First off, many thanks to the gutsy tipster who posted a recent comment (now published) which lead to further investigation... which sadly verified that fraudulent financial activity has occurred.
A PDF of that tax return is available here for all to download and scrutinize.
CANYONS TAX RETURN
Head to page 23 for the "fraudulent charges" line entry.
And what is really bothersome, this is from a couple years ago.
What will we uncover in the near future?
From this last year?
And what about the I.R.S. audit?
Canyons Informer
I have been with Canyons for several years and no parent was notified of any fraudulent activity. And that was our money that vanished into thin air!
ReplyDeleteThe Board can't keep thinking this is going to blow over. They need to call a special meeting to address EVERY concern that has be brought up on this blog.
I WAS NEVER NOTIFIED! I WANT MY POUND OF FLESH! AND YESTERDAY!
DeleteAnd look at some of those other entries. I wonder who is filling up their SUV on Canyon's plastic?
ReplyDeleteAs a concerned parent I would like to personally commend the Anonymous tipster who brought this to C.I. for all to see. Well done.
ReplyDeleteI am talking to my attorney this Monday to see what we can do as parents to take the club back and possibly pursue other civil and criminal action.
Can you re-post the gutsy tip that led to this information? It would be helpful to have it on this thread.
ReplyDeleteMany thanks!
Yes. Posted below.
DeleteRe-posted by request:
ReplyDelete"My. Interest has been perked regarding the financial shape of this club. As a non-profit club thier financial records are public, this includes tax records. If you go to Guidestar.org and search for Canyons Aquatics, you will find their filed 990 forms for the years, 2009, 2010, 2011. Sign up for free and you can review these forms.
Read these and a whole new group of questions comes up... $9,569 for "fraudulent charges? What is that,who did it, and why aren't they in jail?
In 2011 (for 2010) the teams income was reported in excess of $782,000, and we still ended up $11,000 in the red. How is that possible? I keep hearing it's the pool rental that is killing us, but it was "only" $185,292.
At over 3/4 of a million dollars, (and this from 2010), this club is taking in some serious money. It's our responsibility, as parents, to ask questions , and make sure the best, most qualified people are running the program. This includes coaches, staff and board members.
I personally think we have a great coaching staff, but their hands are tied by the amount of kids they have in each group. How can we expect them to give personal attention to our kids when the are 49 other kids in the pool with them? They just can't. We need our board and coaches to figure out a way to get the coach-swimmer ratio down to a workable and safe level. If not we, as parents, have the option to stand up and demand a change or sit back and quit complaining. I hope that this whole "board" inspires, as opposed to excites, people to get involved."
When is the media going to run with this story? It needs some serious attention.
ReplyDelete