The Tenacious Unicorn Ranch / @TenaciousRanch / Steampunk Penny / Penellope Logue / Phillip Matthew Logue - Don't cry because it ended, laugh because it's still getting worse.

[Boris Blank's glass eye]

maybe im missing something but whats the point of this 501(3)(c) if they arent a nonprofit

whats the thing im missing here

am i terminally autistic?

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211464309&fileId=20211464309

View attachment 2311511
View attachment 2311510

Oooh, spicy.

Well, the second image states they are a non-profit - with the same name and address as their LLC. IMO the better questions are "how are they going to fund this 501(c)(3)?", "are they taking gibs under the 501(c)(3) and funneling them into the LLC to keep it afloat?" and "did they pay their taxes after all those donations they took as an LLC?".
The way I understand it the usual scheme is taking donations as a charitable organization and pay yourself shameless amounts of money - á la the Clinton Foundation - or make your obscene wealth virtually untouchable - like the Rockefeller Foundation, George Soros' OSF, or Warren Buffett's shady web of foundations. In short, the complete opposite of Tran Ranch, which is prepping their failing business with donation money. Can't wait to see their first report.​

 

[DemonicMustache]

maybe im missing something but whats the point of this 501(3)(c) if they arent a nonprofit

im pretty sure "The Tenacious Unicorn Ranch LLC" is a separate legal entity from "The Tenacious Unicorn Ranch" (which is the 5013c the troon filed)

am i terminally autistic?

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211464309&fileId=20211464309

penny showed in this pic that she filed for a new 501(c)(3) here
dates check out, says it was filed on 2021/05/18 and he tweeted out on 2021/05/27

The "Tenacious Unicorn Ranch" in colorado is a 501(c)(3) made in 2021
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It makes sense on paper. They accept donations and also allow people to live on their property rent free or, at least, subsidized. Activities related to that would not be taxable. And if you give them money towards those activities, you get a tax deduction. They also sell wool, right? So that's definately taxable. Also taxable is anything related to the sale, paying for shearers, for example.

The issue, I suppose, is how they are segregating and categorizing expenses between both entities. I doubt they are keeping strict books. They aren't Joel Osteen Ministeries.

 

[Gone Ham]

Oooh, spicy.

Well, the second image states they are a non-profit - with the same name and address as their LLC. IMO the better questions are "how are they going to fund this 501(c)(3)?", "are they taking gibs under the 501(c)(3) and funneling them into the LLC to keep it afloat?" and "did they pay their taxes after all those donations they took as an LLC?".
The way I understand it the usual scheme is taking donations as a charitable organization and pay yourself shameless amounts of money - á la the Clinton Foundation - or make your obscene wealth virtually untouchable - like the Rockefeller Foundation, George Soros' OSF, or Warren Buffett's shady web of foundations. In short, the complete opposite of Tran Ranch, which is prepping their failing business with donation money. Can't wait to see their first report.​

It seems they're going to solicit donations with their 501(c)(3), as shown here

However, they will most likely """purchase""" goods from their LLC, giving them more monies to waste. This is something I cannot imagine the IRS would be ok with a regular non influencial person doing, leading to the IRS getting on their ass, hopefully

 

[DemonicMustache]

It seems they're going to solicit donations with their 501(c)(3), as shown here
View attachment 2311565
However, they will most likely """purchase""" goods from their LLC, giving them more monies to waste. This is something I cannot imagine the IRS would be ok with a regular non influencial person doing, leading to the IRS getting on their ass, hopefully

I wonder if they have separate bank accounts? You know they are probably doing a sloppy job with their finances.

 

[Meiwaku]

maybe im missing something but whats the point of this 501(3)(c) if they arent a nonprofit

im pretty sure "The Tenacious Unicorn Ranch LLC" is a separate legal entity from "The Tenacious Unicorn Ranch" (which is the 5013c the troon filed)

am i terminally autistic?

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211464309&fileId=20211464309

penny showed in this pic that she filed for a new 501(c)(3) here
dates check out, says it was filed on 2021/05/18 and he tweeted out on 2021/05/27

The "Tenacious Unicorn Ranch" in colorado is a 501(c)(3) made in 2021
View attachment 2311511
View attachment 2311510

They have both because you can't overlap them also according to Honnie they have a "trust" aka probably Bonnie's mom's cash since his mom signed as an owner on the tranch (cant remember if it was in gibes or tranch earlier but i remember finding the documents where you could see whose names signed. The first property owned was penny's parents kek)

Before they got the official 501c3 they were touting the LLC as a charity community.

Repeating but important,: The thing is their 501c3 will be available publicly for next year's taxes to be scrutinized by the farms. They only have to give 5% to churity and can comp themselves the rest legally

 

[Boris Blank's glass eye]

It seems they're going to solicit donations with their 501(c)(3), as shown here
View attachment 2311565
However, they will most likely """purchase""" goods from their LLC, giving them more monies to waste. This is something I cannot imagine the IRS would be ok with a regular non influencial person doing, leading to the IRS getting on their ass, hopefully

Yeah, AFAIK "compensation of personal work and expenses" is allowed. Down payment for a new truck for their LLC or a rifle for their "security detail" isn't.
Is this how they intend to finish that awful insane "earthship"?

 

[Meiwaku]

It seems they're going to solicit donations with their 501(c)(3), as shown here
View attachment 2311565
However, they will most likely """purchase""" goods from their LLC, giving them more monies to waste. This is something I cannot imagine the IRS would be ok with a regular non influencial person doing, leading to the IRS getting on their ass, hopefully

IRS Kiwis where?

Yeah, AFAIK "compensation of personal work and expenses" is allowed. Down payment for a new truck for their LLC or a rifle for their "security detail" isn't.
Is this how they intend to finish that awful insane "earthship"?

It was my impression they used the 120k to buy the earthship property which was like 4-6k iirc and build their Tranny defense system of poorly places wooden stakes and earl-proof wire.

But they likely also used it for 3 kegs of beer and delicate healthy snacks for the troons.

They have to legally report that as other income btw in the LLC because it was pre- official charity. So its subject to big gubment taxes to fund other amholes in Colorado.

Also i bet they don't have an irl accountant because 1) majority of accountants are women and this would be nuclear meltdown dysphoria and cis men?? Ew??? 2) its expensive and we need Jarrod's outdoor shower pallet builds over good business practices

 

[A Grey Cat]

He can't even juggle, though.

hey why can't wedgie boy juggle?


Cause he aint got no balls!

 

[Tactical Wizard]

I was wondering about that. What’s the law regarding running two ostensibly separate organizations of differing nature under one roof with one group of people. Wouldn’t they possibly trip over interlocking directorate regulations?

 

[A Grey Cat]

Penny retweeted pedophile cartoonist Guillaume labelle View attachment 2310770

Spoiler

View attachment 2310771

x

Id quote the saying "if you can't take the heat get out of the kitchen." But the one thing soap scum has in common with most women (born after 1993) Is Sophie labelle has never used a kitchen in his life.

 

[Gone Ham]

Id quote the saying "if you can't take the heat get out of the kitchen." But the one thing soap scum has in common with most women (born after 1993) Is Sophie labelle has never used a kitchen in his life.

Speaking of kitchens, something is up. They haven't posted their burritos recently!

 

[Ghjkl63]

I sure do love reading all about the zany shenanigans that go down at The Tenacious Unicorn Ranch

 

[Gone Ham]

I sure do love reading all about the zany shenanigans that go down at The Tenacious Unicorn Ranch

Wait till Sunday. You’ll probably get a featured thread out of their hijinx.

 

[Fetish Roulette]

Wait till Sunday. You’ll probably get a featured thread out of their hijinx.

What's happening Sunday?

 

[White Devil]

What's happening Sunday?

4th of July.

 

[Boris Blank's glass eye]

What's happening Sunday?

The 4th of July. They're going to go apeshit all over the local parade.

 

[Gone Ham]

The 4th of July. They're going to go apeshit all over the local parade.

Probably going to make tons of enemies who will actually want them dead for disrespecting the nation.

 

[A Grey Cat]

4th of July.

USA! USA! USA!

 

[Aunt Carol]

The 4th of July. They're going to go apeshit all over the local parade.

I'm still amazed/skeptical that the Tenacious Unicorn Ranch is capable of OPSEC for once and hasn't even hinted at their parade plans. What are the odds that in all the excitement of alpaca shearing, they just kinda forgot?

...Then again, maybe that's why they had so many kegs for a small event. They're putting them on ice now, to be the heroes of the town's barbecue!

 

[Fetish Roulette]

USA! USA! USA!
but in all seriousness the search is still fubar, do we have a thread on tha t assinged male artist sophie labbell? I only asking because the search is fucked up and i cant check with it i know i should use the search but i cant right now

Yes, he has a thread in Rat Kings. I asked the exact same question in the Tranny Sideshows thread.