Tuesday, September 7, 2010

Al Sharpton's National Action Network in dire straights

Al Sharpton's National Action Network (NAN) was recently audited and found to be nearly broke and in financial disarray.
Part of what seems to have protected them is that their accounting practices make it very difficult to determine what goes on and where the money is.
Sharpton has already paid $2M in late personal taxes after a criminal probe was dropped and his organization still owes over $1M to the state of city and state of New York as well as the feds.
Even though the organization is bleeding money they have continued to add branches around the nation.
Some existing branches are in trouble with local landlords, meeting locations and travel agencies for non-payment.
Sharpton has also been fined for illegally using NAN money for his failed presidential campaign.

And he is still allowed to continue his extortion racket.
Why do people and organizations like this continue to get a pass for not following the rules they insist we follow?

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