An astute reader pointed out to me last night that if you look at the latest ConcordTV annual report, linked here in PDF, you'll see some shocking things: ["Annual Report"].
Most notably: $93,696 in fundraising and outreach expenses in 2008 to raise $18,808! In 2007, it was $54,847 to raise $13,303! So, they needed nearly $40,000 more to bring in $5K more?!? In two years, ConcordTV has spent nearly $150,000 to raise a paltry $32,000. They could have not spent that $150,000 and had, well, $150,000 instead of $32,000!!
I don't know how I missed this. Maybe because I looked at it in March and then forgot about it when I put together Sunday's post.
Clearly someone, anyone, has to stop this gravy train. A full audit of ConcordTV is needed now before they get one more thin dime!
Most notably: $93,696 in fundraising and outreach expenses in 2008 to raise $18,808! In 2007, it was $54,847 to raise $13,303! So, they needed nearly $40,000 more to bring in $5K more?!? In two years, ConcordTV has spent nearly $150,000 to raise a paltry $32,000. They could have not spent that $150,000 and had, well, $150,000 instead of $32,000!!
I don't know how I missed this. Maybe because I looked at it in March and then forgot about it when I put together Sunday's post.
Clearly someone, anyone, has to stop this gravy train. A full audit of ConcordTV is needed now before they get one more thin dime!
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