Black Lives Matter 'delinquent' on financial disclosures, risks tax-exempt status, California AG warns: report
Fox News
Leaders of Black Lives Matter may be held personally liable for late fees after not properly filing financial disclosures with California.
A sign reading 'Black Lives Matter' is seen at Black Lives Matter Plaza on the one-year anniversary of George Floyd's death on May 25, 2021 in Washington, DC. The Black Lives Matter Global Network is the most high-profile organization in the BLM movement and had tens of millions of dollars in the bank at the end of 2020, it said in an impact report. (Photo by Chen Mengtong/China News Serivce) ( ) A Black lives Matter mural that was painted on 5th Avenue is seen directly in front of Trump Tower on July 13, 2020 in New York City. Black Lives Matter Global Network raised tens of millions of dollars in 2020, it said, as racial protests swept the country. (Photo by David Dee Delgado/Getty Images) (Photo by David Dee Delgado/Getty Images)
"An organization that is delinquent, suspended or revoked is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds," the letter published by the Washington Examiner continued.