“sm 990 Return of Organization Exempt from Income Tax S048 2004 Under section 501(¢), 527, oF 4947(0X1) ofthe Internal Revenue Code ‘except black lung benefit rust or private foundation) ‘Open to Public PESSTERASLRR | + The orgenzation may have to use 2 copy af this return to satisty state teparting requirements Inspection ‘A. For the 2004 calendar year o tax year boginning 2004, and ending B check sooeabie IE ane of rpanaaton 1D enployerienateaion Raber Jarome |QEGR|IsiawIC FREE MARKET iNsTrruTE FOUNDATION | _52=2105109 Came canoe rt | Number end sel (PO box maT older See! a8) Rocvssle TE Telephone narber Tinaimur | ithe [1920 1 StREET, N.t0 (202) 955-7174 froma | MSE | Chemo fae eo a [fancn ten wasusncrow pe_20036 ore cong Aopteaton senang @ Section 501(cX3) organizations and. (a1) nonexems TW erat ae not appicatie to secon 827 rganwatens: a Ghentbigwonprmaatach comes ShedaeA™” ny cnvyacruntecoacn | ve (Ew Gomvate So ED ® G Websmee aR weet 4 Organization ty 1H) seat estes neces? ve no eee enn 3+ wmtmy Caame Le |, 9 mmeenens meen KC Check here © | |ifthe organization's gross receipts are normally not more than $25,000, The organzaton need nat flea return withthe IRS: But the organrzaton H(@) sea seoaratereten ted oy an oomastanoneeaty agcupaies? [lve | ]no fecsived a Form 890 Package in the mall, 1 Should hle a relurn without fnencial Sata [Group Exemphon Number > Some states require a complete return. 1 Gros IM Check» Ji te aganzaton nat egured ecepis: Add ines 6, 8b, 96, and 10b tone 12 » 387, 678. to atc Sade 8 (Frm 90 $9047, 0-8), Revenue, Expenses, and Changes in Net Assets or Fund Balances (See instructors) TContnbubors. as, gf, and sitar amounts reseed a Dec pubtesippot 1 387,569. b Indect pubic support rT € Goverment conten (rans) fd SIPEG Si cenn § nomen § _ > 14 387,569. 2 Progam serve revaon WobGIng GoverTTent tes aed coir (om Pan Vi ine 83) 2 4 Membership es and assessments 3 4 Interest onsovngs and temporary cosh wvestments a 5. Dmndencs and mires! rom secrtes 5 a Gross rents oa D Less cetel emperses a € Natrontal income o (ss) (surat ine 6b om ne 63) | 7 Ober mvestment nome (eserbe BY] 82 cross amount rom sales of assets otter WSeawrbes Wore SE oo Raion, a SSE Les: cos or ther bass ad als expenses #1 | conor ces atch stm) te = | 4 Net gan or dose) Combe tne e, columns (A ane By ad | © special events and actwtes attach schedule) if ary amount i from gaming, check here >] a Gross revenue (not including $ of contributions, © | reparted on ne 12) oa b Lest dre erpenss ober than fnasing expenses 34 2 ¢ hetero co to pce! vrs tet in hom ne ae 1a Gross sales of ventory, les retensand allowances 10a] |b tess cost poe sos 108] Gs pr om as ery (tach tcl (ta ine 0 fo i 1) ie 11 Ober revenue (rom Pat Vi ine 103) 1 12 Tota revenue (a ines 16, 2,3, 4,5, 6,7, 8,9, 1s, and 11 : 2 Sees. {18 Frogrem semces rom ine 4, conn) 8 320,665. §] 14 Management and general (rm ine 44, column (C) RECEIVED. 1 104119. E|15. Funcrassng (rom in 4, clunn ©) 15 8.400. 3] 16. Poymonts to attates (attach schedule) 8] MAY 1 6 2008 16 5]17_totalexpenses (add ines 16 and 24, column (4) 7 as 1) 1B Excess or (etc) for the year (subtract ine 17 frm ine 12) L 18 85, 51 wile Noteset ort blanca t bearing of yee (rom ne, se AON UT 2 =8L FF 20 ter changes mre assets or und balances (tach explanation) 20 $1 21 net assos e ind balances at end of yar (conbine ines 18, 18, and 2) FA aie AA For Privacy Act and Paperwork Reduction Act Note, seth separate instructions ens reoform 390 ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105109 Page? Statement of Functional Expenses (ey aus Ma eyianceart rae Wine ad past Shere Oe Te Ba or Cees” | Ciniaetect | eyFunosng a ons non-cash $ ) 2 _— FF Bo comamoston ics | [ 1,00: z : B Ghee stones ood woo ra Too eRTER ster: oS 2 Over onplve bores ‘saa Set, TaD, Tc $2. Proteenal nang fot 3 Bt ements i zi a PRIOR T _ = 3 Sues sr TI, Tae, u 3 ost on shoo = a9. Sis: Sta 3 caopmert otal andimemterance [37 7a Tet: 363 o rng and poten = 240 3a SO 4 cnr cero a mts [ab | 2007. [ 20087 - _~—rtéi“‘—~—sCrO BIS. aaa 1oge . ‘© ons omen ntonen ow conan 77277 [abl 793. 396. 397. 0. ease ae W838. Teo: Teter oS a fae Sere St Searereerem |u| ass,s94.) —sz0,605.[ _s04,29. 4,400. Joint Costs. Check >[_] if you are folowing SOP 98:2. ‘re any yoint costs from a combined educational campeign end fundraising solictation reported i (B) Pag serves? >O] ves [i no 1 Yoder (he pepsin runt of sean eons 8 Goin onoet wate to Praracnee ¢ hoe anar acas we Nenagent oo asi acu ses to Fundraising 5 ‘Statement of Program Service Accomplishments. Marwonre nen sete eran hope ante oa oe Saracens” |'ereemeer SSS SENT HARING Serer Shanhabla tute sos aes Cotes he Srneant a wsAek locstoe we cares ms ‘a7 EDUCATE MUSLIM AMERICANS ABOU’ POLITICAL 6 CONSTITU’ 38,480. ___ (Grants and allocations $ Z 173,159. TSUAM @ MUSLIM ISSUES _ ~ ~~" Gravis and aliocaiions § = 35,273. © Oiher progrem senaces (Grants and allocations ) { Total of Program Service Expenses (Should equal ine 44, column (B) Progeam services) > 320, 665. BAA TEEADIE. Ov Form 990 2008)Form 990 (2004) ISLAMIC FREE MARKET ERRIBE eatance Sheets (se instuctos) INSTITUTE FOUNDATION 52-2105109 Page 3 Note: Where required, atfsched schedules and amounts within the descnption| Column should be for end-of-year amounts only ® Beg of year, Ende yar “5 Cash — nonsnterest bearing 46 Savings and temporary cash investments 47a Accounts recewable bbLess" allowance for doubttul accounts ‘4B Pledges receivable 48a| anal 74] 6, 784.) 13,773 ee Less" allowance for doubtul accounts 43] 49. Grants recevable 50, Receivables from officers, tractors, tustees, and key employees (attach schedule) St. heroes & lan ecauabl tach st) | sta] bess: allowance for doubtul accounts 1) 52. Inventones for sale or use 53, Prepaid expenses and deferred charges 54. Investments ~ secunties (attach schedule) 58a Investments — land, bultings, & equipment: basis | SSal > cost [Faw 3,286. bless accumulated deprectation (Gttach schedule) 556] 56 Investments — other (atech schedule) 57a Land, buildings, and equipment: bests 574 35,784. bless: accumulated depreciation (Gttach schedule) [+57 stmt, 57] 26, 172. 12,658, Other assets (describe * “otal assets (add lines 45 trough 58) (rusl equal ine 74) 22,128, ‘Accounis payable and accrued expenses. Grants payable Deferred revenue 63. Loans rom ofc, directs, utes, and ay employes (tc schedule) 6a Tax-exempt bond labltes (atlach sehecule) ‘orgs at other tes payable (atin scale) 65. Other labiibes (descnbe * See Line 65 Stmt 65 Total liabilities (sda lines 60 through 65) 58 59 60 6 6 702,432. 1382. o 104, 384. [66 149,946 [Organizations that follow SFAS 117, check here > ‘through 69 and lines 73 and 74 67 Unrestricted 68 Temporanly restncted 69. Pecmanenty restricted (Organizations that do not follow SFAS 117, check here» 70 through 74 Capital stock, trust principal, or current funds Paidsin or captal surplus, of land, bung, and equipment fund Retained earnings, endowment, accumulated income, or other funds nd complete nes 67 nm n n a ‘72 column (A) mst equal line 19; column (@) must equal he 21) 7A_Totalibilties and net assets/tund balances (ad lines 66 and 73) ane complete ines Total net assets or fund balances (add lines 67 through 69 oF ines 70 through 31, 656.| 67 a 69 7 7 f 72 127,161. ~81, 656.173 22,728,174 127,161. 22,785. Form 990 i available for pubic mspection and, for some peopl, serves as the primary of sole source of formation about a particular ofganzaton ‘How the public perceives an organzation in such cases may be determined by the iformabon presented on its return Therefore, lease make sure the felurn is complete and accurate and fully descrbes, m Part Il, the organization's programs and accomplishments BAAForm 990 2004) ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105109 Boge Reconciliation of Revenue per Audited [Reconciliation of Expenses per Audited Financial Statements with Revenue Financial Statements with Expenses per Return (See instructions.) per Return 2 Toa revenue, guns, dots support per 2usted fara Steers b Amounts included on tine a but not on line 12, Form 990° (1) Net unrealized Total expenses and losses per aucited, financial statements >| [Amounts included on line a but not online 17, Form 990) Donated serv ns on ‘een ang use Frestments 3. offesiites” Ss {@ Donated serv 2) Poy ates. fees and use fer apart an Shechbes er feowenes of peor yea ns @ Other (speci © Loses repaid on Ine20,Fomg @ Other (peciy) “24 amounts on ines (1) rough (8) “Rd amour on ies (1) through © Linea minus ine b © Line a minus line b 4 Amounts included on ine 12, Form 990 but nat on ine ‘Amounts included on tine 17, Frm 990 but not om line a: (1) loestent expenses ale on ie Form 30, @) Other (specify 1 insinent expenses rat ned ore €, For 20, 8 @ Otter (specify “Add amounts on lines () and @ ‘Add amounts on lines (1) and @) Total reverue per tine 12, Form Total expenses per ne 17, Form 280 (ine e pus ine 280 (ine e pus fine Ee of Officers, Directors, Trustees, and Key Employees (List each one even if not compensated; see nstructons. CB) Tie a erage fours] CE\crmpersson | Cees | CE speve 9 Name and adress Pe postion fenter'6)' | plarsandcetered | “"slowances ‘compensation “"TeresrpeNnr on 12,000. 1,095. ~"[prrecror 20n] 9. O. oO. “"|prrecror 20 9. oO. oO. 410d stReit, so 7 | wasiiiNeron, pe 2 DIRECTOR al 0. 0. 2. BR ADI . 3406 SEAMANS CTR. = Towa, IA $2242 DIRECTOR 0. o 75 Did apy otter. cectr, uso, oF key emplojesreceve agpregate compensation of more {han $160,000 ftom yaueergenizaten and ah feated organsehons, of which more than $310,000 was provided by the relatee organizations? > Lves Fino les, tach schedule ~ see structions. Ban Form 990 2000)Form 990 2004) ISLAMIC FREE MARKET INSTITUTE FOUNDA’ 2105109 Pages [Other Information (See instructors.) Yes | No, 76. Did the organization engage m ary actvty not previously reported tothe IRS? If "Yes, altach a detalied description of each activity x 77 Were any changes made inthe organizing or governing documents but not reported to the IRS? x If*¥es,’ attach a conformed copy of the changes ‘Ba Did the organizaton have unrelated business grass income of $1,000 or more curing the year covered by this return? | 78a) x. Dif Yes,’ has i led a tax return on Form 990-7 for ths year? 7b) 79 Was there 2 iquidaton, dissolution, termination, or substentisl contraction dunng the year? "Yes, attach a statement a x ‘802 Is the organization related (ther than by association witha statewide or natonmide orgaruzation) through common ‘membership, governing bostes, trustees, officers, etc, fo any ctor exempt of honexempt organization? goal [x bit Yes enter the name ofthe ogancaton = - Clrorosenat Q aed dick wher as Logon (81 bid the oxganzation file Form 1120-POL for ths year? sib) '82aid the organization receive donated services or the use of materials, equipment, oF facies al no charge or at e ‘substantial ss than fir Feral value? sal Tx bit"Yes, you may indicate the value ofthese items here Do not include this amount as evento n Part | or as an expense in Part li (See instructions in Patil). | sal 88a Did the organization comoly wth the public inspection requirements for returns and exemption applications? 3a x ‘bid the organization comply withthe disclosure requirements relating to quis pro quo contnbutions? 33b|_x ‘84a Did the organization solicit ary contributions or ffs that were not tax deductible? cH bi Yes dit xgocaton nce th vey sotain annette hatch cottons ora ee | EE Nol tax deductible ea 85 501(cV), ), or (6) organizations. a Were substantally all ues nandeductible by members? 85al ‘Did the organization make only in-house lobbying exxenditures of $2,000 or less? 85b) if Yes! was answered to ether 85a of 855, do not complete BSc through 85h below unless the organization received @ waiver for proxy tax owed for the prior year eta sss, sia anes ton embers Seton 20 eye oe ae exerts ; « Aeotrerdnvie neat ace GTX bs otess 1 Toons! boy oe sot! epee re Sn 5) Dente ronson ee! yt ec SE0 on ae on ne EP Ps arn ne) ug not mpc at erie Beate | [or eStart |x ts sateen Ena» ten ran cpt combs we en wed se b Ges ect nd on nef pb uf cb aes tes a7 s016110 ononcres tr a Ges mcare on amis sree es oe fom sts, pl nae or Fo or soc See enact cee ee wn 42 stone arnt ye elt canst 9 0% fate etn ale cara gan Seen aie eee pgeto wl fk £94201) ooancaters Er a oft posed on xz ig heya er some on en aptee ost 5 : 21019 ond) pamatons 9 oaogatn ane my sce Oe eee her en SO Te ee | | | {© Enter Amount of tax imposed onthe orgencetion managers or isquaified persons ducing the Soar under soctons #912, 4805, and 49 ers or esaetnes Pe ° ‘Enter: Amount of tax online 89c, above, remmbursed by the ocganization 90a List the states with which a copy of ths returns fled * WASHINGTON DC bb Number of employees employed n the pay period that mcludes March 12, 2004 (See instructions ) 91 The books are in care of © THE ORGANIZATION Telephone number * cated at © 1920 L a ot ws 92 Secton 4947(a)(1) nonexempt chantable busts hing Form 990 in hou of Form 1047 ~ Check here ‘and enter the amaunt of tax-exempt interest recened or accrued during the tax year Form 880 2008)Form 990 (2004) ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105109 Pages [Analysis of Income Producing Activities (ee nstwuctons — ; Unrelated business income [Excluded by secton 512, 513, or 514 © lot: Enter gross amounts unless a ee atherwise mdcated pus cote | Aout sxe ae aout incon ome | 93 Program sernce revenue: { MedcarelMedicald payments Fees & canta am goverment agencies ‘94 Membership dues and assessments 95 otras on sags &tenpray ash rvmnts | 522700] 96 Dwidends & interest from securities 97 Net eta eae cr (oss) om rel estate a debt-fnanced property bot deb-fnanced property (98 Net etal mano: (ass) rom prs pop 99. Other investment come 100 Gain or (loss) trom sales of assets ‘ther than inventory OT Netiname oc (es) rom spel events sf eveny OZ cree ot rest) for 103 Other revenue a 104 Sia ad cures ©) Oy md 103, 105. Total (add tne 104, columns @), (0), nd (€) = ws ote: Line 105 plus line 1d, Part, should equal the amount online 12, Prt | Relationship of Activities to the Accomplishment of Exempt Purposes (See nsiuchons) Line No. [Explain how each actvty for which income 1s reported in column (E) of Part Vl coninbuted importantly to the ascomplshrment ofthe organization's exeriak purposes (one than By provicing funds for such purposes) E Information Regarding Taxable Subsidiaries and Disregarded Entities (See nstuctons) WR ry ® © Cy © Name, address, and EIN of corporation, | Parnas ot Nature of actuties Total Endo year atthership, or sisregarcee ety cunarship rest sneome assets ‘SEREEES| Information Regarding Transfers Associated with Personal Benefit Contracts (See instructions, 2 Dh oganzaon cig he yer, rece any ud, rector niet, ty reruns ona persia bent crac? Yes b Did the organization, during the year pay premiums, directly or ncrecty, on a personal bereft contract? Yes Note: if "es" to (fe Frm 8570 and Form 4720 (see instructions) [aera ca 5/16/05,oe Organization Exempt Under jie SCHEDULE A Section B01(eK3) cop Private Foundation) and Scton 801), 5010, 5010, —SRlah ox Section seaXt) Nonexempt Cota rant 2004 Supplementary Infomation — (See separate Instructions.) heraracetarciazs” | + must be completed by the above organizations and attached to thei Form $90 or 90-€2. Tare of wosnastor Eloy detention nao EE MARKET INSTITUTE FOUNDATION 52-2105109 ‘Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (Gee instructions, teach one. if there are none, enter None) @ Name and aderess of each (Title and averace | (@) Compensation] (@Gminbitog | (@) Expense OO Neinsajes ord ore Orputsperweces | OomPM EGorgpetetet | acdSlnt ana other ‘han $50,000 cdvoted ts positon via deere? | Siowances “otal umber of other employees pard ser $20,000 ES Compensation of the Five Highest Paid Independent Contractors for Professional Services (Gee instructions List each one (whether inivicuals or fms) If there ore none, enter None (@Name and actress of each independent contractor paid more than $50,000 (©) Type of service (© Compensation Total numberof others recenng over {$80,000 for professional services 'BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-£2. ‘Schedule A (Form 990 or 990-EZ) 2004 TeEs001 e204Schedule A Gorm 990 or 990:E2) 2006 ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105109 Page 2 (EERE, Statements About Activities (See instructions ) 1) Danng the year, has the organization attempted to inlonce national, stato, or lecal egisaton, cluding ary attempt {Binfened pubic opmon Bn legelatve matter or roferencum? "Yes, enr the total expenses bald ‘or meuted in connection withthe lebbying actives S (Must equal amounts on ine 38, Part VLA, or ine Hof Part Vi-B) ‘Organzations that made an slecton under sacton 501() by fling Frm 5768 must complete Part VIA Other prsslons Recreate Bars AND daca tatement ging @detales desenpiton of the foying aces. 2 Dunng the year, has the organzaton, ether directly or ndrcty, engaged n any ofthe following acts with a Substantel Conlabutor:ustees, créciors, offcer,creslors, key employees, of members of te famies, of with ary iSvable organzaton wan wnch any such person ts afthatos as on ofeet rector ustee, majority owner” or rnc! tenettary? (fe answer to any question is ves, attach 9 detaned statement explarang the Fansactons,) 2 Sale, exchange, or leasing of property? bending of money or other extension of credit? zo | x «Furnishing of goods, services, or facilites? zel i x ‘d Payment of compensation (er payment or rembursement of expenses rf more than $1,000)? za | x € Transfer of any part of ts ncome or assets? zel__| x 3a Do you make grants for scholarships fellowships, student cans, es? ("Yes attach an texplenation ofhow you determine tt recente ually to recewe payments) 3a\__| x Do you have a section 403(8) annuty plan for your employees? 3b] | x. ‘4a Did you maintain any separate account for prterpating donors where donors have the ght to promde advice fone use or distribution of funds? : aal_| x. Do you prowde creit counseling, debt menagement, credit repair, of debt negotiation services? ap) | x [ERRERESS Reason for Non-Private Foundation Status (See instructions.) ‘The organization w note private foundabon because it: (Please check only ONE applicable box ) 5 [_]Achurch, convention of churches, ar association of churches. Section I7OCD)CINAN) [A school. Section 170(6)(1)(A)(). (Also complete Part V.) A hospital or a cooperative hospital service organization. Section 1708) 1A) ‘A ederal, stale, or local government or governmental unt. Sacton 170(0)(1)AN) 'A medical research orgarizabon operated in conjunction with @ hasptal Section 170(b)(1)(A)(u) Enter the hospital's name, city, and state * 1 Clouser oid fe baat oa a iso somplete ‘the Support Schedule in Part IV- lege ‘unwersity owned or operated by a governmental unit Section 170(6)(1)(ANW) ‘11a [i] An organization that normally receives 2 substantial part of is support trom a governmental unt or from the general public. Section 170(0)1 XA)(w). (Also complete the Support Schedule in Part IV-A ) 11 [1] Acommuniy trust Section 170(8)C1(A)(w). (Also complete the Support Schedule n Part IV-A ) 12. LlAnorgenaton ta realy rece) more han 3.13% of sop rom conus, meres es and os a Oo oe Sra ets ne mre hana 8 ean Fee eee at ca ec as fo eae onticd OS Seater STS ae enn SUNOS aes coms be Support Schedule Pat WA) 13, Llavorganaaton ats ot contoted by ory daquited paren ber un tndaton manner) and supa rganastons Oteeeeres Pee eee eo tie Btw ot hey ek eos of acteh SEBO) ae Prowde the folowing informalion about the supparied organizations. (See instructions ) (2) Name(s) of supported organizations) Lune pumber 14 [An organization organized and operated to test for pubic safety Section 509(a)(4). (See instructions Ban Sa ule A Fors S80 ox Form SS0ED) 2008Schedule A (Form 990 or 990.E7) 2004 _ISLAMIC FREE MARKET INSTITUTE FOUNDATION _52-2105109 Page 3 [Support Schedule (Complete only ryou checked a box online 10, 11, or 12) Use cash method of accounting, Note: You may use the worksheet in the instructions for converting from the accrual to the cash method of account Calendar year (or fiscal year Seaimning(ey >| Be & So 8 15 Gils, ogni, ang coqrputons Unusust grams Sees 28) | 514,249. 638,720. 1g6,490.| 1,341,459. 16 Membership fess recerved i 17 oes eats am adress, iene Ss ha (furs Feces ay act {fats te oe organatons hentai ee, puose “TE Gress ctr rom tera Gos, ‘zou rece rom pers en ‘Seatbes ass (ern SI20K9), | fens, yale, sd unrelated buses {atte ncone (es secbon I tes) {fom banesses segue by Be or . ‘aan te Jur 3157. 191. 3,217, 1,066. 4,474 19 Net nce fom nats bosness ‘Suber neds ie 20 Tax revenues levies fr the crgonation’s benef and pao tor expended nits beta The value of seces oF cies ‘roanaton by 9 governmental St vot cherge, Da no ele the value af Series or {eetibes generally furahes to the puoi wihou charge 2 Other income. Atach a Schedule, Oo not neice om or (os) trom sale of Capital assets 23 Total of tines 15 trough 22 S14, 440. 641, 937. 133,55 1,545,933, 24 Line 23 minus ine 17 [7 514,440. 641,937. 189,556. 25. Ener 1% of line 23 5, 1dd. 6,419. 1,896. 25 Organizations described on lines 10 or 11; Enter 2% of amount in column (@), line 24 b rr store he rae of nat conte ye pen er ton 2 etme unt tl parted rattan ese el gf or 200 trough 208 exceeded th amount snow ee 2, Dono le it with Your Tetum: Enh a tase exes snouts ‘Total suppor for secton 509(a)1) test Enter line 24, column (e) | 26d) 258, 373. ‘e Public support (line 26¢ minus line 264 total) »[26e] 1,087, 560. {Public support percentage (line 26e (numerator) divided by line 26c (denominator)) last 80.80 & ‘27 Organizations described on tine 12: 1 For amounts included in lines 15, 16, and 17 that were recewed from 2 elsqualified oerson,* prepare a ist for your records to show the name of, and total amounts received in each year Wm, each disqualified person Do not file this list with your return. Enter the sum of ‘Such amounts for each year! 2003) a ene 2001) _ (2000 _ bbFor any amount included in ine 17 that was recerved from each person (other than ‘disqualified persons), prepare a lst fr your records to ‘show the name of, ané amount received for each Year that wats more than the larger of (1) the amount af ine 25 forthe year oF '$81000 ‘(helude ih the ist organzations deserbed in ines 5 trough 11, a5 well a5 individuals) Do not file this ist with your return, Aer Computing the differance between the amount recewed andthe larger amaunt described in (1) or @) enter the sum Of these afferences {the excess amounts) for each year (2003) er) (2001) ‘© Add Ariounts from éolurin (8) for lines: ” ee (2000) _ 16 a {214 ht; ne 270 ta aad ine 276 wal [ard ¢ Pale support (ne 27 al a ino 27 Wiad Lara {ott suport te secton SOG} test Enter amcunt rom ine 23, comma e) L274 ae le support percentage (ine 276 (ureter vided by Ine 27 (denominator) 274 investment income percentage ine 1, column ) (numeratoy) ved by ine 27 nominator) olzrn 728 Unusual Grants: For an organzation described inline 10,11, of 12 that received any unusual grants dunng 2000 though 2003, prepare @ lator your rovords fo Showy, for each year to name ofthe concoutr, the date and amount of he gran, anda bet deserptiot of te nature the grant Do not file this ist with your return Do nat include these grants mine 1S BAA TERROR 72306 ‘Schedule A (Form 990 or 930.62) 2004 a: %eae 990-E7) 2004_ISTAMIC FREE MARKET INSTITUTE FOUNDATION, 52-2105109 Page a Private School Questionnaire (See instructons ) (To be completed ONLY by schools that chocked the box onlin 6 In Part V) Ah Yes] No 29 Does the organzation have a racially nondiscriminatory policy toward students by statement nits charter, bylaws, ther governing Insvumert, or n'a Fesoluion of is governing body? 30 Does the organization include a statement of ts racially nondiscnimnatory policy loward students in all ts brochures, callogs, ard ger writen commneatons wih te pub ding wit Student aamasios, programs, ‘nd scholarships? 21 tse cnt hes oa stacey sly tea ema Donn nt Fae ee ee eee By SEETES iii S dsetshegete strony as It*¥es.’ please describe; ‘No, please exolain. (f you need more space, attach a separate statement) 32 Does the organizabon maintain the following: ' Records indicating the racial composition of the student body, faculty, and admnstratwe stat?” bb Records documenting that scholarships and other fnancial assistance are awarded on a racially ensiscriminatory basis? «© Copies ofall catalogues, brochures, announcements, and cther wnten communications to the publi dealing ‘with student admissions, programs, ana schotarshias” {Copies of all matenal used by the organization or on is behalf to solicit contributions? Ifyou answered 'No'to ary ofthe above, please explain. (f you need more space, attach a separate statement ) 138. Does the organization discrete by race in ary way with respect to: a Students’ ights or praleges? b Admissions policies? 33b) Employment of faculty or administrative staff? 33¢| 4 Scholarships of other financial assistonc 334] 1 Edvcabonal pobetes? 336] £ Use of focites? 331 ‘9 Athlete programs? 33. other extrscurecular ates? 33h] It you anewered "Yes! to any of the above, plete explain (Ifyou need mere space, attach a separate statement) $i4a Does the organzation recawve any financial aid or assistance from a governmental agency? tal bbHes the orsenzaton's ight o such aid ever been revoked or suspended? 240) Ifyou answered "Yes to either 342 or b, please explain using an attached statement 135. Does the orgonzation certy thet ithas complied withthe epplicable requirements of Seclons 4.61 through 4 08 of Rev Proc 75:50, 1975:2 CB S87, covering racial fondiserrmnaton® If -No, attach an explanation 3% BAA Test Oe Fade R Form SH oF SS0EZ) BOEsma A Fa 60. 990ED 204 _TSTANIC FREE MARKET TNSTYTUTE FOUNDATE RAMEE Lobbying Expenditures by Electing Public Charis erences Pabbying Expenaiues by pecting pubis Ghats Sas on. 52-2105109 Pages N/A Ghede a | [ie erganzabon belongs loan afoted group, Chex rb | [siyou checked and imed canl prowsions Sp Limits on Lobbying Expenditures (The term ‘expenditures’ means amounts paid or incured ) @ stile ou ‘ora? O To be comploted for ALL electing ‘rganizations ‘36. Total lobbying expenditures to influence public opinion (grassroots lobbying) [37 Total lobbying expenditures to influence a legislative body (direct lobbying) ‘38. Total lobbying expenditures (add lines 36 and 37) 39. Other exempt purpose expenditures 40, Total exempt purpose expenditures (add lines 38 and 39) 441-Lobbying nontaxable amount, Enter the amount from the followang table — {1 the amount on ine 40 is — The lobbying nontaxable amount is — "Not over $500,000 20% ofthe amount on line 40 (ve $8000 but ot ve $1,00000 $1000 pls 15% of he cess ver $1000 (ve $1,000 but ot vr $1500 175000 plus 10% of the excess ove $100 000 (ve $1500 but et ve 17000000 $225 00 plus 5% oft ences oer $1 500000 ‘Over $17,000,000 $31,000,000 42. Grassroots nontaxable amaunt (enter 25% of line 41) 43. Subtract ine 42 from line 36. Enter -0- ine 42 1s more than line 36 Bla) 44 Subtract Ine 41 from line 38 Enter -0- fine 411s more than line 38 (Caution: if there isan amount on ether line 43 or ine 44, you must fle Form 4720. 4-Year Avera (Some organizations that made a section 501 (1 election do not have to complete ‘See the metructions for lines 45 through 80.) 19 Period Under Section 501(h) all ofthe five columns below Lobbying Expencitures During 4--Year Averaging Period Calendar year @ , © @ © (or fiscal year, 2004 2008 2002 2001 Total jnmng in) 45 Lobbying nontorble 46 Laboyngceling aunt eat re te) 47 Total lobbying expendiures 8 Grassroots non- taxable amount 50 Grassroots lobbying expences REE Lobbying Activity by Nonelecting Public Charities (or rerting only by organizations that ds not compete Part VA) (See structions ) N/a. ‘During the year, dc the organization attempt to intuence national, state o: local legislation, including Battompt fo influence public opinion on a legislative mater of referendum, through the ise OF 2 Volunteers: baud statf or management (Include compensation in expenses reported on lines € through h.) Media advertisements <¢Malings to members, legislators, oF the public ‘¢Pubicabons, or published or broadcast statements {Grants to other argantzatons for lobbying purooses ‘@Drect contact with legslators, ther staffs, government officals, ora legisative body h Rallies, demanstratons, seminars, conventions, speeches, lectures, or ary other means | Total lobbying expenditures (add lines € through h.) wary | yes | No Amount [T It-Yes! to any of the above, also attach a statement giving a detailed descnpion ofthe lobbying actuites, ‘Schedule A (Form 990 oF 930-EZ) 2004 Ban enous 072308 =Schedule A (Form 990 or 990-EZ) 2006 _ISLAMTC FREE MARKET INSTITUTE FOUNDATION Information Regarding Transfers To and Transactions and Relationships Exempt Organizations (See instructons) 51. Did the reporting organization directly o¢ ndectly engage n ary ofthe following with any other organzation descnbed in section 501(6 (tthe Code (einer han section 801(@)@) organizations) orn asetion 527, relabng to pales ergenizatons? © ‘Transfers from the reporing organization to a nonchantable exemot organization of Yes | No. (Cash sta@ x Other assets ETO) x b Other transactions (Sales or exchanges of assets with a nonchantable exempt organization bo. x (pPurchases of assets from 2 roncharttable exempt organization bay x GipRental of facies, equipment, or ther assets ban] & | (W)Rembursement arrangements bowl 1x (W)Loans oF loan guarantees bw) x (w)Performance of services or membership or fundraising solstations bool Tx ‘¢ Sharng of facies, equipment, mailing ists, other assets, or paid employees x fe ances any of he ove s Yes, complete te folowing schedule Column (should alwaye sh he fa malt wag of any ransacion or sharing arrangement, showin COUN td) fhe vals ofthe goots, ther assets, or services raceved @ © © @, Line ho | Amount involved | Name of nonchantable exempt organization | _Deseipho of transfers, wensatons and shang arengemets pila) 42,757, |Anericans for Tax Refor [Renting Facilities S528 eth oganaton cect on ndrectyafiated wih, oclaed fone or more taxcexamot organizations esenied im sector 501(0) of he Gade (ther than section S01(@)G) orn sexton 527? > (1 ves fi] No bites, compet he fllowng schacule © ©, ©. Name of rganzation ‘Type of eegantzabon Description 6 relatonship BAR ‘Schedule A (Form 980 oF S90 ED 2008From 4562 Depreciation and Amortization (including Information on Listed Property) 2004 tm Tey ‘See separate inatructons. ante Attach to your tax return, ome or aaa nae ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105209 Tes or cay whch har orm 990_/ Form 9908Z EZ] Election To Expense Certain Property Under Section 179 Note: Ifyou have any isted property. complete Part V before you complete Part | Maximum amount See instructions for a higher lit for certain businesses i ‘$102, 000, Total cost of section 179 property placed in service (see instructons) 2 Threshold cost of secton 179 property before reducton im Imitation 3 $410, 000 Reduction n intaton, Subtract ine 3 ftom line 2. if ero or les, enter 0 4 Dollar lation for tax year Subtract line 4 from line 1 If zero oF less, enter .0- If marne fing Separately. see mnstuctions (@)owmaten lacey (jemi caren wean | (ead at 7” Usted propery Enter the amin fom ine 29 8 Total elected cost of section 179 propery, Add amounts in column (nes 6 and 7 9 Tentative deduction Enter the smaller of line 5 or ine & 2 10 Carryover ofeisalowed dedcton from ine 13 of your 2003 Form 4562 70 11. Business income tiation Enter the smaller of business income (nat ess than zea) or line S (see ists) [11 12 Secton 179 expense deduction. Add ines 9 ard 10, but do nat enter more than ine 11 12 13_Cartyver of czallowed deducton 2005 Ads ines 9 ond 10, less tne 12 ofa ~ EE, Hote: Do hot use Part or Part Il below for ited propery Instead use Pat V. [EERE Special Depreciation Allowance and Other Depreciation (Oo not include Isted property) "4 Special depreciation allowance for qualified property (ther than listed property placed inservice curing the faxcyear (ee mstructons) 4 2,19. 15 Property subject to section 168(9(1) election (see instructions) 15 z 16_Other depreciation (neuding ACRS) (see mstructons) 16 (ERREIEEMACRS Depreciation (Do not incluce listed property) (See mstructions) Section A “17” MACRS deductions for assets placed in service in tax years beginning betore 2004 18 if you ar olecng under secton 168()() lo group any asses placed inservice dunng the tax year into, Sd store gant steel tours chece hare” 2 “=P “ene ‘Section B — Assets Placed in Service During 2004 Tax Year Using the General Depreciation System conte peony Oren | Qoeaimteras | men res | onthen | whe Om 18a Sen rope : Beye ores 1,645, 5.0 yrs | ay | 20008 370, 7 year property 350,[ 7.0 yes | uy | 20008 50. 10a property 1Syeat property 1 aye a5.yen property ra iL Westen etal 27.5 i S/L reper 27.5 ua s/t T Norrsidobal real 3 a SA property wt Si. Sealion © = Aces Placed in Sonica During 200 Tx Year Using the Alternative Depreciation System Bia Gis ie bizyeer TZ ves 20 ear ao-yes | ae] (EIS Summary Goo aston 21--sted property Enter amount rom ine 2B a 22 Tal Adc arts mn hes Wh 7 es Yad Dla hand ne 2 Ete dn Pear periaka ad g aa a ae 2 8,013 23 For erats shown above at ace merce cin he crrent yor, erkr BS Sata Ste aa Ra hn Aa las {BAA For Paperwork Reduction Act Notice, see separate instructions, rouisie wasoos Form 4562 (2008)58 Form 4562 (2004) ISLAMIC FREE MARKET INSTITUTE FOUNDATION 52-2105109 Page? Listed Property incite autombies. certam olfer vehicles, colar telephones, cera Compu, and propery used fr trastanienl secesoon or sousonet) ° mater ane coer Note: For any vehicle fer wluch you are using the standard moleage rate or deducting lease expense, completo only 24a, 24, ‘olumns (a) tough (6) of Section A a of Sechon Band Section Cl apolcable ite only ‘Section A — Depreciation and Other Information (Caution: See mstruchons for iuls for passenger aulomebies ‘24.a Do you Fave edence to supper the busiess/muestment use clamed? TLves [No [24 if Ves, s the endence wnitten? fyes | [No o ne Rose © agen pza o i a a ee ST 2 ‘used 80% oF loss 1h & qualified business use (G00 instructions) ‘2B Add amounts i column (t, lines 25 through 27, Enter here and on line 27, page 1 28 29 Adi! amounts m column (), line 26 Enter here and on line 7, page 1 2 ‘Section B — Information on Use of Vehicles Complete tis section for vehicles used by a sole proprietor, partner, of other more than 5% owner,’ or related person Hf you provided vehicles to your employees, fst answer the questions in Section C to see if you mest an exception to competing this section for those vehicles @ o © @ © © Vetwle1_| vencle2 | Vehicles | Veiled | venicles | Vehicle 6 30. Total business/investment mies drven during the year (do not mclude commuting fniles ~ see instuetons) $31 Total coumutng mies dren Cuneta 32. Total other personal (noncommuting) miles cnven 38 Total miles drvon dunng the year Add lipes 30 through 32 Yes | No | Yes] No | Yes | No | Yes | No | Yes | No | Yes | No 34 Was the vehicle available for personal use turn off ty hours? ‘Was the vehicle used pumeniy by 2 more ] than 58 Gomes ot related rsont 236 is another vehicle avaiable for potsonal use? i “Section G ~ Questions for Employers Who Provide Vehicles for Use by Their Employees Answer these questons to determine you meet an exception to completing Secon B for vehicles used by employees who are not more than See cnet elated petone Gee ierachons) ° veneer 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, Yes | Wo by your employaes? 38 Do you maintain a waten policy statement that prohibts personal use of vehicles, except commuting, by your eeleyaee® Seo nsvuctons fr vere: used by corporate chicas, deters: or 18 or nore omnes 39 Do you teat all use of vehicles by employees as personel use? 40 Do you provide more than fve vehicles to your employees, obtain information from your employees about the use of the Wehiles, ad felam the mormation ecewed? abies 441. Do you meet the raquremants concerning quaited automobile demonstration use? (See instructions) Note: If your answer to 37, 38, 39, 40, or 411s "Yes," do not complete Section & for the covered vehicles FRRERET Amortization @) ©) | © @ © o | l ease 12 frvaraton of coals Hat bogins during your 2008 tax year (Se srucbons) : : i “3_Arvorizaton of costs at began before your 2008 Tax year a 44 Total. Ade amounts in column (D, See instuchons for where to report a Foun aa Form ABZ 2005)ISLAMIC FREE MARKET INSTITUTE FOUNDATION 522105109 Form 990, Page 2, Part Il, Line 43 Other Expenses Stmt “a ® © @ Other expenses not Total Program Management | Fundraising covered above (itemize): services ‘and general MISCELLANEOUS 3,158. 1,579. 579. o. DUES & SUBSCRIPTIONS 2,100. 1,050. 1,050. o. BOOKS 415. 415. 0. |— 0 OUTSIDE CONSULTANTS 25,667 17,967. 7,700 Oe MEALS & ENTERTAINMENT, 8, 438. 4,219. 4,219. oO. INSURANCE 2,093. On 2,093. 0 LICENCE 100. On 200. ° PENALTY 20. 0 20. 0 TAXI CABS B47. a7, o Oo. Total 42,838 26,0 16,761 Form 990, Page 3, Part IV, Lines 57a & 57b Land, Buildings and Equipment Statement @ ® © Cost/Other | Accumulated | Book Value Basis Depreciation COMPUTER AND OFFICE EQUIP. 35,784, 26,772 9,012. Total 35,784. 26,772. 9,012. Form 990, Page 3, Part IV, Line 65 Other Liabilities Statement Line 65 - Other Liabilities: Beginning End of of Year Year PAYROL TAX PAYABLE | Total