Podcast on turmoil involving Wounded Warrior Project

October 1, 2016, 11:44 am
Image courtesy of DollarPhotoClub.com

Image courtesy of DollarPhotoClub.com

If you’ve been following the media turmoil surrounding Wounded Warrior Project, you will want to check out a podcast from The Contributing Factor (that is Bill O’Reilly’s website):  Podcast: Ousted Wounded Warrior Project Executives Speak Out.

There are interviews with the two departed senior executives.

That page also has written responses from the board denying the specifics in the Doug White report.

The board asserts that giving dropped as soon as the media reports surfaced. Mr. Nardizzi asserts that he was watching the giving until the day he was released and noticed the giving was only 1.7% below the projected income.

Check out the podcast. I’ll try to have more comments later.


A completely different perspective on the crisis surrounding Wounded Warrior Project.

September 26, 2016, 9:53 am
Image courtesy of Adobe Stock.

Image courtesy of Adobe Stock.

Here are a few articles which will give you a different way of looking at the recent publicity surrounding Wounded Warrior Project. I’ve been swamped by several major projects so haven’t had much time to write recently. Those projects are still not done so I won’t be able to spend as much time on this post as I would like, yet I want to get some comments online for those who have been following the story.

The biggest article is The First Casualty: A report addressing the allegations made against the Wounded Warrior Project in January 2016 by Doug White, published September 6, 2016.

There is a lot of information about the entire story which has received minuscule coverage. Here is my quick recap of his major points:

Read the rest of this entry »


Layoffs underway at Wounded Warrior Project

September 1, 2016, 9:09 am
Image courtesy of Adobe Stock.

Image courtesy of Adobe Stock.

Layoffs of about 15% of the staff are in progress at WWP, according to an article at Chronicle of Philanthropy by Timothy Sandoval: Wounded Warrior Announces Layoffs and Program Cuts. That would be a reduction of something in the range of 90 people out of the roughly 600 on staff.

Read the rest of this entry »


Restructuring underway at Wounded Warrior Project

August 31, 2016, 9:14 am
Image courtesy of Adobe Stock.

Image courtesy of Adobe Stock.

Some of the recent news regarding WWP. Much more to say, not enough time today.

Wounded Warrior Project released their financial statements for fiscal year ending September 30, 2015. One sentence summary is they have continued the accounting practices in place for 2014, which have drawn lots of criticism. At first glance, looks to me like functional allocation of expense methodology is unchanged from 2014. Much more discussion is needed on the issue.

Tim Sandoval describes the issue on 8/17 at Chronicle of Philanthropy (behind paywall):  Wounded Warrior Sticks With Accounting Rules That Drew Fire.

Layoffs and restructuring have begun:

8/30 – News 4 Jax – I-Team: Executives laid off, reassigned at Wounded Warrior Project – Article says several executive vice presidents have been let go or reassigned. More changes at the EVP level are expected.

Read the rest of this entry »


Wounded Warrior Project releases financial statements and 990 for year ending September 30, 2015.

August 16, 2016, 8:36 am
Image courtesy of Adobe Stock.

Image courtesy of Adobe Stock.

WWP has released their fiscal year 2015 990 information tax return and audited financial statements.

Keep in mind these are for the year ended September 30, 2015, which is well before the media firestorm erupted in January 2016. Thus, there will be no impact visible in these reports from any turmoil in calendar year 2016, other than a brief comment in subsequent events note.

You can find the front page of the financial section of their website here.

The archived financial reports from 2015 back through 2006 are here.

The 990 for 9/30/15 is here.

The audited financial statement for 9/30/15 is here.

A few initial observations:

Read the rest of this entry »


Minor updates on Wounded Warrior Project – 8/5

August 5, 2016, 8:45 am
Image courtesy of DollarPhotoClub.com

Image courtesy of DollarPhotoClub.com

Not a lot of news about WWP lately, or at least that I’ve noticed. Expect lots more coverage in about two weeks.

Mark Hrywna (@mhrywna) posted a Twitter comment on July 28 that WWP will file their 990 on the deadline of August 15. I asked if he some indication when the 990 will be available on their website. He hasn’t heard, but noted they tend to post quickly after the return is filed. So perhaps this month we will see the 990. Hopefully see the audited financial statements about the same time.

In some older news:

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Initial reactions to Sen. Grassley’s letter to Wounded Warrior Project

May 18, 2016, 8:52 am
Image courtesy of DollarPhotoClub.com

Image courtesy of DollarPhotoClub.com

Here are a few of the first reactions I’ve seen to the letter that was released to the media by the Senator’s staff on Monday.

Professor Brian Mittendorf describes what he sees as The Fundamental Issue in the Wounded Warrior Project Inquiry. The underlying issue in the letter from Senator Grassley to WWP is just a different way to look at the core issues in the discussion. The issue: Read the rest of this entry »