Ohio teacher’s union seek IRS investigation of charter school group
The Akron Beacon Journal reports:
The Ohio Federation of Teachers has asked the Internal Revenue Service to examine the non-profit status of charter schools managed by White Hat Management, the company established by Akron entrepreneur David Brennan.
The union, which has a long history of challenging Brennan’s company, is asking the IRS to determine whether the schools under White Hat’s umbrella can properly register as a 501(c)(3) tax-exempt firm . . .
Don Mooney, an attorney representing OFT, wrote the IRS that documents indicate that the for-profit White Hat company controls the non-profit charter schools that pass through 95 percent of all their tax dollars to Brennan’s firm, which amounts to about $84 million annually . . .
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