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nonprofitadvisorsgroup

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Mentors International
January 8, 2013

A cursory review of this organizations published fiinancials statements show that they are diverting operational expenses to program related expenses to show that more money is spent on programs expenese versus operational expenses. They have at least 5 full time employees for 7 foudations and their operational expenses as per their financial statements were less than US 70,000. How is that possible?

They included in their audits "Notes Receiveable" from partner organizations yet these notes are not asset back nor are they worth even a fraction of the value booked in the audit. This is anohter attempt to hide the true nature of this company which is really to act as a fund raising organisation for the benefit of over-paid staff members.

More feedback

How does this organization compare with others in the same sector?

Badly

How much of an impact do you think this organization has?

A little

Will you recommend this organization to others?

No

When was your last experience with this nonprofit?

2011

MY ROLE:
Professional with expertise in this field

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