Another call for forensic accounting and an inventory
That is sort of what has happened to the NRA!
I doubt we have any "grifters" in AMSAT. To be safe, look out for any Jaguar owners as Jeremy Clarkson of Top Gear points out.
That said the P&L statement should be reviewed.
Locally, our ex mayor decided to buy a failing golf course with our stormwater funds to save it from development. An action clearly benefiting only one neighborhood. Depending on who you talk to on a given day, it is either making or losing money. This is a case where the P&L needs to be made public.
"Yes. I see the “plot” clearly now. A few grifters decided the best way to get “rich" was to join a ham radio organization. They would lay low for 10-30 years so as not to arouse suspicion. They would volunteer their time and efforts for decades to provide an smokescreen so other members wouldn’t suspect that they would one day steal money and inventory from the coffers and then refuse to provide a detailed accounting when requested…
Jeff, KE9V"
As an ex-CPA I ask, has anyone realized what the cost of such an audit would be? I can tell you that unless you have a reasonable suspicion and probability, not possibility, of fraudulent activities, you will just burn many thousands that could be used on satellites.
Greg N3MVF
On Aug 10, 2020, at 9:25 PM, Joe Leikhim via AMSAT-BB [email protected] wrote:
That is sort of what has happened to the NRA!
I doubt we have any "grifters" in AMSAT. To be safe, look out for any Jaguar owners as Jeremy Clarkson of Top Gear points out.
That said the P&L statement should be reviewed.
Locally, our ex mayor decided to buy a failing golf course with our stormwater funds to save it from development. An action clearly benefiting only one neighborhood. Depending on who you talk to on a given day, it is either making or losing money. This is a case where the P&L needs to be made public.
"Yes. I see the “plot” clearly now. A few grifters decided the best way to get “rich" was to join a ham radio organization. They would lay low for 10-30 years so as not to arouse suspicion. They would volunteer their time and efforts for decades to provide an smokescreen so other members wouldn’t suspect that they would one day steal money and inventory from the coffers and then refuse to provide a detailed accounting when requested…
Jeff, KE9V"
On Mon, Aug 10, 2020, 8:22 PM Greg via AMSAT-BB [email protected] wrote:
As an ex-CPA I ask, has anyone realized what the cost of such an audit would be? I can tell you that unless you have a reasonable suspicion and probability, not possibility, of fraudulent activities, you will just burn many thousands that could be used on satellites.
Just publish the books. Anonymize donors (unless they wish otherwise). Martha's salary is public knowledge, it's on the form 990. I can't think of what else there is that would have to be secret.
Joe, Nobody is accusing anyone of ripping off.
Nor am I but there is a cloud to be lifted. The P&L should not be a burden. Money in, money out. There is a P&L ?Sent from my Galaxy Tab® A -------- Original message --------From: Bruce Perens [email protected] Date: 8/11/20 1:00 AM (GMT-05:00) To: Joe Leikhim [email protected] Cc: AMSAT BB [email protected] Subject: Re: [amsat-bb] Another call for forensic accounting and an inventory Joe, Nobody is accusing anyone of ripping off.
This is what is public at present: https://www.amsat.org/audit-and-other-financial-reports/
On Mon, Aug 10, 2020, 11:12 PM rhyolite [email protected] wrote:
Nor am I but there is a cloud to be lifted. The P&L should not be a burden. Money in, money out. There is a P&L ?
Sent from my Galaxy Tab® A
-------- Original message -------- From: Bruce Perens [email protected] Date: 8/11/20 1:00 AM (GMT-05:00) To: Joe Leikhim [email protected] Cc: AMSAT BB [email protected] Subject: Re: [amsat-bb] Another call for forensic accounting and an inventory
Joe, Nobody is accusing anyone of ripping off.
participants (4)
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Bruce Perens -
Greg -
Joe Leikhim -
rhyolite