Diverting nonprofit resources for personal use is a violation of - TopicsExpress



          

Diverting nonprofit resources for personal use is a violation of federal tax code. If Kibbe had used “significant staff resources” to produce his book, he would have put FreedomWorks’ tax-exempt status at risk. Kibbe, Armey says, “had put the organization in jeopardy, and he had done it to line his own pockets.”-> Armey then accepted $8 million to retire, leaving Kibbe in charge and violating his principles for more money. It seems the IRS has done a bad job of investigating FreedomWorks tax-exempt status, again.
Posted on: Wed, 03 Jul 2013 06:37:26 +0000

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