Treatment Abuse, Behavior Modification, Thought Reform > The Ridge Creek School / Hidden Lake Academy

Dire Prognostications / Treatment Center Mathmatics

(1/3) > >>

Troll Control:
Currently, HLA's population is running at about 125 attendees.  ROI metrics for HLA's business model indicate that 120 attendees is their break-even point.

Some 26 kids are slated to "graduate" next month and best estimates indicate 20-30 withdrawals early in the first quarter of the new year, resulting in a population (accounting for current enrollment rate) of 90-100 attendees total population next year.  This situation is reportedly financially untenable for the facility.

A recent prediction by one of HLA's financial officers is that HLA will "go under" by "February 1st."  I'm not sure of the exactness of this timeframe, but it is the estimation of those that hold the purse strings.  They probably know better than I...

RobertBruce:
If that's true I'm guessing that Big Brother will want to take as many people down with him as he possibly can.

Anonymous:
that would be a good assumption IF all of the students were a pay as you go each month...but remember, LOTS of scholarships AND people that have pre paid the program (money already spent by school) and remember you pay the last 3 months of the program in the "deposit"...so out of those 125 students only about 80 of them are monthly payers...and some of them are not even full pays!
feb...hmmm...
i do actually think that he has $$ stashed away and it will miraculosly (sp) be pulled out at least for another couple of months...but who knows!!!
only time will tell!
but no matter what happens
WE REAP WHAT WE SOW and KARMA IS A BITCH AND HAS A HECK OF A MEMORY!!!

Troll Control:
I'm told HLA is now down to under 100 kids.

Deborah:
Hidden Lake Academy hit hard by lawsuit
By Matt Aiken
 
Hidden Lake Academy hit hard by lawsuit
Tough times have descended on Hidden Lake Academy since the introduction of a lawsuit which accused the school and its founder Len Buccellato of unscrupulous dealings.

A recent counterclaim filed by the school's legal team of King and Spalding detailed the institution's current struggle, which has resulted in a sharp drop in enrollment, employee pay cuts and a slew of terminations.

The response, filed in the Gainesville branch of the United States District Court, claims that this damage has resulted in an average loss of funds nearing $1.8 million.

Hidden Lake Academy is a year-round boarding school located off of Camp Wahsega Road.

The school's Web site describes the facility as an institution that provides a ?five-part 18-21 month program [which] gives students from 12 to 17 the life skills they need to reach their full potential and face the future with confidence.?

While recent charges have placed that claim under scrutiny, it is certain that HLA provides a large amount of jobs for local residents.  
 
In fact, according to a Lumpkin County Business License report, HLA trails only Aladin Manufacturing, Timken and Wal-Mart as the county's top employer. The most recent report listed 150 employees at the school.

The original lawsuit against HLA was filed on Sept. 11 when a team of lawyers representing the families of two former students, issued a potential class-action lawsuit which accused the school and Buccellato of numerous ethical oversights.

Such allegations included the alleged misappropriation of funds and the willful acceptance of ?violent? and ?disturbed? students.

HLA's defense team has ?vigorously? denied such allegations. The latest counterclaim was filed by the team in response to the plaintiff's request that all plaintiffs should remain anonymous in a reported attempt to protect the identity of the students involved.

?The plaintiff's lawsuit is having a crippling effect on the school,? said the defense's response. ?And Dr. Buccellato reasonably believes that the plaintiffs' tactics in filing the complaint anonymously have contributed substantially to the harm of the school is incurring.?  :question:

The counterclaim details this resulting harm which reportedly includes an average drop of enrollment over a three-month period from 31 new students to 13.

This drop has resulted in the elimination of ?? positions through voluntary and involuntary terminations,? said the counterclaim.

Employees have also reportedly been subject to 10 percent pay cuts. A once deep pool of educational consultant referrals has reportedly dried up as well.

?Since the filing of the lawsuit, the school has averaged only one consultant referral call per week, down from an average of 16-20 consultant referral calls per week prior to the lawsuit,? said the document.
 :cry2:
http://www.thedahloneganugget.com/artic ... 20hard.txt

Navigation

[0] Message Index

[#] Next page

Go to full version