Sharpton’s Nonprofit Could be in Trouble | The Blaze

Sharpton’s Nonprofit Could be in Trouble | The Blaze:

An audit completed by a private firm shows that Al Sharpton’s National Action Network (NAN) is in such poor financial shape that it might not survive. The audit was sanctioned by NAN, which reviewed the organizations 2008 records, the most recent available.

According to a copy of the audit obtained by the New York Post, the firm, KBL, concluded: “The organization has suffered recurring decreases in net assets — and has been dependent upon advances from related parties and the nonpayment of payroll tax obligations — to maintain continuity. … These circumstances create substantial doubt about the organization’s ability to continue.”"