Re: from the discussion of genX

Posted by Indian Joe on November 08, 2003 at 08:17:54

In Reply to: Re: from the discussion of genX posted by Alan on November 08, 2003 at 06:52:07:

That is hard to do.

I printed out FCF's 990 "Return of Organization Exept from Income Tax" form yesterday to see what they report to the government.

Not too many surprises. Robert Fernandez is one of the officers.

They spent $97,083 on furniture, $150,568 on "Internet Search Eng.", $134,784 on "Car Intermediary Fees". But, only spent $68,000 compensating Officers. The line that says "Other Salaries and Wages" is blank. Though they did manage to spend $18,013 on telephone calls. All this on just over 3 million in revenue last year.

They do spend $118,772 on a "Spiritual Retreat" program for their full time missionaries to kick back at the FCF compound, which has basis value of just under a half million dollars.