If it loses tax exempt status it’s not exactly going to be in good shape for a while.

The looters will be fine though.

“Marc Owens, who served for 10 years as the head of the Internal Revenue Service division that oversees tax-exempt enterprises, recently reviewed these records. “The litany of red flags is just extraordinary,” he said. “The materials reflect one of the broadest arrays of likely transgressions that I’ve ever seen. There is a tremendous range of what appears to be the misuse of assets for the benefit of certain vendors and people in control.” Owens added, “Those facts, if confirmed, could lead to the revocation of the NRA’s tax-exempt status” — without which the organization could likely not survive.”