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Sheez, is that $1.5 billion?

money-pitTony Ortega last night posted a salvo in what I’m going to predict will be a major aneurysm-causing problem in Miscavige’s life.

It’s actual tax documents for the “church” of Scientology Inc saying it had assets amounting to $790,758,896.

Also presented were tax documents for the “church” of Spiritual Technology saying it had assets amounting to $434,487,317.

There’s also a document stating the book value (assets) of the Flag Service Organization, CSI WUS, ABLE as well as other “church” arms and entities.

Total comes to…wait for it…$1,561,116,313.00!

That’s one point five billion…for the USofA alone! Not counting the IAS!

So what the flock are people doing donating money to the “church”?

Why are people donating money for empty orgs? No auditors? No case gain?

Why are people donating money for “4th dynamic campaigns”? When it’s now clear the money doesn’t make it to the 4th dynamic?

Read Tony’s post; Mike Rinder submitted a comment about how the “church” computes its assets and book values.

OTVIIIisGrrr8 also has a post about this.

And we here got this e-mail about the flap early this morning.

 ———- Forwarded message ———-
From: Scientology News
Date: Tue, Apr 8, 2014 at 2:17 AM
Subject: Golden Age of Technology II Good News!!
To: [email protected]

Great News!!!

Some major changes are coming down from COB. The Golden Age of Tech II will include also a new Golden Age of Openness and Transparency. As the latest rumor lines report COB is working hard to give at one of the next events a full overview of the financial state of affairs in the church. As a first step the 2011/12 tax statements for US entities of the church were released in full. (links further below)

All parishioners will be able to see how the tremendous sacrifices they have made created a new Golden New Era of financial stability for Scientology. Not only are estimated close to 2 billion US $ liquid assets in accounts of the IAS (not included in these tax forms as it is a non US entity), all US entities combined carry assets of over 1.5 billion. Most of those assets are real property and evaluated at the lowest possible value for tax purposes. A market evaluation would most likely result in total assets between IAS and US COS entities of clearly over 4 billion US $ !!!!

Very well done for everybody who took a second mortgage out of his house to support this straight vertical and upright expansion to a new Golden Era of Financial Stability for Scientology, not to mention the dedicated Sea Org members that give their live and work 80 hour per week without social security or pension plan and only ask for $50 per week in compensation. Without all of your sacrifices this would not be possible. VWD !!!!! The original tax forms are linked below. Just a word for anybody not familiar with these tax forms. They report the assets and the “unrelated business income”, which is derived from activities not related to services and donations. So please nobody be scared by these low income numbers. The real income is in donations for services, IAS, ideal Org programs and others and for FLAG alone is estimated at between 100 and 200 million annually. But COB will explain all of this much better in one of the next upcoming events when he will present the full and complete picture. This is slighlty different for the tax forms for Narconon Int, CCHR and Applied Scholastic which report actual income numbers. Combined they had an income in 2012 of just under 15 million. For example CCHR annual income in 2012 is $2.67 million, which is 0.0000001335 % of the estimated assets of the IAS. Great job everybody!!!!

Here as promised the overview and the original tax documents

Org                         Assets                            Tax Year
CSI                         $790,758,896.00                2011

CST                        $434,487,317.00                2011

CCINT                     $39,392,879.00                2012

FSO                       $209,655,686.00                2012

COS West US          $45,265,237.00                2012

Flag Ship                 $26,705,235.00                2012

Able                         $14,711,161.00                2012

TWTHF                       $139,902.00                 2012

Total assets                                      $1,561,116,313.00          

 

Original Tax Returns:
CSI                                   
2011 Church of Scientology International 990 T Return

CST                                   2011 Church of Spiritual Technology 990 T Return

CCINT                              2011 Celebrity Centre International 990 T Return

FSO                                   2012 Flag Service Organization 990 T Return

COS West US                  2012 Church of Scientology West US 990T Return

Flag Ship                          2012 Scientology Flag Ship Service Organization 990T Return

Able                                   2012 return for the Association for Better Living and Education

TWTHF                               2012 return for The Way to Happiness Foundation

Applied Scholastics           2012 return for Applied Scholastics

Narconon                            2012 return for Narconon International

CCHR                                2012 return for the Citizens Commission on Human Rights

Thanks for the dox leaks, whoever you are!

— written by Plain Old Thetan

 


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7 Comments

elizabeth hamre  on April 8th, 2014

Now my dear you are asking a question here “So what the flock are people doing donating money to the “church”?”
Hehehe LRH said that people have reactive minds and cant think for them self’s! Those who donate proves that LRH was right and DM understood what LRH meant by that and have used that for his own gain… and people say that DM has a huge bank… I don’t think so… but huge bank account… yes… clever boy that David!

Dan351  on April 9th, 2014

I have a burning legal question…

If I had knowledge of a particular fraud, is there someone that could be consulted with?

This involves large amounts of money raised to carry out VM/ABLE projects in a foreign country, yet virtually no money arrived to the promised recipients.

The legal authorities in this country would be most interested in seeing that donated money went to the poor people for whom it was intended. It would only take one phone call to start an investigation on their end.

I worked as a volunteer on this project for 15 years. The person that I worked most closely with is a prominent lawyer and gov’t official there, but he would need help on the U.S. side of the issue.

PlainOldThetan  on April 9th, 2014

Well, Dan, this is pretty hard for me to make any suggestions about since the info you provided is pretty vague. For example, why don’t YOU make the call to trigger an investigation?

Was the fraud accomplished with IAS donations? If so, why hasn’t someone contacted the IRS tax-exempt frauds unit?

It’d be useful to have the fraud’s (gasp) time, place, form, event posted so if I can’t guide you, maybe our readers can.

The IRS can be contacted at:
Internal Revenue Service
Exempt Organizations Determinations
P.O. Box 2508
Cincinnati,OH 45201

The whole Garcia lawsuit is about the fraudulent regging of IAS donations and failure of the “church” to use those funds for what the reges promised.

In order for that approach to work, there’d have to be a paper trail of how much was given to who, when, and for what.

Then you’d additionally have to prove that the money didn’t arrive where it was promised.

Since you didn’t really give details of the fraud, which is the starting point for any investigation, I’m at a loss to make additional suggestions.

Dan351  on April 9th, 2014

Do you know of any lawyers familiar with IAS fraud that might be interested in consulting with a potential client?

PlainOldThetan  on April 9th, 2014

The Garcias obviously do…

Dan351  on April 9th, 2014

Thanks. I think you have pointed me in the right direction.

I have mistakenly deceived certain folks and I want to make it right with them. Blogs like yours have certainly helped me to see the truth.
Keep up the good work.

David J Mudkips  on April 9th, 2014

FWIW, Dan351, the John P. Capitalist critic blog posits the idea that, even if the Garcia lawsuit fails, it could still lead to similar actions, possibly of the Class Action variety.

Might be worth considering, maybe?

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