Sentences with phrase «found financial mismanagement»
«Wherever appropriate, the EFA will provide support to academy trusts experiencing financial difficulty but where we find financial mismanagement or irregularities we will not hesitate to take swift action.
https://schoolsweek.co.uk/ Not exact matches
Attorney General Eric Schneiderman announced on Thursday that his office has reached a settlement to appoint a new board of directors for the National Puerto Rican Day Parade, after the attorney general found evidence of financial mismanagement at the non-profit organization.
This lack of oversight laid the foundation for a recent report from the Center for Popular Democracy and the Alliance to Reclaim Our Schools (AROS), which found some $ 200 million in «alleged and confirmed financial fraud, waste, abuse, and mismanagement» committed by charter schools around the country.
The report found that 42 percent of charter schools close due to financial reasons; 24 percent close due to mismanagement; and 19 percent close as a result of poor academic results.
While financial mismanagement and over-extension of credit can indeed lead to bankruptcy, we found that in only 37 % of cases this was the sole reason for filing.
Today's settlement is a huge victory for those who have fought to preserve the mission that Cooper Union has advanced since its founding a century and a half ago and a final repudiation of the failed administration whose financial mismanagement, fomenting of division, and punitive governance laid Cooper low.
His autocratic style and financial mismanagement led to his ouster in 1969 — the same year in which he founded the League of Conservation Voters and Friends of the Earth.