2024-01-25T09:56:00-06:00 2022-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2022-01-01 521349353 FREEDOMWORKS INC FREE 2027833870 111 K ST NE 6TH FLOOR WASHINGTON DC 20002 ADAM BRANDON PRESIDENT 2027833870 2024-01-25 1 ADAM BRANDON 999009999 1 RENAE DUNCAN P01257722 5123462086 2024-01-22 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ADAM BRANDON 111 K ST NE 6TH FLOOR WASHINGTON DC 20002 5107249 0 X FREEDOMWORKS.ORG X 1984 DC SERVICE CENTER FOR THE GRASSROOTS FREEDOM MOVEMENT ACROSS THE WHOLE COUNTRY. 10 9 74 2000000 0 0 5603757 4609796 0 0 5672 471317 0 0 5609429 5081113 0 100 0 0 1843649 1967580 290590 108142 341338 5577695 4312486 7711934 6388308 -2102505 -1307195 3468084 11646154 3422592 13602414 45492 -1956260 X FREEDOMWORKS EXISTS TO BUILD, EDUCATE, MOBILIZE THE LARGEST NETWORK OF ACTIVISTS ADVOCATING THE PRINCIPLES OF SMALLER GOVERNMENT, LOWER TAXES, FREE MARKETS, PERSONAL LIBERTY, AND THE RULE OF LAW. FREEDOMWORKS WAS FOUNDED TO FIGHT FOR LIBERTY AND TO BRING TOGETHER THE BEST AND BRIGHTEST MINDS OF THE LIBERTY MOVEMENT. FREEDOMWORKS DEVELOPS POLICY IDEAS BASED ON ITS PRINCIPLES AND SERVES AS A FREE-MARKET CENTER TO SUPPORT AND TO EXPAND GRASSROOTS DEVELOPMENT AND ACTION FOR THE NATIONAL FREEDOM MOVEMENT. FREEDOMWORKS SUPPORTS AND ENCOURAGES MORE THAN 6 MILLION AMERICANS WHO ARE PASSIONATE ABOUT PROMOTING FREE MARKETS AND INDIVIDUAL LIBERTY, WHO ARE COMMITTED TO LESS GOVERNMENT, LOWER TAXES, AND ECONOMIC FREEDOM. FOR OVER A QUARTER CENTURY, FREEDOMWORKS HAS IDENTIFIED, EDUCATED, AND ACTIVATED CITIZENS WHO SUPPORT FREE ENTERPRISE AND CONSTITUTIONALLY LIMITED GOVERNMENT. 0 0 5272166 100 GRASSROOTS MOBILIZATION, COMMUNITY BUILDING, AND LOBBYING: TRAINING, EDUCATION, EQUIPPING, ENGAGING, AND MOBILIZING CONSTITUENTS ACROSS THE COUNTRY TO ADVOCATE FOR LIMITED GOVERNMENT AND LIBERTY AT THE LOCAL, STATE, AND FEDERAL LEVEL. FREEDOMWORKS, INC. BOLSTERS THE EFFECTIVENESS OF ITS GRASSROOTS MOBILIZATION THROUGH RESEARCH AND DIRECT LOBBYING OF MEMBERS OF CONGRESS. 5272166 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 57 0 1 74 1 0 0 0 0 1 1 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR FL GA HI IL KS KY LA MD MA MN MS ND NH NJ NY NC OR PA RI SC TN UT VA WV WI ME MI X X SAVANNAH STEELE 2027833870 111 K ST NE 6TH FLOOR WASHINGTON DC 20002 FRANK TSAMOUTALES BOARD MEMBER 1.00 X 0 0 0 MARY BETH WEISS BOARD MEMBER 1.00 X 0 0 0 PETER COPSES BOARD MEMBER 1.00 X 0 0 0 STEPHEN MODZELEWSKI BOARD MEMBER 1.00 X 0 0 0 PAUL BECKNER BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD J STEPHENSON BOARD MEMBER 1.00 X 0 0 0 CARL THOMAS KNUDSEN BOARD MEMBER 1.00 X 0 0 0 JOAN CARTER CHAIR 1.00 1.00 X X 0 0 0 PARISSA SEDGHI FORNWALT SECRETARY 1.00 1.00 X X 0 0 0 ADAM BRANDON PRESIDENT 14.00 26.00 X X 136417 253346 28475 NOAH WALL EXECUTIVE VICE PRESIDENT 14.00 26.00 X 89227 165708 33911 JOHN TAMNY DIR. CENTER FOR ECONOMIC FREEDOM 36.00 4.00 X 157500 17500 26686 STEVE MOORE ECONOMIST 14.00 26.00 X 57750 107250 20879 SAVANNAH STEELE SENIOR CONTROLLER 14.00 26.00 X 50750 94250 12634 JOHN STODDARD VP OF MARKETING (UNTIL 08/19/22) 14.00 26.00 X 56978 105816 13709 CASAR YBARRA VICE PRESIDENT OF POLICY 14.00 26.00 X 47250 87750 11031 595872 831620 147325 2 0 1 0 HSP DIRECT 20130 LAKEVIEW CENTER PLAZA STE 30 ASHBURN VA 20147 DIRECT MAIL CREATIVE ADVICE 679862 LINEMARK PRINTING 501 PRINCE GEORGES BOULEVARD UPPER MARLBORO MD 20774 PRINTING SERVICES 543738 THE BILTMORE HOTEL MIAMI CORAL GABLES 1200 ANASTASIA AVENUE CORAL GABLES FL 33134 CONVENTION AND HOTEL SPACE 345217 BLUE SKIES VENTURES LLC 1240 ROSECRANS AVENUE 120 MANHATTAN BEACH CA 90266 STRATEGIC CONSULTING SERVICES 333134 CAPITALHQ 320 EAST 58TH STREET NEW YORK NY 10022 PUBLIC RELATIONS CONSULTING 260000 18 4609796 4609796 1805 1805 495648 26136 469512 469512 469512 5081113 0 0 471317 X 100 100 247478 193998 33261 20219 1408255 1247449 127394 33412 35393 27744 4757 2892 136077 106671 18289 11117 140377 110041 18867 11469 97812 88821 8991 30907 30907 108142 108142 659492 613300 32557 13635 1417681 1298225 24119 95337 306755 263497 34275 8983 809785 728544 71066 10175 218168 200837 9242 8089 403434 387318 6298 9818 344253 344253 INTEREST, TAXES, OTHER 10389 4749 5336 304 BANK FEES 8572 854 5024 2694 CREDIT CARD FEES 5238 18 168 5052 6388308 5272166 774804 341338 X 1049559 941470 0 108089 585190 274221 0 480458 118469 236622 247423 334953 4340704 2413120 1956597 1927584 560405 8392316 3468084 11646154 883377 1584676 2539215 12017738 3422592 13602414 X 45492 -1956260 45492 -1956260 3468084 11646154 -1307195 -497733 -21 -196803 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1841064 465461 1375603 2499640 1947659 551981 1927584 DEPOSITS 124234 RIGHT-OF-USE ASSET 8268082 8392316 CAPITAL LEASE OBLIGATION 1171506 DUE TO/FROM RELATED PARTY 645236 OPERATING LEASE LIABILITY NON-CURRENT 10200996 12017738 X PART X, LINE 2: FREEDOMWORKS, INC. IS EXEMPT FROM PAYMENT OF TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (IRC). INCOME FROM NON-EXEMPT FUNCTIONS, INCLUDING CERTAIN ROYALTY AGREEMENTS, IS SUBJECT TO INCOME TAXES TO THE EXTENT REVENUE EXCEEDS RELATED COSTS. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THERE WAS NO FEDERAL STATE INCOME TAX PROVISION RECORDED AS THERE WAS NO TAXABLE UNRELATED BUSINESS INCOME. MANAGMENT HAS EVALUATED FREEDOMWORK'S TAX POSITIONS AND HAS CONCLUDED THAT FREEDOMWORKS HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOCURE IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. X X X X 1 SIERRA PACIFIC STRATEGIES 7406 ONEIL ROAD NE KEIZER OR 97303 FUNDRAISING SERVICES 0 650000 108142 541858 650000 108142 541858 AL AR FL GA HI IL KS KY LA MD MA MN MS NE NH NJ NY NC ND OK OR PA RI SC TN UT VA WV WI AK CO CT ME WA OH 1 X X X X X 0 0 0 0 0 0 0 0 0 ADAM BRANDON PRESIDENT 136354 253229 0 0 63 117 3690 6852 6277 11656 146384 271854 0 0 NOAH WALL EXECUTIVE VICE PRESIDENT 89177 165614 0 0 50 94 4459 8281 7410 13761 101096 187750 0 0 JOHN TAMNY DIR. CENTER FOR ECONOMIC FREEDOM 153000 17000 4500 500 0 0 7013 779 17005 1889 181518 20168 0 0 STEVE MOORE ECONOMIST 57750 107250 0 0 0 0 0 0 7308 13571 65058 120821 0 0 JOHN STODDARD VP OF MARKETING (UNTIL 08/19/22) 56942 105750 0 0 36 66 1891 3512 2907 5399 61776 114727 0 0 SAVANNAH STEELE SENIOR CONTROLLER 47250 87750 3500 6500 0 0 2363 4388 2059 3824 55172 102462 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY CPA FIRM WITH THE HELP OF THE SENIOR CONTROLLER, ACCOUNTANT, AND CFO. IT IS THEN REVIEWED BY LEGAL AND MANAGEMENT, AND ONCE FINALIZED, IT IS SENT TO THE BOARD FOR FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE AND ETHICS POLICY IS REVIEWED AND ADOPTED ANNUALLY BY THE BOARD OF DIRECTORS AND EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES COMPLETION OF AN INDEPENDENT COMPENSATION STUDY ON A PERIODIC BASIS, BASED ON A COMPILATION OF COMPETITIVE DATA REPRESENTING SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 FREEDOMWORKS MAKES ITS FORM 1024 AVAILABLE UPON REQUEST. FREEDOMWORKS MAKES AVAILABLE A PUBLIC DISCLOSURE COPY OF ITS FEDERAL FORM 990 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 NO ADDITIONAL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 19,044. MANAGEMENT AND GENERAL EXPENSES 1,928. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,972. MEDIA, POLLING, PR, STRATEGY, AND OTHER SERVICES AND CONSULTANTS: PROGRAM SERVICE EXPENSES 504,104. MANAGEMENT AND GENERAL EXPENSES 21,503. FUNDRAISING EXPENSES 13,635. TOTAL EXPENSES 539,242. IT CONSULTING: PROGRAM SERVICE EXPENSES 90,152. MANAGEMENT AND GENERAL EXPENSES 9,126. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,278. FORM 990 AMENDED RETURN: THE ORGANIZATION IS FILING AN AMENDED RETURN TO REFLECT THE ALLOCATION OF JOINT COSTS WITH RELATED ENTITY, FREEDOMWORKS FOUNDATION, ON PART IX, LINE 26. DIRECT MAIL COSTS ALLOCATION TO FREEDOMWORKS TOTALED $1,049,559 AT DECEMBER 31, 2022. THE COSTS HAVE BEEN ALLOCATED TO PROGRAM SERVICES IN THE AMOUNT OF $941,470 AND FUNDRAISING IN THE AMOUNT OF $108,089 AT DECEMBER 31, 2022. FREEDOMWORKS FOUNDATION 111 K ST NE 6TH FLOOR WASHINGTON DC 20002 521526916 RESEARCH AND EDUCATION OF CONSUMER-FOCUSED ECONOMIC POLICIES DC 501(C)(3) LINE 7 FREEDOMWORKS INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 FREEDOMWORKS FOUNDATION N 914158 ALLOCATED BASED ON EMPLOYEE TIME FREEDOMWORKS FOUNDATION O 3404389 ALLOCATED BASED ON EMPLOYEE TIME FREEDOMWORKS FOUNDATION Q 3916800 ACTUAL EXPENSES