How many Indian and other non profits has
this person been involved with? lets see there is the
ALABAMA INDIAN EDUCATION ASSOCIATION,
INTERNATIONAL AMERICAN EDUCATION INC,
ECHOTA
CHEROKEE TRIBE OF ALABAMA.
ID #
63-1142216
All registered in Alabama.
what an aspiring business arrangement! One
can collect and "Manage" up to
25,000 per non profit per year without reporting to
the IRS or any one else apparently.
If you are running two non profits that's
50,000 per year that you don't have to report. Three would make it 75,000.
Un-taxable, Unaccounted for income.
Apparently the rest of us are in the wrong
business! We should all start up non profits to help educate poor Mr./Mrs.
Indian and bilk the Taxpayers, Government, Businesses, and the Gullible who
make donations to such things.
If there are Gross Misappropriations of funds
going on, it makes all the legitimate non profits look bad. The Government
needs to regulate these things more closely and
RECORDS
should be
VIEWED
quarterly or at least twice a year to help keep these thing honest.
The so
called "boards" need to be held accountable for these funds Unfortunately,
cash donations seldom leave a trail and when the
"chair person"
refuses to
keep or allow viewing of the books,
it is even harder to follow, more like
impossible, of
course that's the whole idea
isn't it?
So let us re - look at this a bit, Non
Profits don't have to report anything under 25,000. that is if you keep any records at all of what
was taken in! Can you imagine the potential? IE: cash leaves no trail ~ Do you
think that some "chair person"
already has?
Click on the links to see more.
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