| FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: |
THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. |
| FORM 990, PART VI, SECTION A, LINE 2 |
LORIN SILVERMAN AND MARK COHEN HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B |
FJC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. EACH BOARD MEMBER IS INSTRUCTED TO CONFIRM THEY HAVE RECEIVED A COPY OF THE FORM 990 AND ARE ASKED TO REVIEW THE RETURN WITHIN A SPECIFIC WINDOW OF TIME (GENERALLY 72 HOURS TO RESPOND BACK WITH ANY QUESTIONS). ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
FJC MONITORS EACH DIRECTOR AND OFFICER'S CONFLICTS OF INTEREST ON AN ANNUAL BASIS. BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ANNUALLY. NO CONFLICT TRANSACTION MAY BE ENTERED INTO BY THE ORGANIZATION UNLESS THE AUDIT COMMITTEE DETERMINES THAT THE CONFLICT TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE ORGANIZATION. ALL AUDIT COMMITTEE DETERMINATIONS REGARDING CONFLICT TRANSACTIONS, INCLUDING ALL QUESTIONS AS TO WHETHER A RELATED PARTY HAS A FINANCIAL INTEREST OR SUBSTANTIAL FINANCIAL INTEREST IN A CONFLICT TRANSACTION, WILL BE RESOLVED BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS PRESENT AT THE MEETING. TO ENSURE THE OBJECTIVITY AND INDEPENDENCE OF THE DECISION-MAKING PROCESS, THE DIRECTOR, OFFICER OR KEY PERSON WHO IS INVOLVED IN THE CONFLICT TRANSACTION WILL NOT BE PRESENT FOR OR PARTICIPATE IN THE DELIBERATION OR VOTE ON THE CONFLICT TRANSACTION, BUT MAY BE COUNTED FOR QUORUM PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15A |
CEO COMPENSATION: THE COMPENSATION OF FJC'S CEO IS DETERMINED BY FJC'S BOARD OF DIRECTORS. THE BOARD CONSIDERS COMPARABLE COMPENSATION FOR SIMILAR POSITIONS THROUGHOUT THE INDUSTRY. ALL OTHER STAFF: THE REMAINING STAFF OF FJC'S COMPENSATION IS DETERMINED BY THE CEO. ANNUALLY, AHEAD OF THE START OF THE NEXT FISCAL-YEAR, THE CEO WILL PRESENT TO THE COMPENSATION COMMITTEE TOTAL AMOUNT OF PAY INCREASE FOR ALL STAFF BROKEN OUT INTO THREE GROUPS: COST OF LIVING INCREASE, EQUITY INCREASE AND PERFORMANCE INCREASE. THE COMMITTEE WILL APPROVE THE INCREASE AMOUNT IN THE AGGREGATE, AND IT IS AT THE DISCRETION OF THE CEO TO HOW THE TOTAL AMOUNT IS ALLOCATED AMONG THE STAFF. THE BOARD LAST APPROVED CEO COMPENSATION AND STAFF INCREASES IN THE AGGREGATE IN JANUARY 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE AUDITED FINANCIALS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XI, LINE 9: |
CHANGE IN VALUE OF BENEFICIAL INTEREST IN THIRD-PARTY TRUSTS -134,413. |
| FORM 990, PART XII, LINE 2C: |
THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Attach to Form 990 or 990-EZ.