On October 22, 2008, Walt Thompson testified under oath that 3ABN's donations were back up to the levels they had been before the "attacks" started. Since Mollie Steenson and Larry Ewing testified under oath in May 2007 that the "attacks" started in June or July 2006, then Thompson must have been saying that donations were back up to the levels they had been in the first half of 2006. Since Thompson testified that this showed that 3ABN's public reputation had been restored, donations from the public, not from board members, must be looked at.
"Analysis of 3ABN's Form 990's from 1998 to 2006" shows us that donations were $15,075,120 in 2006.
Page 1 line 1a of
3ABN's 2007 Form 990 says that donations were $14,199,289 in 2007.
Page 1 line 8 of
3ABN's 2008 Form 990 says that donations were $14,591,460 in 2008.
Page 1 line 8 of
3ABN's 2009 Form 990 says that donations were $13,261,885 in 2009. That's the lowest donations have been since 2003.
Page 14 of the 2008 Form 990, and page 15 of the 2009 Form 990, show that of the amounts for donations and sales revenue came, disqualified persons such as board members contributed $417,415 in 2006, $447,164 in 2007, $1,127,407 in 2008, and $600,404 in 2009.
The bottom line is that neither 2008's donations nor 2009's donations were back up to pre-June or pre-July 2006 levels, based on 3ABN's own numbers.
I personally think this matter should be investigated, and that Walt Thompson should be charged with perjury if public donations were not at pre-June or pre-July 2006 levels as of October 22, 2008.
Author
Topic: 3ABN files its 2009 annual report (Read 10339 times)
