Sunrise Community of Northeast Florida Inc.

“The sole member of the organization is sunrise community services, inc.”

“The organization's sole member, sunrise community services, inc., has the authority to elect members of the board of directors.”

“At a meeting of members called expressly for that purpose, any director or the entire board of directors may be removed, with or without cause, by a vote of a majority of the members then entitled to vote at an election of directors.”

“The finance committee conducts a comprehensive review of the form 990 before it is filed. A copy of the return, as ultimately filed, is provided to each voting member of the board of directors before it is filed with the irs.”

“The organization's conflict of interest policy covers all employees, executives, trustees and board members. The president & ceo monitors and enforces compliance with the conflict of interest policy.”

“The organization's governing documents, conflicts of interest policy, and financial statements are available to the public upon request.”

“Change in beneficial int in charitable trust 21,119. Net assets transferred from related party 743,290.”

“Oversight of audit and selection of independent accountant: the audit committee is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements.”

“Net assets transferred from/(to) related entities: the sunrise group's cash management policies require all cash receipts to be transferred to the sunrise community, inc. General operating account. Cash transfers back to the organization are only made to cover its required cash flow needs, creating a due from (to) sunrise community, inc. Since there is no intention to repay these related-party balances, any excess cash transfers are considered a permanent transfer of net assets at year-end. During the year ended june 30, 2018, the organization transferred net assets from entities in the sunrise group amounting to $743,290. Net assets transferred to related parties during the year ended june 30, 2018 included non-cash assets and its related liabilities, with a net book value of $7,638. In addition, related organizations were charged program and administrative fee allocations by the organization in the net amount of $94,203 for the year ended june 30, 2018. Costs are allocated to related organizations which benefit from program and management services.”