UPDATED: Saturday, November 17, 2012 --- 9:19 a.m.

A youth baseball and softball organization is reportedly at the center of a police investigation.

The Kennedy Little League coaches kids from the Lafollette, Monona Grove, and McFarland High School attendance areas.

Late this week coaches and members of the board received an email which said there was an "on-going investigation by the Madison Police Department regarding funds missing" from the organization.

The email also says police have a person of interest and have started a criminal investigation. It says the league will still be able to "make all of our financial commitments and we are in no danger of not being able to continue to provide baseball and softball for our children."

It is still unclear how much money may be missing from the league's accounts.

So far, Madison Police have not released any information regarding this situation.