2017-09-19T12:53:53-05:00 2016-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2016-01-01 521526916 FreedomWorks Foundation Inc FREE 2027833870 400 North Capitol Street NW No 765 Washington DC 20001 Adam Brandon President 2027833870 2017-09-18 1 Nicole M Prince CPA P01315245 7038930300 2017-09-19 72.214.41.82 2017-09-19 13:48:25 ED P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2016 2021-01-29 14:40:06Z Adam Brandon 400 North Capitol Street NW No 765 Washington DC 20001 3556394 0 X www.foundation.freedomworks.org X 1989 DC We exist to engage and educate Americans across all demographics on the principles of smaller government, lower taxes, free markets, personal liberty, and the rule of law. 5 5 46 2530000 0 0 3445748 3416316 0 0 88712 76771 2742 2637 3537202 3495724 8000 0 0 0 1674611 1164600 18202 4550 303427 2570883 2367668 4271696 3536818 -734494 -41094 1791610 2864484 1512000 2653230 279610 211254 X FreedomWorks Foundation improves the well-being of American consumers through the promotion and support of economic education. FreedomWorks Foundation advances the ideas of lower taxes, less government and more freedom by educating and training citizens. 0 0 1011617 Public Education: Use of various media, including mail, email, and other means to educate the public about limited government. 373406 Strategic Planning & Research: Development of strategic research and planning promoting consumer-focused economic policies in U.S. and international economic markets including, regulatory policy, fiscal policy, health care policy, tax policy, energy, environmental policies and other mission-related issues. 676386 Grassroots mobilization: Instruct donors and activists on reform of federal state policies in areas such as tax policy, fiscal policy, health care policy, energy and environmental policies, education and other mission-related issues. 531936 Public Affairs: Promoting interest in the Foundation's public policy research and education through media advisories, TV and radio interviews, op-ed columns, blogging, social networking, paid advertising, and networking platform for interested donors and activists of the public. The Regulatory Action Center (RAC) educates citizens about the importance of engaging in the administrative, regulatory process by alerting citizens to proposed government executive agency regulations, and a mechanism for filing comments with the proposing agencies, as part of the exempt purpose and mission to limit government regulation of the American people. 531936 2593345 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 9 0 1 46 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CO CT DC FL GA IL KS KY ME MD MA MI MN NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI HI MS NV X The Organization 2027833870 400 North Capitol Street NW Suite Washington DC 20001 Paul Beckner Board Chair 1.00 1.00 X X 0 0 0 Joan Carter Board Member 1.00 1.00 X 0 0 0 Robert TE Lansing Board Member 1.00 1.00 X 0 0 0 Ted Abram Board Member 1.00 1.00 X 0 0 0 Michael Darland Board Member 1.00 X 0 0 0 Adam Brandon President 20.00 20.00 X 149044 149044 15190 Wayne T Brough Chief Economist and VP of Research 20.00 20.00 X 73850 73850 24140 Parissa Sedghi Director of Development 20.00 20.00 X 62382 62382 11102 John F Campbell VP of Marketing 20.00 20.00 X 84535 84535 14212 Andrew C Smith VP of Technology & Analysis 20.00 20.00 X 74118 74118 26320 443929 443929 90964 1 0 1 0 Rebecca Hagelin Communications & Marketi 15001 Gasparilla Rd Placida FL 33946 Advertising Services 203997 Facebook 1 Hacker Way Menlo Park CA 94025 Advertising services 105663 2 3416316 3416316 76771 76771 60670 60670 0 0 Other income 900099 2637 2637 2637 3495724 2637 0 76771 X 242586 211046 1188 30352 846421 736374 4144 105903 1588 1381 8 199 12774 11113 63 1598 61231 53270 300 7661 142398 135226 324 6848 146365 124490 987 20888 4550 4550 388911 361444 341 27126 231781 231547 11 223 160832 94671 681 65480 290356 283936 376 6044 245813 245813 233038 216589 518 15931 62907 61495 4 1408 379738 379738 34878 30075 217 4586 Dues and registrations 50339 40439 5302 4598 Miscellaneous 312 249 31 32 3536818 2593345 640046 303427 708883 450206 150000 4341 29264 517430 490168 560956 1744846 1791610 2864484 153230 12000 1500000 2500000 1512000 2653230 X -237820 -278914 517430 490168 279610 211254 1791610 2864484 -41094 -27262 0 X X 0 1 X 1 0 X 7591954 5428534 5890283 3445748 3416316 25772835 7591954 5428534 5890283 3445748 3416316 25772835 3630287 22142548 1 31822 29388 143567 137441 342219 1809 2175 1370 1905 2637 9896 26124950 0.84760 0.84360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Private equity, restricted use 490168 F 490168 Due from related entity 1742899 Deposits 1947 1744846 X 3529132 -27262 -27262 3556394 -60670 -60670 3495724 3597488 60670 60670 3536818 0 3536818 Part X, Line 2: Management has evaluated the Foundation's tax positions and has concluded that the Foundation has taken no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements. Part XI, Line 4b - Other Adjustments: Rental expenses -60,670. Part XII, Line 2d - Other Adjustments: Rental expenses 60,670. 1 X X X X X 0 0 0 0 0 0 0 0 0 Adam Brandon President 149044 149044 0 0 0 0 3719 3719 3876 3876 156639 156639 0 0 Wayne T Brough Chief Economist and VP of Research 73850 73850 0 0 0 0 2469 2469 9601 9601 85920 85920 0 0 John F Campbell VP of Marketing 84535 84535 0 0 0 0 3400 3400 3706 3706 91641 91641 0 0 Andrew C Smith VP of Technology & Analysis 74118 74118 0 0 0 0 2992 2992 10168 10168 87278 87278 0 0 Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and draft copy is provided to Foundation senior staff, outside general counsel and all board members for review. All comments after reviews are compiled and discussed with CPA firm for editing. After edits are made, final version of Form 990 is provided to the President, Treasurer, and Management Committee for final review. Once reviewed, the President is provided the final 990 for signature and filing. Form 990, Part VI, Section B, line 12c Governance and Ethics Policy is reviewed and adopted annually by the Board of Directors and employees. Board of directors and employees shall disclose annually to the Secretary any direct conflict between their own individual interests and those of FreedomWorks Foundation. If such a conflict does exist, the director or employee shall provide the Secretary written notice of such relationship and shall refrain from acting on any issue with respect to which the director or employee is conflicted. Form 990, Part VI, Section B, line 15 The process includes completion of an independent compensation study on a periodic basis, based on a compilation of competitive data representing similar organizations. This information is then presented to the compensation committee at a semi-annual Board meeting to discuss and vote on. This process includes compensation for the President or any person deemed a disqualified person under Internal Revenue Code Section 4958. The process for determining compensation of other officers or key employees of the organization is determined by the President. Form 990, Part VI, Section C, line 18 FreedomWorks Foundation makes its Form 1023 available upon request. FreedomWorks Foundation makes available a public disclosure copy of its Federal Form 990 upon request and it is available on Guidestar. Form 990, Part VI, Section C, line 19 FreedomWorks Foundation makes its governing documents, certain policies (including conflict of interest policy) and financial statements available upon request based on discretion of management. Form 990, Part IX, line 11g Consulting: Program service expenses 361,444. Management and general expenses 341. Fundraising expenses 27,126. Total expenses 388,911. Form 990, Part XII, Line 2C: FreedomWorks Foundation has an audit commmittee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. FreedomWorks Inc 400 North Capitol Street NW 765 Washington DC 20001 521349353 See Schedule R, Part VII for full description. DC 501(c)(4) N/A 0 The FreedomWorks Fund 400 North Capitol Street NW 765 Washington DC 20001 201381918 Dormant DC 527 FreedomWorks 0 Citizens for a Sound Economy Inc 400 North Capitol Street NW 765 Washington DC 20001 202810833 Dormant DC FreedomWorks C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 FreedomWorks Inc M 270145 Tracked directly FreedomWorks Inc N 686218 Tracked directly FreedomWorks Inc P 17059 Tracked directly FreedomWorks Inc O 1165687 Allocated based on employee time Schedule R, Part II: (a) Freedomworks, Inc. (b) Exists to build, educate, and mobilize the largest network of activists advocating the principles of smaller government, lower taxes, free markets, personal liberty, and the rule of law.