This is from the Downtown Greensboro Foundation's (DGF) audit, performed by Leeper, Keen and Rumley.
I found this last summer, and it rang a bell as the DGI imbroglio arose.
If DGI gets 90% of its money from taxpayers, and DGF suddenly owned an ice rink, and revenues are itemized by grants and pledges, ticket sales, corporate contributions, individual contributions and other, where did the $184,000 come from?
If Greensboro's City Council voted to give DGI $43,000 during the same fiscal year for the transformer and utilities, and some of the $184,000 indirectly came from the city's taxpayers, DGI has more problems than Ed Wolverton.
Last I heard from Denise Turner Roth, she is personally looking into it.
That was weeks ago.
Ed Wolverton chose to email DGF's 990 tax filing in response, which shows less information than the audit.
So where did DGF get $184,000 to buy an ice rink no one knew they owned?
4 comments:
"where did the $184,000 come from"
What $184,000?
The one in the picture that says $184,000.
Under temporarily restricted assets.
Didn't Denise say DGI refused to answer the question at the blogger meeting?
That's a pretty confusing balance sheet. The $184K is listed as a "grant or pledge" but then as a "released asset," which I assume means was being held by some other entity until 2011. Need to find out more on this.
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