Re: Larry Salone and the East Broad Top Preservation Association (attention South Park!)

Hello Chris,
May I add a few things to your list of 5?
SIXTH:There are over a half dozen errors on the 2011 form 990. These are so obvious it almost looks like done on purpose to blame IRS for shutting down operation and then filing bankruptcy and leaving with a bundle of cash. Bankruptcy tends to be some people's business plan. Maybe it worked out well before? Examples of a few errors on Tax Form that should jump out to anyone. Page 11, Part X line 16 must equal line 34, it doesn't in Column B. Line 26 same part and page, column B liabilities to should equal Page 1 Line 21 Liabilities, it doesn't. Again on Page 11 Part X Line 33 Column A must equal Line 4 Part XI. Do I need mention more I could if necessary. Also notice Total Revenue stated differently in different places as is Total Liabilities. There are many other discrepancies but would need all previous years to consolidate and correct Retained Earnings and Total Net Assets. It is curious that all errors reflect worse condition than really exists.
As Far as Statement of Expenses and Balance Sheet there are many items there also that would have a first year IRS auditor licking their chops. How does a business with only 32,000. in inventory for sale have over 200,000. in accounts payable and more surprisingly at the end of the season when all accounts should be satisfied. And how does this amount get paid by shuttering the operation? Many unanswered questions and many more reasons there should also be a minimum of 3 Directors in all organizations. Well I better wrap it up, drop me a line if anyone has any comments or questions. Wishing your day and future are better than the Unfortunate EBT's