[Kzyxtalk] Fwd: MY THOUGHTS ON THE KZYX CANDIDATES FORUM

[John Sakowicz]

MY THOUGHTS ON THE KZYX CANDIDATES FORUM 

The Trump Administration will be brutal for the Corporation for Public Broadcasting (CPB). Trump hates public media. Trump hates alternative media. Trump hates progressive media. Expect Trump to slash funding at the CPB , if not completely defund the CPB, within the next 12 months. He'll probably do the same at the National Endowment for the Arts and the National Endowment for the Humanities. 

When that happens, what is KZYX's contingency plan? 

Our contingency plan for less, or no, CPB funding? 

Answer: KZYX will have to rely on corporate and foundation funding, as both PBS and NPR do now. 

But corporations and foundations will only fund KZYX, if our financials are impeccable, which they are not. Our financials are inaccurate, incomplete, and inconsistent. There are no multi-year reviews of operating statements, balance sheets, and cash flow statements. Debt is never disclosed -- what we owe NPR, the CA Department of Forestry, American Radio International, and Pacifica. What we owe on our letter of credit at the Mendocino Savings Bank is not disclosed. It's shocking, but the station's IRS Form 990s were filed without the KZYX Board ever having seen them. 

Also, corporations and foundations will only fund KZYX if our policies are strictly followed. Currently, our policies are not even posted on our website. This is also shocking. 

As someone who is a trained trustee and fiduciary, as someone who is a trained Board director, as someone who has years of accounting, audit, and management experience, I want to help KZYX save itself from itself. 

I will fight for best business practices so we can open up new revenue streams from corporations and foundations. 

Vote for me. I promise to work with GM Jeffrey Parker and put a premium on collegiality with other Board directors. But I will not wink at "business as usual" as our beloved community radio station goes out of business, and the airwaves become silent -- not as Trump remakes the country in his own image and likeness. 

John Sakowicz 


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