Tyler Boyer

Do the donors know this is how Turning Point is spending their money?

Turning Point USA is taking in donations and then sending the money to their endowment to invest in the stock market.

In my opinion, they should be spending donations on operating their nonprofit, not on buying investments.

As of fiscal year 2023, they had $61 million of assets in the endowment, which was generating $1.9 million a year of investment income.

Personally, I think that's an unethical way to run a nonprofit, but that's just my opinion.

But what is important here is what happened to the missing $8.6 million, the amount sent to America's Turning Point in fiscal year 2024.

The amount of money sent to America's Turning Point was getting larger and larger, and because the financial statements are missing, we cannot tell how this money was spent.

If we look at the prior year, the majority of the money was spent on other salaries and wages.

How is this possible when America's Turning Point reports zero employees?

Does anyone else think that sounds a little suspicious?

In my opinion, what I think is happening is I think there are fake people on the payroll.

I think that paychecks are getting sent to people who do not really exist.

And that would explain why we have a company with zero employees with millions of dollars of salary expense.

What about Tyler Boyer's argument that they have an annual financial audit every year?

If what I am saying is true, why wouldn't their annual audit catch these issues?

The annual financial audit for Turning Point USA, Inc.

and its affiliates was performed by an accounting firm called Baker Tilly.

In the notes, they explain that they audited Turning Point USA, Turning Point Action, Turning Point Endowment, America's Turning Point, and TPUSA Merch.

That usually means they audited all the shell companies when they provided their opinion that the statements present fairly in all material respects.

That means it is a clean audit with no problems.