Border group's finances a secret (Simcox-Minuteman)

The Washington Times ^ | 8-15-2006 | Jerry Seper

[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......."

[EternalVigilance]

ping to #184

[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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[EternalVigilance]

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.

[MikefromOhio]

So what happens to the millions of dollars Simcox was bragging about?

Either he's a liar or......

LMAO

[EternalVigilance]

The independent audit speaks pretty loudly for itself.

Anyone who reads this thread, along with the Times article that leads it off, can see that you folks look pretty dumb.

[Petronski]

First,

WHERE'S THE FENCE?

Second,

Our Fundraising Expenses were $145,399.00 which was 32.34% of our total expenditures.



LOLOL

[EternalVigilance]

You think 32% for fundraising for a first year national organization is high? LOL...

[Petronski]

For one thing, Edie, I'd like to see a breakdown. "Fundraising" can have many reasons.

[EternalVigilance]

Go look at the links that are in the article, then. Looks like they released more data than they were required to do.

[Petronski]

Also, what part of your flippant reply tells me WHERE IS THE FENCE?

[EternalVigilance]

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

[Petronski]

Go to the link?

I suspect "fundraising" is a huge loophole. Every time Simcox ate at the friggin' Olive Garden on the road, it was in support of "fundraising."

Or am I wrong?