Red Worldwide Inc.

“RED Worldwide, Inc. has established a formal review process for its Form 990 prior to filing. Once the return is prepared by the organizations tax advisor or accountant, a draft copy is distributed via email to the full Board of Directors and key officers for their review. Since we filed an extension, the draft of Form 990 was reviewed by the CEO, Patience Rose, the CFO who has financial oversight responsibilities in 2025. This review occurred during the final week of preparation, prior to the return being filed with the IRS.”

“RED Worldwide, Inc. maintains a written conflict of interest policy that applies to all directors, officers, and key employees. The organization regularly and consistently monitors and enforces compliance with this policy through the following procedures: 1. Annual Disclosure: All board members and officers are required to complete and sign an annual conflict of interest disclosure statement, affirming their understanding of the policy and disclosing any potential conflicts. 2. Review by Governance Committee or Executive Leadership: Completed disclosure forms are reviewed by the Executive Director and Treasurer, and any identified conflicts are discussed to determine whether recusal or other action is needed. 3. Meeting Protocols: During board meetings, members are reminded to disclose any conflicts related to agenda items. If a conflict exists, the affected individual is asked to recuse themselves from discussion and voting on the matter. 4. Documentation: All disclosures, recusals, and related board actions are recorded in the official meeting minutes to ensure transparency and accountability. This process ensures that RED Worldwide, Inc. consistently upholds ethical standards and complies with its governance policies.”

“RED Worldwide, Inc. only paid contractors.in the last few years. We did not compensate any officers, directors, trustees, or key employees during the 2024 tax year. As such, the process for setting compensationincluding independent review, use of comparability data, and contemporaneous documentationwas not applicable for this reporting period. However, the organization has developed a formal compensation policy and plans to begin compensating key employees in the 2026 fiscal year. When compensation is implemented, the organization intends to follow the rebuttable presumption procedures as outlined by the IRS, including: Review and approval by independent members of the Board of Directors or an authorized compensation committee; Use of external comparability data (e.g., compensation surveys, 990 filings from similar organizations, or third-party reports); and Proper documentation of the deliberations and decisions in contemporaneous meeting minutes. This policy ensures that future compensation decisions will be reasonable, transparent, and compliant with federal guidelines.”

“In 2024, RED Worldwide, Inc. operated with a small executive leadership team. While the organization maintained a Board of Directors and a President (Patience Rose), there were no additional officers, directors, or key employees who met the IRS reporting thresholds under Form 990, Part VII, Section A. The organization relied heavily on independent contractors and volunteer support for program delivery, administration, and strategic oversight. Any individuals performing officer-level functions without formal officer titles or compensation were not classified as key employees under IRS definitions because they: Did not receive reportable compensation exceeding $150,000; Did not have organization-wide authority or control over major functions or finances; Were either independent contractors or volunteers without formal fiduciary responsibilities. RED Worldwide, Inc. expects to expand its internal leadership structure as it transitions to a paid employee model beginning in 2026. Any new officer or key employee roles will be disclosed and reported accordingly in future filings.”

“RED Worldwide, Inc. makes its governing documents, financial statements, and conflict of interest policy available to the public through Candid (formerly Guidestar). The organization maintains an up-to-date profile on the platform, which includes: Articles of Incorporation Bylaws IRS determination letter Annual Form 990 filings Summary financials Conflict of interest policy (when requested) Additionally, copies of these documents are available upon request by email to the organizations administrative office. RED Worldwide, Inc. is committed to operational transparency and ensures public access to key documents in alignment with federal requirements and nonprofit best practices.”

“Patience Rose and Howard Rose, Jr. are married and serve as CEO and COO of the organization.”