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[00:00:00] Two weeks ago, I posted a video about [00:00:02] red flags at TurningPoint USA. Among the [00:00:05] many things I mentioned, Turning Point [00:00:07] was missing three of the four 990 forms [00:00:09] for their shell companies. Well, guess [00:00:12] what? The missing forms have [00:00:14] mysteriously been posted and they are [00:00:16] marked that they were filed on May 15th, [00:00:18] 2025. [00:00:20] So, they are claiming that they filed [00:00:22] four forms. The IRS posted one, held on [00:00:26] to the other three, and for some reason [00:00:28] posted them six months later when people [00:00:30] started talking about it online. [00:00:33] Isn't that convenient? [00:00:36] But we're not going to dwell on it [00:00:37] because the more important thing is that [00:00:39] now we have the missing financials. And [00:00:42] you're not going to believe this. It [00:00:44] gets even worse. [00:00:51] >> [music] [00:01:02] >> In the 990 forms, you can go to page 8 [00:01:05] and each organization must list out [00:01:07] their highest paid independent [00:01:08] contractors. [00:01:10] What is curious is that on the FY24 form [00:01:13] for America's Turning Point, Tyler Ber [00:01:16] lists himself as an independent [00:01:18] contractor and he puts his personal home [00:01:20] address. Now, I'm not doxing anyone here [00:01:23] because it is public information on the [00:01:25] IRS form. And I have to tell people, [00:01:28] please do not go to Tyler Ber's house. [00:01:31] That is not appropriate. But I will say [00:01:34] if you go look up his residence on [00:01:36] Google Maps, you will see that he lives [00:01:38] in a massive mansion. [00:01:41] Now, I'm not going to show his home out [00:01:43] of respect, but you can go see it for [00:01:45] yourself. It is mindblowing. Where is [00:01:48] Tyler Boyer getting all this money? But [00:01:52] what is even more important is if you go [00:01:54] to the other shell company Turning Point [00:01:55] Action in FY2024, their number one [00:01:58] independent contractor is a company [00:02:00] called 110 LLC. In fact, this has been [00:02:04] one of their largest contractors for the [00:02:06] last 3 years. These are all the payments [00:02:09] and they total $1,456,261 [00:02:13] over the last 3 years. That's almost [00:02:16] $1.5 million. [00:02:18] The description they provide is social [00:02:21] digital media ad placement. [00:02:23] Now, there is also an address for this [00:02:25] company. So, I thought, let's take a [00:02:28] trip and go check this company out. If [00:02:31] Turning Point is paying them $1.5 [00:02:33] million, they must be doing something [00:02:35] really great. I am on location in Queen [00:02:39] Creek, Arizona. And if you don't know, [00:02:40] Queen Creek is a suburb of Phoenix. So, [00:02:44] I'm at the address that was listed on [00:02:45] the 990 form. And this is strange. [00:02:50] This is a strip mall. So, I'm gonna get [00:02:52] out. I'm gonna take a walk around and [00:02:54] see if I can find the business 110 LLC. [00:02:58] Okay. I've walked past all the suites. [00:03:01] I've checked all the doors. The business [00:03:04] 110 LLC, as far as I can tell, is not [00:03:08] here. [00:03:10] What is going on? So, TurningPoint is [00:03:14] putting on their IRS form that they are [00:03:16] sending $1.5 million to this parking [00:03:20] lot. Well, I'm sitting here in the [00:03:23] parking lot. The business is not here as [00:03:26] far as I can tell. [00:03:28] What is going on? I mean, maybe they [00:03:31] didn't think that anyone was going to [00:03:33] actually drive out here and check it [00:03:35] out, but as far as I can tell, the [00:03:38] business is not here. [00:03:40] So, my question is, do the Turning Point [00:03:43] donors know this is how their money is [00:03:45] being spent? That Turning Point is [00:03:48] writing on their IRS forms that they're [00:03:50] sending $1.5 million to this parking [00:03:54] lot. I did some additional checking. [00:03:57] Another thing that is strange is that [00:03:58] there is no website for 110 LLC. [00:04:03] How do you run a business without a [00:04:05] website? That's pretty strange. And I [00:04:08] thought maybe they moved. Maybe there's [00:04:11] a different location. But if you look it [00:04:13] up on Google Maps, there is no location [00:04:16] for 110 LLC. [00:04:18] So there's no website. There's no [00:04:20] location. Does this company actually [00:04:23] exist? Well, we do have records that it [00:04:26] is owned by someone named Jake Hoffman, [00:04:29] who is actually the former [00:04:30] communications director for Turning [00:04:32] Point USA. He is now a Republican state [00:04:35] senator in Arizona. Now, just to give [00:04:38] you some context, Jay Kaufman is a [00:04:41] really powerful person in Arizona, which [00:04:44] may be why no one has talked about this [00:04:46] before. In his financial disclosure [00:04:48] statement, he lists that he is the owner [00:04:51] of 110 LLC at the same address in Queen [00:04:54] Creek. What is also curious is that on [00:04:57] the financial disclosure form, he lists [00:04:59] out eight different businesses that are [00:05:02] all operating out of that same strip [00:05:04] mall. But what is even more strange is [00:05:07] that on the financial disclosure form, [00:05:09] he actually lists out the suite numbers. [00:05:12] He claims that he is operating his [00:05:14] business out of suites 105 to 503. [00:05:19] Excuse me. That is every suite in the [00:05:22] strip mall. How does that make sense? Is [00:05:26] he operating out of the grocery store? [00:05:29] Is he operating out of Panda Express? Is [00:05:32] he operating his business out of the pet [00:05:34] dental clinic? Now, if you watch my [00:05:37] channel, you can tell that I'm a [00:05:39] conservative, but I do not have a [00:05:41] problem calling out a Republican if I [00:05:44] see something that looks shady. And this [00:05:46] is all allegedly. I don't know if [00:05:49] anything illegal is happening for sure. [00:05:51] Maybe there is an innocent explanation [00:05:53] for all of this. I have never met Jay [00:05:56] Kaufman, so I cannot speak to whether [00:05:58] he's an ethical person or not. All I can [00:06:00] speak to is what these people are [00:06:02] writing in their financial forms. You [00:06:04] have to admit that it looks pretty [00:06:06] strange. It looks like Turning Point is [00:06:09] sending $1.5 million to a parking lot to [00:06:13] get picked up by a politician. [00:06:15] If you remember, Baker Tilly is the [00:06:18] accounting firm that did the annual [00:06:19] financial audit. So, they are the ones [00:06:21] that signed off on Turning Point. They [00:06:23] give it a clean audit. They said there's [00:06:25] no problems at Turning Point. [00:06:28] Well, Baker Tilly, did you look at the [00:06:31] largest contract? [00:06:34] They're supposed to do an audit [00:06:35] procedure to make sure that it's an [00:06:37] actual company. [00:06:40] Well, I'm sitting here in the parking [00:06:42] lot. I'm looking around and I don't see [00:06:45] a company called 110 LLC. [00:06:48] So, Baker Tilly, I want to know the [00:06:51] specific audit procedure that you did to [00:06:54] ensure that this was a legitimate [00:06:56] company and not an illegal payment to a [00:06:59] politician. In a few weeks, Turning [00:07:01] Point is hosting their biggest event of [00:07:03] the year, America Fest. All of your [00:07:06] favorite content creators will be [00:07:07] showing up in Phoenix, Arizona to give [00:07:09] speeches. I wonder if any of these [00:07:12] people have a problem with Turning Point [00:07:14] sending $1.5 million to a parking lot. [00:07:19] Are any of them going to address in [00:07:21] their speech any of the financial [00:07:23] concerns at Turning Point? Patrick Bet [00:07:26] David has one of the largest business [00:07:28] podcasts in the world and he has been a [00:07:30] major contributor to America fest. He is [00:07:33] the business guy. Can he explain this to [00:07:37] us? I would like to hear Patrick Bet [00:07:40] David give us some kind of business [00:07:42] scenario which explains why Turning [00:07:44] Point would send $1.5 million to a [00:07:47] parking lot. Now, I've noticed a lot of [00:07:50] comments suggesting that it is [00:07:52] inappropriate for me to criticize the [00:07:54] finances of TurningPoint USA. [00:07:57] Let me explain this for people who may [00:07:58] not understand. Turning Point receives a [00:08:02] tax subsidy. [00:08:04] That is what a 501c3 is. You are paying [00:08:07] more in taxes so that Turning Point is [00:08:10] taxexempt. And in general, this is a [00:08:13] good thing because we want nonprofits [00:08:16] out in the world doing good things. So, [00:08:19] we give them this tax benefit. But if [00:08:21] Turning Point is not doing good in the [00:08:23] world, if they have problems in their [00:08:25] financials, if their tax forms are [00:08:27] missing, maybe they should not get tax [00:08:30] exempt status. The rich and powerful [00:08:32] people who run Turning Point are raising [00:08:34] hundreds of millions of dollars and they [00:08:36] don't have to pay tax on any of it [00:08:38] because you watching this video are [00:08:41] footing the bill. [00:08:43] So, every American has the right to ask [00:08:46] questions about Turning Point's [00:08:47] financials. If you think they look [00:08:50] shady, you are absolutely justified in [00:08:53] demanding answers. The other thing I [00:08:55] mentioned in my last video was the [00:08:57] missing $8.6 6 million that was [00:08:59] transferred from TurningPoint USA to [00:09:01] America's Turning Point. Now we have the [00:09:03] finances so we can see how that money [00:09:05] was spent. Just to recap, there are four [00:09:09] shell companies. Turning Point USA is [00:09:11] the main one. Then we have Turning Point [00:09:13] Action, America's Turning Point, and [00:09:15] Turning Point Endowment. Just as a [00:09:17] reminder, Tyler Ber is the only paid [00:09:20] executive listed for America's Turning [00:09:22] Point. Charlie Kirk is not even listed. [00:09:26] So, it seems strange to me that in FY24, [00:09:29] $8.6 million mysteriously got [00:09:32] transferred out of the main company into [00:09:34] the Shell Company managed by Tyler Ber. [00:09:37] When we look at how this money was [00:09:39] actually spent, it went mainly to [00:09:41] salaries. And in the last video, I [00:09:44] mentioned the possibility of ghost [00:09:46] employees. This is when an organization [00:09:48] pays people, records it as salary [00:09:51] expense when those people do not [00:09:52] actually work for the business. [00:09:55] So, I want to drill down into this idea [00:09:57] further. Now, I have to admit that [00:09:59] salary information can be notoriously [00:10:01] hard to analyze because people are [00:10:03] constantly coming and going from an [00:10:05] organization. For instance, you could [00:10:08] get a bunch of people hired in the last [00:10:09] month of the year. Those kind of timing [00:10:12] issues can cause strange fluctuations in [00:10:14] your expenses, but you would expect the [00:10:17] overall trends to make sense. You would [00:10:19] expect the numbers to be within a [00:10:21] certain range that is realistic. For [00:10:23] America's turning point in FY24, we see [00:10:26] that for the first time they report 24 [00:10:28] employees. This number is reported on a [00:10:31] calendar year and the expenses are [00:10:33] reported on a fiscal year ending on 630. [00:10:36] So let's stagger these out. If their 990 [00:10:40] forms are correct and they had zero [00:10:42] employees in calendar year 2022, that [00:10:45] means that the entire salary expense for [00:10:47] FY23 was related to the first 6 months [00:10:49] of calendar year 2023. [00:10:53] They spent $3.7 million in 6 months on [00:10:57] salaries. [00:10:59] In my opinion, these numbers are a bunch [00:11:02] of baloney. [00:11:03] The math does not work. Let's use the [00:11:06] most favorable assumptions for America's [00:11:08] turning point and assume that this [00:11:10] expense was spread out across the [00:11:11] largest number of employees. If we [00:11:14] assume that 24 employees were hired on [00:11:16] January 1st and worked for 6 months, [00:11:19] that means that the average annual [00:11:21] salary of those 24 employees was around [00:11:24] $300,000. [00:11:27] That's a lot of money. That is every [00:11:30] employee at America's Turning Point. It [00:11:33] could be the secretary. [00:11:35] I would like to know what that secretary [00:11:37] is doing that they get a salary of [00:11:40] $300,000. [00:11:42] I would like to ask the other employees [00:11:44] at the other shell companies at Turning [00:11:46] Point. Are you all making $300,000 a [00:11:49] year? Because according to the [00:11:51] financials, somebody is. Now, we don't [00:11:54] know this for sure. These are just [00:11:56] assumptions. But I am telling you that [00:11:58] this is catching my eye as a red flag [00:12:00] because these are astounding numbers for [00:12:03] a nonprofit. $8.6 million mysteriously [00:12:06] gets transferred into the shell company [00:12:08] managed by Tyler Boyer and it is spent [00:12:10] on this massively inflated salary [00:12:13] expense. Again, maybe there is some kind [00:12:16] of innocent explanation for this, but at [00:12:19] some point we're going to need a lot of [00:12:21] explanations. [00:12:22] One of the board members for Turning [00:12:24] Point is a guy named Tom Sedeka. [00:12:27] Ironically, Tom Sedeka was the president [00:12:29] and CEO of a payroll company. This is [00:12:33] from a press release on the NASDAQ [00:12:34] website. From 2003 to 2020, he ran [00:12:38] Precision Payroll of America where he [00:12:39] turned that company into a leader in the [00:12:41] complex, highly regulated world of human [00:12:44] resources and payroll processing. So, [00:12:46] let's ask the payroll guy, Tom Sedaka. [00:12:50] Do you see anything strange with these [00:12:52] payroll numbers? Now, to understand the [00:12:55] full picture, it's not just about where [00:12:57] the money was going to, it's also where [00:13:00] the money was coming from. When I was [00:13:02] going through all the new financial [00:13:04] information, I saw this chart and [00:13:06] immediately I had a good idea of what [00:13:09] was going on. This shows revenue going [00:13:11] into turning point action and you can [00:13:14] see a gigantic leap in revenues for [00:13:16] FY24. [00:13:18] It went from 10.7 million to 27.2 [00:13:21] million. That is over 150% increase in [00:13:24] one year. An extraordinary achievement [00:13:27] for a nonprofit. [00:13:29] What is even more curious is when you [00:13:31] put this chart side by side with [00:13:33] TurningPoint USA. Turning point USA [00:13:36] shows a 4% increase. Remember that [00:13:39] Turning Point USA is the main [00:13:41] organization with Charlie Kirk as [00:13:42] president. Charlie Kirk works a lot less [00:13:45] on Turning Point Action and Tyler Ber is [00:13:47] the COO. Do you see what is happening? [00:13:51] For some reason, in FY24, Turning Point [00:13:54] got a ton of new donors. But these new [00:13:57] donors went around Charlie Kirk and into [00:14:00] the organization where Tyler Ber was the [00:14:02] COO. [00:14:04] It's almost like they did not want [00:14:06] Charlie Kirk to know about it. Now, we [00:14:10] don't know who these mysterious new [00:14:11] donors are, but it looks like someone [00:14:14] was trying to take over MAGA, and they [00:14:16] were doing it behind Charlie Kirk's [00:14:18] back. The timing of all of this is very [00:14:21] important. [00:14:22] FY24 represents the 12 months ending [00:14:25] June 30th, 2024. [00:14:28] Remember what was happening at this [00:14:30] time. [00:14:31] This period lines up almost exactly with [00:14:33] the Republican primary for the 2024 [00:14:36] presidential election. January 15th, [00:14:39] 2024, Trump wins the Iowa caucuses with [00:14:42] 51% of the vote. March 5th, 2024, on [00:14:45] Super Tuesday, Trump wins 14 of 15 [00:14:48] Republican contests. And on the [00:14:50] following day, Nikki Haley drops out of [00:14:53] the race. May 30th, 2024, Donald Trump [00:14:56] was convicted of 34 felony counts in New [00:14:59] York and it did nothing to reduce his [00:15:01] popularity. So in FY24, it was becoming [00:15:05] obvious that Donald Trump was the frontr [00:15:07] runner in the presidential race. When [00:15:09] Nikki Haley dropped out, you had all [00:15:11] these rich and powerful donors who no [00:15:13] longer had any influence over the [00:15:15] Republican party. These donors had to [00:15:18] come up with some new way to infiltrate [00:15:20] MAGA. [00:15:22] I think they went to Tyler Ber. You also [00:15:25] have to remember how busy Charlie Kirk [00:15:27] was at this time. He was racing all over [00:15:30] the country trying to get Donald Trump [00:15:32] elected. [00:15:34] So if someone at Turning Point was [00:15:35] working behind his back to steal money [00:15:37] from the company, this would have been a [00:15:39] really easy time to do that. But the [00:15:42] problem with stealing is you can only [00:15:44] get away with it for so long. Along [00:15:47] comes the FY24 financial audit. We know [00:15:50] from the audit letter that it was [00:15:52] concluded on June 20th, 2025, a few [00:15:55] months before Charlie Kirk was murdered. [00:15:58] If someone was trying to hide financial [00:15:59] information from Charlie Kirk, they [00:16:01] probably could have gotten away with it [00:16:03] until June 2025. [00:16:05] Because what happens at the end of an [00:16:07] audit is you review all the financial [00:16:09] information. So, imagine this. A few [00:16:12] months before Charlie Kirk's murder, he [00:16:14] is sitting at his desk. He's looking at [00:16:16] all the FY24 financials side by side and [00:16:20] he starts to notice some things that are [00:16:22] funny. [00:16:23] I think Charlie Kirk started asking [00:16:25] questions and I also believe this is [00:16:28] what prompted the memo that he wrote 8 [00:16:30] days before he was murdered. In the [00:16:33] memo, he appointed a new COO for Turning [00:16:35] Point USA and requested a Doge style [00:16:38] audit. Now, for legal reasons, I have to [00:16:40] say that I do not have any evidence of a [00:16:42] crime. We would need an investigation of [00:16:44] the books at Turning Point to know for [00:16:46] sure. What I am saying is that there are [00:16:49] red flags in the financials at Turning [00:16:51] Point and a lot of questions that need [00:16:53] to be answered. The attorney general of [00:16:56] Arizona is Chris Maize. She has [00:16:58] jurisdiction over this situation. Chris [00:17:01] Maize is most wellknown for trying to [00:17:03] arrest the Trump electors in Arizona. [00:17:06] That case fizzled out and did not go [00:17:08] anywhere. But I have to wonder, is Chris [00:17:12] May going to look into this? I am [00:17:15] limited in what I can research because I [00:17:17] don't have access to Turning Point's [00:17:18] financials. But the attorney general has [00:17:21] the authority to go in, look at their [00:17:23] books, and start throwing people in [00:17:25] jail. She is responsible for looking [00:17:28] after the people of Arizona. [00:17:31] Does it bother her that we have a state [00:17:33] senator that is allegedly lying on his [00:17:36] financial disclosure statement? Is she [00:17:38] concerned that Turning Point is writing [00:17:40] on their IRS form that they are sending [00:17:42] $1.5 million to a parking lot? If she [00:17:47] does not look into this, I would be [00:17:49] concerned that she is in on the scam. If [00:17:52] you watch my channel, you know that I am [00:17:54] a huge fan of Charlie Kirk and it [00:17:57] destroyed me when he was murdered. [00:18:00] I want to remind you of a post that he [00:18:02] made on X.com. [00:18:04] He posted a video of James O'Keefe [00:18:07] speaking at last year's America Fest. [00:18:10] Charlie Kirk wanted us to hear these [00:18:12] words. Telling the truth in times of [00:18:15] universal deceit is a revolutionary act. [00:18:18] It's hard. It's difficult. Even as we [00:18:21] enter this new era, it will be [00:18:23] difficult. And that's why the people who [00:18:26] do that, the few, the very few, are so [00:18:31] inspirational to us because they do it [00:18:34] at great personal cost. And in the [00:18:37] beginning of a fight, a charge, the [00:18:41] patriot is a brave but rare man. But [00:18:45] when his cause succeeds, the timid, the [00:18:48] timid then join him. For at that point, [00:18:51] it doesn't cost as much to do what he [00:18:53] does. So in the beginning, we have these [00:18:55] brave people that act as a catalyst for [00:18:59] everybody else. [00:19:00] >> Charlie Kirk wanted everyone to search [00:19:02] for the truth. If someone at Turning [00:19:06] Point betrayed Charlie Kirk and is [00:19:08] stealing money from the organization, we [00:19:10] should find out who that is, and we [00:19:13] should do it for Charlie Kirk. Now, I [00:19:16] want to hear from you. Do you think that [00:19:18] something suspicious is going on at [00:19:20] Turning Point USA? Let me know in the [00:19:23] comments down below. And if you like [00:19:25] this video, don't forget to hit that [00:19:27] subscribe button so you don't miss out [00:19:28] on future videos. If you want to support [00:19:31] independent journalism like this [00:19:32] channel, consider signing up for a [00:19:34] membership on my website, [00:19:35] wolvesenfinance.com. [00:19:37] For $6 a month, your support helps me to [00:19:40] keep making these videos. Thank you to [00:19:42] everyone who has signed up. I'm Zach [00:19:45] from Wolves and Finance. Thank you for [00:19:47] watching. [00:19:49] Yeah. [00:19:52] [music] [00:20:00] >> [music]