Disappeared
Per the filed tax returns, between the close of Business on
September 30, 2007 ( end of the fiscal year) and the
opening of business on October 1, 2007 ( beginning of new
fiscal year) the amount of cash in the Kiwanis bank accounts
was reduced by $102,462.
Malibu Kiwanis Club
Tax Year
 2007
 2008
 2009
Beginning
Cash
 $178,454
 $46,361
 $27,507
Funds  Used
 -$29,831
 -$18,854
 $130
Ending Cash
 $148,823
 $27,507
 $27,637
No one has ever explained why this amount
of cash vanished or where it went.