,668
Grants paid
$50,200
Program service revenue
$13,320,222
Investment income
$10,629
Other revenue
$22,283
Total assets, end of year
$12,759,452
Total liabilities, end of year
$2,806,608
Net assets or fund balances, end of year
$9,952,844
Program services expenses (Part IX)
$19,620,785
Management and general expenses
$1,476,301
Fundraising expenses
$1,556,694
Program service expenses (Part III)
$19,620,785

Program services were 86.6% 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

    $9,605,668

  • 2a · Program service revenue: Career Support

    total $13,385 · related or exempt $13,385

  • 2b · Program service revenue: Children's Markets

    total $655,619 · related or exempt $655,619

  • 2c · Program service revenue: Education Material Sales

    total $12,491,282 · related or exempt $12,491,282

  • 2d · Program service revenue: Tuition

    total $159,936 · related or exempt $159,936

  • 3 · Investment income

    total $10,629 · excluded $10,629

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Credit Card Rewards

    total $22,283 · excluded $22,283

  • 11e · Other revenue, total

    $22,283

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $50,200 · program services $50,200

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,291,931 · program services $945,241 · management and general $70,838 · fundraising $275,852

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $2,744,271 · program services $2,007,846 · management and general $150,470 · fundraising $585,955

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $288,145 · program services $210,901 · management and general $24,534 · fundraising $52,710

  • 10 · Payroll taxes

    total $363,033 · program services $254,758 · management and general $47,233 · fundraising $61,042

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $28,850 · program services $21,456 · management and general $4,001 · fundraising $3,393

  • 11c · Fees: accounting

    total $120,648 · program services $89,727 · management and general $16,731 · fundraising $14,190

  • 11d · Fees: lobbying

    total $39,519 · program services $39,519

  • 11e · Fees: professional fundraising services

    total $15,243 · fundraising $15,243

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $2,800,740 · program services $2,094,271 · management and general $390,501 · fundraising $315,968

  • 12 · Advertising and promotion

    total $7,199,492 · program services $7,186,732 · management and general $12,443 · fundraising $317

  • 13 · Office expenses

    total $159,323 · program services $97,303 · management and general $56,984 · fundraising $5,036

  • 14 · Information technology

    total $776,545 · program services $424,796 · management and general $283,147 · fundraising $68,602

  • 15 · Royalties

    total $1,111,890 · program services $1,111,890

  • 16 · Occupancy

    total $378,067 · program services $226,958 · management and general $151,109

  • 17 · Travel

    total $402,492 · program services $278,009 · management and general $50,678 · fundraising $73,805

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $234,643 · program services $147,213 · management and general $7,666 · fundraising $79,764

  • 20 · Interest

    total $44,032 · management and general $44,032

  • 21 · Payments to affiliates

    total $22,305 · program services $22,305

  • 22 · Depreciation, depletion and amortization

    total $118,099 · management and general $118,099

  • 23 · Insurance

    total $105,835 · program services $71,097 · management and general $34,738

  • 24a · Other expenses: Printing and Publications

    total $2,686,098 · program services $2,686,098

  • 24b · Other expenses: Postage and Shipping

    total $1,459,336 · program services $1,453,878 · management and general $781 · fundraising $4,677

  • 24c · Other expenses: Merchant Fees

    total $155,918 · program services $145,644 · management and general $10,146 · fundraising $128

  • 24d · Other expenses: Miscellaneous

    total $57,125 · program services $54,943 · management and general $2,170 · fundraising $12

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,152,997 · end of year $2,520,445

  • 2 · Savings and temporary cash investments

    beginning of year $151 · end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $281,696 · end of year $452,545

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $1,295,722 · end of year $1,593,259

  • 9 · Prepaid expenses and deferred charges

    beginning of year $130,108 · end of year $227,049

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

    $599,153

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

    $246,545

  • 10c · Land, buildings and equipment, net

    beginning of year $467,710 · end of year $352,608

  • 11 · Investments: publicly traded securities

    beginning of year $444,816 · end of year $542,070

  • 12 · Investments: other securities

    beginning of year $2,377,294 · end of year $3,232,321

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $676,021

  • 15 · Other assets

    beginning of year $3,389,153 · end of year $3,163,134

  • 17 · Accounts payable and accrued expenses

    beginning of year $675,913 · end of year $561,020

  • 19 · Deferred revenue

    end of year $42,987

  • 24 · Unsecured notes and loans payable

    end of year $356,860

  • 25 · Other liabilities

    beginning of year $2,051,099 · end of year $1,845,741

  • 27 · Net assets without donor restrictions

    beginning of year $9,812,635 · end of year $9,952,844

Mission and programs · 2025

Mission

Libertas Network is a family-facing association of initiatives that change hearts, minds, and laws to create a freer future. We do this through educational materials, events, training, public policy research and education, and more.

  • Our Tuttle Twins initiative and Libertas Institute, our think tank, provides books, curricula, and more to families to teach the ideas of freedom. We also partner with lawmakers and key stakeholders to consider pro-freedom legislative reforms. Through our Action Coalition, we provide families across the country with opportunities to apply and engage with the ideas they've learned to make a difference in their communities.

    Expenses $17,481,635 · Revenue $12,490,982

  • Our Kids Market Program empowers kids ages 5 to 17 to launch a small business and learn about free enterprise.

    Expenses $1,561,173 · Grants $50,200 · Revenue $655,619

  • Our Praxis program helps young adults secure employment without a college degree upon completion of our educational bootcamp.

    Expenses $577,977 · Revenue $173,320

As filed on the 2025 return.

Listed in Part VII

  • Chad Goote

    VP of Partnersh

    Total calculated
    $257,400
    From this org
    $247,500
    From related orgs
    $0
    Other
    $9,900
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,000
    Bonus
    $43,500
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $9,900
    Filer's total
    $257,400
  • Connor Boyack

    Trustee/Pres.

    Total calculated
    $247,078
    From this org
    $237,575
    From related orgs
    $0
    Other
    $9,503
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,000
    Bonus
    $2,575
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $9,503
    Filer's total
    $247,078
  • Kenneth Lauher

    Total calculated
    $215,725
    From this org
    $208,705
    From related orgs
    $0
    Other
    $7,020
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,205
    Bonus
    $15,500
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $7,020
    Filer's total
    $215,725
  • Michael Melendez

    Exec. Vice Pres

    Total calculated
    $209,196
    From this org
    $201,150
    From related orgs
    $0
    Other
    $8,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,750
    Bonus
    $3,400
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $8,046
    Filer's total
    $209,196
  • Chad Thomas

    Tuttle Twins

    Total calculated
    $198,454
    From this org
    $198,454
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,854
    Bonus
    $1,600
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $198,454
  • Mark Cunningham

    Communications

    Total calculated
    $164,078
    From this org
    $157,901
    From related orgs
    $0
    Other
    $6,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,462
    Bonus
    $4,439
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $6,177
    Filer's total
    $164,078
  • Master Chipman

    Government Affairs

    Total calculated
    $127,124
    From this org
    $122,825
    From related orgs
    $0
    Other
    $4,299
    Hours/week
    40
  • Jorja Leavitt

    Total calculated
    $111,340
    From this org
    $108,392
    From related orgs
    $0
    Other
    $2,948
    Hours/week
    38
  • Amandah Hendricks

    Development

    Total calculated
    $101,476
    From this org
    $101,476
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Charles Rickert

    Development

    Total calculated
    $100,400
    From this org
    $100,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • John Pestana

    Board Chairman

    Total calculated
    $0
    Hours/week
    0.5
  • Andrea Golding

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Jeffrey Harmon

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Patrick Donohoe

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

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

None.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2025
Filed
24 June 2026
IRS schema version
2025v4.1
Source object
202611759349300311

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