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Comment on NH Attorney General Fully Absolves We Care Charity of Any Wrong Doing by Jay Srinivasan
Jay Srinivasan
Comments for INDIA New England News
Many times organizations tend to portray things which are advantage to them in press releases. The following points were NOT included in the press release , which is from AG of NH to We Care charity. I am waiting for amended tax returns from the AG's office. Stay tuned
QUOTE:
In addition, in August and September 2018 We Care Charity reversed several expense payments from prior totally $13.301.97. Ms Kalyani has paid that amount to We Care Charity. That income will reflected in the 2018 annual report. The expense reversals include items that could be considered questionable including a nonrefundable airline ticket, a portion of vehicle expense and payments for programs in India.
Finally, We addressed the following issues with We Care Charity
• New Hampshire charitable organizations must consist of a board of director of not less than 5 unrelated persons. RSA 292:6-a. We Care Charity is now in compliance with that requirement.
• Directors who receive compensation for services either must comply with the requirements for pecuniary benefit (conflict of interest) transactions, except that one director may serve as executive director without triggering that statute. RSA 7:19-a
We Care Charity has clarified that Ms. Kalyani serves as the executive director.
• Statements in publications as to the amount of services provided, expressed in volunteer hours or meals served, should be carefully calculated. We Care Charity now carefully calculates it services.
• The charitable Trusts Unit does not monitor services provided overseas by charities, but We Care Charity should exercise caution in complying with Internal Revenue Service and Republic of India requirements for programming in India. We care has temporarily ceased providing services in India until in clarifies its plans.
UNQUOTE:
We will know about the other reversals of expenses when we get the Amended tax returns. Stay tuned,
The very fact that WCC filed revised taxes from 2013 through 2017 proves, Board of advisors were correct in pointing out the accounting irregularities and practices. There is no word "Fully Absolved" anywhere in AG's letter.