S.F. officials flag ‘severe’ fiscal concerns at Mission youth nonprofit

A Mission District nonprofit that San Francisco paid more than $14 million in recent years to distribute groceries and help kids is at risk of losing city funding over serious concerns about its finances, according to city monitors.

Homies Organizing the Mission to Empower Youth, or HOMEY, was flagged by the controller’s office in a report released Tuesday as one of two city-funded nonprofits that demonstrated “a pattern of severe fiscal or programmatic concerns” last fiscal year.

The controller found that HOMEY had failed to disclose debts, produced dubious financial reports and had no clear plan for resolving its financial issues, records show. Although it acknowledged its cash-flow issues, HOMEY disputed the other findings…

Story continues

TRENDING NOW

LATEST LOCAL NEWS