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.
-
Childrens Entrepreneur Market LLC
Operate community events and provide education · UT · income $1,061,687 · assets $188,805
Directly controlled by Yes
-
Alternative education · DE · income $173,893 · assets $521,805
Directly controlled by Yes
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 24 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611759349300311
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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