ACORN to end by April Fool's

The community organizing group ACORN announced Monday it is closing its operations amid falling revenues.

The announcement came a day after the board of the Association of Community Organizations for Reform Now met and approved the steps required "to responsibly manage the process of bringing its operations to a close over the coming months," an ACORN statement read.

The group's remaining state affiliates and field offices will close by April 1, and a plan will be developed to pay its debts, the statement said.