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WEST FRANKFORT, IL (Brandon Merano, WSIL-TV Please click on the link above to read the full story and accompanying video. Here is an excerpt below. )
Court documents filed through the Franklin County clerk show Morthland College owes the IRS more than $700,000, but the college’s founder and president Tim Morthland owes money to others as well.
Morthland also hasn’t paid his contracting company more than $80,000 for nearly half a year’s work.
News 3 uncovered the documents after Morthland claimed on Thursday the school was “financially sound.”
“We know that we are financially sound, whether we have 20, 40, 60 or 100 students given our current funding base,” explained Morthland.
That statement from Morthland came just a day after the college’s board of trustees decided to cut all athletic programs at the school made up almost entirely of student athletes.
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