AUG It 521116 ?333 @1176 J3 ??ln ilk/e. 6 1 SCANNED SEP 11 4. MS 990 Return of Organization Exempt From income Tax Under section 501(c), 527. or 4947(a)(1) of the internal Revenue Code (except private foundations) Do not enter social security numbers on this form as it may be made public. Department or the Treasury lnlemal Revenue Semce A For the 2014 calendar year, or tax year beginning information about Form 990 and its Instructions is at 1 0/0 1 2014. and ending I: OMB No 1545-004? Open to Public inspection 09/30. 20 15 Check it opp'icsble Address change Name of organization VETS FOR ECONOMIC FREEDOM TRUST Doing busmessas CONCERNED VETERANS FOR AMERICA Employer identi?cation number 45-3593119 Nam, chm, Number and street (or 0 box if mail is not delivered to street address) Telephone number lnitialroiun 1405 S. FERN ST., #197 (703) 678-4664 $23333"! City or town. state or provmce. country. and ZIP or {Oralgn P0518) COde my? ARLINGTON, VA 22202 Gross receipts _14 . 17 4 523. Name and address of prinCipal of?cer RANDY LAIR H13) '5 39'0?? Tatum for Yes No pending subordinates? H(b) Are all subordinates h?dL?ed? Yes - No 1405 S. FERN ST, #197 ARLINGTON, VA 22202 ll attach a list. {see instructions) i T501(c)(3) IX I501(c)( 4 )4 (insertno) I Website: CV4A.ORG I4947(a)(1) or 12 Group exemption number i Form of organization I I Corporation I XI Trust I I AssociationT I Other I Year of formation 2 0 ITM State of legal domicile: DE Summary 1 Briefly describe the organization's missmn or most significant actiVities: EOLIETES e: Elsa assays- 2 Check this box I: if the organization discontinued its operations or disposed of more than 25% of its net assets. 8 3 Number of voting members of the governing body (Part Vi. tine ta) 3 . ?If, 4 Number of independent voting members of the governing body (Part VI. tine 1b) 4 . 3% 5 Total number of :ndiViduais employed in calendar year 2014 (Part V, line 2aTotal number of volunteers (estimate it necessaryTotal unrelated bussness revenue from Part Vill. column (C). line 12 Ta 0 Net unrelated busrness taxable income from Form line 34 7b 0 Prior Year Current Year a, 8 Contributions and grants(PartVill. line 1h15,702,443. 14,146,971. 9 Program sewice revenue (Part Vili, line 29RECEWED . I . 0 0 10 investment income (Part column (A). lines 3. 4. and 7dOther revenue (Part Vltl. column (A). lines 5. 6d. 8c. 9c. 1132 nd 1 gI 3 .2016 Total revenue - add lines 8 through 11 (must equal Part blumn( line 12Grants and Similar amounts paid (Part lX. column (A). lineBenefits paid to or for members (Part ix. column (A). line I I .QG.EN, IUTI . 0 0 3 15 Salaries, other compensation. employee benefits (Part ix. column lines 516a Professmnal fundraismg tees (Part IX. column (A), line11e) . 0 0 Total fundraismg expenses (Part lX, column (D). line 25) 0 17 Other expenses (Part IX. column (A). lines 11a-11d, 11f?24eTotal expenses Add lines 13-17 (must equal Part iX. column (A), line 25Revenue less expenses Subtract line 18 from line Beginning of Current Year End of Year 20 Total assets (Pan x. line-16) . . . 1, 197, 007- 1, 124, 353973. 855. 724. 647. if 22 Net assets or fund balances Subtract line 21 from line 20 .. 223 152 - 399, 706 . Signature Block Under penalties of per . declare that i hav true, correct. and co e. Declaration of pr amined this return. including accompanying schedules and statements. and to the best at my knowledge and belief. it is or (other than of?cer) is based on all information of which preparer has any knowledge - .. 75/; sign ?5 nature of 3 ate Type or print name and title Printi'Type preparer's name repar 's ign ture Date CheckI I it MICHAEL ENGLE (41 AUG 1 5 2015 settemployed p004 82834 re arer UsepOniy LLP Finn's an 4 4 ?01 60260 Firm's address 51201 WALNUL SUITE 1700 KANSAS same-2246 Phone no 816 221~6300 May the discuss this return With the preparer shown above? (see instructions) I I Yes LI No For Paperwork Reduction Act Notice. see the separate instructions. JSA 4E1010 1 000 6 256EX K922 7/7/2016 12:02:09 PM 14-7.16 Form 990 (2014) 90 120?0096944?0077672 Kw PAGE 2 9% LI) I VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Page 2 Statement of Program Service Accomplishments Check If Schedule 0 contains a response or note to any line In Part 1 Bnefly describe the organization's OUR MISSION IS TO ADVOCATE FOR POLICIES THAT WILL PRESERVE THE FREEDOM AND LIBERTY THAT VETERANS AND THEIR FAMILIES SO PROUDLY FOUGHT AND SACRIFICED TO DEFEND. 2 the organization undertake any significant program sennces during the year were not listed on the pnor Form 990 or 990-529 El Yes No lf "Yes," describe these new services on Schedule 0 3 Old the organization cease conducting. or make Significant changes In how It conducts, any program semcesv Yes No If "Yes," these changes on Schedule 0. 4 Describe the organization's program servuce accomplishments for each of Its three largest program semces, as measured by expenses Section 501(c)(3) and 501(c)(4) organizatlons are requnred to report the amount of grants and allocations to others, the total expenses, and revenue, If any, for each program service reported. 4a (Code' )(Expenses$ 9 572 596, Including grants of$ )(Revenue$ CONCERNED VETERANS FOR AMERICA TRANSLATED THE EXPERIENCE, CONCERNS, AND HOPES OF VETERANS AND THEIR FAMILIES INTO A COMMON VISION OF LIBERTY AND FREEDOM. WE PROVIDED A NEW AND UNIQUE PERSPECTIVE ON THE ISSUES THAT THREATEN TO CRIPPLE NOT ONLY OUR ECONOMIC AND NATIONAL SECURITY, BUT THE SPIRIT OF OPPORTUNITY AND LIBERTY THAT WE FOUGHT TO DEFEND AND ALL AMERICANS CHERISH. WE BROUGHT THAT FRESH PERSPECTIVE TO THE AMERICAN PEOPLE AND OUR LEADERS THROUGH A VARIETY OF ACTIVITIES SUCH AS RALLIES, ADVOCACY, EDUCATIONAL MATERIAL, WEB CONTENT AND MEDIA APPEARANCES, BOTH DIRECTLY AND BY TRAINING, EQUIPPING, AND EMPOWERING CITIZEN ACTIVISTS TO THE SAME. 4b (Code: )(Expenses$ 2 045 626_ Including grants of$ 0 )(Revenue$ 0 CONCERNED VETERANS FOR AMERICA CONDUCTED GRASSROOTS, PAID, AND ONLINE EDUCATION AND ADVOCACY HIGHLIGHTING MAJOR INSTITUTIONAL FAILURES AT THE DEPARTMENT OF VETERANS AFFAIRS, THE DEPARTMENT OF DEFENSE, AND ELSEWHERE IN THE FEDERAL GOVERNMENT, AS WELL AS FAILURES OF LEADERSHIP AND VISION IN BOTH CONGRESS AND THE EXECUTIVE BRANCH, AND DISCUSSING POTENTIAL SHORT- AND LONG-TERM POLICY SOLUTIONS TO THOSE INSTITUTIONAL FAILURES. 4c (Code )(Expenses Including grants of (Revenue 4d Other program serVIces (Describe In Schedule 0 (Expenses Including grants of (Revenue 4e Total program sen/Ice expenses 7 8 222 . Form 990 (2014) 6256EX K922 7/7/2016 12:02:09 PM 120-0096944-0077672 PAGE 3 JSA 4E1020 1 000 ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Part IV Checklist of Required Schedules 20a Page 3 Is the organization described In section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,? complete Schedule A Is the organization reqUIred to complete Schedule B, Schedule of Contributors (see Instructions)? Did the organization engage In direct or indirect political campaign actIVIties on behalf of or In opposmon to candidates for public of?ce? If "Yes," complete Schedule C, Perl! Section 501(c)(3) organizations. Did the organization engage in lobbying actIVItIes, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part ll Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or Similar amounts as defined In Revenue Procedure 98-19? If "Yes,? complete Schedule C, Pall?! Did the organization maintain any donor adVIsed funds or any Similar funds or accounts for which donors have the right to prowde adVIce on the distribution or investment of amounts In such funds or accounts? If "Yes, complete Schedule D. Part I Did the organization receive or hold a conservation easement, including easements to preserve open space, the enVIronment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part ll Did the organization maintain collections of works of art, historical treasures, or other Similar assets? If "Yes," complete Schedule D. Part Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for amounts not listed In Part or provude credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quaSI?endowments? lf rrYes," complete Schedule D, Part If the organization?s answer to any of the followmg questions is "Yes," then complete Schedule D, Parts VI, VII, IX, or as applicable Did the organization report an amount for land, bUIldIngs, and equupment In Part X, line 10? If "Yes," complete Schedule D. Part VI Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of Its total assets reported In Part X, line 16? If "Yes," complete Schedule D, Part Did the organization report an amount for other assets In Part X, line 15 that Is 5% or more of Its total assets reported In Part X, line 16? If "Yes," complete Schedule D, Part IX Did the organization report an amount for other liabilities in Part X, line 25? ll "Yes,"complete Schedule D, PartX Did the organization's separate or consolidated finanCIaI statements for the tax year Include a footnote that addresses the organization's liability for uncertain tax posmons under FIN 48 (A30 740)? ll "Yes, complete Schedule D, Part Did the organization obtain separate, independent audited finanCIaI statements for the tax year? If "Yes,? complete Schedule D, Parts XI and Was the organization included In consolidated, independent audited finanCIaI statements for the tax year? If "Yes," and If the organization answered "No"to line 12a, then completing Schedule D, Parts Xl and Is optional Is the organization a school described in section If "Yes,? complete Schedule Did the organization maintain an office, employees, or agents outSIde of the United States? Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraismg, busmess, investment, and program serwce actIVIties the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts land lV Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other 355istance to or for any foreign organization? If "Yes," complete Schedule F, Parts ll and Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other a53istance to or for foreign IndIVIduals? If "Yes," complete Schedule F, Parts Ill and Did the organization report a total of more than $15,000 of expenses for professmnal fundraismg serVIces on Part IX, column (A), lines 6 and 11e? lf ?Yes,"complete Schedule G, Part I (see Instructrons) Did the organization report more than $15,000 total of fundraismg event gross income and contributions on Part lines 1c and 8a? If "Yes," complete Schedule G, Part II Did the organization report more than $15,000 of gross Income from gaming actIVItIes on Part line 9a? If "Yes," complete Schedule G. Pan? Did the organization operate one or more hospital faCIIrties? If ?Yes," complete Schedule If "Yes" to line 203, did the organization attach a copy of Its audited finanCIaI statements to this return20a 20b JSA 4E10211000 6256EX K922 7/7/2016 12:02:09 PM 14-7.16 120-0096944?0077672 Form 990 (2014) PAGE 4 I VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Page 4 Checklist of Required Schedules (continued) Yes No 21 Did the organization report more than $5,000 of grants or other a55istance to any domestic organization or domestic government on Part IX, column (A), line 1? If "Yes,"complete Schedule I, Parts land ll 21 22 Did the organization report more than $5,000 of grants or other to or for domestic indivrduals on Part IX, column (A), line 2? If "Yes,"complete Schedule I, Pan?s land Ill 22 23 Did the organizatlon answer ?Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organizatlon's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes,"complete Schedule 23 24a Did the organization have a tax-exempt bond issue With an outstanding prinCIpaI amount of more than $100,000 as of the last day of the year, that was Issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If go to lrne 25a 24a Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 24b Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax?exempt bonds? 24!: Did the organization act as an "on behalf of" Issuer for bonds outstanding at any time during the year? 24d 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction With a disquallfled person during the year? If ?Yes,?complete Schedule L, Partl 25a Is the organization aware that it engaged In an excess benefit transaction With a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or If "Yes." complete Schedule L, Partl 25b 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disquali?ed persons? If "Yes," complete Schedule L, Part II 26 27 Did the organization provrde a grant or other aSSIstance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If ?Yes,? complete Schedule L, Part 27 28 Was the organization a party to a busmess transaction With one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions). a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 28a A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 28b An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes,? complete Schedule L, Part lV. 28c 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M. 29 30 Did the organization receive contributions of art, historical treasures, or other Similar assets, or quali?ed conservation contributlons? If "Yes," complete Schedule 30 31 Did the organization quUIdate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Panl 31 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part ll 32 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulatlons sections 301 .7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part! 33 34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part ll, or IV, and Part V, lme 1 34 353 Did the organization have a controlled entity Within the meaning of section 512(b)(13)? 35a If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction With a controlled entity Within the meaning of section 512(b)(13)? If "Yes,? complete Schedule R, Part V, lrne 2 35b 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? lf "Yes, complete Schedule R, Part V, line 2 36 37 Did the organization conduct more than 5% of its actIVIties through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes, complete Schedule R, FkutVU .. .. .. .. .. .. .. .. .. . 37 38 Did the organization complete Schedule 0 and prov1de explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reqmred to complete Schedule 0 38 Form 990 (2014) JSA 4E10301000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120?0096944-0077672 PAGE 5 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Page 5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part Yes No 1a Enter the number reported In Box 3 of Form 1096. Enter -0- if not applicable 1a 100 Enter the number of Forms included In line 1a Enter -0- rf not applicable 1b 0 . Did the organization comply With backup Withholding rules for reportable payments to vendors and if? a? reportable gaming (gambling) wmnings to prize Winners? 1c Za Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax g? . Statements, filed for the calendar year ending With or Within the year covered by this return 92 If at least one is reported on lune 2a, did the organization file all required federal employment tax returns? 2b Note. If the sum of lines 1a and 2a is greater than 250. you may be reqUired to e-?le (see instructions) a. I 3a Did the organization have unrelated busmess gross income of $1 .000 or more during the year? 3a If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, prowde an explanation in Schedule 0 3b 4a At any time during the calendar year. did the organization have an interest in. or a Signature or other authority over, a Manual account in a foreign country (such as a bank account. securities account, or other finanCIal account)? If "Yes.? enter the name of the foreign country i 6 A See instructions for filing reqUIrements for Form 114, Report of Foreign Bank and FinanCIal Accounts (FBAR) 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? 53 Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b If "Yes" to line 53 or 5b, did the organization file Form 5c 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization what any contributions that were not tax deductible as charitable contributions? 6a If "Yes," did the organization include with every soIICitation an express statement that such contributions or gifts were not tax deductible? 6b 7 Organizations that may receive deductible contributions under section 170(c). $53; I a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods =3 "5 and semces provnded to the payor? 7a If "Yes," did the organization notify the donor of the value of the goods or sewices provrded? 7b Did the organization sell. exchange, or otherWIse dispose of tangible personal property for which it was reqUIred to file Form 8282? 7c If "Yes," indicate the number of Forms 8282 filed during the year I 7d I .g Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? 7e Did the organization, during the year. pay premiums. directly or indirectly. on a personal benefit contract? 7f 9 If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as reqUIred7 _79 If the organization received a contribution of cars, boats, airplanes, or other vehicles. did the organization file a Form 1098-C7 7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor adVIsed fund maintained by the i sponsoring organization have excess busmess holdings at any time during the year? 8 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966?? Did the sponsoring organization make a distribution to a donor, donor adwsor. or related person? 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part line 12 10a Gross receipts. included on Form 990, Part line 12, for public use of club faculties . . . 10b 2 11 Section 501(c)(12) organizations. Enter $5 a Gross income from members or shareholders 11a Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them 11b a 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 12a If ?Yes," enter the amount of tax-exempt interest received or accrued during the year 12b r? 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? 13a Note. See the instructions for additional information the organization must report on Schedule 0. Enter the amount of reserves the organization is reqwred to maintain by the states in which the organization IS licensed to issue qualified health plans 13b .. . Enterthe amount of reserves on hand 1313 14a Did the organization receive any payments for indoor tanning serVices during the tax year'? 14a If "Yes." has it filed a Form 720 to report these payments? If ?No,"provrde an explanation in Schedule 0 14b JSA 4 E1040 1 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.16 120-0096944-0077672 Form 990 (2014) PAGE 6 Form 990 (2014) I VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Pages Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0 See instructions. Check if Schedule 0 contains a response or note to any line in this Part VI Section A. Governing Body and Management Yes No 1a Enter the number of voting members of the governing body at the end of the tax year 1a if there are maternal differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or Similar committee, explain in Schedule 0 Enter the number of voting members included in line 1a, above, who are independent 1b 2 Did any officer, director, trustee, or key employee have a family relationship or a busmess relationship With any other officer, director, trustee, or key employee? 2 3 Did the organization delegate control over management duties customarily performed by or under the direct superw5ion of officers, directors, or trustees, or key employees to a management company or other person? . . 3 4 Did the organization make any Significant changes to its governing documents Since the prior Form 990 was filed? 4 5 Did the organization become aware during the year of a Significant diver5ion of the organization's assetS?. . . . 5 6 Did the organization have members or stockholders? 6 Ta Did the organization have members, stockholders, or other persons who had the power to elect or appomt one or more members of the governing body? 73 Are any governance deCISions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? 7b 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the followmg a The governing body? 8a Each committee With authority to act on behalf of the governing body? 3b 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If "Yes,"provrde the names and addresses in Schedule 0 9 Section B. Policies (This Section requests information about policies not required by the internal Revenue Code) Yes No 10a Did the organization have local chapters, branches, or af?liates? 108 If "Yes," did the organization have written polimes and procedures governing the actiwties of such chapters, affiliates, and branches to ensure their operations are conSIStent With the organization's exempt purposesHas the organization prowded a complete copy of this Form 990 to all members of its governing body before filing the form? . 1 1 a Describe in Schedule 0 the process, if any, used by the organization to reVIew this Form 990. 12a Did the organization have a written conflict of interest policy? If go to line 13 123 Were officers, directors, or trustees, and key employees reqwred to disclose annually interests that could give rise to conflicts? 12b Did the organization regularly and con5istent y monitor and enforce compliance With the policy? if "Yes," describe in Schedule 0 how this was done 126 13 Did the organization have a written whistleblower policy? 1 3 14 Did the organization have a written document retention and destruction policy? 14 15 Did the process for determining compensation of the followmg persons include a reVIeW and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and deCi5ion? a The organization's CEO. Executive Director, or top management of?cnal 153 Other officers or key employees of the organization 15b If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or partICIpate in a jOlnt venture or Similar arrangement With a taxable entity during the year? 163 If "Yes," did the organization follow a written policy or procedure reqUIring the organization to evaluate its partiCIpation in )omt venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status With respect to such arrangements? 16b Section C. Disclosure 17 List the states With which a copy of this Form 990 is reqUIred to be ?led 18 Section 6104 reqmres an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 only) available for public inspection. Indicate how you made these available Check all that apply Own webSite Another's websne Upon request I: Other (explain in Schedule 0) 19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and Manual statements available to the public during the tax year. 20 State the name, address, and telephone number of the person who possesses the organization's books and records RANDY LAIR 1405 FERN ST, #197 ARLINGTON, VA 22202 (703)678-4664 JSA Form 990 (2014) 4E 1042 1000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120?0096944-0077672 PAGE 7 ?l I Form 990(2014) VETs FOR ECONOMIC FREEDOM TRUST 45?3593119 Page? Part VII Compensation of Of?cers, Directors, Trustees, Key Employees. Highest Compensated Employees, and Independent Contractors Check if Schedule 0 contains a response or note to any Irne in this Part VII El Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 13 Complete table for all persons requrred to be listed Report compensation for the calendar year ending With or wrthin the organization's tax year. 0 List all of the organization's current officers, directors, trustees (whether or organizations), regardless of amount of compensation Enter -0- in columns (D), (E), and (F) if no compensation was paid. 0 List all of the organization's current key employees. if any See instructions for de?nition of "key employee." 0 List the organization's five current highest compensated employees (other than an officer. director, trustee, or key employee) who recerved reportable compensation (Box 5 of Form W-2 andlor Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizatrons - List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. 0 List all of the organization's former directors or trustees that received, in the capacrty as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations List persons in the followrng order? indivrdual trustees or directors, Institutional trustees. officers; key employees, highest compensated employees; and former such persons. El Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee (C) (A) (B) P?5m?? (D) (E) (F) Name and Title Average (d0 not Cheek more than one Reportable Reportable Estrmated hours per box. unless person I5 both an compensation compensation from amount of week (list any of?cer and a directorltrustee) from related other hours for the organizations compensation related :1 3 .3 5 organization from the organizations 3 E. 3 3 i3. 2 ?gan'zat'on below dotted 2 1% 8 8 and related I E: a organizations meTRUSTEE 45,000. 0 0 TRUSTEE 0 0 0 CHIEF EXECUTIVE OFFICER 0 182,549. 0 4,926. VICE PRESIDENT (STRATEGY) 0 174,702. 0 24,226. CHIEF OPERATING OFFICER 0 99,313. 0 7,888. NATIONAL FIELD DIRECTOR 61 105,873. 0 14,110. #17) -19) 12) 11.1.) 112.) 11.3.) 114) JSA Form 990 (2014) 451041 1 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.l6 120?0096944-0077672 PAGE 8 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Page 8 Section A. Of?cers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Posrtion Reportable Reportable Estimated hours per (d0 "0t more than one compensation compensation from amount of week (list any box. unless person is both an from related other hours for of?cer and a director/trustee) the organizations compensation related a a a g; organization the organizations a a 5 3 organization below dotted 9. 5 ?5 and related line) 2 3 3 .2 ?3 organizations SUb-tOtal 607,437. 0 51,150- Total from continuation sheets to Part VII, Section A 0 0 607,437. 0 51,150. Total number of indiwduals (including but not limited to those listed above) who recalved more than $100,000 of Did the organization list any former officer. director, or trustee, key employee, or highest compensated employee on line 1a'7 If "Yes," complete Schedule for such For any indIVIdual listed on line 13, is the sum of reportable compensation and other compensation from the related organizations greater than $150,000? If ?Yes," complete Schedule for such 2 reportable compensation from the organization 5 3 4 organization and 5 Section B. Independent Contractors Did any person listed on line 1a receive or accrue compensation from any unrelated organization or indIVIdual for serVIces rendered to the organization? If ?Yes,?complele Schedule for such person 1 Complete this table for your two highest compensated independent contractors that received more than $100.000 of compensation from the organization Report compensation for the calendar year ending with or Within the organization's tax year (A) (B) (C) Name and busmess address Description of sewices Compensation DC LONDON INC. WASHINGTON, DC 20005 VIDEO PRODUCTION 207, 093 . EVENT INC . ALEXANDRIA, VA 22304 EVENT LOGISTICS 173, 928 . WILEY REIN LLP WASHINGTON, DC 20006 LEGAL FEES 161, 988 . APTARIA, INC. MCLEAN, VA 22102 IT CONSULTING 125, 890 . 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization 12'10551000 6256EX K922 7/7/2016 4 12:02:09 PM Ill-7.16 120-0096944-0077672 Form 990 (2014) PAGE 9 4E10511000 6256EX K922 7/7/2016 12:02:09 PM l4-7.l6 120?0096944-0077672 Form 990 (2014) VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Page9 Part Statement of Revenue Check If Schedule 0 contains a response or note to any line In Part I: 5: 394 ,2 a 5: (A) (B) (D) Total revenue Related or Unrelated Revenue $33? 13%: p; i 3 exempt bussness excluded from tax a function revenue under revenue 512-514 Federated campalgns Membership dues if: Fundralsmg events Related organlzatlons Government grants (contnbutronssea? 5 2 All other contributions, gn?s, grants?go and sumrlar amounts not Included above . 14:Noncash Included In Ilnes1a-1f? 5 i W: 5 If Total. Add lmes 1a-1f 14,146, 971 i 3 Business Code i 5 2a a, 0 3? All other program servrce revenue i 9 Total. Add lines 2a-2f is? g? as? 3 Investment Income (Including dwrdends. Interest. and other amounts) 7'59 759 4 Income from Investment of tax-exempt bond proceeds . 0 5 Royalties (I) Real Personal a: a? it?t?g, as 0? 2" 4 Ba Gross rents 5' 53% a? if 29% g. Less rental expenses . WW kw: Rental Income or (loss) 3 :1 Net rental Income or (loss) Ta Gross amount from sales of (I) Other 3? a see assets other than Inventory 5 ?Kg Less cost or other at?? mg? and sales expenses . . . . ?g Gain or (loss) Net gain or (loss) a 6? a. 8a Gross Income from fundralsmg 5 events (not Including 5 of contnbutlons reported on Ilne 10) See Part IV, llne 18 a . Less direct expenses 6 Net Income or (loss) from fundralsmg events i ?it 9a Gross Income from gaming a a? See Part IV. Ilne 19 a all? 5 i Less direct expenses 3? t- Net Income or (loss) from gaming 0 3? i? 10a Gross sales of Inventory, less returns and allowances a ?5 i g? 3 Less cost of goods sold ?5 t" 33? *3 3% Net Income or (loss) from sales of Inventory, . 0 Miscellaneous Revenue Business Code 11a MISCELLANEOUS REVENUE 900099 26,793 25,793 6 All other revenue Total. Add lines 113-11d 26,793 wt ms I 12 Total revenue See Instructlons 14 . 174 523 274552 JSA Form 990 (2014) PAGE 1 Form 990 (2014) VETS FOR ECONOMIC FREEDOM TRUST Part IX Statement of Functional Expenses 45?3593119 Page 1 0 Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A) Check if Schedule 0 contains a response or note to any line in this Part IX Do not include amounts reported on lines 6bPart (A) Total expenses in rog ram serVice expenses m) Management and general expenses (D) Fundraismg expenses Investment management fees Grants and other aSSistance to domestic organizations and domestic governments See Part IV, line 21 . . . . Grants and other a55istance to domestic indIViduaIs See Part IV, line 22 Grants and other aSSistance to foreign organizations, foreign governments, and foreign indiViduaIs See Part IV. lines 15 and 16 Benefits paid to or for members Compensation of current officers, directors. trustees, and key employees Compensation not included above, to disquali?ed persons (as de?ned under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) Other salaries and wages Pensmn plan accruals and contributions (include section 401(k) and 403(b) employer contributions) Other employee benefits Payroll taxes Fees for serVices (non-employees)- Management Legal Lobbying Professmnal fundraismg semces See Part IV. line 17, Other (If line 119 amount exceeds 10% of line 25 column (A) amount. list line 119 upenses on Schedule 0) Advertismg and promotion Office expenses Information technology Royalties Occupancy Travel Payments of travel or entertainment expenses for any federal. state, or local public offICials Conferences, conventions. and meetings Interest Payments to affiliates DepreCiation. depletion, and amortization . . Insurance Other expenses Itemize expenses not covered above (List miscellaneous expenses in line 24a If line 24a amount exceeds 10% of line 25, column (A) amount, list line 24c expenses on Schedule 0) a 9 I 1.911 25 All other expenses Total functional expenses. Add lines 1 through 24e 500. 500. 772,796. 618, 237 . 154, 559. 69,497. 38,223. 31,274. 3,376, 027. 2,716,300. 659,727. 69,315. 55,452. 13,863. 617,717. 494,835. 122,882. 343,262. 275, 845. 67,417. 0 180,428. 180,428. 1, 046,239. 1,035,154. 11,085. 858,301. 858, 301 . 722,383. 592, 979. 129,404. 376,382. 366, 477 . 9, 905. 0 33,404. 26,723. 6, 681. 2,794,722. 2,235,778. 558, 944. 2,010,121. 1,773,694. 236, 427 . 0 65,621. 65, 621. 41,497. 33, 113. 8,384. 561,214 . 561,214. 58,543. 35, 397. 23,146. 13, 997, 969. 11,718,222. 2,279,747. 26 Joint costs. Complete this line only if the organization reported in column (B) icint costs from a combined educational campai and fundraismg sohcrtation Check here if followmg SOP 98-2 (A50 958?720) JSA 4E1052 1 000 6256EX K922 7/7/2016 12:02:09 PM 14-7.16 120-0096944-0077672 Form 990 (2014) PAGE 11 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Page 11 Balance Sheet Check if Schedule 0 contains a response or note to any line in this Part I (A) (3) Beginning of year End of year 1 Cash non-interest-beanng 206Savmgs and temporary cash investments 690Pledges and grants receivable, net 0 3 4 Accounts receivableLoans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule 0 5 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B). and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' benefiCiary organizations (see instructions) Complete Part II of Schedule 0 6 0 7 Notes and loans receivable, net 0 7 2 8 Inventories for sale or use 8 9 Prepaid expenses and deferred charges 10a Land, bwldings, and eqmpment. costor other ba5is Complete Part VI of Schedule 10a 2 3 . 4 64 . Less: accumulated depreCIation 10b 98, 625. 152,451. 10c 114, 839. 11 Investments - publicly traded securities Cl 1 1 0 12 Investments - other securities. See Part IV, line 11 12 0 13 Investments - program-related. See Part IV, line 11 0 13 0 14 Intangible assets 0 14 0 1 5 Other assets. See Part IV, line Total assets. Add lines 1 through 15 (must equal line 34) 1: 197: 007 - 16 l: 124 353. 17 Accounts payable and accrued expenses 973 855 . 17 724 647 . 18 Grants payable 0 18 0 19 Deferred revenue 0 19 0 20 Tanexemptbondhab?mes 0 20 0 21 Escrow or custodial account liability Complete Part IV of Schedule . 21 22 Loans and other payables to current and former officers, directors. trustees, key employees, highest compensated em ployees, and disqualified persons. Complete Part II of Schedule 0 22 23 Secured mortgages and notes payable to unrelated third parties 23 0 24 Unsecured notes and loans payable to unrelated third parties 24 0 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part of Schedule 0 25 0 26 Total liabilities. Add lines 17 through Organizations that follow SFAS 117 (ASC 958), check here and 3 complete lines 27 through 29. and lines 33 and 34. 27 Unrestricted net assets 223 152. 27 3 99 706. 28 Temporarily restricted net assets 28 0 29 Permanently restricted net assets 0 29 0 LE Organizations that do not follow SFAS 117 (ASC 958), check here and 3 complete lines 30 through 34. .3 30 Capital stock or trust prinCipal, or current funds 30 31 Paid-in or capital surplus, or land. buulding, or equment fund 31 if 32 Retained earnings, endowment, accumulated income. or other funds . . 32 33 Total net assets or fund balances 223, 152 . 33 399, 706. 34 Total liabilities and net assets/fund balances Form 990 (2014) JSA 4E1053 1 con 6256EX K922 7/7/2016 12:02:09 PM l4?7.16 120-0096944-0077672 PAGE 12 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Form 990 (2014) Part XI Reconciliation of Net Assets Check if Schedule 0 contains a response or note to any line in this Part XI -I Total revenue (must equal Part column (A), km 12) 14, 174, 523. Total expenses (must equal Part IX. column (A), ?ne 25) 13, 997, 969. Revenue less expenses Subtract llne 2 from km 1 176, 554 . Net assets or fund balances at begInnIng of year (must equal Part X. km 33, column 223, 152 . Net unrealIzed gaIns (losses) on Investments Donated sen/Ices and use of faCIlItIes Investment exnenses Prlor perlod adjustments Other changes In net assets or fund balances (explain in Schedule 0) Net assets or fund balances at end of year. CombIne ?ms 3 through 9 (must equal Part X, [me 33. column 1o 399,706. Part XII Financial Statements and Reporting Check if Schedule 0 contains a response or note to any line in this Part XII 2a 3a method used to prepare the Form 990: I: Cash Accrual Other If the organIzation changed Its method of accountIng from a prior year or checked "Other," explaIn in Schedule 0. Were the organIzatIon's fInanCIaI statements complied or reVIewed by an Independent accountant? If "Yes." check a box below to IndIcate whether the fInanCIal statements for the year were compiled or revrewed on a separate basrs, consolldated baSIs. or both? Separate baSlS I: ConsoIIdated ?3 Both consolIdated and separate baSlS Were the organIzatIon's finanCIal statements audited by an Independent accountant? If "Yes," check a box below to Indlcate whether the Manual statements for the year were audlted on a separate consolldated or both El Separate ConsoIIdated baSlS ?3 Both consolldated and separate basis If "Yes" to me 23 or 2b, does the organIzatIon have a committee that assumes responSIbllity for overSIght of the audIt. reVIew, or compIIatIon of Its fInanCIal statements and selectIon of an Independent accountant? If the organization changed eIther Its process or selectIon process during the tax year. explaIn In Schedule 0. As a result of a federal award, was the organIzatIon reqUIred to undergo an audIt or audIts as set forth In the Single AudIt Act and OMB CIrcular If "Yes." dId the organIzatIon undergo the reqUIred audIt or audIts? If the organIzatIon dId not undergo the reqUIred audIt or audIts, explain why In Schedule 0 and any steps taken to undergo such audItsJSA 4E10541 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.16 120-0096944-0077672 Form 990 (2014) PAGE 13 SCHEDULE Supplemental Financial Statements (Form 990) Complete if the organization answered "Yes" to Form 990, Part IV, line 6. 7. 8. 9, 10.113, 11b, 11c.11d,11e.11f,12a, or 12b. Department ofthe Treasury Attach ?0 Form 990' one" to PUblic Internal Revenue Semce Information about Schedule (Form 990) and its instructions is at Inspection Name of the organization Employer Identi?cation number VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6. Donor adVised funds Funds and other accounts 1 Total number at end of year 2 Aggregate value of contributions to (during year) 3 Aggregate value of grants from (during year) . . 4 Aggregate value at end of year 5 Did the organization inform all donors and donor adVIsors in writing that the assets held in donor adVIsed funds are the organization?s property, subject to the organization's exclusive legal control? Yes I: No 6 Did the organization inform all grantees, donors, and donor adVisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor adVisor, or for any other purpose conferring impermissmle private bene?t? Yes No Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7. 1 Pur ose(s) of conservation easements held by the organization (check all that apply). Preservation of land for public use (e recreation or education) Preservation of a historically important land area Protection of natural habitat Preservation of a certified historic structure Preservation of open space 2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in easement on the last day of the tax year. He'd at 01? the Tax Year a Total number of conservation easements Total acreage restricted by conservation easements Number of conservation easements on a certified historic structure included in Number of conservation easements included in acqwred after 8/17/06, and not on a historic structure listed in the National Register 3 Number of conservation easements modified, transferred, released, or terminated by the organization during the tax year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of Violations, and enforcement of the conservation easements it holds? El Yes I: No 6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcmg conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, and enforcmg conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the reqwrements of section and section Yes I: No 9 In Part describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's finanCIal statements that describes the organization's accounting for conservation easements Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered ?Yes" to Form 990, Part IV, line 8. 1a If the organization elected, as permitted under SFAS 116 (A80 958), not to re ort in its revenue statement and balance sheet works 0 art, historical treasures, or other Similar assets held for public exhi ition, education, or research in furtherance of public sen/ice, prowde, in Part the text of the footnote to its finanCial statements that descnbes these items If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other Similar assets held for public exhibition, education, or research in furtherance of public serwce, prOVIde the followmg amounts relating to these items: Revenue included in Form 990, Part line 1 (ii) Assets included in Form 990, Part 2 If the organization received or held works of art, historical treasures, or other Similar assets for finanCIaI gain, prowde the follownng amounts reqUired to be reported under SFAS 1 16 (A80 958) relating to these items. a Revenue included in Form 990, Part line 1 Assets included in Form 990, Part For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule (Form 990) 2014 :32631 000 6256EX K922 7/7/2016 12:02:09 PM 14?7.l6 120-0096944-0077672 PAGE 18 VETS FOR ECONOMIC FREEDOM TRUST 45?3593119 Schedule (Form 990) 2014 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Page 2 Assets (continued) 3 Usmg the organization's accessmn, and other records, check any of the followmg that are 3 Significant use of its collection items (check all that apply): a Public exhibition Loan or exchange programs . Scholarly research 9 Other Preservation for future generations 4 a description of the organization's collections and explain how they further the organization's exempt purpose in Part 5 During the year, did the organization what or receive donations of art, historical treasures. or other similar I assets to be sold to raise funds ratherthan to be maintained as part of the organization's collection? I: Yes No I Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990, Part IV, line 9, or reported an amount on Form 990. Part X, line 21. 1 a Is the organization an agent, trustee. custodian or other intermediary for contributions or other assets not included on Form 990. Part x7 I: Yes El No If "Yes," explain the arrangement in Part and complete the followmg table: - Amount Beginning balance 1c Additions during the year 1d Distributions during the year 1e Ending balance 1f 2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? l_l Yes No If "Yes." explain the arrangement in Part Check here if the explanation has been prOVided in Part Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10. Current year Prior year Two years back Three years back Four years back 1a Beginning of year balance Contributions Net investment earnings, gains, and losses Grants or scholarships Other expenditures for faculties and programs Administrative expenses 9 End of year balance 2 Prowde the estimated percentage of the current year and balance (line 19, column held as a Board de5ignated or quaSI-endowment Permanent endowment Temporarily restricted endBJan??i?; The percentages in lines 2a, 2b, and 26 should?egual 100% 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: Yes No unrelated organizatlons 330) (ii) related organlzatlons 3a(iil If "Yes" to are the related organizations listed as reqUired on Schedule 3b 4 Describe in Part the intended uses of the organization's endowment funds. Land, Buildin s, and E_qui ment. Complete if organiza ion answered "Yes" to Form 990, Part IV, line 11a. See Form 990, Part X. line 10. Description of property Cost or other basis Cost or other basis Accumulated Book value I (investment) (other) depreCIation I 1 a Land I BUIldIngs 1 Leasehold improvements i Equment 213,464. 98,625. 114,839. Other Total. Add lines 13 through 1e. (Column must equal Form 990, Part X, column (8), line 10(0)) 11 4 839. Schedule (Form 990) 2014 JSA 4E12691000 6256EX K922 7/7/2016 12:02:09 PM l4-7.l6 120-0096944-0077672 PAGE 19 I VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Schedule (Form 990) 2014 Page 3 Investments - Other Securities. Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12. Description of security or category Book value Method of valuation (including name of security) Cost or end?of-year market value (1) FinanCIaI derivatives (2) Closely-held eqUIty interests (3) Other (A) t3.) LC) t9.) IE.) IF.) LG.) Total. (Column must equal Form 990 PartX, col (B)line12) Part Investments- Program Related. Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13. Description of investment Book value Method of valuation Cost or end?of?year market value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column must equal Form 990, Part X, col (B) line 13) Part IX Other Assets. Com lete if the organization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15. Book value m?deI-wad 9 Total. Column must Form 990, Part X, col line 15 Other Liabilities. Complete if the organization answered "Yes" to Form 990, Part IV, line He or 11f. See Form 990, Part X, line 25. 1. Description of liability (bl 300k value . 1.. (1) Federal incometaxes (3) ?a?f?xfg (Total. {Column must equal Form 990, PartX, col (B)line 25) 3: by? ?335 sf ?g 2. for uncertain tax posmons In Part prowde the text of the footnote to the organization's finanCiaI statements that reports the organization's liability for uncertain tax posmons under FIN 48 (ABC 740) Check here if the text of the footnote has been prowded in Part El 321:2101000 Schedule (Form 990) 2014 6256EX K922 7/7/2016 12:02:09 pm 14?7.16 120-0096944?0077672 PAGE 20 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Schedule 0 (Form 990) 2014 Page 4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Com plete if the organization answered "Yes" to Form 990, Part IV, line 12a. 1 Total revenue. gains, and other support per audited ?nanCIal statements 1 Amounts included on line 1 but not on Form 990, Part line 12. a Net unrealized gains (losses) on investments 23 . Donated servnces and use of 2b Recoveries of prior year grants 2c Other (Describe In Part 2d Add Ines Za through 2d 2e 3 Subtract IIne 2e from IIne1 3 4 Amounts included on Form 990. Part line 12, but not on lune 1: a Investment expenses not Included on Form 990. Part line 7b 4a i Other (Describe In Part I 4b Add Ines 4a and 4b 4c 5 Total revenue Add lines 3 and 4c. (Thrs must equal Form 990, Part I, line 12) 5 Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered "Yes" to Form 990, Part IV, line 123. 1 Total expenses and losses per audited ?nancral statements 1 Amounts Included on line 1 but not on Form 990, Part IX, line 25' a Donated servuces and use of faculties 2a Prior year adjustments cOtherIosses 26 2d Add llnes 2a through 2d 2e 3 3 4 Amounts Included on Form 990, Part IX. Me 25. but not on line 1 3 Investment expenses not included on Form 990, Part lme 7b 4a Other (Describe In Part 4b Add llnes 4a and 4b 4c 5 Total expenses. Add line's'a'a'nd- tic: (This must eguaI'ForlmIQIQO, Part I, line 18' 5 Supplemental Information. Provrde the descriptions requrred for Part II, lines 3. 5, and 9, Part lines 13 and 4; Part IV, lines 1b and 2b, Part V. line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provrde any addltional information JSA Schedule (Form 990) 2014 4E1271 1 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.16 120-0096944-0077672 PAGE 21 7?7? Schedule (Form 990) 2014 I VETS FOR ECONOMIC FREEDOM TRUST Supplemental Information (continued) 45-3593119 Page 5 JSA 4E1226 1 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.16 Schedule (Form 990) 2014 120-0096944-0077672 PAGE 22 SCHEDULE Compensation Information (Form 990) For certain Officers, Directors, Trustees. Key Employees. and Highest Departmentofthe Treasury Attach to Form 990. Internal Revenue Semee Information about Schedule (Form 990) and its instructions is at Name of the organization 1a Compensated Employees Complete if the organization answered "Yes" on Form 990, Part IV, line 23. Open to Public Inspection Employer identi?cation number VETS FOR ECONOMIC FREEDOM TRUST 45?3593119 Questions Regarding Compensation Yes No Check the appropriate box(es) if the organization prowded any of the followmg to or for a person listed in Form 990, Part VII, Section A, line 1a Complete Part to prov1de any relevant information regarding these Items. First-class or charter travel Housmg allowance or reSidence for personal use Travel for companions Payments for busmess use of personal reSIdence Tax Indemnification and gross-up payments Health or somal club dues or initiation fees Discretionary spending account Personal sewices maid, chauffeur, chef) If any of the boxes on line 1a are checked. did the organization follow a written policy regarding payment or reimbursement or prowsmn of all of the expenses described above? If complete Part to explaln 1b Did the organization reqUIre substantiation prior to reimbursmg or allowmg expenses incurred by all directors, trustees, and officers, including the CEO/Executive Director, regarding the items checked in line 1a? 2 Indicate which, if any, of the followmg the filing organization used to establish the compensation of the organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to establish compensation of the CEO/Executive Director. but explain in Part - Compensation committee I Written employment contract Independent compensation consultant Compensation survey or study I Form 990 of other organizations Approval by the board or compensation committee During the year, did any person listed in Form 990, Part VII, Section A, line 1a, With respect to the ?ling organization or a related organization Receive a severance payment or change-of?control payment? 43 PartICIpate in, or receive payment from, a supplemental nonquali?ed retirement plan? 4b PartICIpate in, or receive payment from, an equrty?based compensation arrangement? 4c If "Yes" to any of lines 4a-c, list the persons and prowde the applicable amounts for each item in Part Only section 501(c)(3), 501(c)(4). and 501(c)(29) organizations must complete lines 5?9. For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of' The organization? 5a Any related organization? 5b If "Yes" to line Sa or 5b, describe in Part For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of The organization? 6a Any related organization? 6b If "Yes" to line 6a or 6b, descnbe in Part For persons listed in Form 990, Part VII, Section A, line 1a, did the organization prowde any non-fixed payments not described in lines 5 and 6? If "Yes," describe in Part 7 Were any amounts reported ?1 Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the initial contract exception described in Regulations section 53 If "Yes," describe in Part 8 If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53 9 For Paperwork Reduction Act Notice, see the Instructions for Form 990. JSA 4E1290 1 000 6256EX K922 7/7/2016 12:02:09 PM l4-7.l6 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 23 VETS FOR ECONOMIC FREEDOM TRUST Schedule (Form 990) 2014 Of?cers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies If additional sgce IS needed. For each IndIVIdual whose compensation must be reported In Schedule J. report compensation from the organization on row (I) and from related organizations. described In the Instructions, on row Do not list any that are not listed on Form 990, Part VII Note. The sum of columns for each listed InlelduaI must equal the total amount of Form 990. Part VII. Sectlon A. IndIVIdual. 45-3593119 Page 2 lme 1a, applicable column (D) and (E) amounts for that (A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (I) Base (II) Bonus 8. Incentive Other corn pensatlon compensation reportable compensation (D) Nontaxable (E) Total of columns bene?ts (F) Compensation In column (B) reported as deferred In pnor Form 990 PETER HEGSETH 1CHIEF EXECUTIVE OFFICER 132,549. 50,000. 4,926. 187,475. (ii) 0 0 JOSEPH GECAN 2VICE PRESIDENT (STRATEGY) 124,702. 50,000. 7,510. 16,716. 198,928. (ii) L.) @000 0 0000 Iii) (ii) (il) Ii) (Ii) Iii) 10 11 12 13 (Ii) 14 15 (Ii) 16 JSA 4E1291 1000 6256EX K922 7/7/2016 12:02:09 PM 14-7.16 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 24 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Schedule (Form 990) 2014 Page 3 MSupplemental Information Complete this part to provide the information, explanation. or descriptions required for Part I, lines 1aand for Part II. Also complete this part for any additional information. Schedule (Form 990) 2014 JSA 451505 1 000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120-0096944-0077672 PAGE 25 SCHEDULE Transactions With Interested Persons OMB No 1545-0047 (Form 990 990-EZ) Complete if the organization answered "Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 2@ 1 4 28b, or 28c, or Form 990-EZ, Part V. line 38a or 40b. Department of the Treasury DAttach to Form 990 or Form 990-EZ. Open To Public Internal Revenue Service Information ab0ut Schedule (Form 990 or 990-EZ) and Its instructions is at gov/form990. Inspection Name of the organization Employer identification number VETS FOR ECONOMIC FREEDOM TRUST 45?3593119 Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only). Complete if the organization answered ?Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b Name of disquali?ed person Relationship bgg?ggtigzuali?ed person and Description of transaction cut-:Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958 3 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization Loans to and/or From Interested Persons. Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22. Name of interested person Relationship Purpose of Loan to or Onginal Balance due (9) In default? Approved Written with organization loan from the pnnCIpal amount by board or agreement? organization" committee? To From Yes No Yes No Yes No Grants or Assistance Benefiting Interested Persons. Complete if the organization answered ?Yes" on Form 990, Part IV, line 27. Name of interested person Relationship between interested Amount of aSSistance Type of a55istance Purpose of assistance person and the organization For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule (Form 990 or 990-EZ) 2014 JSA 4E12971 000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120-0096944-0077672 PAGE 26 VETS FOR ECONOMIC FREEDOM TRUST Schedule (Form 990 or 990-EZ) 2014 Part IV Business Transactions Involving Interested Persons. Complete if the organization answered "Yes" on Form 990, Part IV. line 28a, 28b. or 28c. 45-3593119 Page 2 Name of interested person Relationship between interested person and the organization to) Amount of Description of transaction transaction (9) Sharing of org an Izauon's revenues? Yes No (1) SEE PART (Supplemental Information Prowde additional information for responses to questions on Schedule (see instructions) SCHEDULE L, PART IV I) PHILIP HEGSETH 2) PHILIP HEGSETH IS THE BROTHER OF PETER HEGSETH, WHO IS THE CEO. 3) 5 69,497 4) PHILIP HEGSETH IS COMPENSATED AS AN EMPLOYEE OF THE ORGANIZATION. 5) NO 6256EX K922 7/7/2016 12:02:09 PM 14?7.16 Schedule (Form 990 or 990-EZ) 2014 120-0096944?0077672 PAGE 27 SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ (Form 990 or Complete to provide information for responses to specific questions on Depanmenmme has" Form 990 or 990-EZ or to provide any additional information. Open to Public nterna Revenue Semce Attach to Form 990 0r 990'Ez. Inspection Name ofthe organization Employer identi?cation number VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 FORM 990, PART VI, SECTION A, LINE 7A IN ADDITION TO THE EXISTING TRUSTEE HAVING THE ABILITY TO ELECT A SUCCESSOR TRUSTEE, A SEPARATE LLC HAS THE POWER TO APPOINT ANOTHER TRUSTEE, SUBJECT TO CERTAIN LIMITATIONS. FORM 990, PART VI, SECTION A, LINE BE THERE ARE NO SUCH COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARED AND REVIEWED THE FORM 990. A FULL DRAFT OF THE 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO INTERNAL MANAGEMENT AND OUTSIDE LEGAL COUNSEL FOR REVIEW. ALL QUESTIONS ARE ADDRESSED AND ANY MODIFICATIONS ARE MADE, IF NECESSARY. THE FINAL FORM 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO THE TRUSTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEE IS COVERED UNDER THE CONFLICT OF INTEREST POLICY. LEGAL COUNSEL REVIEWS WITH THE TRUSTEE THE POLICY AND ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION ENGAGED A HUMAN RESOURCES CONSULTING ORGANIZATION TO PERFORM A COMPENSATION STUDY. THE CONSULTING ORGANIZATION USED DATA FROM COMPARABLE NON-PROFITS TO ESTABLISH A REASONABLE COMPENSATION LEVEL FOR For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990-EZ) (2014) JSA 432271000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120-0096944-0077672 PAGE 28 Schedule 0 (Form 990 or QQO-EZ) 2014 Page 2 Name of the organization Employer identi?cation number VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 THE CEO. THE COMPENSATION IS APPROVED BY THE TRUSTEE. FORM 990, PART VI, SECTION B, LINE 15B THE ORGANIZATION ENGAGED A HUMAN RESOURCES CONSULTING ORGANIZATION TO PERFORM A COMPENSATION STUDY. THE CONSULTING ORGANIZATION USED DATA FROM COMPARABLE NON-PROFITS TO ESTABLISH A REASONABLE COMPENSATION LEVEL FOR THE OFFICERS AND KEY EMPLOYEES. THE COMPENSATION IS APPROVED BY THE TRUSTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL REQUIRED DISCLOSURES AVAILABLE TO THE PUBLIC UNDER IRS REGULATIONS. JSA Schedule 0 (Form 990 or 990-EZ) 2014 4E12281000 6256EX K922 7/7/2016 12:02:09 PM l4-7.l6 120?0096944-0077672 PAGE 29 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 SCHEDULE . . . (Form 990, Related Organizations and Unrelated Partnerships Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36. or 37. Attach to Form 990. Dapartm ent of the Treasury internal Revenue gem? Information about Schedule (Form 990) and its instructions is at OMB No 1545-0047 2014 Open to Public Ins pection Name of the organization VETS FOR ECONOMIC FREEDOM TRUST Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. Employer Identi?cation number 45-3593119 (hi (6) (dl Name, address. and EIN (if applicable) of disregarded entity Primary Legal (state Total Income (0 Direct controlling entity or foreign country) 11) CVA EVENTS LLC 45-3763542 1405 S. FERN ST, #197 ARLINGTON, VA 22202 SUPPORT DE 179,061. VETS FOR ECONOMIC FREEDOM TRUST (2) (3) (4) (5) l5) Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990. Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year. (C) (9) Name. address. and EIN of related organization Primary activrty Legal domicue (state Exempt Code section Public charity status or foreign country) (it section 501(c)(3)) Direct controlling (9i Section 512(b)(13) controlled entity? Yes No (1) CONCERNED VETERANS FOR AMERICA, INC 46-3508366 1405 FERN ST, #197 ARLINGTON, VA 22202 EDUCATION DE 501 (C) 3 7 VETS FOR ECONOMIC FREEDOM TRUST (2) (3) l4) (5) (5) (7t For Paperwork Reduction Act Notice. see the Instructions for Form 990. JSA 451307 1 000 6256EX K922 7/7/2016 12:02:09 PM 14-7.16 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 3 0 VETS FOR ECONOMIC FREEDOM TRUST Schedule (Form 990) 2014 Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year. 45-3593119 Page 2 Name. address, and EIN of (8) lb) Primary activrty related organization (6) Legal domicile (state or foreign country) id) Direct controlling entity (9) Predominant income (related, unrelated. excluded from tax under sections 512-514) (0 Share oftotal income to) Share of end-of- year assets albumin? Yes No ll) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065) U) General or managing partner? Yes No (kl Percentage ownership (1) 12) J3) (4) (5) (6) (7) Part IV Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV. line 34 because it had one or more related organizations treated as a corporation or trust during the tax year. Name, address, and EIN of related organization (bl Primary (0) Legal domicue (state or foreign country) (6) Direct controlling entity (0) Type of entity (C corp. corp, or trust) (0 Share of total income (9) Share of 0) Section end-of-year assets Percentage ownership 512(b)(13) controlled entit Yes No l1) l2) (3) (4) (5) (5) JSA (?1308 1 000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 31 Schedule (Form 990 20 4 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Related Organizations Complete If the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36. Note. Comp ete 1 During the tax year Receipt of Gift. grant Gift. grant Loans or can guarantees to Loans or can guarantees (0.00130 0-03.: Eco Reimbursement pa to re Reimbursement pa by re CT Othertr 5 Other transfer of cash or butlon to related orgamzatron(s) butlon from related organization(s)_ by related organization(s) from re ated org Sale of assets to re ated 0 Purchase of assets from i Exchange of assets Lease of fac amzatlon(s). related organization(s) elated organrzatron(s)? Lease of fee Performance of serv ces or Performance of serv ces 0 Sharing of fac Sharing of pa emp oyees ated organrzatron(s) for expensesated organrzatron(s) for expenses . . . . . . . . . . . property to related organization(s) . property from related organrzatron(slisted In Parts II. or IV of schedule eorganlzatlon engage In any of the followrng transactions With one or more related organizations listed In Parts ll-lV'P annumes royalties or(iv) rent from a controlled entity or for related organizatlon(s) ent or other assets to related organization(s) ent or otherassets from related organization(s) . . mmembership or fundralsmg solucrtatlons for related organrzatron(s) membership or solICItatIons by related organization(s). ment, mailing or other assets related orgamzatron(s) related organizatlomsthe answer to any of the a bove IS "Yes," see the Instructions for information on who must complete this line Including covered relationships and transaction thresholds. Name Of related organization lb) (6) Tran sactlon Amount Involved type Method of amount Involved (1) CONCERNED FOR AMERICA, INC . 86, 151. FMV l2) (3) (4) (5) (5) JSA 4E13091000 6256EX 016 12:02:09 PM 14-7.16 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 32 i Schedule (Form 990) 2014 VETS FOR ECONOMIC FREEDOM TRUST 45-3593119 Page 4 Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37. PrOVide the followmg information for each entity taxed as a partnership through which the organization conducted more than five percent of Its activmes (measured by total assets or gross revenue) that was not a related organization. See Instructions regarding exclusnon for certain investment partnerships. Name. address. and or entity (q (m N) in u) (m Legal Predominant Are 3" Farmers Share of Share of Disproporlionata COGS - UBI General or (state or foreign income (related. section total Income end-oi-yea: atlocatlons? amount In box 20 managing country) unrelated. excluded 7 assets of Schedule K-1 partner? from tax under organize ions (Form 1065) sectionss12-514(R) Percentage Ownership (1) i (2) (3) (4) (5) i6) t7) (8) (9) (10) (11) (12) (13) (14) (15) (15) 4E131O 1000 6256EX K922 7/7/2016 12:02:09 PM 120-0096944-0077672 Schedule (Form 990) 2014 PAGE 33 VETS FOR ECONOMIC FREEDOM TRUST 45?3593119 Schedule (Form 990) 2014 Page 5 Part VII Supplemental Information Complete this part to prov1de additional Information for responses to questions on Schedule (see instructions). Schedule (Form 990) 2014 4515101000 6256EX K922 7/7/2016 12:02:09 PM 14-7.l6 120?0096944-0077672 PAGE 34