# Circular Funding Analysis: Cleta Mitchell Network

**Objective:** Trace financial flows between organizations to identify circular funding schemes, common paymasters, and self-dealing.

## 1. Validated Flows

### 1.1. 1792 Exchange -> United Charitable

- **Amount:** $7,190
- **Source:** 1792 Exchange 2023 Form 990 (Line 1, Part IX)
- **Context:** Grant to domestic organization.
- **Analysis:** This is a small amount, possibly a fee for a Donor Advised Fund (DAF) account. If 1792 Exchange has a DAF at United Charitable, it could be a conduit for anonymous funding.
- **Next Steps:** Check United Charitable 990s for incoming grants from 1792 Exchange or outgoing grants to network entities.

### 1.2. The $244,944 Question (CPI <-> SFOF/SFCN?)

- **Internal Note:** A previous report (`Mitchell Financial Network Red Flags.md`) mentioned a $244,944 intercompany balance.
- **Status:** **UNVERIFIED**.
- **Investigation:**
  - Searched **1792 Exchange 2023 990**: No mention of $244k.
  - Searched **SFCN (State Freedom Caucus Network) 2023 990**: No mention of $244k.
  - **Hypothesis:** The figure might be in the **SFOF (State Financial Officers Foundation)** 990 or the **CPI (Conservative Partnership Institute)** 990.
  - **Action:** Locating SFOF and CPI 990 files in `14DocsandFiles`.

## 2. Potential Schemes

### 2.1. Common Paymaster / Leased Employees (The "Compass" Hub)

- **Evidence:**
  - **CPI Summary Findings:** CPI provides shared resources including "discounted real estate, accounting (**Compass Professional Group Inc.**), legal representation (**Compass Legal Group**)."
  - **Key Personnel Overlap:** Ed Corrigan (CPI, SFCN), Mark Meadows (CPI, SFCN), Paul Fitzpatrick (1792 Exchange).
- **Hypothesis:** CPI uses the "Compass" entities to centralize expenses and staff, billing back independent 501(c)(3)s. This allows "independent" groups to operate with minimal dedicated staff while relying on CPI's infrastructure.
- **Risk:** If these services are provided at below-market rates, it could be an impermissible private benefit or contribution. If above market, it's self-dealing.
- **Next Step:** Search for payments to "Compass Professional Group" or "Compass Legal Group" in the expenses of 1792 Exchange, SFCN, and SFOF.

## 3. Organization Catalogue

- **1792 Exchange:** Review complete.
- **State Freedom Caucus Network (SFCN):** Review complete.
- **State Financial Officers Foundation (SFOF):** **PENDING** (File empty, searching for 990).
- **Conservative Partnership Institute (CPI):** **PENDING** (Summary found, searching for detailed 990).
- **Compass Professional Group Inc:** **NEW TARGET**.
- **Compass Legal Group:** **NEW TARGET**.