Charity audit uncovers mismanagement

A recent audit of the Indiana chapter of Concerns of Police Survivors identified negligence, mismanagement and insufficient documentation in the board operations for the group's Indiana chapter. C.O.P.S. is a charity that offers aid to families of police officers who were killed in the line of duty.

The national C.O.P.S. group, which conducted the audit, found that the Indiana chapter failed to report a $1 million gift to the IRS, and was overpaying its founder, according to the Chicago Tribune. Its bank account, valued at nearly $1.4 million in 2007, fell to just $624 in 2010 as a result of stock market losses and overspending. The audit was ordered after co-president Carolyn Dudley contacted the national group with her concerns.

The Indiana chapter has since implemented a variety of audit solutions, including a strict $50,000 allowance for 2011, a new three-member board and meticulous record-keeping. The remainder of the $1 million donation has been placed in a protected fund, as was originally intended.

C.O.P.S., which was founded in 1984, has grown from 110 individual members to more than 15,000 families, according to the organization's website.

Leave a Reply

Your email address will not be published. Required fields are marked *

Prove You're Human * Time limit is exhausted. Please reload the CAPTCHA.