2026-03-04T14:16:34-06:00 2025-06-30 251701013 MCCLINTOCK & ASSOCIATES 1370 WASHINGTON PIKE BRIDGEVILLE PA 15017 990 2024-07-01 590972013 COMPASS ROSE FOUNDATION INC COMP 9043285612 8813 WESTERN WAY JACKSONVILLE FL 32256 GREGORY JONES PRESIDENT & CEO 7275350298 2026-02-24 1 1 DAVID B MCCLINTOCK CPA P03090014 4122575980 2026-02-24 2024 2025-03-06 01:10:19Z GREGORY JONES 8813 WESTERN WAY JACKSONVILLE FL 32256 25119203 0 X HTTP://WWW.COMPASSROSEFOUNDATION.ORG/ X 1964 FL TO GOVERN, MANAGE, AND OVERSEE EDUCATIONAL INSTITUTIONS. 7 4 138 0 0 0 178505 294148 11488369 13998871 4029965 2681121 430764 281214 16127603 17255354 255893 93348 0 0 5774227 6853111 0 0 0 5759486 7207461 11789606 14153920 4337997 3101434 62887884 68159173 2644674 3857155 60243210 64302018 TO GOVERN, MANAGE AND OVERSEE EDUCATIONAL INSTITUTIONS. 0 0 11286611 93348 14250741 THE ORGANIZATION PROVIDES DIRECT GOVERANCE 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. ADDITIONALLY, THE ORGANIZATION HAS CONTINUED ITS DEVELOPMENT OF AN EDUCATION AND TRAINING CENTER WITH EMPHASIS ON AUTOMOTIVE, DIESEL, HEAVY EQUIPMENT AND COMMERICAL DRIVING TECHNOLOGIES FOR THE GREATER JACKSONVILLE 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. 11286611 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 138 1 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X GREGORY JONES 9043285612 8813 WESTERN WAY JACKSONVILLE FL 32256 DONALD C JONES VICE PRESIDENT & TRUSTEE 40.00 X X 246212 0 1572 GREGORY JONES PRESIDENT/ CEO & TRUSTEE 40.00 X X 314626 0 37270 SHARON B JONES TREASURER & TRUSTEE 40.00 X X 98934 0 1402 CHAD CALLEN TRUSTEE 10.00 X 0 0 0 MARK KING CHAIRMAN 10.00 X 0 0 0 STEVE BELCHER TRUSTEE 10.00 X 0 0 0 NANCY BRADLEY TRUSTEE 10.00 X 0 0 0 KELLY KING SECRETARY 40.00 X 81404 0 10413 TRACY JONES VICE PRESIDENT 40.00 X 104337 0 4073 AIMEE HAMMOND VP OF ADMINISTRATION 40.00 X 131370 0 0 JEFFREY HARRIS DIRECTOR OF ADMISSIONS 40.00 X 106654 0 0 ERIC DANNER HVAC PROGRAM MANAGER 40.00 X 101527 0 0 1185064 0 54730 6 0 1 0 0 294148 60970 294148 SCHOOL INCOME 611600 13998871 13998871 13998871 1234482 1234482 29344 29344 251870 0 251870 251870 251870 9273391 37097 7761001 102848 1512390 -65751 1446639 1446639 17255354 14250741 0 2710465 93348 93348 1416550 1416550 4549753 4549753 55184 34335 20849 354428 264349 90079 477196 358918 118278 400892 79827 321065 55500 55500 1957005 1951433 5572 2752 2752 13486 13118 368 763112 732588 30524 100087 41175 58912 74204 71236 2968 1088549 1045007 43542 257902 257902 BAD DEBTS 629540 606975 22565 MATERIALS AND SUPPLIES 627721 587820 39901 STUDENT EXPENSES 500258 467734 32524 COMMUNITY EVENTS (GRADU 323818 126707 197111 412635 262288 150347 14153920 11286611 2867309 0 X 3082674 3930788 1140872 1225511 6597 172107 328112 21072481 3427956 16890006 17644525 41581696 45016305 13932 13932 62887884 68159173 515630 812037 1143090 1487358 985954 1557760 2644674 3857155 X 60243210 64280770 21248 60243210 64302018 62887884 68159173 3101434 957374 0 X 0 1 X 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3640025 3640025 13276874 2078791 11198083 2920727 986065 1934662 1234855 363100 871755 17644525 18089818 957374 65751 1023125 17066693 188661 188661 17255354 14031010 65751 65751 13965259 188661 188661 14153920 PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 15,751. LOSS ON ESCROW DEPOSIT 50,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 15,751. LOSS ON ESCROW DEPOSIT 50,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICIES ARE STATED IN ALL NEWSPAPER ADS, BROADCAST MEDIA AND STUDENT BROCHURES. IT CAN ALSO BE FOUND IN THE INSTUTIONAL CATALOG (HTTP://WWW.JTECH.ORG). 1 NON-CASH SCHOLARSHIP (TUITIION REDUCTION / WAIVER) 63 93348 FMV THE ORGANIZATION, AT ITS DISCRETION, REDUCES CHARGES TO ITS STUDENTS IN THE FORM OF A NON-CASH SCHOLARHIP. PART I, LINE 2: BECAUSE THE ORGANIZATION IS REDUCING TUITION CHARGES AND NOT PROVIDING CASH SCHOLARSHIPS DIRECTLY TO RECIPIENTS, IT HAS DIRECT CONTROL AND MONITORING OVER THE PROPER USE OF ITS NON-CASH SCHOLARSHIPS. IT IS AT THE DISCRETION OF THE ORGANIZATION TO AWARD, INCREASE / REDUCE, AND/OR TERMINATE THESE TUITION WAIVERS / REDUCTIONS. X X X X X 0 0 0 0 0 0 0 0 0 GREGORY JONES PRESIDENT/ CEO & TRUSTEE 314626 0 0 0 0 0 7023 0 30247 0 351896 0 0 0 DONALD C JONES VICE PRESIDENT & TRUSTEE 246212 0 0 0 0 0 0 0 1572 0 247784 0 0 0 PART I, LINE 3 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. X 3 60970 DEALERSHIP OPINION 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DONALD & SHARON JONES - HUSBAND/WIFE - VICE PRESIDENT/TREASURER DONALD JONES & GREGORY JONES - FATHER/SON - VICE PRESIDENT/PRESIDENT SHARON JONES & GREGORY JONES - MOTHER/SON - TREASURER / PRESIDENT GREG & TRACY JONES - HUSBAND/WIFE - PRESIDENT/VICE PRESIDENT FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES: 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 ORGANIZTION AND WHO RECEIVED REMUNERATION FROM THE ORGANIZATION, INCLUDING, AMONG OTHERS, THE ORGANIZATIN'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. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.ORG, UPON REQUEST, OR AS OTHERWISE REQUIRED BY FEDERAL AND FLORIDA STATUTE. FORM 990, PART X, LINE 10A, 10B AND 10C SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION UNDER REGULATION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION TO ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR.