The operators of Granite Park in Central Fresno are feeling the heat. The City of Fresno released the findings of an audit it did on the non-profit organization Central Valley Community Sports Foundation. CVCSF runs the large park. The audit shows there may be financial mismanagement within the organization.
Local businessman Terance Frazier is the president of CVCSF, and according to IRS tax forms of the non-profit organization, Congressman TJ Cox is the group’s treasurer/secretary. The audit essentially said the bookkeeping on this park is unreliable.
Miguel Arias is the Fresno City Councilmember who oversees District 3. He commented on Granite Park, “It’s been a great asset to the city and to the public for very minimal public investment.”
For the last three years, the City has given frazier $150,000 to help cover the million dollar annual cost of operations of Granite Park. Frazier asked for an additional $150,000 last year, and that prompted the City to do an internal audit.
The auditor said CVCSF has demonstrated a lack standard operating policies and procedures, financial management, and internal controls. But Arias said he’s not alarmed by the findings.
“There’s no evidence of mismanagement of money. What’s clear is that non-profit organizations use a different accounting system and accounting mechanism than we do in city government,” said Arias.
Frazier released a statement that said, “CVCSF is proud of our work to revitalize granite park into a state of the art sports facility for a community that has long been forgotten. after years of neglect, we took over the park and turned it into a first class public recreational facility that’s used by thousands of residents each month – and at a fraction of the cost to taxpayers to operate and maintain. we invite everyone to come see what’s been accomplished with our ball fields and soccer fields. We are going to get back to work providing a first-class sports center for thousand of Fresno families.”
Last November, after finding out about the audit, Frazier withdrew his request for more money from the City.