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  • 7/23/2019 FreedomWorks Inc 521349353 2005 0263603DSearchable

    1/18

    Form

    99

    Department of the Treasury

    Internal Revenue Service

    ..

    Return of Organization Exempt From Income Tax

    Undersection501(c),527, or 4947(a)(1) f the InternalRevenueCode exceptblack ung

    benefit rust or private oundation)

    Theorgamzat1onayhave o usea copyof this return o satisfy tate eporting equirements.

    A For he 2005calendar ear or tax year beginning

    and ending

    OMS No

    1545-0047

    2 5

    Open o Public

    Inspection

    B

    Check If

    Please

    C Name f orgamzat1on

    D Employerdentification umber

    applicable

    use IRS

    DAddress

    label or

    FreedomWorks Inc.

    52-1349353

    hange

    print or

    DName

    type

    Number ndstreet or P.O.box 1fma1l snot deliveredo streetaddress)

    I

    oom/suite

    E Telephone umber

    hange

    See

    01n1t1al

    Specific

    1775 Pennsvlvania Avenue

    NW

    1100 202-783-3870

    eturn

    OF1nal

    lnstruc

    Cityor town,stateor country,andZIP+4

    F

    AccounUngetllod

    D

    Cash

    [xJ

    Accrua

    re um

    t1ons

    DAmended

    Washinaton DC 20006

    D Other

    return

    (specify)

    DApphcat1on

    Section501(c)(3)organizations nd4947(a)(1)nonexempt haritable rusts

    Hand

    I

    are not applicable to section 527 organizations.

    ending

    mustattacha completedScheduleA (Form990 or 990-EZ).

    H(a) Is his a group eturn or afflhates?

    Dves CxJN

    G

    Website:www.

    reedomworks. ora

    H(b) If "Yes,'enternumberof aff1hates~

    NLA

    J

    Organizationype

    (checknly ne)~

    [x] 501(c)

    4

    ) ..... Qnsertno) D 4947(a)(1) r D 527 H(c) Areall afflhatesncluded?

    N/A

    Dves

    0No

    K

    Check ere D 1f he orgamzat1on'sross eceipts re normally ot more han$25,000. he

    (If "No,'attacha hst.)

    H(d) Is this a separateeturn liedby an or-

    orgamzat1oneednot lle a returnwith he IRS;but 1f he orgamzat1onhooseso I lle a return,be

    gamzat1onovered y a group uling?

    Dves

    CxJN

    sure o Ille a complete eturn.Somestates equirea complete eturn.

    I

    GroupExemot1onumber

    NIA

    M

    Check~ D 1f he orgamzat1ons ot requiredo atta

    l

    Gross eceipts: dd mes6b, Bb,9b, and 10b o lme 12

    4 925 691.

    Sch.B (Form990,990-EZ, r 990-PF).

    IPart 11Revenue, Expenses, and Changes in Net Assets or Fund Balances

    1 Contributions, ifts,grants, nd s1m1larmounts eceived:

    a

    Directpublicsupport

    1a

    4.556.366.

    b

    Indirectpublicsupport 1b

    c

    Governmentontributionsgrants)

    1c

    d

    Total (add mes1a hrough1c) (cash$

    4i556i366.

    noncash

    )

    1d

    4 556 366.

    2

    Program ervice evenuemcludmg overnmenteesandcontracts from PartVII, me93)

    2

    3

    Membership uesandassessments

    3

    4

    Interest n savings nd emporary ash nvestments 4

    1

    117.

    5

    D1v1dendsnd nterest rom securities

    5

    6 a

    Gross ents

    See

    Statement 1

    I 6a I

    116.860.

    b

    Less: entalexpenses

    6b

    c

    Net ental ncomeor (loss) subtract me6b from me6a)

    6c

    116 860.

    GI

    7

    Other nvestmentncome describe

    )

    7

    :::,

    8 a

    Gross mount rom salesof assets ther IAl Securities IBl Other

    than nventory

    Ba

    I

    cc

    b

    Less:cost or otherbasisandsalesexpenses

    Bb

    Ji

    c

    Gam r (loss) attach chedule)

    Be

    0

    d

    Netgamor (loss) combinemeBe,columns A) and B))

    Bd

    9

    Special vents ndact1v1t1esattach chedule).f anyamount1s romgaming, heckhere D

    a

    Gross evenuenot mcludmg of contributions

    m

    reported n ine 1a)

    I 9a I

    0

    b

    Less:directexpenses ther han undra1smgxpenses

    9b

    c

    Net ncomeor (loss) rom special vents subtract ine9b from me9a)

    9c

    6

    I1oa I

    r'

    10 a

    Gross alesof inventory,ess eturnsandallowances

    I)=[>

    b

    Less:cost of goodssold

    10b

    c Grossprofitor (loss) rom salesof inventory attach chedule)subtractme10b rom ine 10a) 10c

    11

    Other evenue from PartVII, me 103)

    11

    251.348.

    12

    Total revenue add Imes1d 2 3 4 5 6c 7 Bd 9c. 10c and 11)

    12 4.925 691.

    -

    13

    Program ervices from me44, column B))

    13

    2.860 452.

    Cl)

    319 585.

    I

    14

    Managementndgeneral from me44, column C))

    14

    l)

    RECEIVED

    15

    Fundra1smgfrom ine44, column D))

    468.585.

    I

    15

    Q.

    .)

    16

    Paymentso aff1hatesattach chedule)

    16

    MAY i1b O\

    ;nt c

    (/)

    17

    Total exoensesadd Imes16and 44 column Al\

    :: 0 17

    3.648 622.

    18

    Excess r (deficit) or theyear subtract me 17 rom me 12)

    -

    --

    '

    1 277.069.

    8

    Cl)

    ti

    331

    251.

    ;G>

    19

    Netassets r fund balances t begmnmg f year from me73, columr (A))

    OGDEN, UT

    e;

    19

    z:

    20

    Other hangesm netassets r fund balancesattach xplanation)

    20 o

    21

    Netassets r fund balances t endof year combine mes18, 19,and20)

    21

    1

    608 320.

    6~~3f-16HA For PrivacyAct andPaperworkReductionAct Notice,see he separate nstructions. Form990 (200

    1

    739466 FreedomWorks 2005.05050 FreedomWorks, Inc.

    FREEDOMl

  • 7/23/2019 FreedomWorks Inc 521349353 2005 0263603DSearchable

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    I}

    Form 990 2o'os

    FreedomWorks Inc. 52-1349353

    Pa

    e2

    Part II Statement of

    Functional Expenses

    All orgamzat1ons ust complete olumn A). Columns B), (C),and (D) are required or section501(c)(3)

    and (4) orgamzat1onsnd section4947(a)(1)nonexempt haritablerusts but optional or others.

    o not include amounts reported on /me

    (A) Total

    (B)

    Program

    (C) Management

    (D) Fundra1sing

    6b Bb 9b 10b or 16 of Part I

    services and general

    22

    Grants and allocations (attach schedule)

    (cash $ 0 noncash $

    0.

    If this amount includes foreign grants, check here ..... D

    22

    23

    Spec1f1c ssistance to 1nd1v1dualsattach

    schedule)

    ..

    23

    24

    Benefits paid to or for members (attach

    schedule)

    24

    25

    Compensation of officers, directors, etc.* *

    25

    293.412.

    169.265. 59.023. 65

    124.

    26

    Other salaries and wages 26

    484.073.

    366.923. 75.730.

    41. 420.

    27

    Pension plan contnbut1ons

    27

    28

    Other employee benefits

    28

    51.856.

    33.090. 10.412.

    8.354.

    29

    Payroll taxes

    29

    47.283. 30.874. 9.160. 7 249.

    30

    Professional fundra1s1ngees

    30

    171 200. 171 200.

    31

    Accounting fees

    31

    62 571.

    4

    428.

    58

    143.

    32

    Legal fees

    32

    5 515.

    5.515.

    33

    Supplies 33

    9 363.

    3

    745.

    5 115. 503.

    34

    Telephone

    34 37 315. 26

    575.

    6 577. 4 163.

    35 Postage and shipping 35

    19 601. 12 315. 1 049. 6 237.

    36

    Occupancy

    36

    236 971.

    155

    098. 45 427. 36 446.

    37

    Equipment rental and maintenance

    37

    21 910.

    14

    396. 4 169. 3 345.

    38

    Printing and pubhcat1ons

    38

    44

    303. 30

    025.

    27.

    14 251.

    39

    Travel

    39 190.922. 179

    443.

    601.

    10

    878.

    40

    Conferences, conventions, and meetings

    40

    30

    179.

    27

    613. 2

    566.

    41

    Interest

    41

    42

    Deprec1at1on, epletion, etc (attachschedule)

    42

    24 889.

    16

    290. 4 771.

    3

    828.

    43

    Other expenses not covered above (1tem1ze).

    a 43a

    b 43b

    c

    43c

    d 43d

    e

    43e

    f

    431

    g

    See Statement 2 43a 1.917.259. 1.784.857.

    39.381. 93 021.

    44 Total functional expenses. Add lines

    22

    through

    43.

    (Organizations completing

    columns (B)(D),carry these totals to Imes

    13-15)

    44

    3.648 622. 2.860 452. 319 585. 468 585.

    Joint Costs. Check .....

    D

    1fyou are following SOP

    982.

    Are any Joint osts rom a combinededucational ampaign nd undra1singohc1tat1oneported n (B) Programservices? ....

    D

    Yes

    [xJ

    No

    If-Yes, enter i) the aggregate mountof theseJoint osts$ N /A ;

    (ii)

    the amountallocated o Programservices __ ---=-N'-'/....,A=---

    {iiil

    the amountallocated o Management nd general$

    N /A :

    and

    {iv)

    the amountallocated o Fundra1sing

    N /A

    523011

    02-03-06

    **

    See Statement 3

    2

    739466 FreedomWorks 2005.05050 FreedomWorks, Inc.

    Form990 (200

    FREEDOMl

  • 7/23/2019 FreedomWorks Inc 521349353 2005 0263603DSearchable

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    ,,

    ..

    Form 990

    2dos

    FreedomWorks Inc.

    52-1349353

    Pa

    e3

    Part Ill Statement of Program Service Accomplishments

    See the mstruct,ons.)

    Form 990 1savailable for public inspection and, for some people, serves as the pnmary or sole source of information about a particular organization.

    How the public perceives an organization 1nsuch cases may be determined by the 1nformat1onpresented on its return. Therefore, please make sure th

    return 1scomplete and accurate and fully descnbes, 1nPart Ill, the

    organization s programs and accomplishments.

    What 1s he organization s primary exempt purpose? See Statement 4

    All organizations must describe their exempt purpose achievements 1na clear and concise manner. State the number of

    chants served, publications issued, etc Discuss achievements that are not measurable. (Section 501 (c)(3) and (4)

    organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others)

    a

    Federal and State Camoaians:

    Advocacv research and

    education

    on reformino Federal and state oolicies in areas

    such as

    taxation

    social

    securitv. soendina oolicv

    litioation

    reform and other related issues.

    (Grants and allocations

    $

    l

    If this amount includes fore1an arants check here

    D

    b

    Public Affairs:

    Advocacv

    research and education on how

    reducina Federal reaulations will imorove the economv bv

    disseminatino

    information

    throuqh orint.

    broadcast media. ana

    on-line education.

    (Grants and allocations

    $

    l

    If this amount includes fore1an orants check here

    D

    c

    Other Proarams: Various oroarams

    aimed

    at oromotina

    consumer-focused economic oolicies throuah education and

    research

    in

    both domestic and international economic markets.

    (Grants and allocations $

    l

    If this amount includes fore1an a rants check here

    d

    (Grants and allocations

    $

    l

    If this amount includes fore1an orants check here

    e Other program services (attach schedule)

    (Grants and allocations

    $

    l

    If this amount includes fore1an orants check here

    f

    Total of Program Service Expenses (should equal hne 44, column (B), Program services)

    523021

    02-03-06

    739466 FreedomWorks

    3

    2005.05050 FreedomWorks, Inc.

    D

    D

    D

    Program ervice

    Expenses

    (Required or 501(c)(3

    and (4)orgs., and

    4947(a)(1)

    rusts; but

    optional or others.)

    2.739

    839

    56.530.

    64 083.

    2,860,452.

    Form

    990

    (200

    FREEDOM

  • 7/23/2019 FreedomWorks Inc 521349353 2005 0263603DSearchable

    4/18

    Form 990 (2d05)

    FreedomWorks

    Inc.

    I Part IV

    I

    Balance Sheets See the mstruct,ons.)

    Note: Where reqwred, attached schedules and amounts w1thm he descnpt1on column

    should be for end-of-year amounts only.

    45

    Cash non-interest-beanng

    46

    Savings and temporary cash investments

    47 a

    Accounts receivable 47a

    473.488.

    b Less: allowance for doubtful accounts 47b

    48 a

    Pledges receivable

    48a

    b

    Less: allowance for doubtful accounts

    48b

    49

    Grants receivable

    50

    Receivables from officers, directors, trustees,

    and key employees

    I 51a I

    ll

    ..

    1 a

    Other notes and loans receivable

    l)

    Ill

    Ill

    b

    Less: allowance for doubtful accounts 51b