This may be true, but I bet they left themselves wide open because of all these years nontransparency and no need to file any data with the government has let them proceed rather recklessly not realizing a change was comming,, until wammo! the shit just hits the fan! And on the ties of the Governing Body/Faithful and Discreet Slave Masters.
frankiespeakin
JoinedPosts by frankiespeakin
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44
New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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44
New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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frankiespeakin
I'm sure this latest big haul of cash from all the congregations will be in the audit and transparent, which is good news(not good news of the kingdom matt 24:14) for many as we need to get a glimps of the haul of cash they robbed from thier members. I thing the tendency will be to hide the actual amount somehow, but a good audit should show it up. It would be nice to see the entire Governing Body behind bars for tax evation and fraud.
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Atlanta Int Convention 2014:The Big Party. Does this look like WT believes Armageddon is coming "soon"?
by AndDontCallMeShirley inhttp://www.youtube.com/watch?feature=player_detailpage&v=potrr2qxhue.
.. if armageddon is "imminent", why is wt focused on sight-seeing, entertainment, travel, etc.
instead of preaching and saving people??.
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frankiespeakin
I'm sure a lot of crazy shit will be going thru the heads of these slow and delusional thinking Governing Body office holders with this new Nonprofit Revitalization Act going into effect 7/2014. No doubt as they impliment all kind of stuff to try and avoid fraud and whatever else they are hiding the emotional pressure must be rather great for these past the expiration date end of the world cult leaders.
I'm sure they will provide lots of internet fodder to the dismay of the faithful hoodwinked followers of these clowns.
Atlanta and federal prison it would be nice to see these sadistic Jehovah loving Governing Body members find a permanent retirement home and not go free free like last time.
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New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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frankiespeakin
Could the WTS of New York do the old trick of transferring assets and income to the Pennsylvania Society to skirt these NY State reporting laws?
I think a good audit by an independant source and will show what happened to the transfered assets. This could be very bad news for the Governing Body, I don't think they will be able to cook the books enough to hide this stuff after all the GB are pretty dumb and the same probably goes for those who keep the Corporation's books. Oh and don't forget whistleblower protection policies that must be adopted by those corporation making over a $1,000,000. It seems to be a major breakthrough to keep these non profits honest and trust worthy.
http://www.investopedia.com/terms/c/cookthebooks.asp
A buzzword describing fraudulent activities performed by corporations in order to falsify their financial statements. Typically, cooking the books involves augmenting financial data to yield previously non-existent earnings.
Examples of techniques used to cook the books involve accelerating revenues, delaying expenses, manipulating pension plans and implementing synthetic leases.Seems to me that just like their dirty dealings with handleing pedophiles in the Corgregation has turned around and bit them in the ass, they may also have some major problems with book keeping to haunt them now that they must get an independent audit. Well I'm sure it will all come out in the wash, and the shell game is up.
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44
New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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frankiespeakin
I think this is great news as it make these nonprofit corporations transparent and accountable something that the WT corporation has been side stepping since its founding.
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Does WT use intellectual intimidation in publications?
by KateWild inwhen i first learned ttatt, i read loads all at once and tried to absorb everything.
then i slowed down evaluated my priorities and took one step at time.
now my kids know ttatt and i have set some goals in life, i am ready to take on my next project in my deprogramming.. intellectual intimidation.
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frankiespeakin
I guess it all comes down to the meaning of the term or phrase 'Intellectual Intimidation'. Personally there is nothing intellectual about a bunch of creeps who will forbid its members a higher education and classifies it as a work of the devil to decieve its members away from the truth and into disbeleif of their claims.
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New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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frankiespeakin
I did some looking up of this "Nonprofit revitalization act" And how it squares with inproving transparency and fight fraud, I thought this might be of some interest. It looks like the records of these independent audits will be in the direction of greater accountability and more transparency.
http://newyorkhistoryblog.org/2013/07/01/nonprofit-revitalization-act-signals-major-overhaul/
“After 40 years, it is exciting to see that Attorney General Schneiderman, the Legislature and Governor Andrew Cuomo have modernized the oversight system for nonprofit governance,” Brooks said in a statement issued to the press. “The Nonprofit Revitalization Act will serve to strengthen the entire nonprofit sector not only through streamlined and modernized processes, but through a heightened focus on effective and accountable governance.”
The goals of the Nonprofit Revitalization Act include reducing outdated and unnecessary burdens on nonprofits and expediting the application process, improving both transparency and governance in the name of improving public trust in charities,” according to Hannah Hanford, executive director of the Adirondack Health Foundation. “The Board of Trustees of the Adirondack Health Foundation believes strongly that charitable boards take their oversight role seriously because a nonprofit’s integrity is its most important asset. This new law reflects their philosophy and practice while it recognizes modern communication methods to streamline board e-communications to allow business to be accomplished in a timely manner.”
According to Schneiderman’s office nonprofit organizations operating in New York generate hundreds of billions of dollars in annual revenue – the highest of any state in the nation – and are responsible for one in seven jobs in New York State.
According to a press release issued by ACT, the Nonprofit Revitalization Act enhances nonprofit governance and oversight to prevent fraud and improve public trust by:
- Ensuring sound financial management by requiring that charities’ boards perform active oversight over financial audits. Boards will be responsible for retaining independent auditors and reviewing results of the audit. At larger charities (over $1 million in annual revenue), the board or audit committee will be required to follow additional oversight procedures.
- Preventing conflicts of interest by requiring that transactions between a nonprofit and insiders who stand to benefit be fully disclosed and that nonprofit boards determine they are fair, reasonable, and in organizations’ best interests. When a charity engages in a substantial transaction with an insider, the board will have to consider alternatives and document its basis for choosing the insider transaction.
- Strengthening the Attorney General’s power to police fraud and abuse by granting clear power to bring judicial proceedings to unwind interested-party transactions.
- Ensuring board independence by prohibiting any employee of a nonprofit from also serving as chair of its board.
- Promoting good governance by requiring all nonprofits to adopt conflict of interest policies and those with over $1 million in annual revenue and 20 or more employees to adopt whistleblower policies.
- See more at: http://newyorkhistoryblog.org/2013/07/01/nonprofit-revitalization-act-signals-major-overhaul/#sthash.0qj63IiN.dpuf
“After 40 years, it is exciting to see that Attorney General Schneiderman, the Legislature and Governor Andrew Cuomo have modernized the oversight system for nonprofit governance,” Brooks said in a statement issued to the press. “The Nonprofit Revitalization Act will serve to strengthen the entire nonprofit sector not only through streamlined and modernized processes, but through a heightened focus on effective and accountable governance.”
The goals of the Nonprofit Revitalization Act include reducing outdated and unnecessary burdens on nonprofits and expediting the application process, improving both transparency and governance in the name of improving public trust in charities,” according to Hannah Hanford, executive director of the Adirondack Health Foundation. “The Board of Trustees of the Adirondack Health Foundation believes strongly that charitable boards take their oversight role seriously because a nonprofit’s integrity is its most important asset. This new law reflects their philosophy and practice while it recognizes modern communication methods to streamline board e-communications to allow business to be accomplished in a timely manner.”
According to Schneiderman’s office nonprofit organizations operating in New York generate hundreds of billions of dollars in annual revenue – the highest of any state in the nation – and are responsible for one in seven jobs in New York State.
According to a press release issued by ACT, the Nonprofit Revitalization Act enhances nonprofit governance and oversight to prevent fraud and improve public trust by:
- Ensuring sound financial management by requiring that charities’ boards perform active oversight over financial audits. Boards will be responsible for retaining independent auditors and reviewing results of the audit. At larger charities (over $1 million in annual revenue), the board or audit committee will be required to follow additional oversight procedures.
- Preventing conflicts of interest by requiring that transactions between a nonprofit and insiders who stand to benefit be fully disclosed and that nonprofit boards determine they are fair, reasonable, and in organizations’ best interests. When a charity engages in a substantial transaction with an insider, the board will have to consider alternatives and document its basis for choosing the insider transaction.
- Strengthening the Attorney General’s power to police fraud and abuse by granting clear power to bring judicial proceedings to unwind interested-party transactions.
- Ensuring board independence by prohibiting any employee of a nonprofit from also serving as chair of its board.
- Promoting good governance by requiring all nonprofits to adopt conflict of interest policies and those with over $1 million in annual revenue and 20 or more employees to adopt whistleblower policies.
- See more at: http://newyorkhistoryblog.org/2013/07/01/nonprofit-revitalization-act-signals-major-overhaul/#sthash.0qj63IiN.dpuf
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44
New Financial Arrangements
by Joe Grundy indear friends.
i never was a dub.
i am not a qualified lawyer or accountant.
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frankiespeakin
Marked
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Handing in '' Field Service Report '' even if you're very ill.
by RULES & REGULATIONS inmy mom has not been to any meetings or participated in field service since august 2013. she cannot walk due to all her medical conditions.
she is either in bed or sitting in a wheel chair.. our family hired a caretaker monday - friday to help her eat, take her to the bathroom and sit with her in case she needs anything.
in the evenings and weekends, we have family members take care of her.
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frankiespeakin
It's call squeezing blood out of a turnip.
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Atlanta Int Convention 2014:The Big Party. Does this look like WT believes Armageddon is coming "soon"?
by AndDontCallMeShirley inhttp://www.youtube.com/watch?feature=player_detailpage&v=potrr2qxhue.
.. if armageddon is "imminent", why is wt focused on sight-seeing, entertainment, travel, etc.
instead of preaching and saving people??.
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frankiespeakin
This video is an excelent aid to help deprogram these corporation lackys, that along with the anit-Sparlock type toys for tots makes Jehovah sad and Jehovah feels disgusted when watching a deaf person masturbate videos.
I hope the Governing Body keeps making more videos that show their rather infantile nature and phobias.
The GB in this delusional state are making some rather bizzar videos that will no doubt make JWs leave in droves, lets hope this trend continues and is broadcasted all over the internet.
I would hope Anthony Morris gets to make a video about his pet peeve "Tight Pants" being a plot by the gay community to get more eye candy. That seemed to be a real hit with the Itaian bros. That along with hate your kids that leave the Corporation.