[Kzyxtalk] Scott Peterson's letter

[sako4 at comcast.net]

Editor, 




KZYX Policy Questions 




In 2010, KZYX employee John Coate started hiding Form 990s from the KZYX Board of Directors. He did that for five years. This was no accident, but policy. Stated on the Form 990s themselves: “No review (of this Form 990) was or will be conducted.” Inside each of these forms was an astonishing declaration. Sworn under penalty of perjury by Mr. Coate. That no audited financial statements had been prepared for each of those five years. 




In a recent Ukiah Daily Journal editorial, KZYX’s entire Board of Directors stated that audited financial statements had been prepared. And that nothing was wrong with its Form 990s. This statement will surely draw fire from the Corporation of Public Broadcasting. Who provided KZYX with over $1 million in grants. On KZYX’s assurance that audited financial statements had been prepared. When KZYX knew they hadn’t. 




One of those statements is a lie. Covered by the disastrous policy of hiding Form 990s from voting board members. KZYX members deserve an explanation for this. At the next Board of Directors meeting. Along with answers to three important questions: 




What’s the reason for that policy? 




Who sponsored it? 




How’d it become KZYX policy? 




Responsible board members will demand for this issue to be on the agenda for that meeting. They’ll demand answers too. Otherwise, KZYX will not only risk future CPB funding. But bankruptcy from being forced to repay that $1 million. 




Scott M. Peterson 

Mendocino 


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