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



UPDATE (1/27/2020 @ 5PM): Read the FitsNews article:

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. ( 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 – 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!!!


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 ( #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




We exposed these legal violations by the (not so) Exceptional SC Board in February 2020 … raised the ALARM that Chad Connelly was lining his pockets with scholarship funds intended for YOUR CHILDREN … and we now finally have the confirmation of what happened.

We sent a Freedom of Information Act (FOIA) request to the SC Department of Revenue and they provided us with this MEMO from Director Hartley Powell.

It clearly states the LAW …. and confirms that the (not so) Exceptional SC Board was violating the LAW.

Seven days latter … this “resignation” email was sent out by Board Chairman Tom Persons.

We will continue to track and PUSH this issue such that the “misappropriated” money is RETURNED … and the GUILTY PARTIES (which includes the entire BOARD of Exceptional SC) are held accountable. 


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For Parents

H 3899 Bill Filed … a JOKE!!!



Well, the legislators leading this fiasco showed their agenda AGAIN last week … and it is NOT ABOUT KIDS!!!

What did they do???

They “rewarded” the (not so) Exceptional SC Board with a QUADRUPLED INCREASE in their Administrative Fees …

And worse … they are removing the LEGISLATIVE APPOINTMENT language so the BOARD WILL BE PERMANENT … and legislators will be able to say “there is nothing we can do”?!?!?!

It is getting to a BREAKING POINT … they are getting DESPERATE … and this bill is perfect evidence of that desperation!!!

And if you think that is all bad … this is a FIRST IN THE NATION …

… they want the SC Department of Education to “donate” $12 MILLION to (not so) Exceptional SC. SAY WHAT???

Read it … it is right there in the title of the bill (picture up top) … or read the bill here

Insanity!!!  Another square peg in a round hole. ANYTHING except what every other state does …


“Who” is behind it?

Rep. Jason Elliott (R – Greenville)

Rep. Shannon Erickson (R – Beaufort)

It is personal folks … and these legislators care more about their personal vendettas and their “monied” SPECIAL INTEREST supporters … than they do about YOUR KIDS!!!

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For Parents




Well, we are getting reports from parents and school officials that the checks that are going out are approximately 20% of tuition.

Why would (not so) Exceptional SC not tell parents how much specifically they were receiving … or even generally how much … we can only speculate … but we are hearing the amounts are approximately 20%.

The home stretch of the 2020-2021 school year is here … the promised funding is not … there is not even a plan in place on what to expect …. other than the pitiful 20% no communications whatsoever!!! Politics over children … AGAIN?

We offered a solution … to raise the full 2020 $12 million by 12/31 …. and next year’s $12 million in early January 2021.  That was $24 MILLION by 1/31/2021!!! Well … they knew better … NOT!

Yet YOU lost $7.5 MILLION in 2019 … $8 MILLION in 2020 … and with the current fundraising pace … YOU will lose even more in 2021.

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