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<body class='hmmessage'><div dir='ltr'><div><br></div><div>the real tragedy about concealing Form 990s from KZYX's board of directors is this .. without current and past Form </div><div><br></div><div><br></div><div>990s, it's impossible to do any look-back .. so operating budgets are useless .. </div><div><br></div><div><br></div><div>in a ten-year look-back, the decline is obvious .. membership revenue went up by fifty percent during that time </div><div><br></div><div><br></div><div>period .. expenses went up by thirty percent .. but total revenue went down by fifteen percent .. the biggest chunk </div><div><br></div><div><br></div><div>of that decline was CPB grants .. by almost fifty percent .. the bottom line is reflected in the loss of net assets .. </div><div><br></div><div><br></div><div>currently twenty-five percent of what they were in 2005 .. </div><div><br></div><div><br></div><div>so instead of instituting any real reform, MCPB is circling the wagons .. with business-as-usual editorials like this:</div><div><br></div><div><br></div><div><a href="http://www.ukiahdailyjournal.com/opinion/20160602/kzyx-board-responds" target="_blank">http://www.ukiahdailyjournal.com/opinion/20160602/kzyx-board-responds</a></div><div><br></div><div><br></div><div>CPB monitors publicity regularly .. especially regarding grantees .. and how publicly they circle their wagons .. </div><div><br></div><br><div>- - - - - - - - - - - - - - - - - - - </div><div><br></div><div><br></div><div><pre style="background-color: rgb(255, 255, 255);">Who cares about Stuart's teaching credentials. The facts that concern me are the ones that point to how MCPB is not following CPB regulations, and how this has caused a serious decline in membership.
Doug
Sent from my iPhone</pre></div> </div></body>
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