(Edited & Updated, 10 Feb 2012)
I was at Caucus Tuesday night, standing by candidate’s tables. A guy asked me why I was wearing a Barnes sticker. While explaining, a Sund staffer walked over to get into the conversation. She stated that the DCCC says Sund is the most electable of the two. I responded that since neither candidate is hitting the fundraising numbers the DCCC wants for it to get involved (think: $200k), I highly doubt the D-Trip figured either was really electable – at this time. Sad, but true – as winnable as the Third is, the D-Trip wanted to see $200k in the 4th quarter. The staffer pivoted and proceeded to rip into Barnes’ numbers.
Which struck me as rather odd; I’d heard the opposite of what I was hearing from Sund’s staffer last night. But, hey – I’m not one to write about DFL stuff, unless the stuff I hear is really rather unbelievable – like the time Tinklenberg claimed in a debate he wasn’t a lobbyist.
And then I heard the same staffer say the same kind of stuff while doing surrogate stump speeches in the Precinct Caucus room! That Sund was the most electable (among other reasons) because of fundraising ability!
So, I am going to write about this – right now.
Now, those that are following the ol’ TwoPutter’s “Continuing Cooked Books Series” know the ol’ TwoPutter knows his way around FEC Reports.
So, let’s look at the FEC Reports, for Barnes and Sund!
As I read the FEC Reports for DFL non-incumbents, Tarryl Clark blew the field away, by taking in $161,084.96 in the 4th quarter, 2011.
Next on the big numbers report was another contestant in CD-08, Rick Nolan with $60,013.14 for the quarter.
Now, Rick is a former Member of Congress, and even though he hasn’t been in D.C. for a while, he’s still able to tap into some of the folk still there – like a cool $5k from the UA Political Education Committee out of Annapolis, Maryland. So Rick reported $60k.
Best I can tell, Barnes came in third, with $53,318.61 for the 4th quarter.
What did Sund pull for the quarter? $16,490.00.
In fact, Sund reported, year-to-date, $25,258.34 – or, less than half of what Barnes reported in the 4th quarter – his ONLY quarter (so far).
Edit/Update, 10 Feb 2012 – Team Sund actually has raised $41,748 year to date; see below.
Now, some folk might (like Sund’s staffer did) poopooh Barnes’ number, ’cause Barnes donated $15k to his campaign. But, here’s the deal – that’s Skin In The Game. It’s CASH. It’s NOT on Line 10 – “Debts and Obligations Owed BY the Committee” – it’s on Line 6 (a) – Net Contributions (other than loans).
And to Donors looking to donate, having skin in the game means something. Like, a LOT.
Of Sund’s donations, looking at her Schedule A (Itemized Receipts) is worth looking at also, because not all of it was cash. Here’s her in-kind donations:
$2,400 – Website Creation & Maintenance
$2,350 – Video Shooting and Editing
$600 – Hair, Makeup, Wardrobe
$580 – Speech Presentation
$500 – Speech Presentation
So, out of her 4th quarter $16,490 reported income $6,380 was in-kind meaning she only pulled $10k cash.
But her staffer was out there making the rounds bragging that her strength was fundraising??!?
And it’s not just cash raised during the quarter; it’s Cash On Hand at the end that’s important, too. At the end of the 4th quarter, Sund reported $14,599.47 in the bank. Barnes reported $28,462.14.
I personally heard claims about DCCC support that simply aren’t credible.
I personally heard financial BS before Caucus started and I heard it in the Precinct Room. As the staffer was making the rounds, I’m sure other precincts heard it, too.
Now, Sharon Sund is a fine person with a compelling story.
But ultimately, the candidate is responsible for what their paid staffers say and do.
And sending out a paid staffer to spin what the D-Trip says and what documented reports with the FEC show at Precinct Caucuses is on her.
* * *
Update, 10 Feb 2012! Here’s the screenshot of where I got the $25,258.34 total, year-to-date number for the Sund campaign:
That image is from this FEC Report. And the casual observer will note the highlighted number, $25,258.34 is in the “Column B, Election Cycle-To-Date.”
Well, the ol’ TwoPutter was notified by the Sund Campaign that the Year To Date total was incorrect; the $25k number hadn’t been updated by the FEC to report the correct total, year-to-date of $41,748. That $25k in the Y-T-D column was really their 3rd quarter total, and it needed to be added to the $16k in the 4th Qtr column for a correct total of $41k Y-T-D. Team Sund directed me to the following FEC Summary report to verify:
That image is from this FEC Summary Report.
I regret the error; in fact the Sund Campaign raised more than I originally posted.
But, this raises another question: Why would a campaign be talking up fundraising prowess, when the 4th quarter totals were worse than the 3rd?
And here’s an insider baseball kinda question: if you were a staffer, would you point out the above error that shows your fundraising was trending down, and not up?