2023-08-11T14:01:58-05:00 2023-05-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 833032236 THE BLEXIT FOUNDATION INC BLEX 6514724392 PO BOX 158067 NASHVILLE TN 37215 CANDACE OWENS PRESIDENT 6514724392 2023-08-11 1 CANDACE OWENS XXX-XX-XXXX 1 FRANK H SMITH P00639053 2028225000 2023-08-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CANDACE OWENS PO BOX 158067 NASHVILLE TN 37215 274538 0 X BLEXITFOUNDATION.ORG X 2018 DE BLEXIT FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION DEDICATED TO THE ADVANCEMENT OF URBAN AND MINORITY COMMUNITIES BY ENCOURAGING YOUTH TO SEEK AND TAKE ADVANTAGE OF OPPORTUNITIES IN 21ST CENTURY AMERICA. X 7 5 0 75 0 0 2674420 268844 225000 0 3566 3704 3259 1990 2906245 274538 0 0 0 0 1185621 438745 838098 139402 237066 2602752 728296 4626471 1306443 -1720226 -1031905 1311227 0 70675 0 1240552 0 X THE ORGANIZATION PROMOTES EDUCATIONAL INITIATIVES, PURSUES CRIMINAL JUSTICE REFORM, EDUCATES MINORITY COMMUNITIES REGARDING AMERICA'S FOUNDING PRINCIPLES, AND HIGHLIGHTS THE IMPORTANCE OF FREE MARKETS AND ENTREPRENEURSHIP AS THE ANTIDOTE TO POVERTY. BLEXIT FOUNDATION'S VISION IS TO CHANGE THE NARRATIVE THAT SURROUNDS AMERICA'S MINORITY COMMUNITIES - WITH A PARTICULAR FOCUS ON AFRICAN-AMERICANS. 0 0 629788 BLEXIT COMMUNICATED ITS VISION AND MESSAGE THROUGH A VARIETY OF MULTI-MEDIA AND ONLINE MEDIA IN ADDITION TO HOLDING LIVE EVENTS IN VARIOUS CITIES. BLEXIT HIRED ADDITIONAL STAFF AND CONCEPTUALIZED NEW PROGRAMMING FOR IMPLEMENTATION, LAUNCHING A SUCCESSFUL AFTERSCHOOL PROGRAM IN URBAN AREAS. 629788 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 1 1 0 AL CT FL IL KS KY LA MD MI MN MO NC OH OK OR PA SC TN UT VA WA X THE BLEXIT FOUNDATION INC 6514724392 PO BOX 158067 NASHVILLE TN 37215 X CANDACE OWENS PRESIDENT & DIRECTOR 30.00 X X 0 0 0 BRANDON TATUM VICE PRESIDENT & DIRECTOR 5.00 X X 0 0 0 DOUG DEASON BOARD MEMBER 5.00 X 0 0 0 LAURENCE ELDER BOARD MEMBER 5.00 X 0 0 0 REBEKAH MERCER BOARD MEMBER 5.00 X 0 0 0 DAVID PANTON BOARD MEMBER 5.00 X 0 0 0 BOB WHEATLEY BOARD MEMBER 5.00 X 0 0 0 GEORGE FARMER TREASURER 30.00 X 0 0 0 MELISSA NUNEZ CHIEF OPERATIONS OFFICER 40.00 X 0 0 0 0 0 0 0 0 0 0 OPTIMIZE CONSULTING PO BOX 660121 AUSTIN TX 78766 SOCIAL MEDIA FUNDRAISING 114588 1 268844 268844 3704 3704 MERCHANDISE SALE 900099 1162 1162 MISCELLANEOUS 900099 828 828 1990 274538 0 0 5694 X 363153 127091 176751 59311 46041 18000 18041 10000 29551 18288 7000 4263 47131 47131 30420 30420 139402 139402 163747 66800 88556 8391 61905 49932 11973 15975 7659 4590 3726 89009 85415 3594 179922 179922 32310 32310 31196 31196 VIDEO PRODUCTION 76681 76681 1306443 629788 439589 237066 92838 0 958917 0 250522 0 0 0 0 0 0 0 0 0 8950 0 0 0 0 0 0 1311227 0 70675 0 70675 0 X 889069 0 351483 0 1240552 0 1311227 0 -1031905 -208647 0 X 0 0 0 X 1604575 7647567 2342820 2674420 268844 14538226 1604575 7647567 2342820 2674420 268844 14538226 2684360 11853866 126 3566 3704 7396 2907 52639 3259 1990 60795 14606417 226008 0.81160 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MERCHANDISE SALES SPEAKING HONORARIA MISCELLANEOUS SCHEDULE A, PART II THIS RETURN IS BEING FILED FOR THE SHORT PERIOD JANUARY 1, 2023 TO MAY 31, 2023, USING THE 2022 TAX YEAR FORM AS PERMITTED. THIS MEANS THAT THE COLUMNS ON SCHEDULE A, PART II REFLECT THE FOLLOWING (COLUMN YEAR, TAX YEAR ENDED): 2018: DECEMBER 31, 2019 2019: DECEMBER 31, 2020 2020: DECEMBER 31, 2021 2021: DECEMBER 31, 2022 2022: MAY 31, 2023 X X X 1 OPTIMIZE CONSULTING PO BOX 660121 AUSTIN TX 78766 SOCIAL MEDIA FUNDRAISING 0 206952 114588 92364 OLYMPIC MEDIA 1881 N NASH STREET APT 2031 ARLINGTON VA 22209 SOCIAL MEDIA FUNDRAISING 0 34536 24814 9722 241488 139402 102086 AL CO CT DC FL IL KS KY MD MI MN MO NV NC OH OK OR PA SC TN UT VA WA LA 0 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: CANDACE OWENS, MELISSA NUNEZ PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: CANDACE OWENS: WILL CHAIR THE BLEXIT PROGRAM AT TURNING POINT USAMELISSA NUNEZ: WILL BE EMPLOYED AS PROGRAMMING DIRECTOR AT TURNING POINT USATURNING POINT USA IS A TAX-EXEMPT ORGANIZATION THAT WILL SERVE AS THE SUCCESSOR ORGANIZATION FOR THE BLEXIT PROGRAMMATIC ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 CANDACE OWENS, PRESIDENT, AND GEORGE FARMER, TREASURER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FEDERAL FORM 990 IS ELECTRONICALLY CIRCULATED TO THE FULL BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS REVIEWS THE CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT ANNUALLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE MEMBERS OF THE GOVERNING BODY OR COMMITTEE MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION COMMITTEE IS COMPRISED OF BOTH BOARD MEMBERS AND NON-BOARD MEMBERS. THE COMMITTEE MET IN ADVANCE AND TOOK INTO ACCOUNT VARIOUS FACTORS INCLUDING COMPARABILITY DATA TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION FOR THE PRESIDENT AS WELL AS OTHER STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 66,800. MANAGEMENT AND GENERAL EXPENSES 88,556. FUNDRAISING EXPENSES 8,391. TOTAL EXPENSES 163,747.