LNC FEC Report Covering January

Last updated on February 23, 2025

Total receipts were $1,126,151. Of this $1,061,672 was due to the Kennedy fund and $64,479 were normal donations.
Total disbursements were $1,102,756. Of this, $92,691 was the non-Kennedy spending. That’s (round number) $28K more than non-Kennedy income.
Cash on hand at the end of the month was $487,852.
Debt at the end of the month was $75,662.

The normal income:
$14,153 in donations itemized as coming from individuals.
$50,326 in unitemized donations from individuals

The other income
$68,298 from party committees, e.g., State Committees
$23,244 from PACs and other committees
$969,992 in transfers from affiliated committees (the Kennedy Victory Fund).

The LNC received as part of the Kennedy Joint Fundraiser
$61,560 from the LP of Nebraska
$61,560 from the LP of Georgia
$61,560 from the LP of California
$48,339 from the LP of Montana
$37,593 from the LP of Colorado
$22,167 from the LP of Hawaii
$22,167 from the LP of Connecticut
$22,167 from the LP of Michigan
$22,038 from the Free New Mexico Party
$19,089 from the United Libertarians of Massachusetts
$15,000 from the American Indepentent Party of California
$15,000 from the Libertarian mutual Aid PAC
$8244 from the Mises PAC
These numbers are also included in the general totals.

Spending:

We have employees:
We paid employees Buchovich, Gargon, Herha, Kennedy, and Poole, in a month with three pay periods, $26,757.
PayChexFlex was paid $3450 as its payroll fee.
Social Security was $2744.
Carefirst BlueChoice health insurance cost $2501.
PayChexFlex received $2122 for LP401K contributions and match.
Federal unemployment and withholding came to $1799
PA Department of Revenue received $675
Medicare came to $642.

There is an office building and remote support
Software, hardware, and other IT came to $2266.
Dominion Power was $1258.
Historical Preservation cost $770.
Telephone and data services, including AT&T, ComCast, and Zoom, came to $433.
Trimark was paid $214 for cleaning.

We have consultants and the like:

Michael Heiss was paid $3600 for outreach.
Fox Rothschild of Philadelphia received $9211 as a legal expense.
All in One Accounting – $6202
$4497 went for website report.
$2217 went to Ross for Outreach.

Mountaintop Creative received $2100 for Graphic Design
Paula Edwards, FEC Consultant, $2000.
James Brian, Fundraising, $1500
Octillo Law received $886 for Legal-General
Arctic Wolf Network received $557 for Legal
Other accountants received $543.

We do fundraising:
Freedom Calls was paid $4000.
Postal expenses were $4193.
In Miles Press – $2019 for ballot access fundraising.
Printful/Printify – $575 for fundraising material for resale.
Kixie – $100 for general expenses.

Bank fees and credit card payments came to $12,591.
Other expenses and bank fees to BB&T Truist and PNC Bank came to $1207.

We support candidates
Voter Gravity received $3000.
Outreach and Activism Expenses were $283.
State affiliates in Alaska, California, New Mexico, and Virginia received $171.

Payments to state organizations were dominated to $73,665 to the Libertarian Party of Idaho as a contribution refund.

DEBT
There is credit card debt.
There was debt of $4000 to Freedom Calls, which was paid.
The convention debt was paid down to $0.67.

The LNC Form F for January discloses $1,142,316 in Kennedy expenses. These include
$423,235 to Gavin de Becker and Associates for Security
$99,748 to Printful for fundraising merchandise
$88,002 to Google for display ads and software
$74,648 for Facebook ads
$73,665 to the LP of Idaho
$21,000 to Starlight Saint for advertising
$18,000 to NationBuilder.
$12,000 to Entrance Group for marketing software
$10,000 each for a Director of Technology and a Director of Merchandising.