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Need help from expert researchers.
Strange patterns and info on The Election Center's financials.
(The Election Center is the quasi organization that is supposed to educate and inform election officials, but takes money from Diebold, ES&S and Sequoia)
It appears that their cash on hand keeps growing, and they show "unrealized gains" on their 2003 990, and that could mean that they own stock.
How do I find out what companies they own stock in? Could it be the voting machine companies?
Fact: Election Center's finances from the last few years.
Their income and expenses were about the same until 2000, since then, they've raked in about $600,000 that they're
just sitting on at this point. By now they could operate for about two years without having to get any more money.
In their 2003 IRS filing, fully one-sixth of their
money from the last four years came from investments and large
donations. This includes $65,000 from groups that each donated totals
larger than $11,700.
Info from their tax filings (990's)
Year 1997
Income
conferences 178,564
prof educ tuition fees 49,729
membership dues 107,159
interest(savings,invest) 470
subtotalincome 335,922
total expenses 281,519
cash beginning of year 78,670
cash end of year 135,319
_______________________________________
Year 1998
Income
prog service rev,incld govt fees&contracts 198,661
prof educ tuition fees
membership dues 115,560
interest(savings,invest) 278
subtotalincome 414,499
total expenses 345,440
net assetts or fund bal begin of year 149,040
net assetts or fund bal end of year 218,099
cash beginning of year 135,319
cash end of year 209,450
_______________________________________
Year 1999
Income
prog service rev,incld govt fees&contracts 257,625
conferences
prof educ tuition fees
membership dues 125,923
interest(savings,invest) 2,628
subtotalincome 386,176
total expenses 350,288
net assetts or fund bal begin of year 218,099
net assetts or fund bal end of year 253,987
cash beginning of year 209,450
cash end of year 248,281
_______________________________________
Year 2000
Income
prog service rev,incld govt fees&contracts 298,438
conferences
prof educ tuition fees
membership dues 125,102
dividend & interest from securities 11,809
subtotalincome 435,349
total expenses 413,728
net assetts or fund bal begin of year 253,987
net assetts or fund bal end of year 275,608
cash beginning of year 248,281
cash end of year 272,025
_________________________________________________________
Year 2001
Income
prog service rev,incld govt fees&contracts 483,824
conferences
prof educ tuition fees
membership dues 152,311
interest(savings,invest) 10,381
subtotal income 646,516
total expenses 490,194
net assetts or fund bal begin of year 275,608
net assetts or fund bal end of year 431,930
cash beginning of year 272,025
cash end of year 430,191
_________________________________________________
Year 2002
Income
prog service rev,incld govt fees&contracts 456,248
conferences
prof educ tuition fees
membership dues 151,325
interest(savings,invest) 4,805
dividends and interest from securities 1,177
subtotalincome 613,555
total expenses
net assetts or fund bal begin of year 431,930
net assetts or fund bal end of year 583,025
cash beginning of year 430,191
cash end of year 581,682
_________________________________________________
Year 2003
Income
prog service rev,incld govt fees&contracts 562,221
conferences
prof educ tuition fees
membership dues 156,739
interest(savings,invest) 1,328
dividends & interest from securities 6,196
subtotal income 726,484
total expenses 510,660
net assetts or fund bal begin of year 583,025
net assetts or fund bal end of year 894,254
other changes in net assets or fund balances 142,916 *unrealized gains
cash beginning of year 581,682
cash end of year 874,759
net assets or fund balances at end of year 894,254
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