Ozark Greenways Inc

“The organization has established written policies for the periodic monitoring, inspection, violation handling, and enforcement of the conservation easements it holds. A site visit to the easement properties are performed at least annually. Any concerns or questions that arise during the monitoring visits and any potential violations are directed to the executive director. The excutive director will gather background information about the circumstances and evaluate the concerns in the context of furthering ozark greenways' stated mission, fulfilling ozark greenways' legal obligations, upholding the conservation restriction's stated conservation purpose, and maintaining positive community relations and overall public relations.”

“The organization has obtained easements for trail corridor expansion/extension, riparian corridor preservation, historical, and agricultural preservation to improve certain unowned trails. No financial fair value recognition of the easements has occurred, as no basis for establishing value exists.”

“Endowment funds are being held with earnings being reinvested. Once an invested fund reaches a level which, assuming a 5% annual return, would generate enough income to fund annual maintenance costs of the trail system, systematic withdrawals will begin.”

“The organization has analyzed the tax positions taken and has concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken, or expected to be taken, that would require disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization does not believe it likely that changes will occur within the next fiscal year that will have a material impact on the financial statements.”