In the interest of not duplicating efforts (unless it’s too late), below is the content of the email I just sent off to the Occupy Audit folks:
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1.Name, Location, and basic information about Your group, organization or GA.
-Shazz Baric, New York, reform group (defunct), Occupy Wall St.
2.How much have you Fundraised? (Include other Major In-kind Donations and Resources)
-I was involved with Occupy Farms that received $3k from the General Assembly in OWS but I’ve since turned over my financial point person responsibilities. OWS has as an org received somewhere in the ballpark of $750k in donations, as far as we can tell. There are some questions about the transparency of our finance working group
3.How much have you Spent/ How much is Left?
-good questions. We’re working on helping our finance working group in OWS become more transparent. I think we’re sitting on $100k left in the org. The last comprehensive report they released was back in October.
4.What is Fundraising Target?
-we haven’t talked about this at the GA level. We generally don’t openly talk about fund raising. Many in the organizational side believe that we should bleed the general fund dry and move to affinity financing. I’m going to an affinity group meeting tonight to get a report back. I’ve heard upwards of 7 figures are sitting on the sidelines or already in play by these affinity groups. But they do not have to abide by the same standards of the Occupy movement as far as accountability and transparency.
5.What is your Financial and Legal Structure?
-Of Occupy Wall St? Legally for tax purposes it’s a project of the Alliance for Global Justice, and so we go on their books come tax time, which absolves us from liability. But this also means that as an org OWS cannot take on liability or do actions that endanger the Alliance for Global Justice, or they’ll terminate our sponsorship, leaving us vulnerable to the IRS.
6.Do you have a public internet link to your financial information? Please Provide the Link
-the official blog for the accounting/finance working group of OWS is as follows:
http://accounting.nycga.net/
This is where they’re supposed to post updates on our incoming donations, expenditures and reports.
My own personal scribd account where I’ve been posting docs on an attempt to audit our finances is below:
scribd.com/shazz_baric
Another working group in OWS that is currently working on accountability and transparency, including but not only confined to financial matters, is Accountability and Transparency. Their group page is linked below:
http://www.nycga.net/groups/accountability-transparency/
I hope this information is helpful in an organization wide creation of better practices that embody our values. Thanks for getting this discussion started!
-Shazz