Veteran organization fires top officials amid reports of mismanagement of funds – Joe Walsh

Veteran organization fires top officials amid reports of mismanagement of funds

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The chief executive officer and the chief operating officer of the Wounded Warrior Project, one of the nation’s leading veteran organizations, have been fired by the group’s board, according to a statement.

As the Washington Post reported, the Wounded Warrior Project has been embattled in controversy amid reports that the veteran support group has mismanaged funds.

According to the Washington Post:

The statement by the PR firm, Abernathy MacGregor, said a preliminary financial audit found that “some policies, procedures and controls at WWP have not kept pace with the organization’s rapid growth in recent years and are in need of strengthening.”

According to Wounded Warrior Project tax forms obtained by a CBS News investigation, the organization spent $26 million on conferences and meetings in 2014, up from $1.7 million in 2010.

The CBS report also talked to numerous former employees that accused the organization of making money off their injuries.

According to the charity watchdog, “Charity Navigator,” Wounded Warrior Project only spends 60 percent of its budget on veterans. However, according to the recent release, the preliminary finacial audit indicates that the organization spends 80 percent. The Marine Corps Law Enforcement Foundation, on the other hand, provides more than 98 percent to veterans. Charity Navigator also assessed that Wounded Warrior’s total revenue for 2014 was well over $340 million.

One former employee told CBS News that how Wounded Warrior Project spends its money is the equivalent of “what the military calls fraud, waste and abuse.”

Read more about the controversy surrounding the veteran group at the Washington Post here.

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