Oakland Voices coverage of donation platform Flipcause

Investor lawsuit targets Flipcause’s former executive chairman, Emerson Ravyn, personally

Flipcause faces liquidation, leaving nonprofits uncertain about recovering millions in lost donations.

Hearing also reveals nonprofit challenges and industry concerns under donation platform law.

Nonprofits confronted Flipcause’s leadership, demanding answers about missing donations.

Flipcause sale finalized, but nonprofits must turn to bankruptcy court to recover funds.

The donation platform owes $29 million to nonprofits nationwide.

Nonprofits owed millions watch closely and wait as Flipcause heads to auction.

A trustee could investigate mismanagement and potential fraud concerns.

Without the ability to process payments, the donation platform spiraled into bankruptcy court.

Court filings show Flipcause executives paid themselves millions as nonprofits waited for donations.