arkstfan
Sorry folks
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RE: 2016 New CUSA Budgets - USA Today
(07-07-2017 11:15 AM)WKUYG Wrote: (07-07-2017 09:30 AM)arkstfan Wrote: (07-06-2017 11:28 PM)dahbeed Wrote: (07-06-2017 09:58 PM)WKUYG Wrote: (07-06-2017 09:49 PM)dahbeed Wrote: What's the over/under on the ArkyState internets po-po pull you over for mentioning them? Officer Arkstfan arriving in ...... Or maybe my boy Winston the Woof.
He's (Winston) negatived rep me I believe 10 times out of 21 that I have and BamaScorpio69 6 times. Guess I rub them the wrong way.
Ark St fan must be busy because we been doing this for freaking 12 years. I post about their numbers and POP! there he is. Chief use to do it often also. Use to tell me they are different the "Ark St way"
I forgot about Chief. I believe he's the editor of the Arky State Pravda. He and Arkstfan can explain anything into an Arky State windfall. I wish I could buy a set of the red colored glasses those guys wear. They'd make me a little more forgiving when we pull a Western.
WKUYG just has a hate boner for us. I've given him the IRS tax return numbers for our booster club and he says BUT USATODAY. Then when USATODAY numbers look good for us he calls bull****.
Whatever.
We picked up nearly $5 million when Centennial Bank bought Liberty Bank and paid the entire naming rights fee remaining upfront as part of the closing costs of the transaction. Picked up another $5 million when the owner of Centennial Bank wrote a personal check for $5 million. Losers want to say its fake accounting.
The numbers USA today use is numbers each school files with the government. And even with the one time $10,000,000 from the bank that would be under Contributions & Rights / Licensing. I will repeat this one more time. Ark St is listing building funds in with their numbers and one time donations. I know for a fact at Western those are not counting in as Revenues. Houchen paid $5,000,000 for the naming rights to Western's stadium in 2007 but you will not see that in Western's numbers.
Western is adding new video boards in Diddle Arena and for football at the cost of 2.5 million dollars. Paid for by private donations. You do not see that in the numbers on USA Today.
Below is what you sent me...it's far from a public doc but I take your word those numbers are correct. So tell me which government form is Ark ST lying on? The IRS or the ones USA Today got from ask or a open records request?
If you click on the breakdown of the numbers below is the amount being spent by Western and ARK ST. in the most common forms...Coaching / Staff, Scholarships, Facilities / Overhead.
Western
$9,644,170
$6,335,700
$3,500,730
ARK ST
$7,201,988
$6,755,420
$2,061,827
Yet ARK ST is spending $27,082,809 in OTHER which is 19 million more than 2 years earlier.
As I said Ark St is adding in building funds where other schools don't do that. At least not Western
Below is the "IRS" numbers Arkstfan sent me
arkstfan Away
Sorry folks
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Posts: 19,509
Joined: Feb 2004
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I Root For: Fresh Starts
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AState tax returns.
To: WKUYG
From 1099's filed with the IRS by the Red Wolf Foundation.
Year is what year it was in July when the fiscal year started.
This is from the revenue line of each return, it is signed under penalty of perjury and the risk of prosecution for filing a false return.
2002 $1,520,699
2003 $1,822,344
2004 $1,517,000
2005 $1,561,806
2006 $1,348,602
2007 $1,583,110
2008 $1,572,927
2009 $2,435,279
2010 $2,183,311
2011 $2,657,240
2012 $3,288,308
arkstfan Away
Sorry folks
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Posts: 19,509
Joined: Feb 2004
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I Root For: Fresh Starts
Location:
More tax
To: WKUYG
2013 $5,543,925
2014 $6,071,620
2015 $7,500,866
Then WKU isn't filling out the form correctly. If you look at the way the NCAA wants it completed, capital costs are supposed to be included. If you borrowed money to build it is required to be included in expenses.
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