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To: PROCON; tbw2

Nope not that much for any of those items - but remember you already have the number which is their profit for each year - you need to look and see if that is gross profit or net profit after taxes (that should be net after tax, but I could be wrong). However, taxes are based, AIR, on total revenue less deductions like: overhead, utilities, rent, bldg. maintenance, advertising to solicit donations, legal fees to protect their trademark.

So as I calculate the $108 million is still unaccounted for in the paperwork you presented. Find an accountant either here or in the real world and ask him.


42 posted on 12/30/2015 3:47:16 PM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: PIF

See my post (above). Form 990 is for tax free organizations. Check out the link. (I promise that I’m not a “Click Bait” person.)


43 posted on 12/30/2015 3:55:59 PM PST by HippyLoggerBiker (Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake.)
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