Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - 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) 2 0 1 8 Do not enter somal security numbers on this form as it may be made public for instructions and the latest information. Trensun Internal Rex enue Sen 1ce A For the 2019 calendar year, or tax year beginning 01-01-2018 and ending 12-31-2018 OMB No 1545-0047 Open to Public Inspection Name of organization If applicable Independent Women's V0ice Address change Name change Employer identification number 36-4534086 El Initial return D0ing busmess as El Final return/terminated El Amended return Number and street (or 0 box if mall is not delivered to street address) El Application pendingl 1300 I Street NW Room/swte Telephone number (202) 857-3293 Washington, DC 20005 City or town, state or provmce, country, and ZIP or foreign postal code Gross receipts 2,148,976 Tammy Bruce 1875 I Street NW Washington, DC 20006 Name and address of prinCIpal officer I Tax-exem pt status 501(c)(4)4(insertno) l:l 527 Website:> iwv0ice org H(a) Is this a group return for subordinates? l:lYes .No H(b) Are all subordinates included? Yes l:lNo If attach a list (see instructions) Group exemption number Form of organization Corporation l:l Trust l:l l:l Other? Year of formation 2003 State of legal domICIle DC Summary 1 Briefly describe the organization?s mi55ion or most Significant actiwties Engage more indiViduals in legislative advocacy, educate them about the impact of public on their lives and our economy, and bU ld support for that empower indiViduals by giVing them greater Freedom and autonomy oi. Goveinance Check this box l:l if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) 3 3 4 Number of independent voting members of the governing body (Part VI, line 1b) 4 2 5 Total number of indiViduals employed in calendar year 2018 (Part V, line 2a) 5 0 6 Total number of volunteers (estimate if necessary) 6 1 7a Total unrelated busmess revenue from Part column (C), line 12 7a 0 Net unrelated busmess taxable income from Form 990-T, line 34 7b 0 Prior Year Current Year 0- 8 Contributions and grants (Part line 1h) 2,981,161 2,110,958 9 Program serVIce revenue (Part line 29) 0 10 Investment income (Part column (A), lines 3, 4, and 7d) 31,131 34,531 11 Other revenue (Part column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 2,673 3,487 12 Total revenue?add lines 8 through 11 (must equal Part column (A), line 12) 3,014,955 2,148,976 13 Grants and Similar amounts paid (Part IX, column (A), lines 1?3) 0 14 Benefits paid to or for members (Part IX, column (A), line 4) 0 33 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5?10) 762,522 780,223 16a Professwnal fundraismg fees (Part IX, column (A), line He) 0 g. Total fundraismg expenses (Part IX, column (D), line 25) '1 17 Other expenses (Part IX, column (A), lines 11a?11d, 11f?24e) 1,263,181 2,131,381 18 Total expenses Add lines 13?17 (must equal Part IX, column (A), line 25) 2,025,703 2,911,604 19 Revenue less expenses Subtract line 18 from line 12 989,262 -762,628 3 3 Beginning of Current Year End of Year 13% 20 Total assets (Part X, line 16) 3,986,612 3,223,065 :2 21 Total liabilities (Part X, line 26) 20,413 22,964 22 Net assets or fund balances Subtract line 21 from line 20 3,966,199 3,200,101 Mnature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge 2019-10-22 Sign Signature of officer Date Here ?Tammy Bruce PreSIdent Type or print name and title Print/Type preparer's name Preparer's Signature Date PTIN 2019-10-22 Check El If P00635040 Pald self-employed Preparer Firm's name Douglas Corey 8i Assooates PC Firm's EIN use only Firm's address 10201 Fairfax 480 Phone no (703) 354?2900 Fairfax, VA 22030 May the IRS discuss this return With the preparer shown above? (see instructions) . . Yes l:l No For Paperwork Reduction Act Notice, see the separate instructions. Cat No 11282Y Form 990 (2018) Form 990 (2018) Page 2 Part Statement of Program Service Accomplishments Check If Schedule 0 contaIns a response or note to any Ine In thIs Part . . . . . . . . . . . . . . l:l 1 Briefly descrIbe the organIzatIon's mI55Ion Engage more IndIVIduals In legislative advocacy, educate them about the Impact of pubIIc polICIes on theIr Ives and our economy, and bUIld support for po IcIes that empower IndIVIduals by gIvmg them greater freedom and autonomy 2 the organIzatIon undertake any SIgnIFIcant program serVIces durIng the year were not Isted on theprIorForm9900r990-EZ7 . . . . . . . . . . . . . . . . . . . . . l:lYes .No If "Yes," descrIbe these new serVIces on Schedule 0 3 the organIzatIon cease conductIng, or make SIgnIfIcant changes In how It conducts, any program l:lYes-No If "Yes," descrIbe these changes on Schedule 4 DescrIbe the organIzatIon's program serVIce accompIIshments for each of Its three largest program serVIces, as measured by expenses SectIon 501(c)(3) and 501(c)(4) organIzatIons are reqUIred 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 2,616,480 IncludIng grants of 0 (Revenue 0 See AddItIonal Data 4b (Code (Expenses IncludIng grants of (Revenue 4C (Code (Expenses IncludIng grants of (Revenue 4d Other program serVIces (DescrIbe In Schedule 0 (Expenses IncludIng grants of (Revenue 4e Total program service expenses? 2,616,480 Form 990 (2018) Form 990 (2018Schedule A Page 3 Part IV Checklist of Required Schedules Yes No Is the organization described In section 501(c)(3) or 4947(a)(1) (other than a prIvate foundation)? If "Yes,? complete 1 No Is the organization reqUIred to complete Schedule 5, Schedule of Contributors (see instructions)? *3 . 2 YES Did the organization engage In direct or indirect political campaign actIVItIes on behalf of or In oppOSItIon to candidates Yes for public of?ce? If ?Yes," complete Schedule C, Part I 3 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 . 4 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, Part . 5 0 Did the organization maIntaIn any donor adVIsed funds or any Similar funds or accounts for donors have the rIght to prOVIde adVIce on the dIstrIbutIon or Investment of amounts In such funds or accounts? If ?Yes, complete Schedule D, Pan? 6 0 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 7 0 Did the organization maIntaIn collections of works of art, historical treasures, or other sImIIar assets? If ?Yes, complete Schedule D, Pan? 3 0 Did the organization report an amount In Part X, IIne 21 for escrow or custodial account serve as a custodian for amounts not listed In Part X, or prowde credit counseIIng, debt management, credit repair, or debt negotIatIon serVIces?If "Yes, complete Schedule D, Part IV 9 0 Did the organizatIon, directly or through a related organIzation, hold assets In temporarily restrIcted endowments, 10 No permanent endowments, or quasI-endowments? If ?Yes," complete Schedule D, Pan? 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 eqUIpment In Part X, line 10? If ?Yes, complete Schedule D, Pan11-3 es Did the organizatIon report an amount for Investments?other securIties In Part X, IIne 12 that Is 5% or more of Its total assets reported In Part X, line 16? If "Yes," complete Schedule D, Part VII . 11b 0 Did the organizatIon report an amount for Investments?program related In Part X, IIne 13 that IS 5% or more of Its total assets reported In Part X, IIne 16? If ?Yes, complete Schedule D, Part 93' . . 11C 0 Did the organizatIon report an amount for other assets In Part X, IIne 15 that Is 5% or more of Its total assets reported In PartX, line 16? If ?Yes complete Schedule D, Part Did the organizatIon report an amount for other In Part X, IIne 25? If ?Yes,? complete Schedule D, PartX .al 11e No Did the organizatIon?s separate or consolidated finanCIal statements for the tax year Include a footnote that addresses 11f Yes the organizatIon's for uncertaIn tax p05Itions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, PartX Did the organizatIon obtaIn separate, Independent audited ?nancial statements for the tax year? If "Yes, complete Schedule D, Parts XI and XII SJ . 128 Yes Was the organization Included In consolidated, Independent audIted finanCIal statements for the tax year? 12b No If "Yes, and If the organizatron answered "No? to lIne 12a, then completmg Schedule D, Parts XI and XII Is optional Is the organization a school descrIbed In section If ?Yes," complete Schedule 13 0 Did the organizatIon maIntaIn an of?ce, employees, or agents outSIde of the UnIted States? 14a No Did the organizatIon have aggregate revenues or expenses of more than $10,000 from grantmakIng, fundraismg, busmess, Investment, and program serVIce actIVIties the United States, or aggregate foreign Investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts Did the organizatIon report on Part IX, column (A), line 3, more than $5,000 of grants or other a55Istance to or for any foreIgn organizatIon? If ?Yes, complete Schedule F, Part5 II and IV . 15 N0 Did the organizatIon report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign IndIVIduals? If ?Yes, complete Schedule F, Parts and IV . 16 N0 Did the organizatIon report a total of more than $15,000 of expenses for profeSSIonal fundraismg serVIces on Part IX, 17 No column (A), lines 6 and 11e? If ?Yes," complete Schedule G, Part l(see InstructIons) Did the organizatIon report more than $15,000 total of fundraISIng event gross Income and contrIbutIons on Part IInes 1c and 8a? If "Yes," complete Schedule G, Part ll . 18 No Did the organizatIon report more than $15,000 of gross Income from gamIng actIVItIes on Part line 9a? If ?Yes," complete Schedule G, . 19 No Did the organizatIon operate one or more hospital If ?Yes," complete Schedule . 20a No If "Yes" to line 20a, dId the organIzatIon attach a copy of Its audited finanCIal statements to thIs return? 20b Did the organizatIon report more than $5,000 of grants or other assIstance to any domestIc organizatIon or domestic 21 No government on Part IX, column (A), IIne 1? If "Yes,? complete Schedule I, Parts I and II . Did the organizatIon report more than $5,000 of grants or other aSSIstance to or for domestic IndiVIduaIs on Part IX, 22 0 column (A), line 2? If "Yes, complete Schedule I, Parts I and . Form 990 (2018) Form 990 (2018) Page 4 Part IV Checklist of Required Schedules (continued) Yes No 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete 23 Yes Schedule] . 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, 20027 If "Yes,? answer lines 24b through 24d and complete Schedule If "No, go to line 25a . . . . . 24a No 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? 24c 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 disqualified person during the year? If "Yes," 25 complete Schedule L, Partl . . . . a 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 25b No If"Yes,"complete Schedule L, PanDid 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 disqualified persons? 26 No Ii If Yes, complete Schedule L, Part ll . 27 Did the organization prowde a grant or other a55istance 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 27 No of any of these persons? If "Yes, complete Schedule L, Part . 28 Was the organization a party to a busmess transaction With one of the fo 0Wing 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, a- Part family member of a current or former officer, director, trustee, or key employee? If "Yes, complete Schedule L, Parth . 28b No 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 IV . 23C es 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes,? complete Schedule . 29 No 30 Did the organization receive contributions of art, historical treasures, or other Similar assets, or qualified conservation contributions? If "Yes, complete Schedule 30 N0 31 Did the organization liqUIdate, terminate, or dissolve and cease operations? If ?Yes," complete Schedule N, Pan?l . 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 N0 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, Partl . 33 N0 34 Was the organization related to any tax-exempt or taxable entity? If "Yes, complete Schedule R, PanPartV,line1 35a Did the organization have a controlled entity Within the meaning of section 512(b)(13)? 35a N0 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)7 If "Yes," complete Schedule R, Part V, line 2 35b N0 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "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, Pan? VI 37 N0 38 Did the organization complete Schedule 0 and prowde explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reqUIred to complete Schedule 0 . 38 Yes Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this PartV . l:l Yes No 1a Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable . . 1a 9 Enter the number of Forms W-ZG included in line 1a Enter -0- if not applicable 1b 0 Did the organization comply With backup Withholding rules for reportable payments to vendors and reportable gaming (gambling) Winnings to prize WinnersForm 990 (2018) Form 990 (2018) Page 5 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, ?led for the calendar year ending With or Within the year covered by 2a 0 If at least one is reported on line 2a, did the organization file all reqUIred federal employment tax returns? 2b Yes Note.If the sum of lines 1a and 2a is greater than 250, you may be reqUIred to e-file (see instructions) 3a Did the organization have unrelated busmess gross income of $1,000 or more during the year? 3a No If ?Yes," has it Filed a Form 990-T for this year7If "No? to line 3b, prowcle 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 4a No finanCIal 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 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? 5a No Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b No If "Yes," to line 5a or 5b, did the organization file Form 8886-T7 5c 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization 6a Yes what any contributions that were not tax deductible as charitable contributions? If "Yes," did the organization include With every SOIICItation an express statement that such contributions or gifts were not tax deductible? 6b Yes 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization recewe a payment in excess of $75 made partly as a contribution and partly for goods and serVIces 7a provided to the payor7 If "Yes," did the organization notify the donor of the value of the goods or serVIces prowded" 7b Did the organization sell, exchange, or otherWIse dispose of tangible personal property for which it was reqUIred to file Form82827 7c If "Yes," indicate the number of Forms 8282 filed during the year . . . . 7d Did the organization recewe 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 . 7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor adVIsed fund maintained by the sponsoring organization have excess busmess holdings at any time during the year? 8 9a Did the sponsoring organization make any taxable distributions under section 4966? 9a Did the sponsoring organization make a distribution to a donor, donor adVIsor, or related person? 9b 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 faCIlities 10b 11 Section 501(c)(12) organizations. Enter 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 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 12 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? Note. See the instructions for additional information the organization must report on Schedule 0 13a Enter the amount of reserves the organization is reqUIred to maintain by the states in which the organization is licensed to issue qualified health plans . . . . 13b Enter the amount of reserves on hand . . . . . . . . . . . . 13c 14a Did the organization receive any payments for indoor tanning serVIces during the tax year? 14a No If "Yes," has it filed a Form 720 to report these paymentsUf prowde an explanation in Schedule 0 . 14b 15 Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? If "Yes," see instructions and file Form 4720, Schedule . . 15 16 Is the organization an educational institution subject to the section 4968 eXCIse tax on net investment income? 16 If "Yes," complete Form 4720, Schedule 0 . Form 990 (2018) Form 990 (2018) Page 6 Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 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 3 If there are material 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 2 Did any officer, director, trustee, or key employee have a family relationship or a bu5ineSS relationship With any other officer, director, trustee, or key employeeDid the organization delegate control over management duties customarily performed by or under the direct superVISion 3 No of officers, directors or trustees, or key employees to a management company or other person? 4 Did the organization make any Significant changes to itS governing documents Since the prior Form 990 was filed? . 4 N0 5 Did the organization become aware during the year of a Significant diverSion of the organization's assets? 5 No Did the organization have members or stockholders? 6 No 7a Did the organization have members, stockholders, or other persons who had the power to elect or appomt one or more membersofthegoverningbodyAre any governance deCISionS of the organization reserved to (or subject to approval by) members, stockholders, or 7b No persons other than the governing bodyDid the organization contemporaneously document the meetings held or written actions undertaken during the year by the followmg 8aYes Each committee With authority to act on behalf of the governing bodythere 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," prowde the names and addresses in Schedule 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 affiliates"Yes," did the organization have written pOl C es and procedures governing the actIVIties of such chapters, affiliates, and branches to ensure their operations are conSistent With the organization's exempt purposes? 10b 11a Has the organization prowded a complete copy of this Form 990 to all members of its governing body before filing the 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 "No, go to line 12a Yes Were officers, directors, or trustees, and key employees reqUIred to disclose annually interests that could give rise to 12bYes Did the organization regularly and conSistently monitor and enforce compliance With the policy? If ?Yes," describe in ScheduleOhowthiswasdone . . . . . . . . . . . . . . . . . . . 12: Yes 13 Did the organization have a written Whistleblower policyDid the organization have a written document retention and destruction policyDid the process for determining compensation of the followmg persons include a reweW and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and deCISion7 The organization?s CEO, Executive Director, or top management offICIal . . . . . . . . . . . 15a Yes 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 pint venture or Similar arrangement With a taxableentityduringtheyear"Yes," did the organization follow a written policy or procedure reqUIring the organization to evaluate itS participation in mint venture arrangements under applicable federal tax law, and take steps to safeguard the organization?s exempt status With respect to such arrangements16b Section C. Disclosure 17 List the States With which a copy of this Form 990 iS reqUIred to be filed? 18 Section 6104 reqUIres an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection Indicate how you made these available Check all that apply l:l Own webSIte l:l Another's webSIte Upon request l:l Other (explain in Schedule O) 19 Describe in Schedule 0 Whether (and if so, how) the organization made its governing documents, conflict of interest policy, and finanCIal 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 PPeter Lips 1875 I Street NW Washington, DC 20006 (540) 888-4752 Form 990 (2018) Form 990 (2018) Page 7 Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check If Schedule 0 contains a response or note to any line In this Part VII . . . . . . . . El Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons reqUIred to be listed Report compensation for the calendar year ending With or Within the organization's tax year 0 List all of the organization?s current officers, directors, trustees (whether indiViduals 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 definition of "key employee 0 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 organization and any related organizations 0 List all of the organization's former officers, key employees, or 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 capaCIty 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 Followmg order IndiVidual trustees or directors, institutional trustees, officers, key employees, highest compensated employees, and former such persons Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee (A) (B) (C) (D) (E) (F) Name and Title Average P05ition (do not check more Reportable Reportable Estimated hours per than one box, unless person compensation compensation amount of other week (list is both an officer and a from the from related compensation any hours director/trustee) organization organizations from the for related 3? It I (W- 2/1099- (W- 2/1099- organization and :i organizations 3? I, 3,5 MISC) MISC) related below dotted 35 f? 3 organizations line) RE 5 ?3?.1. (1) Heather Higgins 40 00 0 0 0 CEO Midge Decter 1 00 0 0 0 Director (3) Peter Lips 20 00 36,358 0 0 Treasurer (4) Carrie Lukas 8 00 22,200 0 0 Vice PreSIdent (5) Tammy Bruce 5 00 102,916 0 0 PreSIdent (6) Somerlyn Cothran 35 00 236,000 0 0 VP of Investor Relations Form 990 (2018) Form 990 (2018) Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and Title Average P05ition (do not check more Reportable Reportable Estimated hours per than one box, unless person compensation compensation amount of other week (list is both an officer and a from the from related compensation any hours director/trustee) organization (W- organizations (W- from the for related m, I organization and i_ I :11 organizations :1 3.. .3 3 related below dotted g, g: 3 organizations lineSub-Total . . . . . . . . Total from continuation sheets to Part VII, Section A dTotal (add lines 1b and 1c) . 397,474 0 0 2 Total number of ihdiViduals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 2 Yes No 3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes, complete Schedule for such indiwcluai? . 3 No 4 For any indiVidual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If ?Yes, complete Schedule for such incliwcluai' 4 Yes 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or indiVidual for serVIces rendered to the organizationUi? ?Yes, complete Schedule for such person 5 No Section B. Independent Contractors 1 Complete this table for your five 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 serwces Compensation Ashdown Forest Strategies Management Consulting 181,000 35 Moore St Apt ZA New York, NY 10013 Campion Research and Consulting Mailing/communications serVIces 150,000 53 White Oak Drive Prospect, CT 06712 Sorock Research Group, Polling/surveys 174,600 835 Geneva Pwky 1 Lake Geneva, WI 53147 New Troy Strategies, Mailing/communications serVIces 431,494 700 Washington St 310 Alexandria,VA 22314 Mailing/communications serVIces 155,477 Victory Media Group, 1701 Lake Ave 335 GlenVIew, IL 60025 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 6 Form 990 (2018) Form 990 (2018) Part Statement of Revenue Check if Schedule 0 contains a response or note to any line In this Part Page 9 El (A) Total revenue (B) Related or exempt Function revenue (C) Unrelated busmess revenue (D) Revenue excluded from tax under sections 512 - 514 'lar Amounts Contributions, Gifts, Grants imI and Other 1a Federated campaigns Membership dues Fundraismg events Related organizations All other contributions, gifts, grants, and Similar amounts not included 1f above 9 Noncash contributions included in lines 1a - if Total. Add lines 1a-Government grants (contributions) I 1e I 2,110,958 2,110,958 Program Serwce Revenuv 2a All other program serVIce revenue 9Total. Add lines 2a?2ic . . . . Busmess Code Other Revenue 103Gross sales of inventory, less 3 Investment income (including diVidends, interest, and other Similar amounts) 34,531 34,531 4 Income from investment of tax-exempt bond proceeds 5 Royalties Real (ii) Personal 6a Gross rents Less rental expenses Rental income or (loss) Net rental income or (loss) Securities (ii) Other 7a Gross amount from sales of assets other than inventory Less cost or other ba5is and sales expenses Gain or (loss) Net gain or (loss) . 83 Gross income from Fundraismg events (not including of contributions reported on line 1c) See Part IV, line 18 . . . . a bLess directexpenses . . . (3 Net income or (loss) from fundraismg events . . 9a Gross income from gaming actiwties See Part IV, line 19 bLess directexpenses . . . Net income or (loss) from gaming actIVIties returns and allowances a Less cost of goods sold . . Net income or (loss) from sales of inventory . . Miscellaneous Revenue Busmess Code llaOther income 900099 3,487 3,487 All other revenue eTotal. Add lines 11a?11d 12 Total revenue. See Instructions 3,487 2,148,976 3,487 34,531 Form 990 (2018) Form 990 (2018) Page 10 Panlx Statement of Functional Expenses 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 an line in this Part IX Do not include amounts reported on lines 6b, (A) Prograglemce Manag?rfizant and (Part Total expenses expenses general expenses Fundraismgexpenses 1 Grants and other a55istance to domestic organizations and domestic governments See Part IV, line 21 2 Grants and other a55istance to domestic indIVIduals See Part IV, line 22 3 Grants and other a55istance to forEIgn organizations, forEIgn governments, and foreign indIVIduals See Part IV, line 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . . 7 Other salaries and wages 723,876 573,270 122,306 28,300 8 Pen5ion plan accruals and contributions (include section 401 and 403(b) employer contributions) 9 Other employee benefits . . . . . . . 5,892 3,734 1,955 203 10 Payroll taxes . . . . . . . . . . . 50,455 39,829 8,757 1,869 11 Fees for serVIces (non-employees) a Management Legal . . . . . . . . . 40,193 40,193 0 0 Accounting . . . . . . . . . . . 19,449 0 19,449 0 Lobbying Professwnal fundraismg serVIces See Part IV, line 17 Investment management fees 9 Other (If line amount exceeds 10% of line 25, column 732,525 710,037 7,247 15,241 (A) amount, list line 119 expenses on Schedule O) 12 Advertismg and promotion 13 Office expenses . . . . . . . 25,667 17,643 7,388 636 14 Information technology 15 Royalties 16 Occupancy 17 Travel . . . . . . . . . . . . 71,233 29,651 5,992 35,590 18 Payments of travel or entertainment expenses for any federal, state, or local public offICIals 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 DepreCIation, depletion, and amortization . . 2,097 1,329 696 72 23 Insurance . . . 4,252 1,346 2,833 73 24 Other expenses Itemize expenses not covered above (List miscellaneous expenses in line 24a If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule 0 a Grass roots actIVIty 19,425 19,425 0 0 Active engagement 853,757 853,757 0 0 Polling 206,450 206,450 0 0 Dues and subscriptions 37,612 29,887 225 7,500 All other expenses 118,721 89,929 11,729 17,063 25 Total functional expenses. Add lines 1 through 24e 2,911,604 2,616,480 188,577 106,547 26 Joint costs. Complete this line only if the organization reported in column (B) costs from a combined educational campaign and fundraismg soIICItation Check here l:l if followmg SOP 98-2 (ASC 958-720) Form 990 (2018) Form 990 (2018) Page 11 Part Balance Sheet Check if Schedule 0 contains a response or note to any line In this Part IX . . l:l (A) (B) Beginning of year End of year 1 Cash?non-interest-bearing 11989227 1 531:953 2 Savmgs and temporary cash Investments 2 3 Pledges and grants recewable, net 3 4 Accounts receivable, net 2,784 4 56,395 5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees Complete 5 PartllofScheduleL . . . . . . . . . . . 6 Loans and other receivables from other disqualified persons (as de?ned under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) 6 voluntary employees' beneFICIary organizations (see instructions) Complete Part II of Schedule . 7 Notes and loans receivable, net 1,975,000 7 2,475,000 Inventories for sale or use 8 9 Prepaid expenses and deferred charges 9,358 9 52,853 10a Land, and eqUIpment cost or other basis Complete Part VI of Schedule 103 25-581 Less accumulated depreCIation 10b 23,397 3,203 10c 3,284 11 Investments?publicly traded securities 7,040 11 3.570 12 Investments?other securities See Part IV, line 11 12 13 Investments?program-related See Part IV, line 11 13 14 Intangible assets 14 15 Other assets See Part IV, line 11 15 16 Total assets.Add lines 1 through 15 (must equal line 34) 3,986,612 16 3,223,065 17 Accounts payable and accrued expenses 20.413 17 22.964 18 Grants payable 18 19 Deferred revenue 19 20 Tax-exempt bond liabilities 20 vi 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 employees, and disqualified persons Complete Part II of Schedule 22 ?1 23 Secured mortgages and notes payable to unrelated third parties 23 24 Unsecured notes and loans payable to unrelated third parties 24 25 Other liabilities (including federal income tax, payables to related third parties, 25 and other liabilities not included on lines 17 - 24) Complete Part of Schedule 26 Total liabilities.Add lines 17 through 25 20.413 26 22.954 :3 Organizations that follow SFAS 117 (ASC 958), check here and 2 complete lines 27 through 29, and lines 33 and 34. ?5 27 Unrestricted net assets 3,966,199 27 3,200,101 ?05 28 Temporarily restricted net assets 28 '9 29 Permanently restricted net assets 29 Organizations that do not follow SFAS 117 (ASC 958), 5 check here l:l and complete lines 30 through 34. 30 Capital stock or trust prinCIpal, or current funds . 30 a; 31 Paid-in or capital surplus, or land, or eqUIpment fund 31 32 Retained earnings, endowment, accumulated income, or other funds 32 a 33 Total net assets or fund balances 3,966,199 33 3,200,101 2 34 Total liabilities and net assets/fund balances 3,986,612 34 3,223,065 Form 990 (2018) Form 990 (2018) Reconcilliation of Net Assets Page 12 Check If Schedule 0 contaIns a response or note to any lIne In thIs Part XI omummthI-n 10 Total revenue (must equal Part column (A), lIne 12) 1 2,148,976 Total expenses (must equal Part IX, column (A), lIne 25) 2 2,911,604 Revenue less expenses Subtract Me 2 from IIne 1 3 -762,628 Net assets or fund balances at begInnIng of year (must equal Part X, lIne 33, column 4 3,966,199 Net unrealized gaIns (losses) on Investments 5 -3,470 Donated serVIces and use of 6 Investment expenses 7 PrIor perIod adjustments 8 Other changes In net assets or fund balances (explaIn In Schedule 0) 9 Net assets or fund balances at end of year CombIne lInes 3 through 9 (must equal Part X, Me 33, column 10 3,200,101 Part XII Financial Statements and Reporting Check If Schedule 0 contaIns a response or note to any lIne In thIs Part 2a 3a AccountIng method used to prepare the Form 990 l:l Cash Accrual l:l Other If the organIzatIon changed Its method of accountmg from a prIor year or checked "Other," explaIn In Schedule 0 Were the organIzatIon?s fInanCIal statements comleed or reVIewed by an Independent accountant? If ?Yes,? check a box below to IndIcate whether the fInanCIal statements for the year were complied or reVIewed on a separate ba5Is, consoIIdated ba5Is, or both l:l Separate ba5Is l:l ConsolIdated ba5Is l:l Both consolldated and separate ba5Is Were the organIzatIon?s fInanCIal statements audIted by an Independent accountant? If ?Yes,? check a box below to IndIcate whether the fInanCIal statements for the year were audIted on a separate ba5Is, consolldated ba5Is, or both Separate ba5Is l:l ConsolIdated ba5Is l:l Both consolldated and separate ba5Is If "Yes," to lIne 2a or 2b, does the organIzatIon have a commIttee that assumes for overSIght of the audIt, reVIew, or compIIatIon of Its fInanCIal statements and selectIon of an Independent accountant? If the organIzatIon changed eIther Its overSIght 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 descrIbe any steps taken to undergo such audIts Yes Form 990 (2018) Additional Data Software ID: 18007482 Software Version: EIN: 36-4534086 Name: Independent Women?s Vonce Form 990 (2018) Form 990, Part Line 4a: Educate the publlc about the Impact of publlc on American and the economy, and encourage thelr engagement and actlon so that hear the VOlceS of mainstream women and Independents Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493295004249 SCHEDULE Political Campaign and Lobbying Activities Egrm 990 or 990? For Organizations Exempt From Income Tax Under section 501(c) and section 527 2 0 1 8 Open to Public PComplete if the organization is described below. PAttach to Form 990 or Form 990-EZ. to for instructions and the latest information. Department of the Trensiin Inspection Internal Re\ enue Sen ice If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then a Section 501(c)(3) organizations Complete Parts l-A and Do not complete Part I-C 0 Section 501(0) (other than section 501(c)(3)) organizations Complete Paits l-A and below Do not complete Part I-B 0 Section 527 organizations Complete Part I-A only If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then a Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part ll-A Do not complete Part 0 Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)) Complete Part Do not complete Part ll-A If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then a Section 501(c)(4), (5), or (6) organizations Complete Part Name of the organization Independent Women's V0ice Employer identification number 36-4534086 Complete if the organization is exempt under section 501(c) or is a section 527 organization. 1 Prowde a description of the organization's direct and indirect political campaign actIVIties in Part IV (see instructions for definition of ?political campaign actIVIties?) 2 Political campaign actIVIty expenditures (see instructions) 271,520 3 Volunteer hours for political campaign actiwties (see instructions) 0 Part I-B Complete if the organization is exempt under section 501(c)(3). 1 Enter the amount of any tax incurred by the organization under section 4955 2 Enter the amount of any tax incurred by organization managers under section 4955 3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? Yes No 4a Was a correction made? Yes No If "Yes," describe in Part IV Complete if the organization is exempt under section 501(c), except section 501(c)(3). 1 Enter the amount directly expended by the filing organization for section 527 exempt function actiwties 0 Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function actiwties 0 Total exempt function expenditures Add lines 1 and 2 Enter here and on Form 1120-POL, line 17b 0 4 Did the filing organization file Form 1120-POL for this year? El Yes No 5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization made payments For each organization listed, enter the amount paid from the filing organization?s funds Also enter the amount of political contributions recewed that were and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC) If additional space is needed, prowde information in Part IV Name Address EIN Amount paid from filing organization?s funds If none, enter -0- Amount of political contributions recewed and and directly delivered to a separate political organization If none, enter -0- 6 For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ. No 500845 Schedule (Form 990 or 990-EZ) 2018 Schedule (Form 990 or 990-EZ) 2018 Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)). Page 2 A Check l:l IF the organizatIon belongs to an affiliated group (and list In Part IV each affiliated group member's name, address, EIN, Check l:l If the fIlIng organizatIon checked box A and "lImIted control" prOVISIons apply expenses, and share of excess lobbying expenditures) Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.) Filing organIzation's totals Affiliated group totals 1a Total lobbying expenditures to Influence publIc opInIon (grass roots lobbying) Total lobbying expenditures to Influence a legislative body (dIrect lobbyIng) Total lobbyIng expenditures (add lines 1a and 1b) Other exempt purpose expendItures Total exempt purpose expendItures (add lines 1c and 1d) Lobbying nontaxable amount Enter the amount from the Followmg table In both columns If the amount on line 1e, column or is: The lobbying nontaxable amount is: Not over $500,000 20% of the amount on Ine 1e Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 $1,000,000 9 Grassroots nontaxable amount (enter 25% of line if) Subtract lIne lg from line 1a If zero or less, enter -0- i Subtract lIne 1f from line 1c If zero or less, enter -0- 1 If there Is an amount other than zero on eIther line lb or lIne 1i, did the organization ?le Form 4720 reporting l:l l:l section 4911 tax for this year? Yes NO 4-Year Averaging Period Under section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.) Lobbying Expenditures During 4-Year Averaging Period Calendar year (or ?scal year beginning In) 2015 2016 2017 2018 Total 2a LobbyIng nontaxable amount LobbyIng ceiling amount (150% of Me 2a, column(e)) Total lobbying expendItures Grassroots nontaxable amount Grassroots ceiling amount (150% of Me 2d, column Grassroots lobbyIng expenditures Schedule (Form 990 or 990-EZ) 2018 Schedule (Form 990 or 990-EZ) 2018 Page 3 Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)). a For each ?Yes" response on [Ines 1a through 11 below, prowde In Part IV a detailed description of the lobbying actIVIty Yes No Amount 1 During the year, dId the fIlIng organization attempt to Influence foreign, national, state or local legislation, Including any attempt to influence public opInion on a legislative matter or referendum, through the use of Volunteers? Paid staff or management (include compensation In expenses reported on lines 1c through Media advertisements? Mailings to members, legislators, or the public? Publications, or published or broadcast statements? Grants to other organizations for lobbying purposes? Direct contact With legislators, their staffs, government offICIals, or a legislative body? Rallies, demonstrations, semInars, conventions, speeches, lectures, or any Similar means? Other actIVItIes7 Total Add lInes 1c through 1i 2a Did the actIVItIes In line 1 cause the organization to be not descrIbed In section 501(c)(3)? If "Yes," enter the amount of any tax incurred under section 4912 If "Yes," enter the amount of any tax incurred by organization managers under section 4912 If the filing organization Incurred a section 4912 tax, did it file Form 4720 for this year? Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6). Yes No 1 Were substantially all (90% or more) dues received nondeductible by members? 1 Yes 2 Did the organization make only In-house lobbying expenditures of $2,000 or less? 2 Yes 3 Did the organization agree to carry over lobbying and political expenditures from the prIor year? 3 No Part Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either BOTH Part lines 1 and 2, are answered "No" OR (D) Part line 3, is answered ?Yes." 1 Dues, assessments and amounts from members 1 2 SectIon 162(e) nondeducthle lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid). a Current year 23 Carryover from last year 2b Total 2c 3 Aggregate amount reported In section 6033(e)(1)(A) notIces of nondeducthle sectIon 162(e) dues 3 4 If notices were sent and the amount on IIne 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? 4 5 Taxable amount of lobbying and political expenditures (see Instructions) 5 Supplemental Information Prowde the descriptions reqUIred for Part l-A, Ine 1, Part l-B, Me 4, Part l-C, line 5, Part II-A (affiliated group lIst), Part II-A, Ines 1 and 2 (see instructIons), and Part line 1 Also, complete thIs part for any additIonal InformatIon Return Reference Explanation Pt I-A LIne 1 IWV Is an educational and issue advocacy organization Pt I-A LIne 1 engaged In reachIng conservative and maInstream Pt I-A LIne 1 independents and women on the most important polIcy and Pt I-A LIne 1 legIslatIve battles of the day Schedule (Form 990 or 99OEZ) 2018 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - SCHEDULE (Form 990) Department of the Trensiin Internal Re\ enue Sen lCt?. Supplemental Financial Statements OMB No 1545-0047 Complete if the organization answered "Yes," on Form 990, 2 0 1 8 Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b. Attach to Form 990. Go to for the latest information. Open to Public Inspection Name of the organization Independent Women's V0ice Employer identification number 36-4534086 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6. Total number at end of year Aggregate value at end of year Aggregate value of contributions to (during year) Aggregate value of grants from (during year) Donor adVIsed funds (b)Funds and other accounts organization?s property, subject to the organization?s excluswe legal control? Did the organization inform all donors and donor adVisors in writing that the assets held in donor adVised funds are the l:l Yes l:l 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 impermISSIble private benefit? l:l Yes l:l No Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7. 1 Purpose(s) of conservation easements held by the organization (check all that apply) l:l Preservation of land for public use (e recreation or education) l:l Preservation of an historically important land area l:l Protection of natural habitat l:l Preservation of a certified historic structure l:l Preservation of open space 2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year Held at the End of the Year a Total number of conservation easements 2a Total acreage restricted by conservation easements 2b Number of conservation easements on a certified historic structure included in 2c Number of conservation easements included in achIred after 7/25/06, and not on a historic 2d structure listed in the National Register 3 Number of conservation easements modified, transferred, released, or terminated by the organization during the tax year 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? l:l Yes l:l No 6 Staff and volunteer hours devoted to monitoring, inspecting, handling of Violations, and enforcmg conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, handling of Violations, and enforCIng conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the reqUIrements of section and section l:l Yes l:l 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" on Form 990, Part IV, line 8. 1a If the organization elected, as permitted under SFAS 116 (ASC 958), not 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 serVIce, prOVide, in Part the text of the footnote to its finanCIal statements that describes 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 serVIce, prowde the followmg amounts relating to these items Revenue included on Form 990, Part line 1 (li)Assets included in Form 990, Part 2 If the organization received or held works of art, historical treasures, or other Similar assets for finanCIal gain, prOVide the followmg amounts reqUIred to be reported under SFAS 116 (ASC 958) relating to these items a Revenue included on Form 990, Part line 1 Assets included in Form 990, Part For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 52283D Schedule (Form 990) 2018 Schedule (Form 990) 2018 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Usmg the organIzatIon's achISItion, accessmn, and other records, check any of the followmg that are a SignIfIcant use of Its collection Items (check all that apply) a l:l Public exhibitIon l:l Loan or exchange programs l:l Scholarly research Other l:l Preservation for future generations 4 a description of the organIzatiori's collections and explain how they further the organization?s exempt purpose In Part 5 During the year, dId the organization so ICIt or receive donations of art, historical treasures or other assets to be sold to raise funds rather than to be maintaIned as part of the organization?s collection? El Yes El No Escrow and Custodial Arrangements. Complete If the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. 1a Is the organization an agent, trustee, custodian or other Intermediary for contributions or other assets riot Included on Form 990, Part El 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 18 EndIng balance 1f 2a Did the organizatIon Include an amount on Form 990, Part X, line 21, for escrow or custodIal account lIability7 . . . Yes l:l No If "Yes," explaIri the arrangement In Part Check here If the explanatIon has been prOVIded In Part . . . . l:l Endowment Funds. Complete If the organIzatIon answered "Yes" on Form 990, Part IV, Ine 10. (a)Current year (b)PrIor year (c)Two years back (d)Three years back (e)Four years back 1a BegInnIng of year balance ContrIbutIons Net Investment earnings, gains, and losses Grants or scholarships Other expendItures for faCIlitIes and programs AdmInistrative expenses 9 End of year balance 2 the estImated percentage of the current year end balance (line 1g, column held as Board deSIgnated or quaSI-endowment Permanent endowment TemporarIly restrIcted endowment The percentages on lInes 2a, 2b, and 2c should equal 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 organizations . . . . . . . . . . . . . . . . . 3a(i) (ii) related organizations . . . . . . . . . . . . . . . . . 3a(ii) If "Yes" on are the related organIzations Isted as reqUIred on Schedule Describe In Part the Intended uses of the organIzation's endowment funds Land, Buildings, and Equipment. Complete If the or anIzatIon answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10. Description of property Cost or other Cost or other (other) Accumulated depreCIatIon Book value (Investment) 1a Land . . . . . 0 0 BUIldIngs Leasehold Improvements EqUIpment . . . . 7,756 4,822 2,934 Other . . . . . 18,925 18,575 350 Total. Add lines 1a through 1e (Column must equal Form 990, Part X, column (B), line 10(c) . . 3,284 Schedule (Form 990) 2018 Schedule (Form 990) 2018 Page 3 Investments?Other Securities. Complete if the organization answered ?Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12. Description of security or category Method of valuation (Including name of security) Book Cost or end-of-year market value value (1) FinanCIal derivatives (2) Closely-held eqUIty interests (3)Other (A) (B) (C) (D) (E) (F) (G) (H) Total. (Column must equal FONT) 990, Part X, col (B) line 12 Investments?Program Related. Complete if the organization answered 'Yes' on 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) (3) (9) Total. (Column must equal Falm 990, Part X, col (B) line 13) Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d See Form 990, Part X, line 15 Description Book value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column must equal Form 990, Part X, col (B) line 15Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25. 1. Description of liability Book value (1) Federal income taxes Total. (Column must equal FONT) 990, Part X, col (B) line 25) I 2. Liability for uncertain tax p05itions In Part prowde the text of the footnote to the organization's finanCIal statements that reports the organization's liability for uncertain tax p05itions under FIN 48 (ASC 740) Check here if the text of the footnote has been prowded in Part Schedule (Form 990) 2018 Schedule (Form 990) 2018 Page 4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a. 1 Total revenue, gains, and other support per audited finanCIal statements . . . . . . . 1 2,145,505 2 Amounts Included on line 1 but not on Form 990, Part line 12 a Net unrealized gains (losses) on investments . . . . 2a -3,470 Donated serVIces and use of faCIlities . . . . . . . . . 2b Recoveries of prior year grants . . . . . . . . . . . 2c Other (Describe in Part . . . . . . . . . . . . 2d Add lines 2a through -3,470 3 Subtract line 2e from line 2,148,976 Amounts included on Form 990, Part line 12, but not on line 1 3 Investment expenses not included on Form 990, Part line 7b . 4a Other (Describe in Part . . . . . . . . . . . 4b Add lines Total revenue Add lines 3 and 4c. (This must equal Form 990, Part I line 12 . . . . 5 2,148,976 Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a. Total expensesand losses peraudited FinanCIal statements . . . . . . . . . . . 1 2,911,604 2 Amounts included on line 1 but not on Form 990, Part IX, line 25 a Donated serVIces and use of faCIlities . . . . . . . . . 2a Prior year adjustments . . . . . . . . . . . . 2b Other losses . . . . . . . . . . . . . . . . 2c Other (Describe in Part . . . . . . . . . . . . 2d Add lines 2a through Subtract line 2e from line 2,911,604 Amounts included on Form 990, Part IX, line 25, but not on line 1: 3 Investment expenses not included on Form 990, Part line 7b . . 4a Other (Describe in Part . . . . . . . . . . . . 4b Add lines Total expenses Add lines 3 and 4c. (This must equal Form 990, Part 1, line 182,911,604 Supplemental Information Prowde the descriptions reqUIred for Part II, lines 3, 5, and 9, Part lines 1a 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 prowde any additional information Return Reference Explanation See Additional Data Table Schedule (Form 990) 2018 Schedule (Form 990) 2018 Page 5 Supplemental Information (continued) Return Reference Explanation Schedule (Form 990) 2018 Additional Data Supplemental Information Software ID: 18007482 Software Version: EIN: 36-4534086 Name: Independent Women?s Vonce Return Reference Explanation Pt X, Lme 2 IWV Is exempt from Income taxes on all actIVItIes Supplemental Information Return Reference Explanation Pt X, LIne 2 directly related to Its exempt purpose under the Supplemental Information Return Reference Explanation Pt X, LIne 2 Internal Revenue SerVIce Code Section 501(c)(4) The Supplemental Information Return Reference Explanation Pt X, Line 2 Organization IS liable for income taxes on unrelated Supplemental Information Return Reference Explanation Pt X, LIne 2 busmess Income There was no taxable net unrelated Supplemental Information Return Reference Explanation Pt X, LIne 2 busmess Income for the year ended December 31, 2017 Supplemental Information Return Reference Explanation Pt X, LIne 2 Accordingly, no for Income taxes has been made Supplemental Information Return Reference Explanation Pt X, LIne 2 In these ?nanCIaI statements Supplemental Information Return Reference Explanation Pt X, Line 2 The Organization evaluated its tax p05itions and Supplemental Information Return Reference Explanation Pt X, LIne 2 determined It has no uncertain tax pOSItIons as of Supplemental Information Return Reference Explanation Pt X, LIne 2 December 31, 2017 The Organization's 2015 through 2017 Supplemental Information Return Reference Explanation Pt X, Line 2 tax years are open for examination by federal taxmg Supplemental Information Return Reference Explanation Pt X, Line 2 authorities Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493295004249 Schedule Compensation Information OMB No 1545-0047 (Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 2 0 1 8 Complete if the organization answered "Yes" on Form 990, Part IV, line 23. Attach to Form 990. Department ot?the Trensun Go to for instructions and the latest information. Open to Public Ins - ection enuc Sen ice Name of the organization Employer identification number Independent Women's V0ice 36-4534086 Questions Regarding Compensation Yes No 1a Check the approplate box(es) if the organization prowded any of the followmg to or for a person listed on Form 990, Part VII, Section A, line 1a Complete Part to prowde any relevant information regarding these items El First-class or charter travel Housmg allowance or re5idence for personal use El Travel for companions El Payments for busmess use of personal reSIdence El Tax idemnification and gross-up payments El Health or club dues or initiation fees El Discretionary spending account Personal serVIces (e maid, chauffeur, chef) If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or raimbursement or prowsmn of all of the expenses described above? If complete Part to explain 1b 2 Did the organization reqUIre substantiation prior to reimbursmg or allowmg expenses incurred by all 2 directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? 3 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 El Compensation committee El Written employment contract El Independent compensation consultant El Compensation survey or study El Form 990 of other organizations Approval by the board or compensation committee 4 During the year, did any person listed on Form 990, Part VII, Section A, line 1a, With respect to the filing organization or a related organization a Receive a severance payment or change-of-control payment? 4a No PartICIpate in, or receive payment from, a supplemental nonqualified retirement plan? 4b No PartICIpate in, or receive payment from, an eqUIty-based compensation arrangement? 4c No If "Yes" to any of lines 4a-c, list the persons and prowde the applicable amounts for each item in Part Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9. 5 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of a Theorganization? Sa Yes Any related organization? 5b No If "Yes," on line 5a or 5b, describe in Part 6 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of a The organization? 6a No Any related organization? 6b No If "Yes," on line 6a or 6b, describe in Part 7 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization prowde any nonfixed payments not described in lines 5 and 67 If "Yes," describe in Part 7 Yes 8 Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was subject to the initial contract exception described in Regulations section 53 If "Yes," describe in Part 8 No 9 If "Yes" on 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. Cat No 50053T Schedule (Form 990) 2018 ScheduleJ (Form 990) 2018 Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed. For each indiVidual whose compensation must be reported on Schedule J, report compensation from the organization on row and from related organizations, described in the instructions, on row (ii) Do not list any indiViduals that are not listed on Form 990, Part VII for each listed indIVIdual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that indIVIduaI Note. The sum of columns (B Page 2 (A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation in Base (ii) Bonus incentive Other other deferred benefits COlUan (B) reported compensation compensation reportable compensation as deferred on prior compensation Form 990 1 Somerlyn Cothran 199,000 37,000 0 0 0 236,000 0 (ii) 0 0 0 0 Schedule (Form 990) 2018 Schedule I (Form 990) 2018 Page 3 Supplemental Information Prowde the Information, explanation, or descriptions reqUIred for Part I, IIries 1aand for Part II Also complete this part for any additional information Return Reference Explanation Pt I LIne 5a lThe year-end bonus is based on overall management and Return Reference Explanation Pt I Llne 5a lperformance of IWV, as well as many other Factors A bonus IS Return Reference Explanation Pt I LIne 5a lpald only If there Is net cash available after all other Return Reference Explanation Pt I Line 5a lbonuses and obligations are satis?ed and a suFfICIent cash Return Reference Explanation Pt I Llne 5a lcushlon IS reserved Return Reference Explanation Pt I Line 7 lThere was a bonus pald In 2018 Schedule (Form 990} 2018 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493295004249 . . OMB No 1545-0047 Schedule Transactions With Interested Persons (Form 990 or Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b. Attach to Form 990 or Form 990-EZ. 2 0 1 8 to for the latest information. Department oftlie Trensun open to Public Iiilemnl Re\ enue Sen ice I ection Name of the organization Employer identification number Independent Women's V0ice 36-4534086 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 1 Name of disqualified person Relationship between disqualified person and Description of Corrected? organization transaction Yes No 2 Enter the amount of tax incurred by organization managers or disquali?ed 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 Relationship Purpose Loan to or from the (e)0rigina (f)Ba ance In (i)Written interested person With organization of loan organization? prinCIpal clue default? Approved by agreement? amount board or committee? To From Yes No Yes No Yes No Total 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 Amount of a55istance Type of aSSIstance Purpose of a55istance interested person and the organization For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Cat No 50056A Schedule (Form 990 or 990452) 2018 Schedule (Form 990 or 990-EZ) 2018 Page 2 Business Transactions Involving Interested Persons. Complete If the organlzatlon answered "Yes" on Form 990, Part IV, Ilne 28a, 28b, or 28c. Name of Interested person Amount of of transactlon Sharing between Interested transactlon of person and the organization's organization revenues? Yes No (1) Ashdown Forest Strategies LLC See Supplemental Info 181,000 Management No (2) SuaSIon LLC See Supplemental Info 130,000 Messaging consulting No Supplemental Information Prowde Information for responses to questlons on Schedule (see Instructlons) Return Reference Explanation Pt IV, Llne 1 Ashdown Forest Strategles, LLC IS wholly owned by Heather the CEO Pt IV, Llne 1 of IWV Part IV, LIne 2 SuaSIon InSIghts, LLC Is wholly owned by Heather Higgins, the CEO of IWV Schedule (Form 990 or 990-EZ) 2018 Iefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493295004249 OMB No 1545-0047 SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ (Form 990 01? 990' Complete to provide information for responses to specific questions on 2 0 1 8 El) Form 990 or 990-EZ or to provide any additional information. Attach to Form 990 or 990-EZ. Open to public Department 0mm Go to for the latest information. Inspection Mel Bithemf'gerimatlon Independent Women's Employer identification number 36-4534086 990 Schedule 0, Supplemental Information Return Reference Explanatlon 12c Pt VI, LIne Board members are glven the pollcy and are asked to 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 120 confirm there are no conflicts, or. If there are, to 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, LIne 12c address them WIth the board The reVIew Is ongomg Vla 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 120 reVIew of inv0ices/finan0ial data In addition, the CEO 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, LIne 12c regularly pomts out to board members and consultants 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 120 that compliance poIICIes are worthless Without an ethical 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, LIne 12c culture The board reqUIres assurance that there are no 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 120 conflicts In any contractual relationship, while 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, Line 12c reqUIring full disclosure and evaluation where there may 990 Schedule 0, Supplemental Information Return Explanation Reference Pt VI. Llne be a conflict 120 990 Schedule 0, Supplemental Information 11b Return Explanation Reference Pt VI, LIne The 990 IS reVIewed by the board and outSIde counsel prior to filing 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. LIne 15a top management offICIal has a consulting 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, Line 15a contract approved by the board The board has discretion 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 15a to adjust the annual compensation based on executive 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, Line 15a compensation of Similar organizations 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Line 19 The documents are available upon request 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, LIne 8b The board does not have any committees The full board 990 Schedule 0, Supplemental Information Return Explanation Reference Pt VI. Llne 8b makes all deCISIons 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, LIne 2 The Treasurer and Vice PreSIdent are father/daughter 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI. Llne 15b The board approves the compensation of key personnel 990 Schedule 0, Supplemental Information Return Reference Explanation Pt VI, Line 15b based on comparative data of Similar organizations 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part IX, LIne 24e Postage and printing 2805 665 224 1916 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part IX, LIne 24e Web deSIgn and production 59455 59455 0 0 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part IX, LIne 24e Bank charges/merchant fees 7640 0 7640 0 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part IX, Line 24e State registration fees 9029 0 0 9029 990 Schedule 0, Supplemental Information Return Explanation Reference Form 990, Communication 10297 10297 0 0 Part IX, Line 24e 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part IX, LIne 24e Cable/telephone 8618 6378 2030 210 990 Schedule 0, Supplemental Information Return Explanation Reference Form 990, Gifts 5945 186 503 5256 Part IX, LIne 24e 990 Schedule 0, Supplemental Information Return Explanation Reference Form 990, Events 13248 12948 0 300 Part IX, LIne 24e 990 Schedule 0, Supplemental Information Return Explanation Reference Form 990, Direct mall352 0 0 352 Part IX, LIne 24e 990 Schedule 0, Supplemental Information Return Explanation Reference Form 990, Legal settlement 1332 0 1332 0 Part IX, LIne 24e