6/19/2009

Ron Dart Emergency Notice

Ron Dart, age 78, GTA's former favorite sidekick, blares the following warning at RonDart.com to the world:

"Emergency Notice. The Born to Win Website is broken and our Webmaster is sick. So until further notice, the Born to Win site will forward here so we can stay in touch. Our email is working fine, as are the phones, and we can provide every service, but we are having to shift how we provide audio services. I will be notifying our email list and issuing updates there. And we will post stuff here as well--but I will keep this at the top of the page. Don't know exactly what is wrong, but it may take a while to fix. Don't lose touch. If you are new to this site, have a look around. There is a lot here. If you don't have an email address, use the "Comment Here" link at the upper right. Hang in there. We'll be back."

In that case, we'll just have to content ourselves with taking a look at Ron's tax Form 990 accountability reporting:


PeriodTotal RevenueTotal Expenses
Nov. 1, 2005 - Oct. 31, 2006$1,622,422$1,543,110




Nov. 1, 2004 - Oct. 31, 2005$1,756,737$1,386,554




Nov. 1, 2003 - Oct. 31, 2004$1,341,652$1,270,075




Nov. 1, 2002 - Oct. 31, 2003 $1,217,370 $1,343,955




Nov. 1, 2001 - Oct. 31, 2002 $1,145,929 $1,212,733




Nov. 1, 2000 - Oct. 31, 2001 $1,141,898 $1,135,236




Nov. 1, 1999 - Oct. 31, 2000 $1,122,839 $1,056,658




Nov. 1, 1998 - Oct. 31, 1999
$971,457 $1,021,545




Nov. 1, 1997 - Oct. 31, 1998
$890,102 $863,561


Mr. Dart has been doing quiet well for himself and his CEM creation. According to these 990 tax reports, he has garnered in at least nine million dollars in the last decade...

But what about his latest 990 return, reporting accounts through Oct 31, 2007?

Ron reports total CEM income of $1,412,992. CEM net assets at the end of October 2007 totaled $475,021.

Total compensation of CEM current officers and key employees totaled $207,246. Ron pays himself and wife CEM Vice-President Allie a combined salary of $107,955. The Darts also together take employee benefits or deferred compensation in the amount of $17,350. Ron also gives an expense account to himself (but not Allie) amounting to a generous $30,772 for 2007.

Not included in the above compensation was $19,200 put towards the CEM pension plan. (We can only hope the future payments for retired CEM employees aren't discretionary as is the Tkach WCG pension plan.)

Other CEM employee benefits not itemized or included on above lines 25a-27 amounted to $74, 262.

Overall travel expense claimed for 2007 was $20,886.

CEM also reports 100% business use of a 2005 Cadillac (cost basis $37,116) and 2006 Honda ($27,610).

Any Worldwider interested in looking at these annual CEM 990 reports, with additional unreported information, may do so without charge through Guidestar at the following link: www.Guidestar.org

1 comment:

larry said...

well, lets see, ambassador college pasadena is now maranatha high school.
the underground parking garage now has a high school football field on top of it, complete with lights, stands and artificial turf.
they play there every FRIDAY NIGHT!
ambassador auditorium is now rock of something. it sits dying a slow unappreciated death, awaiting the wrecking ball.
the hall of administration is empty.
all of the lavish condos are empty.
there are half a dozen for rent or sale signs in the front.
i post this to say that all of the property that was paid for and owned by the PEOPLE has either been stolen outright or sold by straw men and the cash siphoned off.
where did the cash go?
why did ambassador have to die?
LOOK EAST MY FRIENDS, LOOK EAST!
azusa-pacific college!
a tiny bankrupt bible college that had NO ACCREDITATION, suddenly became ripe with CASH!
once for sale at a clearance price, today: BOOMING!
what do these schools have in common?
TKACH=PHD APU
FEAZELL=PHD APU
ROGERS=PHD APU
DEAN OF APU=RUSSELL DUKE
APU BOARD OF DIRECTORS=SPIELBERG RELATIVES
JOE'S SECRETARY=SPIELBERG RELATIVE
HEADQUARTERS OF WCG=APU
AMBASADOR CENTER=APU
MINISTER'S CHILDREN SCHOLARSHIP=APU
HMMMMMMMM, THERE'S SOMETHING HERE, I JUST CAN'T SEEM TO POINT MY FINGER AT IT!