Results tagged “nonprofits”

High-Risk SF Non-profit Sees Stimulus Funds Yanked

San Francisco-based non-profit agency Economic Opportunity Council (EOCSF) was expected to receive $159,000 in stimulus dollars for various/questionable "weatherization" projects. Today, however, those funds were yanked.

Mission Neighborhood Centers in Trouble

The Mission Neighborhood Centers, Inc., one of the oldest nonprofits in the neighborhood, which is responsible for putting together the annual Carnaval and Cinco De Mayo festivals, along with many other invaluable programs, is at risk of losing half of its federal grants, due to poor accounting, financial strains, and accumulating debt caused by the organization's growing too fast in recent years for its overworked and underpaid staff to handle. Additionally, there was a loan renegotiation with Wells Fargo that threw the organization further into a downward spiral.

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