Zeb, I'm sure the Watchtower has made tentative plans for the dollar demise scenario, perhaps this new revenue scheme/stream is a means to that end, there's nothing on the law books to prevent them from making foreign currency exchanges/donations to other branches or precious metal purchases overseas?
wokeup
JoinedPosts by wokeup
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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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wokeup
It appears to me that the public can get a glimpse of the Watchtower's take at the NY headquarters ( 1 time money grab & pledges also ) by the 15th day of the fifth month after the Watchtower's fiscal year ends. Am I correct?
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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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wokeup
Below is a direct link to the Non-Profit Revitalization Act of 2013 of New York , Bill 8A072-2013. It is quite lengthy. Interesting to note: Consolidation or mergers of 2 or more religious non-profit corporations is spelled out for specific denominations in sections 24-27 for Episcopal, Methodist, Presbyterian and Jewish churches.
http://open.nysenate.gov/legislation/bill/A8072-2013
Below is a snippet on reporting requirements:
1. Every charitable organization registered or required to be regis-
tered pursuant to section one hundred seventy-two of this article which
shall receive in any fiscal year gross revenue and support in excess of
[two hundred fifty] FIVE HUNDRED thousand dollars [and every charitable organization whose fund-raising functions are not carried on solely by persons who are unpaid for such services] shall file with the attorney
general an annual written financial report, on forms prescribed by the
attorney general, on or before the fifteenth day of the fifth calendar
month after the close of such fiscal year. The annual financial report
shall be accompanied by an annual financial statement which includes an
independent certified public accountant's audit report containing an
opinion that the financial statements are presented fairly in all mate-
rial respects and in conformity with generally accepted accounting prin-
ciples, including compliance with all pronouncements of the financial
accounting standards board and the American Institute of Certified
Public Accountants that establish accounting principles relevant to
not-for-profit organizations. Such financial report shall include a
statement of any changes in the information required to be contained in
the registration form filed on behalf of such organization. The finan-
cial report shall be signed by the president or other authorized officer
and the chief fiscal officer of the organization who shall certify under
penalties for perjury that the statements therein are true and correct
to the best of their knowledge, and shall be accompanied by an opinion
signed by an independent public accountant that the financial statement
and balance sheet therein present fairly the financial operations and
position of the organization.On a side note, below is a link to what a non-profit organizational financial statement would comprise of.
Nonprofit Reporting
Business Financial Statement Equivalent Nonprofit Statement Income Statement Statement of Activities Balance Sheet Statement of Financial Position Cash Flow Statement Statement of Cash Flows http://www.investopedia.com/articles/basics/07/government_nonprofit_statements.asp
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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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wokeup
The non- profit re-vitalization act of 2013 that Haboob48 made us aware of, was signed into law by Governor Cuomo in Dec 24th, 2013, sooo the Watchtower will have to submit a financial report for their NY operations every year to the state of New York. Now the question is: will their NY financial statement be accessible to the public and when?
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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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wokeup
According to the McGuireWoods website, if signed into law by New Yorks' governor, as of July 1st, 2014, this new act will be the first major overhaul in over 40 years and will require 'every charitable organization registered or required to be registered to solicite charitable contributions in New York' to report. Organizations with an annual gross revenue and support of $500,000 or greater will have to 'submit an annual financial report accompanied by an independant Certified Public Accountant's audit report containing an opinion that the financial statements are presented fairly in all material respects and in conformity with generally accepted accounting principles'. It would interesting if these financial statements will be open to the public for review. Has the Governor signed it into law? Perhaps for the first time we'll get a peak in the Watchtower's books in New York at least.
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324
Is this new donation arrangement for real?
by nugget injust read a post on jwsurvey about the new donation arrangement.
congregations are to pledge a monthly amount to be sent to the society to fund the building of assembly halls and kingdom halls.
congregations who already have a loan from the society will no longer have to pay back the loan but the amount pledged should not be less than the current monthly repayments to the society.
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wokeup
Go therefore and build religious edifices, dedicating them to thy diety. You must cloth thyself with fine garments when entering and lay before my princes
gold and silver offerings as a token of thy loyalty. For all authority has been delivered unto my chosen channel to observe all things whatsoever they
command of you, sayeth the Lord.
Watchpower 28:19,20
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Are You Moving Ahead With Jehovahs Organization? Study WT May 2014
by KateWild inobedience is key in the paragraph below and the urgency is also emphasised with an exclaimation mark.. .
10 the earthly part of gods organization is moving ahead in many ways.
it helps us understand bible truth more and more clearly.
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wokeup
Simplified Edition:
and the winner is...
Organization- 22 Jesus- 3
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I want to grow my hair back out!
by onlyastory ina few months prior to baptism i had shoulder length hair which i loved and had wanted ever since i was a child.
i remember sitting with an elder during a bible study and asking him point blank if i 'had' to cut my hair.
whilst the answer was given slightly awkwardly the answer was a no, "there are no rules that say you have to cut your hair".
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wokeup
'' what joys await me if I want to grow my hair back out? "
When you trimmed your hair, they percieved it as submission their groupthink or social norm.
If you choose to grow your hair back out to pre-baptism length, it will be percieved as a lack
of sincerity/weakness/worldliness or rebellion. It will trigger judgementally/gossip/marking. These fine
christian qualities should move you to repentance and re-submit to their self importance.
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We shall dress with modesty (1Tim2:9), why dress like rich lawyers or wealthy financiers?
by Mr Fool inin my point of view, modest clothing is simple and humble.
so why are jw-men dressed like they own a big company or are challangers to the president post?
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wokeup
I'm sure Jesus' disciples wore normal clothes for their time period. He never instructed them to wear their
best clothes or try to impress anybody. The only nice thing Jesus wore was his undies. I'm sure not too many
were privledged to see it either. looking at the watchtower's illustrated pictures of 1st century gatherings
you'd think they were well off.
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Question about the "you can live forever in paradise on earth" book
by joe134cd ini'm just making a query into the red coloured book that had peoples faces stamped into the hard front cover.
the "you can live forever in paradise on earth" book.
this is so long ago so please forgive me if i get few things wrong.
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wokeup
Out of all the questionable illustrated images, the most blatant (to me) was in the Greatest Man Book.
Chapter 91 'When Lazarus was resurrected' : Top of the rock mass has a woman laying on her left side. Jesus' extended
hand appears to be touching her crotch. Just below his hand the letters SEX appears vertically in the rock. This is not made up!