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For Parents

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

$31,999 Raised in October – WORST MONTH YET!!!

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OCTOBER FUNDRAISING  –  WORST YET  –  $31,999:  Friends … October was the worst fundraising month yet for the (not so) Exceptional SC Board.  Worse than even January 2020 … BEFORE they were even open / accepting donations.

October 2020 Fundraising: $31,999.00 = $1,032.23 / day

Below for your reference are the results from 2019.  It does not take a rocket scientist to conclude this is going to be a disaster … AGAIN. 

The (not so) Exceptional SC Board cost children $7.45 MILLION in 2019

… it now appears the (not so) Exceptional SC Board will cost children $10 MILLION +/- in 2020.

We call that … Board malpractice!!!

So why won’t they PUT THE KIDS FIRST?!?!?!?

So where is (not so) Exceptional SC:  Well … the (not so) Exceptional SC Board sent a few email blasts to parents and school officials back in September … after Chad Connelly was fired … pushing for the legislature to INCREASE THEIR FEES … clearly reflecting their priorities (#FollowTheMoney!!!),
… so we know the (not so) Exceptional SC Board knows “how” to send email updates.
So why then has the (not so) Exceptional SC Board gone silent …. again???

DON’T LET THE (NOT SO) EXCEPTIONAL SC BOARD OFF THE HOOK!!!  CALL THEM!!!

They asked for (or offered to do) the JOB.  So make them!!!

HOW CAN YOU HELP?:  

PLEASE – Contact the EXCEPTIONAL SC BOARD:  

  • Ask them if they will support INDEPENDENT NON-PROFITS
  • Ask them if they will meet to discuss a solution. 
  • Tell them they are killing the program.
  • Let them know what this is doing to your family.
  • It is not hard … but the time for them to speak-up is YESTERDAY!!!  

Betsy Fanning
Head of School, Trident Academy
bfanning@tridentacademy.com
843-884-7046 x111 (school)

Michael Acquilano, JD
Charleston Diocese
  MAcquilano@catholic-doc.org 
843-261-0535 (office)
843-709-2717 (cell)

Edward Earwood
Executive Director
SC Association of Christian Schools
eearwood@christianeducation.org  
803-798-7558 (office)
843-513-5010 (cell)

Dr. Spencer Jordan
Executive Director
SC Association of Independent Schools
administration@scisa.org  & sjordan@scisa.org  
803-535-4820 (office)

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For Parents

Senator Vince Sheheen – GONE!!!

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We have talked with A LOT of parents and friends in Senator Vincent Sheheen’s district (D – Camden) over the past few years … exposing his opposition to the K-12 tax credit program … and NOBODY was happy about what he has been doing to our kids … what he was doing to YOUR KIDS!!!

As you all know … Senator Sheheen lead the charge to KILL THIS PROGRAM!!!

Senator Sheheen is also the one who called Governor Nikki Halley a “whore” back in 2014 … but that is a different story about Senator Sheheen … just indicative of “who” he really is.

For video click image above or HERE

As for our program … as recently as September 23rd, 2020 … during the middle of a pandemic …  Senator Sheheen KILLED the SC House Amendment to help with a few minor tweaks.  Nothing big … just minor tweaks.  What arrogance!!!

For video click image above or HERE

Well … it cost him re-election … and now, one of the MOST POWERFUL legislators in the SC Senate is GONE!!! 

Will someone else step up to be “the voice” of the opposition to kill fixing this program?  Maybe … but we think they would be crazy to do so … so we shall have to wait and see.  We will however be ready!!!

THANK YOU PENRY GUSTAFSON … our “new” SC State Senator from Camden.  Penry is a good friend and we fully expect will be a HUGE supporter of this program and YOUR KIDS!!!

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For Parents

Governor Asks SC Supreme Court to Reconsider

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Well, for now … they are going to keep trying to FORCE the “failed” Government Run Education Savings Account (ESA or GRESA) process.

Don’t let the article title fool you.  Yes, it is the US Attorney for the State of South Carolina that has filed the brief … but “who” is the US Attorney for SC?

Peter McCoy is our US Attorney.  

Peter is good guy for all we know … we have no problems with him … but he was most recently a member of the SC House of Representatives.

And for some reason … HE DID NOT sponsor H 3202 / S 131 (the tax credit scholarship bill) … we did not push hard … and we guess due to the LIES spread by the “paid” advocates …

… but he did sponsor the “paid” advocates ESA / GRESA bill (H 3681 / S 523 / S 556) that has been a total disaster …  

… and then Representative Peter McCoy WITHDREW HIS SPONSORSHIP when he realized what a political disaster this ESA / GRESA bill was.

For the full bill and history click HERE

All those representatives and more got off that ESA / GRESA bill right after they had two hearings on it in the HOUSE.  We were there … it was a total mess. 

So … don’t be fooled by the ongoing efforts to push through the ESA / GRESA … we don’t think it is going anywhere.

Perhaps we need to REMIND the Governor’s Office that we have a 100% LEGAL, bulletproof, and PROVEN solution …

K-12 TAX CREDIT SCHOLARSHIPS run by IDEPENDENT NON-PROFITS!

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