2025-05-22T13:05:41-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 522135531 FOREST TRENDS ASSOCIATION FORE 2022983000 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 MICHAEL JENKINS PRESIDENT & CEO 2022983000 2025-05-22 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z MICHAEL JENKINS 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 11109171 0 X WWW.FOREST-TRENDS.ORG X 1998 DE SEE PART III, LINE 1. 15 15 25 20 0 0 12241112 10995950 60000 1801 41503 84819 6600 9075 12349215 11091645 791227 1389894 0 0 4860432 5193908 0 0 77759 5550274 5803867 11201933 12387669 1147282 -1296024 11367968 10050696 4067912 4047161 7300056 6003535 X OUR MISSION IS TO DRIVE INNOVATION IN ENVIRONMENTAL FINANCE TO SUSTAIN RESILIENT ECOSYSTEMS AND COMMUNITIES.FOR OVER TWO DECADES, FOREST TRENDS (CONTINUED ON SCHEDULE O) HAS PIONEERED THE IDEA THAT CREATING ECONOMIC VALUE IN OUR FORESTS AND NATURAL ECOSYSTEMS IS ONE OF THE MOST POWERFUL INCENTIVES FOR SUSTAINING THEM.NATURE-BASED SOLUTIONS ARE NOW WIDELY RECOGNIZED AS AN ESSENTIAL PART OF THE SOLUTION FOR CLIMATE MIGRATION AND RESILIENCE. BUT SOCIETY NEEDS TO MOVE FASTER IN THE "NATURAL INFRASTRUCTURE" OF THE PLANET, OR WE RISK HITTING CLIMATIC TIPPING POINTS THAT PUT PARIS AGREEMENT GOALS OUT OF REACH.BY 2030, WE WANT GLOBAL ECONOMIC AND POLICY FORCES ALIGNED WITH THE ESSENTIAL REQUIREMENTS FOR RESILIENT ECOSYSTEMS AND COMMUNITIES. 0 0 5095869 1119628 WATER: RECOGNIZING THE MULTIPLE VALUES, INCLUDING SUPPLIES OF CLEAN WATER, WHICH FORESTS PROVIDE TO PEOPLE, FOREST TRENDS HAS WORKED FROM INCEPTION TO PROMOTE THE USE OF INCENTIVES AND MARKET-BASED INSTRUMENTS TO PROTECT AND SUSTAINABLY MANAGE WATERSHED SERVICES. FOREST TRENDS HELPED ESTABLISH THE CHESAPEAKE BAY FUND, AN INNOVATIVE PARTNERSHIP BETWEEN FOREST TRENDS, THE WORLD RESOURCES INSTITUTE, AND THE CHESAPEAKE BAY FOUNDATION, TO RESTORE AND PROTECT THE BAY'S WATER QUALITY. IN 2010, WE LAUNCHED THE FIRST STATE OF WATERSHED PAYMENTS REPORT, THE FIRST GLOBAL SURVEY OF INCENTIVE AND MARKET-BASED INSTRUMENTS FOR PROTECTING HYDROLOGICAL SERVICES.IN 2011, WE LAUNCHED A 5-YEAR PROJECT, FUNDED BY THE SWISS AGENCY FOR DEVELOPMENT AND COOPERATION, WHICH IS WORKING WITH PARTNERS AROUND THE WORLD TO SCALE UP SUCCESSFUL MODELS OF INVESTMENTS IN WATERSHED SERVICES (IWS). OUR WORK IS BASED ON THE PREMISE THAT NATURAL OR GREEN INFRASTRUCTURE IS NOT ONLY CRITICAL TO SUSTAINING ADEQUATE SUPPLIES OF CLEAN WATER FOR PEOPLE AND NATURE; GREEN INFRASTRUCTURE FOR WATER CAN SIMULTANEOUSLY ADDRESS CLIMATE MITIGATION AND ADAPTION, CONTRIBUTE TO MULTIPLE ECOSYSTEM SERVICES, IMPROVE LIVELIHOODS, AND KEEP FUTURE OPTIONS OPEN. HOWEVER, GREEN INFRASTRUCTURE IS NOT YET A MAINSTREAM PART OF WATER MANAGEMENT. THE INITIATIVE WORKS TO CHANGE THE WAY WATER IS MANAGED BY SCALING GREEN INFRASTRUCTURE INVESTMENTS THROUGH FINANCING MECHANISMS, SO THAT GREEN SOLUTIONS ARE KEY PART OF A MULTI-PRONGED APPROACH FOR WATER SECURITY. FROM THIS PROGRAM OF WORK CAME THE NATURAL INFRASTRUCTURE FOR WATER SECURITY PROJECT BASED IN LIMA, PERU. THE PROJECT AIMS TO SCALE UP INVESTMENTS IN NATURAL INFRASTRUCTURE IN THAT COUNTRY TO SAFEGUARD WATER SUPPLIES AND INCREASE CLIMATE RESILIENCE, CREATING SOLUTIONS THAT WILL BE SCALABLE WORLDWIDE. 1843682 FOREST POLICY, TRADE AND FINANCE: THE FOREST POLICY, TRADE AND FINANCE INITIATIVE WAS CREATED IN THE EARLY 2000S WHEN THE ORGANIZATION REALIZED THAT EMERGING MARKETS FOR ECOSYSTEM SERVICES AND PRODUCTS WERE CONTINUING TO BE UNDERMINED BY CHEAP AND ILLEGAL FOREST PRODUCTS. SINCE THEN, THE FPTF PROGRAM HAS BEEN WORKING TO "SQUEEZE OUT" THE PROFITABILITY AND MARKET ACCESS OF ILLEGALLY SOURCED TIMBER AND AGRICULTURAL PRODUCTS. THE ULTIMATE AIM OF THE FPTF PROGRAM IS TO SUPPORT MARKET TRANSFORMATION AWAY FROM PRODUCTS SOURCED ILLEGALLY FROM FOREST AREAS, DEVELOPING EXCELLENT DATA AND POLICY ANALYSIS IN CONJUNCTION WITH STAKEHOLDERS, AND MENTORING AND CONVENING 'COMMUNITIES OF PRACTICE' AT THE INTERSECTION OF GOOD FOREST GOVERNANCE, LAW ENFORCEMENT, TRADE CONTROLS, SECURE RESOURCE RIGHTS, AND SUSTAINABLE RESOURCE DEVELOPMENT. THE INITIATIVE'S THEORY OF CHANGE HINGES UPON A COMBINATION OF SUPPLY AND DEMAND SIDE INTERVENTIONS AT THIS INTERSECTION OF POLICY, GOVERNANCE, TRANSPARENCY, AND SUSTAINABLE RESOURCE PRODUCTION.MEKONG: PREVENTING DEFORESTATIONS BEFORE IT HAPPENS THROUGH STOPPING ILLEGAL DEFORESTATION, FIGHTING CLIMATE CHANGE, CREATING NEW STRATEGIES IN TRACING ILLEGAL TIMBER AND WORKING BOTH WITH CONSUMERS AND PRODUCERS. 1493909 270266 1801 COMMUNITIES INITIATIVE: THE COMMUNITIES INITIATIVE IS ONE OF THE FIRST INITIATIVES OF FOREST TRENDS. THE INITIAL FOCUS WAS ON RESEARCH AND PUBLICATIONS TO PROMOTE COMMUNITIES' FOREST/LAND TENURE. IN 2006 WE TRANSITIONED TO OUR CURRENT APPROACH OF WORKING DIRECTLY WITH LOCAL COMMUNITIES TO STRENGTHEN THEIR CAPACITY TO SECURE AND MANAGE THEIR TRADITIONAL FOREST HOMELANDS.WE SUPPORT INDIGENOUS AND OTHER TRADITIONAL COMMUNITIES TO SECURE THEIR RIGHTS, MANAGE AND CONSERVE THEIR FORESTS AND IMPROVE THEIR LIVELIHOODS. FOCUSING ON RIGHTS, FORESTS, AND LIVELIHOODS, WE LINK LOCAL COMMUNITIES IN KEY GEOGRAPHIES TO OPPORTUNITIES AROUND EVOLVING POLICY, FINANCE, AND TECHNICAL ASSISTANCE. BY STRENGTHENING LOCAL COMMUNITIES' CAPACITY TO SECURE AND MANAGE THEIR FORESTS, THE COMMUNITIES INITIATIVE IS ALSO CONTRIBUTING TO CLIMATE CHANGE MITIGATION, CULTURAL SURVIVAL, AND TO THE CONSERVATION OF BIODIVERSITY AND OTHER ECOSYSTEM SERVICES. 787192 ECOSYSTEM MARKETPLACE: LAUNCHED AS A WEB-BASED INFORMATION PLATFORM IN 2004, ECOSYSTEM MARKETPLACE PUBLISHES NEWSLETTERS, BREAKING NEWS, ORIGINAL FEATURE ARTICLES AND MAJOR REPORTS ABOUT MARKET-BASED APPROACHES TO CONSERVING ECOSYSTEM SERVICES. BEGINNING IN 2007, STAFF BEGAN COLLECTING SURVEY DATA TO INFORM THE FIRST-EVER "STATE OF THE VOLUNTARY CARBON MARKETS" REPORT; SINCE THEN, COVERAGE HAS EXPANDED TO INCLUDE FOREST CARBON, WATERSHED INVESTMENTS AND BIODIVERSITY IN OUR SIGNATURE "STATE OF" MARKET ANALYSIS REPORT FORMAT. LATELY, EM HAS EXPLORED NEW TOPICS OF INTEREST TO OUR TRADITIONAL MARKETS (E.G., THE BUYERS' REPORT), EXPANDED OUR COVERAGE TO NEW FOCAL TOPICS (E.G., SUPPLY CHANGE, AND THE CONSERVATION INVESTMENT SURVEY), AND INCREASED OUR EXTERNAL ADVISING AND CONSULTING OPPORTUNITIES (E.G., GLOBAL ALLIANCE FOR CLEAN COOKSTOVES, FOREST STEWARDSHIP COUNCIL).EM BELIEVES THAT TRANSPARENCY IS A HALLMARK OF ROBUST MARKETS AND THAT BY PROVIDING FREELY-ACCESSIBLE INFORMATION, WE CAN FACILITATE TRANSACTIONS (THEREBY LOWERING TRANSACTION COSTS) AND ALSO CATALYZE NEW THINKING AND SPUR THE DEVELOPMENT OF NEW MARKETS AND THE INFRASTRUCTURE THAT SUPPORTS THEM. WITH EM'S HIGH QUALITY MARKET INTELLIGENCE, PROJECT DEVELOPERS CAN BETTER MANAGE AND SELL ECOSYSTEM SERVICES; BUYERS CAN BETTER UNDERSTAND THE MARKETS AND THEIR LEGITIMACY; POLICY MAKERS CAN LEARN FROM PAST POLICIES TO CREATE MORE ENABLING ENVIRONMENTS FOR MARKETS; AND ACADEMICS CAN BETTER UNDERSTAND THE REAL-WORLD CHALLENGES AND TRENDS OF PAYMENTS FOR ECOSYSTEM SERVICES. 676403 CATALYTIC CAMPAIGN: THE FOREST SERVICE ACCOMPLISHES WORK UNDER THE CHALLENGE COST-SHARE AUTHORITY (DEPARTMENT OF THE INTERIOR AND RELATED AGENCIES APPROPRIATIONS ACT OF 1992, PUBLIC LAW 102-154) FOR THE PURPOSE OF COOPERATIVELY DEVELOPING, PLANNING, AND IMPLEMENTING PROJECTS WITH OUR PARTNERS THAT ARE OF MUTUAL INTEREST AND BENEFIT AND ENHANCE FOREST SERVICE ACTIVITIES. AS STATED IN THE ORIGINAL AGREEMENT (22-CS-11132420), THE FOREST SERVICE SEEKS TO MODIFY ITS AGREEMENT WITH FOREST TRENDS TO EXPAND STRATEGIC COMMUNICATIONS RELATED TO THE WILDFIRE CRISIS STRATEGY, MUTUALLY SUPPORTING PARTNERS' EFFORTS TO BUILD ENABLING CONDITIONS THAT ACCELERATE THE IMPLEMENTATION OF PRIORITY ON-THE GROUNDWORK IN WCS LANDSCAPES. 1463595 9897055 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 27 0 1 25 1 0 1 PE 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL JENKINS 2022983000 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 X SALLY COLLINS SEE SCH O SECRETARY 0.50 0.00 X X 7200 0 0 HARRIS SHERMAN CO-CHAIR 0.50 0.00 X X 0 0 0 BETTINA VON HAGEN CO-CHAIR 0.50 0.00 X X 0 0 0 LINDA COADY TREASURER 0.50 0.00 X X 0 0 0 DAVID BRAND DIRECTOR 0.50 5.00 X 0 0 0 LYNDON HAVILAND DIRECTOR 0.50 0.00 X 0 0 0 MIGUEL SEREDIUK MILANO DIRECTOR 0.50 0.00 X 0 0 0 MANUEL PULGAR-VIDAL DIRECTOR 0.50 0.00 X 0 0 0 SERGEY TSYPLENKOV DIRECTOR 0.50 0.00 X 0 0 0 JOSEPH AZRACK DIRECTOR 0.50 0.00 X 0 0 0 WHITNEY DEBEVOISE DIRECTOR 0.50 0.00 X 0 0 0 YUEJIA PENG DIRECTOR 0.50 0.00 X 0 0 0 BOB FANCH DIRECTOR 0.50 0.00 X 0 0 0 JAMES SCHULTZ DIRECTOR 0.50 0.00 X 0 0 0 CAROLE SEGAL DIRECTOR 0.50 0.00 X 0 0 0 MICHAEL JENKINS PRESIDENT & CEO 35.00 5.00 X 373056 0 51975 OLY BRACHO CFO 38.80 1.20 X 271698 0 38551 KERSTIN CANBY DIRECTOR, FPTF 40.00 0.00 X 198791 0 28541 JOSE BORGES DIRECTOR, COMMUNITIES 40.00 0.00 X 190240 0 27314 GENA GAMMIE DIRECTOR, WATER INITIATIVE 39.60 0.40 X 184075 0 26112 GENEVIEVE BENNETT DIRECTOR, COMMUNICATIONS 37.60 2.40 X 183656 0 26060 LILIT BODAKOWSKI CONTROLLER 40.00 0.00 X 160693 0 11485 PHUC XHUAN DIRECTOR, PROGRAM MEKONG 40.00 0.00 X 221523 0 0 CHARLOTTE BARBER DIRECTOR, EM 40.00 0.00 X 138711 0 20016 ALEXANDER PROCTON PROGRAM, FPTF 40.00 0.00 X 128070 0 18258 DEVIKA JAIPURIAR MANAGER, GRANTS 38.00 2.00 X 105039 0 14978 ANNA SIVOHINS PROGRAM, FPTF 40.00 0.00 X 103135 0 14585 2265887 0 277875 13 0 1 0 CONDESAN AVE ANTONIO MIROQUESADA 425 OF 401 LIMA PE NATURAL INFRASTRUCT. FOR WATER SECURITY 789719 STARTLER NAGLE LLC 1100 VERMONT AVENUE NW SUITE 200 WASHINGTON DC 20005 USFS USDA CONSULTANT SERVICES 300000 GREEN DATA SBS QUADRO 02 BLOCO E N12 SALA BR COMMUNITIES 248000 DRIVE TALENT LLC 3608 WEST CORTLAND STREET CHICAGO IL 60647 HR & RECRUITING SERVICES 147300 JOOVIAJES AGENCIA DE VIAJES Y TURISMO AV LAS FLORES DE PRIMAVERA 1044 LIMA PE TRAVEL AGENCY 131824 8 7875452 3120498 17526 10995950 REGISTRATION FEES 900099 1801 1801 1801 84723 84723 17622 17526 96 96 96 MISCELLANEOUS 900099 9075 9075 9075 11091645 1801 0 93894 X 1389894 1389894 1706211 1194761 457628 53822 2551477 2034078 514581 2818 99302 77560 19838 1904 610969 474106 131574 5289 225949 171942 51104 2903 80113 67382 12668 63 113829 95740 17999 90 3650145 3117570 529656 2919 160025 81877 77971 177 405370 207502 197767 101 340014 173968 165665 381 435701 336695 92040 6966 321500 316317 5183 12469 6380 6075 14 19291 9870 9399 22 36933 18897 17995 41 VAT/IGV 128443 65718 62581 144 EQUIPMENT 60248 30826 29355 67 LICENSE & REGISTRATION 20186 10328 9835 23 PAYROLL PROCESSING FEES 18600 15644 2941 15 1000 1000 12387669 9897055 2412855 77759 368068 311799 3298994 2213648 4936003 4676838 36534 4634 18472 55260 340895 331250 28938 9645 2680959 2778872 11367968 10050696 835792 934980 137653 133697 3094467 2978484 4067912 4047161 X 665103 992788 6634953 5010747 7300056 6003535 11367968 10050696 -1296024 -497 0 X 0 1 X 1 1 1 X 11939138 17015788 9884351 12241112 10995950 62076339 11939138 17015788 9884351 12241112 10995950 62076339 3898560 58177779 46 18 14 41488 84723 126289 2175 2175 8525 6600 9075 28550 62231178 61801 0.93490 0.95790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 331395 321750 9645 9500 9500 0 9645 DEPOSITS 112850 RIGHT OF USE ASSET 2368727 DUE FROM KATOOMBA GROUP 297295 2778872 REFUNDABLE ADVANCES 122081 OPERATING LEASE LIABILITY 2856403 2978484 11243938 -497 56442 96348 152293 11091645 0 11091645 12827979 56442 383868 440310 12387669 0 12387669 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM KATOOMBA GROUP, INCLUDED IN THE CONSOLIDATED AUDIT REPORT BUT EXCLUDED FROM FTA FORM 990 REPORTING. 96,348. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM KATOOMBA GROUP, INCLUDED IN THE CONSOLIDATED AUDIT REPORT BUT EXCLUDED FROM FTA FORM 990 REPORTING. 383,868. 1 EAST ASIA AND THE PACIFIC 1 18 PROGRAM SERVICE ACTIVITIES ECOSYSTEM MARKETPLACE AND CARBON MARKETS 218478 SOUTH AMERICA 1 59 PROGRAM SERVICE ACTIVITIES COMMUNITIES AND TERRITORIAL GOVERNANCE; FOREST POLICY, TRADE, AND FINANCE; NATURAL INFRASTRUCTURE WATER SECURITY 4910234 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1389894 2 77 0 0 2 77 6518606 0 6518606 SOUTH AMERICA COMMUNITIES AND TERRITORIAL GOVERNANCE 202909 WIRE TRANSFER 0 SOUTH AMERICA COMMUNITIES AND TERRITORIAL GOVERNANCE 67357 WIRE TRANSFER 0 SOUTH AMERICA NATURAL INFRASTRUCTURE WATER SECURITY 861879 WIRE TRANSFER 0 SOUTH AMERICA NATURAL INFRASTRUCTURE WATER SECURITY 31735 WIRE TRANSFER 0 SOUTH AMERICA NATURAL INFRASTRUCTURE WATER SECURITY 226014 WIRE TRANSFER 0 5 0 1 0 0 0 0 0 PART I, LINE 2: FOREST TRENDS PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE OUTSIDE THE US: - MAINTAIN ACTIVE LINES OF COMMUNICATION WITH SUBRECIPIENTS; - ENSURE PERFORMANCE GOALS ARE ACHIEVED; - REVIEW TECHNICAL REPORTS; - REVIEW INVOICES TO ENSURE CHARGES ARE REASONABLY REFLECTIVE OF THE WORK PERFORMED; AND - APPROVE FINAL INVOICES IN A TIMELY MANNER PRIOR TO CLOSEOUT - ASSIST THE SUBRECIPIENT IN MAKING ANY REQUIRED ADJUSTMENTS TO THE ESTABLISHED BUDGET OR SUBCONTRACT, AS NEEDED - REQUEST ADDITIONAL DOCUMENTATION SUCH AS ORIGINAL RECEIPTS, COPIES OF PAYROLL RECORDS, AND AUDITS, AS NEEDED; - MAINTAIN DOCUMENTATION OF ALL MONITORING EFFORTS. ADDITIONAL MONITORING PROCEDURES WILL BE PERFORMED FOR SUBRECIPIENTS POSING A HIGHER RISK. THE FOLLOWING IS A LIST OF ADDITIONAL PROCEDURES THAT MAY BE PERFORMED IN SOME COMBINATION. (1) ON-SITE VISITS TO EVALUATE APPROPRIATENESS OF SUBRECIPIENT'S ADMINISTRATIVE SYSTEMS, PROCESSES, AND CHARGES. (2) AUDITS MAY BE CONDUCTED BY FOREST TRENDS AND/OR INDEPENDENT. (3) ADMINISTRATORS AT SUBRECIPIENT SITES MAY BE ASKED TO COMPLETE QUESTIONNAIRES DOCUMENTING THEIR INTERNAL CONTROLS AND GRANTS MANAGEMENT PROCEDURES. (4) SUBRECIPIENTS MAY BE ASKED TO PROVIDE PERIODIC FINANCIAL AND PERFORMANCE REPORTS FOR REVIEW. X X X 0 0 0 0 0 0 0 1 0 MICHAEL JENKINS PRESIDENT & CEO 348056 0 25000 0 0 0 26114 0 25861 0 425031 0 0 0 OLY BRACHO CFO 262878 0 8820 0 0 0 19019 0 19532 0 310249 0 0 0 KERSTIN CANBY DIRECTOR, FPTF 196850 0 1941 0 0 0 13915 0 14626 0 227332 0 0 0 PHUC XHUAN DIRECTOR, PROGRAM MEKONG 221523 0 0 0 0 0 0 0 0 0 221523 0 0 0 JOSE BORGES DIRECTOR, COMMUNITIES 188385 0 1855 0 0 0 13317 0 13997 0 217554 0 0 0 GENA GAMMIE DIRECTOR, WATER INITIATIVE 178020 0 6055 0 0 0 12885 0 13227 0 210187 0 0 0 GENEVIEVE BENNETT DIRECTOR, COMMUNICATIONS 177706 0 5950 0 0 0 12856 0 13204 0 209716 0 0 0 LILIT BODAKOWSKI CONTROLLER 160693 0 0 0 0 0 5571 0 5914 0 172178 0 0 0 CHARLOTTE BARBER DIRECTOR, EM 138711 0 0 0 0 0 9710 0 10306 0 158727 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BASED BONUS COMPENSATION IN 2024: MICHAEL JENKINS $25,000 OLY BRACHO $8,820 KERSTIN CANBY $1,941 JOSE BORGES $1,855 GENA GAMMIE $6,055 GENEVIEVE BENNETT $5,950 ALEXANDER PROCTON $3,000 DEVIKA JAIPURIAR $2,415 ANNA SIVOHINS $4,000 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE DRAFT 990 WAS REVIEWED AND APPROVED BY AUDIT COMMITTEE OF THE FOREST TRENDS BOARD, THEN DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING FOR REVIEW AND COMMENT. IF ANY CHANGES WERE MADE, A FINAL COPY OF THE 990 WAS RESENT TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE DIRECTOR OF ADMINISTRATION. IF A CONFLICT OF INTEREST ARISES, THE OFFICER OR DIRECTOR IS REQUIRED TO DISCLOSE THE CONFLICT OF INTEREST TO THE ENTIRE BOARD OF DIRECTORS. THEN HE OR SHE WOULD RECUSE HIMSELF OR HERSELF FROM DELIBERATION OR VOTING ON A MATTER RELATED TO THE CONFLICT OF INTEREST. AS WITH DIRECTORS AND OFFICERS, ALL EMPLOYEES CONFORM TO THE SAME CONFLICT OF INTEREST POLICY AND FILE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT & CEO'S SALARY IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD. THE COMPENSATION COMMITTEE UTILIZED EXECUTIVE COMPENSATION STUDIES PERFORMED BY INDEPENDENT CONSULTANTS DURING ITS REVIEW. THE PROCESS AND DECISION IS DOCUMENTED BY AN APPROVAL LETTER THAT IS KEPT IN THE PERSONNEL FILES. THE PRESIDENT & CEO DETERMINES THE SALARIES OF THE OTHER EMPLOYEES. THE MOST RECENT SALARY REVIEW TOOK PLACE IN NOVEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THESE DOCUMENTS ARE ALSO AVAILABLE ON CHARITYNAVIGATOR.ORG. ADDITIONALLY, AUDITED FINANCIAL STATEMENTS ARE LOCATED ON THE FOREST TRENDS WEBSITE, WWW.FOREST-TRENDS.ORG. FORM 990, PART VII, SECTION A: SALLY COLLINS' COMPENSATION IS RELATED TO SERVICES PROVIDING EXPERT ADVICE TO FOREST TRENDS IN DESIGNING & IMPLEMENTING PARTNERSHIP AGREEMENT ACTIVITIES, AND SERVING AS A HIGH-LEVEL LIAISON BETWEEN FOREST TRENDS AND THE USFS, PRIVATE SECTOR REPRESENTATIVES, AND OTHER STAKEHOLDERS. THE COMPENSATION IS UNRELATED TO HER ROLE ON THE BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 3,000,278. MANAGEMENT AND GENERAL EXPENSES 507,606. FUNDRAISING EXPENSES 2,809. TOTAL EXPENSES 3,510,693. TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 6,970. MANAGEMENT AND GENERAL EXPENSES 1,310. FUNDRAISING EXPENSES 7. TOTAL EXPENSES 8,287. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 110,322. MANAGEMENT AND GENERAL EXPENSES 20,740. FUNDRAISING EXPENSES 103. TOTAL EXPENSES 131,165. THE KATOOMBA GROUP 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 203738283 FACILITATE STRATEGIC PARTNERSHIPS TO LAUNCH GREEN FOREST PRODUCTS DC 501(C)(3) LINE 12A, I FTA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 THE KATOOMBA GROUP O 229160 TIME SPENT