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To: Interesting Times
There's so much wrong here, that I don't know where to begin. But let's start with this assertion, " We're a California 501(c)4 (non-profit, political) corporation."

Non-profit corporations are obligated to be transparent. For starters that means your officers can't hide behind screen names. Did you know that?

For example, if I ask you for the name and address of your President, secretary, and chief financial officer you are obligated to tell me. Otherwise you are operating outside of the parameters set for your organization by the law under which FRN is incorporated (501C4). The names and addresses of these people are required to be public.

And that's just starters. If someone, that is ANYONE, should ask to see your tax returns for the last three years could and would you produce them?

If your answers are "no" and "no," then you should seriously think about starting this whole enterprise over from scratch.
52 posted on 11/02/2002 9:09:10 AM PST by navigator
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To: navigator
Non-profit corporations are obligated to be transparent. For starters that means your officers can't hide behind screen names. Did you know that?

Yes, of course.

For example, if I ask you for the name and address of your President, secretary, and chief financial officer you are obligated to tell me. Otherwise you are operating outside of the parameters set for your organization by the law under which FRN is incorporated (501C4). The names and addresses of these people are required to be public.

You're confusing two different things. 501(c)4 is an IRS-granted tax status, not "the law under which FRN is incorporated."

We'll be listing the names of Network directors on the FRN web site shortly. There is no requirement to provide individual addresses.

And that's just starters. If someone, that is ANYONE, should ask to see your tax returns for the last three years could and would you produce them?

Non-profits that have more than $25,000 in gross revenues are required to make public their IRS Form 990s. The Free Republic Institute had neither non-profit status nor revenues in 1999 and 2000, so no public documentation is required for those years. The Free Republic Network did file a Form 990 for 2001, though we were not required to do so, and we will be placing a copy of that document on the FRN web site in the near future.

If your answers are "no" and "no," then you should seriously think about starting this whole enterprise over from scratch.

Your opinion is noted.

53 posted on 11/02/2002 4:33:30 PM PST by Interesting Times
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