Tarkanian received more than $700,000 from a children’s charity he founded, including paying himself over half a million dollars, including some while the charity had a six-figure deficit, and moved money from the charity to help pay off debts of his political campaign. Tarkanian Basketball Academy Was A Children’s Charity. “But the newest detail — allegations of taking $700,000 from Tarkanian Basketball Academy, a children’s charity founded by Tarkanian in the early 2000s — hasn’t been reported on before this year, and seemed salacious enough to warrant another look.” [Nevada Independent, 2/10/18] 2005-18: Tarkanian Has Received At Least $705,291 In Salary From Tarkanian Basketball Academy. 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Tarkanian $7,800 $6,000 $11,000 $34,565 $39,456 $37,970 $0 $0 $0 $127,000 $162,000 $237,000 $42,500 $705,291 Salary 2005-17: Tarkanian Took More Than $662,000 In Salary From Tarkanian Basketball Academy, Earning $237,000 Most Recently. “But the newest detail — allegations of taking $700,000 from Tarkanian Basketball Academy, a children’s charity founded by Tarkanian in the early 2000s — hasn’t been reported on before this year, and seemed salacious enough to warrant another look. […] According to a decade of IRS filings and his 2016-2017 personal finance disclosure (that Heller’s campaign posted on its website), Tarkanian has received just more than $662,000 in salary from the charity since 2005. The biggest chunk of that income is $237,000 in salary income from the nonprofit that he reported on his 2017 financial disclosure form for his current U.S. Senate run, by far his highest per-year income reported out of the decade spent working at the charity. While he reported taking in $162,000 in salary in 2015 and $127,000 in 2014, Tarkanian listed zero income from salary between 2011 and 2013 (His average salary between 2005 and 2010 averaged out to a little less than $22,800 a year.)” [Nevada Independent, 2/10/18] 2018: Tarkanian Received $42,500 In Salary From Tarkanian Basketball Academy. According to his 2018 House Personal Financial Disclosure, Tarkanian received $42,500 in salary from the Tarkanian Basketball Academy. [Danny Tarkanian Personal Financial Disclosure, filed 5/23/18] 2012: Tarkanian Basketball Academy Loaned Tarkanian’s Company $40,000 And, Through A Series Of Transactions, To Tarkanian’s Campaign. “The other $40,000 that the Heller campaign includes as part of the $700,000 figure mentioned in the ad is a little harder to suss out. […]It’s a bit convoluted, but here’s essentially what happened: On June 28, 2012, Tarkanian Basketball Academy loaned JAMD LLC (a property business owned by Tarkanian) $40,000. The same day, JAMD LLC paid Tarkanian himself $40,000, who then loaned his 2012 congressional campaign $40,000 the next day. 12 days later, on July 11, 2012, Tarkanian’s congressional campaign paid Tarkanian himself $53,755 as part of a loan repayment. On July 12, 2012, Tarkanian made a $300,000 mortgage payment on his Las Vegas home.” [Nevada Independent, 2/10/18] Nevada Independent: “Tarkanian Doesn’t Dispute The Timeline, But Said He Made The Transactions In Order To Secure The Funds Needed To Make A Principal Reduction Payment Toward His Mortgage, Given That The Home Was Under Water At The Time And At Risk Of Being Foreclosed.” “Tarkanian doesn’t dispute the timeline, but said he made the transactions in order to secure the funds needed to make a principal reduction payment toward his mortgage, given that the home was under water at the time and at risk of being foreclosed. He said in an interview that his house was backed up against his parent’s home, and that his parents had purchased a walkway between the two so that he and his wife would be able to regularly check in on his father — legendary UNLV basketball coach Jerry Tarkanian — who suffered a heart attack in 2012 and was in poor health.” [Nevada Independent, 2/10/18] Tarkanian Said He Only Moved The $40,000 Loan To His Campaign Committee To Pay Off Debts From His Primary Campaign. “Tarkanian, who said that all loans made by the charity have been paid back with interest, said he moved the money to the congressional campaign in order to help pay off debts incurred with his primary campaign, and that the loan repayment of $53,755 came from funds for the general election. He said that JAMD — which operates a commercial center in southwest Las Vegas — owed him several hundred thousand dollars in loans at the time, and that he took all steps necessary to avoid violating campaign finance laws.” [Nevada Independent, 2/10/18] Nevada Independent On The Amount Tarkanian Took From The Charity: “Still, It’s Hard To Argue With The Number — Especially Given The Additional $50,000 Check That The Ad Didn’t Mention. We Rate This Ad Honest As Abe.” “Republican Sen. Dean Heller’s campaign claims in a TV ad that Tarkanian took more than $700,000 from a children’s charity. […] Still, it’s hard to argue with the number — especially given the additional $50,000 check that the ad didn’t mention. We rate this ad Honest as Abe.” [Nevada Independent, 2/10/18] 2014-2015: Tarkanian Basketball Academy Had A Deficit Of $161,176. “Tarkanian, the son of legendary University of Nevada, Las Vegas basketball coach Jerry Tarkanian, is the founder of Tarkanian Basketball Academy. Tax returns show that the Nevada Republican has taken a six-figure salary for several years, even as the charity raised membership fees and ran up a deficit. Tarkanian earned a total of $526,000 between 2014 and 2017, according to the charity's annual disclosure. Meanwhile, his charity had an operating deficit of $161,176, according to tax returns from 2014 and 2015.” [Hill, 2/6/18] .