The nonprofit could be forced to sell its buildings to pay off its debts.
The Louisiana Department of Children and Family Services has revoked the license for the daycare owned by struggling nonprofit Operation REACH, Inc., according to state officials. That revocation, effective at the end of last week, means The Knowledge Garden, at 1700 Josephine St., must end its operations immediately.
Operation REACH, Inc., the troubled education nonprofit, failed to properly account for nearly $900,000 in grant money received over three years, some of which may have been misspent, according to an audit by the federal agency that awarded the cash. The New Orleans-based nonprofit’s questionable spending was “unsupported by required documentation and/or incurred improperly,” according to the Inspector General’s Office of the Corporation for National and Community Service, one of Operation REACH’s main funders.