What's The Deal With WE Charity's Accounting Department? - 2020-07-15
Since then, CI has downgraded WE to three stars, given the organization a "fair" rating on demonstrated impact (the second lowest level on a scale of five), and issued a "donor advisory" concerning the rapid turnover of the charity's board of directors. The full assessment can be accessed here.
CI's managing director, Kate Bahen, has also expressed alarm at the charity's unusual financial activity.
"We've never seen the backwash before," she said this week on CBC's The Current, expressing surprise about the movement of funds from the charity to its for-profit sister company, ME to WE Social Enterprises.