I ask the same questions that Kathy and Lisa raise. Where did money go? And where were the fundraisers? There is no audited financial statement on their web page for 2012, which should be there, as it ended in June. There are no fundraisers listed in the upcoming events. How on earth did they end up with a $700k deficit without a significant amount of work paring back and reaching out? There are so many questions about the ability of the leadership team in this last year.
Key quotes from the Seattle Times story
But some of those close to the organization were dismayed. "I am shocked, I am sad at the decision to dissolve People for Puget Sound, and I strongly believe this did not need to happen," said Kathy Fletcher, founder and executive director of the nonprofit until her retirement last year.
She and others said there was no broad appeal before pulling the plug. "I don’t remember anything in the community to say, ‘Hey, we have to save this.’ Where was that reaching out? That didn’t happen," said Lisa Jaguzny, executive director today at the Campion Foundation, and formerly chief financial officer for 11 years at People for Puget Sound. "Where did the money go? When I left there was a million dollars in the bank and a couple of months of cash on hand and strong relationships with funders."
Read the rest of this story at:
http://seattletimes.com/html/localnews/2019139471_puget13m.html