Posted on 08/15/2006 12:58:22 AM PDT by Anti-Bubba182
A Texas firm that manages hundreds of thousands of dollars in donations to the Minuteman Civil Defense Corps says it has not been authorized to divulge a detailed accounting of the funds, despite assurances by the MCDC's top official that it would do so.
Maureen E. Otis -- president of American Caging Inc. in Stafford, Texas, an agency hired to collect, deposit and disburse donations to the civilian border-patrol group -- told The Washington Times that neither MCDC President Chris Simcox nor the group's board of directors had given her permission to "disclose any numbers."
Mr. Simcox, who has been criticized by current and former MCDC members for a lack of leadership and financial accountability, had referred The Times to Mrs. Otis, saying she could "tell you everything" to clear up the concerns.
Instead, Mrs. Otis issued a statement saying only that all Minuteman donations have been "securely collected, counted and deposited" in MCDC bank accounts.
Telephone calls to Mr. Simcox in Phoenix, where he reportedly is on paternity leave, were routed to Minuteman spokeswoman Connie Hair in Virginia, who said the organization was not going to release "any unaudited numbers." She said that an audit will be completed in November and that any release of figures prior to that "is just not going to happen......."
(Excerpt) Read more at washingtontimes.com ...
Hmmmmmmmmmmmmmm....seems to be a pattern here. ;^)
I only read stuff of theirs when it's posted here on FR. I refuse to financially support scumbags such as your boy Sun Myung Moon.
So you're not hoping for everything to be resolved and for Simcox to be found clean. You want to see him go down. At least you're honest and not parroting this fake concern crap that a lot of your buddies are.
The Minuteman Civil Defense Corps Form 990, Informational Return for Not for Profit Organizations, for calendar year 2005 has been completed and submitted to the IRS.
Link to 990: http://www.minutemanhq.com/~video/2005_990.pdf
Given the egregiously false or erroneous reporting—as well as some outright malicious lies about the status of MCDC finances that this organization has endured—the Board has decided that this year and this year only MCDC will emulate publicly-traded company standards and release MCDC’s first year audited financial statements, in addition to the normal 990 documentation.
Link to independent audit:
http://www.minutemanhq.com/~video/MCDC_2005_FS.pdf
We note that we are releasing our organizational IRS Form 990 and the additional audited financial statements on deadline, as promised, when promised. The independent auditors’ report from Salmon Beach and Associates is a clean finding, and attached to the audited financial statements.
Our total income was $418,493.00.
$112,500.00 of income was in unrestricted grants from Declaration Alliance.
Our Total Expenditures were $449,667.00
Our Program Services were $280,920.00 which was 62.47% of our total expenditures.
Our Management and General Expenses were $23,348.00 which was 5.19% of our total expenditures.
Our Fundraising Expenses were $145,399.00 which was 32.34% of our total expenditures.
All these expenses paid were for both goods and services—including product hard costs, consulting fees, and expenditures for professional materials and services rendered.
Summary
The overall financial activity for the Minuteman Civil Defense Corps for calendar year 2005 was judged by independent auditors to be absolutely clean with no derogatory findings.
62.47% to programs
5.19% to management/administration
32.34% to fundraising
The percentage allocations of expenditures to delivery of programs and services on monies donated are much better than most first-year startup national organizations. The expenditures breakdown on the 2005 calendar year IRS Form 990 on page 13 are itemized into categories, which are summed up as follows:
BANK CHARGES: Self explanatory
CAGING FEES: Amount charged for processing contributions
CREDIT CARD FEES: Fees charged for processing credit card contributions
DONATION EXPENSES: Expenditure to another non-profit for services assisting with background checks
EDUCATION EXPENSES: Production of educational materials/pamphlets
FIELD SUPPLIES: Supplies required for field operations other than equipment.
FUEL EXPENSE: Reimbursement for fuel costs such as generator fuel for border operations
FUNDRAISING EXPENSES: Hard costs for fundraising event expenditures.
GARBAGE REMOVAL: Expense incurred in trash removal from the border.
HALL RENTAL: Rental for field headquarters during border operations.
LIST RENTAL EXPENSES: Payment for list rental to other organizations for education, mobilization and fundraising purposes
LODGING: Lodging reimbursement for field operations
MEALS: Meals reimbursement for field operations
OFFICE EXPENSES: Overhead for Arizona headquarters
OPERATIONAL EXPENSES: Border field operational expenses
PROGRAM & MANAGEMENT EXPENSES: Education, training, mobilization and fundraising programs, services and management for border operations which includes expenseable field equipment
PROGRAM SERVICES: Miscellaneous field expenses not falling under other categories
TELEMARKETING: Fundraising
UTILITIES: Power expenses at field office for border operations
VOLUNTEER BACKGROUND CHECK: Monies spent on background checks for those volunteers who did not have a valid concealed carry permit which would necessitate a background check for issues such as violent felony convictions.
FORM 990, PART IV, LINE 57
LAND BUILDINGS AND EQUIPMENT:
Machinery and capital equipment for border operations
Hmmmm...seems that Simcox's critics owe him an apology. Wonder when we'll see such in the Washington Times?
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When will the Times be apologizing, PDR?
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