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Stacey Abrams Has $500K Missing In Tax Filing; Investigation Could Follow

  • Over half a million dollars is missing from the New Georgia Project, a discrepancy which experts say is grounds for state and federal investigations into the Stacey Abrams-founded group and the woman Abrams tapped to run it.
  • The New Georgia Project filed its 2021 Form 990 financial disclosure in January, two months after the form was due to the IRS, and three months after the charity’s board chairman fired CEO Nse Ufot, Abrams’s hand-picked leader for the group.
  • In the disclosure, the New Georgia Project reports a $533,846 consulting payment and a $67,500 grant to the Black Male Initiative, an obscure charity run in part by Ufot’s brother, Edima, a former New Georgia Project employee.
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