Tuesday, August 14, 2007

And while we're on the topic of money....
Via Wikipedia, check out IBLP's income tax report to the IRS.

Read and discuss.


Anonymous Anonymous said...

3000 homeschool families (Part IIIc). I wonder how that compares with previous years.

Thanks for the link. I love looking at 990s (Yes, I'm a geek).

6:46 PM  
Anonymous Anonymous said...

Oh, and Mr. Gothard is getting a seriously raw deal if that's all they're paying him. (Part V-A)

(Same anonymous as 6:46 p.m.)

6:49 PM  
Anonymous Anonymous said...

Re: 6:46

Well, the 2003 report says 5,000 homeschool families.

Significant drop in two years!

10:37 PM  
Anonymous Anonymous said...

Did anybody else cat the $20MM in interest on over $8MMM in contributions? I surmise that says more about their cash flow than it does about their ability to use interest bearing accounts.

7:52 AM  
Anonymous Anonymous said...

Ops, sorry I did that wrong. $.2MM vs $8MMM - or $20K vs $8,000,000

7:54 AM  
Blogger TulipGirl said...

Yeah, 990s are cool.

Thanks for posting that.

6:51 PM  
Anonymous Anonymous said...

Just to let everyone know.
As of September, IBLP went about 1 million over budget. Gothard claims it is because He is paying the people at HQ.
Honestly, it is because he has bought 3 houses near/around South Campus in Indianapolis.
Plus, the are remodeling South Campus Bldg 1.

As another update: Before the 1 million dollar bust, There was/is a mass exodus from HQ and other places.
As of July of '07 a family was asked to leave South Campus, because they "Were not on the same
page" as Gothard and Gergeni.

Wasn't their fault. Gergeni and Gothard didn't want to get on the same page as this family. Bill and
Rodger hated this family for no reason. They just thought getting
of this family was God's Best.

I've worked with IBLP for 5 years. Lived at a training center for 2.
When I say it is crumbling, I mean it.

12:38 PM  
Anonymous Anonymous said...

well South Campus Bldg 1 had to be remodeled or the Marion County Health Department would close it down

3:07 AM  

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