Rocci Stucci Media

Over Half a Million Dollars is Missing From Stacey Abrams’ Non-Profit

The Stacey Abrams charity ‘New Georgia Project’ has a major problem with its taxes. There is a shortage of  $533,846 from its fund. In their tax filings, they allegedly paid $533,846 to the Black Male Initiative. However, the Black Male Initiative says that they did not receive any money from anyone and had only received donations totaling   $255,000 in contributions from all sources in 2021. That money went somewhere.

At the time, the charity’s board chairman fired CEO Nse Ufot, Abrams’s hand-picked leader for the group and whose brother, Edima, ran the Black Male Initiative. There has been no announcement on where the money went, but it is a safe bet that it was embezzled. It is said that the disclosure shows that there were riddled with errors and discrepancies. Abrams used her non-profit to turn out the vote and she still lost by a huge margin. She has claimed voter suppression, but not one single Black person has claimed they couldn’t vote.

The Washington Free Beacon broke this story:

Stacey Abrams Charity Has a $500,000 Problem In Its Latest Tax Filing

Over half a million dollars is missing from the New Georgia Project, a discrepancy which experts say is grounds for state and federal investigations into the Stacey Abrams-founded group and the woman Abrams tapped to run it.

The New Georgia Project filed its 2021 Form 990 financial disclosure in January, two months after the form was due to the IRS, and three months after the charity’s board chairman fired CEO Nse Ufot, Abrams’s hand-picked leader for the group. In the disclosure, the New Georgia Project reports a $533,846 consulting payment and a $67,500 grant to the Black Male Initiative, an obscure charity run in part by Ufot’s brother, Edima, a former New Georgia Project employee.

But the Black Male Initiative says it never received any such consulting payment. The group provided the Washington Free Beacon with its IRS financial disclosures, which show it collected $0 in consulting income and just $255,000 in contributions from all sources in 2021.

The ethical questions raised by the missing money are the latest stumbling block for the embattled charity.

From The Free Beacon

The New Georgia Project filed its 2021 Form 990 financial disclosure in January, two months after the form was due to the IRS, and three months after the charity’s board chairman fired CEO Nse Ufot, Abrams’s hand-picked leader for the group. In the disclosure, the New Georgia Project reports a $533,846 consulting payment and a $67,500 grant to the Black Male Initiative, an obscure charity run in part by Ufot’s brother, Edima, a former New Georgia Project employee.

But the Black Male Initiative says it never received any such consulting payment. The group provided the Washington Free Beacon with its IRS financial disclosures, which show it collected $0 in consulting income and just $255,000 in contributions from all sources in 2021.

Author

Share:

Facebook
Twitter
Pinterest
LinkedIn

18 Responses

  1. Imagine that, a primate thief steals money, what else is new ????? STUPIDITY ABOUNDS !!!!

    1. A Corrupt Democrat and member in Good Standing of the Party of Criminals! By the way Stealing, as in Stealing VOTES, is What They Do. Looking at her, she Probably spent it on FOOD! She is just another Disgraceful Political Hack in a Party of Political Hacks and I bet that one of her HEROS is Maxine Waters? Turds of a Feather!

  2. C’mon man! What is the use of having cash available, if you don’t tap a little something for your self?

  3. That money, or a great deal of it, landed in the pockets of that corrupt, hateful cow stacey abrams!!!!! I doubt anything will be done about it because the whole corrupt crew are devildemocommiecrats and devildemocommiecrats are famous for getting away with income tax evasion, embezzlement, and a host of other crimes!!!!!!!!!!

    1. She won’t be convicted. Only folks like you and I would be. Two tier justice system. Which is why if you ever find yourself as a juror sitting in judgment of someone being prosecuted for things that the “elite” routinely get away with (or if the law is unjust, or the penalty extreme, or the prosecution clearly political), consider acquittal. Jury nullification.

    2. Grandpa, it is a devildemocommiecrat so it will be applauded and praised by those of the same ilk!!!!!!!!!!

  4. OVER HALF A MILLION DOLLARS IS MISSING FROM STACEY ABRAMS’ NON-PROFIT Call it what the Demoncraps call it — a nestegg for retirement…

  5. Not surprising. The Democrats are the party of Corruption, racism, and antisemitism. One just has to look at Lying Corrupt Quid Pro KING Joe, who made millions under the table from Communist China. Corrupt Quid Pro sold out America for monetary gain. My how the Democrat voters just love their corrupt politicians, otherwise they wouldn’t keep voting for them.

  • Decide Right

  • On Key

    Related Posts