CHARITY MONEY

Does anyone know what LHGCL plans to do with all that money?

OLJW wrote:Does anyone know what LHGCL plans to do with all that money?

What money?

Beer bust at the moontower... (JDL clubs only, sorry...)







Alright, alright, alright...

$800,000 cash, reported to the IRS in May 2015. It's been growing by about $200,000 per year for the last couple of years. Considering that they've given away about between 11,500-16,500 the last several years, asking what the 800G's are for seems like a reasonable question. Info's about a year old, if the trend held then they hit 1 mil with the year just past.

On the serious side I have no clue. Did not know anything about it. As long as the fields are green and in shape and the scores and schedules are taken care of I don't care.
On the non serious side when did Soapboxmom change her user name?

Wrong question really. Plano has twice as much money. They both give away $15 for every $1000 that they keep.

OLJW wrote:$800,000 cash, reported to the IRS in May 2015. It's been growing by about $200,000 per year for the last couple of years. Considering that they've given away about between 11,500-16,500 the last several years, asking what the 800G's are for seems like a reasonable question. Info's about a year old, if the trend held then they hit 1 mil with the year just past.

Hmmm very interesting...I've recently become aware of several wrong doings on lh's part.

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On the non serious side when did Soapboxmom change her user name?[/quote]

OCTOBER 20th 2016 lol

How about fixing the bathrooms or servicing the temporary facilities more than once a month?

Just because it is listed as a 'Charity' does not mean that the organization needs to operate month to month on a shoestring financially without reserves.  

Not to mention, it is not Charity work for the people who get paid and earn their living at this Charity.  I'm sure they want to make sure that there are reserves to pay their salaries for the next quarter or two.

Depending on what the annual operating costs are, (I have no idea what they are and don't want to spend time digging for it) $800,000 could be too much or too little.

I heard from a reliable source that the money has been spent on a cessna, currently parked at the JDL airport.

Also, I prefer the term tax-exempt over charity and nonprofit.

loveofthegame wrote:How about fixing the bathrooms or servicing the temporary facilities more than once a month?

You should inquire of UTD with regard to fixing the current bathrooms. I believe there is a plan to update the facilities (which may or may not be partially paid for by LH) just as some of the other amenities have been upgraded. Those of you that have been around for a while may remember the dirt lots, dirt (mud) path between the upper fields, and the old fields 7, 8, & 9. I doubt any of those upgrades were free to UTD (or LH). Maybe look past the current reserve and ask the board, "on what are you planning to spending that cash?"

The porta potties do get serviced often. Unfortunately the UTD college students use them as much if not more than the LH players and spectators. Check out the field usage every weekday and evening.