In Reply to: Thanks Indian Joe posted by Thinker on November 09, 2003 at 19:26:38:
Money always leaves a trail. I think it's kind of amazing that only about $60,000 is spent on payroll at FCF while they have all those people living there generating over $3 million in revenue.
Keep in mind that not only cash is taxable. Just because the organization is tax exempt doesn't mean that the people working there are. Ask anyone working for a legit charitable organization if they get a W-2 form at the end of the year. Not the volunteers who go after they get off work, the people who work there 9-5.
If these full time missionaries "on retreat" are in fact living there with no visable means of support, basically spending the $3 million. Well?
Here is a link to the 990 form for 2002:
http://www.familycare.org/pdf/990-02.pdf
I realize this has nothing to do with Journeys. If the Coordinator would like this to go to another board, please let me know which one.