Internal emails and financial documents show 'flawed' plans and execution have helped create financial troubles that have nonproft scrambling
The Gatesway Foundation says state budget cuts caused financial woes. Documents show the problems run far deeper.
The Gatesway Foundation quickly fell from steady financial footing and tumbled into debts so unmanageable its leaders began frantically liquidating assets, slashing employee pay and picking off clients they deemed “unprofitable” just so they could finagle a way to pay its bills and staff.
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