TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
CODE 3 ASSOCIATES INC

Number and street (or P.O. box number if mail is not delivered to street address)1530 SKYWAY DRIVE Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LONGMONT, CO80504

A Employer identification number

84-1461821

B Telephone number (see instructions)

(303) 772-7724

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,659,781J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	94,427
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	1,313		1,313	1,313
5a	Gross rents..............	25,000		25,000	25,000
b	Net rental income or (loss) 25,000
6a	Net gain or (loss) from sale of assets not on line 10		13,549
b	Gross sales price for all assets on line 6a 150,511
7	Capital gain net income (from Part IV, line 2)...			13,549
8	Net short-term capital gain.........				136
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		152,136		152,136
12	Total. Add lines 1 through 11........	286,425		39,862	178,585
13	Compensation of officers, directors, trustees, etc.	60,000			60,000
14	Other employee salaries and wages......	204,123			107,246	96,877
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		3,856			3,856
b	Accounting fees (attach schedule).......		4,255			4,255
c	Other professional fees (attach schedule)....
17	Interest...............	27				27
18	Taxes (attach schedule) (see instructions)...		20,688	11	8,855	11,822
19	Depreciation (attach schedule) and depletion...		46,122		17,021
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		154,907	388	85,310	69,209
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	493,978		399	278,432	186,046
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	493,978		399	278,432	186,046
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-207,553
b	Net investment income (if negative, enter -0-)			39,463
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	37,727	10,482	10,484
	2	Savings and temporary cash investments..........	16,534	18,102	18,102
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	137,031
	14	Land, buildings, and equipment: basis 1,919,320
		Less: accumulated depreciation (attach schedule) 474,848	1,489,932	1,444,472	1,631,195
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,681,224	1,473,056	1,659,781
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	5,079	4,464
	23	Total liabilities (add lines 17 through 22)..........	5,079	4,464
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,676,145	1,468,592
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	1,676,145	1,468,592
	31	Total liabilities and net assets/fund balances (see instructions)..	1,681,224	1,473,056

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,676,145
2	Enter amount from Part I, line 27a.....................	2	-207,553
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	1,468,592
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,468,592

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	360 SH ARTIO GLOBAL HIGH INCOME	P	2013-10-04	2014-08-06
b	185.75 SH HARBOR CAPTIAL APPRCTION	P	2012-07-19	2014-06-30
c	595.51 SH DRIEHAUS ACTIVE INCOME FD	P	2013-11-05	2014-04-08
d	294.45 SH MFS VALUE FUND	P	2009-07-21	2014-06-30
e	576.49 SH EATON VANCE FLOATING RATE	P	2013-11-05	2014-10-27
	155.58 SH OPPENHEIMER DEVELOPING MKT	P	2012-07-19	2014-06-30
	691.50 SH EATON VANCE GLOBAL MACRO	P	2013-11-05	2014-04-08
	163.75 SH OPPENHEIMER DEV MKT	P	2012-07-19	2014-10-27
	502.58 SH FEDERATED STRAT VAL DIV FD	P	2013-11-05	2014-08-06
	462.54 SH PRINCIPAL PREFERRED	P	2011-05-12	2014-08-06
	747.90 SH JP MORGAN STRAT INC OPP	P	2013-11-05	2014-04-08
	185.74 SH TEMPLETON GLOBAL BOND	P	2011-05-12	2014-04-08
	494.93 SH TEMPLETON GLOBAL BOND FD	P	2013-11-05	2014-04-08
	196.16 SH THORNBURG INTL VALUE	P	2009-07-21	2014-06-30
	92.35 SH THORNBURG INTL VALUE FD	P	2013-11-05	2014-06-30
	4,636.93 SH WF ADV ULTRA SH-TRM MUNI	P	2013-11-05	2014-01-21
	2,237.97 SH WELLS FARGO ADV S/T MUNI	P	2013-10-04	2014-02-19
	459.37 SH CREDIT SUISSE COMM	P	2012-07-19	2014-04-08
	230.55 SH DRIEHAUS ACTIVE INCOME FD	P	2011-04-21	2014-04-08
	393.44 SH EATON VANCE FLOATING RATE	P	2013-10-04	2014-10-27
	253.30 SH EATON VANCE GLOBAL MACRO	P	2012-07-19	2014-04-08
	647.48 SH FEDERATED STAT VAL	P	2013-10-04	2014-10-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,629	3,600	29
b	10,931	6,036	4,895
c	6,402	6,407	-5
d	10,039	6,231	3,808
e	5,183	5,292	-109
	6,195	4,876	1,319
	6,452	6,503	-51
	6,367	4,781	1,586
	3,073	2,915	158
	4,806	4,725	81
	8,915	8,885	30
	2,433	2,422	11
	6,484	6,469	15
	6,085	4,563	1,522
	2,865	2,843	22
	22,350	22,350
	22,367	22,320	47
	3,569	3,511	58
	2,478	2,591	-113
	3,537	3,600	-63
	2,363	2,442	-79
	3,988	3,600	388

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			29
b			4,895
c			-5
d			3,808
e			-109
			1,319
			-51
			1,586
			158
			81
			30
			11
			15
			1,522
			22

			47
			58
			-113
			-63
			-79
			388

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	13,549
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3	136

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	352,977	560,407	0.629858
2012	538,525	677,056	0.795392
2011	463,962	631,709	0.734455
2010
2009

2	Total of line 1, column (d) ......................	2	2.159705
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.719902
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	443,919
5	Multiply line 4 by line 3.......................	5	319,578
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	395
7	Add lines 5 and 6.........................	7	319,973
8	Enter qualifying distributions from Part XII, line 4..............	8	186,046
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	789
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	789
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	789
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	1,369
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	2,500
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	3,869
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,080
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax3,080	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.CODE3ASSOCIATES.ORG

The books are in care of bullet

NAN STUART Telephone no. bullet

(303) 772-7724

Located at bullet

1530 SKYWAY DRIVELONGMONTCO ZIP+4 bullet

80504

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NAN STUART	SEC. / TREAS 55.00	0	0	0
11732 CRYSTAL VIEWS LANE LONGMONT,CO80501	SEC. / TREAS 55.00	0	0	0
ERIC BAGDIKIAN	PRESIDENT 1.00	0	0	0
11732 CRYSTAL VIEWS LANE LONGMONT,CO80501	PRESIDENT 1.00	0	0	0
PAM DELABAR	DIRECTOR 0.00	0	0	0
7131 OAK DRIVE SAN ANTONIO,TX78256	DIRECTOR 0.00	0	0	0
SHIRLEY ANN MINSHEW	DIRECTOR 0.00	0	0	0
298 FISHERMANS ISLE BRAZORIA,TX77422	DIRECTOR 0.00	0	0	0
GARY P MADDOX PHD	DIR/INSTRUCT 20.00	60,000	0	0
321 HEARNES CENTER COLUMBIA,MO65211	DIR/INSTRUCT 20.00	60,000	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	EDUCATIONAL PROGRAMS CODE 3 ASSOCIATES PROVIDES A NUMBER OF EDUCATIONAL PROGRAMS, AS DETAILED BELOW EQUINE INVESTIGATIONS ACADEMY LEVELS I AND II THE EQUINE INVESTIGATIONS ACADEMY IS A 48 HOUR CERTIFIED COURSE DESIGNED FOR ANIMAL WELFARE AND LAW ENFORCEMENT AS WELL AS OTHER ANIMAL RELATED PERSONNEL. THIS ACADEMY IS CERTIFIED THROUGH COLORADO STATE UNIVERSITY. THIS COURSE TEACHES THE PARTICIPANT TO RECOGNIZE AND COMBAT ANIMAL ABUSE AS IT APPLIES TO HORSES. THE CLASS IS 50% CLASSROOM LECTURES AND 50% HANDS-ON ACTIVITIES WITH HORSES, ALLOWING STUDENTS TO ACTUALLY PRACTICE THE SKILL LEARNED IN THE CLASSROOM. UPON COMPLETION OF THE COURSE, THE PARTICIPANT CAN DEMONSTRATE A LEVEL OF COMPETENCY BOTH PHYSICALLY WITH THE ANIMAL AS WELL AS WITH INVESTIGATIVE SKILLS. THEY ARE ABLE TO RESPOND TO EQUINE ABUSE CALLS, THOROUGHLY INVESTIGATE AND DEVELOP THE CASE, AND PUT IT TOGETHER FOR SUCCESSFUL PROSECUTION. THIS IS A UNIQUE IN-RESIDENCE INTENSIVE TRAINING PROGRAM THAT BOASTS OUTSTANDING FACULTY. EV	278,432
2	DISASTER SERVICES - PREPAREDNESS TRAINING ND RELIEF SERVICES DISASTER PREPAREDNESS TRAINING COMES IN MANY FORMS AND IS NORMALLY TAILORED TO THE GROUP REQUESTING THE TRAINING. SESSIONS RANGE FROM TWO HOURS TO TWO DAYS DEPENDING ON THE NEEDS OF THE PARTICIPANTS. THE INFORMATION RECEIVED WILL HELP THE PARTICIPANT MENTALLY AND PHYSICALLY PREPARE THEMSELVES,THEIR FAMILIES, THEIR FRIENDS, AND THEIR CO- WORKERS FOR ANY POSSIBLE DISASTERS THAT MAY HAPPEN. THE CLASS CREATES AN AWARENESS OF POTENTIAL SITUATIONS, RELATED DANGERS, AND WAYS TO PREPARE FOR THOSE SITUATIONS. STUDENTS ARE TAUGHT TO PREPARE PERSONAL DISASTER PLANS FOR THEIR HOMES AND FAMILIES AS WELL AS FOR THEIR ANIMALS. DISASTER RELIEF SERVICES INCLUDES ALL ON-SITE DISASTER RESPONSES THROUGHOUT THE UNITED STATES. THIS PROGRAM TAKES PRIORITY OVER ALL OTHER SERVICES AND IS MOST OFTEN UNSCHEDULED AND UNPLANNED AS THAT IS THE NATURE OF DISASTERS. THE CODE 3 ASSOCIATES, INC. MOBILE COMMAND PROGRAM CENTER (AN 82 FOOT 33 TON TRACTOR-TRAILER	121,917
3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

57,845

Average of monthly cash balances.......................

31,470

Fair market value of all other assets (see instructions)................

361,364

Total (add lines 1a, b, and c).........................

450,679

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

450,679

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

6,760

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

443,919

Minimum investment return. Enter 5% of line 5..................

22,196

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2014 from Part VI, line 5......

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

186,046

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

186,046

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

186,046

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2014 from Part
XII, line 4: $ 186,046
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....
e Remaining amount distributed out of corpus		186,046
5 Excess distributions carryover applied to 2014.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		186,046
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 2014....

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	186,046	352,977	541,051	464,729	1,544,803
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	186,046	352,977	541,051	464,729	1,544,803
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	14,797	18,680	22,569		56,046
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NAN STUART

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aEDUC PROG TUITION					108,853
bDIS SVC & TRAINING					12,000
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	1,313
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	25,000
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	13,549
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				71,145	120,853

13Total. Add line 12, columns (b), (d), and (e)..................

13191,998

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	SEE DESCRIPTION FOR DISASTER SERVICES IN PART IX-9
1B	SEE DESCRIPTION FOR EDUCATION IN PART IX-A OF RETURN.

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

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 taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

CODE 3 ASSOCIATES INC

Employer identification number

84-1461821

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization CODE 3 ASSOCIATES INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	HADLEY & MARION STUART FOUNDATION 11748 CRYSTAL VIEWS LANE LONGMONT, CO80504	$50,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	NAN STUART 11732 CRYSTAL VIEWS LANE LONGMONT, CO80504	$35,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization CODE 3 ASSOCIATES INC

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
CODE 3 ASSOCIATES INC

Employer identification number

84-1461821

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 AccountingFeesSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	4,255			4,255

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2014 DepreciationSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
TELEVISION	1998-02-11	595	595	200DB	5.0000
CAGES	1998-07-11	6,566	6,566	200DB	5.0000
ANIMAL HANDLING EQUIPMENT	1998-04-30	500	500	200DB	5.0000
COMPUTER	1998-12-08	1,178	1,178	200DB	5.0000
BOAT	1998-04-08	773	773	200DB	5.0000
CAGES & MISC EQUIPMENT	1998-12-27	4,439	4,439	200DB	5.0000
BIRD CAGES	1999-03-29	440	440	200DB	5.0000
SURGICAL EQUIPMENT	1999-07-01	3,002	3,002	200DB	5.0000
RESCUE EQUIPMENT	2000-03-27	400	400	200DB	5.0000
OVERHEAD PROJECTOR	2000-06-04	166	166	200DB	5.0000
REMOTE CONTROL FOR PROJ	2000-05-22	198	198	200DB	5.0000
CAMERA EQUIPMENT	2000-05-22	245	245	200DB	5.0000
FLATBED SCANNER	2000-08-12	118	118	200DB	5.0000
RAMP - AUTO LOADER	2001-04-23	683	683	200DB	5.0000
BATTERY CHARGER	2001-12-26	246	246	200DB	5.0000
COMPUTERS	2002-02-19	2,423	2,423	S/L	5.0000
FURNITURE	2002-01-12	1,830	1,830	S/L	10.0000
SHELVING UNITS	2002-01-16	616	616	S/L	10.0000
COMPUTER	2002-02-28	786	786	S/L	5.0000
STACKING CHAIR	2002-03-05	1,170	1,170	S/L	10.0000
PRINTER	2002-03-06	377	377	S/L	5.0000
MONITORS	2002-03-07	500	500	S/L	5.0000
PRINTER	2002-03-15	336	336	S/L	5.0000
COMPUTER	2002-03-20	1,678	1,678	S/L	5.0000
FURNITURE	2002-04-10	1,634	1,634	S/L	10.0000
COMPUTER	2003-07-01	1,226	1,226	S/L	5.0000
ZIP DRIVE	2003-07-01	198	198	S/L	5.0000
HORSE TRAILER	2003-03-15	1,700	1,700	S/L	7.0000
STAIRS TRAILER-SLEEPER	2003-02-21	7,371	7,371	S/L	7.0000
XL DRY SUIT	2004-01-05	274	274	S/L	5.0000
RESCUE GLIDE	2004-01-12	1,184	1,184	S/L	7.0000
XL DRY SUIT	2004-01-24	473	473	S/L	5.0000
COMPUTERS & PROJECTOR	2004-02-26	3,922	3,922	S/L	5.0000
EXTRICATION SUIT	2004-03-28	299	299	S/L	5.0000
XL DRY SUIT	2004-05-04	409	409	S/L	5.0000
COMPUTER	2004-05-19	911	911	S/L	5.0000
WALK BOARDS	2004-07-01	1,984	1,984	S/L	7.0000
SIGNAL LIGHTS FOR VEHICLE	2004-09-08	935	935	S/L	7.0000
SPORT TRAC LIGHTS	2004-09-30	942	942	S/L	7.0000
TAG MACHINE	2004-09-30	1,805	1,805	S/L	7.0000
LIGHTS AND INSTALLATION	2004-10-19	1,344	1,344	S/L	7.0000
MORE LIGHTS	2004-10-21	1,367	1,367	S/L	7.0000
WASHER & DRYER	2004-11-01	561	561	S/L	7.0000
LIGHTS & INSTALLATION	2004-11-08	1,293	1,293	S/L	7.0000
DRYSUITS	2004-11-24	817	817	S/L	5.0000
LIGHTS ON VEHICLE	2005-07-01	1,262	1,262	S/L	5.0000
GPS	2005-02-21	500	500	S/L	5.0000
LAPTOP COMPUTER	2005-03-28	856	856	S/L	5.0000
VHS/DVD RECORDER	2005-04-29	330	330	S/L	5.0000
POWERPOINT PROJECTOR	2005-12-14	850	850	S/L	5.0000
CARD PRINTER	2006-09-05	2,940	2,940	S/L	5.0000
COMPUTER - LAURETTA	2006-11-21	500	500	S/L	5.0000
RADIOS	2006-11-01	12,790	12,790	S/L	5.0000
PRINTER	2006-06-09	440	440	S/L	5.0000
LIGHTS AND INSTALLATION	2007-04-25	807	807	S/L	5.0000
RADIOS	2007-05-17	484	484	S/L	5.0000
TRADE SHOW EXHIBIT	2007-09-11	547	547	S/L	5.0000
COMPUTER-CJR	2007-09-29	1,211	1,211	S/L	5.0000
TRUCK AND RADIO	2008-03-17	11,242	11,242	S/L	5.0000
NEW BART TRACTOR&SLEEPER	2009-01-16	159,168	156,517	S/L	5.0000	2,651
RADIOS	2008-06-04	367	367	S/L	5.0000
BOAT TRAILER	2009-09-25	525	446	S/L	5.0000	79
1.81 ACRES - VISTA COMM	2010-08-04	938
1530 SKYWAY - LAND	2010-08-04	174,853
1530 SKYWAY - BLDG	2010-08-04	990,837	86,804	S/L	39.0000	25,406
12490 VERMILLION - LAND	2010-08-04	69,420
12490 VERMILLION - HOUSE	2010-08-04	262,253	32,582	S/L	27.5000	9,536
12490 VERMILLION - BARN	2010-08-04	121,127	20,691	S/L	20.0000	6,056
12490 VERMILLION - ARENA	2010-08-04	10,000	4,882	S/L	7.0000	1,429
RADIOS	2011-08-25	767	357	S/L	5.0000	153
RADIO FOR TRUCK	2012-01-16	555	213	S/L	5.0000	111
FLATBED	2012-01-25	293	113	S/L	5.0000	59
LIGHTS	2012-01-25	727	278	S/L	5.0000	145
BED LINER IN ONE TON	2012-02-09	525	201	S/L	5.0000	105
LIGHTS	2012-02-14	290	111	S/L	5.0000	58
TOPPER FOR NEW BERNICE	2012-02-16	1,340	491	S/L	5.0000	268
SEMI TRAILER	1999-06-01	30,000	30,000	200DB	5.0000
COMPUTER	2014-07-11	662		S/L	5.0000	66
ANI							17,021

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
TEMPLETON GLOBAL BOND FUND	AT COST
HARBOR CAPITAL APPRECIATION FU	AT COST
MFS VALUE FUND	AT COST
OPPENHEIMER DEVELOPING MARKET	AT COST
THORNBURG INTERNATIONAL VALUE	AT COST
WELLS FARGO ADVANTAGE ULTRA S/	AT COST
PRINICIPAL PREFERRED SECURITIE	AT COST
DRIEHAUS ACTIVE INCOME FUND	AT COST
EATON VANCE GLOBAL MACRO ABSOLUTE RE	AT COST
CREDIT SUISSE COMM RETURN STRATEGY	AT COST
ABERDEEN GLOBAL HICH INCOME FUND	AT COST
EATON VANCE FLOATING RATE FUND	AT COST
WELLS FARGO ADVANTAGE ST MUNI	AT COST
FEDERATED STRATEGIC VALUE DIVIDEND	AT COST
STRATEGIC INCOME OPPORTUNITIES	AT COST

- TIN:

TY 2014 LandEtcSchedule2

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
	1,674,109	474,848	1,199,261	1,385,984
	245,211		245,211	245,211

- TIN:

TY 2014 LegalFeesSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT LEGAL FEES	3,856			3,856

- TIN:

TY 2014 OtherExpensesSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
AUTO AND TRUCK	13,407		705	12,702
INSURANCE	16,292			16,292
OUTSIDE SERVICES	57,000		57,000
REPAIRS AND MAINTENANCE	17,611			17,611
SUPPLIES	5,079		531	4,548
TRAINING	700		700
TRAVEL	32,307		26,101	6,206
INVESTMENT EXPENSE	388	388
OFFICE EXPENSE	12,123		273	11,850

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Description	Revenue And Expenses Per Books	Adjusted Net Income
EDUC PROG TUITION	108,853	108,853
DIS SVC & TRAINING	12,000	12,000
	31,283	31,283

- TIN:

TY 2014 OtherLiabilitiesSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Description	Beginning of Year - Book Value	End of Year - Book Value
CREDIT CARDS PAYABLE	818	2,374
PAYROLL LIABILITIES	4,260	2,090
ROUNDING	1

- TIN:

TY 2014 TaxesSchedule

Name:

CODE 3 ASSOCIATES INC

EIN: 84-1461821

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAX	16,854		8,855	7,999
PROPERTY TAX	3,623			3,623
EXCISE TAX	200			200
FOREIGN TAX ON INVESTMENTS	11	11