The Fundraising platform FlipCause filed for Chapter 11 bankruptcy in December, according to court documents. But the Oakland-based company owes more than $29 million to charities nationwide, including two in Idaho.
Allison Terenzio-Moody is the executive director of the Treasure Valley Children’s Theater. They put on productions for youth in the Boise Area like High School Musical Jr., and the Legend of Sleepy Hollow.
Before the company went bankrupt, she used FlipCause to take donations, sell tickets to performances and manage classes. The company owes her organization about $20,000, and she’s not sure she’ll ever see it.
“Basically, they took money away from our kids, and they took money away from our donors,” she said…