Months after a Georgia nonprofit admitted to violating campaign finance laws, it has announced it will shut down.

The New Georgia Project and The New Georgia Project Action Fund will be officially dissolved.

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“We are proud of the milestones we have achieved, the communities we have engaged and the countless individuals whose lives have been strengthened by our work,” the Board of Directors wrote in a statement.

In January, the voting rights group admitted to 16 violations of Georgia’s campaign finance laws, and the state ethics commission hit it with a record $300,000 fine.

Lawmakers also contemplated investigating the organization’s ties to former Democratic gubernatorial candidate Stacey Abrams.

Read more of this story on WSBTV.com.