I would imagine a condition of the funding would be to restructure and get the right people in place to continue the mission, ideally more responsibly.
Like, the entire article is saying "we fucked up in various ways" but there is no accountability piece to speak of. Just an ask for more money for a ground up rebuild.
You know these people are volunteers, right?
Even the ones getting paid, are making a tiny fraction of what they could in the private sector doing something more greedy with their time.
Life is not all startup exits and stock options. Some folks are actually trying to do good in the world.
Sure, they should have kept the 100k, but giving it away was well aligned with their mission.
Your solution seems to include asking for a lot more money, to recruit outside leadership to work on what looks very much like an ambitious passion project right now, and coming up with a solution to turn it all around before funding runs dry while honoring the core idea behind the project (because that is what people will be donating/funding towards) — instead of betting on the current, apparently intrinsically motivated staff to maybe learn from their mistakes and do what they can to turn this around.
That strikes me, by far, as the more unrealistic solution.
> Just an ask for more money for a ground up rebuild
That seems to misunderstand what they're asking for. As far as I understand, they're asking for money to build version 5, by using everything they built so far. It's not a "ground up rebuild" by any measure, but funding for the next iteration seems to be missing.