Tea party group FreedomWorks is in de...

Tea party group FreedomWorks is in deep financial trouble

Posted in the Minneapolis Forum

Tea Party People

Honolulu, HI

#1 Oct 20, 2013
The conservative activist group credited with building the tea party has turned into a nearly broke wingnut welfare slush fund, according to former staffers.

Sources told BuzzFeed that FreedomWorks was forced to take out a $1 million line of credit to keep extra cash on hand earlier this year.

The nonprofit organization raised more than $40 million last year but has taken in as little as $3 million so far this year, the site reported Friday, and staffers are reportedly fleeing the group as morale plummets.

Two sources with close knowledge of the organization’s finances told Buzzfeed that FreedomWorks had raised less than $2 million in the first quarter of 2013, although a former employee said it may have raised as much as $10 million so far this year.

But the group’s financial troubles were less related to raising money in an off-cycle year and had more to do with extravagant spending, including a craft beer bar in the office and $80,000 Las Vegas hotel bills, by FreedomWorks’ top-heavy management structure, sources said.

They also questioned the value in spending a reported $1 million a year to prop up Glenn Beck’s network, The Blaze.
LIbEralS

Saint Paul, MN

#2 Oct 20, 2013
Arch on Larch

Detroit, MI

#4 Oct 21, 2013
So that's who is propping up Beck's money-losing network.
Tea Party People

Minneapolis, MN

#5 Oct 22, 2013
The nonprofit organization raised more than $40 million last year but has taken in as little as $3 million so far this year, the site reported Friday, and staffers are reportedly fleeing the group as morale plummets.

LOL!
IrishMN

Minneapolis, MN

#6 Oct 25, 2013
Tea Party People wrote:
The nonprofit organization raised more than $40 million last year but has taken in as little as $3 million so far this year, the site reported Friday, and staffers are reportedly fleeing the group as morale plummets.
LOL!
If YOU worked for the tea party, would you even admit it to someone (except maybe a priest during confession)?

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