[Kzyxtalk] KZYX Audited Financial Statements - 2008 thru 2014

Sun Apr 17 11:20:22 PDT 2016

Thank you Scott. . . . Doug. Where would you take this next? I believe
John Coate and cohorts were engaging in a fundamental fraud which ended up
in dampening programming to the detriment of the County. So where does this
inquiry go next?  --beth bosk

On Sun, 17 Apr 2016 11:00:12 -0700, Doug McKenty <dougmck at gmail.com>
wrote:
> Thank you so much for this research. I thought I smelled a fish when I
> analyzed the financial info on the website, which is why I asked to see
> further information. 
> Despite the clarity of the Members right to inspect" such documents, the
> board required a lawsuit to see them. 
> When a demand letter was filed to gain access to the documents, the GM
> resigned. When I appeared on the specified date to take a look, the
> police were called. 
> I thought I was looking for specific information regarding the extent of
> the loss of membership and community financial support over the last
> decade, but the veracity of the response from the organization made me
> feel like something else was going on. 
> This information lends credence to that notion. I hope current board and
> staff are willing to delve into this further. 
> Thanks again,
> Doug
> Sent from my iPhone
> On Apr 17, 2016, at 10:00 AM, Scott Peterson  wrote:
> 
>  Mendocino County Public Broadcasting (MCPB) depends on grant money from
> the Corporation for Public Broadcasting (CPB). To get that money, MCPB
> furnishes CPB with yearly audited financial statements. And then posts
> them to the KZYX website:
>
http://www.kzyx.org/index.php/about-us/station-business/mcpb-bylaws-and-financial-statements
> [2] 
> There they are. 2006 through 2015, right?
> At the bottom of the page, there's a link to MCPB 990 tax returns from
> previous years:
>
http://www.eri-nonprofit-salaries.com/?FuseAction=NPO.Summary&EIN=680050440&BMF=1&Cobrandid=0&Syndicate=No
> [3]
> Okey-dokey. Open up the one for 2013. And scroll to Page 12. Go to Part
> XII, to Item 2b. Where is says, "Were the organization's financial
> statements audited by an independent accountant?" Look at the answer,
> "No."
> Huh?
> Alright. Let's go straight to the horse's mouth. The National Center for
> Charitable Statistics database for MCPB:
>
http://nccsweb.urban.org/communityplatform/nccs/organization/profile/id/680050440/popup/1#programs
> [4]
> This has a more complete list of MCPB 990 tax returns. Including the one
> for 2014:
>
http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_201406_990.pdf
> [5]
> Go to page twelve on that rascal. To the same question. And the same
> answer. No audited financial statements.
> Now go all the way back to the one for 2010:
>
http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_201006_990.pdf
> [6]
> The same question and answer are on Page 3, Item 12. No audited
financial
> statements. So that's five years without audited financial statements.
> Right? But the mystery deepens.
> This is a little more legwork. But it's worth it:
> http://rct.doj.ca.gov [7]
> Do a search for "Mendocino County Public Broadcasting". With "CA" as the
> state. Then select MCPB, the charity. That'll take you to an index of
> MCPB documents not listed on the KZYX website. They're called
> Registration Renewal Fee forms. Or RRF-1 for short. Go to the ones for
> 2008 through 2014. And check out Item 9. "Did your organization have
> prepared an audited financial statement in accordance with generally
> accepted accounting principles for this reporting period?" Look at the
> answer. X marks the spot. "No."
> Check out the title of the individual who signed that form: "Executive
> Director". And the terms under which it was filed: "under penalty of
> perjury".
> So MCPB's executive director swears on a stack of bibles that KZYX had
no
> audited financial statements from 2008 thru 2014. What does MCPB policy
> say about that? It's on the KZYX website too. So let's take a gander at
> that:
>
http://media.kzyx.org/mp3/Policies/MCPB%20Financial%20Management%20Policy%209-12-2006.pdf
> [8]
> Page 3, Item 1.4: "The audit is done at the end of each fiscal year by
an
> auditor hired by the Board of Directors. The unit includes the
> examination of the books and records by a qualified person from outside
> MCPB to ensure the financial statements are true and accurate."
> So MCPB's written policy requires the preparation of annual audited
> financial statements. But for seven years, they weren't done. So go back
> to the part of the KZYX website with financial statements. Almost to the
> bottom. Where it shows six years of filings to the Corporation for
Public
> Broadcasting. They're annual financial reports, or AFRs. 2008 thru 2013.
> Just for grins, go to the one for 2013:
> http://kzyx.org/Board/audits/AFR/MCPB%202013%20AFR.pdf [9]
> Go to Page 10, Item 8. Where it says, "Total Expenses (sum of lines 1 to
> 7) must agree with audited financial statements".
> The ones that MCPB's executive director swears didn't exist.
> Am I missing something here?
> Scott M. PetersonMendocino
> 
>   _______________________________________________
> Kzyxtalk mailing list
> Kzyxtalk at lists.mcn.org [10]
> http://lists.mcn.org/mailman/listinfo/kzyxtalk [11]
> 
> 
> Links:
> ------
> [1] mailto:scottmartinpeterson at hotmail.com
> [2]
>
http://www.kzyx.org/index.php/about-us/station-business/mcpb-bylaws-and-financial-statements
> [3]
>
http://www.eri-nonprofit-salaries.com/?FuseAction=NPO.Summary&EIN=680050440&BMF=1&Cobrandid=0&Syndicate=No
> [4]
>
http://nccsweb.urban.org/communityplatform/nccs/organization/profile/id/680050440/popup/1#programs
> [5]
>
http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_201406_990.pdf
> [6]
>
http://990s.foundationcenter.org/990_pdf_archive/680/680050440/680050440_201006_990.pdf
> [7] http://rct.doj.ca.gov
> [8]
>
http://media.kzyx.org/mp3/Policies/MCPB%20Financial%20Management%20Policy%209-12-2006.pdf
> [9] http://kzyx.org/Board/audits/AFR/MCPB%202013%20AFR.pdf
> [10] mailto:Kzyxtalk at lists.mcn.org
> [11] http://lists.mcn.org/mailman/listinfo/kzyxtalk