Dance Marathon Is A Ponzi Scheme
by: fdancemarathon
Check out Dance Marathon's Form 990 on their website
This is an organization which is tax exempt meaning they pay no taxes of any sort.
The total amount of money spent on salaries was 21 million of 49 million total raised. With 207 employees, that means each employee is taking home six figure salaries 100k plus if the amount is divided evenly (which it 100% is not).
Why would you contribute to an organization which pockets 50% of donations to payroll a few employees six figure salaries.
Their financial expenses also have no audit provided and total up to 9 million dollars meaning approximately 30 million of the 49 million is completely unaccounted for.
Post Reply
Before you type: Please do not post individual names, defaming content, or spam. Remember, cyber bullying can be considered a crime.
YOU MAY ALSO LIKE
Didn't find your school?Request for your school to be featured on GreekRank.