According to a new report, in at least nine states, Stacey Abrams’ New Georgia Project is collecting money without a license, exposing itself to penalties and criminal investigations.
State laws across the country prevent organizations from soliciting donations if they have not submitted required financial reports with the IRS.
The New Georgia Project, on the other hand, is currently seeking funds through a countrywide campaign hosted by the online fundraising platform ActBlue, despite missing the Nov. 15 deadline to complete its Form 990.
Representatives from the appropriate offices in Tennessee, Mississippi, and North Carolina, where the New Georgia Project’s charity registration has expired, warned the Free Beacon that the organization might face fines ranging from $25 to $25,000 for breaking their states’ charity regulations.
According to the most recent public filings, the New Georgia Project, dubbed the “poster child” of Abrams’ attempts to support Democrats in the state, raised $25 million in 2020 and concluded the year with $18.5 million in assets.
Since Nov. 15, the New Georgia Project’s charity status has been designated “EXPIRED-MAY NOT SOLICIT” on Colorado’s online charity locator.
According to state legislation , unlicensed charitable soliciting is considered charity fraud in Colorado.
New Georgia Project’s charity renewal application in North Dakota was due on December 1, yet the organization is still operating in the state as of Monday.
If a complaint is made against the group, the Maine Department of Professional and Financial Regulation may launch an inquiry, according to a spokesman.
The charity license for New Georgia Project lapsed in Maine on November 30, the same day it expired in Washington State.
The New Georgia Project has not to submit its 2021 Form 990 to the IRS, which was due on November 15.
The firm missed the deadline following the termination of its senior financial officer in June, who stated that he couldn’t do his job without breaking the law.
The Form 990 declaration would include information about the organization’s finances, including how much it paid key executives and contractors.