2026-06-05T13:21:04-05:00 2025-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE 800N BETHESDA MD 208142930 990 2025-01-01 522135531 FOREST TRENDS ASSOCIATION FORE 2022983000 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 MICHAEL JENKINS PRESIDENT & CEO 2022983000 2026-06-05 1 RICHARD J LOCASTRO CPA P00288314 3019519090 2025 2025-03-06 01:10:19Z MICHAEL JENKINS 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 6043460 0 X WWW.FOREST-TRENDS.ORG X 1998 DE TO DRIVE INNOVATION IN ENVIRONMENTAL FINANCE TO SUSTAIN RESILIENT ECOSYSTEMS & COMMUNITIES. 13 13 20 16 0 0 10995950 5968734 1801 0 84819 44424 9075 6371 11091645 6019529 1389894 676687 0 0 5193908 3994849 0 0 72634 5803867 3913679 12387669 8585215 -1296024 -2565686 10050696 6937507 4047161 3499597 6003535 3437910 X FOREST TRENDS WORKS TO DRIVE INNOVATION IN ENVIRONMENTAL FINANCE TO SUPPORT RESILIENT ECOSYSTEMS AND COMMUNITIES. THROUGH ITS CORE INITIATIVES-INCLUDING FOREST POLICY, TRADE & FINANCE, WATER, AND COMMUNITIES-FOREST TRENDS DEVELOPS DATA, (CONTINUED ON SCHEDULE O)TOOLS, AND PARTNERSHIPS THAT PROMOTE SUSTAINABLE RESOURCE MANAGEMENT, STRENGTHEN LOCAL AND INDIGENOUS LAND RIGHTS, AND SUPPORT MARKET-BASED SOLUTIONS TO ENVIRONMENTAL CHALLENGES. THESE PROGRAMS COLLECTIVELY ADVANCE POLICY DEVELOPMENT, IMPROVE TRANSPARENCY IN SUPPLY CHAINS, AND EXPAND FINANCING MECHANISMS FOR CONSERVATION AND SUSTAINABLE LIVELIHOODS. 0 0 2283806 FOREST POLICY, TRADE & FINANCE INITIATIVE: 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. 1781439 145404 WATER INITIATIVE: 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.GLOBAL WATER IN 2018, USAID AND THE GOVERNMENT OF CANADA MADE A MAJOR $28 MILLION COMMITMENT (IN 2013 THIS COMMITMENT WAS INCREASED TO $52,181,653 TO THE NATURAL INFRASTRUCTURE FOR WATER SECURITY PROJECT IN PERU, LED BY FOREST TRENDS AND PARTNERS. FOREST TRENDS ALSO CREATED THE FIRST-EVER COMPREHENSIVE ONLINE COURSE ON NATURAL INFRASTRUCTURE FOR THE WATER SECTOR IN COLLABORATION WITH THE ASSOCIATION OF LATIN AMERICAN WATER UTILITY REGULATORS (ADERASA) AND FINANCING EXPERTS AT ECODECISIN. TO DATE, FOREST TRENDS HAS TRAINED 126 ENGINEERS AND WATER SERVICE PROVIDERS (70 MEN AND 56 WOMEN) IN 13 COUNTRIES IN DESIGNING AND EVALUATING NATURE-BASED INTERVENTIONS. THE COURSE IS IN ITS THIRD - PERENNIALLY OVERSUBSCRIBED - ITERATION. FTA RECEIVED A TERMINATION LETTER OF THESE PROGRAMS AS OF JANUARY 2025. 1356235 233987 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. 729522 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. 541477 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. 297296 297296 KATOOMBA: THE KATOOMBA GROUP, HOSTED BY FOREST TRENDS, IS A GLOBAL NETWORK OF PEOPLE WORKING TO MOBILIZE PUBLIC FUNDING AND PRIVATE CAPITAL TO CONSERVE AND RESTORE NATURE IN WAYS THAT ALSO EMPOWER INDIGENOUS AND LOCAL COMMUNITIES. 1568295 297296 6989775 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 16 0 1 20 1 0 1 PE 0 0 0 0 0 0 0 0 0 0 X 13 13 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 HARRIS SHERMAN CO-CHAIR THEN CHAIR (TRANSITION 8/2025) 0.50 0.00 X X 0 0 0 BETTINA VON HAGEN CO-CHAIR THEN TREASURER (TRANSITION 8/2025) 0.50 0.00 X X 0 0 0 SALLY COLLINS SECRETARY 0.50 0.00 X 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 BOB FANCH DIRECTOR 0.50 0.00 X 0 0 0 LYNDON HAVILAND DIRECTOR 0.50 0.00 X 0 0 0 YUEJIA PENG DIRECTOR 0.50 0.00 X 0 0 0 CAROLE SEGAL 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 JAMES SCHULTZ DIRECTOR 0.50 0.00 X 0 0 0 SERGEY TSYPLENKOV DIRECTOR 0.50 0.00 X 0 0 0 MICHAEL JENKINS PRESIDENT & CEO 40.00 0.00 X 286520 0 41344 OLY BRACHO CFO 40.00 0.00 X 262816 0 37924 LINDA COADY TREASURER THEN CONSULTANT (TRANSITION 8/2025) 0.50 0.00 X 68062 0 0 JOSE BORGES DIRECTOR, COMMUNITIES 40.00 0.00 X 189327 0 27320 KERSTIN CANBY DIRECTOR, FPTF 40.00 0.00 X 180983 0 26116 GENA GAMMIE DIRECTOR, WATER INITIATIVE 40.00 0.00 X 178420 0 25746 GENEVIEVE BENNETT DIRECTOR, COMMUNICATIONS 40.00 0.00 X 172636 0 24912 LILIT BODAKOWSKI CONTROLLER 40.00 0.00 X 159435 0 11485 PHUC XUAN DIRECTOR, PROGRAM MEKONG 40.00 0.00 X 250839 0 0 JASMINE GARCIA DIRECTOR, HR AND OPERATIONS 40.00 0.00 X 173179 0 24990 DEVIKA JAIPURIAR MANAGER, GRANTS 40.00 0.00 X 103218 0 14894 2025435 0 234731 10 0 1 0 GREEN DATA SBS QUADRO 02 BLOCO E N12 SALA BR COMMUNITIES 246790 STATLER NAGLE 1100 VERMONT AVENUE NW SUITE 200 WASHINGTON DC 20005 USFS USDA CONSULTANT SERVICES 192118 NATURAL CAPITAL ADVISORS LLC 400 MADISON AVE RM 4B NEW YORK NY 10065 FOREST, POLICY, TRADE, & FINANCE 188942 CONDESAN AVE ANTONIO MIROQUESADA 425 OF 401 LIMA PE NATURAL INFRASTRUCT. FOR WATER SECURITY 183827 INCLUSIVE DEVELOPMENT CONSULTANCY DUARSON VILLAGE MARGIBI COUNTY LI PROGRAM CONSULTANT SERVICES 109500 6 2836098 3132636 23931 5968734 44594 44594 23761 23931 -170 -170 -170 MISCELLANEOUS 900099 6371 6371 6371 6019529 0 0 50795 X 297296 297296 379391 379391 1693046 1383946 262631 46469 1584542 1391316 190426 2800 73166 56690 14284 2192 456906 384700 67125 5081 187189 158134 26275 2780 41857 35673 6184 138957 118427 20530 2508374 2140719 367655 3005 2015 970 20 345278 206177 139101 312321 76973 234568 780 280688 215033 53562 12093 85604 77305 8299 59239 14600 44491 148 9646 2377 7245 24 54645 13468 41041 136 PAYROLL PROCESSING FEES 28891 24623 4268 VAT/IGV 27964 6892 21002 70 EQUIPMENT 11527 2841 8657 29 LICENSE & REGISTRATION 4783 1179 3592 12 900 900 8585215 6989775 1522806 72634 311799 269224 2213648 2962951 4676838 1581206 4634 125630 55260 45758 340895 340895 9645 0 2778872 1952738 10050696 6937507 934980 839933 133697 129631 2978484 2530033 4047161 3499597 X 992788 1530486 5010747 1907424 6003535 3437910 10050696 6937507 -2565686 61 0 X 0 1 X 1 1 1 X 17015788 9884351 12241112 10995950 5968734 56105935 17015788 9884351 12241112 10995950 5968734 56105935 5331137 50774798 18 14 41488 84723 44594 170837 2175 8525 6600 9075 6371 32746 56309518 61801 0.90170 0.93490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 331395 331395 0 9500 9500 0 0 DEPOSITS 46961 RIGHT OF USE ASSET 1905777 1952738 REFUNDABLE ADVANCES 80955 OPERATING LEASE LIABILITY 2449078 2530033 6259661 60 240072 240132 6019529 0 6019529 8532964 240072 4973 245045 8287919 297296 297296 8585215 PART XII, LINE 2D - OTHER ADJUSTMENTS: KATROOMBA GROUP EXPENSES, INCLUDED IN THE CONSOLIDATED 4,973. AUDIT REPORT AND EXCLUDED FROM FTA FORM 990 REPORTING. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS TO KATOOMBA GROUP, ELIMINATED IN THE 297,296. CONSOLIDATED AUDIT REPORT AND SHOWN AS AN EXPENSE ON FORM 990, PART IX, LINE 1. 1 EAST ASIA AND THE PACIFIC 1 15 PROGRAM SERVICE ACTIVITIES ECOSYSTEM MARKETPLACE AND CARBON MARKETS 1534113 SOUTH AMERICA 1 36 PROGRAM SERVICE ACTIVITIES COMMUNITIES AND TERRITORIAL GOVERNANCE; FOREST POLICY, TRADE, AND FINANCE; NATURAL INFRASTRUCTURE WATER SECURITY 4172769 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 379391 2 51 0 0 2 51 6086273 0 6086273 SOUTH AMERICA COMMUNITIES AND TERRITORIAL GOVERNANCE 233987 WIRE TRANSFER 0 SOUTH AMERICA NATURAL INFRASTRUCTURE WATER SECURITY 145404 WIRE TRANSFER 0 2 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. 1 THE KATOOMBA GROUP INC 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 203738283 501(C)(3) 297296 0 FORGIVENESS OF INTERCOMPANY BALANCE 1 0 PART I, LINE 2: THE KATOOMBA GROUP IS A SUPPORTING ORGANIZATION TO FOREST TRENDS ASSOCIATION WITH SHARED MANAGEMENT. X X X 0 0 0 0 0 0 0 0 0 MICHAEL JENKINS PRESIDENT & CEO 286520 0 0 0 0 0 20056 0 21288 0 327864 0 0 0 OLY BRACHO CFO 262816 0 0 0 0 0 18397 0 19527 0 300740 0 0 0 PHUC XUAN DIRECTOR, PROGRAM MEKONG 250839 0 0 0 0 0 0 0 0 0 250839 0 0 0 JOSE BORGES DIRECTOR, COMMUNITIES 189327 0 0 0 0 0 13253 0 14067 0 216647 0 0 0 KERSTIN CANBY DIRECTOR, FPTF 180983 0 0 0 0 0 12669 0 13447 0 207099 0 0 0 GENA GAMMIE DIRECTOR, WATER INITIATIVE 178420 0 0 0 0 0 12489 0 13257 0 204166 0 0 0 JASMINE GARCIA DIRECTOR, HR AND OPERATIONS 173179 0 0 0 0 0 12123 0 12867 0 198169 0 0 0 GENEVIEVE BENNETT DIRECTOR, COMMUNICATIONS 172636 0 0 0 0 0 12085 0 12827 0 197548 0 0 0 LILIT BODAKOWSKI CONTROLLER 159435 0 0 0 0 0 5571 0 5914 0 170920 0 0 0 FORM 990, PART I, LINE 8: TOTAL REVENUE DECREASED IN 2025 PRIMARILY DUE TO THE TERMINATION OR COMPLETION OF CERTAIN MAJOR AWARDS, INCLUDING USAID AND U.S. STATE DEPARTMENT FUNDED PROGRAMS, WHICH REDUCED FUNDING IN 2025. THESE CHANGES WERE ASSOCIATED WITH BROADER SHIFTS IN FUNDING PRIORITIES. 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 JANUARY 2025. 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: LINDA COADY'S COMPENSATION IS RELATED TO SERVICES PROVIDING MANAGEMENT CONSULTING SERVICES RELATED TO FUNDING, SUCCESSION PLANNING, LEADERSHIP, AND PROGRAMS. THE COMPENSATION IS UNRELATED TO HER ROLE ON THE BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 2,111,353. MANAGEMENT AND GENERAL EXPENSES 362,564. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,473,917. TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 7,274. MANAGEMENT AND GENERAL EXPENSES 1,261. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,535. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 22,092. MANAGEMENT AND GENERAL EXPENSES 3,830. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,922. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE KATOOMBA GROUP B 297296 FMV