freedomworks inc 521349353 2008 05293e09searchable

Fbrm 990 Department of the Treasury Internal Revenue Service

Return of Organization Exempt From Income Tax Under section 501 (c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung

benefit trust or private foundation) .... The organization may have to use a copy of this return to satisfy state reporting requirements

A For the 2008 calendar year, or tax year beginning and ending

OMB No 1545-0047

2008 Open ta Public

lnspeetioll

B Check 1f applicable

Please C Name of organ1zat1on use IRS

D Employer identification number

DAddress label or F d W k I change pnnt or ree om or s , nc •

D~i\'!'ri~e type Doino Business As 5 2 -1 3 4 9 3 5 3

return see Number and street (or PO box 1f ma1l 1s not delivered to street address) Room/suite E Telephone number D lnitial I D!~g;:in- ~!::~601 Pennsylvania Ave., NW, N. Bldq.700 202-783-3870

D!'l'ue~ded tions City or town, state or country, and ZIP + 4 G Gross receipts$ 4 , 3 4 6 , 7 8 2 •

Dfig~1ica- Washinoton, DC 2 0 0 0 4 H(a) Is this a group return pending

F Name and address of principal off1cer:Matt Kibbe for aff1l1ates? 0Yes [XJ No

Same as C above H(b) Are all affiliates included? 0Yes D No ----~------------------------------~ I Tax-exemot status: [XJ 501Ccl ( 4 ) ..... (insert no.l D 4947CaH1l or D 527 J Website: .... WWW. f reedomworks. orq

K Tvoe of oroamzat1on [XJ Corporatmn D Trust D Assoc1at1on D Other ....

I Part 11 Summary

If 'No,' attach a list. (see 1nstruct1ons)

H(cl Grouo exemption number ....

I L Year of formation 19 8 41 M State of leaal dom1c1le DC

CP 1 Briefly describe the organ1zat1on's m1ss1on or most s1gn1f1cant act1V1t1es. Consumer organization that g focuses on public policy, advocacy and education with a particular CII

E 2 Check this box .... D If the organization discontinued 1ts operations or disposed of more than 25% of its assets.

~ 3 Number of voting members of the governing body (Part VI, line 1a) 1-=3-4--________ 5_

~ 4 Number of Independent voting members of the governing body (Part VI, line 1 b) 4 4

gi 5 Total number of employees (Part V, line 2a) 5 3 2

~ 6 Total number of volunteers (estimate 1f necessary) 6 5 0 0 0 0 0

! 7a Total gross unrelated business revenue from Part VIII, line 12, column (C) 7a 00

•• b Net unrelated business taxable Income fron cM- nnn_T '· - ...,. 7b

RECtJVEU g: 8 Contributions and grants (Part VIII, line 1 h) cn ~

5i 9 Program service revenue (Part VIII, line 2g) ~ g 2009 9 ~ 10 Investment income (Part VIII, column (A), l1n is:a 4, M~~d)2 CJ)

IX 11 Other revenue (Part VIII, column (A), lines 5, EM1. Be 9c 10c :mdJJ.e)__ ~ 12 Total revenue· add lines 8 throuoh 11 (mus eaucdRQ.fill CA n IAI.Tne 12

13 Grants and s1m1lar amounts paid (Part IX, c~ ,w, ", ~. 11, 1:;; ~; y -

14 Benefits paid to or for members (Part IX, column (A), line 4)

gi 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) en c GI Q. )( w

16a Professional fundra1s1ng fees (Part IX, column (A), line 11e)

b Total fundra1s1ng expenses (Part IX, column (D), line 25) ....

17 Other expenses (Part IX, column (A), lines 11 a-11 d, 11 f-24f)

1,494,198.

18 Total expenses. Add Imes 13-17 (must equal Part IX, column (A), line 25)

19 Revenue less expenses. Subtract line 18 from line 12 ~en o~ JBC: ~~ 20 Total assets (Part X, l1ne 16)

~ 21 Total liab11it1es (Part X, lme 26) a, c: z,z 22 Net assets or fund balances. Subtract line 21 from line 20 I Part II I Signature Block

Prior Year Current Year 2,033,092. 4,147,545.

36,870. 37,209.

165,068. 162,028.

2,235,030. 4,346,782.

1,031,913. 1,256,338.

44,523.

1,038,211. 2,707,451.

2,070,124. 4,008,312.

164,906. 338,470.

Beainnina of Year End of Year 1,707,016. 1,930,539.

347,001. 433,383.

1,360,015. 1,497,156.

Under penaltl s of e~ury, declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, 11 1s true, correct, and complet~ Dec ~ration f preparer (other than officer) Is based on all Information of which preparer has any knowledge

~ S1gnatu~o~e~ I Date ;:;/Jz...l oq Sign

Here

Paid

II... Matt Kibbe, President ,.. Type or print name and title

~ -1?--0 self- see 1nstruct1ons) Preparer's ~ -~ I 5e Check If I (Preparers 1dent,ty1ng number

~s~1g~n~at~u~re~~-~-~~t:,:::::::::::::,,.~ __________ _L:!._~~~~~\J'....!_ l~em~pl~ov~e~dJ .... ~1D==LL~---------Preparer's Firm's name (or R & c PLLC EIN .... Use Only yours u ogers ompany

600 se1t-emp1oyedl, ~8300 Boone Boulevard, Suite address, and z1P+4 Vienna, Virqinia 22182 Phoneno .... (703) 893-0300

May the IRS discuss this return with the preparer shown above? (see instructions) D Yes D No

832001 12-18-08 LHA For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2008) See Schedule O for Organization Mission Statement Continuation ~1

(.y\~

I

(

•• ....

Form 990 2008 Freedomworks Inc. 52-1349353 ~e2 Part HI Statement of Program Service Accomplishments (see 1nstruct1ons)

1 Bnefly descnbe the organ1zat1on's m1ss1on: Public policy, advocacy and educational organization that focuses on fiscal and economic issues.

2 Did the organ1zat1on undertake any s1gn1f1cant program services dunng the year which were not listed on

the pnor Form 990 or 990·EZ?

If 'Yes', describe these new services on Schedule O.

3 Did the organ1zat1on cease conducting, or make s1gn1f1cant changes 1n how 1t conducts, any program services?

If 'Yes', describe these changes on Schedule 0. 4 Descnbe the exempt purpose achievements for each of the organization's three largest program services by expenses.

Section 501 (c)(3) and 501 (c)(4) organ1zat1ons and section 494 7(a)(1) trusts are required to report the amount of grants and

allocations to others, the total expenses, and revenue, 1f any, for each program service reported

4a (Code ) (Expenses $ 8 2 8 , 3 0 6 • 1nclud1ng grants of $ ) (Revenue $

OOves 0No

Dves 00No

State Campaigns: Advocacy, research and education on fiscal state policies in areas such as taxation, social security, fiscal policy, legal reform, school choice, and other mission related issues.

4b (Code: ) (Expenses $ 3 9 5 , 4 3 0 • including grants of$ ) (Revenue $ Public Affairs: Research and education on federal regulation and the economy disseminating information through print, broadcast media, and on-line education.

4c (Code: ) (Expenses $ 2 5 5 , 3 3 0 • including grants of $ ) (Revenue$ Tax & Budget: Public policy advocacy, education and research on various aspects of tax policy and the economic impacts of a various tax proposal.

4d Other program services. (Describe 1n Schedule 0.)

(Expenses $ 7 5 1 , 1 0 6 • including grants of $ ) (Revenue $

4e Total program service expenses .... $ 2 , 2 3 0 , 172 . (Must equal Part IX, Lme 25, column (B))

832002 12·18·08

20210511 739466 Freedomworks 2

2008.03050 Freedomworks, Inc.

Form 990 (2008)

FREEDOM!

" ' ~. Form 990·12ooai Freedomworks, Inc. 52-1349353 Paae3 I Part IV I Checklist of Required Schedules

1 Is the organization descnbed 1n section 501 (c)(3) or 494 7(a)(1) (other than a private foundation)?

If "Yes," complete Schedule A 2 Is the organization required to complete Schedule B, Schedule of Contributors?

3 Did the organization engage 1n direct or 1nd1rect political campaign act1vrt1es on behalf of or in oppos1t1on to candidates for

public office? If "Yes," complete Schedule C, Part I

4 Section 501 (c)(3) organizations. Did the organ1zat1on engage 1n lobbying act1v1t1es? If "Yes," complete Schedule C, Part II

5 Section 501 (c)(4), 501 (c)(5), and 501 (c)(6) organizations. Is the organization subJect to the section 6033(e) notice and

reporting requirement and proxy tax? If "Yes," complete Schedule C, Part Ill

6 Did the organ1zat1on maintain any donor advised funds or any accounts where donors have the right to provide advice

on the d1stribut1on or investment of amounts 1n such funds or accounts? If "Yes," complete Schedule D, Part I

7 Did the organization receive or hold a conservation easement, including easements to preserve open space,

the environment, h1stonc land areas, or h1stonc structures? If "Yes," complete Schedule D, Part II

8 Did the organization ma1nta1n collections of works of art, historical treasures, or other s1m1lar assets? If "Yes," complete

Schedule D, Part Ill

9 Did the organ1zat1on report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide

credit counseling, debt management, credit repair, or debt negot1at1on services? If "Yes," complete Schedule D, Part IV

10 Did the organ1zat1on hold assets in term, permanent, or quas1·endowments? If "Yes," complete Schedule D, Part V

11 Did the organ1zat1on report an amount in Part X, lines 10, 12, 13, 15, or 25?

If "Yes," complete Schedule D, Parts VI, Vil, VIII, IX, or X as applicable

12 Did the organization receive an audited financial statement for the year for which rt 1s completing this return that was

prepared in accordance with GAAP? If "Yes," complete Schedule D, Parts XI, XII, and XIII

13 Is the organ1zat1on a school as described 1n section 170(b)(1 )(A)(11)? If "Yes," complete Schedule E

14a Did the organ1zat1on ma1nta1n an office, employees, or agents outside of the U.S.?

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmak1ng, fundra1s1ng, business,

and program service act1v1t1es outside the U.S ? If "Yes," complete Schedule F, Part I

15 Did the organ1zat1on report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity

located outside the United States? If "Yes," complete Schedule F, Part II

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to 1nd1v1duals

located outside the United States? If "Yes," complete Schedule F, Part Ill

17 Did the organization report more than $15,000 on Part IX, column (A), hne 11e? If "Yes," complete Schedule G, Part I

18 Did the organization report more than $15,000 total on Part VIII, lines 1 c and Sa? If "Yes," complete Schedule G, Part II

19 Did the organization report more than $15,000 on Part VIII, hne 9a? If "Yes," complete Schedule G, Part Ill

20 Did the organization operate one or more hospitals? If "Yes," complete Schedule H

21 Did the organization report more than $5,000 on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II

22 Did the organization report more than $5,000 on Part IX, column (A), hne 2? If "Yes," complete Schedule/, Parts I and Ill

23 Did the organ1zat1on answer 'Yes' to Part VII, Section A, questions 3, 4, or 5? If "Yes," complete Schedule J

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the

last day of the year, that was issued after December 31, 2002? If "Yes," answer questions 24b-24d and complete Schedule K

If "No", go to question 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds?

d Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?

25a Section 501 (c)(3) and 501 (c)(4) organizations. Did the organ1zat1on engage In an excess benefit transaction with a

d1squal1f1ed person during the year? If "Yes," complete Schedule L, Part I

b Did the organ1zat1on become aware that 11 had engaged in an excess benefit transaction wrth a d1squahf1ed person from a

pnor year? If "Yes," complete Schedule L, Part I

26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or d1squahf1ed

person outstanding as of the end of the organ1zat1on's tax year? If "Yes," complete Schedule L, Part II

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, or substantial

contributor or to a oerson related to such an 1nd1v1dual? If "Yes " como/ete Schedule L Part Ill

832003 12-18-08

3 20210511 739466 FreedomWorks 2008.03050 Freedomworks, Inc.

Yes No

1 x 2 x

3 x 4

5 x

6 x

7 x

8 x

9 x 10 x

11 x

12 x 13 x 14a x

14b x

15 x

16 x 17 x 18 x 19 x 20 x 21 x 22 x 23 x

24a x 24b

24c

24d

25a x

25b x

26 x

27 x Form 990 (2008)

FREEDOM!

,._ J ,_._

Form 990 (2008) FreedomWorks, Inc. 52-1349353 Paae4 ! Part IV I Checklist of Required Schedules (continued)

28 During the tax year, did any person who IS a current or former officer, director, trustee, or key employee.

a Have a direct business relat1onsh1p wrth the organization (other than as an officer, director, trustee, or employee), or an

1nd1rect business relat1onsh1p through ownership of more than 35% in another entity (1nd1v1dually or collectively with other

person(s) listed 1n Part VII, Section A)? If "Yes," complete Schedule L, Part IV

b Have a family member who had a direct or indirect business relat1onsh1p with the organ1zat1on?

If "Yes," complete Schedule L, Part IV

c Serve as an officer, director, trustee, key employee, partner, or member of an entity (or a shareholder of a professional

corporation) doing business wrth the organization? If "Yes," complete Schedule L, Part IV

29 Did the organization receive more than $25,000 In non·cash contnbut1ons? If "Yes," complete Schedule M

30 Did the organ1zat1on receive contnbut1ons of art, h1stoncal treasures, or other s1m1lar assets, or qualified conservation

contnbut1ons? If "Yes," complete Schedule M

31 Did the organ1zat1on l1qu1date, terminate, or dissolve and cease operations?

If "Yes," complete Schedule N, Part I

32 Did the organ1zat1on sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete

Schedule N, Part II

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations

sections 301.7701·2 and 301.7701·3? If "Yes," complete Schedule R, Part I

34 Was the organ1zat1on related to any tax-exempt or taxable entity?

If "Yes," complete Schedule R, Parts II, Ill, IV, and V. /me 1

35 Is any related organ1zat1on a controlled entity w1th1n the meaning of section 512(b)(13)?

If "Yes," complete Schedule R, Part V. lme 2

36 Section 501 (c)(3) organizations. Did the organ1zat1on make any transfers to an exempt non·chantable related organ1zat1on?

If "Yes," complete Schedule R, Part V, /me 2

37 Did the organ1zat1on conduct more than 5% of its act1v1t1es through an entity that IS not a related organ1zat1on

and that 1s treated as a oartnersh10 for federal income tax ourooses? If "Yes " comolete Schedule R Part VI

832004 12-18-08



Yes No

28a x

28b x

28c x 29 x

30 x

31 x

32 x

33 x

34 x

35 x

38

37 x Form 990 (2008)

FREEDOM!

.. J ,·.

Form 990·12008) FreedomWorks, Inc. 52-1349353 Page5 I Part V l Statements Regarding Other IRS Filings and Tax Compliance

1a Enter the number reported 1n Box 3 of Form 1096, Annual Summary and Transmittal of

U.S. Information Returns. Enter -0· If not applicable

b Enter the number of Forms W·2G included In line 1 a. Enter ·O· If not applicable

1a

1b c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to pnze winners?

2a Enter the number of employees reported on Form W·3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending wrth or w1th1n the year covered by this return

b If at least one IS reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1 a and 2a 1s greater than 250, you may be required to e-f1/e this return. (see instructions)

3a Did the organ1zat1on have unrelated business gross income of $1,000 or more during the year covered by this return?

b If 'Yes,' has rt filed a Form 990·T for this year? If "No," provide an explanation m Schedule O

4a At any time dunng the calendar year, d1d the organ1zat1on have an interest 1n, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other f1nanc1al account)?

30 0

32

b If 'Yes,' enter the name of the foreign country: .... --------------------------See the instructions for exceptions and filing requirements for Form TD F 90·22.1, Report of Foreign Bank and

F1nanc1al Accounts.

5a Was the organ1zat1on a party to a proh1b1ted tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organization that rt was or 1s a party to a prohibited tax shelter transaction?

c If 'Yes,' to question Sa or Sb, did the organization file Form 8886·T, Disclosure by Tax-Exempt Entity Regarding Prohibited

Tax Shelter Transaction?

6a Did the organization solicit any contributions that were not tax deductible?

b If 'Yes,' d1d the organization include with every sol1c1tat1on an express statement that such contributions or gifts

were not tax deductible?

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organ1zat1on provide goods or services In exchange for any quid pro quo contribution of more than $75?

b If 'Yes,' did the organization notify the donor of the value of the goods or services provided?

c Did the organ1zat1on sell, exchange, or otherwise dispose of tangible personal property for which 1t was required

to file Form 8282?

d If 'Yes,• indicate the number of Forms 8282 filed during the year I 1d I e Did the organization, during the year, receive any funds, directly or 1nd1rectly, to pay premiums on a personal

benefit contract?

f Did the organization, during the year, pay premiums, directly or 1nd1rectly, on a personal benefit contract?

g For all contributions of qualified intellectual property, did the organization file Form 8899 as required?

h For contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098·C as required?

8 Section 501 (c)(3) and other sponsoring organizations maintaining donor advised funds and section 509(a)(3)

supporting organizations. Did the supporting organ1zat1on, or a fund maintained by a sponsoring organ1zat1on, have

excess business holdings at any time during the year?

9 Section 501 (c)(3) and other sponsoring organizations maintaining donor advised funds.

a Did the organ1zat1on make any taxable d1stnbut1ons under section 4966?

b Did the organization make a d1stnbut1on to a donor, donor advisor, or related person?

10 Section 501 (c)(7) organizations. Enter: N / A a lnrt1at1on fees and caprtal contributions included on Part VIII, line 12

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club fac1lrt1es

11 Section 501 (c)(12) organizations. Enter: N / A a Gross income from members or shareholders

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

I 1oa I 10b

11a

Yes No

1c x

2b x

3a x 3b

4a x

5a x 5b x

5c

6a x

6b x

7a' 7b

7c

7e

7f

7a

7h

8

9a

9b

amounts due or received from them.) ~1_1_b~--------1 12a

b

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

If 'Yes 'enter the amount of tax·exemot interest received or accrued dunno the vear N / A I 12b I

832005 12·18-08



12a

Form 990 (2008)

FREEDOM!

,·. Form990'2008 FreedomWorks Inc. 52-1349353 Pa e6

Part VI Governance, Management, and Disclosure (Sections A, B, and C request information about policies not required by the Internal Revenue Code)

Section A. Govern1na Bodv and Manaaement

For each "Yes" response to Imes 2-7b below, and for a "No" response to Imes 8 or 9b below, descnbe the c,rcumstances,

processes, or changes m Schedule O See instructions.

1 a Enter the number of voting members of the governing body I 1a I I 1b I b Enter the number of voting members that are independent

2 Did any officer, director, trustee, or key employee have a family relat1onsh1p or a business relat1onsh1p with any other

officer, director, trustee, or key employee?

3 Did the organ1zat1on delegate control over management duties customarily performed by or under the direct superv1s1on

of officers, directors or trustees, or key employees to a management company or other person?

4 Did the organ1zat1on make any s1gn1ficant changes torts organizational documents since the prior Form 990 was filed?

5 Did the organization become aware during the year of a material d1vers1on of the organization's assets?

6 Does the organization have members or stockholders?

7a Does the organization have members, stockholders, or other persons who may elect one or more members of the

governing body?

b Are any dec1s1ons of the governing body subject to approval by members, stockholders, or other persons?

8 Did the organ1zat1on contemporaneously document the meetings held or written actions undertaken during the year

by the following:

a The governing body?

b Each committee with authority to act on behalf of the governing body?

9a Does the organization have local chapters, branches, or affiliates?

b If 'Yes,' does the organ1zat1on have written pol1c1es and procedures governing the act1v1t1es of such chapters, affll1ates,

and branches to ensure their operations are consistent with those of the organ1zat1on?

10 Was a copy of the Form 990 provided to the organization's governing body before 1t was filed? All organ1zat1ons must

describe 1n Schedule O the process, 1f any, the organ1zat1on uses to review the Form 990

11 Is there any officer, director or trustee, or key employee listed in Part VII, Section A, who cannot be reached at the

oraanizat1on's ma1hna address? If "Yes " orov1de the names and addresses m Schedule O

Section B Policies .

12a Does the organ1zat1on have a written conflict of interest policy? If "No," go to /me 13

b Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise

to conflicts?

c Does the organ1zat1on regularly and consistently monitor and enforce compliance wrth the policy? If "Yes," descnbe

m Schedule O how this is done

13 Does the organ1zat1on have a written wh1stleblower policy?

14 Does the organization have a written document retention and destruction policy?

15 Did the process for determ1n1ng compensation of the following persons include a review and approval by Independent

persons, comparability data, and contemporaneous substant1at1on of the del1berat1on and dec1s1on

a The organization's CEO, Executive Director, or top management off1c1al?

b Other officers or key employees of the organ1zat1on?

Describe the process 1n Schedule 0. (see instructions)

16a Did the organization invest 1n, contribute assets to, or part1c1pate in a Joint venture or s1m1lar arrangement with a

taxable entity during the year?

b If 'Yes,' has the organ1zat1on adopted a written policy or procedure requinng the organization to evaluate its part1c1pat1on

1n Joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's

exemot status with resoect to such arranaements?

Section C. Disclosure

Yes

5 4

2

3 4 5 6 x

7a x 7b

Ba x Bb x 9a

9b

10 x

11

Yes

12a x

12b x

12c x 13 x 14 x

15a x 15b x

16a

16b

No

x

x x x

x

x

x

No

x

17 List the states with which a copy of this Form 990 1s required to be filed .... AL, AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI , ID 18 Section 6104 requires an organ1zat1on to make its Forms 1023 (or 1024 1f applicable), 990, and 990·T (501 (c)(3)s only) available for

public inspection. Indicate how you make these available. Check all that apply.

[][I Own website [][I Another's website [][I Upon request

19 Describe in Schedule O whether (and 1f so, how), the organ1zat1on makes its governing documents, conflict of interest policy, and f1nanc1al

statements available to the public.

20 State the name, physical address, and telephone number of the person who possesses the books and records of the organ1zat1on ...... ___ _

The Organization - (202) 783-3870 Organization's address, Washington, DC 20004

~~?~s See Schedule O for full list of states Form990(2008)

6 20210511 739466 Freedomworks 2008.03050 Freedomworks, Inc. FREEDOM!

, . Form990·2oos Freedomworks Inc. 52-1349353 Pa e7 Part VU Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent Contractors Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Use Schedule J·2 1f addrt1onal space 1s needed.

• List all of the organization's current officers, directors, trustees (whether 1nd1v1duals or organ1zat1ons), regardless of amount of compensation, and current key employees Enter ·O· 1n columns (D), (E), and (F) 1f no compensation was paid.

• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W·2 and/or Box 7 of Form 1099·MISC) of more than $100,000 from the organ1zat1on and any related organizations.

• List all of the organ1zat1on's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organ1zat1ons

• List all of the organization's former directors or trustees that received, 1n the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organ1zat1on and any related organ1zat1ons.

List persons 1n the following order: 1nd1v1dual trustees or directors; 1nst1tut1onal trustees, officers; key employees; highest compensated employees, and former such persons

D Ch k th b f h d d ff d k ec 1s ox I t e oraaniza ion I no comoensate any o 1cer 1rec or trus ee or ev empoyee

(A) (B) (C) (D) (E) (F)

Name and Title Average Posrt1on Reportable Reportable Estimated hours (check all that apply) compensation compensation amount of per

§ from from related other

week the organ1zat1ons compensation '6 ll (W·2/1099·M ISC) from the l; !l organization

I E l I (W·2/1099·M ISC) organ1zat1on

~ 2 0

)I and related 0 ! a ~ I organ1zat1ons I ~ ,:1 f5

Matt Kibbe President 17.00 x x 121,471. 157,901. 20,136. Hon. Richard K. Armey Board Member 18.00 x 250,000. 300,000. 0. Hon. James H. Burnley Board Member 1.00 x 0. 0. 0. Thomas Knudsen Board Member 1.00 x o. 0. 0. Richard J. Stephensen Board Member 1.00 x o. 0. 0. Judy Mulcahy VP of Operations/Treasur 17.00 x 68,770. 89,396. 18,110. Wayne Brough VP of Research/Secretary 17.00 x 62,081. 80,699. 11,895. Mary Byrne VP of Development 17.00 x 62,659. 81,450. 7,548. Jaclynne Brown VP of External Affairs 17.00 x 56,723. 73,735. 15,785. Richard Walker OR State Director 17.00 x 50,482. 65,623. 14,927. John Jordan VP Fed. & State Campaiqn 17.00 x 46,766. 60,792. 12,079. Chris Kinnan VP Interactive Technoloq 17.00 x 59,582. 77,451. 8,124.

832007 12·18·08 Form 990 (2008) 7

20210511 739466 Freedomworks 2008.03050 Freedomworks, Inc. FREEDOM!

( I

Form 990 12008) Freedomwor k s, Inc. 52-1349353 Page8 I Part Vil I Section A. Officers Directors Trustees. Kev Emolovees. and Hiahest Compensated Emolol ees (contmued)

(A) (B) (C) (D) (E) (F)

Name and title Average Posrt1on Reportable Reportable Estimated hours (check all that apply) compensation compensation amount of per

~ from from related other

week the organ1zat1ons compensation 'B ., Is

I J!I organ1zat1on (W·2/1099·MISC) from the

I !! i (W·2/1099·MISC) organization

~ 2 0 and related 0 I ii a I I organizations j !! ~ ~I

1 b Total ~ 778,534. 987,047. 108,604. 2 Total number of 1nd1v1duals (including those in 1a) who received more than $100,000 in reportable

f compensation rom the oraan1zat1on 2 Yes No

3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on

line 1 a? If "Yes," complete Schedule J for such tndtvtdual 3 x 4 For any 1nd1v1dual listed on line 1a, 1s the sum of reportable compensation and other compensation from the organization

and related organ1zat1ons greater than $150,000? If "Yes," complete Schedule J for such tndtvtdual 4 x 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization for services rendered to

the oraan1zat1on? If "Yes "comolete Schedule J for such oerson 5 x Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from

h t e oroanizat1on.

(A) (B) (C) Name and business address Description of services Compensation

George Advertising, Inc., 16785 sw Parrett Advertising Mountain Road, Sherwood, OR 97140 Production 234,560. DC! Group, LLC., 2401 West Ber hr end Drive, Advertising #7, Phoenix, AZ 85027 Production 141,178. Morgan, Meredith & Associates, Inc., 2875 Printing & Mailing Towerview Road, #1000, Herndon, VA 20171 of Direct mail servi 133,674.

2 Total number of independent contractors (including those 1n 1) who received more than $100,000 1n compensation

from the oraan1zat1on ~ 3 Form 990 (2008)

832008 12·18·08


( . Form 990 {2008) Freedomworks, Inc. IPartVllt l Statement of Revenue

Cllu, 1 a Federated campaigns 1a --Cc ca:::, b Membership dues 1b .. 0 "!e c Fundra1sing events 1c ~~ CJ)~ d Related organ1zat1ons 1d ,n'e C·- e Government grants (contributions) 1e OCII

f All other contnbut1ons, gifts, grants, and ·-.. -GI _a.c s1m1lar amounts not included above 1f 4147545. :so C"tl g Noncash contnbut,ons Included In lines 1 a-1t $ oc O ca h Total. Add lines 1a-1f ....

Business Code GI 2 a u

·~ GI b GI :::, Cl>c c E~

d ca GI t;,a: 0 e .. a. f All other program service revenue

Q Total. Add lines 2a·2f .... 3 Investment income (1nclud1ng d1v1dends, interest, and

other s1m1lar amounts) .... 4 Income from investment of tax·exempt bond proceeds .... 5 Royalties ....

(I) Real Cul Personal

6 a Gross Rents 103,197. b Less· rental expenses

c Rental income or (loss) 103,197. d Net rental income or (loss) ....

7a Gross amount from sales of Ci\ Securities fi1\ Other

assets other than inventory

b Less: cost or other basis

and sales expenses

c Gain or (loss)

d Net gain or (loss) .... GI 8 a Gross income from fundra1s1ng events (not :::,

including$ of c GI > contributions reported on line 1 c) See GI a: .. Part IV, line 18 a GI .c b Less· direct expenses b 6

c Net income or (loss) from fundra1sing events .... 9 a Gross income from gaming act1v1t1es. See

Part IV, line 19 a

b Less: direct expenses b

c Net income or (loss) from gaming act1vrt1es .... 10 a Gross sales of inventory, less returns

and allowances a

b Less: cost of goods sold b

c Net income or Closs) from sales of 1nventorv .... Miscellaneous Revenue Business Code

11 a Affinity Program 900004 b List Rental 900004 c

d All other revenue

e Total. Add lines 11 a·11 d .... 12

832009 02-02-09

Total Revenue. Add Imes 1h 2a. 3 4 5 6d 7d 8c 9c 10c and 11e ....

(A) (B) Total revenue Related or

exempt function revenue

4,147,545.

37,209 •

103,197 •

42,003. 16,828.

58,831 . 4,346,782. o .

9 20210511 739466 Freedomworks 2008.03050 Freedomworks, Inc.

52-1349353 Paoe9

(C) (D) Unrelated Revenue

excluded from business tax under revenue sections 512,

513,or514

37,209.

103,197.

42,003. 16,828.

o. 199,237. Form 990 (2008)

FREEDOM!

•• Form 990 '2008 Freedomworks Inc. 52-1349353 Pa e10 Part IX Statement of Functional Expenses

Section 501 (c)(3) and 501 (c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C) and (0) I

Do not include amounts reported on lines 6b, (A) (B) (C) JD) 7b, Sb, 9b, and 10b of Part VIII.

Total expenses Program service Management and Fun raising exoenses aeneral exoenses exoenses

1 Grants and other assistance to governments and

organizations m the U S See Part IV, line 21

2 Grants and other assistance to 1nd1v1duals 1n

the U.S See Part IV, line 22

3 Grants and other assistance to governments,

organ1zat1ons, and ind1v1duals outside the U.S.

See Part IV, lines 15 and 16

4 Benefits paid to or for members

5 Compensation of current officers, directors,

trustees, and key employees 524,577. 425,622. 34,152. 64,803. 6 Compensation not included above. to d1squal1f1ed

persons (as defined under section 4958(f)(1)) and

persons described m section 4958(c)(3)(B)

7 Other salaries and wages 611,359. 391,029. 76,043. 144,287. 8 Pension plan contnbut1ons (include section 401 (k)

and section 403(b) employer contnbut1ons) 9,278. 5,934. 1,154. 2,190. 9 Other employee benefits 51,557. 32.977. 6.413. 12,167.

10 Payroll taxes 59,567. 38,100. 7,409. 14,058. 11 Fees for services (non·employees):

a Management

b Legal 73,557. 23.557. 50,000. c Accounting 83,022. 55,275. 9,845. 17,902. d Lobbying

e Professional fundra1smg services See Part IV, line 17 44,523. 44,523. f Investment management fees

g Other 172,264. 65,189. 383. 106,692. 12 Advert1s1ng and promotion 505,708. 505,400. 308. 13 Office expenses 41,944. 19,066. 17,250. 5,628. 14 Information technology 114,835. 98,997. 5,619. 10,219. 15 Royalties

16 Occupancy 332,547. 214,825. 41,768. 75,954. 17 Travel 80,648. 51.321. 1.977. 27,350. 18 Payments of travel or entertainment expenses

for any federal, state, or local public off1c1als

19 Conferences, conventions, and meetings 14,067. 13,682. 385. 20 Interest

21 Payments to affiliates

22 Deprec1at1on, depletion, and amort1zat1on 22,990. 22,346. 644. 23 Insurance 29,592. 19,116. 3,717. 6,759. 24 Other expenses Itemize expenses not covered

above (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below)

a Postage 583.719. 10,307. 4.084. 569,328. b Printing 382,359. 70,749. 3.255. 308,355. c TeleQhone 139,641. 122,080. 8.702. 8,859. d Rentals 50.480. 16,344. 278. 33,858. e Database management 22,494. 11.236. 2,112. 9,146. f All other expenses 57,584. 17,020. 9,781. 30,783.

25 Total functional expenses. Add Imes 1 throuah 24f 4,008,312. 2,230,172. 283,942. 1,494,198. 26 Joint Costs. Check here ..,. D 1f following

SOP 98-2 Complete this line only 1f the organization

reported m column (B) 1omt costs from a combined

educational camoa1on and fundra1smo sol1c1tat1on

832010 12-18-08 Form 990 (2008)


•• Form 990 12008) Free d omwor k s, Inc. 5 2 1 - 349353 I Part X I Balance Sheet

(A) (B) Beginning of year End of year

1 Cash · non·rnterest·beanng 192,961. 1 105,589. 2 Savrngs and temporary cash rnvestments 2

3 Pledges and grants recervable, net 3 103,500. 4 Accounts receivable, net 15,284. 4 8,367. 5 Receivables from current and former officers, directors, trustees, key

employees, or other related partres. Complete Part II of Schedule L 5

6 Receivables from other d1squalrfred persons (as defrned under section

4958(f)(1 )) and persons described 1n sectron 4958(c)(3)(B). Complete

Part II of Schedule L 6 (I) 7 Notes and loans receivable, net 7 ii

8 lnventones for sale or use (I) 8 ~ 9 Prepaid expenses and deferred charges 278,954. 9 269,004.

10a Land, buildings, and equrpment: cost basis 10a 632,602. b Less· accumulated deprec1at1on. Complete

Part VI of Schedule D 10b 548,904. 97,169. 10c 83,698. 11 Investments · publicly traded secun11es 939,318. 11 570,164. 12 Investments· other securities. See Part IV, lrne 11 12

13 Investments· program-related. See Part IV, lrne 11 13

14 Intangible assets 14

15 Other assets. See Part IV, line 11 183,330. 15 790,217. 16 Total assets. Add lines 1 throuah 15 lmust eaual lrne 34) 1,707,016. 16 1,930,539. 17 Accounts payable and accrued expenses 191,176. 17 312,419. 18 Grants payable 18

19 Deferred revenue 19

20 Tax·exempt bond lrab1lrt1es 20 (I) 21 GI

Escrow account lrabrlrty. Complete Part IV of Schedule D 21

~ 22 Payables to current and former officers, directors, trustees, key employees, :E highest compensated employees, and d1squalrfred persons. Complete Part II I'll ::i of Schedule L 22

23 Secured mortgages and notes payable to unrelated thrrd partres 23

24 Unsecured notes and loans payable 24

25 Other lrabrlrt1es. Complete Part X of Schedule D 155,825. 25 120,964. 26 Total liabilities. Add lines 17 throuah 25 347,001. 26 433,383.

Organizations that follow SFAS 117, check here .... 00 and complete (I) lines 27 through 29, and lines 33 and 34. GI u 27 Unrestricted net assets 1,348,128. 27 1,388,273. c I'll 11,887. 108,883. iii 28 Temporarily restricted net assets 28

Ill "C 29 Permanently restricted net assets 29 c .... Dand :::, Organizations that do not follow SFAS 117, check here LL ... complete lines 30 through 34. 0 (I)

30 Caprtal stock or trust principal, or current funds 30 -GI (I)

31 Pa1d·in or capital surplus, or land, bu1ld1ng, or equipment fund 31 ~ - 32 Retained earnings, endowment, accumulated rncome, or other funds 32 GI z 33 Total net assets or fund balances 1,360,015. 33 1,497,156. 34 Total lrab1lrt1es and net assets/fund balances 1,707,016. 34 1,930,539.

I Part XII Financial Statements and Reoortina Yes No

1 Accountrng method used to prepare the Form 990. Dcash 00 Accrual D Other

2a Were the organ1zat1on's frnanc1al statements comprled or reviewed by an rndependent accountant? 2a x b Were the organ1zat1on's financial statements audited by an independent accountant? 2b x c If 'Yes' to lines 2a or 2b, does the organ1zat1on have a committee that assumes respons1brlrty for oversight of the audrt,

review, or comp1lat1on of rts f1nancral statements and selection of an independent accountant? 2c x 3a As a result of a federal award, was the organ1zatron required to undergo an audrt or audrts as set forth rn the Srngle Audit

Act and OMB Circular A·133? 3a x b If 'Yes " did the oraan1zat1on underao the recurred audrt or audrts? 3b

832011 12-18-08 Form 990 (2008) 11

20210511 739466 Freedomworks 2008.03050 Freedomworks, Inc. FREEDOM!

I I

SCHEDULEC (Form 990 or 990-EZ)

Department of the Treasury Internal Revenue Service

Political Campaign and Lobbying Activities For Organizations Exempt From Income Tax Under section 501 (c) and section 527

.... To be completed by organizations described below.

.... Attach to Form 990 or Form 990-EZ.

OMB No 1545-0047

2008 Oper, ~Q P~blic

lnspectton

If the organization answered "Yes," to Form 990, Part IV, line 3, or Form 990-EZ, Part VI, line 46 (Political Campaign Activities), then

• Section 501 (c)(3) organ1zat1ons: Complete Parts l·A and 8. Do not complete Part l·C.

• Section 501 (c) (other than section 501 (c)(3)) organ1zat1ons. Complete Parts l·A and C below. Do not complete Part 1·8. • Section 527 organ1zat1ons: Complete Part l·A only.

If the organization answered "Yes," to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then

• Section 501 (c)(3) organizations that have filed Form 5768 (election under section 501 (h)): Complete Part ll·A Do not complete Part 11·8.

• Section 501 (c)(3) organizations that have NOT filed Form 5768 (election under section 501 (h)): Complete Part 11·8. Do not complete Part ll·A.

If the organization answered "Yes," to Form 990, Part IV, line 5 (Proxy Tax), then

• Section 501 c 4 5 lete Part Ill Name of organization Employer identification number

Freedomworks Inc. 52-1349353 Part l·A To be completed by all organizations exempt under section 501 (c) and section 527 organizations.

See the 1nstruct1ons for Schedule C for details.

1 Provide a descnpt1on of the organ1zat1on's direct and 1nd1rect polrt1cal campaign act1v1t1es 1n Part IV.

2 Pol1t1cal expenditures

3 Volunteer hours

I Part l·B I To be completed by all organizations exempt under section 501 (c)(3). See the instructions for Schedule C for details

1 Enter the amount of any excise tax incurred by the organ1zat1on under section 4955

2 Enter the amount of any excise tax incurred by organ1zat1on managers under section 4955

3 If the organ1zat1on incurred a section 4955 tax, did rt file Form 4720 for this year?

4a Was a correction made?

....$ _______ _

.... $ _______ _

.... $ ______ _

0Yes 0No

0Yes 0No

b If 'Yes ' describe 1n Part IV. I Part 1-C I To be completed by all organizations exempt under section 501 (c), except section 501 (c)(3).

See the 1nstruct1ons for Schedule C for details.

1 Enter the amount directly expended by the f1l1ng organization for section 527 exempt function act1v1t1es .... $ ----------2 Enter the amount of the filing organ1zat1on's funds contributed to other organ1zat1ons for section 527

exempt function act1v1t1es .... $ ----------3 Total of direct and indirect exempt function expenditures. Add lines 1 and 2 and enter here and on

Form 1120·POL, line 17b .... $ -~=~--~=--4 Did the filing organ1zat1on file Form 1120-POL for this year? D Yes D No

5 State the names, addresses and employer 1dent1f1cat1on number (EIN) of all section 527 political organ1zat1ons to which payments were made. Enter the amount paid and 1nd1cate 1f the amount was paid from the f1l1ng organization's funds or were pol1t1cal contributions received and promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If addrt1onal space 1s needed, provide information in Part IV.

(a) Name (b) Address (c) EIN (d) Amount paid from (e) Amount of political filing organ1zat1on's contnbut1ons received and

funds. If none, enter ·O·. promptly and directly delivered to a separate pol1t1cal organ1zat1on.

If none, enter ·O·.

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule C (Form 990 or 990-EZ) 2008

832041 12· 18·08


ScheduleC Form990or990-E 2008 FreedomWorks Inc. 52-1349353 Pa e2 Part II-A To be completed by organizations exempt under section 501(c)(3) that filed Form 5768

(election under section 501 (h)). See the 1nstruct1ons for Schedule C for details.

A Check .... D If the filing organ1zat1on belongs to an affiliated group.

B Ch k .... D f fil h k db A d 'I I' ec I the 1 1no oroan1zat1on c ec e ox an 1mrted contro prov1s1ons aoo1v.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)

1a Total lobbying expenditures to influence public opinion (grassroots lobbying)

b Total lobbying expenditures to influence a leg1slat1ve body (direct lobbying)

c Total lobbying expenditures (add lines 1 a and 1 b)

d Other exempt purpose expenditures

e Total exempt purpose expenditures (add lines 1c and 1d)

f

g

h

i

Lobbying nontaxable amount. Enter the amount from the following table In both columns.

llthe amount on line 1e, column (a) or (b) is: The lobbying nontaxable amount is:

Not over $500 000 20% of the amount on line 1 e.

Over $500 000 but not over $1 000 000 $100 000 olus 15% of the excess over $500 000.

Over $1 000 000 but not over $1 500 000 $175 000 olus 10% of the excess over $1 000 000

Over $1 500 000 but not over $17 000 000 $225 000 olus 5% of the excess over $1 500 000.

Over $1 7 000 000 $1000000

Grassroots nontaxable amount (enter 25% of line 1f)

Subtract line 1 g from line 1 a. Enter ·O· 1f line g 1s more than line a

Subtract line 1 f from line 1 c. Enter ·O· 1f line f IS more than line c

If there 1s an amount other than zero on either line 1 h or line 11, did the organization file Form 4 720

reporting section 4911 tax for this year? 4-Year Averaging Period Under Section 501 (h)

(a) Filing organ1zat1on's

totals

(Some organizations that made a section 501 (h) election do not have to complete all of the five columns below. See the instructions for lines 2a through 2f of the instructions.)

Lobbying Expenditures During 4-Year Averaging Period

Calendar year (a) 2005 (b) 2006 (c) 2007 (d) 2008 (or fiscal year beginning in)

2a Lobby1na non-taxable amount

b Lobbying ce1l1ng amount (150% of line 2a, column(e))

c Total lobbv1na exoend1tures

d Grassroots non-taxable amount

e Grassroots ceiling amount (150% of line 2d, column (e))

f Grassroots lobbv1na exoend1tures

(b) Affiliated group totals

Dves 0No

(e) Total

Schedule C (Form 990 or 990-EZ) 2008

832042 12-18-08


Schedule C Form990or990·E 2ooa Freedomworks Inc. 52-1349353 Pa e3

1

To be completed by organizations exempt under section 501(c)(3) that have NOT filed Form 5768 (election under section 501 (h)). See the instructions for Schedule c for details

(a) (b)

Yes No Amount

Dunng the year, did the filing organ1zat1on attempt to influence foreign, national, state or

local leg1slat1on, including any attempt to influence public opinion on a leg1slat1ve matter

or referendum, through the use of:

a Volunteers?

b Paid staff or management (Include compensation 1n expenses reported on lines 1 c through 11)?

c Media advertisements?

d Mailings to members, legislators, or the public?

e Pubhcat1ons, or published or broadcast statements?

f Grants to other organ1zat1ons for lobbying purposes?

g Direct contact wrth legislators, their staffs, government officials, or a leg1slat1ve body?

h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means?

i Other act1v1t1es? If 'Yes,' describe 1n Part IV

j Total lines 1 c through 11

2a Did the act1v1t1es 1n line 1 cause the organization to be not described 1n section 501 (c)(3)?

b If 'Yes,' enter the amount of any tax incurred under section 4912

c If 'Yes,' enter the amount of any tax incurred by organ1zat1on managers under section 4912

d If the f11ina oraan1zat1on incurred a section 4912 tax did 1t file Form 4720 for this vear?

!Part HI-Al To be completed by all organizations exempt under section 501(c)(4), section 501(c)(5), or section 501 c 6 . See the 1nstruct1ons for Schedule C for details

Yes No

1 Were substantially all (90% or more) dues received nondeductible by members? 1 x 2 Did the organ1zat1on make only in-house lobbying expenditures of $2,000 or less? 2

Part llf-B To be completed by all organizations exempt under section 501(c)(4), section 501(c)(5), or section 501 (c)(6) if BOTH Part Ill-A, questions 1 and 2 are answered "No" OR if Part Ill-A, question 3 is answered "Yes." See Schedule C 1nstruct1ons for details.

1 Dues, assessments and s1m1lar amounts from members 1

2 Section 162(e) non-deductible lobbying and polrt1cal expenditures (do not include amounts of political

expenses for which the section 527(f) tax was paid).

a Current year 2a

b Carryover from last year 2b

c Total 2c

3 Aggregate amount reported In section 6033(e)(1 )(A) notices of nondeductible section 162(e) dues 3

4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess

does the organ1zat1on agree to carryover to the reasonable estimate of nondeductible lobbying and political

expenditure next year? 4

5 Taxable amount of lobbv1na and ool1t1cal exoend1tures (line 2c total minus 3 and 4) 5

!Part IV I Sunnlemental Information

x x

Complete this part to provide the descnpt1ons required for Part l·A, line 1; Part l·B, line 4; Part l·C, line 5, and Part ll·B, line 11 Also, complete this part

for any add1t1onal 1nformat1on

Schedule C (Form 990 or 990-EZ) 2008

832043 12-18-08


Schedule D (Form 990)


Supplemental Financial Statements .... Attach to Form 990. To be completed by organizations that

answered "Yes," to Form 990, Part IV, line 6, 7, 8, 9, 10, 11, or 12.

----------

OMB No 1545-0047

2008 Open to P\lbfic tnspeqtiqn

Name of the organization Employer identification number Freedomworks Inc. 52-1349353

Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete 1f the

organ1zat1on answered 'Yes' to Form 990, Part IV, line 6. (a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year

2 Aggregate contnbut1ons to (during year)

3 Aggregate grants from (during year)

4 Aggregate value at end of year

5 Did the organ1zat1on inform all donors and donor advisors 1n wnt1ng that the assets held 1n donor advised funds

are the organization's property, subject to the organization's exclusive legal control?

6 Did the organization inform all grantees, donors, and donor advisors 1n writing that grant funds may be used only

for charitable ur oses and not for the benefit of the donor or donor advisor or other 1m erm1ss1ble rivate benefit? Part U Conservation Easements. Com lete 1f the organ1zat1on answered 'Yes' to Form 990, Part IV, line 7.

1 Purpose(s) of conservation easements held by the organization (check all that apply).

0Yes

0Yes

D Preservation of land for public use (e.g., recreation or pleasure) D Preservation of an h1stoncally important land area

D Protection of natural habitat D Preservation of certified historic structure

D Preservation of open space

0No

0No

2 Complete lines 2a·2d If the organ1zat1on held a qualified conservation contnbut1on In the form of a conservation easement on the last day

of the tax year.

a Total number of conservation easements

b Total acreage restricted by conservation easements

c Number of conservation easements on a certified h1stonc structure included 1n (a)

d Number of conservation easements included in (c) acquired after 8/17/06

Held at the End of the Year

2a

2b

2c

2d

3 Number of conservation easements mod1f1ed, transferred, released, extinguished, or terminated by the organization dunng the taxable year .... ______ _

4 Number of states where property subject to conservation easement 1s located ....

5 Does the organ1zat1on have a written policy regarding the periodic monitonng, inspection, v1olat1ons, and

enforcement of the conservation easements rt holds?

6 Staff or volunteer hours devoted to mon1tonng, inspecting, and enforcing easements during the year ....

0Yes 0No

7 Amount of expenses incurred In monitoring, 1nspect1ng, and enforcing easements during the year .... $ -------8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(8)(1)

and section 170(h)(4)(B)(11)? 0Yes 0No

9 In Part XIV, describe how the organ1zat1on reports conservation easements in rts revenue and expense statement, and balance sheet, and

include, 1f applicable, the text of the footnote to the organization's financial statements that describes the organ1zat1on's accounting for

conservation easements.

I Part UI ! Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 8

1 a If the organization elected, as permitted under SFAS 116, not to report 1n its revenue statement and balance sheet works of art, h1stoncal

treasures, or other similar assets held for public exh1brt1on, education, or research in furtherance of public service, provide, in Part XIV, the text of

the footnote to its financial statements that describes these items.

b If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art, h1stoncal treasures,

or other s1m1lar assets held for public exh1brt1on, education, or research 1n furtherance of public service, provide the following amounts relating to

these items:

(i) Revenues included in Form 990, Part VIII, line 1

(ii) Assets included in Form 990, Part X

.... $ _______ _

.... $ _______ _

2 If the organ1zat1on received or held works of art, h1stoncal treasures, or other s1m1lar assets for financial gain, provide

the following amounts required to be reported under SFAS 116 relating to these items:

a Revenues included 1n Form 990, Part VIII, line 1

b Assets included in Form 990, Part X

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

832051 12-23-08

20210511 739466 Freedomworks 23


.... $ ______ _

.... $ _______ _

Schedule D (Form 990) 2008

FREEDOM!

I t I • l

Schedule b Form 990 2008 FreedomWorks Inc. 52-1349 35 3 Pa e 2 Part UI Or anizations Maintainin Collections of Art Historical Treasures or Other Similar Assets continue

3 Using the organ1zat1on's accession and other records, check any of the following that are a s1gnlf1cant use of rts collection Items (check all that apply)·

a D Public exh1brt1on d D Loan or exchange programs

b D Scholarly research e D Other ~~~~~~~~~~~~~~~~~~~~~~~

c D Preservation for future generations

4 Provide a descnpt1on of the organization's collections and explain how they further the organization's exempt purpose 1n Part XIV.

5 Dunng the year, did the organ1zat1on solicit or receive donations of art, historical treasures, or other s1m1lar assets

to be sold to raise funds rather than to be ma1nta1ned as art of the or anizat1on's collection? D Yes D No

Part IV Trust, Escrow and Custodial Arrangements. Complete If organization answered 'Yes' to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

1a Is the organ1zat1on an agent, trustee, custodian or other 1ntermed1ary for contnbut1ons or other assets not included

on Form 990, Part X?

b If 'Yes,' explain the arrangement 1n Part XIV and complete the following table:

c Beginning balance

d Additions during the year

e D1str1but1ons during the year

Ending balance

2a Did the organization include an amount on Form 990, Part X, line 21?

b If 'Y I h t P rt XIV es exo1a1n t e arranaemen 1n a I PartV I Endowment Funds. Complete 1f organ1zat1on answered 'Yes' to Form 990, Part IV, line 10

1c

1d

1e

1f

Dves 0No

Amount

Dves 0No

la) Current vear lb) Prior vear le) Two vea rs back ldl Three vea rs back le) Four vears back

1a Beginning of year balance

b Contributions

c Investment earnings or losses

d Grants or scholarships

e Other expenditures for fac11it1es

and programs

f Adm1n1strat1ve expenses

9 End of year balance

2 Provide the estimated percentage of the year end balance held as·

a Board designated or quas1·endowment ~ %

b Permanent endowment ~ %

c Term endowment ~ %

3a Are there endowment funds not 1n the possession of the organization that are held and administered for the organ1zat1on

by:

4

(i) unrelated organ1zat1ons

(ii) related organizations

b If 'Yes' to 3a(n), are the related organ1zat1ons listed as required on Schedule R?

D P XIV f h d f d escnbe In art the intended uses o t e oraanizat1on sen owment un s. I Part VI I Investments - Land, Buildings, and Equipment. See Form 990, Part x. line 1 o.

Description of investment (a) Cost or other (b) Cost or other basis (investment) basis (other)

1a Land

b Bu1ld1ngs

c Leasehold improvements 146,358. d Equipment 416,772. e Other 69,472.

Total. Add lines 1a·1e. (Column fdl should eaual Form 990 Part X column (BJ /me 10fcl l

(c) Deprec1at1on

107,737. 375,298.

65,869. ~

Yes No

3alil

3aliil

3b

(d) Book value

38,621. 41,474.

3,603. 83,698.


832052 12-23·08

20210511 739466 Freedomworks 24

2008.03050 Freedomworks, Inc. FREEDOM!

~ ' . . . Schedule (Form 990) 2008 Free d w k om or s, Inc. 52 1349353 - Paoe3

! Part VIII Investments - Other Securities. See Form 990, Part x. line 12 (a) Description of security or category (b) Book value (c) Method of valuation·

(Including name of security) Cost or end·of·year market value

Financial derivatives and other financial products

Closely-held equity interests

Other

Total. {Col lbl should eaual Form 990 Part X col IBl line 12 l ~

I Part VIII I Investments - Proaram Related. See Form 990 Part X line 13.

(a) Description of investment type (b) Book value (c) Method of valuation: Cost or end·of·year market value

Total. (Col lb\ should eaual Form 990 Part X col 18\ line 13 l ~ ! Part IX I Other Assets. See Form 990, Part X, hne 15

(a) Description (b) Book value

Due from related orqanizations 790,217.

Total. (Column (bJ should eaual Form 990 Part X col f8l /me 15.l ~ 790,217. I Part X I Other Liabilities. See Form 990, Part X, hne 25.

(a) Description of hab1hty (b) Amount

Federal income taxes Deferred rent 120,964.

Total. (Column (bJ should eaual Form 990 Part X col (8) /me 25 J ~ 120,964. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organ1zat1on's hab1hty for uncertain tax posrt1ons

under FIN 48. 832053 12-23-08

20210511 739466 Freedomworks 25



FREEDOM!

' t • I

Schedule (Form 990) 2008 Free om or d w k s, I nc. 52 13 - 49353 Page4 I Part XI I Reconciliation of Change in Net Assets from Form 990 to Financial Statements

1 Total revenue (Form 990, Part VIII, column (A), line 12) 1 4,346,782. 2 Total expenses (Form 990, Part IX, column (A), line 25) 2 4,008,312. 3 Excess or (deficit) for the year. Subtract line 2 from line 1 3 338,470. 4 Net unrealized gains (losses) on investments 4 <201,329. 5 Donated services and use of fac11it1es 5 6 Investment expenses 6 7 Prior period adjustments 7

6 Other (Describe In Part XIV) 8 9 Total adjustments (net). Add Imes 4·8 9 <201,329.

10 Excess or ldef1crt) for the vear per financial statements Combine Imes 3 and 9 10 137,141. I Part XH I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return

1 Total revenue, gains, and other support per audited financial statements 1 4,145,454. 2 Amounts Included on line 1 but not on Form 990, Part VIII, line 12

a Net unrealized gains on investments 2a <201,329. > b Donated services and use of fac1l1t1es 2b

c Recoveries of pnor year grants 2c

d Other (Describe in Part XIV) 2d

e Add Imes 2a through 2d 2e <201,329. 3 Subtract line 2e from line 1 3 4,346,783. 4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line ?b I 4a I b Other (Describe In Part XIV) 4b

c Add Imes 4a and 4b 4c 0. 5 Total revenue. Add Imes 3 and 4c. <This should eaual Form 990 Part I line 12.) 5 4,346,783.

I Part XUII Reconciliation of Expenses per Audited Financial Statements With Expenses'per Return 1 Total expenses and losses per audited financial statements 1 4,008,312. 2 Amounts included on line 1 but not on Form 990, Part IX, line 25:

a Donated services and use of fac11it1es 2a

b Pnor year adjustments 2b

c Losses reported on Form 990, Part IX, line 25 2c

d Other (Describe 1n Part XIV) 2d

e Add lines 2a through 2d 2e 0. 3 Subtract hne 2e from line 1 3 4,008,312. 4 Amounts included on Form 990, Part IX, line 25, but not on line 1:

I 4a I a Investment expenses not included on Form 990, Part VIII, line ?b

b Other (Describe in Part XIV) 4b

c Add lines 4a and 4b 4c o. 5 Total expenses. Add hnes 3 and 4c. <This should eaual Form 990 Part I line 18.l 5 4,008,312.

I Part XIVI Supplemental Information Complete this part to provide the descriptions required for Part II, Imes 3, 5, and 9, Part Ill, Imes 1 a and 4; Part IV, Imes 1 band 2b; Part V, line 4; Part

X; Part XI, line 8; Part XII, Imes 2d and 4b; and Part XIII, Imes 2d and 4b.

832054 12-23-08

20210511 739466 Freedomworks 26



FREEDOM!

>

>

>

•, I • • I

SCHEDULE G (Form 990 or 990-EZ)

Supplemental Information Regarding Fundraising or Gaming Activities

OMB No 1545-0047

2008 Department of the Treasury Internal Revenue Service

.... Attach to Form 990 or Form 990-EZ. Must be completed by organizations that answer "Yes" to Form 990, Part IV, llnes 17, 18, or 19, and by organizations that enter more than $15,000 on Form 990-EZ, llne 6a. Open To Publie

Inspection Name of the organ1zat1on Employer identification number

FreedomWorks Inc. 52-1349353 art I Fundraising Activities. Complete If the organization answered 'Yes' to Form 990, Part IV, line 17.

1 Indicate whether the organ1zat1on raised funds through any of the following act1vrt1es. Check all that apply.

a [][] Mail sol1c1tat1ons e [][] Sol1c1tat1on of non-government grants

b [][] Email sohcrtat1ons f D Sohcrtat1on of government grants

c [][] Phone sol1crtat1ons g D Special fundra1s1ng events

d [][] In-person sohcrtat1ons

2 a Did the organ1zat1on have a written or oral agreement with any 1nd1v1dual (including officers, directors, trustees or

key employees listed in Form 990, Part VII) or entity in connection with professional fundra1s1ng services? [][] Yes 0No b If 'Yes,' list the ten highest paid 1nd1v1duals or entities (fundra1sers) pursuant to agreements under which the fundra1ser 1s to be

compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.

(i) Name of 1nd1v1dual (ii~ Did (iv) Gross receipts (v) Amount paid (vi) Amount paid

(ii) Act1v1ty fun raiser to (or retained by) to (or retained by) or entity (fundra1ser) h~,v~~~~r~r from act1v1ty fund raiser contnbut1ons? listed in col. (i) organ1zat1on

Clearword Fundraising Yes No

Communication Group, counsel x 632,435. 44,523. 587,912.

Total .... 632,435 . 44,523. 587,912. 3 List all states in which the organization 1s registered or licensed to sol1c1t funds or has been not1f1ed 1t 1s exempt from reg1strat1on or licensing.

AL,AK,AR,AZ,CA,CO,CT,DE,FL,GA,HI,ID,IL,IN,IA,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO MT,NE,NV,NJ,NM,NY,NC,ND,OH,OK,OR,NH,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule G (Form 990 or 990-EZ) 2008

832081 12-18-08


f • J.. • '

Cl) :, c: Cl) > 1 Cl)

a:

2

3

4

en 5 Cl) en c: Cl)

l 6

0 ~ 7 0

8

9

Form990or990·E 2008 Freedomworks Inc. 52-1349353 Pa e2 Fundraising Events. Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 18, or reported more than $15,000

on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000. (a) Event #1 (b) Event #2 (c) Other Events

(d) Total Events

(Add col. (a) through

(event type) (event type) (total number) col. (c))

Gross receipts

Less: Charitable contnbut1ons

Gross revenue Cline 1 minus line 2)

Cash pnzes

Non-cash prizes

Rent/fac1l1ty costs

Other direct expenses

Direct expense summary Add lines 4 through 7 1n column (d) .... (

Net income summarv. Combine lines 3 and 8 1n column (dl .... I Part UI I Gaming. Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 19, or reported more than

' ' $15 000 on Form 990-EZ line 6a

Cl) (b) Pull tabs/Instant (d) Total gaming (Add

)

(a) Bingo (c) Other gaming :, bingo/progressive bingo col. (a) through col. (c)) c: Cl) > Cl)

a: 1 Gross revenue

en 2 Cash pnzes Cl) en c: Cl)

3 Non-cash prizes a ~ 0

Rent/fac1hty costs ~ 4 0

5 Other direct expenses

Dves % Dves % Dves %

6 Volunteer labor 0No 0No 0No

7 Direct expense summary. Add lines 2 through 5 In column (d) .... ( )

8 Net aam1na income summarv Combine lines 1 and 7 1n column (dl .... Yes No

9 Enter the state(s) in which the organ1zat1on operates gaming act1vrt1es

a Is the organ1zat1on licensed to operate gaming act1v1t1es 1n each of these states? 9a

b If 'No,' Explain:

1 Oa Were any of the organization's gaming licenses revoked, suspended or terminated dunng the tax year? 10a b If 'Yes,' Explain:

11 Does the organization operate gaming act1v1t1es with nonmembers? 11 12 Is the organ1zat1on a grantor, benef1c1ary or trustee of a trust or a member of a partnership or other entity formed to

adm1n1ster charitable aamina? 12

Schedule G (Form 990 or 990-EZ) 2008

832082 00-18-09


.. .. ( • t

Schedule G <Form 990 or 990-EZl 2008 F ree d w om or k s, Inc. - 5 52 13493 3 Paoe 3 Yes No

13 Indicate the percentage of gaming activity operated in:

a The organization's fac1lrty 13a % b An outside fac1lrty 13b %

14 Provide the name and address of the person who prepares the organization's gam1ng/spec1al events books and records:

Name•

Address •

15a Does the organization have a contract wrth a third party from whom the organ1zat1on receives gaming revenue? 15a

b If 'Yes,' enter the amount of gaming revenue received by the organ1zat1on .$ and the amount

of gaming revenue retained by the third party .$ c If 'Yes,' enter name and address.

Name•

Address •

16 Gaming manager 1nformat1on:

Name•

Gaming manager compensation • $

Descnpt1on of services provided •

D Director/officer D Employee D Independent contractor

17 Mandatory d1stnbut1ons:

a Is the organization required under state law to make charitable d1stnbut1ons from the gaming proceeds to

retain the state gaming license? 17a

b Enter the amount of d1stnbut1ons required under state law d1stnbuted to other exempt organ1zat1ons or spent In the

oraanizat1on's own exemot act1v1t1es dunno the tax vear • $

Schedule G (Form 990 or 990-EZ) 2008

832083 12-18-08


• ' >( • •

SCHEDULE J (Form 990)


Compensation Information For certain Officers, Directors, Trustees, Key Employees, and Highest

Compensated Employees

.... Attach to Form 990. To be completed by organizations that answered "Yes" to Form 990, Part IV, line 23.

OMB No 1545-0047

2008

I Employer identification number

52-1349353 Name of the organization

Freedomworks, Inc. Part I l Questions Regarding Comoensation

1a Check the appropriate box(es) rf the organrzatron provrded any of the following to or for a person listed rn Form 990,

Part VII, Section A. lrne 1 a Complete Part Ill to provide any relevant rnformatron regarding these items.

[X] First-class or charter travel D Housing allowance or residence for personal use

D Travel for companions D Payments for business use of personal residence

D Tax 1ndemnrf1cat1on and gross-up payments D Health or sacral club dues or 1n1trat1on fees

D Drscretronary spending account D Personal services (e.g., mard, chauffeur, chef)

b If lrne 1 a rs checked, did the organrzatron follow a written policy regardrng payment or reimbursement or provrsron

of all of the expenses described above? If 'No,' complete Part Ill to explain

2 Ord the organrzatron require substantratron prior to rermbursrng or allowing expenses incurred by all officers, directors,

trustees, and the CEO/Executive Director, regarding the items checked rn line 1 a?

3 Indicate whrch, rf any, of the following the organrzatron uses to establish the compensation of the organrzatron's

CEO/Executive Director. Check all that apply.

00 Compensation committee D Written employment contract

D Independent compensation consultant 00 Compensation survey or study

[X] Form 990 of other organrzatrons [X] Approval by the board or compensation committee

4 During the year, drd any person listed rn Form 990, Part VII, Section A, line 1 a:

a Receive a severance payment or change of control payment?

b Partrcrpate rn, or receive payment from, a supplemental nonqualrfred retirement plan?

c Partrcrpate rn, or receive payment from, an equrty·based compensation arrangement?

If 'Yes' to any of lines 4a·c, lrst the persons and provide the applicable amounts for each rtem rn Part Ill.

Only 501 (c)(3) and 501 (c)(4) organizations must complete lines 5-8.

5 For persons listed rn Form 990, Part VII, Sectron A, line 1a, did the organrzatron pay or accrue any compensation

contingent on the revenues of:

a The organrzatron?

b Any related organrzatron?

If 'Yes,' to lrne Sa or Sb, describe rn Part Ill.

6 For persons listed rn Form 990, Part VII, Sectron A, lrne 1 a, drd the organrzatron pay or accrue any compensation

contingent on the net earnings of:

a The organrzatron?

b Any related organrzatron?

If 'Yes' to line 6a or 6b, describe rn Part Ill.

7 For persons listed rn Form 990, Part VII, Section A, line 1 a, drd the organrzatron provide any non·frxed payments

not described rn lines 5 and 6? If 'Yes,' describe rn Part Ill

8 Were any amounts reported rn Form 990, Part VII, pard or accrued pursuant to a contract that was subject to the

1nrt1al contract exceotron described rn Reas. section 53 4958·41a\13\? If 'Yes ' describe rn Part Ill

Yes No

1b X

2 x

4a x 4b x 4c x

5a x 5b x

6a x 6b x

7 x

8 x LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2008

832111 12-23-08

20210511 739466 Freedomworks 30

2008.03050 FreedomWorks, Inc. FREEDOM!

Schedule J (Form 990) 2008 Freedomworks, Inc. 52-1349353 Page2

Part U l Officers, Directors, Trustees, Key Emp!oyees, and Highest Compensated Employees. Use Schedule J-1 1f add1t1onal space 1s needed

For each 1nd1v1dual whose compensation must be reported in Schedule J, report compensation from the organization on row (0 and from related organ1zat1ons, descnbed in the instructions, on row ~1). Do not list any individuals that are not listed on Form 990, Part VII

Note. The sum of columns (B)(iH10 must equal the applicable column (D) or column (E) amounts on Form 990, Part Vil, line 1 a

(B) Breakdown of W-2 and/or 1099-MISC compensation (C) (D) (E) (F)

Deferred Nontaxable Total of columns Compensation

(A) Name (i) Base (ii) Bonus & (iii) Other compensation benefits (B)(O-(D) reported 1n pnor

compensation incentive compensation Form 990 or compensation

Form 990-EZ

(i) 116,916. o. 4,555. 3,927. 4,828. 130,226. 0. Matt Kibbe (ii) 151,980. o. 5, 921. 5,104. 6,277. 169,282. 0.

(i) 227,273. 22,727. o. 0. o. 250,000. 0. Hon. Richard K. Armey (iii 272,727. 27,273. 0. 0. o. 300,000. o.

(i) 62,248. 6,522. 0. 2,326. 5,548. 76,644. 0. Judy Mulcahy (ii) 80,918. 8,478. o. 3,024. 7,212. 99,632. o.

(i) 62,081. o. 0. 1,814. 3,358. 67,253. o. wavne Brough (ii) 80,699. 0. 0. 2,357. 4,366. 87,422. 0.

(i) 62,659. 0. 0. 736. 2,546. 65,941. 0. Mary Byrne (ii) 81,450. 0. 0. 956. 3,310. 85,716. o.

(i)

(ii)

(i)

(ii)

(i)

(ii)

(i)

(iii

(i)

(ii)

(i)

(ii)

(i)

(ii}

(i)

(ii)

(i)

(ii)

(i)

(ii)

(i)

(ii)

Schedule J (Form 990) 2008

832112 12·23·08 31

,• •

A

SCHEDULE L (Fc)rm 990 or 990-EZ)

Department of the Treasury Internal Revenue Servlca

Name of the organization

Transactions with Interested Persons .... Attach to Form 990 or Form 990-EZ.

.... To be completed by organizations that answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,

or Form 990-EZ, Part V, lines 38a or 40b.

Freedomworks Inc. Part I Excess Benefit Transactions (section 501 (c)(3) and section 501 (c)(4) organ1zat1ons only).

OMB No 154~0047

2008 Open To Public lnspectlon

Employer identification number

52-1349353

To be comoleted bv oraanizat1ons that answered 'Yes' on Form 990 Part IV line 25a or 25b or Form 990·EZ P VI art ine 40b. 1

(a) Name of d1squallf1ed person (b) Description of transaction lcl Corrected? Yes No

2 Enter the amount of tax imposed on the organ1zat1on managers or d1squal1f1ed persons during the year under section 4958 ..,. $ _______ _

3 Enter the amount of tax, If any, on line 2, above, reimbursed by the organization .... $ _______ _

I Part II I Loans to and/or From Interested Persons. T I db d "Y ' F o be comoete >v oraan1zat1ons that answere es on orm art ine or 990 P IV I 26 F orm a ine 990 EZ P rt V I 38 a.

(a) Name of interested (b) Loan to or from (c) Original principal (d) Balance due (e) In (f) Approved (g) Written person and purpose the organ1zat1on? amount default? by board or agreement? committee?

To From Yes No Yes No Yes No

Total .... $ I ParllHI Grants or Assistance Benefiting Interested Persons.

To be comoleted bv oraanizat1ons that answered 'Yes' on Form 990 Part IV 1ne 2 7.

(a) Name of interested person (b) Relat1onsh1p between interested person and (c) Amount of grant or type the organ1zat1on of assistance

I' Part IV I Business Transactions Involving Interested Persons. To be como eted bv oraan1zat1ons that answered 'Y ' F es on orm 990 P IV I art 1nes a or 28 28b 28 c.

(a) Name of interested person (b) Relat1onsh1p between interested (c) Amount of (d) Description of (e) Sharing of organ1zat1on's person and the organization transaction transaction revenues? Yes No

Richard K. Armev !Board member 250,000. Consultinq x Terrv Kibbe !President's spouse 49,500. Manaqement x

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule L (Form 990 or 990-EZ) 2008

See Schedule O for Schedule L Continuations

832131 12·17·08


"'- • .oc; ' • •

SCHEDULEO (Form 990)

Department of the Treasury Internal Revenue SeN1ce

Supplemental Information to Form 990 .... Attach to Form 990. To be completed by organizations to provide

additional information for responses to specific questions for the Form 990 or to provide any additional information.

OMB No 1545-0047

2008 Open to Public lnspectiQn

Name of the organ1zat1on Employer identification number Freedomworks Inc. 52-1349353

Form 990, Part I, Line 1, Description of Organization Mission:

focus on fiscal and economic policy.

Form 990, Part III, Line 2, New Program Services:

Freedomworks Oregon engaged in a statewide energy campaign to educate

citizens on the importance of developing a sound energy policy.

Specifically, this campaign launched a campaign website, ran

educational advertisements, conducted grassroots training events in the

field and engaged a poll of Oregon voters.

Form 990, Part III, Line 4d, Other Program Services:

Federal Campaigns

Expenses$ 255020. including grants of$ O. Revenue$ O.

Regulation

Expenses$ 204066. including grants of$ O. Revenue$ 0.

Strategy

Expenses$ 127818. including grants of$ O. Revenue$ O.

Environment & Energy

Expenses$ 80841. including grants of$ 0. Revenue$ O.

Research

Expenses$ 34411. including grants of$ 0. Revenue$ 0.

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 832211 12·18·08


Schedule O (Form 990) 2008

FREEDOMl

----------------~ ----



Supplemental Information to Form 990 ._ Attach to Form 990. To be completed by organizations to provide


OMB No 1545-0047

2008 Open to P\lbfic Inspection

Name of the organ1zat1on Employer identification number Freedomworks Inc. 52-1349353

Governmental Affairs


Legal Reform


Form 990, Part VI, Section A, line 6: Freedomworks has members.

Form 990, Part VI, Section A, line 7a: According to Freedomworks bylaws,

one member of the Board of Trustees is to be elected by the members.

Form 990, Part VI, Section A, line 10: A copy of the 990 was provided to

the senior staff and reviewed by board audit committee members before it

was filed.

Form 990, Part VI, Section B, Line 12c: Governance and Ethics Policy is

signed annually by the Board of Directors and employees. Freedomworks

directors and employees shall disclose annually to the Secretary any direct

conflict between their own individual interests and those of Freedomworks.

If such conflict does exist, the director or employee shall provide the

Secretary written notice of such relationship and shall refrain from

attempting to exert any influence on Freedomworks until the matter has been

reviewed and resolved.

Form 990, Part VI, Section B, Line 15: The process includes completion of

a compensation study based on information obtained from our outside general LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 832211 12-18-08



FREEDOM!

SCHEDULE O (Form 990)


Name of the organization

Supplemental Information to Form 990 .... Attach to Form 990. To be completed by organizations to provide


Freedomworks Inc.

OMB No 154!>-0047

2008 Opefl. to Pu~ lnspeqtion

Employer identification number 52-1349353

counsel and other Washington, DC based, non-profit organizations with

similar budgets. 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 CEO, Treasurer and Chairman. The

process for determining compensation of other officers or key employees of

the organization is determined by the President.

Form 990, Part VI, Line 17, List of States receiving copy of Form 990:

AL,AK,AR,AZ,CA,CO,CT,DE,FL,GA,HI,ID,IL,IN,IA,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO

MT,NE,NV,NJ,NM,NY,NC,ND,OH,OK,OR,NH,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,NH

Form 990, Part VI, Section c, Line 19: Freedomworks makes all the

documents available to the public by posting them on its website and/or

upon request.

Form 990, Part XI, Line 2C

Freedomworks has an audit committee that assumes responsibility for

oversight of the audit of its financial statements and selection of an

independent accountant.

Sch L, Part IV, Business Transactions Involving Interested Persons:

(a) Name of Person: Richard K. Armey

(d) Description of Transaction: Consulting Services

(a) Name of Person: Terry Kibbe LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 832211 12-18-08 ,



FREEDOM!



Name of the organrzatron

Supplemental Information to Form 990 ~ Attach to Form 990. To be completed by organizations to provide


FreedomWorks Inc.

(d) Description of Transaction: Management consulting

Form 990, Part VII, section A, Column B

Average Hours Per Week on Related Organization

Hon. Richard K. Armey, Director, 22 hours per week

Matt Kibbe, President, 23 hours per week

OMB No 1545-0047

2008 Open to Public Inspection

Employer identification number 52-1349353

Judy Mulcahy, VP of Operations/Treasurer, 23 hours per week

Wayne Brough, VP of Research/Secretary, 23 hours per week

Mary Byrne, VP of Development, 23 hours per week

Jaclynne Brown, VP of External Affairs, 23 hours per week

Richard Walker, OR State Director, 23 hours per week

John Jordan, VP Fed. & State Campaign, 23 hours per week

Chris Kinnan, VP Interactive Technologies, 23 hours per week

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 832211 12-18-08



FREEDOM!

SCHEDULER (Form 990) Department of the Treasury Internal Revenue Sery_1~

Related Organizations and Unrelated Partnerships

.... Attach to Form 990. To be completed by organizations that answered "Yes" to Form 990, Part IV, lines 33, 34, 35, 36, or 37. .... See separate instructions.

OMB No 1545-004,7

2008 <>Den to Public

"Ill$J*:1lon

Name of the organization Employer identification number Freedomworksr Inc.

Part I Identification of Disregarded Entities

(A) (B) (C)

Name, address, and EIN Primary act1v1ty Legal dom1c1le (state or of disregarded entity foreign country)

Part It Identification of Related Tax-Exempt Organizations

(A) (B) (C)

Name, address, and EIN Pnmary act1v1ty Legal dom1c1le (state or of related organization foreign country)

FreedomWorks Foundation - 52-1526916 Promoting and supporting

601 Pennsylvania Ave. NW N. Building 1700 common sense economic

Washington DC 20004 policies. Pistrict of Columbia

FreedomWorks PAC - 52-2204395

601 Pennsylvania Ave. NW N. Building 1700

Washington DC 20004 Political Action Committee Pistrict of Columbia

Oregon FreedomWorks PAC - 93-1305086


Washington DC 20004 Political Action Committee Oregon

Taxpayer Defense Fund - 41-2108993


Washington DC 20004 Political Action Committee Oregon

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

832161 12-23-08 37

52-1349353

(0) (E) (F)

Total income End-of-year assets Direct controlling

entity

(0) (E) (F)

Exempt Code Public chanty Direct controlling

section status Of section entity 501 (c)(3))

50l(c)(3) 7 IN/A

i527 IN/A

527 IN/A

i521 IN/A

Schedule R (Form 990) 2008

!" ..

I'· ., Schedule R (Form 990) 2008 FreedomWorks, Inc. 52-1349 35 3 Page 2 ,

• Patt Ill Identification of Related Organizations Taxable as a Partnership -

(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) '

Name, address, and EIN Pnmary act1v1ty Legal dom1c1le Direct controlling Predominant income Share of total Share of D1sproporlion- CodeV-UBI General or

of related organization (state or entity (related, investment, income end-of-year ate allocabons? amount 1n box managrng rore,gn unrelated) assets 20 of Schedule ~~

country) Yes No K-1 (Form 1065) IYes No

Part IV Identification of Related Organizations Taxable as a Corporation or Trust

(A) (B) (C) (D) (E) (F) (G) (H)

Name, address, and EIN Pnmary act1v1ty Legal dom1c1le Direct controlling Type of entity Share of total Share of Percentage of related organ1zat1on (state or entity (C corp, S corp, income end-of-year ownership

lore1gn or trust) assets country)

Citizens for a Sound Economy Inc. - 20-2810833

601 Pennsylvania Ave. NW N. Building i700

Washington DC 20004 !Dormant DC IN/A C CORP o. o. 1001

832162 12-23-08 38 Schedule R (Form 990) 2008

I"

~ , , Schedule R (Form 990) 2008 Freedomworks, Inc. 52-1349 35 3 Page3 _.

PartV Transactions With Related Organizations

Note. Complete line 1 If any entity IS listed in Parts II. Ill, or IV. Yes No

1 Dunng the tax year, did the organ1zat1on engage 1n any of the following transactions with one or more related organ1zat1ons listed in Parts II-IV?

a Receipt of (i) interest (ii) annu1t1es (iii) royalties (iv) rent from a controlled entity 1a x b Gift, grant, or caprtal contnbut1on to other organ1zat1on(s) 1b x c Gift, grant, or caprtal contribution from other organ1zat1on(s) 1c x d Loans or loan guarantees to or for other organ1zat1on(s) 1d x e Loans or loan guarantees by other organ1zat1on(s) 1e x

f Sale of assets to other organ1zat1on(s) 1f x g Purchase of assets from other organ1zat1on(s) 1a x h Exchange of assets 1h x i Lease of fac1l1t1es, equipment, or other assets to other organ1zat1on(s) 1i x

j Lease of fac1l1t1es, equipment, or other assets from other organ1zat1on(s) 1i x k Performance of services or membership or fundra1s1ng sol1c1tat1ons for other organ1zat1on(s) 1k x I Performance of services or membership or fundra1s1ng sol1citat1ons by other organ1zat1on(s) 11 x m Shanng of fac1l1t1es, equipment, ma1l1ng lists, or other assets 1m x n Sharing of paid employees 1n x

o Reimbursement paid to other organization for expenses 1o x p Reimbursement paid by other organ1zat1on for expenses 1p x

q Other transfer of cash or property to other organ1zat1on(s) 1a x r Other transfer of cash or property from other oroan1zat1on(s) 1r x

-- -··- -----·-· -- -· -· ---- ----- -- . -- --- ---- -------------- ·-· ····-····------ --- ----- ···--- -- .. ---- ----- ····- ···-·---·- -- ---

(A) (B) (C)

Name of other organ1zat1on(s) Transaction Amount involved type (a-rl

,,,Freedomworks Foundation Q <72,051.>

,21Freedomworks Foundation M 1,199,656.

131FreedomWorks Foundation N 1,295,256.

t4l Freedomworks PAC 0 492.

1s10reqon Freedomworks PAC 0 8,775.

1a1Taxoaver Defense Fund 0 12,097. 832163 12-23-08 39 Schedule R (Form 990) 2008

,. ,._ ,

9

Schedule A (Form 990) 2ooa Freedomworks, Inc. 52-1349 35 3 Page4 .,.

P~Vf Unrelated Organizations Taxable as a Partnership

Provide the following information for each entity taxed as a partnership through which the organ1zat1on conducted more than five percent of rts act1v1t1es (measured by total assets or gross revenue) that was not a related organization. See 1nstruct1ons regarding exclusion for certain investment partnerships

832164 12-23-08

(A)

Name, address, and EIN of entity

(B)

Primary act1v1ty

(C)

Legal dom1c1le (state or foreign

country)

40

(D) (E)

Are all partners Share of end-of-section 501 (c)(3

year assets organ1zat1ons?

Yes No

(F) (G) (H)

D1spropor- CodeV-UBI General or t1onate amount in box 20 managing

allocabons? of Schedule K-1 oartner?

Yes No (Form 1065) Yes No

Schedule R (Form 990) 2008

/8

~ Schedule R-1 (Form 990)2008 FreedomWorks, Inc. 52-1349 35 3 Page 2 :

! Part Ii! Continuation of Identification of Related Tax-Exempt Organizations ',/'

(A) (8) (C) (D) {E) (F) <

Name, address, and EIN Pnmary act1v1ty Legal dom1c1le (state or Exempt Code Public charity Direct controlling of related organ1zat1on foreign country) section status ~f section entity

501 (c)(3))

Citizens for PERS Reform - 61-1422667


Washington DC 20004 ~olitical Action Committee !District of Columbia 527 ',.J/A

Judicial Integrity Coalition PAC -

20-4642730 601 Pennsylvania Ave. NW N.

Building 1700 Washington DC 20004 ~olitical Action Committee !District of Columbia :,27 N/A

CSE FreedomWorks Inc. - 52-1720193


Washington DC 20004 !Dormant !District of Columbia 501(c)(4) N/A

League of Freedom Voters - 52-1349353


Washington DC 20004 ~olitical Action Committee !District of Columbia 1527 N/A

Schedule R-1 (Form 990) 2008

832222 12-18-08 41

-·, Jt: ,._~

Schedule R-1 (Form 99012ooa FreedomWor ks , Inc . 5 2-13 4 9 3 5 3 Pages '!'

! Patt vi Continuation of Transactions With Related Organizations (Schedule R (Form 990), Part V, line 2) 4fl\

(A) (B) (C) . Name of other organ1zat1on Transaction Amount involved

type (a-r)

,n Citizens for PERS Reform 0 11,704.

ra1 Judicial Inteqritv Coalition 0 430.

{91

(101

{111

(12)

(131

{141

(15)

{161

(in

(181

(19)

(201

(211

(221

(231

(241

Schedule R-1 (Form 990) 2008

832225 12-18-08 42

freedomworks inc 521349353 2008 05293e09searchable

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