freedomworks inc 521349353 2007 0411a9cbsearchable

7/23/2019 FreedomWorks Inc 521349353 2007 0411A9CBSearchable

1/14

.,

Form 99

J

Department

f

theTreasury

Internal Revenue Service

Return of Organization Exempt From Income Tax

Undersection 501(c), 527, or 4947(a)(1)of the Internal RevenueCode except black ung

benefit rust or private oundation)

.... The organizationmay have o use a copy of this return o satisfystate eporting equirements.

A For he 2007 calendar year, or tax year beginning

and ending

OMB No 1545-0047

2 7

Open o Public

Inspection

B Check

1

Please

C Nameof organization

D Employer dentification number

applicable

use RS

DAddress

label r

FreedomWorks

Inc. 52-1349353

hange

print or

oName type

Numberand street or P.O.box 11ma1l snot deliveredo streetaddress)

LJ,

oom/suite E Telephonenumber

hange

See

01nit1al

Specific

01 Pennsvlvania Avenue. NW. N. Buildin 700 202-783-3870

eturn

orerm1r,-

lnstruc-

at1on

lions

Cityor town, stateor country,and ZIP+4

F Accounungethod Cash xJ Accr

oAmended

return Washinaton.

DC

20004

o~::,fy) ....

DAppllcat,on

Section 501(c)(3)organizationsand 4947(a)(1)nonexempt haritable rusts

Hand I are not applicable to section 527 orgamzat ons.

end,~g

must attach a completedScheduleA (Form 990 or 990-EZ).

H(a) Is this a group return or affthates?

Dves 00No

G

Website: ...www. f reedomworks. ora

H(b) If Yes; enternumberof affiliates...

NLA

J

Organization ype (checknly ne)...

[xJ

501(c) ( 4 ) .... (insert o) D 4947(a)(1)or D 527

H(c) Are all affiliates ncluded?

N/A

Dves

0No

K Checkhere .... D 11he organizationsnot a 509(a)(3)supportingorganization nd ,ts gross

(If 'No,' attacha hst.)

H(d) Is this a separate eturn iled by an or-

receiptsare normallynot more han $25,000.A return snot required,but 11he organization

gamzat,on overedby a group uling?

Oves

CxJN

chooses o file a return, be sure o file a complete eturn.

I

GrouoExemptionNumber ... NIA

M

Check ... D 11he organization snot required o atta

L

Gross eceipts:Add Imes6b, 8b, 9b, and 10b o lme 12 ...

2

235.030.

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

I

Part

11

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

1 Contributions, ifts, grants,and s1m1larmounts eceived:

a

Contributions o donor advised unds

1a

b

Directpublic support not includedon hne 1a)

1b

2

033.092.

c

Indirectpublic support not includedon me 1a) 1c

00

Government ontributions grants) not includedon lme 1a)

1d

)

d

C)

Total (add Imes1a hrough 1d) (cash$ 2,033,092.

noncash

) 1e

2.033.092.

',..J

e

2

Programservice evenuemcludmggovernmenteesand contracts from PartVII, lme93)

2

,=j

3

Membership uesand assessments

3

z

4

Intereston savingsand emporary ash nvestments

4 36 870.

5

D1v1dendsnd nterest rom securities

5

a

6 a

Gross ents See Statement 1

I

6a

I

77.534.

b

Less:rentalexpenses 6b

c

Net ental ncomeor (loss). Subtract me6b from me6a

6c

77 534.

7 Other nvestment ncome describe ...

)

7

8 a

Grossamount rom salesof assetsother

(Al Securities

IB\ Other

)

than nventory

Ba

b

Less:cost or otherbasisand salesexpenses

8b

c

Gainor (loss) (attachschedule) Be

d

Netgam or (loss). Combineine 8c, columns A) and (B) 8d

9

Specialeventsand act1v1t1esattachschedule).

f

any amount1s rom gaming,checkhere .... D

a Grossevenuenotmcludlng O C: (

C' I\ /C'

~on~1butlcsreponednmeb) I 9a

I

, ., - . .. ... ... .. , v . .. .

b

Less:direct expenses ther

,w ,w .. w, w -~ .

0

(_)

9b

c Net ncome or (loss) ro

1W

c,alevents.Subtract ine 9b I~ line 9a

9c

10 a

Grosssalesof inventory

j

ret~ncJi11~a~08 ,

I

1oa

I

b

Less:cost of goodssoli

10b

c Grossprofit or (loss) rem a1e8c'JGtj'e't,.f.at'.ffe CJm') ubtract ine 10b rom lme 10a

10c

11 11

87 534.

ther evenue from Pa

12 Total revenue. Add Imes1e 2 3 4 5 6c 7 8d 9c 10c and 11

12 2.235 030.

13

Programservices from line44, column B))

13 1.090

035.

Cl)

Q)

14 Management nd general from line 44, column Cl)

14 595

078.

l)

c

15

Fundraismg from ine 44, column D)) 15 385

011.

I

c.

)(

16

Payments o affiliates attachschedule)

16

17

Total exoenses Add Imes16 and 44 column Al 17 2.070

124.

18 Excess r (deficit) or the year.Subtract ine 17 rom ine 12

18

164.906.

Cl)

1.

251 795.G>

19 Netassetsor fund balances t begmnmg f year from lme73, column A))

19

z::l

20 Otherchangesm net assetsor fund balances attachexplanation)

See Statement

2

20


2/14

Fomi 990 (2007)

FreedomWorks, Inc.

I

Part

II

tatement of

Functional Expenses

52-1349353

Page

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

and 4) organizations nd section4947(a)(1) onexempt haritablerusts but optional or others.

Do not include amounts reported on /me

(A) Total

(B) Program

(C) Management

(D) Fundraismg

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

services

and general

22a Grants paid from donor advised funds

(attach schedule)

(cash $

0 noncash $

0.

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

LJ 22a

22b Other grants and allocations (attach schedule'

(cash $

0

noncash S

0.

If this amount mcluder; foreign grants, check here ......LJ

22b

23

Specific assistance to 1nd1v1dualsattach

schedule)

23

24

Benefits paid to or for members (attach

schedule)

24

25a Compensationf currentofficers,directors, ey

employees, tc. istedm PartV-A

25a

366,545. 174,621.

89,040.

102,884.

b Compensationf former officers,directors, ey

employees, tc. istedm PartV-8

25b

0. 0.

0.

o

c Compensationnd other distributions, ot ncluded

above, o d1squalif1edersons as definedunder

section4958(1)( )) and personsdescribedm

section4958(c)(3)(B)

25c

26 Salanes and wages of employees not

included on lines 25a, b, and c 26

551,147. 349,341. 146,978. 54,828.

27 Pension plan contributions not included on

lines 25a, b, and c

27

10,872. 7,349.

3,523.

28 Employee benefits not included on lines

25a 27

28

51,622. 32,503. 16,573.

2,546.

29

Payroll taxes

29

51,727.

28

I

501. 16

I

781.

6,445.

30 Professional fundra1s1ngees 30

31 Accounting fees

31

60,182. 1,155. 59,027.

32 Legal fees

32

58,301. 40.

58,261.

33 Supplies 33

8,222. 1,580. 6,616. 26.

34 Telephone 34

53,392. 36,016. 12,425. 4

I

951.

35 Postage and sh1pp1ng 35

10,344. 1,535. 2,570.

6,239.

36 Occupancy 36

328,672. 182,416.

94,200. 52,056.

37

Equipment rental and maintenance

37

24,493.

13 I 591.

7,022.

3,880.

38

Pnnt1ngand publications

38

58,722.

33,181. 164. 25,377.

39

Travel 39

82,626. 52,178.

2,137.

28 I 311.

40

Conferences, conventions, and meetings

40

3,109.

2,282. 3.

824.

41

Interest

41

42

Deprec1at1on, epletion, etc. (attach chedule)

42

21,661.

12,022. 6,209. 3,430.

43

Other expenses not covered above (1tem1ze):

a

43a

b

43b

c

43c

d

43d

e 43e

f

431

g

See

Statement 3

43g

328,487. 161,724.

73,549. 93,214.

44

Total unctionalexpenses.Add mes22a hrough

43g. (Organizationsompleting olumns B)-(D),

carry hese otals o Imes13-15)

44

2,070,124.

1,090,035. 595,078.

385,011.

Joint Costs. Check LJ 1fyou are following SOP 98-2.

Are any oint costs rom a combinededucational ampaign nd undra1smgollc1tat1oneportedm (B) Program ervices?

D

Yes [XJ No

If Yes,'enter

i)

the aggregate mountof these1oint osts$

NI

A ;

(ii)

the amountallocatedo Program ervices$ N / A

----,-=-,-,,...---

~iiit

he amountallocatedo Managementnd general$

NI

A ;and

(iv)

he amountallocatedo Fundra1sing

NI

A

23 11

12 21 01 Form

990

(2007

2

15470506 739466 FreedomWorks

2007.05010 FreedomWorks, Inc.

FREEDOM


3/14

Form 990 2001 FreedomWorks Inc.

52-1349353

Pa

e

Part Ill Statement of Program Service Accomplishments

See the mstruct,ons.)

Form 990 1savailable for public 1nspect1onand, for some people, serves as the primary or sole source of 1nformat1onabout a particular organization

How the public perceives an organization in such cases may be determined by the 1nformat1onpresented on rts return. Therefore, please make sure t

return 1scomplete and accurate and fully describes, 1nPart Ill, the organization s programs and accomplishments

What 1s he organization s primary exempt purpose?

See Statement 4

All organ1zat1onsmust describe their exempt purpose achievements 1na clear and concise manner. State the number of

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

organizations and

494

7(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

reformina Federal

and

state oolicies in areas

such

as

taxation. social securitv. soendina nolicv.

litiaation

reform school choice and

other mission related

issues.

(Grants and allocations l

If this amount includes fore1an arants check here

D

b

Public Affairs: Research and education on

how

reducina

Federal reaulations

will

imnrove the

economv bv

disseminatina

information

throuah orint

broadcast

media.

and on-line education.

(Grants and allocations l If this amount includes fore1an arants check here

D

c

Other

Core

Proarams: Various nroarams

aimed at oromotina

consumer-focused economic oolicies

throuah education and

research

in

both

domestic and international

economic

markets.

(Grants and allocations

) If this amount includes fore1QnQrants check here

LJ

d


)

If this amount includes fore1an C1rants check here

e

Other program services (attach schedule)


)

If this amount includes fore1an mants check here

f

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

723021

12-27-07

739466 FreedomWorks

3

2007.05010 FreedomWorks, Inc.

D

D

Program

Service

Expenses

(Required or 501(c)(3

and (4) orgs., and

4947(a)(1) rusts; but

optmnal or others.)

629

088

219 631.

241

316.

1,090,035.

Form

990

(200

FREEDOM


4/14

Form 990 2007)

FreedomWorks. Inc.

I

Part IV

I

Balance Sheets


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

should be for end-of-year amounts only.

45

Cash non-1nterestbearing

46

Savings and temporary cash investments

47 a

Accounts receivable

47a 15 284.

b Less: allowance for doubtful accounts 47b

48 a

Pledges receivable

48a

b

Less allowance for doubtful accounts

48b

49

Grants receivable

50 a

Receivables from current and former officers, directors, trustees, and

key employees

b

Receivables from other d1squalif1ed persons as defined under section

UI

4958 1) 1)) and persons described 1nsection 4958 c) 3

8)

.

)

51 a

Other notes and loans receivable I 51a

I

UI


5/14

Form990 2007 FreedomWorks Inc. 52-1349353 Pa e5

Part IV-A Reconciliation of Revenue per Audited Financial Statements With Revenue per Return

See the

mstruct,ons)

a

Total revenue, gains, and other support per audited financial statements

a

2 178

344.

b Amounts included on line a but not on Part I, line 12

1 Net unrealized gains on investments

b1

2 Donated services and use of fac1lrt1es

b2

3 Recoveries of prior year grants

b3

4

Other (specify).

Net unrealized

investment

losses

b4

Add lines b1 through b4

b


6/14

Form 990 (2007)

FreedomWorks

Inc.

52-1349353

Page6

IPart V-A I Current Officers, Directors, Trustees, and Key Employees

continued)

Yes No

75 a

Enter the total number of officers, directors, and trustees permitted to vote on organization business at board

meetings

7

b

Are any officers, directors, trustees, or key employees listed m Form 990, Part VA, or highest compensated employees

listed 1nSchedule A, Part I, or highest compensated professional and other independent contractors listed 1nSchedule A,

Part llA or 118, elated to each other through family or business relat1onsh1ps? If Yes, attach a statement that 1dent1f1es

the 1nd1v1duals nd explains the relat1onsh1p(s)

75b x

c

Do any officers, directors, trustees, or key employees listed 1n Form 990, Part VA, or highest compensated employees

listed 1n Schedule A, Part I, or highest compensated professional and other independent contractors listed 1nSchedule A,

Part II-A or 118, eceive compensation from any other organizations, whether tax exempt or taxable, that are related to the

organization? See the 1nstruct1ons for the def1nit1onof related organization

See

Statement

8

75c x

If Yes, attach a statement that includes the 1nformat1on described m the 1nstruct1ons

d

Does the oraanizat1on have a written conflict of interest oolicv?

75d x

IPart V-B I

FormE:r Officers, Directors, Trustees, and Key Employees That Received Compensation or Other

Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during

the year, list that person below and enter the amount of compensation or other benefits 1n he appropriate column See he instructions)

(C) Compensation

( D)Contr,but,ons to

(E)

Expense

A)

Nameand address

(B)

Loans and Advances

(11 ot paid,

employee benefit

account and

plans & deferred

None

enter -0-)

compensation clans

other allowance

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

---------------------------------

IPart VI I

Other Information


Yes

No

76

Did the organization make a change 1n ts act1v1t1es r methods of conducting act1vrt1es? f Yes, attach a detailed

statement of each change

76

x

77

Were any changes made 1n he organizing or governing documents but not reported to the IRS?

77

x

If Yes, attach a conformed copy of the changes.

78 a

Did the organization have unrelated business gross income of $1,000 or more dunng the year covered by this return?

78a

x

b

If Yes, has 1t iled a tax return on Form 990-T for this year?

N/A

78b

79

Was there a liqu1dat1on, d1ssolut1on, erm1nat1on, or substantial contraction dunng the year? If Yes, attach a statement

79

x

80 a

Is the organization related (other than by assoc1at1on wrth a statewide or nat1onw1de organization) through common

membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization?

80a

x

b

If Yes, enter the name of the organization ....

See Statement 7

and check whether rt 1sD exemptor D nonexempt

81 a

Enter direct and indirect polrt1cal expenditures. (See line 81 instructions)

I 81a I

0 .

b

Did the oraanizat1on file Form 1120-POL for this vear?

81b

x

Form990 (2007

723161/12-27-07

6

739466 FreedomWorks 2007.05010 FreedomWorks, Inc. FREEDOMl


7/14

Form 990 (2007) FreedomWorks Inc.

5 2 -13 4 9 3 5 3 Paae 7

IPart VI I Other Information continued)

82 a Did the organization receive donated services or the use of materials, equipment, or fac11it1es t no charge or at substantially

less than fair rental value?

b If "Yes," you may 1nd1cate he value of these rtems here Do not include this

amount as revenue 1nPart I or as an expense 1nPart II.

(See 1nstruct1ons 1nPart 111.

I 82b I

83 a Did the organ1zat1oncomply with the public inspection requirements for returns and exemption appl1cat1ons?

b Did the organization comply wrth the disclosure requirements relating to qwd pro quo contributions?

84

a

Did the organization solicit any contributions or gifts that were not tax deductible?

NIA

N/A

b

If "Yes," did the organization include with every solicrtat1on an express statement that such contnbut1ons or gifts were not

tax deductible?

85 a 501 c) 4), 5), or 6) Were substantially all dues nondeductible by members?

b

Did the organization make only in-house lobbying expenditures of $2,000 or less?

If "Yes" was answered to erther 85a or 85b, do not complete 85c through 85h below unless the organization received a

waiver for proxy tax owed for the prior year

c Dues, assessments, and similar amounts from members

d Section 162(e) lobbying and political expenditures

e Aggregate nondeductible amount of section 6033(e)(1 )(A) dues notices

I

Taxable amount of lobbying and political expenditures (line 85d less 85e)

g Does the organization elect to pay the section 6033(e) tax on the amount on line 85f?

85c

85d

85e

851

h

If section 6033(e)(1 )(A) dues notices were sent, does the organization agree to add the amount on line 85f

to rts reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the

following tax year?

86

501 c) 7) organizations

Enter. a lnrt1at1on ees and capital contributions included on

line 12

b Gross receipts, included on line 12, for public use of club fac1lrt1es

87 501 c) 12) organizations. Enter a Gross income from members or shareholders

b Gross income from other sources (Do not net amounts due or paid to other sources

against amounts due or received from them )

86a

86b

87a

87b

NIA

NIA

NIA

NIA

N/A

N/A

NIA

NIA

NIA

NIA

88 a At any time during the year, did the organization own a 50"/o or greater interest in a taxable corporation or partnership,

or an entity disregarded as separate from the organization under Regulations sections 301 7701 2 and 301. 7701 3?

If "Yes," complete Part IX

Yes No

82a x

83a X

83b

84a

X

84b

X

85a

X

85b

X

85a

85h

88a X

b At any time during the year, did the organization, directly or indirectly, own a controlled entity w1th1n he meaning of

section 512(b)(13)? If "Yes," complete Part XI

88b X

89

a

501 c) 3) organizations.

Enter Amount of tax imposed on the organization during the year under

section 4911 N /A ;section 4912 N A ;section 4955 ~--N~/_A ____ _

b 501 c) 3) and 501 c) 4) organizations Did the organization engage in any section 4958 excess benefit

transaction during the year or did 1tbecome aware of an excess benefit transaction from a prior year?

If "Yes," attach a statement explaining each transaction

c

Enter: Amount of tax imposed on the organization managers or disqualified persons during the year under

sections 4912, 4955, and 4958

-------~o~.

d Enter: Amount of tax on line 89c, above, reimbursed by the organization ---------=O~.

e Aii organizations At any time during the tax year, was the organization a party to a proh1b1ted ax shelter transaction?

I

All organizations. Did the organization acquire a direct or indirect interest 1nany applicable insurance contract?

g For supporting organizations and sponsonng organizations maintaining donor advised funds Did the supporting organization,

or a fund maintained by a sponsoring organization, have excess business holdings at any time dunng the year?

89b

x

89e

x

891

x

89a

x

90 a List the states with which a copy of this return 1s iled ~---=S:e.e=..:e::...._.:S:..:t=a:..:t:e.e=m:.:.e=n::.t::.....-'9::...._____ .----.----------

b Number of employees employed 1n he pay period that includes March 12, 2007 90b 21

91

a

The books are

m

care of~ The Organization Telephoneno.~ ( 2 0 2 ) 7 8 3- 3 8 7 0

Locatedat~ Oraanization's address Washinaton. DC ZIP+4~20004

b

At any time during the calendar year, did the organization have an interest 1nor a signature or other authority over

Yes

No

a financial account 1na foreign country (such as a bank account, securrt1es account, or other financial account)?

91b x

If "Yes," enter the name of the foreign country

NIA

See the 1nstruct1ons or exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank

and F1nanc1al ccounts

Form990

(2007

723162 / 1227-07

7

739466 FreedomWorks 2007.05010 FreedomWorks, Inc.

FREEDOMl


8/14

Form

990 2001 FreedomWorks

Inc.

52-1349353 Pa

e8

Part VI Other Information

(continued)

Yes No

c At any time dunng the calendar year, did the organization ma1nta1n an office outside of the United States?

91c X

If "Yes," enter the name of the foreign country ....

-----=N~=A=---------------------

92 Section 4947(a)(1) nonexempt chantable trusts fl/mg Form 990 m lieu of

Form 1041- Check here

and enter the amount of taJ


9/14

Form990 2007 FreedomWorks Inc. 52-1349353 Pa e

Part XI Information Regarding Transfers To and From Controlled Entities. Complete only if the organization is a

control/mg organization as defined m section 512(b)(13).

106 Did the reporting organization make any transfers to a controlled entity as defined 1nsection 512(b)(13) of the Code? If Yes,

complete the schedule below for each controlled entrtv.

a

b

c

(A)

Name, address, of each

controlled entity

Totals

(B)

Employer

Identification

Number

(C)

Description of

transfer

Yes N

(D)

Amount of

transfer

x

Yes N

107 Did the reporting organization receive any transfers from a controlled entrty as defined 1nsection 512(b)(13) of the Code? If Yes,

complete the schedule below for each controlled entity

x

a

b

c

(A)

Name, address, of each

controlled entity

Totals

(BJ

Employer

Identification

Number

(C)

Description of

transfer

108 Did the organization have a b1nd1ngwritten contract 1neffect on August 17, 2006, covering the interest, rents, royalties, and

annurt1es descnbed 1nauest1on 107 above?

(DJ

Amount of

transfer

Yes N

x

Under penalties of per)Ury, I declare that I hav~,:,~:ned this return, including accompanying schedules and statements, and to the best of my knowledge and belief, 1t 1s rue, correct,

and complete Declaration of preparer (other thf A 1.cer) s based on all information of which preparer has any knowledge

le.

'tJXYf;.r

1

U {. , /

1

_.,.- Io,f . {) 'ii:

Please

Sign

Here

Paid

Preparer's

Use Only

111..

l(fi,rli't1A

H. 7v1r,

('a.

/in

I

v,a_u.1%.W-

r Type rprmt ame nd itle (/ I

reparer ---.......... ~.

J

,., , . J self-

' - ........._-....... IDate Check

1

D I reparer's SSN or PTIN (See Gen Inst

L

~,g~n~a~tu~r~el~~_:::.:::~~====::'.:~~r'.:~::-----::~2,'--~~~~~_L,1___~,.,,~J""'' :._~'~O~: Joje~m~p~lo~y~e~d~~==}l~~~~~~~

Firm's name

(01

yours

If

self-employed),

address, end

ZIP+ 4

Rogers

&

Company PLLC

~8300 Boone Boulevard, Suite

Vienna. Virainia 22182

600

EIN

Phone o. (

7 0 3 ) 8 9 3 - 0 3 0

Form 90

(200

72316'1/12-27-07

9

739466 FreedomWorks 2007.05010 FreedomWorks, Inc. FREEDOM


10/14

FreedomWorks, Inc.

52-1349353

Rental Income

Statement

Activity Gross

and Location of Property

Number Rental Income

of facilities

1 77,534.

to Form 990, Part I, line 6a

77,534.

Other Changes in Net Assets or Fund Balances

Statement

unrealized loss on investments

to Form 990, Part I, line 20

990 Other Expenses

to Fm 990, ln 43

A}

Total

96,783.

61,744.

29,895.

7,620.

22, 611.

18,198.

5,185.

10,242.

931.

5,324.

33,338.

32,965.

422.

3,229.

328,487.

B}

Program

Services

44,646.

61,280.

16,593.

1,024.

14,170.

55.

5,185.

3,987.

929.

1,652.

10,526.

1,255.

422.

161,724.

c}

Management

and General

2,199.

464.

8,567.

6,416.

3,952.

8,091.

5,347.

2.

3,572.

31,710.

3,229.

73,549.

Amount

Statement

D}

Fundraising

49,938.

4,735.

180.

4,489.

10,052.

908.

100.

22,812.

93,214.

18 Statement s} l, 2,



11/14

Free domWorks, Inc.

Statement of Organization s Primary Exempt Purpose

Part III

52-1349353

Statement

policy, advocacy and educational organization that supports

freedom of choice in a market economy.

Depreciation of Assets Not Held for Investment

Cost or

Other Basis

property and equipment 656,696.

Form 990, Part IV, ln 57 656,696.

990 Non-Government Securities

Accumulated

Depreciation

559,527.

559,527.

Other

Publicly

Corporate

Description Cost/FMV Stocks

Corporate Traded

Bonds Securities

market funds

FMV

939,318.

Form 990, line 54a, Col B

939,318.

Identification of Related Organizations

Part VI, Line 80b

Statement

Book Value

97,169.

97,169.

Statement

Total

Non-Gov t

Securities

939,318.

939,318.

Statement

of Organization

Exempt NonExempt

Foundation, Inc.

Political Action Committee

CSE Political Action Committee

for PERS Reform

FreedomWorks Fund

of Freedom Voters

FreedomWorks, Inc.

for a Sound Economy, Inc.

x

x

x

x

x

x

x

x

x

x

19 Statement{s) 4, 5, 6, 7



12/14

FreedomWorks, Inc.

52-1349353

Part V-A Officer Compensation from

Related Organizations

Statement

s Name

of Related Organization

Foundation, Inc.

p Between Organizations

Employee

Benefit Plan Expense

Compensation Contribution Account

169,593. 11,725. 2,861.

Employer ID Number

52-1526916

relationship/common officers and board members

s Name


Foundation, Inc.

p Between Organizations

Employee



72,489. 8,377. o.

Employer ID Number

52-1526916


20


Statement(s) 8

FREEDOMl


13/14

:

FreedomWorks, Inc.

Richard K. Armey


Foundation, Inc.

Between Organizations

52-1349353

Employee



320,000. o. o.

Employer ID Numbe

52-1526916



Foundation, Inc.

Between Organizations

Employee



83,552. 9,215. o.

Employer ID Numbe

52-1526916


21


Statement(s)

FREEDOM


14/14

Fre~domWorks, Inc.

List of States Receiving Copy of Return

Part VI, Line 90

52-1349353

Statement

freedomworks inc 521349353 2007 0411a9cbsearchable

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