A gentleman from RLF was very defensive when I wrote about this a month
back.
He said that RLF runs because of its staff and the salary should not be
questioned.
He didn't acknowledge that RLF had created the blueprint for the Mall
demolition
that was presented in a public meeting in Donaldson
Sara,
I think the answer is right there in the Charity Navigator report that
you linked:
Financial Metrics
Full Credit
Partial Credit
No Credit
Liabilities to Assets: Ratio - 70.52%0 out of 15 points
The Liabilities to Assets Ratio is determined by Total Liabilities divided
by Total Assets
I’m not sure how my name got at the end of this post, but this is not my
statement.
On Tue, Dec 19, 2023 at 11:48 PM Sara Mattes wrote:
> Here is another statement about revenues.
> It appears that except for the COVID year, the revenues exceeded expenses
> for the RLF.
> How could that be if
Here is another statement about revenues.
It appears that except for the COVID year, the revenues exceeded expenses for
the RLF.
How could that be if the tenants, who have been there for some time (Something
Special has been there 47 years!) were paying enough rent to make the total
operation
