In announcing the results of the audit, Competitor said it would return $190,500 to San Diego County and $152,544 to the city of San Diego, spend the remaining foundation funds on health and wellness causes, file amended tax returns, and dissolve the foundation. Competitor Group made the final payments in October 2009. Altogether the company returned $344,176 to the city and county.
Competitor Group disclosed audit findings, committing to return $190,500 to San Diego County and $152,544 to the city of San Diego. The remaining foundation funds were allocated for health and wellness programs, followed by filing amended tax returns and dissolving the organization. These actions were completed in October 2009, resulting in a total of $344,176 being returned to the city and county.