Thanks for the ping.
Those of you who know me on this board and in real life, know my absolute hatred of these phoney non profits.
For two+ decades they have been financing the Watermelon Enviralists and every other phoney non profit in America to weaken America and to destroy our side.
We need more senators. and in 2007, congress needs to pass laws which tells these non profits if they use their money to influence elections or politicians, they will lose their non profit status. The execs and the board members will be held responsible in criminal and civil courts for each and every violation.
Then their books must be opened up to see how many are funded by $oreA$$ and other elite limo libs who hate Amerrica, Americans, Republicans, Christians and anyone else who stands in the way of their agendas.
Legal fees, a line item in most N/P accounting reports, are well-used money laundering schemes that evade US taxes and use fraudulent accounting techniques to violate US banking and SEC laws.
N/P's use several tax dodges. Many nonprofits, and their donors profit through loopholes amid concerns that NPO's juggle the books. One notorious N/P was paying for the director's housing sub rosa.
We need to determine whether N/P's fraudulently filed false documents and whether they misled state and federal agencies.
We need to know whether they made accurate statements about income and outgo.
The IRS should determine whether corporate contributors to N/P's misused corporate reserve accounts, concealing losses, inflating asset values and improperly accounting for transactions, as well as deferring profits into reserve accounts, improperly shifting capital funding to other projects to hide illegal payments, and so on.
The IRS should determine whether N/P's are properly accounting for all its tax-exempt activities, whether they are inflating legal costs, and whether it is using income for the purposes stated.
We need to know whether N/P's engaged in Enron-style accounting and spending practices.
Any of these practices could jeopardize the financial interests of stockholders and would compel the SEC to step in.
Anyone with concerns about these issues should contact the SEC here: enforcement@SEC.goc