SaltyCajun.com http://www.budnmarys.com//

Notices

Go Back   SaltyCajun.com > General Discussion Forums > General Discussion (Everything Else)

General Discussion (Everything Else) Discuss anything that doesn't belong in any other forums here.

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #8  
Old 04-22-2013, 02:44 PM
Matt G's Avatar
Matt G Matt G is offline
Ling
 
Join Date: Mar 2011
Location: Judice, LA
Posts: 3,083
Cash: 3,592
Default

Quote:
Originally Posted by bmac View Post
Do you have any proof to back up your statements? I'd like to verify this myself before I think badly of the organization.
wwp-audited-financial-statements-fy-2012.pdf

Here is the audited financials for 2012. It's all hidden in the Statement of Functional Expense on pages 6 and 7. They make it appear that 80% of expenses is for project services, but that is done by "fudging" the numbers. They can send out a newsletter that is mainly for fundraising purposes, but because of the newsletter it is allocated between project services and fundraising. Look close at the total column on page 7. There is $140,728,895 in expenses and roughly $103,440,520 accounted for is REALLY for fundraising and administrative costs. That is 73.5% , which means only 26.5% is being spent for the organizations true purpose. A far cry from the 82.8% they claim. Not very efficient in my book.
Reply With Quote
 

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 09:04 PM.



Powered by vBulletin®
Copyright ©2000 - [ARG:3 UNDEFINED], Jelsoft Enterprises Ltd.
vB.Sponsors
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
SaltyCajun.com logo provided by Bryce Risher

All content, images, designs, and logos are Copyright © 2009-2012,
Salty Cajun, LLC
No unathorized use is permitted
Geo Visitors Map