Imana Cares is a trust-based nonprofit organization that provides educational and social services to low-income, at-risk youth in Chicago’s South Side. With over ten million dollars in assets, Imana has been able to operate for more than 50 years. However, the organization has recently received some harsh criticism from the media. The recent accusations include money laundering and a lack of transparency with its finances.
What is Imana Cares?
Imana Cares is a nonprofit organization that provides educational and social services to low-income, at-risk youth in Chicago’s South Side. Imana has been operating for more than 50 years and has over ten million dollars in assets.
The recent accusations include money laundering and a lack of transparency with its finances.
Imana provides academic support and tutoring, leads self-development programs, provides advocacy opportunities, and helps students navigate the college process.
The accusations against Imana
The accusations against Imana Cares stem from a recent article written by a Chicago Reader’s reporter. The article alleges that the organization is not transparent with its finances and has had some issues with money laundering in the past.
Its goal is also to provide opportunities for youth to develop leadership skills and gain financial literacy.
Imana’s response to a lack of transparency
In a short video on YouTube, Imana explains that it only began to hire board members in 2016. The video also states that the organization has been transparent with its finances and is not money laundering. The organization has recently obtained a CPA who will provide an audit to confirm these claims.
The video concludes by stating that Imana plans on continuing to provide services for low-income, at-risk youth and improving diversity within the organization and society.
They are currently facing accusations of money laundering and lack of transparency with their finances but have responded by releasing this short video.
Imana Cares is a nonprofit that aims to help people in the South African region. In response to accusations of a lack of transparency, they released a statement saying that they are experiencing a dip in donations, but hope the situation will improve soon.
The Truth About Imana Cares: What’s Up With That?
The organization has recently terminated their contract with their top tier donor and is currently in search for a new public relations agency.