Having previously flown on Nine-O-Nine, and provided some financial support to the Colling's Foundation, I'm shocked and dismayed at the findings. This suggests more than a one-off mistake or 'bad day' - more of a systematic carelessness. They may have a hard time surviving this.
Colling's has an impressive collection of both vintage warplanes and armored vehicles (they obtained most of the Littlefield collection of armored vehicles after he died). I hope the collection remains intact, even if it ends up "under new management".