Orthoworx Inc

“Upon completion of the form 990, an electronic version of the return is distributed to all board members. Board members are asked to review the return and indicate whether they accept or do not accept the form 990 as presented. If accepted by a majority of the board, the form 990 is then submitted to the irs. If not accepted, the form 990 will be revised until accepted by the board of directors.”

“Each year, board members are required to fill out a conflict of interest statement and a related party questionaire. The organization monitors and enforces compliance through review of these materials and self-regulation of board members.”

“The process for determining compensation of the organization leader is governed and approved by the compensation committee including for fiscal year 2024. The organization leader submits a written self-assessment to the orthoworx compensation committee about one week before the meeting at which compensation will be addressed. If incentive compensation has been offered, the self-assessment will include a narrative of performance results compared with the terms of the incentive compensation. The compensation committee in consultation with the organization leader, will develop a list of comparables to the compensation of other executives in similar positions as well as a compensation history for the organization leader. The list will contain a minimum of three comparables. At the meeting, the organization leader reviews the assessment with the committee members and discusses any questions/concerns that may arise. The organization leader is excused and the committee discusses performance further and comes to a conclusion on any changes to be made to future compensation and payment to be made on any incentive compensation. The compensation committee than reviews compensation detail and determines any compensation adjustment to be made. The chairman of the compensation committee meets with the organization leader to review the conclusions of the compensation committee regarding performance and compensation adjustment and incentive payment, if any. The compensation terms should be reflected in the minutes of the compensation committee and distributed no later than the next meeting of the board of directors or 60 days after the date of the meeting at which the compensation is approved, whichever is later. The minutes should reflect (i) the date on which the compensation was approved,(ii) the members of the compensation committee who were present and voted on the compensation terms, (iii) the comparability data that was obtained and used, and (iv) any recusal or withdrawal by a member of the compensation committee who had a conflict of interest with respect to the compensation.”

“The organization has no other officers or key employees.”

“Orthoworx, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request through the organization's office. Orthoworx, inc.'s form 990 is available online at www.guidestar.org. Form 990 is also available upon request through the organization's office.”