Rooted School Foundation

“The 990 will be emailed to the Board and any questions will be answered by email or at the follow Board meeting.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: 1. Has received a copy of the conflicts of interest policy; 2. Has read and understands the policy; 3. Has agreed to comply with the policy; and 4. Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the and members of committees with governing board delegated powers considering the proposed transaction arrangement; the Board will then vote on whether a conflict of interest exists, without the respective Board member present.”

“The Executive Compensation Committee will obtain research and information to make a recommendation to the full board for the salary and benefits of the Executive Director/CEO (and other highly compensated employees or consultants) based on a review of comparability data. For example, the Executive Compensation Committee will secure data that documents compensation levels and benefits for similarly qualified individuals in comparable positions at similar organizations.”

“These documents are available upon request.”

“Miscellaneous: Program service expenses 49,252. Management and general expenses 16,691. Fundraising expenses 0. Total expenses 65,943. Leased Employee: Program service expenses 57,917. Management and general expenses 6,435. Fundraising expenses 0. Total expenses 64,352.”

“The return is being amended for the following reasons: 1) Unchecked Initial Return box, as a 990-N was previously filed. 2) Update Program Service Accomplishment descriptions 3) Payments for leased employees moved from Salaries & Wages to Other Fees for Services 4) Payments for leased employee removed from Part VII 5) Show correct Year of Formation as 2019 6) Add prior year Balance Sheet numbers 7) Add prior year income numbers to Schedule A 8) Reduced contribution income by $50,000, which was actually received during the prior fiscal year.”