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Old March 21st 07, 11:32 PM posted to rec.games.chess.politics,rec.games.chess.misc,alt.chess,misc.legal,alt.accounting
samsloan
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Posts: 8,811
Default Great News about USCF Finances

Quote:
Originally Posted by Brian Lafferty
Quote:
Originally Posted by Grant Perks
Quote:
Originally Posted by nolan

As to 'transparency', please define EXACTLY what you mean, and then
point me to ANY OTHER national not-for-profit membership organization
which meets that definition.

I am 0-3 for finding any financial information on a national
non-profit, but I will keep looking. So far, I have struck out on the
American Institute of CPA's, the Institute of Internal Auditors, and
the Contract Bridge League.
ROTFLMAO!!!
How many of those organizations have lost two million dollars in the
last few years?

How many of them could be out of business with another big loss.

As long as we were profitable, nobody cared, but now we are tottering
on the bring of disaster plus the financial statements have a lot of
obvious mistakes in them, so we have to watch very carefully.

It seems that we did not pay the postage on Chess Life this month, so
that would seem to be another $30,000 unbooked loss.

Sam Sloan

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