wait? november 2011? Fail May prediction
from cnn:
At the center of it all, Camping's organization, Family Radio, is perfectly happy to take your money -- and in fact, received $80 million in contributions between 2005 and 2009. Camping founded Family Radio, a nonprofit Christian radio network based in Oakland, Calif. with about 65 stations across the country, in 1958.
But not even all of his own employees are convinced that the world is ending on Saturday.
In fact, many still plan on showing up at work on Monday.
"I don't believe in any of this stuff that's going on, and I plan on being here next week," a receptionist at their Oakland headquarters told CNNMoney.
A program producer in Illinois told us, "We're going to continue doing what we're doing."
According to their most recent IRS filings, Family Radio is almost entirely funded by donations, and brought in $18 million in contributions in 2009 alone.
The producer in Illinois said, "We're trying to guess what it means for the company. Our producers have programs done through the end of the month, so we're not looking at that having any effect on the work."
Also curious is why Family Radio requested an extension to file their nonprofit paperwork. [b]The group is required to submit financial documents in many of the states where they solicit donations, and in Minnesota they requested an extension from their July 15 deadline to November 15.[/b]
July 15th was already well past their Judgment Day prediction -- when they say believers will ascend to heaven -- so why bother requesting an extension to November?
But Family Radio's financial filings otherwise look hardly unusual for a religious nonprofit.
"At first glance, it looks like they have a lot of assets, but they actually don't have a lot of cash that they're stockpiling," said Laurie Styron, analyst with the American Institute of Philanthropy.
Most of the group's net worth is tied up in FCC broadcasting licenses, valued at $56 million. Family Radio claimed it held only $1.5 million in cash on its books at the end of 2009.
The paperwork shows Camping has so far, never taken a penny for his own salary, but Family Radio has plenty of other paid employees.
at bold section: he said the world ultimately ends in october...but wait isnt november after october? and why is Harold Camping suddenly quitting the station?