The Wounded Warrior Project seems to be sticking with accounting practices that have led to scrutiny in recent months, with critics noting potentially inflated program spending and understated fundraising expenses.
The organization
continued to report as program spending large portions of expenses on mailings
and television advertisements that contain fundraising appeals and messages
that the charity says help it achieve its mission, according to financial
filings recently released.
Such accounting has been questioned by observers
of the nonprofit, including Iowa Republican Sen. Charles
Grassley. (philanthropy.com)
UPDATE: The Wounded Warrior Project announced that it will lay off several executives and dozens of other employees
and will cut some of its services as officials say donations have fallen this
year amid a storm of negative news stories, according to reports and a statement from the organization.
Wounded Warrior will cut about 15 percent
of its roughly 600 employees, chief executive Michael Linnington told Stars and Stripes, adding that the nonprofit has lost a
lot of support over the past year amid sustained news coverage that has been
critical of its spending polices. ((philanthropy.com)
Further UPDATE: CEO Linnington announced that
the Wounded Warrior Project (WWP) lost between $90 million and $100 million,
representing 25 percent of donations, since all the scandal about the
organization started rolling out in January.
HERE WE GO AGAIN: The Avondale (AZ) Police Department arrested a man in connection
with an embezzlement scheme that targeted a veterans group.
Investigators
said Kirk Davis, president of Pat Tillman Memorial Veterans of Foreign Affairs
Post 40, is accused of stealing over $100,000 from the VFA accounts over the
last two years since he became president.
More: The Veterans Administration Credit Union (MI) was taken for more than $2.3 million.
Nonprofit Imperative gathers its information principally from public documents...some of which are directly quoted. Virtually all cited are in some phase of criminal proceedings; some have not been charged, however. Cites in various media: Featured in print, broadcast, and online media outlets, including: Charity Navigator, Vermont Public Radio, Miami Herald, National Public Radio (NPR), Huffington Post, The Sun News, Atlanta Journal Constitution, Wall Street Journal (Profile, News and Photos), “Betrayal”, (a movie), NBC (on Charity Fraud…TBD), FOX2, ABC Spotlight on the News, WWJ Radio, Marie Claire, Ethics World, Aspen Philanthropy Newsletter, Harvard Business Review, Current Affairs, Charity Navigator, The Chronicle of Philanthropy, St. Petersburg Times, Board Room Insider, USA Today Topics, Accountants News, Newsweek.com, Responsive Philanthropy Magazine, New York Times, Portfolio Magazine, The Virgin Islands Daily News, NANKAI (China) BUSINESS REVIEW, National Religious Broadcasters newsletter, The Charity Governance Blog, American Chronicle, Palm Beach Post, Detroit Free Press, Oakland Press, Nonprofit World, Socially Responsible Business Forum, PNNOnline, Ohio Nonprofit Resources, Nonprofit Good Practice Guide, Nonprofit Startup Guide, Nonprofit Blog, National Coalition of Homeless Newsletter, Finance and Administration Roundtable Newsletter, MichiganNonprofit.com, CORP! Magazine, Crain’s Michigan Nonprofit, ncrp.org, PhilanTopic, Nashville Free Press, Nonprofit Law Blog, Seniors World Chronicle, Carnegie Reporter, Assoc. of Certified Fraud Examiners Examiner, msnbc.com, Worchester (MA) Telegram and Gazette, Carnegie Corporation of America, EO Tax Journal, Wikipedia: Non-profit Organizations; Parent: Wise Austin, Accountants News, Veterans Today, Answers.com, Far-roundtable, #Nonprofit Report, nonprofithelpnews, nonprofit news; National Enquirer, Northwest Herald, The HelpWise Daily, The #Nonprofit Report, Wikipedia (Nonprofit Organization), Answers.com, Nonprofits: On the Brink (2006) Silence: The Impending Threat to the Charitable Sector (2011)
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