A couple of days ago, I was in a meeting where we were discussing said group’s financials. At the initiation of the meeting, the group’s president said that they were interested in doing everything “on the up and up” and wanted nothing but “complete transparency”.
Further into the discussion, facts were presented that were known by some, but not all present. (All facts are stated below. I did not engage in cherry picking.)
- Said group’s president is also owner/CEO of the only company that is financially benefited by the group’s fundraising activities.
- There is no SOW/contract in place between the group and that company. This one way financial relationship has existed for years.
- Consequently, there is no way to justify expenses to any of the group’s current/future financial contributors.
- The president of the group possesses a debit card linked to the group’s bank account.
- The group’s mission