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CPA & SCDOR Report Shows Chad Connelly Misappropriated $99,935?

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UPDATE (1/27/2020 @ 5PM): Read the FitsNews article: https://www.fitsnews.com/2020/01/27/sc-school-choice-battle-misappropriation-allegations-greeted-by-lawsuit-threat/

Wow … just when you thought it could not get worse at (not so) Exceptional SC … SCDOR & the CPA release their annual January 15th, 2020 “report” on the program.

And the “Report” is a virtual treasure trove of malfeasance.  We will have more to come … but the BLOCKBUSTER is the apparent FINANCIAL ABUSES by leadership at (not so) Exceptional SC!!!

Click HERE or picture above for FULL report

Section 12-6-3790 (B)(4) of the ECENC law states “The public charity may expend up to two percent of the fund for administration and related costs.”

The legislative appointed Board Chairman Tom Persons (appointed by Senator Hugh Leatherman) has actually asked legislators for more administrative fees … yet that request has fallen on deaf ears with a resounding NO!!! But it appears they “took” the money anyhow … and took it out of the scholarship funds intended for the kids.

Attached to the 2018-2019 ECENC report were Compiled Financial Statements for the “ECENC Fund” (aka Exceptional SC), issued by The Hobbs Group, P.A. (www.HobbsCPA.com). The report indicates that (not so) Exceptional SC spent in excess of the allowed 2% for administration and related costs – to be exact, by looking at the statement and after doing a simple math (see below), it appears that $99,935 was misappropriated. With raising $11,575,509 in donations allowed expenses should have NOT exceeded $231,510, yet per SC DOR, Exceptional SC charged $331,445!!!

Note that the CPA exhibit clearly indicates that $183,578 of “Contract Services” was charged as an expense against SCHOLARSHIPS. Basically the former SCGOP Chairman #FireChadConnelly is taking money from the 98% of scholarships to pay himself!!!  Yes, it appears Chad gets paid via “Contract Services” … as the $31,500 appears to be for Administrator Becky Fleming (from the political group First Tuesday Strategies – www.firsttuesdaystrategies.com). Are they above the law???

Board Chairman Tom Persons (aka #RemoveTomPersons) has famously claimed that they are an all volunteer group … and personally told us that NOT ONE DIME IS BEING SPENT ON EVEN A HOT DOG … but the CPA / DOR report clearly demonstrates that for the 12 month period … (not so) Exceptional SC spent … $331,445 in expenses.

$331,4445 is a lot of hot dogs Mr. Persons!!!

IN RESPONSE TO THE SENATOR HUGH LEATHERMAN APPOINTEE CLAIMING THEY ARE AN ALL VOLUNTEER GROUP AND NOT ONE DIME IS BEING SPENT ON EVEN A HOT DOG.

This image has an empty alt attribute; its file name is 2020-01-23-Analysis-v1-995x1024.jpg

Remember when we reported about #FireChadConnelly getting paid $45,200 for two months of work? Well, now it all makes sense … not only did #FireChadConnelly spend $331,445 to “run” Exceptional SC into the ground …  he with the apparent support of #RemoveTomPersons spent $99,935 more than the law allowed to cover his own salary, the administrator Becky Fleming and apparently one other “contractor” … the political operative Dave Wilson from McAlister Communications (www.mcalistercommunications.com). #FollowTheMoney!!!

So … the questions remain, how many jobs does #FireChadConnelly have and did the Exceptional SC Board approve the apparent misappropriation of $99,935 … or did Connelly take the funds without permission???

Exceptional SC Lawyer Response … SILENCE!!!  We reached out to the lawyer at (not so) Exceptional SC …. in case they wanted to respond or clarify anything … and complete SILENCE.  We offered more time to review the report … BUT WE THINK THEY ALREADY KNOW THEY ARE CAUGHT!!!  Our prediction is that this his is not going to be pretty or the likes of #FireChadConnelly or #RemoveTomPersons!!! 

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For Parents

“Real” School Choice Bill Is Here

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County Republican Parties (although this should not be a partisan issue) from around South Carolina are  coming together to support “real” school choice … and to FIX the (not so) Exceptional SC debacle.

On Monday, December 6th, 2021, Senator Tom Davis (R – Beaufort) filed S903 … the PACE Scholarship Bill.  Senator Brian Adams (R – Dorchester / Berkeley) who has been working with our friends in the Dorchester County Republican Party promptly joined on.

P.A.C.E Scholarship, a $100 MILLION school choice scholarship tax credit bill is out. 

>  $25 Million for Exceptional Needs (our hot issue)

>  $25 Million for Disadvantaged / Low-Income

>  $10 Million for Home School

>  $40 Million for Kids moving from Public to Independent Schools (just like in Georgia)

https://www.palmettokidsfirst.org/wp-content/uploads/2021/11/PACEBill.pdf

The below graphic is the general structure.  For our families, no real change except that Exceptional SC will be gone (finally) and INDEPENDENT NON-PROFITS will raise the tax credit donations and issue scholarships.  Same qualifications to receive a scholarship … and same $11,000 maximum … only difference is this structure works everywhere!!! 

Email or call us with any questions.  We will let you know how you can help make this a reality in the coming weeks.  #NeverSurrender!!!

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For Parents

PKF FLASHBACK: “Who” Recommended this (not so) Exceptional SC

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FLASHBACK – “Who” Destroyed SC Private School Choice Program: Remember, it was May 2016 … the Department of Revenue had already finished their nefarious politically targeted faux “audit” of Palmetto Kids FIRST.  The Department, obviously working on behalf of nefarious legislators, claimed they wanted “peace” and just compliance with the law (although we did comply completely by the way, which is why they refused to shut us down as then we would prove it in COURT).  But in the last 45 MINUTES of the SC Legislative Session that year, the proposal was brought up and passed to give 100% control the the GOVERNMENT … 100% control of the ENTIRE PROGRAM.

They couldn’t shut us down, they couldn’t stop us from raising the tax credits and issuing scholarships, they couldn’t stop us from making the program successful … so they proposed taking over the ENTIRE PROGRAM … and where are we today???  Complete failure and the Nation’s Worst Rated Independent School Choice Program.

YES, these nefarious parties (generally Republicans and their “monied” special interest and “paid” advocates) got everything they wanted … they DESTROYED independent school choice in SC … and many lives and schools in the process.  

And guess “who” came up with and/or supported the idea that DESTROYED independent school choice in SC … as an “Independent Conservative Think Tank” … Jim DeMint, Ellen Weaver & Palmetto Promise Institute!!!

https://www.palmettokidsfirst.org/wp-content/uploads/2021/10/2016-05-2X-PPI-Legislative-Analysis-ECENC.pdf?ct=t%282021-10-30+-+Palmetto+Kids+FIRST%29

#FollowTheMoney

You won’t find that “Legislative Analysis” on the Palmetto Promise Institute website anymore … nor will you find the multiple other MAJOR “flubs”.  They really are WRONG on A LOT of things … and history has proven it … and we have saved it all.

REMEMBER THIS DEBACLE?  It was our October 1, 2016 Saturday Morning Parents Update.  Ellen Weaver & Palmetto Promise “congratulated” Nevada … they were legitimately happy with the result even though all the kids suffered and the PROGRAM was completely shut down … and NO CHILDREN ever received a scholarship. 

It was the biggest debacle in School Choice History (perhaps until Tennessee in 2020 which they supported too).

On September 29th, 2016, Ellen Weaver & Palmetto Promise “congratulated” Nevada … while that same day the Republican Governor of Nevada confirmed the ruling KILLED the ESA program … and the Republican State Treasurer who had pushed for the program APOLOGIZED to the families hurt by this whole debacle.  But Palmetto Promise was happy???  It really is sick.

SUMMER 2020 – the $32 MILLION Debacle:  And nobody is going to forget the debacle last summer … and the $1.4 MILLION ClassWallet “contract.  That was another brainchild of the FAIL policies of Jim DeMint, Ellen Weaver & Palmetto Promise Institute.

It is all pretty sick stuff … but why do we care?  Because this week SC State Superintendent of Education, Molly Spearman, announced she will not be running for re-election.  Ok, so what?

Well … Ellen Weaver is rumored to be running for the position.

She / they / the “monied” special interest want her to RUN all of SC Education!!!

Is this what the call “failing up”???

More to come … but stay tuned!!!

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For Parents

Only $165,579 raised in September

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Friends, it is not really getting any better is it? 

Our personal SC State Representative, Jason Elliott (R – Greenville) … not someone we like anymore as he has lied to us for years now and is working with his PAID ADVOCATE “masters” at Palmetto Promise Institute (Jim DeMint, Ellen Weaver & “Dr.” Oran Smith) … promised that his bill H 3899 that became law on May 17th, 2021 would fix everything. 

IT HAS NOT!!! 

On September 14th, 2021, (not so) Exceptional SC announced that there would be NO FALL SCHOLARSHIPS.  Why?  Because they don’t have the money because Rep. Jason Elliott’s H 3899 was a LIE and a COMPLETE FAILURE!!!

#FollowTheMoney!!!!

We dug the top picture up from the archives … what Jason told us a while back.  The schools are satisfied???  #Really???  He doesn’t respond anymore … curious why?  Sad …

And this from last summer / fall.  Remember Jason & Palmetto Promise Institute‘s other bright idea.  A lawsuit was filed the day after their idea was announced … and the trial court IMMEDIATELY SHUT IT DOWN!!!

And a few months  later in October the SC SUPREME COURT ruled their MONIED SPECIAL INTEREST plan UNCONSITUTIONAL!!!

But guess what … in September 2021 … they have figured it out now???  Back pushing the same MONIED SPECIAL INTEREST PLAN!!!  Anybody buying this???

Shame on YOU Rep. Jason Elliott!!!

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