2012-11-13T07:56:23-06:00 2012-06-30 HUGHES SNELL & CO PA 1470 ROYAL PALM SQUARE BLVD FORT MYERS FL 339191049 990 2011-07-01 590972013 COMPASS ROSE FOUNDATION INC COMP 7275350298 7855 126 AVE NORTH LARGO FL 33773 GREGORY JONES 7275350298 2012-11-09 true PATTI R HARDIN 2399392233 2012-11-13 2011 2016-02-24 21:20:13Z GREGORY JONES 7855 126 AVE NORTH LARGO FL 33773 9063238 false X WWW.COMPASSROSEFOUNDATION.ORG X 1964 FL TO GOVERN, MANAGE AND OVERSEE EDUCATIONAL INSTITUTIONS. 9 6 5 0 0 0 1153341 1002322 823175 794984 1976516 1797306 0 0 875714 810784 0 0 562455 491054 1438169 1301838 538347 495468 45371759 45898397 86837 85067 45284922 45813330 TO GOVERN, MANAGE AND OVERSEE EDUCATIONAL INSTITUTIONS. false false 114981 794984 THE ORGANIZATION PROVIDES DIRECT GOVERNANCE OF EDUCATION INSTITUTIONS, THE FOUNDING AND DEVELOPMENT OF THEM, OR IN SUPPORTING THE DEVELOPMENT OF TRAINING AND EDUCATIONAL PROGRAMS DESIGNED TO PREPARE STUDENTS FOR SPECIFIC OR PARAPROFESSIONAL CAREERS. DURING THE 2010-2011 FISCAL YEAR, THE ORGANIZATION BEGAN OVERSEEING "AMERICAN CENTRAL HIGH SCHOOL", A COMMUNITY DEVELOPMENT INITATIVE DESIGNED TO PROVIDE REGIONALLY ACCREDITED HIGH- QUALITY, SUPPORTIVE HIGH SCHOOL COMPLETION PROGRAMS AND CAREER-BASED ONLINE EDUCATION TO STUDENTS SEEKING AN ALTERNATIVE LEARNING ENVIRONMENT. ADDITIONALLY,THE ORGANIZATION HAS BEEN WORKING WITH THE WOUNDED WARRIOR PROJECT (WWP)AND OTHER RELATED INITATIVES IN SUPPORT OF EDUCATION FOR PROGRAMS FOR THOSE WITH PHYSICAL AND DEVELOPMENTAL DISABILITIES. 114981 true false false false false false false false false false true true false false true false false false true false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 7 0 true 5 true false false false false false false false false false false X 9 6 true false false false false false false true true false false true true true true true true true true false X X BRADLEY JONES 7275350298 7855 126TH AVE N LARGO FL 33773 DONALD C JONES 40.00 X X 272713 0 0 GREGORY JONES 40.00 X X 242998 0 2300 SHARON B JONES 40.00 X X 165774 0 0 DOUG DEVAUX 10.00 X 18000 0 0 JOHN HUSTON 10.00 X 10479 0 0 MARK KING 10.00 X 2600 0 0 DEAN JOHNSTON 10.00 X 1800 0 0 SIGRID EDWARDS 10.00 X 800 0 0 STEVE BELCHER 10.00 X 800 0 0 BRADLEY C JONES 40.00 X 75000 0 0 790964 2300 3 false true false 1101476 1101476 1066106 271122 794984 794984 794984 6895656 6994810 -99154 -99154 -99154 1797306 794984 1002322 751152 751152 16859 16859 42773 42773 23391 21043 2348 24325 24325 48786 8800 39986 137342 137342 73015 73015 30611 17172 13439 11662 799 10863 266 266 22525 22525 27733 27733 STUDENT RCTR INTERNET 53403 48374 5029 AUTO EXPENSE 15620 7004 8616 CHARITABLE CONTRIBUTIONS 8500 8500 MEALS & ENTERTAINMENT 6072 2764 3308 7803 525 7278 1301838 114981 1186857 0 3111814 2301919 19055 240293 11446095 2121455 9508612 9324640 20693002 21414030 12039276 12617515 45371759 45898397 5577 6124 2317 78943 78943 86837 85067 X 45284922 45813330 45284922 45813330 45371759 45898397 X 495468 32940 X false false false X false false false false false false false false false false 3118557 3118557 3116813 900806 2216007 5046063 1096605 3949458 164662 124044 40618 9324640 PREFERRED STOCK SFC 8177652 C INVESTMENT IN SUBSIDIARY 3939863 C ACHS INITIATIVE INVESTMENT 500000 C 12617515 RENTAL DEPOSITS 78943 78943 1797306 1301838 495468 495468 1797306 1797306 1797306 1301838 1301838 1301838 true true true true true true true false false false false false false false false false false true X X X X X false false false false false false false false false DONALD C JONES 272713 272713 GREGORY JONES 242998 2300 245298 SHARON B JONES 165774 165774 RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 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 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B 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. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C 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. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A 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. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B 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. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 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. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 THE NET INCREASE IN NET ASSETS PER BOOK TOTALING 32,940 IS A DIRECT RESULT OF UNREALIZED LOSSES ON SECURITIES HELD AS WELL AS NET INCOME FROM THE ORGANIZATION'S INVESTMENT IN IT'S SUBSIDIARY. SUNSTATE COLLEGE INC 2040 COLONIAL BLVD FORT MYERS FL 33907 592390702 SCHOOL FL N/A false false false false false false false false false false false false false false false false false false