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Home Front: Politix

Stacey Abrams' Nonprofit Implodes After Shelling Out Millions In Failed Election Fights

2024-01-31

[DC] Future Dem POTUS candidate
Failed Georgia gubernatorial candidate Stacey Abrams’ nonprofit, Fair Fight, is laying off the majority of its staff, according to the Atlanta Journal-Constitution.

Fair Fight, a group Abrams founded to combat alleged voter suppression in Georgia, will be laying off 75% of its staff and significantly narrowing its scope of operations, the AJC reported. The organization holds $2.5 million in debt but only has $1.9 million in cash, according to the AJC.

Salena Jegede, chair of the organization’s board, said that it faces a “serious funding deficit that makes our current trajectory unsustainable.” (RELATED: MSNBC Analyst Presses Stacey Abrams On Struggling Economy. She Says, That’s Why We Need Abortions)

Finances haven’t always been an issue for Abrams’ nonprofit.

Fair Fight raised more than $100 million during its first three years of operations, according to AJC. Fair Fight Action, Fair Fight’s political arm, even aired an advertisement during the 2019 Super Bowl promoting Abrams.

Things appear to have begun going downhill for Abrams’ nonprofit after the 2020 election cycle.

Fair Fight Action had more than $21 million in net assets at the end of 2020, according to tax filings. That figure dropped to about $3.4 million in 2021 and again to just over $1.5 million in 2022, tax documents show.

More recently, a court ordered Fair Fight Action to pay about $231,000 in legal fees after it lost a years-long case alleging voter suppression in Georgia, the Washington Free Beacon reported. In addition to compensating Georgia for its spurious allegations, Fair Fight Action spent more than $25 million on legal expenses between 2021 and 2022, according to tax forms.

Posted by:Frank G

#7 She loved living large on the campaign meal ticket.

Posted by: NoMoreBS 2024-01-31 16:27

#6 Another hit to the ATL chicken and waffle restaurants

Posted by: Beavis 2024-01-31 11:49

#5 .
$21 million in 2020,
$3.4 million in 2021,
$1.5 million in 2022

Money laundering.

Posted by: Skidmark 2024-01-31 10:35

#4 Is she who the American Tank is named after?

Posted by: Shoth Gratch3103 2024-01-31 09:24

#3 ...which is why they think we have the funds to pay for their inane programs and narcissistic virtue.

Posted by: Procopius2k 2024-01-31 08:23

#2 Unfortunately, the left seems to have a bottomless well of money to waste like this.

Posted by: M. Murcek 2024-01-31 08:19

#1 spent many millions of dollars to investigate voter suppression, interview people, photo graph operations, etc.

when it came time for testimony, the number of people they found who could not vote because of suppression came to the grand sum of

zero

Posted by: lord garth 2024-01-31 07:52

00:00