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| Even funnier than he looks! |
I loved his column from Florida which was an alchemy of his wit and alert readers.
When you sent something to him (which I did twice) you received the kind response:
"This certifies that Mary Miller is an Alert Reader and should seek some kind of treatment immediately."
I too have an alert reader in John. Here is his latest submission under the Heading: Voodoo Accounting? Is this even possible?
"Chintimini Wildlife Center claims to be
the only “all-species” wildlife rehabilitation center in the Willamette
Valley between Salem and Eugene. CWC says they have suffered a 256%
decline in net revenue stemming from a 90% decrease in donations from
2021."
MY alert reader specifically sought my accounting based experience. Sadly (but very fortunately) I have had not a personal experience of calculating those kinds of results for any of my (comparatively fortunate) employers and clients.
So I put on my financial thinking visor and sleeve garters and came up with this response:
In my thought experiment (algebra became unwieldy) this could be explained by these possibilities:
CWC needs a competent financial person who does not mistake net revenue with net profit/loss
CWC needs an honest financial person who is not embezzling and using "creative" accounting
CWC had HUGE grants (which would be another source of funds)
last year in proportion to donations, and the grants were not continued
or were drastically reduced.
CWC recorded pledged donations last year, and then subtracted them the following year when they did not appear.
OR (this happened to Alice at Eugene Clinic): her little calculator was dying but bravely kept on "calculating", yielding inexplicable results which seemed wrong to her, which I diagnosed and confirmed.
In summary:
The possibility of these two numbers as reported are evidence of something(s) being very wrong.
Stop funding this Trump "charity" immediately.
love, m