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To: A_dutiful_daughter
...if some of the people do want more info, like my Mom, why can't it be provided?

Because this is not a publicly traded company and as a LLC does not have to disclose the items you suggested. If you still have concerns about how your mom is spending her money then you should become her guardian and take over her finances. If I thought that my parents were "throwing money down a hole" that's what I would do.

If you go to any of the non-profit organizations and ask the questions that you asked you would see only their form 990. If you asked the owner of a small privately held company they would laugh you right out of the building.

BTW. Good for you for looking out for your mother.

2,835 posted on 12/02/2001 7:35:35 AM PST by ReaganGirl
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To: ReaganGirl
whoops...forgot to add the < /sarcasm > at the end there.
2,837 posted on 12/02/2001 7:40:13 AM PST by ReaganGirl
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To: ReaganGirl
Because this is not a publicly traded company and as a LLC does not have to disclose the items you suggested.

Please read this and get back to me:

Justinianist's Research: Must FR Register as a Charity?

2,845 posted on 12/02/2001 7:48:20 AM PST by Z2
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To: ReaganGirl
Because this is not a publicly traded company and as a LLC does not have to disclose the items you suggested

I understand it does not have to. I just don't understand why they wouldn't want to, to shut up the people who are implying fraud. I almost gag at the thought of saying this, but if you have nothing to be ashamed of, why hide it. As a conservative, it drives me nuts to have someone say this about government intrusion into private affairs, but I'm not the government and this doesn't seem to be private as it asks for and accepts public money.

It isn't really a business as you don't really sell anything (so all the comparisons to grocery stores is silly) but it it isn't a charity for technical reasons. It seems more like a Political Action Committee and maybe I'm wrong, but don't they reveal their expenses and allocations. I could be wrong on that.

Look at the trouble the Red Cross got into when they tried to stonewall inquiries. It just seems that whatever the facts are, putting them on the table would end the controversy.

If you still have concerns about how your mom is spending her money then you should become her guardian and take over her finances. If I thought that my parents were "throwing money down a hole" that's what I would do.

LOL! You don't know my Mom, well, maybe you do but believe me, she may ask for my advice but she is no where near the need for a guardian. As far as I'm concerned, she can sign over the deed to the homestead to Jim, if that's what she wanted to do. She asked for advice from me because she wanted a disinterested party's view of the situation.

The last thing I wanted to do these last sunny days is sit here picking through all this but FR is important to her and she is important to me.

2,863 posted on 12/02/2001 8:11:23 AM PST by A_dutiful_daughter
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