Dave Surls
2011-04-30 20:34:57
I looked into the Central Asia Institute a bit, including some of their 990′s for the past few years, and I would not recommend donating money to this charity.
Just looking at one year, 2005, the organization appears to have brought in around $1.6 million in gross receipts, and yet they paid Mortenson over $100,000 in direct compensation, while only around $620,000 was spent on overseas school expenses.
https://www.ikat.org/wp-includes/documents/Financials/990FYE9-30-06.pdf
I’m not a financial guy, and maybe I’m reading it wrong, but this does not look too kosher to me.
