News of the World

[kyonides]

Black Lives Matter labeled ‘delinquent’
by California AG over murky finances

California’s Department of Justice is pursuing Black Lives Matter over its murky $60 million coffers — warning the group’s shadowy leadership that it will be “personally liable” for any fees or fines.

The state’s Attorney General Rob Bonta sent a formal delinquency notice to the controversial activist group on Monday.

“The organization BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, INC. is delinquent with The Registry of Charitable Trusts for failing to submit required annual report(s),” the letter stated.
...
BLM was given 60 days to file tax and charity documents for 2020 — the year it previously confirmed collecting a staggering $90 million, with at least $60 million left over after expenses and grants.
...
If it misses the 60-day deadline, BLM could lose its tax-exempt status and be hit with late fees “for each month or partial month for which the report(s) are delinquent,” the Justice Department’s letter warned.

“Charitable assets cannot be used to pay these avoidable costs,” the letter said.
...
BLM was also forbidden from “solicitation or disbursing of charitable assets” while it remained delinquent.
...
Co-founders Alicia Garza and Opal Tometi had already stepped away from the group when Cullors also quit amid outrage over her finances.