Sheriffs Ranches Enterprises Inc.

“The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS.”

“The Organization's conflict of interest policy is distributed to each member of the Organization's governing body and its officers as well as all staff in the Board manual and Employee Handbook as applicable. Annually, board members, officers and key staff will be required to acknowledge that (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy.”

“The Board of Directors (all of whom are independent with respect to the Organization's President) determines the compensation for the Organization's President taking into consideration historical data for salaries within the Organization as well as market conditions and prevailing levels of compensation in the market. In addition, the Board has established a formal Classification and Pay Plan which addresses all staff positions within the organization. These procedures are followed to ensure that compensation arrangements for the Organization's key leaders are reasonable and appropriate. The executive compensation of the President (including an amount reimbursed by the Organization as well as the deferred compensation arrangement) is set by the Board of Florida Sheriffs Youth Ranches, Inc. ("FSYR", a related 501(c)(3) organization) within the terms of the employment contract. The terms of the reimbursement by the Organization are reviewed for reasonableness by the FSYR Board of Directors and subsequently approved by the Organization's Board of Directors during the annual budget approval process.”

“The Organization provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements.”

“William Frye, Jr., serves both Sheriffs Ranches Enterprises, Inc. and a related 501(c)(3) organization, Florida Sheriffs Youth Ranches, Inc. In 2016, Sheriffs Ranches Enterprises, Inc. reimbursed Florida Sheriffs Youth Ranches, Inc. for the estimated value of the services rendered to Sheriffs Ranches Enterprises, Inc. in the amount of $28,896.”

“The Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”