Treatment Abuse, Behavior Modification, Thought Reform > Hyde Schools
HYDE SCHOOL Questions about Finances
Anonymous:
--- Quote ---On 2005-11-30 10:06:00, Anonymous wrote:
"
--- Quote ---
On 2005-11-30 06:39:00, Anonymous wrote:
"That's fine. Let them make their money, but stop lying about the financial condition of the schools and themselves to get more from the parents/alumni!"
--- End quote ---
And the lies again are?
If Hyde only has a few years operating expenses and many schools have 2x, 3x or more, where is the lie?
And what if their infrastructure needs $50M of critical repairs and upgrades, again, where is the lie?
Anyway, given that all this information is PUBLIC in the first place, I just don't see the lie, so please fill us in!
Anyone remotely familiar with the finances of corporations knows that organizations can have a substantial asset base, significant revenues and still be financially troubled (or stated differently, in constant need), if indeed, that is what they are saying.
"
--- End quote ---
Put on your glasses. It is stated in this post what the lie is. I agree with the poster that the Gauld's seem to cry poor mouth at every Family Weekend! This is not the case and as you have Because you challenged us to look at other schools and compare, (on Guidestar.org) I did just that. Hyde's expenses for fundraising, travel, conventions is much higher on a percentage basis then the ones that I have looked up so far. This is not to say that there aren't other Non profits whose expenses are excessive.
I am glad all of this has come out whether we disagree or not. It is another way for prospective parents to look at ALL the research and make a smart decision on where to place their teen.
Good luck to all of you. This board is terrific!
Anonymous:
--- Quote ---On 2005-11-30 10:06:00, Anonymous wrote:
"
--- Quote ---
On 2005-11-30 06:39:00, Anonymous wrote:
"That's fine. Let them make their money, but stop lying about the financial condition of the schools and themselves to get more from the parents/alumni!"
--- End quote ---
And the lies again are?
If Hyde only has a few years operating expenses and many schools have 2x, 3x or more, where is the lie?
And what if their infrastructure needs $50M of critical repairs and upgrades, again, where is the lie?
Anyway, given that all this information is PUBLIC in the first place, I just don't see the lie, so please fill us in!
Anyone remotely familiar with the finances of corporations knows that organizations can have a substantial asset base, significant revenues and still be financially troubled (or stated differently, in constant need), if indeed, that is what they are saying.
"
--- End quote ---
Ok, lets turn this back on you to prove some of your statements.
Where do you get your info that Hyde only has a few years operating expenses and many schools have 2x, 3x or more. Show us your proof not only about Hyde, but the "many schools" you are talking about. If you are right, then my hat is off to you.
You say that because this is public, you don't see the lie. Is it truthful when Joe Gauld says to the whole student population that he is not a rich man and never will be because of the path that he has chosen? Is it true that the school is in dire need of funds? Please show us the proof.
Anonymous:
--- Quote ---On 2005-11-30 12:25:00, Anonymous wrote:
"
--- Quote ---
On 2005-11-30 10:06:00, Anonymous wrote:
"
--- Quote ---
On 2005-11-30 06:39:00, Anonymous wrote:
"That's fine. Let them make their money, but stop lying about the financial condition of the schools and themselves to get more from the parents/alumni!"
--- End quote ---
And the lies again are?
If Hyde only has a few years operating expenses and many schools have 2x, 3x or more, where is the lie?
And what if their infrastructure needs $50M of critical repairs and upgrades, again, where is the lie?
Anyway, given that all this information is PUBLIC in the first place, I just don't see the lie, so please fill us in!
Anyone remotely familiar with the finances of corporations knows that organizations can have a substantial asset base, significant revenues and still be financially troubled (or stated differently, in constant need), if indeed, that is what they are saying.
"
--- End quote ---
Ok, lets turn this back on you to prove some of your statements.
Where do you get your info that Hyde only has a few years operating expenses and many schools have 2x, 3x or more. Show us your proof not only about Hyde, but the "many schools" you are talking about. If you are right, then my hat is off to you.
You say that because this is public, you don't see the lie. Is it truthful when Joe Gauld says to the whole student population that he is not a rich man and never will be because of the path that he has chosen? Is it true that the school is in dire need of funds? Please show us the proof."
--- End quote ---
Um, you or someone here asserted the "families" had made a "fortune". I do not claim to have information that they don't, nor am I going to try and disprove something that you choose to believe--you can believe whatever you want. But I do know that you can't make any real conclusions on the weak information provided. The original poster needs to prove their assertions, and if you can't see that what they have provided is far from even suspect, well what can I say. I look forward to your other posts on UFOs.
Anonymous:
The proof seems to be on Guidestar.org for Hyde Woodstock, Hyde DC and Hyde Bath. There is no doubt that there are tremendous ependitures that are suspect on the 990 form!
As other posters have said, this is just the icing on the cake and is not as important as the neglect that exists at the school/program.
Anonymous:
--- Quote ---On 2005-11-30 16:09:00, Anonymous wrote:
"There is no doubt that there are tremendous ependitures that are suspect on the 990 form!"
--- End quote ---
Such as?
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