Endeavor Catalyst Inc.

“Members or stockholders endeavor catalyst's sole corporate member is its parent organization, endeavor global, inc.”

“Form 990 review process the form 990 is prepared by an international accounting firm in conjunction with the organization's financial department. The financial information used to prepare the form 990 has been independently audited, and the audited financial statements are reviewed by the board's finance committee. Further, the 990 draft filing is reviewed by the vice president, finance for accuracy prior to submission.”

“Conflict of interest policy monitoring & enforcement annually, endeavor requires that all board members, officers and key employees receive, read/understand and sign a conflict of interest policy statement in which any/all potential conflicts are noted. Further, all individuals affirm that he/she understands endeavor's charitable purpose and that disclosure is an imperative condition under which one may serve on the board of directors or as an officer or key employee. The signed conflict of interest statements are reviewed by the senior vp, finance and discussed with the ceo. Any conflicts or potential conflicts are brought to the attention of the board of directors and dealt with appropriately. If a conflict arises, the individual affected will recuse himself/herself from participating in the deliberation and decision making related to the transaction. Endeavor also engages in periodic reviews to ensure that compensation/benefits are reasonable and that partnerships, joint-ventures, contracts and other arrangements with third-party organizations, firms or entities conform to endeavor's written policies, including the conflict of interest policy. Endeavor uses outside, third-party advisors, experts and other professionals. These third-parties include but are not limited to, hr consultants, executive recruiting firms, law firms, etc.”

“Process for determining compensation methods to establish the top management official's compensation all salaries are paid by catalyst's related entity, endeavor global. The following procedures for determining compensation are those of endeavor global, as described here: the endeavor global compensation committee determines executive compensation by relying upon market data and a compensation survey conducted by an independent, third party hr firm. Endeavor global commissions a compensation salary every three years; the last study was commissioned in 2020. In interim years, salary increases are discussed with the independent hr firm to ensure reasonableness and alignment with current compensation ranges of similarly situated organizations. The finance committee, and ultimately the entire board of directors, ratifies the annual budget, which includes department and aggregate personnel lines.”

“How documents are made available to the public audited financial statements are made available in summary form in endeavor's annual report. Upon request, endeavor will provide copies of the form 990, governing documents and the conflict of interest policy available to the general public for the same period of disclosure as set forth in section 6104(d).”

“The organization, in a full transparency posture to reporting, is reporting all benefits in full in part vii, column f and not applying the $10,000 per item exception for certain benefits.”

“The covid-19 pandemic, whose effects first became known in january 2020, has caused economic interruptions through mandated and voluntary closings of businesses and organizations throughout the united states. The extent of the impact of covid-19 on the organization's operational and financial performance will depend on certain developments, including the duration and spread of the outbreak and its impact on the organization's donors, employees, and vendors, all of which at present cannot be fully determined. Accordingly, the extent to which covid-19 may impact the organization's financial position and changes in net assets and cash flows is uncertain and the accompanying combined financial statements include no adjustments relating to the effects of this pandemic.”

“Endeavor catalyst does not have its own employees; it shares employees with its parent organization, endeavor global inc. (ein# 13-3931449) via a common paymaster arrangement. All w-2s and required employment tax returns are filed by endeavor global, inc.”

“Write-off of uncollectible pledge -300,000.”