Rethreaded Inc.

“The form 990 is provided to the president to review and sign. No review was or will be conducted by the board.”

“The organization requires that all members of its governing body disclose, in writing, at any respective time any personal interest he or she may have in any and every matter before the organization. Moreover, all members who have such an interest are prohibited from participating in any way in any decision making process with respect to transactions or associations with that interest. Last, no board member may obtain any list of clients for personal or private solicitation at any time. The conflict of interest policy is strictly enforced.”

“The director's compensation is subject to an annual review. The board of directors considers both compensation data for positions bearing similar duties and responsibilities and the director's actual performance relative to the organization's mission, established goals, and economic operating conditions.”

“Upon written request, the organization's governing documents are made available for public viewing at the organization's physical address.”

“Audit report issued after original tax return was filed. This amended tax return reflects the final audit report balances.”

“Rethreaded provides employment to women in the jacksonville, florida area who are coming out of lives of addiction, violence, human trafficking, and prostitution. Many of these women leave prison with felony records which create significant challenges to employment. Rethreaded is a safe place where women are paid a living wage and employed in five different areas at rethreaded including marketing, administration and finance, production, inventory, and sales. Locally, the organization has directly helped many women in the jacksonville area through employment at rethreaded. The organization also provides an initial 3-month paid job training program where after completion the women continue employment at rethreaded and specialize in one of the five areas listed above. During the training period, rethreaded works with the employee to identify an area in the organization where she will thrive. The goal is to help employees develop valuable job skills and a renewed sense of confidence so they can become leaders and advocates in the organization and the community.”

“Book / tax depreciation difference 1”