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For Parents

Connelly Makes CPA Association Look Like FOOLS!!!

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What Does It Take to Get FIRED?! The Executive Director of our state’s school choice program has NO IDEA how the program works. The above “letter” from #FireChadConnelly was posted on the SC Association of CPAs website.

The only problem … IT WAS COMPLETELY INACCURATE!!!

According to #FireChadConnelly, “you can redirect “ANY of the 73 South Carolina taxes that business pay to the Exceptional SC Scholarship Fund”. While in reality, and yes, we double checked with SC Department Of Revenue, ONLY “Income Taxes” and “Bank Taxes” are eligible for tax credit … NOT “Unprepared Food Tax” or any other …

We brought this to the attention of the SC Association of CPAs … and guess what … they removed the article immediately.  Connelly DUPED them once … not again!!!

CPAs will NEVER trust this guy!!!!

How can you be on the job over two years and not know how the program works! Perhaps this explains why FUNDRAISING has been so bad … Chad Connelly has no idea what he is doing!!! No wonder donors are staying away …

Is the SC Department of Revenue SUPERVISING this guy?!?!?!? The (not so) Exceptional SC Board obviously is not!!!!

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For Parents

$250,000 Lawsuit = Board Purge???

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Connelly, Kirkland & Page – PURGED FROM BOARD???

To be clear, we have no idea if the two are related … but it appears very coincidental that the week after a lawsuit asking for the return of $250,000 for scholarships … alleging EMBEZZLEMENT … we discover that #FireChadConnelly and the infamous “CPA” … Stephen Kirkland, CPA, CMC … are both GONE from the Board at Palmetto Family Council. Also gone is Randy Page (the Bob Jones University Chief of Staff and long-term associate of Chad Connelly’s) … with all this following the earlier departure of “Dr.” Oran Smith who joined full-time Ellen Weaver & Palmetto Promise Institute.

Of note, Palmetto Family Council no longer shares office space with Palmetto Promise Institute either.  

These were “school choice” cabal members at PFC that were all named as individual defendants in lawsuit(s) related to the ongoing fight to save this program and expose the corruption hurting families and schools. #FollowTheMoney!!!

We also don’t think these are “minor” changes.  These people were the core group in our observation at Palmetto Family Council … as far as we can tell they have all been at PFC for 20 +/- years.  It is a MAJOR shakeup.

the question is will (not so) Exceptional SC Board act and PURGE Connelly next??? 

 

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For Parents

Lawsuit filed asking for return of $250,000!!!

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Given Exceptional SC Board’s apparent unwillingness to address the issue (at least publicly), a lawsuit has been filed asking for the Court declare that Exceptional SC leadership has violated the simple mathematical 2% maximum of S.C. Code Ann. § 12-6-3790(B)(4) which states the “public charity may expend up to two percent of the fund for administration and related costs” … and to return approximately $250,000 that should have gone to children’s scholarships … but instead appears to have gone into the pockets of Executive Director Chad Connelly and his friends.

For a copy of the lawsuit … click HERE.

Not only has leadership at (not so) Exceptional SC cost children, parents and schools $7.45 MILLION in 2019 tax credits … they have also overpaid themselves (and their friends) an estimated $250,000 … with no apparent intentions to stop the excess spending or pay the money back.

As we have previously reported, CPA financial provided by the SC Department of Revenue demonstrate that $99,935 has been overspent for the fiscal year 7/1/2018 – 6/30/2019.

But it gets much worse when you analyze the current 7/1/2019 – 6/30/2020 fiscal year. An estimated $125,643 has been overspent in just the first 6 months of the current fiscal year … meaning we are approaching a grand total of almost a QUARTER OF A MILLION DOLLARS … that was meant for children’s scholarships.

As we always say … #FollowTheMoney … and stay tuned for more details …

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For Parents

SC DOR Confirms … No More Donations Accepted for 2019

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Although for some unknown reason leadership at (not so) Exceptional SC continues to ILLEGALLY solicit 2019 contributions on their website and in emails … the SC Department of Revenue confirmed with us last week that the unclaimed $7.45 MILLION in 2019 K-12 Tax Credits are now …. LOST FOREVER!!!

The above was the Department’s response to a Freedom of Information Act (FOIA) request seeking documentation permitting 2019 tax credits to be claimed in 2020 … as #FireChadConnelly has been telling donors.  Well, NO DOCUMENTS EXISTED … because it is NOT LEGAL!!!

The Department of Revenue further disavowed #FireChadConnelly’s January 17, 2020 email solicitation … for 2019 donations … stating specifically that the “Exhibit A” was not reviewed or approved by the Department of Revenue.  Furthermore, a tax credit may only be taken in the year in which the donation was made.”

But guess what … that does not stop #FireChadConnelly.  He is STILL telling donors and CPAs that they can donate for 2019.  Does he really think CPAs and Tax Attorneys are this stupid?!?!?!

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