ATTORNEY GENERAL ANNOUNCES CONSENT DECREE TO DISSOLVE A DENVER-BASED NONPROFIT CORPORATION
DENVER — Colorado Attorney General John Suthers announced today that his office has filed a consent decree that transfers the assets of Fired Up For Kids, a Denver-based organization to a successor organization, Colorado Firefighter Calendar, Inc. Under the consent decree, Fired Up For Kids has agreed to dissolution under the Colorado Revised Nonprofit Corporations Act.
The Office of the Attorney General filed a lawsuit against Fired Up For Kids in December 2011 alleging that the organization operated as a for-profit business despite presenting itself as a nonprofit entity and registering with the Colorado Secretary of State’s Office as a nonprofit. According to the complaint, shortly after the nonprofit formed Hamling began using its accounts and assets for personal uses, including gym memberships and airline tickets. The Office of the Attorney General filed the lawsuit after Hamling resigned from the organization in September and refused to turn over to a successor the intellectual and physical property of the organization, including its bank accounts.
The consent decree resolves these issues and allows the Office of the Attorney General to monitor Fired Up For Kids’ compliance with the agreement.
DateMarch 22nd, 2012