[Oe List ...] ICA US Objective data

[Lawrence Philbrook]

Dear Don

Thank you this is the first time i have seen a number.  ICA USA is in 
debt by approximately $4 million dollars plus or minus the values of 
assets.  $4 million in debt plus an inability by the board or staff to 
shift the patterns of the past 15 years instilled the panic which led 
the board to let everyone go.

Now that the dust has cleared a bit and the board has figured out a way 
out of debt or manage it they are asking all the players both staff and 
movement to come back together in October to decide how to move forward.

Is this a clear statement of the current situation?

With respect, Larry

dpelliott at aol.com wrote:
> /_It has bothered me for all these months that the board acted upon 
> the advice
> of a consultant to solve the financial crisis by firing the entire 
> program
> staff but keep the bookkeeper, receptionist and janitors. Who did they
> imagine would run the programs that generated the revenue to pay the 
> bills
> plus the salaries and benefits for the bookkeeper, receptionist and
> janitors.? I sure their consultant did not have a clue.
>
> _/I don't know who wrote this, but I can explain, quite simply, that 
> the "bookkeeper(s)" were kept on to finish the books for the year and 
> prepare for the audit.  They are now gone.  The receptionist and 
> Kemper building maintenance staff are recessary to keep the building 
> running, and are paid out of the rent money.  The programs did not 
> generate enough revenue to cover the salaries of the program staff, 
> let alone, all the other things you mention.  Once again, we have been 
> losing about $250k every year for the last fifteen years, and are 
> trying desperately to forge a viable future.
>
>
> A start will be the "Living Legacy" event.  Hope to see you there.
>
> Don Elliott
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