Compass Rose Foundation Inc.

“Donald jones sharon jones ceo treasurer husband/wife donald jones gregory jones ceo pres father/son donald jones bradley jones ceo secretary father/son sharon jones gregory jones treasurer pres mother/son sharon jones bradley jones treasurer secretary mother/son gregory jones bradley jones president secretary brother/brother”

“A copy of the completed form 990 is presented to the board members in advance of a regular meeting of the board. The board members are afforded the opportunity to ask questions and request changes (if there are perceived factual inaccuracies). The final form 990 is approved as presented or, if applicable, as changed, by a majority vote of the members present at the meeting.”

“The organization maintains a conflict of interest policy to ensure that conflicts between and among the organization, its employees and its directors are properly disclosed and, if improper, avoided. The organization enforces this policy by requiring that improper conflicts of interest relationships are avoided or eliminated and by ensuring that directors with real or perceived conflicts abstain from debating or voting upon matters related to the conflict. All employees and directors are required to annually disclose any conflicts.”

“The organization's board has adopted a compensation policy (the "policy") for covered individuals. Pursuant to the policy, a compensation committee of independent directors was established to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the organization, including, among others, the organization's president and chief executive officer. The compensation committee is advised by an independent compensation consultant, which opines to the compensation committee that the level of compensation paid and the process by which the compensation is established meet applicable irs reasonableness and "safe harbor" standards. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the organization does not compensate in excess of market norms.”

“The organization's board has adopted a compensation policy (the "policy") for covered individuals. Pursuant to the policy, a compensation committee of independent directors was established to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the organization, including, among others, the organization's president and chief executive officer. The compensation committee is advised by an independent compensation consultant, which opines to the compensation committee that the level of compensation paid and the process by which the compensation is established meet applicable irs reasonableness and "safe harbor" standards. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the organization does not compensate in excess of market norms.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request or as otherwise required by federal and florida statute.”

“Area. This endeavor, known as j-tech, is a vocational institution of higher learning whereby its focus is shorter-term diploma and occupation associate degree programs training students in high-demand trades.”

“Net loss from subsidiary 636,935 unrealized loss on land fmv 238,954 the other changes in net assets consists of a net loss totaling 636,935 arising from the organization's investment in its subsidiary and an unrealized loss of 238,954 from the write-down of the fair market value of land held as an investment.”